Mazagon Dock Shipbuilders Limited (MDL), formerly called Mazagon Dock Limited, is a shipyard situated in Mazagaon, Mumbai. It manufactures warships and submarines for the Indian Navy and offshore platforms and associated support vessels for offshore oil drilling. It also builds tankers, cargo bulk carriers, passenger ships, and ferries.MDL is a public sector undertaking and is …
Shares of Ahluwalia Contracts, a leading construction-engineering company, soared by approximately 16%, reaching a record high of Rs.1,520 per share today following the announcement of a contract win from the Airports Authority of India (AAI). Ahluwalia Contracts’ shares have exhibited a remarkable 91% increase year-to-date, reflecting an impressive 336% gain over the past five years. …
Bank of Maharashtra (BoM) has announced its business update for Q1FY25, showcasing growth across different financial metrics. The bank’s total deposits surged by 9.44%, reaching Rs.2.67 lakh crore as of June 30, 2024, up from Rs.2.44 lakh crore in the same period last year. Despite a slight decline from the Rs.2.70 lakh crore recorded in …
LIC increased its stockholding in one of the upcoming leading banks, IDFC, by 2.68%, with a per-share value of 80.63. They got it via a private placement offer (PPO).LIC, India’s largest insurance company, finds its potential in the IDFC Bank, where previously LIC held 1.42 crore shares and has now increased to 20.02 crore. The …
Based on technical analysis, Tata Steel & Torrent Power 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 175.30 and Rs 1,505.05 respectively, their price aligns with positive signals from technical indicators like …
Indian benchmark indices, after enjoying a strong rally in recent trading sessions, were trading lower today. The banking, financial services, auto, and consumer durables sectors were among the top losers, while the capital goods, oil & gas, and energy sectors attempted to uplift the indices. With 2,080 shares rising on the BSE and 1,582 shares …
After a robust rally earlier, benchmark indices experienced a notable decline today, affected by losses in the banking, financial services, consumer durables, and metal sectors. In contrast, broader indices demonstrated resilience, showing notable gains. At 10:15 am, the BSE Sensex declined 0.45% reaching a level of 79,687. The Nifty 50 index fell 0.31% to the …
The benchmark index S&P BSE 500 opened today at 36,160.32 and made its day high at 36,176.74, and it is trading in red today, down by around 0.10%. From the same space, these are the top 3 companies that outperformed the benchmark index and were up by more than 5% today. Raymond Ltd Shares of …
The market is buzzing with optimism, and several companies are leading the charge with sky-high revenue guidance. We are diving into the top 5 players projecting a staggering growth of over 50%. From industry disruptors to established giants, these companies are betting big on the future, and their confidence is a beacon for investors seeking …
Macrotech Developers Limited, known for its Lodha brand, released its business update for the first quarter (Q1) of the financial year 2025 (FY25), ending June 30, 2024. The report highlights positive growth across key metrics, coupled with strategic business development initiatives. Robust Pre-Sales and Collections Macrotech achieved a noteworthy pre-sales figure of ₹40.3 billion in …
