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Top 10 Players in the Wires and Cables Industry

Top 10 Players in the Wires and Cables Industry

31 August 2021

The wires and Cables Industry is a sector that is historically considered as an unorganized segment. However, things are changing in the industry where the organized players are making their presence felt. There are various growth drivers in the place as well. Let’s understand those growth drivers and take a look at the top ten …

Airtel and Google Deal: Clarity on Investment Buzz, Stock At New High

Airtel and Google Deal: Clarity on Investment Buzz, Stock At New High

1 September 2021

Bharti Airtel shares touched a new high at Rs. 652 as the stock rallied 5% on Bombay Stock Exchange in intra-day trade this Tuesday, 31 August. This followed after the company managed to garner the interest of high-profile investors and companies, especially because of its diverse business. Previously on 16 August 2021, Airtel had reached …

Aptech has Hit a New 3-Year High Ahead of its Board Meeting

Aptech has Hit a New 3-Year High Ahead of its Board Meeting

1 September 2021

Aptech, a leading vocational training and skill development organisation, has reached a new 3-year high on the bourses. The company has rallied to as high as Rs. 304 on BSE on this Tuesday’s intra-day trading. This happened a day ahead of the company’s scheduled board meeting to launch a new line of business. Aptech announced …

TCS Reaches the Rs. 200 Billion Market Capitalisation Club

TCS Reaches the Rs. 200 Billion Market Capitalisation Club

16 September 2021

India’s information and technology giant, Tata Consultancy Services, has finally entered the promised land of Rs. 200 billion market capitalisation. It is primarily due to this fact that its stock reached an all-time high in intraday trading on Wednesday, 15 September 2021. TCS’ stock price reached its lifetime high of Rs. 3,980, and it ended …

Avenue Supermarket Share Price Rises 14-fold

Avenue Supermarket Share Price Rises 14-fold

24 September 2021

Shareholders of hypermarket chain operator – Avenue Supermarket have much to celebrate. The share price of this stock is likely to cross the Rs. 5,000 mark by March 2022, said experts. Moreover, a robust business model combined with a fresh demand for offline shopping will likely cause the stock price to rise further. This proves …

IndusInd Bank Obtains 4.79% Stake in McLeod Russel

IndusInd Bank Obtains 4.79% Stake in McLeod Russel

1 October 2021

On Wednesday, 29 September 2021, private sector financial institution IndusInd Bank declared the acquisition of 50,00,000 pledged McLeod Russel India Ltd. (MRIL) shares. These 50,00,000 shares comprise about 4.79% of McLeod Russel’s paid-up capital in terms of equity shares. Ichamati Investments Ltd had earlier pledged MRIL’s equity shares to IndusInd Bank to secure the tea …

Paras Defence Lists its Shares at a Premium of 171%

Paras Defence Lists its Shares at a Premium of 171%

5 October 2021

Last Friday, on 1 October 2021, the scrips of Paras Defence got listed on the bourses, making a spectacular debut. To elaborate, Paras Defence shares got listed on the Bombay Stock Exchanges at Rs. 475 against Rs. 175 (its issue price with a face value of Rs. 10). Accordingly, it registered a listing premium of …

Kalyan Jewellers share up 11%, robust revenue growth in Q2

Kalyan Jewellers share up 11%, robust revenue growth in Q2

8 October 2021

The shares of Kalyan Jewellers noted an 11% jump in the intraday trading on 7 October 2021. This growth is a direct reflection of this company’s revenue growth of 60% for its Indian operations in this recently ended September quarter, compared to the previous year. According to the press release from one of India’s largest …

M-cap of 8 of Top-10 Most Valued Co’s Jump to Rs 2.32 Lakh Cr

M-cap of 8 of Top-10 Most Valued Co’s Jump to Rs 2.32 Lakh Cr

11 October 2021

An Overview Last week, eight of the top ten most valuable firms added a total of Rs. 2,32,800.35 crore to their market capitalisation, with RIL and TCS emerging as the largest gainers. The 30-share BSE benchmark rose 1,293.48 points, or 2.20 percent, last week. On Friday, the benchmark surpassed the 60,000 mark. RIL’s  market value …

Aditya Birla Sun Life Makes a Tepid Stock Market Debut

Aditya Birla Sun Life Makes a Tepid Stock Market Debut

12 October 2021

On 11 October 2021, Aditya Birla Sun Life made an unimpressive debut on the bourses. Following a tepid response to its initial public offer, the company’s shares declined by 2.25% on listing at the Bombay Stock Exchange. On the other hand, the stocks opened at Rs. 715 apiece on the National Stock Exchange, higher by …

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