At 1:45 PM, Tata Steel shares were trading at Rs 129.55, marking a 2.05% increase from its previous closing price of Rs 126.75 on the BSE. Tata Steel has entered into an agreement with Indian Oil Corporation and its business associates to further reduce the carbon footprint at its Ferro Alloys plant. This agreement encompasses …
The Sensex and Nifty indices are currently experiencing a notable uptrend, with gains of 0.88% and 0.97%, respectively. This bullish momentum is not limited to the primary indices, as the Nifty Midcap shows substantial growth of 1.32%, and the Nifty Smallcap follows closely with a noteworthy increase of 1.2%. In terms of sectors, Nifty Pharma, …
Sterling and Wilson Solar Ltd (SWREL) is a prominent global provider of end-to-end solar engineering, procurement, and construction (EPC) solutions, as well as the operation and maintenance (O&M) of solar power projects. The company benefits from strong backing by Reliance Industries. SWREL became part of the RIL group through Reliance New Energy, which holds a …
Eris Lifesciences Ltd is a prominent player in the pharmaceutical industry, specializing in the manufacturing and marketing of pharmaceutical products. Founded by Amit Indubhushan Bakshi on January 25, 2007, this company is headquartered in Ahmedabad, India. With a portfolio that includes well-known brands like Eritel, Glimsave, Renerve, Tendia, Olmin, Rabonik, Tayo, Cyblex, Remylin, Zomelis, Crevast, …
Navin Fluorine International Limited, a prominent player in the Indian chemical space, is engaged in the production of refrigeration gases, inorganic fluorides, and specialty organofluorines, and offers contract research and manufacturing services. Shares fell by over 14% today. The stock opened the day at Rs 4,030 per share, representing a 7.6% decrease from the previous …
Uno Minda Limited, a leading global manufacturer of automotive solutions, has announced that it will increase its stake in Minda Westport Technologies Limited (MWTL) from 50% to 76% by acquiring an additional 26% stake from Westport Fuel Systems Italia S.R.L. The purchase consideration is approximately Rs 14.81 crore. The acquisition is expected to be completed …
Godrej Properties Limited (GPL) functions as the real estate development division of the illustrious Godrej Group, a conglomerate that commenced its journey in 1897 and has evolved into one of India’s most accomplished and thriving conglomerates. Godrej Properties effectively translates the core principles of innovation, sustainability, and excellence, which are intrinsic to the Godrej Group’s …
On Friday, the benchmark indices showed gains, with the Sensex up approximately 149 points or 0.23% at 65,658, and the Nifty-50 up around 57 points or 0.29% at 19,580. On the BSE, 2,082 shares advanced, 1,146 declined, and 1 remained unchanged. Top Gainers and Losers on BSE Sensex Index: The top Sensex gainers included NTPC …
Nifty lost all of its previous day’s gains and broke below the 21-day EMA (exponential moving average at 19,723) as well as the 50-day EMA (19,559) as bears gained strength, forming a sizable bearish pattern on the daily chart with above-average volumes. This indicates that negative sentiment may prevail in the coming days. Nifty opened …
Nifty View: The Nifty has formed a substantial bearish candle and an outside bar. After three days of consolidation, Thursday’s move has signaled a fresh breakdown. The Nifty opened near the 20 DMA and closed at the previous day’s low. It has formed one of the most bearish candles in recent times, declining by 3.60% …
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