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Navratna Companies in India: Eligibility Criteria and Stock Performance

Navratna Companies in India: Eligibility Criteria and Stock Performance

11 October 2023

Navratna Companies are a group of companies in the Central Public Sector Enterprises (CPSEs) that have enhanced financial autonomy. The Government of India initially awarded the Navratna status to nine public sector undertakings (PSUs) in 1997. Over the years, the list of Navratna Companies has expanded to 13 (listed companies only), including some top PSUs …

HGS UK Partner With Government To Transform Public Services

HGS UK Partner With Government To Transform Public Services

5 September 2023

On Tuesday, the shares of Hinduja Global Solutions closed at Rs 1030.05, up by 1.57% from its previous closing of Rs 1014.15 on the BSE.  Hinduja Global Solutions’ (HGS) subsidiary — HGS UK has entered into a strategic partnership with the Government Digital Service (GDS) in the UK, to provide contact centre support for GOV.UK …

Today shares of Jio Financials Services rallied and surged upto 9%

Today shares of Jio Financials Services rallied and surged upto 9%

4 September 2023

Jio Financial Services Ltd a recent debutant in the financial market continues to make waves as its shares surged. The stock climbed an impressive 8.84%, reaching an intra-day high of Rs 267 on the BSE, compared to its Friday closing price of Rs 245.30. In a significant move, the Bombay Stock Exchange (BSE) has revised …

Ramkrishna Forgings bags order worth Rs 156 crore, stock rallies 4%

Ramkrishna Forgings bags order worth Rs 156 crore, stock rallies 4%

24 August 2023

Ramkrishna Forgings Limited, a prominent player in supplying forged components for automobiles, has announced that the company has received an order.  As per the filling report, the company has received an order worth Rs 156 crore (17.2 million Euros) from a Eurasian customer in the farm equipment industry. This contract is set to span four …

Jio Financial Services hits back-to-back 5% lower circuit; why is it falling?

Jio Financial Services hits back-to-back 5% lower circuit; why is it falling?

23 August 2023

Jio Financial Services Limited’s shares have experienced a two-day streak of hitting the lower circuit. Today, the stock began trading at Rs 227.25 per share, marking a 5% decline from the previous day’s closing price of Rs 239.20 on the BSE. Throughout the day, the shares remained at the same price, with no buyers interested …

Shares of Coffee Day Enterprises jump 18%; Is an upward trend brewing?

Shares of Coffee Day Enterprises jump 18%; Is an upward trend brewing?

17 August 2023

Coffee Day Enterprises’ shares experienced a significant surge today. The trading began at Rs 39.01, remaining unchanged from the previous day’s closing price. During the intraday session, the stock demonstrated a substantial 18% surge, accompanied by significant trading volume. Upon analysing today’s share volumes, it’s evident that there has been a considerable increase of over …

Jubilant Pharmova defies market trends; surges over 11% on breakout day with record volumes

Jubilant Pharmova defies market trends; surges over 11% on breakout day with record volumes

11 August 2023

Amidst the fluctuating market trends, Jubilant Pharmova emerged as a defensive powerhouse, surging 11% in a historic trading spree. Jubilant Pharmova Ltd., a prominent player in the realm of basic organic chemicals, demonstrated its mettle as a robust defensive stock by orchestrating an impressive rally of more than 11%. This surge was fueled by an …

Caplin Point Surges on Strong Q1FY24 Results, Achieves 52-Week High

Caplin Point Surges on Strong Q1FY24 Results, Achieves 52-Week High

9 August 2023

On Tuesday, Caplin Point Laboratories Ltd shares rose over 11% after the company reported robust results for the June quarter. The company’s net sales increased by 14.14% to Rs 395.32 crore in Q1FY24 as compared to Rs 346.33 crore in the same quarter the previous year. PBIDT, excluding other income, increased by 23.83% to Rs …

These 3 Stocks from BSE 500 Surge Over 8% Today, 1 August 2023

These 3 Stocks from BSE 500 Surge Over 8% Today, 1 August 2023

1 August 2023

The benchmark index S&P BSE 500 opened today at 27,082.07 and made its day high at 27,137.43 and it is trading almost flat, down by around 0.04%                          From the same space, these are the top 3 companies that outperformed the benchmark index and were up by more than 8% today. …

These 3 stocks from BSE 500 jumped over 7% today; do you own any?

These 3 stocks from BSE 500 jumped over 7% today; do you own any?

31 July 2023

The benchmark index S&P BSE 500 opened today at 26,907.48 and made its day high at 27,026.59 and it is trading in green, up by more than 0.42%. From the same space, these are the top 3 companies that outperformed the benchmark index and were up by more than 7% today. Shares of Hindustan Copper …

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