Technical analysis identifies Narayana Hrudayalaya and Honasa Consumer as upside potential stocks. 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 1,275.75 and Rs 424 respectively, their price aligns with positive signals from technical indicators like RSI and ADX, …
The Supreme Court grants relief to the Tobacco Industry on the ongoing 17-year-long battle, The matter pertains to The matter pertains to 2006, when a demand notice of Rs.10 crore was issued to a tobacco company by the Central Excise Department, seeking 67% excise duty on tobacco products. The industry claimed that chewing tobacco is …
Titagarh Rail Systems Ltd, known as Titagarh Wagons Ltd. is an Indian rolling stock manufacturer in the private sector. The stock of Titagarh Wagon has jumped by 8% today, the company has an extended order book till FY27 and market analysts are also bullish on the stock as they believe that the company is going …
On May 7, 2024, Thomas Cook (India) Limited informed the stock exchanges that the company had launched its Video KYC with paperless processes to support its retail customers. With this digital solution, the company strives to make it easy and convenient for customers to avail of foreign exchange services from the comfort of their homes. …
On May 6, 2024, Oberoi Realty informed the stock exchanges that the company had entered into a Development Agreement to develop land and redevelop a large housing society spread over approximately 12,790 square meters in the Adarsh Nagar area of Worli, Mumbai. The company stated that the land parcel is leased to Maharashtra Housing and …
On May 7, 2024, Redington Limited informed the stock exchanges that the company’s step-down subsidiary Arena Bilgisayar Sanayi Ve Ticaret A.S, Turkey (Arena ), signed a definitive agreement with Iyzi Payment and Electronic Money Services Inc, Turkey (Iyzico). The agreement is to sell 100% of the equity held by Arena in its wholly-owned subsidiary, Paynet …
Lupin Ltd. is an Indian Multinational pharmaceutical company based in Mumbai, It is one of the largest generic pharmaceutical companies in terms of revenue. It has a presence across research, manufacturing and marketing of formulations and APIs. The key focus areas for the company include paediatrics, cardiovascular,anti-infectives, asthma, diabetology and anti-tuberculosis. The company recently reported …
As a subsidiary of Hindalco Industries Limited, a leading player in the aluminium and copper industries since 2007, Novelis benefits from being part of the Aditya Birla Group. Novelis is the leading provider of rolled aluminium products worldwide, catering to various industries such as beverage cans, automotive, architecture, and electronics. The acquisition aimed to enhance …
The Indian stock markets started off on a positive note but soon slipped into negative territory as profit booking emerged at higher levels. The National Stock Exchange (NSE) benchmark Nifty 50 index fell below the 22,400 mark, down by 0.28%. Most sectors were trading in red, with only the Nifty FMCG sector showing gains, up …
Top Fast Moving Consumer Goods companies like Britannia, Nestle and Colgate would be impacted by the restrictions from the Plastic Waste Management norms, as this might lead to an increase in packaging costs for these FMCG Companies. How will Plastic Waste Management norms impact these companies? India is one the leading plastic waste generators in …
