The Indian stock markets exhibited a positive bias on Tuesday. The Nifty50 index added 115 points to trade at 24,950, while the Sensex advanced by 375 points to reach 81,727. Among the indices, the Nifty Bank index outperformed with a 0.57% gain. Additionally, the broader indices, Nifty Midcap and Smallcap, hit fresh highs, indicating strong …
On July 29, 2024, the benchmark indices Nifty was up 0.01% to close at 24,836 and Sensex rose 0.03% to close at 81,355, respectively. Top Gainers and Losers On the sectoral front, Nifty PSU Bank, Nifty Media, Nifty Realty and Nifty Oil and Gas ended in the green. Meanwhile, Nifty IT and Nifty FMCG were …
Shares of PNB Housing Finance, a subsidiary of Punjab National Bank, fell over 2% in opening trade today, with a significant volume of 3.4 crore shares changing hands compared to a two-week average of 0.63 lakh stocks. This drop came amid news that private equity firm Carlyle was selling up to a 6.4% stake in …
Incorporated in 2003 by the Government of India, Rail Vikas Nigam Ltd. (RVNL) specializes in executing a wide array of rail infrastructure projects assigned by the Ministry of Railways (MoR). These projects encompass doubling, gauge conversion, new railway lines, electrification, construction of major bridges, workshops, and production units. Additionally, RVNL is involved in sharing freight …
Colgate-Palmolive (India) Limited is a subsidiary of Colgate-Palmolive Company, an American multinational consumer products company headquartered in the USA. The company is India’s leading provider of scientifically proven oral care products. The range includes toothpastes, toothpowder, toothbrushes, and mouthwashes under the Colgate brand, as well as a specialized range of dental therapies under the banner …
RITES Ltd, an enterprise under the Ministry of Railways, announced on Monday a strategic partnership with the National Highways Authority of India (NHAI). This collaboration aims to deliver comprehensive consultancy services for NHAI projects, specifically focusing on highways, bridges, tunnels, and road safety audits. Comprehensive Consultancy Services In a recent exchange filing, RITES highlighted the …
On July 26, 2024, Tata Power Company Ltd announced via a stock exchange filing that its subsidiary Tata Power Solar Systems Limited (TPSSL) has teamed up with the Bank of India (BOI) to offer financing for rooftop solar installations and electric vehicle (EV) charging stations. This collaboration makes TPSSL the first solar company to partner …
The Nifty Midcap 100 index has had an impressive run, delivering about a 55% return in the past year. However, not all midcap stocks have shared in this success. Some have significantly underperformed the benchmark, earning them the dubious title of “wealth destroyers.” Let’s take a closer look at the top five midcap stocks that …
On July 26, 2024, Trident Limited announced its Earnings for the first quarter ended June 30, 2024. Financial Performance The company’s standalone total income for Q1FY25 reached ₹1,749.6 crore, marking an 18.36% increase compared to the same quarter last year and a 2.94% rise from the previous quarter. The standalone Earnings Before Income, Depreciation, Tax, …
Overview of Max Financial Services Ltd Max Financial Services Ltd is a prominent entity within the Max Group, with a significant stake in Max Life Insurance Company Limited. This joint venture with Axis Bank Limited offers comprehensive protection and long-term savings life insurance solutions. Max Life Insurance distributes its products through a multi-channel approach, including …
