Italian Thai Development is considering selling its stake in ITD Cementation after seeing a 252% rally in the stock over the past year.ITD Cementation informed the stock exchange on July 3, 2024, that his promotor company, Italian-Thai Development Public Company Ltd., wanted to sell his stake in the company. The promotion company, Italian-Thai Development, has …
Alembic Pharmaceuticals Limited has informed the stock exchanges that the company has obtained tentative approval from the US Food & Drug Administration (US FDA) for its Abbreviated New Drug Application (ANDA) concerning Ivosidenib Tablets, 250 mg. This approved ANDA is deemed therapeutically equivalent to Tibsovo Tablets, 250 mg, the reference listed drug product (RLD) marketed …
Marico Limited announced in a stock exchange filing that it has partnered with Kaya. Marico will exclusively handle the sales and marketing of Kaya’s extensive range of over 75 science-based personal care products outside of Kaya’s clinics. This collaboration aims to leverage both companies’ established expertise and capabilities, unlocking untapped growth potential by enhancing the …
The Reserve Bank of India’s policy rates have a significant impact on fixed income returns. The key policy rates that make a significant impact on the fixed income market prices and their yields. The list of the policy rates and their current values as of July 2024 are as follows: Repo Rate: 6.50% Standing Deposit …
On Monday, the market built on Friday’s gains and closed at a record high. The market cap of BSE-listed companies reached a record Rs 455 lakh crore. The Sensex surged by 0.18% to close at 80,664.86, while the Nifty rose by 0.35% to a record high of 24,635.05. Among sectors, Nifty PSU Bank, Nifty Media, …
On Monday, the Indian benchmark indices concluded the trading day on a notably positive note, with the Sensex gaining by 0.18% to close at 80,664, and the Nifty rising by 0.35% to finish at 24,586. The broader market also experienced gains, as the Nifty Mid-Cap closed higher by 0.86%, and the Nifty Small-Cap soared by …
During Monday’s trading sessions, these three equities gained significantly with price and volume activity, indicating potential bullish action. Here’s an in-depth look. Bank of Maharashtra Ltd Bank of Maharashtra Ltd saw a significant trading volume of 11.62 crore shares today. The stock is currently trading at Rs 68.8, up from its previous close of Rs …
Based on technical analysis, Bajaj Auto & Supreme Industries are identified as upside potential stocks. Both stocks have displayed promising structures and technical setups, including price volume contraction, and the potential to bounce back and breakout. Currently trading at Rs 9,702.30 and Rs 5,787.50 respectively, their price aligns with positive signals from technical indicators like …
Food delivery companies Zomato and Swiggy have raised their platform fee for customers to ₹6 per order in key markets such as Bengaluru and Delhi. This marks a 20% increase from the previous fee of ₹5. In Bengaluru, Swiggy is also advertising a platform fee of ₹7, which is discounted to ₹6 at checkout. Both …
On July 15, 2024, Zen Technologies officially launched four innovative products in collaboration with its subsidiary, AI Turing Technologies, based in Pune. This significant announcement showcases the company’s commitment to advancing defence capabilities through proprietary technology. The new products—Hawkeye, Barbarik-URCWS (Ultralight Remote Control Weapon Station), Prahasta, and Sthir Stab 640—address a diverse range of defence …
