Incorporated as ‘Au Housing Finance Private Limited’ in 2011, the company transitioned to a public limited entity in 2013, rebranding as ‘AU Housing Finance Limited.’ Further, in 2017, it adopted the name ‘Aavas Financiers Limited.’ Operating primarily in semi-urban and rural areas, Aavas caters to the low and middle-income segments, employing a unique appraisal methodology …
With price volume support, Hindustan Petroleum and Sona BLW are strong positive breakout candidates. The stock price, which is currently trading at Rs 421 and Rs 624, has given a breakout of range and cup & handle chart pattern respectively. The RSI, ADX, and other technical analysis parameters are in harmony with the breakout. Hindustan …
KEC International Limited primarily focuses on the Engineering, Procurement, and Construction (EPC) sector, specifically dealing with infrastructure. This includes products, projects, systems, and associated operations within power transmission, distribution, railway, and other EPC sectors, has made a significant announcement regarding orders received by the company. The official report details that the company has received an …
In a decisive move aimed at fortifying its financial position, the Board of Directors of South Indian Bank convened on December 27, 2023, approving a Right Issue to raise funds of up to Rs. 1,750.00 crore. This strategic decision is poised to reshape the bank’s trajectory, ensuring sustainable growth and enhancing its capacity to navigate …
The benchmark index S&P BSE 500 opened today at 30,607.74 and made its day high at 30,636.79 and it is trading in green today, up by more than 0.35% From the same space, these are the top 3 companies that outperformed the benchmark index and were up by …
On Thursday, the benchmark indices were trading higher with the Sensex up around 190 points or 0.26% at 72,250 while the Nifty-50 up around 64 points or 0.30% at 21,720. About 1,751 shares have advanced, 1,730 declined, and 168 are unchanged on the BSE. Top gainers and losers on the BSE Sensex index are as …
In 2023, India’s real estate market demonstrated resilience and maintained optimism despite global uncertainties. The commercial real estate sector, especially in top cities, experienced strong demand, driven by domestic occupiers from various sectors. The office market thrived with the adoption of hybrid work models, particularly favouring flexible spaces. Stable interest rates supported the residential sector, …
About the MoU Just before the closing bell Housing & Urban Development Corporation Ltd (HUDCO) reported to the exchanges that it has executed a MoU with the State Government of Gujarat for an investment of up to Rs 14,500 crore for financing the Housing and Urban Infrastructure projects in the State of Gujarat. The State …
On Wednesday, Aarti Industries shares rose by 2.58% to trade at its 52-week high of Rs 649.50, from its previous closing of Rs 633.15 on the BSE. About the contract Aarti Industries Ltd (AIL) has entered into a 9-year long-term supply contract for the supply of a niche agrochemical intermediate with a global agrochemical products …
Today, the broader indices, NSE Nifty50 and BSE Sensex, ended the day in the green. The Nifty50 reached a new all-time high of 21,675.75 and closed at 21,654.75, marking an increase of 213.40 points or 1% compared to the previous day’s closing level. Meanwhile, the BSE Sensex concluded at 72,038, reflecting a gain of 702 …
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