SpiceJet, the low-cost carrier, has recently reached a settlement with aircraft lessor Celestial Aviation, marking a significant step in resolving its financial challenges. Additionally, the airline has secured additional funding, further bolstering its position in the market. Let’s delve into the details of these developments and their implications for SpiceJet. Settlement with Celestial Aviation SpiceJet …
Today the NSE Nifty50 and BSE Sensex, ended the day in the red. The Nifty50 closed at 22,122, registering a significant decline of 90.65 points or a 0.41% increase compared to the previous day’s closing level. Meanwhile, the BSE Sensex concluded at 72,790, reflecting a decline of around 352.67 points. Among all the stocks listed …
On Monday, the market showed volatility within a narrow range before the release of important economic data. The market ended with slight decreases, with the Sensex closing down by 0.48% at 72,790.14 and the Nifty also declining by 0.41% to close at 22,122.05 In terms of sector performance, Nifty Energy, Nifty Auto, and Nifty Realty …
These three equities gained significantly during Monday’s trading sessions, indicating strong bullish action. Here’s an in-depth look. Moksh Ornaments Ltd Moksh Ornaments Ltd had a significant uptrend today, bouncing back from its 50-day Exponential Moving Average (EMA) quite some time ago. It broke its all-time high, indicating strong bullish momentum in the market. Additionally, it …
IFB Industries Ltd. is a prominent player in the consumer durable sector, engaged in the manufacture of home appliances, parts, and accessories for motor vehicles. Established on September 12, 1974, the company is headquartered in Kolkata, India. In Monday’s trading session, amidst market consolidation, IFB Industries Ltd. caught the attention of market experts due to …
According to the most recent corporate shareholding statistics, the Government of Singapore, the largest FII investor in India, openly owns 50 stocks with a net worth of more than Rs 219,688 crore. In the previous quarter, they expanded their ownership in 17 firms and acquired stakes in 7 stocks, including NTPC, UltraTech Cement, Zomato and …
Certainly, achievements are a source of pride for individuals and companies alike. Recognition and appreciation moments for a company can include milestones such as surpassing production unit benchmarks, exceeding previous sales figures, achieving the highest operating profit, or reporting the highest net profit during a quarter in the past decade. It is natural for companies …
About the projects Gensol Engineering Limited (GEL) announced the successful acquisition of two substantial Engineering, Procurement, and Construction (EPC) contracts, solidifying their commitment to India’s renewable energy transition. The first, a 250 MWac/350 MWdc ISTS solar power project in Rajasthan, showcases Gensol’s emerging leadership in the industry and its support for India’s sustainable energy transition. …
On Friday, the main stock market indices ended the trading day with minimal changes. The Sensex closed just slightly lower at 73,142.80, a decrease of 0.02%. The Nifty, after reaching a new all-time high of 22,297.50, ended the day flat, managing to hold above the 22,200 level. Market volatility, measured by India VIX, decreased by …
About Acquisition Vikas Ecotech Limited has successfully acquired a 100% stake in Vikas Organics Pvt Ltd, a manufacturer of polymeric plasticizers, for Rs 270 million completing the payment of the total sale consideration of Rs 320 million marking a significant expansion in their product portfolio and market reach. This strategic move strengthens its position as …
