Strategic Partnership with Gotion Boosts Technology and Supply Chain A significant announcement during the call was the company’s comprehensive technology licensing agreement with Gotion InoBat Batteries (GIB), a subsidiary of Gotion High-Tech from China. This partnership grants Amara Raja access to Gotion’s robust LFP (Lithium Iron Phosphate) battery technology, including the less common cylindrical form …
SAR Televentures Ltd, a public listed company on the NSE Emerge platform, has signed a revenue-sharing agreement with Bharat Sanchar Nigam Limited (BSNL) to expand its service offerings. The agreement allows SAR Televentures to provide BSNL’s fixed, wireless, and broadband telecom services to end users in Mohali (Rural). This collaboration is a significant development for …
India’s general insurance industry is witnessing a significant surge, fueled by a growing demand for motor and health insurance policies. The first quarter of the financial year saw a robust 13.33% increase in gross written premium (GWP), with June alone reporting a healthy 8.76% increase. This positive trend reflects a growing awareness among Indian consumers …
The benchmark index S&P BSE 500 opened today at 36,544.14 and made its day high at 36,544.18, and it is trading in red today, down by around 1%. From the same space, these are the top 3 companies that outperformed the benchmark index and were up by more than 5% today. Rajesh Exports Ltd Shares …
On Monday, the benchmark indices were trading in the red with the Sensex down around 786 points or 0.98% at 79,565, while the Nifty-50 was down around 233 points or 0.96% at 24,198. About 835 shares have advanced; 2,848 declined and 140 are unchanged on the BSE. Top gainers and losers on the BSE Sensex …
Domestic indices experienced a significant downturn in today’s trading session, primarily impacted by notable losses in the metals, oil & gas, capital goods, and auto sectors. While all sectoral indices were trading lower, the FMCG and banking sectors were relatively less affected compared to others. At 10:40 am, the BSE Sensex plunged 1.02% reaching a …
The board of KDDL Ltd. has approved the company’s first-ever buyback of its equity shares. This significant corporate action will see KDDL repurchase up to 2.37 lakh equity shares, each with a face value of Rs 10, pending shareholder approval. Buyback Details and Premium Price The buyback price is set at Rs 3,700 per share, …
Monopoly stocks represent companies in the stock market with minimal or no competition, allowing them to dictate prices and enjoy significant control. These companies hold substantial market power, often influencing sector regulations and deterring new entrants due to high barriers or operational costs. These monopolies can be found in both government and private sectors, particularly …
The Indian economy is on an upward trajectory, and core sectors are leading the charge. These sectors, producing essential materials like steel, cement, power, and fertilizer, are witnessing significant capital expenditure (capex) plans, indicating a positive outlook for industrial activity. This surge in capex is being driven by a combination of factors, including government initiatives, …
On Tuesday, the market hit a record high, led by gains in the Autos and FMCG sectors. The Sensex rose by 0.49% to close above the 80,300 mark, while the Nifty gained 0.46%, closing above 24,400. In the sectoral landscape, Nifty Auto, Nifty Pharma, and Nifty PSU Bank were the top gainers, while Nifty IT …
