The benchmark index S&P BSE 500 opened today at 36,708.07 and made its day high at 36,708.07, and it is trading in red today, down by more than 0.70%. From the same space, these are the top 3 companies that outperformed the benchmark index and were up by more than 2% today. Jubilant Ingrevia Ltd …
Amid weak investor sentiment across Asian markets, Indian frontline indices experienced a notable decline today, with the metals, oil & gas, energy, and power sectors bearing the brunt of the downturn. Broader indices also faced heavy selling pressure, trading over 1% lower. At 10:30 am, the BSE Sensex fell 0.22% reaching a level of 81,162. …
On July 18, 2024, DP Abhushan Limited, a renowned jewellery company with an 84-year legacy known for its purity, design standards, transparency, and wide product range, announced its financial results for the first quarter of FY25, ending June 30, 2024. The company operates in eight locations across India. Financial Highlights ₹ In crore Q1FY25 Q4FY24 …
Dividends are a key factor for many investors, providing a regular income stream and indicating the financial health of a company. As we move into August 2024, several companies are scheduled to distribute dividends, offering investors an opportunity to earn returns on their investments. This blog explores the concept of dividends, their impact, and provides …
Muthoot Microfin Limited has announced a 35 basis points (bps) interest rate cut, the second reduction this year following a 55 bps cut in January. This move lowers the effective lending rate from 23.65% to 23.30%, reflecting the company’s commitment to making financial services more affordable and accessible. Muthoot Microfin has demonstrated significant growth, with …
About Approval Zydus Lifesciences Limited has achieved a significant milestone with the final approval of its New Drug Application (NDA) by the US Food and Drug Administration (USFDA). This paves the way for Zydus to market ZituvimetTM XR, an extended-release tablet combining sitagliptin and metformin hydrochloride, for the treatment of type 2 diabetes in the …
Caplin Steriles Limited (Caplin), a subsidiary of Caplin Point Laboratories Limited, has secured significant approval from the United States Food and Drug Administration (USFDA) for its Abbreviated New Drug Application (ANDA) for Ephedrine Sulfate Injection USP, 50 mg/mL Single Dose Vial. This generic version is therapeutically equivalent to the reference-listed drug (RLD) AKOVAZ, manufactured by …
K.P. Energy Limited announced the successful commissioning of an additional 23.1MW (Phase-X) of its ISTS-connected Wind Power Project at the Sidhpur site in Devbhoomi Dwarka. This new phase comprises 11 Wind Turbine Generators (WTGs) of 2.1MW each. This achievement is part of the larger 250.8MW ISTS-connected Wind Power Project awarded to Apraava Energy Private Limited …
India’s state-owned oil companies are accelerating their capital expenditure (capex) plans for the 2024-25 fiscal year. Leading the charge are the Indian Oil Corporation (IOC) and Oil and Natural Gas Corporation (ONGC), which have already spent a significant portion of their annual budgets in the first quarter (Q1). Strong Start to FY25 Indian Oil Corporation …
GPT Infraprojects Limited (GPT), a leading infrastructure construction and engineering company, has secured a significant boost to its order book. The company announced that existing contracts with two prominent clients, the National Highways Authority of India (NHAI) and Eastern Railway, Kolkata, have been enhanced by a combined value of ₹103 crore. This positive development highlights …
