In August 2023, Coal India Limited (CIL) demonstrated a remarkable performance in both coal production and supply. The company produced a substantial 52.3 million tonnes (MTs) of coal, marking a robust 13.2% increase compared to August 2022, and reflecting a steady growth trajectory. This growth trend was consistent with CIL’s annual target of 11% growth, …
The cement industry plays a vital role in India’s infrastructure development and is a key driver of the country’s economic growth. Cement serves as the primary construction material for a wide range of projects, including residential and commercial buildings, as well as critical infrastructure like roads, bridges, and dams. Over the years, India’s cement sector …
At 3 pm, the shares of Infosys were trading at Rs 1461.65, up by 1.29% from its previous closing of Rs 1443.05 on the BSE. Infosys has completed the acquisition of Danske Bank’s IT centre in India. Danske Bank selected Infosys as a strategic partner to accelerate digital transformation initiatives with speed and scale and …
Sugar stocks have become sweeter today and have started rallying since the morning session. Whereas Raw sugar futures have reached their highest closing price in two months due to concerns over Indian exports. India, the second-biggest sugar shipper, is expected to curb supplies for the season starting in October. India ranks as the second-largest global …
Sumitomo Chemical India (SCIL) has executed definitive agreements for acquiring 85% equity shares and a controlling stake (on a fully diluted basis) in Barrix Agro Sciences, a Bengaluru-based company engaged in the business of developing and providing farmers pheromone traps and chromatic sheets. It is also engaged in the business of bio-products and micronutrients. The …
The Indian headline indices experienced a reversal of early-session gains, primarily driven by declines in the fast-moving consumer goods and banking sectors. However, amidst this weak market environment, BSE Metals stood out by demonstrating remarkable resilience, with an impressive surge of around 3%. Notably, the broader indices outperformed the main indices significantly. GMR Power and …
The shares of Veefin Solutions Limited witnessed a significant surge today. The stock commenced trading at Rs 276.10, up by 10% from the previous day’s closing price of Rs 251. As of writing this article, the shares of the company are trading at Rs 276.10 each on the BSE. Veefin Solutions Limited (Veefin) stands as …
On Monday, the benchmark indices were trading flat with the Sensex down around 50 points or 0.08% at 65,320 and the Nifty-50 up around 4 points or 0.02% at 19,439. About 2,306 shares have advanced, 1,158 declined, and 213 are unchanged on the BSE. Top gainers and losers on the BSE Sensex Index are as …
The benchmark index S&P BSE 500 opened today at 27,151.77 and made its day high at 27,215.14 and it is trading in green, up by more than 0.40%. From the same space, these are the top 3 companies that outperformed the benchmark index and were up by more than 7% …
Kotak Mahindra Bank in its latest exchange filing announced that Uday Kotak has stepped down as the Kotak Mahindra Bank Managing Director and Chief Executive Officer with effect from September 1. However, Uday will continue as a non-executive director of the bank as per the details mentioned in the report. The term for the same …
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