Based on technical analysis, Bajaj Auto & Supreme Industries are identified as upside potential stocks. Both stocks have displayed promising structures and technical setups, including price volume contraction, and the potential to bounce back and breakout. Currently trading at Rs 9,702.30 and Rs 5,787.50 respectively, their price aligns with positive signals from technical indicators like …
The aerospace and defence sector has been on a meteoric rise in recent years, particularly in India. The sector has given exceptional returns, especially in the last three years. According to data sourced from Simply Wall Street, the Indian aerospace and defence industry has given a return of 177% in the past year. Investors holding …
On July 15, 2024, GRM Overseas, a top Indian exporter of basmati rice and a leading FMCG food company, introduced “Gulistan Kachi Ghani Mustard Oil” as part of its 10X brand lineup. This new mustard oil is now available nationwide in 1-litre bottles and 5-litre jars. The launch aims to enhance the product range of …
On July 15, 2024, Hindustan Zinc Limited, India’s largest and the world’s second-largest integrated zinc producer, released its 7th Tax Transparency Report. The report highlights the company’s significant contribution to the national exchequer and unwavering commitment to nation-building. Key Takeaways Hindustan Zinc contributed a remarkable ₹13,195 crore to the exchequer in FY 2023-24, representing nearly …
On July 15, 2024, Thomas Cook (India) Limited announced via a stock exchange filing that its wholly-owned subsidiary, Sterling Holiday Resorts, has opened Sterling Aravalli Udaipur in Rajasthan. This marks the third resort in Udaipur and the sixth in the state. Set on 2.5 acres of beautifully landscaped grounds with stunning views of the Aravalli …
India’s power sector is abuzz with activity as 15 major companies, including industry giants like Adani Power, JSW Energy, and NTPC, have submitted expressions of interest (EOIs) to revive the struggling Sinnar Thermal Power plant near Nashik, Maharashtra. This 1,350 MW coal-fired facility, a subsidiary of RattanIndia Power and originally developed by Indiabulls Power, presents …
SRM Contractors Limited has secured a significant new project with the National Highway Authority of India (NHAI). The company has signed an agreement for an EPC (Engineering, Procurement, and Construction) project valued at Rs 278.48 crore. This project focuses on the upgradation and strengthening of a key highway section in Jammu and Kashmir. The specific …
On July 15, 2024, Mishtann Foods Ltd announced its financial results for Q1 FY 2025 in a stock exchange filing. The company’s revenue jumped 30% year over year. The company’s revenue from operations reached ₹382.67 crore in Q1 FY 2025, reflecting a 30% year-over-year increase from ₹293.95 crore in Q1 FY 2024. In Q4 FY …
The giants of the Indian IT sector, Tata Consultancy Services (TCS) and HCL Technologies Ltd (HCLTech), recently released their Q1 FY 2025 results. Q1 FY 2025 Financial Highlights of HCLTech HCL reported revenue of ₹28,057 crore, a decrease of 1.6% quarter-on-quarter but an increase of 6.7% year-on-year. The company’s EBIT stood at ₹4,795 crores, representing …
On July 15, 2024, Zen Technologies officially launched four innovative products in collaboration with its subsidiary, AI Turing Technologies, based in Pune. This significant announcement showcases the company’s commitment to advancing defence capabilities through proprietary technology. The new products—Hawkeye, Barbarik-URCWS (Ultralight Remote Control Weapon Station), Prahasta, and Sthir Stab 640—address a diverse range of defence …
