Hindustan Aeronautics Limited (HAL) is an Indian public-sector aerospace and defence company, headquartered in Bangalore. Established on 23 December 1940, HAL is one of the oldest and largest aerospace and defence manufacturers in the world. The defence manufacturing company has a total market capitalization of about Rs.3.5 lakh crores. HAL Receives RFP from Defence Ministry …
Wipro Limited is an Indian multinational corporation that provides information technology, consultant, and business process services. It is one of the leading Indian Big Tech companies. Wipro’s capabilities range across cloud computing, computer security, digital transformation, artificial intelligence, robotics, data analytics, and other technology consulting services to customers in 167 countries. Wipro and GBST Partnership …
On June 14, 2024, the Nifty 50 and Sensex rose 0.29% and 0.24% to close at 23,465 and 76,992, respectively. Top Gainers and Losers On the sectoral front, Nifty Auto, Nifty Mid-small Healthcare, Nifty Consumer Durables, and Nifty Realty ended in the green. Meanwhile, Nifty IT and Nifty Media fell. The top gainers were ABB, …
In 2024, the chemical industry is navigating through various challenges and opportunities, reflecting a resilient global economy amidst post-pandemic disruptions and geopolitical tensions. Tata Chemicals Ltd (TCL) is strategically positioned to capitalize on these dynamics, focusing on both expansion and sustainability initiatives. This article explores Tata Chemicals’ expansion plans, financial performance, sustainability initiatives, and strategic …
On Friday, the market continued to hit record highs but remained within a range. The Sensex gained moderately by 0.24% to close at 77,992.78, while the Nifty achieved a life high for the third consecutive session, rising by 0.29% to close at 23,465.60. In sectoral performance, Nifty Auto, Nifty Realty, and Nifty Metal were among …
The month of May was nothing short of a roller coaster ride for the Indian equity markets. The volatility was driven by the general elections in the world’s largest democracy and persistent global issues like inflation and geopolitical tensions. As a result, the NSE benchmark Nifty50 index ended May down by 0.33%. On the monthly …
The week was marked by a continuous rise in the Nifty, with prices reaching new highs throughout. However, traders encountered difficulties trading within the major indices due to slow intraday movements. On Friday, Nifty opened on a positive note but lacked consistent buying momentum, staying within a tight 50-point range and ending with a 0.29% …
In 2024, several companies have significantly eroded investor wealth, causing substantial financial pain and disappointment. Here, we highlight the top three wealth destroyers: Zee Entertainment, Syrma SGS Technology Ltd, and One 97 Communications Ltd (Paytm). We delve into the reasons behind their declining stock prices and the critical lessons investors can learn from these developments. …
During Friday’s trading sessions, these three equities gained significantly with price and volume activity, indicating potential bullish action. Here’s an in-depth look. GMR Airports Infrastructure Ltd GMR Airports Infrastructure Ltd reached a high of Rs 94.55, with an impressive traded volume of 92,302,505 shares. The stock is currently trading at Rs 93.95, up from its …
On June 14, 2024, Sun Pharma and Moebius Medical revealed new findings at EULAR 2024. They shared data showing that patients with symptomatic knee osteoarthritis continued to experience significant pain relief up to 26 weeks after receiving injections of MM-II. These results come from a Phase 2b clinical trial (NCT04506463) that included randomised and controlled …
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