Today, the shares of J Kumar Infraprojects Limited plunged 1.27%. In contrast to this, the scrip witnessed a spurt in volume by more than 1.93 times. The company’s current market capitalization is Rs 4,820.65 crore. Recent development J Kumar Infra has clinched a significant project valued at Rs 912.3 crore for designing and constructing the …
On Wednesday, the market bounced back strongly to achieve a record-high close, with the Sensex rising by 0.55% and reaching a new peak of 74,151.28 points. The Nifty also surged by 0.53%, hitting a new record high of 22,497.20 points. Among the top performers were Nifty Bank, Nifty IT, and Nifty Pharma, while Nifty Media, …
These three equities gained significantly in today’s trading sessions, indicating strong bullish action. Here’s an in-depth look. Sadhana Nitro Chem Ltd Sadhana Nitro Chem Ltd has shown a significant bounce back from its 52-week low, currently trading at Rs 76.45, up by 7.37% from the previous close. It has faced resistance at Rs 84 and …
On Wednesday, March 6, 2024, morning at 10 AM, the share price of Samvardhana Motherson International fell about ~6% after the news that a block deal with about 4.7% equity is said to have changed hands. Samvardhana Motherson Block Deal Details While the deal details are not yet available on the exchanges, Sumitomo Wiring Systems, …
Oracle Financial Services Software and Indian Oil Corp are identified as upside potential stocks based on technical analysis. Both stocks have displayed promising technical setups, including price volume action before and a potential to breakout. Currently trading at Rs 7,903.10 and Rs 177.50 respectively, their price structures align with positive signals from technical indicators like …
Today, on March 6, 2024, the shares of Bharat Heavy Electricals Ltd (BHEL) fell around 6% despite the news that the heavy electrical equipment maker said it had bagged a ₹9,500 crore order from NTPC (National Thermal Power Corporation) Ltd. BHEL Bags NTPC Contract On Tuesday, BHEL announced that the company bagged a contract from …
Fairfax India Holdings Corporation a steadfast investor in IIFL Finance Limited, has stepped forward to provide crucial liquidity support in response to the recent Reserve Bank of India embargo on the company’s gold loan disbursements, effective March 5, 2024. About the agreement The RBI’s imposition of restrictions has prompted concerns among investors and lenders about …
The share price of Mahanagar Gas Ltd (MGL) slumped ~16.51% to the day low of ₹1,301.30 on Wednesday, March 6, 2024, at 1:01 PM after the reduction in compressed natural gas (CNG) prices by ₹2.5 per kg in and around Mumbai. The revised prices of CNG were ₹73.50 per kg effective from midnight of March …
India’s transportation industry is undergoing a significant transformation with a growing emphasis on green alternatives. One notable development is the increasing adoption of electric buses as part of the country’s ambitious green transport agenda. This article explores the key drivers, challenges, and opportunities surrounding the electrification of India’s bus fleet. Auto Manufacturers Embrace Electric Buses …
Today, on March 6, 2024, the share of South Indian Bank is to be on focus. This is a result of their rights issue, which was approved on February 21, 2024. The bank’s Board of Directors approved the rights issue to raise ₹1,151.01 crore. The record date was on Tuesday, February 27, 2024. South Indian …
