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Best Hydrogen Stocks in India

Best Hydrogen Stocks in India

2 August 2023

Amid the rising awareness of climate change, hydrogen has emerged as a game changer in providing clean and green energy. Touted as the best solution for the clean energy transition, it has received significant attention worldwide, including in India. With the country’s growing focus on decarbonisation, hydrogen stocks have emerged as an intriguing investment opportunity. …

Best Footwear Stocks In India

Best Footwear Stocks In India

2 August 2023

The Indian footwear industry has witnessed significant growth in recent years powered by growing household income, rising consumer spending, and changing fashion trends. Investors seeking to capitalise on the changing market dynamics may find exciting investment opportunities in Indian footwear companies. This article delves into the Indian market and examines the top footwear stocks in …

Upper Circuit Stocks Today – Stocks Locked in Upper Circuit on 2 August 2023

Upper Circuit Stocks Today – Stocks Locked in Upper Circuit on 2 August 2023

2 August 2023

On Wednesday, the benchmark indices were trading lower with Sensex down around 424 points or 0.63% at 66,036 and the Nifty-50 down around 126 points or 0.65% at 19,607. About 1,801 shares have advanced, 1,404 declined, and 175 are unchanged on the BSE. Top gainers and losers On BSE Sensex Index are as follows: The …

Maruti Suzuki India Shares Rise on Marginal July 2023 Sales Increase

Maruti Suzuki India Shares Rise on Marginal July 2023 Sales Increase

2 August 2023

Maruti Suzuki India reported a 3% increase in total sales to 181,630 units in July 2023. The company’s utility vehicles range, such as the Brezza and S-Cross, drove the growth. In the same month last year, the company had dispatched 175,916 units to its dealers.  Domestic passenger vehicle sales increased by 6% to 152,126 units …

Nifty IT outperforms all the sectoral indices today, 1 August 2023

Nifty IT outperforms all the sectoral indices today, 1 August 2023

1 August 2023

Today, the broader indices NSE Nifty50 and S&P BSE Sensex faced some hurdles, concluding the session in the red. Checking Nifty50, it opened at 19,784, almost flat from the previous day’s closing level of 19,953.80. The index hit intraday highs and lows of 19,995.60 and 19,704.60, respectively, finally concluding the day at 19,733.55 down by …

800% Dividend: Shares of CRISIL Ltd will trade ex-dividend tomorrow; do you own it?

800% Dividend: Shares of CRISIL Ltd will trade ex-dividend tomorrow; do you own it?

1 August 2023

While Indian benchmark indices fluctuated between gains and losses during the session due to considerable losses in numerous sectors, investor optimism was observed in the information technology and metal sectors. Shares of CRISIL Ltd were in the spotlight despite trading lower as they will trade ex-dividend tomorrow, August 02, 2023. CRISIL is one of the …

Samvardhana Motherson International acquires 100% stake in Rollon Hydraulics

Samvardhana Motherson International acquires 100% stake in Rollon Hydraulics

1 August 2023

At 2 pm, the shares of Samvardhana Motherson International were trading at Rs 99.46, up by 1.12% from its previous closing of Rs 98.36 on the BSE.  Samvardhana Motherson International (SAMIL) has completed acquisition of 100% stake in Rollon Hydraulics. Rollon is engaged in manufacturing, assembly and supply of high precision turned parts, spools, and …

D-Link zooms today by 7% after reporting 29% rise in Q1 consolidated net profit

D-Link zooms today by 7% after reporting 29% rise in Q1 consolidated net profit

1 August 2023

 D-Link (India) today closed at Rs 320.75, up by 7.13%. On July 29, 2023 the company declared its results. Talking about results for the first quarter ended June 30, 2023 or Q1FY24, the company’s net profit increased by 32.74% to Rs 20.72 crore from Rs 15.61 crore in the corresponding quarter last year. In Q1FY24, …

Penny stocks to watch out for tomorrow, August 2, 2023

Penny stocks to watch out for tomorrow, August 2, 2023

1 August 2023

The Sensex and Nifty both concluded the session with a marginal decline of 0.1% each. On the positive side, Nifty Midcap and Nifty Smallcap exhibited gains of 0.03% and 0.68% respectively.  Notably, Nifty IT, Nifty Metal, and Nifty Pharma emerged as the top gainers, whereas Nifty Realty, Nifty PSU Bank, and Nifty FMCG faced losses. …

Maruti Suzuki Q1 Results: Net profit jumps 145% to ₹2,485 crore

Maruti Suzuki Q1 Results: Net profit jumps 145% to ₹2,485 crore

1 August 2023

Maruti Suzuki, the prominent automaker in India, reported its Q1 FY24 earnings after the market closed on the last day of July 2023, that is, July 31.  The company reported a standalone net profit of Rs 2,485 crore in the quarter ended June 2023. This represents a significant jump in net profit of 145% compared …

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