The year 2024 isn’t just another General Election year for India; it’s shaping up to be the election year globally. A record number of voters across at least 64 countries, representing nearly half of the world’s population, are set to head to the polls. The outcomes of these elections are poised to have significant ramifications …
The Indian government has kept their focus on the domestic defense sector and following that trend Mazagon Dock has caught a rally that investors are in awe of. In the past 12 months, the stock has given 217% returns and if we look back 5 years the stock has given 1,200% returns, a multibagger in …
Grasim Industries, a leading Indian conglomerate known for its textiles, chemicals, and cement businesses, has taken a significant step towards a greener future. On April 4, 2024, they announced the acquisition of a 26% equity stake in Clean Max Decimus Private Limited, a Special Purpose Vehicle (SPV) focused on renewable energy generation and transmission. This …
On April 05, 2024, Sobha Ltd released its operational update for the quarter ended March 31, 2024. The company reported consistent sales for the quarter, reaching a value of ₹15.04 billion at an average price realisation of ₹11,230 per square foot. Due to the success of SOBHA Neopolis, which opened in Q3 of FY2024, Bangalore’s …
Aditya Birla Fashion and Retail Ltd. (ABFRL) has announced a strategic move that could reshape its future. The company plans to vertically demerge its Madura Fashion & Lifestyle business into a separate listed entity. This decision, authorized by the Board of Directors, aims to create two independent growth engines with distinct value creation trajectories and …
On April 04, 2024, a leading real estate developer in India, Prestige Group, announced through an exchange filing about the acquisition of ~21 acres of prime land in Whitefield, Bengaluru. The company has paid ₹450 crore in the form of consideration for the acquisition of land. The company further stated that the acquired land would …
HDFC Bank released its Q4 Updates and the market was happy about the numbers what they say, this comes after between January and February the stock fell as much as 18% in a few trading sessions citing the NIMs contraction with the bank and when the latest updates of the bank came in market rallied …
The benchmark index S&P BSE 500 opened today at 32,685.90 and made its day high at 32,728.61, and it is trading in green today, up by around 0.16%. From the same space, these are the top 3 companies that outperformed the benchmark index and were up by more than 5% today. Asahi India Glass Ltd …
Today, domestic indices experienced downward movement, affected by declines in the energy, capital goods, metals, and telecommunications sectors. However, amidst this downturn, the real estate and healthcare sectors demonstrated notable resilience, standing out in the market despite the overall weakness. The broader indices significantly outpaced the main indices by a considerable margin. At 10:20 am, …
On Friday, the benchmark indices were trading in the red with the Sensex down around 121 points or 0.17% at 74,100, while the Nifty-50 was down around 42 points or 0.18% at 22,467. About 1,654 shares have advanced; 1,482 declined and 112 are unchanged on the BSE. Top gainers and losers on the BSE Sensex …
