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Cabinet Approval Paves the Way for India’s AMCA Fighter Jet

Cabinet Approval Paves the Way for India’s AMCA Fighter Jet

11 March 2024

The Cabinet Committee on Security (CSS) has approved ₹15,000 crore fifth-generation Advanced Medium Combat Aircraft (AMCA) fighter jet project for the Indian Air Force (IAF). This project is under the Aeronautical Development Agency (ADA) under the Defence Research and Development Organisation (DRDO). ADA will be collaborating with Hindustan Aeronautics Limited (HAL) to manufacture the prototypes …

These 3 stocks from BSE 500 jumped over 6% today; do you own any?

These 3 stocks from BSE 500 jumped over 6% today; do you own any?

11 March 2024

The benchmark index S&P BSE 500 opened today at 32,380.64 and made its day high at 32,383.00, and it is trading in red today, down by more than 0.40% From the same space, these are the top 3 companies that outperformed the benchmark index and were up by more than 6% today. KEC International Ltd …

Indiabulls Housing Finance launched its NCDs issue with CRISIL AA/Stable Ratings

Indiabulls Housing Finance launched its NCDs issue with CRISIL AA/Stable Ratings

11 March 2024

Indiabulls Housing Finance Limited offered secured, redeemable, non-convertible debentures (secured NCDs) named Indiabulls Housing Fin. Tranche V NCD Jan 2024. The issue is open for subscription between March 5 and March 19, 2024. The base issue size was Rs 100 crore, with an option to oversubscribe for another Rs 100 crore, bringing the total tranche …

Insight Into Adani Group’s ₹60,000 Crore Capex For Aviation Sector

Insight Into Adani Group’s ₹60,000 Crore Capex For Aviation Sector

11 March 2024

The Adani Group, a prominent Indian conglomerate, has set its sights on significant growth within the aviation sector. They recently unveiled an ambitious plan to invest a whopping ₹60,000 crore into their existing airport portfolio over the next 5-10 years. This move indicates the commitment of the Adani Group to transform India’s aviation landscape and …

InterGlobe Aviation Records Block Deal of 2.6 Crore Shares

InterGlobe Aviation Records Block Deal of 2.6 Crore Shares

11 March 2024

InterGlobe Aviation Ltd (IndiGo), India’s largest passenger airline engaged in providing airline services in both the passenger and commercial segments, is in the spotlight today due to block deals incurred in the company’s shares during the morning trading session. Block Deal: In today’s morning trading session, around 2.6 crore shares, representing a 6.7% stake, were …

Vedanta Ltd Faces SEBI Warning: Action Required on Corporate Disclosure

Vedanta Ltd Faces SEBI Warning: Action Required on Corporate Disclosure

11 March 2024

The mining giant Vedanta Ltd is in focus on March 11, 2024, as it received a warning letter from the market regulator Securities and Exchange Board of India (SEBI) for publishing information related to its unlisted ultimate holding company. The letter asked the mining conglomerate to strengthen its internal control for corporate announcements and press …

Upper Circuit Stocks Today – 11 March, 2024

Upper Circuit Stocks Today – 11 March, 2024

11 March 2024

On Monday, the benchmark indices were trading in the red with the Sensex down around 201 points or 0.27% at 73,213, while the Nifty-50 was up around 44 points or 0.2% at 22,449. About 1,284 shares have advanced; 2,406 declined; and 179 are unchanged on the BSE. Top gainers and losers on the BSE Sensex …

Market Movers: Here are today’s high-volume buzzers!

Market Movers: Here are today’s high-volume buzzers!

11 March 2024

Today’s trading session began with domestic indices slightly lower, impacted by losses in the information technology, telecommunications, and banking sectors. However, the BSE Mid-cap Index showed significant outperformance compared to the main indices, the BSE Small-cap Index notably tumbled. At 10:00 am, the BSE Sensex declined 0.16% reaching a level of 74,001. The Nifty 50 …

Dwarikesh Sugar Industries Announces 1.59% Equity Buyback

Dwarikesh Sugar Industries Announces 1.59% Equity Buyback

11 March 2024

On March 8, 2024, The board of directors of Dwarikesh Sugar Industries Ltd held a meeting and approved a buyback of shares not aggregating more than ₹31.50 crore. Dwarikesh Sugar Industries’ buyback price has been fixed at ₹105 per equity share. The board of Dwarikesh Sugar Industries Ltd evaluated and approved the buyback of up …

Share Market Pre Open Updates – March 11, 2024

Share Market Pre Open Updates – March 11, 2024

11 March 2024

On March 11, 2024, the Nifty 50 rose by 0.09%, reaching 22,493, while the Sensex increased by 0.05%, closing at 74,119. Foreign Institutional Investors (FIIs) and Domestic Institutional Investors (DIIs) were seen in buying activity of about ₹7,304 crore and ₹2,601 crore worth of investments, respectively. Top Gainers and Losers On March 7, 2024, Nifty …

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