After starting the trading session flat, Indian headline indices witnessed a sudden drop, impacted by losses in the banking, financial services, real estate and healthcare sectors. Despite this decline, broader indices were trading notably higher today. The BSE Small-cap Index attracted investors with its notable uptrend in an otherwise weak market. At 10:55 am, the …
Based on technical analysis, Indian Railway Catering & Tourism Corp & Wealth First Portfolio Managers 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 1,038.50 and Rs 832.15 respectively, their price aligns with …
On Thursday, the benchmark indices were trading in the green with the Sensex up around 82 points or 0.10% at 80,000, while the Nifty-50 was up around 25 points or 0.10% at 24,350. About 2,113 shares have advanced; 982 declined and 111 are unchanged on the BSE. Top gainers and losers on the BSE Sensex …
Tata Consultancy Services (TCS) has reported its first-quarter results for FY25, aligning closely with market expectations. The company recorded a consolidated net profit of Rs.12,040 crore, marking around 8.7% – 9% y-o-y increase from Rs.11,074 crore in Q1FY24. Revenue from operations grew by 5.4% to Rs.62,613 crore, compared to Rs.59,381 crore in Q1FY24 and 4.4% …
JSW MG Motor, one of the leading names in automobile manufacturing, has partnered with Shell India for EV charging expansion across India. This collaboration aims to provide consumers with fast charging options in cities and along long-distance routes to enhance the electric charging infrastructure. JSW MG Motor India currently operates a manufacturing plant in Halol, …
Revolt Motors, a subsidiary of Rattanindia Enterprises Ltd and India’s leading electric motorcycle company, roared into the spotlight at Sri Lanka’s inaugural Electric Vehicle Motor Show (EVMS) 2024. Held from June 28th to 30th at the Bandaranaike Memorial International Conference Hall (BMICH), the event marked a significant milestone in Sri Lanka’s journey towards sustainable transportation. …
On July 10, 2024, SG Finserve Limited announced financial results for the quarter ended June 30, 2024, via a stock exchange filing. SG Finserve Limited (SGFL) has reported a Profit After Tax (PAT) of ₹19.39 crore for Q1FY25. Management expressed satisfaction in sharing the results for the quarter, marking 22 months since the company commenced …
On Wednesday, the benchmark market closed in the red but significantly off its lows, with major selling observed in banks and autos. The Sensex traded 0.88% lower, while the Nifty plunged by 0.83%. Nifty FMCG was the only major sector trading positively. In contrast, Nifty Auto, Nifty Metal, and Nifty Media were the major underperformers. …
During Wednesday’s trading sessions, these three equities gained significantly with price and volume activity, indicating potential bullish action. Here’s an in-depth look. PC Jeweller Ltd PC Jeweller Ltd has shown strong performance today, with a high of Rs 67.75 and a significant traded volume of 2.02 crores. The stock is currently trading at Rs 66.63, …
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 …
