On Wednesday, Indian equity benchmark indices retreated from higher levels, with the Nifty50 and Sensex trading down by 0.11% and 0.05%, respectively. The Bank Nifty also fell by 0.33%, trading below the 52,500 mark. Amidst this profit booking in the market, one stock that has hogged the limelight is India Cements. About the Company India …
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 …
On June 25, 2024, the Nifty 50 rose by 0.79% and closed at 23,722, and the Sensex grew by 0.93%, closing at 78,061. Top Gainers and Losers On the sectoral front, Nifty Financial Services, Nifty Private Bank, Nifty Bank, and Nifty Financial Services 25/50 ended in the green. Meanwhile, Nifty Realty, Nifty Metal, Nifty Oil …
On June 25, 2024, Fischer Medical Ventures Ltd announced via stock exchanges that it has established itself as a pioneer in India through its wholly owned subsidiary, Time Medical International Ventures (India) Private Limited, by locally manufacturing advanced, high-quality Magnetic Resonance Imaging (MRI) systems. Fischer MVL not only focuses on medical imaging device manufacturing but …
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. Dhani Services Ltd Dhani Services Ltd saw a significant trading volume of 2.04 crore shares today. The stock reached a high of Rs 53.6 and is currently trading at Rs 52, up from …
Craftsman Automation Ltd disclosed on June 24, 2024, that it has initiated steps towards acquiring Sunbeam Lightweighting Solutions Private Limited (Sunbeam) in a Memorandum of Understanding (MoU) signed with Sunbeam and Kedaara Capital Fund II LLP (Kedaara). The proposed transaction involves the acquisition of either the entire business or a portion thereof of Sunbeam, excluding …
On June 25, 2024, Westside, one of India’s top and fastest-growing retail chains, teamed up again with the famous designer duo, Saaksha & Kinni for a special home collection called “Honey I’m Home 2.0”. This collaboration highlights Westside’s dedication to offering unique and curated brands to its customers. This partnership showcases a blend of design …
On June 25, 2024, Vinati Organics Limited subscribed to 5,57,70,950 fully paid-up equity shares with a face value of ₹10 each, totalling ₹55,77,09,500. Vinati Organics Limited acquired 100% of the share capital and control of Veeral Organics Private Limited. This investment was made through a rights issue, and these shares will rank equally with the …
Schaeffler India, a frontrunner in motion technology, has unveiled a groundbreaking innovation – the Planetary Gear System (PGS) – manufactured entirely at its Hosur plant. This system is specifically designed to meet the needs of Dedicated Hybrid Transmission (DHT) vehicles in the Indian market. Aligning with Make in India and Greener Transportation The PGS marks …
On June 25, 2024, JSW Steel USA, a subsidiary of JSW Steel Ltd, a leading Indian steel company under the JSW Group valued at $24 billion, revealed plans to invest $110 million in upgrading their steel plate mill in Baytown, Texas. This investment aims to modernise their manufacturing facilities with advanced technology and equipment that …
