The coal sector in India has emerged as a cornerstone of industrial expansion, showcasing robust growth and significant contributions to the nation’s economic landscape. According to the latest data from the Index of Eight Core Industries (ICI) released by the Ministry of Commerce & Industries, the coal industry has demonstrated the highest growth rate of …
On July 4, 2024, Sterling Holiday Resorts Limited, a wholly owned subsidiary of Thomas Cook (India) Limited (TCIL), announced via a stock exchange filing that Sterling Puri was honoured as the Best Destination Wedding Venue (East) at the recent ET MICE and Wedding Tourism Awards 2024. This prestigious award recognises excellence in hosting Meetings, Incentives, …
Mazagon Dock Shipbuilders Limited (MDL), formerly called Mazagon Dock Limited, is a shipyard situated in Mazagaon, Mumbai. It manufactures warships and submarines for the Indian Navy and offshore platforms and associated support vessels for offshore oil drilling. It also builds tankers, cargo bulk carriers, passenger ships, and ferries.MDL is a public sector undertaking and is …
Shares of Ahluwalia Contracts, a leading construction-engineering company, soared by approximately 16%, reaching a record high of Rs.1,520 per share today following the announcement of a contract win from the Airports Authority of India (AAI). Ahluwalia Contracts’ shares have exhibited a remarkable 91% increase year-to-date, reflecting an impressive 336% gain over the past five years. …
Bank of Maharashtra (BoM) has announced its business update for Q1FY25, showcasing growth across different financial metrics. The bank’s total deposits surged by 9.44%, reaching Rs.2.67 lakh crore as of June 30, 2024, up from Rs.2.44 lakh crore in the same period last year. Despite a slight decline from the Rs.2.70 lakh crore recorded in …
LIC increased its stockholding in one of the upcoming leading banks, IDFC, by 2.68%, with a per-share value of 80.63. They got it via a private placement offer (PPO).LIC, India’s largest insurance company, finds its potential in the IDFC Bank, where previously LIC held 1.42 crore shares and has now increased to 20.02 crore. The …
The market is buzzing with optimism, and several companies are leading the charge with sky-high revenue guidance. We are diving into the top 5 players projecting a staggering growth of over 50%. From industry disruptors to established giants, these companies are betting big on the future, and their confidence is a beacon for investors seeking …
Macrotech Developers Limited, known for its Lodha brand, released its business update for the first quarter (Q1) of the financial year 2025 (FY25), ending June 30, 2024. The report highlights positive growth across key metrics, coupled with strategic business development initiatives. Robust Pre-Sales and Collections Macrotech achieved a noteworthy pre-sales figure of ₹40.3 billion in …
On July 5, 2024, Kalyan Jewellers India Limited announced their financial performance for the quarter ended June 30, 2024. The company announced that Q1 FY 2025 has been highly satisfying. It showcased robust operating performance across all markets in India and the Middle East despite significant volatility in gold prices and a strong base quarter. …
HDFC Bank today released its business update for the first quarter of the financial year 2025 (Q1 FY25), ended June 30, 2024. The report highlights significant growth across key metrics, with some adjustments made to account for the recent merger with HDFC Limited. Loan Portfolio Expansion HDFC Bank’s gross advances increased substantially by 52.6% year-on-year …
