The benchmark index S&P BSE 500 opened today at 31,292.38 and made its day high at 31,489.76, and it is trading in green today, up by more than 1.30% From the same space, these are the top 3 companies that outperformed the benchmark index and were up by more than 7% today. IRB Infrastructure Developers …
Sapphire Foods India, the company behind the popular pizza chain Dominos, has received a significant boost. On March 20, 2024, the National Company Law Tribunal (NCLT) in Mumbai approved the merger of Gamma Pizzakraft Private Limited and Gamma Pizzakraft (Overseas) Private Limited with Sapphire Foods India. This move simplifies Sapphire Foods’ corporate structure and potentially …
After experiencing significant declines in multiple trading sessions, Indian benchmark indices saw a sharp upswing today, fuelled by robust gains in metals, power, capital goods, and energy sectors. The surge reflected strong investor optimism, which was also evident in the broader markets. At 10:30 am, the BSE Sensex climbed 0.99% reaching a level of 72,811. …
On Wednesday, the benchmark indices were trading in the green with the Sensex down around 720 points or 1% at 72,808, while the Nifty-50 was up around 228 points or 1.05% at 22,066. About 2,641 shares have advanced; 471 declined; and 112 are unchanged on the BSE. Top gainers and losers on the BSE Sensex …
Torrent Power Limited, a leading Indian power generation company, has taken a significant step towards strengthening its transmission infrastructure. The company recently signed a Share Purchase Agreement (SPA) with PFC Consulting Limited to acquire a 100% equity stake in Solapur Transmission Limited (STL), a special purpose vehicle (SPV), on March 20, 2024. Let’s delve deeper …
On March 20, 2024, ASM Technologies announced that the company plans to raise ₹170.1 crore through preferential allotment of equity shares and warrants. The company has already raised ₹70 crore out of the total planned fundraising of ₹170.1 crore. The remaining ₹100.1 crore will be received over the period of 18 months. Details of the …
Prominent jewellery and watch retailer Titan Company Ltd is planning to launch its CaratLane jewellery line in the US market in FY 2025. This move was initiated after the successful overseas launch of another famous brand, Tanishq, in 2020. Titan Company’s International Market Presence According to the Managing Director of Titan Company, C.K. Venkataraman, the …
A Legacy of Excellence In a momentous stride towards fortifying India’s power infrastructure, the Grid Controller of India, now rebranded as GRID-INDIA, has attained the esteemed stature of a Miniratna Category-I Central Public Sector Enterprise (CPSE). This accolade, bestowed by the Ministry of Power, Government of India, underscores GRID-INDIA’s pivotal role in sculpting the nation’s …
On March 20, 2024, the Nifty 50 rose by 0.10% to close at 21,839, while the Sensex increased by 0.12% to finish at 72,101. The US Central Bank’s monetary policy meeting is expected this week, potentially leading to market volatility. Foreign Institutional Investors (FII) experienced a sell-off of approximately ₹2,599 crore, whereas Domestic Institutional Investors …
HFCL, a leading Indian provider of telecommunication equipment and solutions, announced a significant expansion into the European market at the FTTH Conference 2024 in Berlin. The company plans to establish a state-of-the-art optical fibre cable (OFC) manufacturing plant in Poland. This strategic move underscores HFCL’s dedication to supporting Europe’s digital transformation by meeting the increasing …
