Domestic indices were trading lower today, with all sectoral indices in the red except for the BSE Bankex Index. Significant losses were observed in the metals, information technology, and consumer durables sectors. At 10:15 am, the BSE Sensex tumbled 0.60% reaching a level of 74,051. The Nifty 50 index fell 0.65% to the 22,556 level. …
Tata Steel, one of India’s leading steel producers, has announced a financial move to strengthen its resources. The company’s board has approved a plan to raise Rs. 3000 crore through the issuance of Non-Convertible Debentures (NCDs) which aims to work on the company’s financial stability and support its expansion plans. Fundraising Strategy The decision to …
On Thursday, the benchmark indices were trading in the red with the Sensex down around 333 points or 0.46% at 74,157, while the Nifty-50 was down around 116 points or 0.51% at 22,589. About 1,288 shares have advanced; 1,838 declined and 117 are unchanged on the BSE. Top gainers and losers on the BSE Sensex …
Edelweiss Group (officially known as Edelweiss Financial Services Limited) is an investment and financial services company. The company deals in various financial services ranging from brokerage services to life insurance and general insurance, private equity, and other investment-related services through subsidiaries. The Reserve Bank of India has barred its subsidiaries, Edelweiss Asset Reconstruction Company and …
On May 29, 2024, the Nifty 50 declined 0.80% and closed at 22,704, and the Sensex dropped 0.89%, closing at 75,502. Top Gainers and Losers On the sectoral front, Nifty Pharma, Nifty Healthcare Index, Nifty Metal, and Nifty Media ended in the green. Meanwhile, Nifty Financial Services 25/50, Nifty Financial Services, Nifty Private Bank, …
Olectra Greentech Ltd., the name that rings a bell with electric buses and stellar stock performance. Over the past year, this stock has surged about 160%, and an astonishing 905% over the last three years. These remarkable returns are a testament to the company’s strategic pivot and relentless innovation in the electric bus (E-Bus) sector. …
On Wednesday, the market weakened ahead of election results, primarily due to poor performance in financial stocks like ICICI, HDFC Bank, and RIL. Sensex dropped by 0.89%, closing at 74,502.90, while Nifty fell by 0.8%, closing at 22,704.70. Nifty Pharma, Metal, and Media sectors gained, while Financial Services, Bank, and IT sectors underperformed. Top gainers …
During Wednesday’s trading sessions, these three equities gained significantly with price and volume activity, indicating potential bullish action. Here’s an in-depth look. Manali Petrochemicals Ltd Manali Petrochemicals Ltd saw significant activity with a traded volume of 5,159,594 shares, indicating a price volume breakout. Currently trading at Rs 82.8, it has risen from its previous close …
On May 29, 2024, Avanti Feeds Limited, through an exchange filing, announced that the Board of Directors had approved the investment of the remaining ₹24.70 Crore in its subsidiary, Avanti Pet Care Pvt. Ltd (APCPL). The said investment is related to the total investment of ₹51.00 Crore, which was approved by the Board on September …
On May 29, 2024, Garware Hi-Tech Films Limited (GHFL), renowned for its production of Paint Protection Films (PPF), Solar Control Films (SCF), and various speciality polyester films, disclosed its financial outcomes for the quarter/year ending on March 31, 2024. Consolidated Quarterly Performance Garware Hi-Tech Films Limited achieved its highest Profit After Tax (PAT) for Q4 …
