The capital expenditure for the next fiscal is projected at Rs 11.11 lakh crore, marking an 11.1% increase, underlining its crucial role in driving economic growth. Infrastructure investments have been pivotal in stimulating job creation and attracting private investment. Notably, the road and rail sectors are poised to benefit significantly. In the latest budget, the …
The benchmark index S&P BSE 500 opened today at 35,369.15 and made its day high at 35,380.28, and it is trading flat today, down by around 0.07%. From the same space, these are the top 3 companies that outperformed the benchmark index and were up by more than 5% today. Cera Sanitaryware Ltd Shares of …
Jio Financial Services & HBL Power Systems 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 361.45 and Rs 513.25 respectively, their price aligns with positive signals from technical …
On June 21, 2024, Tata Power Company Limited (TPCL) informed in a stock exchange filing that CARE Ratings Limited has upgraded the company’s Long-Term rating on the bank and debt facilities from ‘CARE AA/Positive’ to ‘CARE AA+/Stable’. CARE Ratings Limited stated that the company ratings have been revised upward due to improved profitability from Mundra …
At 10:09 am, the BSE Sensex surged 0.03%, reaching a level of 77,505. The Nifty 50 index is up 0.14% to the 23,601 level. On the Sensex, Bharti Airtel Ltd, Infosys Ltd and Tata Consultancy Services Ltd were among the top gainers, whereas Reliance Industries Ltd, Hindustan Unilever Ltd and Tata Steel Ltd were among …
On Friday, the benchmark indices were trading in the green with the Sensex up around 60 points or 0.06% at 77,538, while the Nifty-50 was up around 40 points or 0.17% at 23,607. About 2,008 shares have advanced; 1,113 declined and 106 are unchanged on the BSE. Top gainers and losers on the BSE Sensex …
Kirloskar Pneumatic Company Ltd. (KPCL), a leading manufacturer of air, refrigeration, and gas compressors, announced a strategic move today by signing a memorandum of understanding (MoU) to acquire a majority stake (over 51%) in M/s. Systems & Components India Private Ltd (S&C). Expanding into Industrial Refrigeration This acquisition marks a significant step for KPCL as …
On June 21, 2024, H.G. Infra Engineering Limited incorporated two subsidiary companies: H.G. Rajlani Solar Project Private Limited and H.G. Barni Solar Project Private Limited. The acquisition of H.G. Rajlani Solar Project Private Limited and H.G. Barni Solar Project Private Limited by H.G. Infra Engineering Limited may constitute related party transactions since these companies are …
Bikaji Foods has been making waves in the stock market, with its share price recently jumping by 4% to reach a new 52-week high and surging around 36% in a month. This rise is largely attributed to positive evaluations from several brokerage houses, which have assigned a “buy” rating to the stock, the bullish sentiment …
Time Technoplast received the final approval from the Petroleum and Explosives Safety Organization(PESO) for the manufacturing and supply of high-pressure type IV composite cylinders for Hydrogen. Time Technoplast is the first company in India to receive the final approval for the manufacturing and supply of Type-IV Composite Cylinders for Hydrogen. In March, the company secured …
