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In an extraordinary display of tax compliance, India’s Income Tax Department has achieved an unprecedented milestone by receiving a staggering 7.85 crore Income Tax Returns (ITRs) for all assessment years up to October 31, 2023. This remarkable achievement underscores the efficiency and growth of India’s taxation system. 11.7% Year-on-Year Growth in ITR Filings The numbers …

Kaynes Technology India Limited has delivered multibagger returns to its shareholders in the past year. During this period, the company’s share price surged from Rs 689.95 on November 22, 2022, to Rs 2355 on October 30, 2023, representing an increase of over 200% in a one-year holding period. An investment of Rs 1 lakh in …

Shakti Pumps Limited, a prominent company engaged in the manufacturing of various types of pumps, experienced a significant increase in its share price today. The company is well-known for providing advanced water pumping solutions for a wide range of applications, including irrigation, horticulture, domestic water supply, and commercial and industrial use. The stock opened trading …

In recent times, the stock market has been a rollercoaster ride with benchmark indices meandering in a range, reacting to global events with gap openings, and then settling into trading within that range. Amid this, one stock has managed to leave market participants in awe with its splendid performance: Gujarat Mineral Development Corporation (GMDC). GMDC’s …

NSE USD INR (Technical): NSE USDINR Oct as seen in the weekly chart above has opened the week gap down at 83.30 levels. Same day of the week price rallied and made weekly high of 83.35 levels. Later on, price could not able to sustain on higher levels, it has corrected sharply and made a weekly …

Cholamandalam Investment & Finance Company Limited has delivered multibagger returns to its shareholders in the last three years. During this period, the company’s share price jumped from Rs 237.25 on October 16, 2020, to Rs 1258.80 on October 13, 2023, an increase of about 400% in a three-year holding period. An investment of Rs 1 …

Nifty 50 opened with a gap up on October 11, 2023, and maintained its bullish momentum throughout the day, closing higher than its opening price. It achieved higher highs and higher lows, which are all bullish signals. The index closed at 19,811.35, up 121.5 points (0.62%) from the previous day’s close. Out of the Nifty …

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 …

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 …

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 …