If you are a long-term investor, then investing in banking stocks can be a good choice to build wealth. Banks are an integral part of any economy, providing essential financial services such as loans, savings accounts, mortgages, and investment products. Banking stocks often attract both conservative investors looking for stable returns and more aggressive investors …
On April 4, 2025, UCO Bank shares rose by 2.63%, reaching an intraday high of ₹31.19 per share. The stock gained after the bank released a positive Q4 business update. Q4FY25 Business Growth UCO Bank reported a 14% year-on-year (YoY) growth in total business, reaching ₹5.13 trillion in Q4FY25, compared to ₹4.50 trillion in Q4FY24. …
Gensol Engineering Ltd experienced significant volatility in today’s trading session, hitting a new 52-week low of ₹150.10 before rebounding to its upper circuit limit of ₹165.90. The stock surged by 5% intraday, with trading volumes spiking over 5.34 times the average, indicating heightened market activity. Credit Rating Downgrade and BluSmart Concerns Weigh On March 4, …
Ola Electric has launched #HyperDelivery, a first-of-its-kind initiative that enables same-day vehicle registration and delivery. The company stated in the exchange filing that the pilot phase has commenced in Bangalore and will be gradually expanded across India this quarter in a phased rollout. Customers can now purchase their Ola electric vehicle online or at an …
HDFC Bank, India’s largest private lender, reported a 14.1% year-on-year (Y-o-Y) increase in deposits for Q4, reaching ₹27.15 trillion. On a quarterly basis, deposits grew by 5.9%. The bank’s average deposits also saw a 16% Y-o-Y rise and a 3.1% increase from the previous quarter, totalling ₹25.28 trillion. Slower Growth in Advances The bank’s gross …
GIFT Nifty, a key indicator for Indian markets, was down 123.5 points (-0.53%) at 23,191 as of 08:48 AM. This suggests a weak market opening amid cautious investor sentiment. In the previous trading session, the Sensex declined by 322.08 points (-0.42%) to close at 76,295.36, while the Nifty 50 fell by 82.25 points (-0.35%) to …
Shilpa Medicare Limited, a leading pharmaceutical company, has expanded its global footprint with the launch of BORUZU™ (Bortezomib for Injection 3.5mg/1.4ml) in the United States. Partnering with Amneal Pharmaceuticals, this launch marks a significant step in providing more efficient and accessible oncology treatments. The ready-to-use formulation aims to enhance patient care by reducing preparation time …
As per the latest clarification by the Central Board of Indirect Taxes and Customs (CBIC), restaurants located within hotels that charge over ₹7,500 per day for rooms are now categorised as operating within “specified premises”. Consequently, restaurant services in such establishments will attract an 18% Goods and Services Tax (GST), with the benefit of input …
MAN Industries (India) Limited announced a noteworthy achievement—its inclusion in the approved vendor list of Qatar Energy LNG, one of the world’s largest producers of liquefied natural gas (LNG). This development signals the company’s enhanced position in the global energy supply chain and highlights its proven capabilities in manufacturing high-quality steel pipes and anticorrosion coatings. Qatar …
Lemon Tree Hotels Limited, one of India’s leading hospitality chains, has announced the signing of a new licence agreement for a hotel property in Jaipur, Rajasthan. As of 1:53 PM, the share price of Lemon Tree Hotels is trading higher by 2.28% at ₹144.03. Property Details and Strategic Location The upcoming Lemon Tree Hotel, Jaipur, will be …
