On March 27, 2024, State-owned REC Ltd informed in an exchange filing that the company’s board had approved an overall borrowing limit of ₹1,60,000 crore for 2024-25. Breakdown of Borrowing Limit On Wednesday, REC Ltd’s board held a meeting and approved a borrowing limit of ₹1.6 lakh crore, which includes ₹1,45,000 bonds and term loans, …
Dynacons Systems and Solutions Limited is an information technology (IT) solutions company engaged in systems integration, including the sale of IT products and services. Its segments include System Integration and Technology Workforce Augmentation Services. There is a significant surge in the Dynacons Systems and Solutions share price today. Share Performance At the start of the …
On March 27, 2024, the Board of National Hydroelectric Power Corporation (NHPC), a leading renewable energy producer in India, approved a significant capital infusion of ₹6,100 crore. For this, the company will issue secured/ unsecured, redeemable, taxable, non-cumulative non-convertible Corporate Bonds in one or more series/tranches on a private placement basis and/or raising of Term …
About the PPA Adani Power Limited (APL) has recently achieved a significant milestone in the power sector as its subsidiary Mahan Energen Limited (MEL) secured a substantial long-term Power Purchase Agreement (PPA) with Reliance Industries Limited (RIL). MEL, a wholly-owned subsidiary of APL has entered into a 20-year PPA with RIL for 500 MW of …
On Thursday, the benchmark indices were trading in the green with the Sensex up around 545 points or 0.75% at 73,543, while the Nifty-50 up around 166 points or 0.75% at 22,290. About 2,342 shares have advanced; 1,091 declined; and 131 are unchanged on the BSE. Top gainers and losers on the BSE Sensex index: …
In the hunt for explosive growth, investors often turn to multibagger stocks – companies that deliver exceptional returns. But how do you find these hidden gems while minimizing risk? This article explores the exciting world of low PE multibaggers. We’ve identified five companies trading at a Price-to-earnings ratio below 10. We have focused on companies …
Today, domestic indices continued their robust rally, spearheaded by the Bajaj twins and marked by substantial gains in the utilities, power, capital goods, and financial services sectors. This optimism was echoed in the broader markets as well. At 10:05 am, the BSE Sensex soared 0.82% reaching a level of 73,597. The Nifty 50 index climbed …
On March 27, 2024, Biocon Ltd informed that the company got approval for a diabetes drug in the UK. Details of the Drug Approval On Wednesday, global biopharmaceuticals company Biocon Ltd stated in an exchange filing that the company got acceptance from the Medicines and Healthcare Products Regulatory Agency (MHRA), U.K., for a diabetes drug. …
IDFC First Bank is engaged in the business of banking services. It was founded by the merger of erstwhile IDFC Bank and erstwhile Capital First in December 2018. The company’s shares are in the spotlight today due to a block deal. A block deal valued at Rs 1,386 crore took place on the exchanges. Around …
On March 27, 2024, the Nifty 50 rose by 0.54% to 22,123, and the Sensex increased by 0.73% to 72,996. Foreign investors bought shares worth around ₹2,170 crores, while domestic investors bought shares worth ₹1,197 crores. Top Gainers and Losers On March 27, 2024, sectors like Nifty Realty, Nifty Consumer Durables, Nifty Private Bank and …
