Significant Rise in IREDA and HUDCO Shares Shares of Indian Renewable Energy Development Agency (IREDA) and Housing and Urban Development Corporation (HUDCO) have experienced substantial gains, with IREDA rising 90% and HUDCO surging over 121% so far in 2024. IREDA shares reached an intraday high of Rs 199.35, while HUDCO shares hit intraday high of …
On June 26, 2024, Intellect Design Arena Ltd achieved significant recognition from the UK-based analyst firm IBS Intelligence. They’ve secured top rankings in 3 key banking categories: Retail Core Banking for 6 years running, Transaction Banking for 5 years, and Lending for 3 years. Additionally, Intellect placed second in 8 other fintech categories and maintained …
Meghna Infracon Infrastructure Limited has announced the launch of its new residential project, “RIVAAN,” in Goregaon (West), Mumbai. The project will cover approximately 1 lakh sq. ft. of carpet area. Mr. Vikram Jayantilal Lodha, Managing Director, stated, “We are pleased to announce the launch of ‘Rivaan’ in Goregaon (West), Mumbai. This development marks a significant …
On Wednesday, the market continued to post record closes, led by RIL and select banks. The Sensex gained significantly by 0.8%, reaching a record high of 78,759.40, while the Nifty surged by 0.64% to an all-time high of 23,889.90. Among sectors, Nifty Media, Nifty Energy, and Nifty Bank were the top gainers, whereas Nifty Metal, …
On June 26, 2024, The Board of Directors of Vijaya Diagnostic Centre Limited (VDCL) and Medinova Diagnostic Services Limited (MDSL) approved a Scheme of Amalgamation during their respective Board meetings. This merger will see MDSL merging into VDCL, aiming to combine their businesses and create synergies, thereby enhancing value for the stakeholders of both companies. …
India’s chemical sector has faced significant challenges in recent years, plagued by rising input prices, poor demand, limited pricing power, and destocking in international markets. Stocks in the sector have underperformed the broader Nifty 50 Index since FY23. However, improving demand conditions, rising exports, and softer input prices suggest better times ahead for chemical companies. …
The benchmark index S&P BSE 500 opened today at 35,371.54 and made its day high at 35,439.34, and it is trading green today, up by more than 0.30%. From the same space, these are the top 3 companies that outperformed the benchmark index and were up by more than 5% today. CESC Ltd Shares of …
On Wednesday, the benchmark indices were trading in the red with the Sensex down around 40 points or 0.07% at 78,009, while the Nifty-50 was down around 21 points or 0.09% at 23,701. About 1,690 shares have advanced; 1,450 declined and 103 are unchanged on the BSE. Top gainers and losers on the BSE Sensex …
Jindal Iron and Steel Company (JISCO), an Indian multinational steel producer and the flagship company of JSW Group, is the second largest private sector steel company. Founded in 1982, the company was formerly known as Piramal Steel Limited and was renamed when acquired by the Jindal Group. About JSW Steel USA JSW USA is part …
UltraTech Cement Limited, an Indian multinational cement company based in Mumbai, is the largest manufacturer of grey cement, ready-mix concrete, and white cement in India. It was originally founded in 1983 as the cement division of Larsen & Turbo (L&T). However, in 2004, in a demerger deal, Grasim Industries obtained management control of UltraTech CemCo …
