In the upcoming 2024 Lok Sabha election few smart investors are likely to bet on the stock in favour of the winning party. We already saw the trailer of the election results last week with BJP winning the elections in three states. So here we deep dive to make a Modi government-friendly stock portfolio: PSU …
Mahindra & Mahindra reported a 21% increase in domestic passenger vehicle sales at 32,588 units in June 2023, as compared to June last year. The company sold 26,880 units of passenger vehicles in June 2022. In a statement, Mahindra & Mahindra (M&M) said that its domestic sales of utility vehicles were at 32,585 units last …
Aerolloy Technologies, a wholly owned subsidiary of PTC Industries has inked a significant agreement with Dassault Aviation, the French manufacturer of the Rafale fighter jets. This multi-year deal marks a major milestone for India’s Make in India push, with Aerolloy set to produce the full range of titanium castings for the Rafale from 2024 onwards. …
Mazagon Dock Shipbuilders – Company profile Mazagon Dock Shipbuilders Ltd’s main focus lies in the construction, repair, and manufacturing of ships, submarines, different types of vessels, and associated engineering products for clients both within India and abroad. Originally established as a private company in 1934, it later came under the ownership of the Government of …
The border disputes, and strategic location in the Indian Ocean have made the Indian defence sector crucial for the security of the nation. In the past, India relied on imports for its defence supplies. However, with the focus on atmanirbhar (self-reliance), even the defence sector is witnessing a change in landscape with the boost in …
Bagging contract from the Ministry of Defence DroneAcharya Aerial Innovations has secured a pivotal contract from the Ministry of Defense, Department of Military Affairs, based in Bhalra, Jammu & Kashmir. The esteemed contract involves the supply of Drone Simulators and will be executed at NCPITS (CBS) Bhalra, Jammu & Kashmir. This contract marks a significant …
Adani Enterprises has announced that it is set to raise $1 billion through a Qualified Institutional Placement (QIP) to boost its green hydrogen projects, as a key part of the company’s strategy to establish itself as a leader in India’s renewable energy sector, particularly in the production of green hydrogen, which is essential for reducing …
The National Stock Exchange (NSE) of India, the country’s leading exchange, has demonstrated impressive financial performance for the first quarter of FY25. The consolidated revenue and net profit figures reflect significant growth, showcasing the exchange’s strong operational capabilities and market position. Surge in Operating Revenue NSE reported a consolidated operating revenue of Rs 4,510 crores …
In a significant move to enforce regulatory compliance, the Securities and Exchange Board of India (SEBI) has issued a notice to Karvy Stock Broking Ltd. (KSBL) and its Chairman and Managing Director, C Parthasarathy. The notice demands the payment of approximately Rs 25 crore within 15 days in connection with a case involving the misappropriation …
Sonata Software recently announced in a stock exchange filing that it has been chosen by Applied Systems, a prominent provider of cloud-based software for the insurance industry, to support its strategic technology projects. This partnership is set to enhance Applied’s platform engineering and enterprise modernization efforts, particularly in integrating with Microsoft Office365, thus reinforcing their …
