Despite struggling in the early trades, Indian headline indices experienced a closing rally and eventually rose strongly as a result of significant gains in the FMCG and banking sectors. The BSE Sensex soared 0.71% to 67,571 level at the close. The Nifty 50 index climbed 0.74% to a level of 19,979. Rail Vikas Nigam Ltd, …
The Indian headline indices fluctuated between modest gains and losses but ended the session with a significant decline. The worst-performing sectors were BSE Fast Moving Consumer Goods and BSE Bankex, while capital goods, power and utility sector stocks attempted to lift the market. Broader indices significantly outperformed the main indices. Shares of Supreme Industries, one …
On July 01, 2024, Protean eGov Technologies Limited, formerly NSDL eGovernance Infrastructure Limited and listed as PROTEAN on the BSE, launched eSignPro, a state-of-the-art digital signature and stamping product. Designed to be the most comprehensive offering in its field, eSignPro integrates electronic signing and stamping with a suite of smart documentation tools. Features and Benefits …
JSW Steel Limited has announced the initiation of a pilot demonstration with JFE Steel Corporation to implement cloud-based Cyber-Physical System (CPS) technologies at its Vijayanagar Works. This innovative project aims to leverage data science in a cloud environment to optimise blast furnace operations and improve steel manufacturing efficiency. It marks the first instance of JFE …
Awfis Space Solutions, a leading provider of flexible workspace solutions in India, has set ambitious growth targets for the current fiscal year (FY25). The company aims to expand its portfolio by a substantial 50%, reaching a total of 1,35,000 operational seats by year-end. This significant expansion will be driven primarily by the managed office space …
On July 01, 2024, Coal India Limited (CIL) announced that it had increased its coal production to 189.3 million tonnes (MTs) in the first quarter ending June FY 2025, which is 13.8 MTs more than the same quarter last year, showing nearly 8% growth. Last year’s production for the same period was 175.5 MTs. Meeting …
On June 29, 2024, Craftsman Automation Ltd finalised the purchase of the remaining 24% equity stake, amounting to 2,70,83,884 equity shares with a face value of ₹10 each of DR Axion India Pvt. Ltd. After acquiring 100% equity shares of DRAIPL, effective from July 1, 2024, it will become a wholly owned subsidiary of our …
On July 1, 2024, Sprayking Limited announced the issuance of a 1:1 bonus share (100% Bonus), marking a significant milestone in its journey of growth and investor appreciation. Established in 2005 within the agro-equipment sector, Sprayking Limited has consistently demonstrated a commitment to innovation and excellence. Its initial listing on the BSE SME platform in …
On July 01, 2024, Dynacons Systems & Solutions Limited (Dynacons) is proud to announce that it has been recognised as one of “India’s Leading Listed ESG Entities 2024” by Dun & Bradstreet (“D&B”). This honour highlights Dynacons’ dedication to Environmental, Social, and Governance (ESG) principles. Dynacons is featured in D&B’s publication, “ESG Champions of India …
The Indian retail sector offers a diverse range of investment opportunities, with companies demonstrating varying degrees of financial performance and growth potential. This analysis focuses on market capitalisation, sales and profit growth, operating and net profit margins, cash flow from operations (CFO), inventory turnover ratios, and return ratios to identify the top retail stocks in …
