Miniratna Companies in India represent a distinct category of public sector enterprises, distinguished by a level of autonomy in their operations and decision-making. These companies are categorized according to their financial performance and are granted a higher degree of flexibility and independence in comparison to other public sector units. CPSEs are divided into several categories, …
Maggie manufacturer Nestle India Ltd reported its quarter 2 results, along with the announcement of an interim dividend distribution and a stock split in a ratio of 1:10. The FMCG firm reported an 8% increase in revenue quarter on quarter and a 9% increase year on year. Net profit rose by 30% quarter on quarter …
The Sensex and Nifty are both on an upward trajectory, marking surges of 1.20% and 1.1%, respectively. In parallel, the Nifty Midcap and Nifty Smallcap segments are also exhibiting higher momentum, with a gain of 1.18% and 2.28%, respectively. Examining the constituents of the Nifty 50 index, notable gainers include Adani Enterprises, Coal India and …
BSE Sensex closed down for a 6th straight day, marking its longest losing streak in 7 months. The stock market experienced a widespread decline today, with every sector taking a hit. Notably, metals, autos, and non-banking financial companies (NBFCs) all witnessed significant drops of -1.6% each. It was a challenging day for investors. However, amid …
Asian Paints is losing its shine, with its stock trading 17% below its all-time high. The chemical industry giant, which manufactures and markets paint and coating products, has seen a decline in share performance since reporting its Q2 FY24 results. Here’s an update on its recent financial performance and outlook: Latest Update on Q2 FY24 …
The benchmark index S&P BSE 500 opened today at 26,377.91 and made its day high at 26,583.07 and it is trading in green today, up by more than 1.30% From the same space, these are the top 3 companies that outperformed the benchmark index and were up by more than …
On Friday, the benchmark indices were trading higher with the Sensex up around 590 points or 0.93% at 63,740 and the Nifty-50 up around 172 points or 0.92% at 19,093. About 2,804 shares have advanced, 627 declined, and 150 are unchanged on the BSE. Top gainers and losers on the BSE Sensex index are as …
Today, the broader indices, NSE Nifty50, and BSE Sensex, ended the day in the red. The Nifty50 index opened the day at 19,027, which was 95 points lower than the previous day’s closing level of 19,122. During the intraday session, it reached an intraday high of 19,042 and a low of 18,838, ultimately concluding the …
The Bombay Stock Exchange (BSE), an institution with a rich history as the oldest stock exchange in Asia, has recently achieved a feat that has garnered global attention. Surpassing all other global equity exchanges, BSE has emerged as the world’s most valuable stock. This astonishing achievement can be attributed to a significant surge in BSE’s …
On October 26, 2023, Venus Remedies announced a significant achievement – the granting of market authorization in the United Kingdom for Bleomycin 15,000 IU Powder for Solution for Injection/Infusion by its German subsidiary, Venus Pharma GmbH. This remarkable milestone not only expands the pharmaceutical giant’s global presence but also underscores its commitment to advancing cancer …
