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ONGC to invest about Rs 2 lakh crore to achieve zero carbon emissions by 2038

ONGC to invest about Rs 2 lakh crore to achieve zero carbon emissions by 2038

30 August 2023

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 …

Gulf Oil Lubricants jumps on 51% stake in Tirex Transmission

Gulf Oil Lubricants jumps on 51% stake in Tirex Transmission

30 August 2023

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 …

HCL Tech signs professional services deal with Cloud Software Group

HCL Tech signs professional services deal with Cloud Software Group

30 August 2023

HCL Technologies has signed an exclusive preferred professional services agreement with Cloud Software Group, to help implement, upgrade, modernize and provide services for all TIBCO products for enterprise customers across the globe. This partnership will help drive better value for end customers leveraging TIBCO products to further accelerate their data-driven digital transformation. Cloud Software Group …

Dark Horse Stocks of the Day : India Pesticides Ltd surges 32% in 2 days

Dark Horse Stocks of the Day : India Pesticides Ltd surges 32% in 2 days

30 August 2023

The shares of India Pesticides Limited (IPL) witnessed a significant surge today. The stock commenced trading at Rs 255, compared to the previous day’s closing price of Rs 256. During the intraday session, the stock exhibited a remarkable 12% surge accompanied by a significant trading volume. India Pesticides Limited has been a globally operating agrochemical …

Upper Circuit Stocks Today – Stocks Locked in Upper Circuit on 30 August, 2023

Upper Circuit Stocks Today – Stocks Locked in Upper Circuit on 30 August, 2023

30 August 2023

On Wednesday, the benchmark indices were trading higher with the Sensex up around 336 points or 0.52% at 65,412 and the Nifty-50 up around 93 points or 0.48% at 19,435. About 2,356 shares have advanced, 968 declined, and 167 are unchanged on the BSE. Top gainers and losers On the BSE Sensex Index are as …

Government’s Rs 200 LPG Cylinder Price Cut: Impact on Oil Marketing & Gas Distribution Firms

Government’s Rs 200 LPG Cylinder Price Cut: Impact on Oil Marketing & Gas Distribution Firms

30 August 2023

On Tuesday, August 28, the Indian government reduced the cost of a 14 kg LPG cylinder by a minimum of Rs 200. This step is intended to alleviate the impact of increasing living expenses caused by inflation, as a precursor to significant elections in various states and the Lok Sabha (the lower house of India’s …

Shares of Lupin rise on launch of Propranolol LA capsules

Shares of Lupin rise on launch of Propranolol LA capsules

30 August 2023

Lupin Pharma Canada, a fully owned subsidiary of Lupin, has released Propranolol LA (long-acting) capsules in 60 mg, 80 mg, 120 mg, and 160 mg doses in Canada. Propranolol LA is the generic version of Inderal LA, and it has been a successful therapy option for patients and healthcare practitioners since the discontinuance of Inderal …

Gokaldas Exports Sustains Rally After Acquisition News, Achieves New 52-Week High

Gokaldas Exports Sustains Rally After Acquisition News, Achieves New 52-Week High

30 August 2023

Indian frontline indices started the trading session with significant gains. Jio Financial Services took the lead, driving this surge, as shares of non-banking financial company (NBFC) hit the 5% upper circuit during the initial trades of the session. Telecommunications, auto, metals and real estate sectors all recorded substantial gains.  The broader indices continued their trend …

Multibagger infrastructure stock under Rs 50 secures an order worth Rs 24.76 crore; do you have it?

Multibagger infrastructure stock under Rs 50 secures an order worth Rs 24.76 crore; do you have it?

29 August 2023

As Tuesday’s deals concluded on a positive note, both the Sensex and Nifty saw increases of 0.12% and 0.19%, respectively. In this optimistic market sentiment, the shares of Brahmaputra Infrastructure Limited soared 3.43%. The company’s current market capitalisation is Rs 132.03 crore. From a technical perspective, as of August 29, 2023, the stock’s 200-day moving …

Penny Stocks To Watch Out For Tomorrow – 30th August 2023

Penny Stocks To Watch Out For Tomorrow – 30th August 2023

29 August 2023

In a notable market development, the Sensex and Nifty conclude with gains of 0.12% and 0.19%, respectively, painting a positive picture for the trading day. The closing bell also brought positive news for Nifty Midcap, which registered a 0.34% increase, and Nifty Smallcap, demonstrating a more substantial rise of 0.54%. Among the sectors, Nifty Realty, …

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