India Cements, a stalwart in the cement manufacturing sector of the Indian subcontinent, is embarking on a strategic financial manoeuvre to secure its operational and expansion goals. With plans to raise a substantial ₹750 crore through bonds, the company has positioned itself at the nexus of industry challenges and forward-looking capital investments. This decision, orchestrated …
On April 01, 2024, the Nifty 50 and Sensex rose by 0.61% and 0.49% to 22,462 and 74,014, respectively. Smallcaps and Midcaps outperformed, with the indices rallying up to 3%. Foreign Institutional Investors (FIIs) sold securities worth around ₹522 crore, while Domestic Institutional Investors (DIIs) bought securities worth ₹1,208 crore. Top Gainers and Losers On …
On Thursday, the Nifty opened 157 points higher and reached a new high of 22,619 in early trade but immediately began drifting lower. It sank to the day’s low of 22,304, which could act as a key support moving forward. Nifty recovered most of the losses in the last couple of hours to close 80 …
Today, the GE Power India share price zoomed over 8.52%, with the company’s current market capitalization standing at Rs 1,935.82 crore. Share Performance: On Monday, the stock opened at Rs 273.75, with the previous closing being Rs 265.35. The 52-week high and low are Rs 323.95 and Rs 98.90, respectively. Recent Development: GE Power India …
The Nifty commenced the April series and FY25 on a robust note, reaching a new pinnacle of 22,530, even as volatility dwindled to its lowest point in three and a half months. Media and Realty sectors stole the spotlight, closely followed by Metal, while Auto and FMCG sectors ended the day with marginal setbacks. Market …
Vijaya Diagnostic Centre and TVS Motor are identified as upside potential stocks based on technical analysis. 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 657.95 and Rs 2,139.65 respectively, their price aligns with positive signals from technical indicators …
These three equities’ volume gained significantly during Monday’s trading sessions, indicating potential bullish action. Here’s an in-depth look. Indian Overseas Bank Ltd The stock of Indian Overseas Bank saw a significant increase in price and volume, indicating heightened trading activity. This bounce back indicates stock price may start to rise again with higher volume on …
Superb Monday: It’s a sea of green on D-Street as the Sensex and Nifty have rallied nearly 0.50% on Monday. However, the performance by the broader market indices is noteworthy, with Nifty Mid-cap and Small-cap jumping 1.51% and 2.73%, respectively. Considering the outperformance by the broader market, the advance-decline stands firmly in favor of advances, …
Saregama India Ltd. Jumps 3.5%: During Monday’s market frenzy, one stock stole the spotlight is Saregama India Ltd., a familiar name in the Indian music industry, witnessed a staggering surge of about 3.5% in its stock price. However, what truly piqued everyone’s curiosity was the reason behind this sudden upswing, especially considering the stock’s recent …
In the Indian stock market, issuing bonus shares is a common practice. The specific regulations for bonus issues are set by the Securities and Exchange Board of India (SEBI). Companies also consider their own financial strategies when deciding to issue bonus shares. Bonus shares are a form of corporate action that leads to many benefits. …
