On May 9, 2024, EFC (I) Limited informed the stock exchanges that the company’s board had approved a strategic investment in Eleganz Interiors Limited by subscribing to the Private Placement Offer. Details of the Investment EFC (I) Limited to make a strategic investment of ₹2,00,00,034 for 2,46,914 Equity Shares of ₹10 each at an issue …
The Tata Group company, Tata Motors has reported its Q4 FY 2023-24 earnings today, The company has recorded a surge in profit after tax to Rs.17,407 crores in this quarter from Rs.5,400 crores in Q4 FY 2022-23. Q4 Performance of Tata Motors Tata Motors in its Q4 FY 2023-24 has reported a revenue of Rs.1.19 …
On Friday, key stock market indices rose modestly, with Sensex climbing 0.36% to 72,664.47 and Nifty up 0.44% to 22,055.20. Nifty Energy, Metal, and FMCG sectors posted gains, while Nifty IT, Realty, and PSU Bank sectors saw declines. Top gainers included BPCL, NTPC, and Power Grid, while TCS, Cipla, and LTIMindtree were among the top …
During Friday’s trading sessions, these three equities gained significantly with price and volume activity, indicating potential bullish action. Here’s an in-depth look. NHPC Ltd NHPC Ltd showed moderate trading activity with a slight increase in its stock price, closing at Rs 94.35, up by 0.75% from the previous close of Rs 93.65. The stock traded …
Delhivery Limited, India’s leading integrated logistics provider, announced today the success of its AI-powered RTO Predictor in significantly reducing return costs for D2C brands. This solution has already empowered over 4,800 brands, including notable names like Heads Up for Tails, Healthkart, W for Woman, and Be Minimalist. Launched in 2024, the RTO Predictor is available …
On May 10, 2024, TVS Holdings Limited informed the exchanges that the company’s board approved the acquisition of an 80.74% equity stake of Home Credit India Finance Private Limited (Home Credit India) for ₹554 crore (proposed transaction). The remaining 19.26% of the equity stake will be bought by Premji Invest and other associates. After signing …
On May 10, 2024, Netweb Technologies informed the exchanges about the inauguration of India’s flagship end-to-end high-end computing servers, storage and switch manufacturing unit. Today, the inauguration ceremony marked a significant advancement in strengthening the Government of India’s “Make in India” initiative at its newly established facility in Faridabad. A leading technology solutions provider, Netweb …
On May 10, 2024, Strides Pharma Science Limited informed the stock exchanges that the company’s step-down wholly owned subsidiary, Strides Pharma Global Pte. Limited, Singapore, got approval for Sevelamer Carbonate Tablets, 800 mg, from the United States Food & Drug Administration (US FDA). The company stated that the product is therapeutically equivalent and bioequivalent to …
On May 10, 2024, Thomas Cook India informed the exchanges about the launch of TCPay, a new digital service that simplifies and streamlines international money transfers. The company stated that the conventional way to send money abroad was regarded as a difficult process that involved visits to branches, cumbersome paperwork, and fixed working hours. Addressing …
Company Overview Founded on June 15, 1987, Timken India Ltd. is a prominent player in manufacturing, distributing, and selling anti-friction bearings, primarily tapered roller bearings, other roller bearings, components, accessories, and mechanical power transmission products. Headquartered in Bangalore, India, the company serves a diverse customer base and also provides maintenance contracts and refurbishment services. Market …
