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ITI Limited: Unveiling a promising trajectory in the telecommunication equipment industry

ITI Limited: Unveiling a promising trajectory in the telecommunication equipment industry

9 August 2023

ITI Limited, a dynamic player in the telecommunications sector, is actively involved in the manufacturing, trading, and servicing of telecommunication equipment, along with providing related services. The company’s primary focus lies in delivering cutting-edge telephone communication services, contributing to a comprehensive spectrum of telecom solutions. Established in 1948 and headquartered in Bangalore, India, ITI Ltd. …

Upper Circuit Stocks Today – Stocks Locked in Upper Circuit on 9 August, 2023

Upper Circuit Stocks Today – Stocks Locked in Upper Circuit on 9 August, 2023

9 August 2023

On Wednesday, the benchmark indices were trading red with Sensex down around 371 points or 0.56% at 65,477 and the Nifty-50 down around 51 points or 0.51% at 19,470. About 1,815 shares have advanced, 1,402 declined, and 169 are unchanged on the BSE. Top gainers and losers on BSE Sensex Index are as follows: The …

These 3 stocks from BSE 500 jumped over 7% today, 9 August 2023

These 3 stocks from BSE 500 jumped over 7% today, 9 August 2023

9 August 2023

The benchmark index S&P BSE 500 opened today at 26,889.46 and made its day high at 26,987.79 and closed in green, up by around 0.30%               From the same space, these are the top 3 companies that outperformed the benchmark index and were up by more than 7% today.         Shares of Aditya Birla Fashion and Retail …

Ganesha Ecosphere empowers growth through subsidiary capacity expansion

Ganesha Ecosphere empowers growth through subsidiary capacity expansion

8 August 2023

In the morning trading session, the Sensex and Nifty remained relatively unchanged. However, by the end of the trading session, both the Sensex and Nifty experienced a slight decline, closing lower by 0.16% and 0.13% respectively in the Indian stock market. Today, the wholly-owned subsidiary of Ganesha Ecosphere Ltd has revealed its plans for expansion …

Emami Q1 results: Company reports 88% increase in Net Income

Emami Q1 results: Company reports 88% increase in Net Income

8 August 2023

Emami Ltd reported its unaudited financial results yesterday after the market close for the quarter that ended on June 30 2023, or Q1FY24. Today, the stock witnessed a spike in share price after the results.   On a standalone basis company has reported a 33.67% rise in its net profit at Rs 129.02 crore for the …

Adani Ports Q1 results: Net profit rises by 80% YoY to Rs 2119 crore, revenue up by 24%

Adani Ports Q1 results: Net profit rises by 80% YoY to Rs 2119 crore, revenue up by 24%

8 August 2023

Adani Ports & Special Economic Zone announces its June quarter report today, the company’s revenue from operation grew by 24%, climbing from Rs 5058 crore to Rs 6248 crore.   The operating profit also demonstrated strong advancement, reaching Rs 3754 crore, compared to Rs 3290 crore in the corresponding quarter of the previous year. This signifies …

Penny stocks to watch out for tomorrow, August 9, 2023

Penny stocks to watch out for tomorrow, August 9, 2023

8 August 2023

The trading session in the Indian stock market concluded with a marginal downturn, reflecting a decrease of 0.16% for the Sensex and 0.13% for the Nifty. However, in a contrasting display of resilience, Nifty Midcap and Nifty Smallcap indices exhibited strength, closing the day with gains of 0.23% and 0.27%, respectively.  Prominently, Nifty PSU Bank, …

These 3 stocks from BSE 500 jumped over 6% today, 8 August 2023

These 3 stocks from BSE 500 jumped over 6% today, 8 August 2023

8 August 2023

The benchmark index S&P BSE 500 opened today at 26,942.18 and made its day high at 26,956.17 and it is trading almost flat, up by around 0.02%.                     From the same space, these are the top 3 companies that outperformed the benchmark index and were up by more than 6% today.             Shares of Emami Limited were …

Central Bank of India Partners with Clix Capital Services; Stock Surges

Central Bank of India Partners with Clix Capital Services; Stock Surges

8 August 2023

At 2 pm, the shares of Central Bank Of India were trading at Rs 30.65, up by 2.51% from its previous closing of Rs 29.90 on the BSE.  Central Bank of India has entered into a strategic Co-Lending Partnership with Clix Capital Services (Formerly known as GE Money Financial Services) to offer MSME Loans at …

Maruti Suzuki to issue preferential shares to its parent company Suzuki Motors

Maruti Suzuki to issue preferential shares to its parent company Suzuki Motors

8 August 2023

Maruti Suzuki Limited announces an issue of preferential shares to its parent company Suzuki Motors Corporation (SMC) in its latest exchange filing today.  The company mentioned that the Board of Directors organized a meeting today and has granted approval for the issuance of equity shares by the Company. This issuance will occur through preferential allotment …

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