The blue-chips in India saw minimal movement on Thursday, while the small- and mid-caps saw gains as the market took a break following the previous session’s steep decline due to concerns over the outcomes of a stress test on specific mutual fund schemes. As of now, the blue-chip Nifty 50 was in green at 22,147, …
In the vast world of stocks, some companies stand out for their sheer number of outstanding shares. These “high-float” stocks, with billions of shares circulating in the market, can hold significant sway over market indices and attract a wider range of investors. This article delves into the intriguing realm of companies with the highest number …
Today, shares of Royal Orchid Hotels Limited surged by over 4.88%, with the company’s current market capitalization standing at Rs 949.87 crore. Recent Development: Royal Orchid Hotels Limited has embarked on an ambitious expansion strategy by signing a management agreement for a new 5-star hotel in Surat, Gujarat. Collaborating with Hindva Hospitality, LLP, ROHL will …
On March 13, 2024, the central bank of the Nation, the Reserve Bank of India (RBI), imposed monetary penalties on the Bank of India, private lenders Bandhan Bank and Indostar Capital Finance Limited. Penalty by RBI RBI imposed a monetary penalty of ₹1,40,76,000 on Bank of India for non-compliance with certain directions issued by RBI …
On Wednesday, March 13, 2024, US-based financial services company Capital Group bought a 1% stake in APL Apollo Tubes through an open market transaction. Details of the Purchase Financial service provider Capital Group acquired the shares of APL Apollo Tubes on the NSE through its affiliate New World Fund Inc. Capital Group is one of …
The Indian equity market witnessed a significant downturn recently, driven by concerns raised by the securities regulator regarding overheating and froth in smaller stocks. This article explores the factors contributing to the market turbulence and the regulatory response to mitigate risks. Market Downturn Indian equities experienced a notable setback as smaller stocks faced their worst …
On March 13, 2024, one of the leading commercial and passenger vehicle manufacturers, Tata Motors Ltd, stated in an exchange filing about the signing of a facilitation Memorandum of Understanding (MoU) with the Government of Tamil Nadu to develop a manufacturing facility in the state. As a result of this MoU, the company will establish …
On Thursday, the benchmark indices were trading in the green with the Sensex up around 195 points or 0.27% at 72,965, while the Nifty-50 was up around 86 points or 0.39% at 22,095. About 2,548 shares have advanced; 1,116 declined; and 115 are unchanged on the BSE. Top gainers and losers on the BSE Sensex …
On Wednesday, pipe manufacturer Man Industries (India) Ltd announced that the company had allotted 46.32 lakh shares to marquee investors and financial institutions. Key Investors and Allocation Details On March 13, 2024, Man Industries Ltd allotted 46.32 lakh shares at ₹367 per share, amounting to approximately ₹170 crore. On March 13, 2024, Man Industries (India) …
The benchmark index S&P BSE 500 opened today at 30,910.88 and made its day high at 31,381.35, and it is trading in green today, up by more than 0.90% From the same space, these are the top 3 companies that outperformed the benchmark index and were up by more than 9% today. BLS International Services …
