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Signpost India and Bharat Petroleum Partner for Innovative Non-Fuel Revenue Generation

Signpost India and Bharat Petroleum Partner for Innovative Non-Fuel Revenue Generation

3 June 2024

Signpost India Ltd., a leading out-of-home advertising company, and Bharat Petroleum Corporation Ltd. (BPCL), a premier Indian oil marketing company, announced a strategic collaboration to generate additional non-fuel revenue for BPCL. This partnership leverages Signpost India’s extensive network and innovative cloud-based platform to create a win-win situation for both companies. Expanding Reach and Revenue Streams …

Endurance Group Expands European Footprint with Strategic Acquisition of Ingenia Automation

Endurance Group Expands European Footprint with Strategic Acquisition of Ingenia Automation

3 June 2024

Endurance Technologies Limited, a leading Indian automotive component manufacturer, announced a significant acquisition through its Italian subsidiary, Endurance Overseas Srl. Endurance has acquired a 100% stake in Ingenia Automation Srl (Ingenia), an Italian company specialising in industrial automation systems. Strengthening Automation Expertise The acquisition of Ingenia, headquartered in Turin, Italy, marks a strategic move for …

These 3 Stocks from BSE 500 Jumped Over 10% Today; Do You Own Any?

These 3 Stocks from BSE 500 Jumped Over 10% Today; Do You Own Any?

3 June 2024

The benchmark index S&P BSE 500 opened today at 34,568.16 and made its day high at 34,634.55, and it is trading in green today, up by more than 2.5%. From the same space, these are the top 3 companies that outperformed the benchmark index and were up by more than 10% today. Adani Power Ltd …

Puravankara Strengthens Mumbai Presence with Strategic Land Acquisition in Thane

Puravankara Strengthens Mumbai Presence with Strategic Land Acquisition in Thane

3 June 2024

Puravankara Limited, a leading name in Indian real estate, has announced a significant expansion in Mumbai through its subsidiary, Purva Oak Private Limited. The company has acquired a prime land parcel of 12.75 acres in Patlipada, Thane, strategically located on Ghodbunder Road. Promising Development with High Growth Potential This strategic land acquisition boasts an estimated …

Check Out May 2024 Auto Sales: Shares in Focus

Check Out May 2024 Auto Sales: Shares in Focus

3 June 2024

India happens to be the 3 largest automobile market in the world. From April 2022 to March 2023, the automobile industry produced a total of 25.93 million vehicles, which included passenger cars, commercial vehicles, tricycles, two-wheelers, and quadricycles. Given that it is the world’s largest tractor, 2nd largest bus, and 3rd largest heavy truck producer, …

Market Movers: Here Are Today’s High-Volume Buzzers!

Market Movers: Here Are Today’s High-Volume Buzzers!

3 June 2024

Indian benchmark indices kicked off the trading session with a bang, soaring to record highs with robust gains. The surge attracted global investors following exit polls predicting a historic third-term victory for the BJP. Most sectors demonstrated resilience, while the power, utilities, energy, and capital goods sectors reached new heights. At 11:00 am, the BSE …

India VIX Plummets by Over 20% Following Exit Poll Results

India VIX Plummets by Over 20% Following Exit Poll Results

3 June 2024

Market Surge Following Exit Polls On the heels of exit polls predicting a landslide victory for the NDA, the Indian stock markets opened at record highs. Both the Nifty 50 and Sensex surged nearly 3%, reaching record highs of 23,338.70 and 76,738.89, respectively. The market’s strong performance reflects investor optimism spurred by the anticipated political …

Record High for Nifty PSU Bank Index: SBI Approaching Milestone of 8 Lakh Crore Market-Cap

Record High for Nifty PSU Bank Index: SBI Approaching Milestone of 8 Lakh Crore Market-Cap

3 June 2024

Indian Market Soars on Exit Polls The Indian market is witnessing a significant surge on Monday following exit polls projecting that the NAD alliance could secure 350-370 seats, potentially facilitating the formation of a government for a third consecutive term. Market participants are buoyed by the prospect of a stable government at the center, anticipating …

Adani Ports Has Signed 30 Year Concession Agreement With Tanzania Ports

Adani Ports Has Signed 30 Year Concession Agreement With Tanzania Ports

3 June 2024

Adani Ports and Special Economic Zone Limited (APSEZ) is an Indian multinational port operator and logistics company, which is a part of Adani Group. APSEZ is India’s largest private port operator with a network of 12 ports and terminals, including India’s first port-based SEZ at Mundra and the first deep-water trans-shipment port at Thiruvananthapuram. Adani …

Upper Circuit Stocks Today – 03 June, 2024

Upper Circuit Stocks Today – 03 June, 2024

3 June 2024

On Monday, the benchmark indices were trading in the green with the Sensex up around 2,100 points or 2.86% at 76,100, while the Nifty-50 was up around 657 points or 2.92% at 23,188. About 2,802 shares have advanced; 842 declined and 163 are unchanged on the BSE. The BSE Sensex Index made an all-time high …

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