Indian benchmark indices have recovered smartly from the lower levels with Nifty trading above 18,300 mark. Amidst recovery from the lower levels, there are some stocks which have hit fresh record high on the bourses and one such stock is Mold-Tek Technologies Ltd. Mold-Tek Technologies is engaged in providing Civil & Mechanical Engineering Services. The …
Indices witnessed selling pressure from Thursday’s high and today also they are trading with volatile moves. Somehow, they recovered more than 80 points sharply from day’s low. The Capital Goods sector outperformed the benchmark index and one stock from the same sector is now near to its multi year technical breakout level. The stock is …
Balu Forge Ltd has recently announced its quarterly and annual results for the year ended March 31, 2023. In terms of the quarterly results (Q4FY23), the company witnessed significant growth across various metrics. The revenue from operations amounted to Rs 123.78 crore, indicating a substantial increase of 50.42% quarter-on-quarter (QoQ). The Profit Before Depreciation and …
For the fourth quarter that concluded on March 31, 2023, the company’s consolidated net profit increased from Rs 113.45 crore for the same quarter the previous year to Rs 427.40 crore, 276% rise in profit. The company’s overall revenue in Q4FY23 increased from Rs 5,615.49 crore in the same period the previous year to Rs …
Burger King shares made a stellar debut at the exchanges, where its price nearly doubled during trading on Monday. The shares traded at 94 percent and 87.5 percent premium respectively on BSE and NSE, and about 205.89 million equity changed hands on the first day of trading. Burger King was the third company to receive …
On 4 February 2022, the shares of the State Bank of India (SBI) achieved a new 52-week high at Rs. 546.40 apiece. SBI shares began with a Rs. 2 increase per share and continued to rise till they got a new 52-week high in their early morning trades. However, it would end at Rs. 10.65 …
The Issue of HDFC Weightage HDFC and HDFC Bank have been in the news for some time now in relation to their merger into HDFC Bank which is slated to take place in June-July. However, the deal that was expected to bring about financial prosperity seems to be having a hiccup this week. The Morgan …
India’s National Stock Exchange (NSE) halted trading for over four hours, in what is now seen as the longest such outage in the country, because of a technical glitch. Trading resumed around 3.30, and an unprecedented extension led to both the NSE and the BSE (Bombay Stock Exchange) functioning till 5 pm. Around 10 am …
In the previous week, FM Nirmala Sitharaman proposed Budget 2022-23, when the stock market gained over 2 percent. After two weeks of consistently falling, the markets had ended the week positively though the volatility remained high. The BSE’s Sensex gained more than 1400 points to end at 58,644.82 whereas the NSE’s benchmark index Nifty50 went …
The BSE benchmark indices Sensex and Nifty gained 0.80 and 0.85 per cent respectively at close on Monday, after trading resumed following the Diwali weekend. While the Sensex gained 478 points to close at 60,545.6, the Nifty gained over 151 points closed at 18,068.55 on November 8. Speaking about the sectoral indices, many of them …
