Shares of Jyoti Limited gained about 20% today. The stock has witnessed heavy buying activity from investors. Jyoti Limited has delivered multibagger returns to its shareholders in the last one year. During this period, the company’s share price surged from Rs 16.90 on April 10, 2023, to Rs 74.97 on April 10, 2024, representing an …
On April 8, 2024, one of the leading housing finance companies in India, PNB Housing Finance, announced the successful expansion of its distribution network to 300 branches across the country. The company stated in an exchange filing that this strategic growth marks a significant milestone in its journey towards offering accessible and varied housing finance …
On April 08, 2024, a leading non-banking financial company, Capri Global Capital Ltd, stated in an exchange filing that the company had achieved a remarkable 75% year-on-year (y-o-y) growth in new car loans in FY2024. In addition, the company recorded a disbursement of more than ₹10,000 crore to around 94,000 customers, reflecting ~2.5% of India’s …
As India braces for an intense summer, the stock market is abuzz with anticipation of sectors poised to thrive amid rising temperatures. The nation’s weather agency has forecast longer-than-usual heat waves, prompting investors to identify stocks that could benefit from heightened demand for cooling and energy solutions. This article explores the market implications of India’s …
On April 08, 2024, Muthoot Microfin Limited, through an exchange filing, announced key business updates for the quarter (Q4 FY2024) and year (FY2024) ending March 31, 2024. During the said period, the company experienced substantial growth across its businesses. The company added that FY24 witnessed a healthy mix of credit expansion, rising margins and declining …
On April 8, 2024, Adani Total Gas Limited (ATGL) informed the exchanges that Adani TotalEnergies E-Mobility Limited (ATEL), a wholly-owned subsidiary of the company and MG Motor India signed a Memorandum of Understanding (MoU) to strengthen the EV charging infrastructure in India. Details of the MOU Adani Total Gas Limited announced the joint collaboration of …
On April 8, 2024, Edelweiss Financial Services Limited informed the stock exchanges about the opening of the public issue of Secured Redeemable Non-Convertible Debentures (NCDs) of the face value of ₹1,000 each for an amount up to ₹1,000 million, which is the base issue size, with a green shoe option of up to ₹1,000 million, …
Indian markets started the week with bullish sentiment, with major indices such as the Nifty50 and Sensex trading at their respective record levels. Bombay Stock Exchange (BSE), India’s oldest stock exchange, achieved a significant milestone as the combined market capitalisation of all listed stocks on the BSE surpassed the Rs 400 lakh crore mark for …
On April 8, 2024, JSW Steel informed the stock exchanges that the company had achieved its highest-ever annual consolidated crude steel production of 26.43 million tons, with a growth of 9% YoY. The crude steel production for Q4 FY 2024 stood at 6.79 million tonnes, which is higher by 3% YoY. The capacity utilisation at …
Monday marked a momentous occasion as both the Nifty 50 index and Maruti Suzuki India soared to remarkable heights, with the former inching closer to the coveted 22,700 mark and the latter becoming the first automaker to surpass the Rs 4,00,000 crore market capitalization milestone. Maruti Suzuki’s Stock Surge: The stock of Maruti Suzuki India …
