The Housing Development Finance Corporation Limited (HDFC) was amongst the first to receive an ‘in principle’ approval from the Reserve Bank of India (RBI) to set up a bank in the private sector. HDFC Bank is a publicly held banking company, the bank was incorporated in August 1994 under the name of ‘HDFC Bank Limited’, …
On Tuesday, the market saw a sharp decline after reaching record highs in the opening hour. The Sensex fell by 0.04%, closing at 79,441.46, while the Nifty declined by 0.07%, ending at 24,123.85. Within the sectoral landscape, Nifty IT, Nifty Media, and Nifty Realty were among the top gainers, while Nifty PSU Bank, Nifty FMCG, …
Introduction Central Depository Services (India) Limited (CDSL) is a pioneering Market Infrastructure Institution (MII) that facilitates the holding of securities in dematerialized (demat) form, enabling seamless securities transactions. Offering comprehensive services to all market participants, including exchanges, clearing corporations, Depository Participants (DPs), issuers, Registrar & Share Transfer Agents (RTAs), and investors, CDSL continues to innovate …
India’s growing defence sector boasts several prominent players, each contributing to the nation’s self-reliance in military equipment. The Indian government has set the defence production target at US$ 25 billion by 2025 (including US$ 5 billion from exports by 2025). Today, let’s explore two giants: Hindustan Aeronautics Limited (HAL) and Bharat Dynamics Ltd (BDL). Both …
CSB Bank (formerly The Catholic Syrian Bank Ltd) is engaged in the business of banking Services, the oldest private sector bank in India with a history of over 100 years, and a strong base in Kerala, The Bank focuses on SME, retail, and NRI customers. The bank has a network of over 785 branches and …
Welspun Specialty Solutions Ltd. has secured a major order worth Rs.117 crore from Bharat Heavy Electricals Ltd. (BHEL) which involves supplying stainless steel boiler tubes to the NTPC Talcher thermal power project, expected to be completed by December 2024, according to an exchange filing that came out yesterday. Official Statement In a filing, Welspun Specialty …
Stock Performance Overview Shares of Solar Industries Ltd. experienced a significant surge on Tuesday, rising by as much as 9% to reach a record high of Rs 11,190 on the NSE. The stock opened at Rs 10,220, briefly dipped to an intraday low of Rs 10,201.20, and then rebounded to hit its all-time high. This …
Introduction to KEI Industries KEI Industries, formerly known as Krishna Electrical Industries, is a significant player in the Indian cable and wire industry. The company manufactures and markets a variety of power cables, including low-tension, high-tension, and extra-high voltage (EHV) cables. Additionally, KEI produces house wires and stainless-steel wires, serving sectors such as power, oil …
During Tuesday’s trading sessions, these three equities gained significantly with price and volume activity, indicating potential bullish action. Here’s an in-depth look. Orient Paper and Industries Ltd Orient Paper and Industries Ltd hit a high of Rs 62.2 with a traded volume of 4.86 crore shares, currently trading at Rs 60.39. The previous close was …
Bharat Dynamics & Frog Cellsat are identified as upside potential stocks based on technical analysis. 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 1,617 and Rs 353 respectively, their price aligns with positive signals from technical indicators like …
