The trading session concluded with both the Sensex and Nifty experiencing declines of 0.59% and 0.51%, respectively. In a different turn of events, Nifty Midcap achieved a modest gain of 0.25%, while Nifty Smallcap slightly edged upwards by 0.14%. Nifty PSU Bank and Nifty Realty emerged as the sectors exhibiting the strongest performance, displaying notable …
Have you ever thought about how it feels to run a business and keep losing money every quarter? It can be really discouraging. But then, imagine while you’re getting ready to check your finances for the quarter, you find out that your business has started making a profit. How would that make you feel? I …
The benchmark index S&P BSE 500 opened today at 26,730.34 and made its day high at 26,768.94 and it is trading in red, down by around 0.16% From the same space, these are the top 3 companies that outperformed the benchmark index and were up by more than 5% today. …
In an effort to rank among the top cement manufacturers in the world, UltraTech Cement is aiming for a production capacity of 200 million tons per annum (MTPA). With the addition of 22.6 MTPA capacity, the company has already started working on the subsequent expansion phase. When it is finished, UltraTech will have a capacity …
Rama Steel Tubes, an iron and steel products manufacturer, has reported a strong set of financial results for the first quarter of fiscal year 2024 (Q1 FY24). The company’s revenue grew by 30% year-on-year (YoY) to Rs 312.52 crore, while its net profit jumped by 76% to Rs 7.46 crore. The company’s EBITDA (earnings before …
On Thursday, the benchmark indices were trading red with Sensex down around 243 points or 0.38% at 65,298 and the Nifty-50 down around 73 points or 0.37% at 19,392. About 1,985 shares have advanced, 1,269 declined, and 144 are unchanged on the BSE. Top gainers and losers on BSE Sensex Index are as follows: The …
Wednesday’s deals, began with benchmark indices Sensex and Nifty, facing early losses, dropping by 0.21% and 0.31%, respectively. However, they concluded with slight gains, rising 0.21% and 0.16%, respectively. In contrast, to the dampened market sentiments, the shares of Dhabriya Polywood Limited touched the upper circuit at Rs 286.50 apiece on BSE. The company’s current …
The PM e-Bus Seva Scheme has received approval from the Union Cabinet, as announced by Anurag Thakur, the Minister of Information and Broadcasting, during a press briefing on August 16. A significant budget of Rs 57,613 crore has been allocated for the implementation of this scheme. Out of this allocated amount, the central government will …
Tata Motors is a prominent automobile maker in India, with a strong presence and an extensive history in the automotive market. Its name is widely recognized and familiar to most people. Tata Motors has a commendable ethical record and has been operating in India for a significant period. It is rare to find a road …
Indian benchmark indices recovered from the session’s early losses and managed to move higher thanks to sizeable gains in the information technology, utilities, real estate and auto sectors. BSE Telecommunication and BSE Metals, on the other hand, were the hardest hit sectors of the session, down around 1% each. While the BSE Smallcap index outperformed …
