Derivatives are financial instruments whose value is derived from an underlying asset, which could be a stock, an index, an interest rate, or a currency. In India’s stock exchange segment, there are two primary markets: the cash market, where shares are bought and sold at their current market prices, and the F&O (Futures and Options) …
In a world where numbers tell the story of success, Nestle India just penned a remarkable chapter. Picture this: crossing the Rs 5,000 crore milestone in quarterly turnover, a first in the company’s history. But what truly makes this story captivating is the plot beneath the numbers—a tale of innovation and sustainability that’s rewriting the …
The Sensex and Nifty are both on a downward trajectory, marking plunge of 0.13% and 0.08%, respectively. In parallel, the Nifty Midcap and Nifty Smallcap segments are also exhibiting mixed momentum, with a plunge of 0.05% and up 0.21%, respectively. Examining the constituents of the Nifty 50 index, notable gainers include LTI Mindtree, Bajaj Auto …
Tips Industries Limited has churned multibagger returns to its shareholders in just one year. During this period, the company’s share price jumped from Rs 158.47 on October 19, 2022, to Rs 373.40 on October 19, 2023, an increase of more than 110%. An investment of Rs 1 lakh in the shares of this company one …
ITC has entered into definitive agreements to acquire a further 2,286 equity shares of Rs 10 each of Delectable Technologies (Delectable), an associate company, subject to completion of agreed conditions precedent. The said shares, once acquired, will take the Company’s shareholding in Delectable from 33.42% to 39.32% (on a fully diluted basis). The said acquisition …
Tesla, an American electric vehicle (EV) and clean energy company reported its quarterly earnings on October 18 during the market hour. In the third quarter of FY23, the company’s total revenue grew by 9% year-over-year (YoY), from USD 21.45 billion to USD 23.35 billion. Breaking down the total revenue, the total automotive revenue for the …
The benchmark index S&P BSE 500 opened today at 27,357.21 and made its day high at 27,371.19 and it is trading in red today, down by around 0.40%. From the same space, these are the top 3 companies that outperformed the benchmark index and were up by more …
Today, shares of Baja Auto hit a 52-week high today amid strong financial results for the second quarter of FY24 and the amendment of the new dividend policy. On a consolidated basis, In Q2FY24 company recorded a robust financial performance with a 17.48% year-on-year increase in net profit reaching Rs 2,020.05 crore compared to Rs …
On Thursday, the benchmark indices were trading lower with the Sensex down around 376 points or 0.58% at 65,501 and the Nifty-50 down around 106 points or 0.55% at 19,565. About 1,514 shares have advanced, 1,868 declined, and 175 are unchanged on the BSE. Top gainers and losers on the BSE Sensex index are as …
In the world of investments, stories of meteoric rises and dramatic falls often capture the imagination of both seasoned and novice investors. One such story that has been making headlines in recent times is the incredible transformation of One97 Communications Limited, the company behind India’s leading payments and financial services brand, Paytm. From being labeled …
