The Bank Nifty, after experiencing a relatively quiet FY24, has commenced FY25 on a promising note. Demonstrating robust performance, it has outpaced the Nifty 50 index by a considerable margin, surging over 3.5% thus far in FY25. Notably, two significant constituents of the Bank Nifty are HDFC Bank and ICICI Bank, jointly constituting approximately 53% …
In the dynamic world of steel manufacturing, JTL Industries Limited has made waves with its recent strategic acquisition. JTL, known for its expertise in producing Black Steel Pipes, Pre-Galvanized and Galvanized Steel Pipes, and other steel products, has now taken a bold step by acquiring a controlling stake of 67% in Nabha Steels and Metals. …
On April 09, 2024, a leading real estate developer, Godrej Properties Limited (GPL), in an exchange filing, released its best-ever quarterly and annual sales in Q4 FY24 and FY 24, respectively. During the quarter ended March 31, 2024 (Q4 FY24), the company witnessed a growth of 135% in booking value to more than 9,500 crore. …
On April 08, 2024, Popular Vehicles & Services Limited (PVSL), one of the leading fully integrated automotive dealership players in India, reported its results for the quarter and nine months ended 31 December 2023. Q3 FY2024 (Quarter Ended December 31, 2024) The company reported a 16.9% YoY growth to ₹1,426.5 crore during Q3 FY2024. EBITDA …
The domestic indices were in green hitting an all-time high, Sensex above 75,000 and Nifty-50 above 22,700 with notable gains observed in the information technology, realty, and metals sectors. At 11:00 am, the BSE Sensex gained 0.44%, reaching a level of 75,075. The Nifty 50 index advanced 0.38% to the 22,754 level. On the Sensex, …
Company Overview Established in 1998, Indraprastha Gas Limited (IGL) is a key player in the city gas distribution sector, primarily operating in the National Capital Territory of Delhi. With a focus on distributing natural gas, IGL serves a wide range of regions including neighbouring areas such as Noida, Greater Noida, Ghaziabad, and Gurugram. As a …
The global steel industry has been facing headwinds, inviting turbulence due to geopolitical disturbances across the world, this has reflected the broader challenges and opportunities of the global market. Amidst all this, Tata Steel, one of the industry’s legacy players, has shown resilience and strategic agility amidst the turbulence The Q4 Update Tata Steel saw …
On April 08, 2024, one of the leading stainless steel manufacturers, Jindal Stainless Limited, announced in an exchange filing that its subsidiary Jindal Lifestyle has launched the first premium cookware range under its Arttd’inox lifestyle brand. Arttd’inox offers a diverse range of cookware, including frypans, saucepans, kadhais, tawas, and pressure cookers, all available in a …
Strides Pharma Science Limited (Strides), a leading pharmaceutical company, has taken a significant step towards expanding its presence in the lucrative US market. On April 9, 2024, the company announced that its step‐down wholly owned subsidiary, Strides Pharma Global Pte. Limited, Singapore, has received approval for Fluoxetine Tabs 10 mg and 20 mg from the …
On April 8, 2024, Dixon Technologies (India) Limited informed in a stock exchange filing that the company had entered into a Share Purchase Agreement and Shareholders’ Agreement for the proposed acquisition of a majority stake in Ismartu India Private Limited. Details of the Acquisition Dixon Technologies (India) Limited stated that it had entered a Share …
