Tata Power Company’s subsidiary — Tata Power Renewable Energy (TPREL) through its subsidiary TP Alpha (Special Purpose Vehicle) signed a Power Delivery agreement (PDA) with Sanyo Special Steel Manufacturing India (SSMI) for a Captive Solar Plant having capacity of 28.125 MW which is located in Aachegaon, Dist- Solapur, Maharashtra. The solar plant is projected to …
Amidst higher volatility, the Indian frontline indices were experiencing fluctuations, oscillating between modest gains and losses. Notable uptrends were observed in the information technology and consumer durables sectors, contributing to significant gains. Conversely, utilities, power, and oil & gas sectors faced substantial declines. At 10:40 am, the BSE Sensex edged down by 0.07%, reaching a …
Bonus shares are additional shares that are issued to existing shareholders of a company without any additional cost. They are a way for companies to distribute their accumulated earnings to shareholders without actually paying out cash. For example, let’s say XYZ company has 100 million shares outstanding, and it declares a 1:1 bonus share issue. …
A dividend is an amount that a company distributes out of its profits among its investors as a reward for being a shareholder. Dividends act as incentives to investors to invest their money the company’s stock. Dividend distribution has a two-fold impact. On one hand, it helps increase the stock price in the short run …
As the trading session concluded today, both the Sensex and Nifty demonstrated a minor upward shift of 0.02% each, suggesting a modest rise. In this optimistic market sentiment, the shares of Titagarh Rail Systems Limited zoomed by 1.73%. The company’s current market capitalisation is Rs 9,455.17 crore. From a technical perspective, as of August 30, …
In the closing of today’s trading session, both the Sensex and Nifty exhibited slight upward movements of 0.018% and 0.025%, respectively, indicating a marginal increase. Meanwhile, the Nifty Midcap showcased a more robust performance, closing higher by 0.73%, while the Nifty Smallcap displayed a noteworthy increase of 1.03%. Among the gainers, Nifty Realty, Nifty Metal, …
If you are active in the stock market, we are sure that you have heard about the Murugappa Group. Established in 1900, the Murugappa Group headquarters situated in Chennai, with a valuation of Rs 547 billion (or Rs 54,722 crore), stands as a prominent Indian business conglomerate. The group encompasses 29 diverse businesses, ten of …
The benchmark index S&P BSE 500 opened today at 26,953.67 and made its day high at 27,033.75 and it is trading in green, up by more than 0.50% From the same space, these are the top 3 companies that outperformed the benchmark index and were up by more than 5% …
Oil and Natural Gas Corporation (ONGC) is planning to invest about Rs 2 lakh crore to achieve zero carbon emissions by 2038. The company will invest Rs 1 lakh crore by 2030 in setting up 10 gigawatts of renewable energy capacity, a green ammonia plant, and offshore wind energy projects. The remaining would flow thereafter …
Recently Gulf Oil Lubricants India Limited has reported in an exchange filing that the company has taken a significant step in strengthening its presence in the Electric Vehicle (EV) sector by acquiring a controlling stake of 51% in Tirex Transmission Pvt Limited. This strategic move is in line with Gulf’s global mobility strategy and its …
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