The Indian government has kept their focus on the domestic defense sector and following that trend Mazagon Dock has caught a rally that investors are in awe of. In the past 12 months, the stock has given 217% returns and if we look back 5 years the stock has given 1,200% returns, a multibagger in …
Grasim Industries, a leading Indian conglomerate known for its textiles, chemicals, and cement businesses, has taken a significant step towards a greener future. On April 4, 2024, they announced the acquisition of a 26% equity stake in Clean Max Decimus Private Limited, a Special Purpose Vehicle (SPV) focused on renewable energy generation and transmission. This …
On April 05, 2024, Sobha Ltd released its operational update for the quarter ended March 31, 2024. The company reported consistent sales for the quarter, reaching a value of ₹15.04 billion at an average price realisation of ₹11,230 per square foot. Due to the success of SOBHA Neopolis, which opened in Q3 of FY2024, Bangalore’s …
Aditya Birla Fashion and Retail Ltd. (ABFRL) has announced a strategic move that could reshape its future. The company plans to vertically demerge its Madura Fashion & Lifestyle business into a separate listed entity. This decision, authorized by the Board of Directors, aims to create two independent growth engines with distinct value creation trajectories and …
On April 04, 2024, a leading real estate developer in India, Prestige Group, announced through an exchange filing about the acquisition of ~21 acres of prime land in Whitefield, Bengaluru. The company has paid ₹450 crore in the form of consideration for the acquisition of land. The company further stated that the acquired land would …
HDFC Bank released its Q4 Updates and the market was happy about the numbers what they say, this comes after between January and February the stock fell as much as 18% in a few trading sessions citing the NIMs contraction with the bank and when the latest updates of the bank came in market rallied …
Hey there, savvy investors! If you’re ready to navigate the exciting world of the stock market and make your money work for you in 2024, you’ve come to the right place. In this article, we’ll delve into some of the best stocks to consider for 2024, providing you with insights that will help you make …
Today, domestic indices experienced downward movement, affected by declines in the energy, capital goods, metals, and telecommunications sectors. However, amidst this downturn, the real estate and healthcare sectors demonstrated notable resilience, standing out in the market despite the overall weakness. The broader indices significantly outpaced the main indices by a considerable margin. At 10:20 am, …
On April 4, 2024, HDFC Bank Limited informed in an exchange filing that the company sold about 3% of its stake in Indraprastha Medical Corporation Limited. Details of the Sale HDFC Bank held 50,31,897 equity shares of ₹10 each as of February 28, 2024, in Indraprastha Medical Corporation Limited. On April 4, 2024, the bank …
On April 4, 2024, Wipro Limited informed in an exchange filing that the company’s step-down subsidiary, Wipro Arabia Limited, had signed an agreement on April 3 towards the transfer of shares held by Princess Nourahh Bint Abdulrahman University’s Endowment Company in Women’s Business Park Technologies Limited, which is another step-down subsidiary of Wipro Limited. The …
