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Tata Motors Bags Order For 50 Magna Buses From Vijayanand Travels

Tata Motors Bags Order For 50 Magna Buses From Vijayanand Travels

23 May 2023

On Tuesday, the shares of Tata Motors closed at Rs 528.50, 1.18% up from its previous closing of Rs 522.35 on the BSE.   Tata Motors has bagged a prestigious order for 50 Magna 13.5-metre buses from Vijayanand Travels. The state-of-the-art Magna buses, known for their superior design and advanced features, will be delivered to Vijayanand …

Disinvestment hopes fuels PSBs rally to new highs

Disinvestment hopes fuels PSBs rally to new highs

14 May 2021

The declaration by Finance Minister Nirmala Sitharaman in her budget speech signalling her intent to privatise two public sector banks has kickstarted an upward run in the shares of several lenders. Bank stocks like the State Bank of India, Canara Bank, PNB and Bank of Baroda have attracted a lot of trading interest in the …

Top Valued Companies Add to their M-Cap Haul

Top Valued Companies Add to their M-Cap Haul

24 August 2021

A Brief Overview For those who are unaware, market capitalization or m-cap is a vital instrument via which you can gauge the performance of a company. It refers to the aggregate valuation of a given company which is assessed keeping in mind its prevailing share price along with the number of outstanding stocks in their entirety. …

Zomato Stock Slumped 9% as Lock-In for Anchor Investors Ends

Zomato Stock Slumped 9% as Lock-In for Anchor Investors Ends

25 August 2021

Famous food tech giant Zomato’s shares slumped by 9% on the BSE on Monday, 23 August 2021. This followed after the end of mandatory lock-in period of 30 days set for the anchor investors. Shares of the online food delivery company plummeted over 3% to reach Rs. 123 per share on the BSE in Tuesday’s …

Zomato Heads For A D-street Debut; Check Out The Important Facts

Zomato Heads For A D-street Debut; Check Out The Important Facts

29 April 2021

India’s startup unicorn Zomato filed a draft with SEBI for India’s largest IPO so far worth USD 1.1 billion (Rs 8,250 crore), ushering a new age into India’s market. According to reports, the company will issue fresh shares worth Rs 7500 crores when its major stakeholder Edge India offloads stakes of Rs 750 crore. The …

Omicron Fears: Indian Stock Market tumbles, Asian peers in red

Omicron Fears: Indian Stock Market tumbles, Asian peers in red

17 December 2021

Indian stocks trade under pressure at the stock witness sell-off right after a gap up opening on Friday, the 17th December 2021. The alerted investors seem to be booking their profits in the long rally after the rise in Omicron cases are being reported. All Asian shares trade under pressure. The flagship index of the National Stock …

ABB India Rises on Expanding Production Footprint with New line for Variable Speed Drive!

ABB India Rises on Expanding Production Footprint with New line for Variable Speed Drive!

12 May 2023

ABB India has expanded its production footprint with a new line for variable speed drive modules at the Peenya factory in Bengaluru. The new line will produce drives ranging from 75 kW to up to 250 kW and will cater to all major industrial segments. ABB’s variable speed drives are used to control the speed …

Polycab India Q4 Results: Profits Increase by 5%

Polycab India Q4 Results: Profits Increase by 5%

12 May 2023

On Friday, shares of Polycab India surged more than 5% to record a new 52-week high of Rs 3399 apiece on BSE. The scrip witnessed massive spurt in volume by more than 3.05 times.   In Q4 FY23, the company’s revenue amounted to Rs 432.37 crore, showing a YoY increase of 9%. The EBITDA for Q4 …

Smallcap EV Firm Returned 124% In 5 Months, Stock Price Recorded New High!

Smallcap EV Firm Returned 124% In 5 Months, Stock Price Recorded New High!

12 May 2023

Indian benchmark indices have recovered smartly from the lower levels with Nifty trading above 18,300 mark. Amidst recovery from the lower levels, there are some stocks which have hit fresh record high on the bourses and one such stock is Mold-Tek Technologies Ltd.   Mold-Tek Technologies is engaged in providing Civil & Mechanical Engineering Services. The …

Eimco Elecon India Stock: Multiyear Breakout Potential; Worth Considering?”

Eimco Elecon India Stock: Multiyear Breakout Potential; Worth Considering?”

12 May 2023

Indices witnessed selling pressure from Thursday’s high and today also they are trading with volatile moves. Somehow, they recovered more than 80 points sharply from day’s low. The Capital Goods sector outperformed the benchmark index and one stock from the same sector is now near to its multi year technical breakout level.   The stock is …

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