In the world of industrial innovation, few names shine as brightly as Welspun Corp Ltd. Established in 1995, this company has become the flag bearer of the illustrious Welspun Group. With a diversified portfolio that spans across line pipes, home textiles, steel, infrastructure, and energy, Welspun Corp Ltd is more than just a corporation – …
Wipro, the fourth-largest IT company by market capitalisation, following TCS, Infosys, and HCL Technologies, announced its results for the September quarter today. According to the details, the company’s revenue from operations showed minimal change, decreasing by 0.11% from Rs 22,539 crore to Rs 22,515 crore in Q2 FY24. The company’s gross profit increased to Rs …
Geopolitical tensions in the Middle East, stemming from the ongoing conflict between Israel and Hamas, have unnerved Indian markets. Investors have adopted a risk-averse approach, resulting in a sell-off of stocks. The market is particularly concerned about the surging crude oil prices, as they could potentially impact inflation and lead to higher interest rates in …
Shares in mining companies have surged following the Indian government’s approval of royalty rates for strategic minerals such as lithium, niobium, and rare-earth elements. This significant decision paved the way for the government to auction mining blocks for these valuable resources for the first time in India. Notably, a 3% fixed royalty rate for lithium …
Wednesday concluded on a muted note, with both the Sensex and Nifty falling by 0.83% and 0.71%, respectively. It was undoubtedly a challenging day for the markets. In contrast, to dampen market sentiment, the shares of Sprayking Agro Equipment Limited zoomed 2.02%. The company’s current market capitalisation is Rs 213.47 crore. Established in 1980, Sprayking …
In today’s trading session, the Nifty 50 index grappled with bearish sentiments, culminating in a substantial decline. Commencing at 19,820.45, it concluded the day at 19,671.1, marking a descent of 140 points or 0.71% from the previous day’s closure. The trading day witnessed a high of 19,840.95 and a low of 19,659.95, underlining the market’s …
Indo National Limited, a prominent dry cell manufacturer in India, has announced today that its subsidiary, Kineco Kaman Composites India Private Limited, has secured a substantial contract worth Rs 100 Crores (approximately USD 12.39 million) from BAE Systems. According to the press release, the contract pertains to the manufacturing and export of fully assembled Mission …
Indian headline indices faced a challenging start to the trading session as they grappled with significant declines in power, financial services, and banking stocks. However, despite a weak market sentiment, the healthcare, auto, and information technology sectors exhibited considerable resilience. 3i Infotech Ltd, a small-cap software and consulting company, made headlines today by revealing its …
The Sensex and Nifty are both on a downward trajectory, marking a plunge of 0.72% and 0.62%, respectively. In parallel, the Nifty Midcap and Nifty Smallcap segments are also exhibiting negative momentum, with a plunge of 1.11% and 0.03%, respectively. Examining the constituents of the Nifty 50 index, notable gainers include Dr Reddy, Cipla and …
This extraordinary journey, announced in November 2022, offers Swifties a unique expedition through every pivotal ‘era’ of Taylor Swift’s illustrious career. It has ignited a whirlwind of anticipation and enthusiasm, with fans eagerly opening their wallets not just for concert tickets, but also for exclusive merchandise and sentimental keepsakes like friendship bracelets. Taylor Swift’s Eras …
