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DCB Bank jumps on entering into partnership with Max Life Insurance Company

DCB Bank jumps on entering into partnership with Max Life Insurance Company

11 July 2023

At 2:30 pm, the shares of DCB Bank were trading at Rs 127.60, up by 2.00% from its previous closing of Rs 125.10 on the BSE.  DCB Bank has entered into partnership with Max Life Insurance Company. Through this collaboration, Max Life and DCB Bank will provide a variety of life insurance products to the …

Penny Stocks to Watch Out for Tomorrow, July 12, 2023

Penny Stocks to Watch Out for Tomorrow, July 12, 2023

11 July 2023

The Sensex and Nifty concluded the session with a 0.43% gain each, signalling a positive market trend. Nifty Midcap and Nifty Smallcap recorded gains of 0.88% and 1.26% respectively. Eicher Motors, Sun Pharma, and Apollo Hospitals emerged as the top gainers, while UPL, Bajaj Finance, and JSW Steel faced losses within the Nifty 50 index.   …

Cyient DLM continues its upward surge; jumps 25% since listing!

Cyient DLM continues its upward surge; jumps 25% since listing!

11 July 2023

Cyient DLM, established in June 1993, is a trusted partner and supplier of electronic and mechanical manufacturing systems to major players across various industries. They offer Design Led Manufacturing (DLM) solutions, taking responsibility for design, manufacturing, testing, and certification support. Their focus is on ensuring that customers’ products meet rigorous standards in terms of reliability, …

Sanghvi Movers wins Rs 150 cr order in renewables Energy Sector

Sanghvi Movers wins Rs 150 cr order in renewables Energy Sector

11 July 2023

Sanghvi Movers Ltd, a crane rental firm, has received work orders worth Rs 150 crore from prominent Independent Power Producers (IPPs) in the renewable energy industry. The firm will provide crane rental services as well as related services such as WTG surface logistics, inter-carting, WTG installation and pre-commissioning, wind farm development, and storage yard. Crane …

PE Ratio – A Detailed Comparison of Low PE Vs High PE Stocks

PE Ratio – A Detailed Comparison of Low PE Vs High PE Stocks

11 July 2023

The price-to-earnings ratio is a commonly used metric by investors and analysts to assess the valuation of stocks. It helps determine if a company’s stock price is either overvalued or undervalued and provides insights into how the stock’s valuation compares to its industry or benchmarks. The P/E ratio is a useful tool for investors to …

IFGL Refractories jumps 10%; here’s why!

IFGL Refractories jumps 10%; here’s why!

11 July 2023

The bulls on the D-Street were charging with unyielding vigour, propelling both key benchmark indices to new heights. With the Nifty soaring above the 19,500 mark and the Sensex breaching the 65,800 mark, the market was abuzz with excitement. The enthusiasm extended beyond the major indices, as all sectoral indices experienced a surge, led by …

Upper Circuit Stocks Today – Stocks Locked in Upper Circuit on 11 July

Upper Circuit Stocks Today – Stocks Locked in Upper Circuit on 11 July

11 July 2023

On Tuesday, the benchmark indices were trading higher with Sensex up around 385 points or 0.59% at 65,564 and the Nifty-50 up around 120 points or 0.62% at 19,475. About 2.039 shares have advanced, 942 declined, and 138 are unchanged on the BSE. Top gainers and losers on BSE Sensex Index are as follows: The …

Foxconn withdraws from USD 19.5 billion joint venture with Vedanta

Foxconn withdraws from USD 19.5 billion joint venture with Vedanta

11 July 2023

On July 10 Foxconn, the prominent Taiwanese electronics manufacturing company, announced its decision to withdraw from a joint-venture project with Vedanta, a company involved in semiconductor manufacturing.  India’s Vedanta Shares fell over 2% today, that is the day after Taiwan’s Foxconn said it withdrew from a USD 19.5 billion semiconductor joint venture with the metals-to-oil …

HDFC and HDFC Bank Merge: A Strategic Shift Holding Promise for the Future

HDFC and HDFC Bank Merge: A Strategic Shift Holding Promise for the Future

10 July 2023

The Indian financial sector is abuzz since two titans, HDFC Ltd and HDFC Bank, announce their merger. It signalled a significant shift in the country’s banking landscape. The merger promises to create an even more formidable banking and financial services entity. It takes advantage of regulatory changes and strategic advantages to foster growth. As of …

Breezy and Powerful: Shares of Inox Wind climbed around 16% to a new 52-week high!

Breezy and Powerful: Shares of Inox Wind climbed around 16% to a new 52-week high!

10 July 2023

The Indian benchmark indices ended the highly volatile session slightly higher. The BSE Sensex edged up by 0.10% to 65,344 level at the close. The Nifty 50 index rose 0.12% to a level of 19,355. While the majority of sectoral indices closed the session in the red, the BSE Metals, BSE Consumer Durables and BSE …

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