On March 3, 2025, NTPC Green shares broke their 5-day losing streak by gaining ~1%, reaching a day high of ₹89.15 at 11:23 AM, after opening at ₹88.81 on BSE. After a cumulative fall of ~20%, NTPC Green shares came into positive territory. The shares of NTPC Green are currently trading near their 52-week low of ₹84.60. …
Solar Industries announced on Friday, February 28, that it, along with its subsidiary, has secured orders worth ₹2,150 crore for the supply of defence products. The orders were awarded by an international entity and are set to be completed over the next six years. This follows a similar deal in December 2024 when the company …
Telecom infrastructure provider RailTel Corporation of India Ltd announced on Friday (February 28) that it has received two work orders totalling ₹63.55 crores, including taxes, from state authorities in Madhya Pradesh and Odisha. Madhya Pradesh State Data Centre Expansion RailTel has been awarded a contract worth ₹37.18 crore by the Madhya Pradesh State Electronics Development …
Public sector lender Indian Overseas Bank (IOB) has received a tax demand notice of ₹699.52 crore from the Deputy Commissioner (ST)-III, Large Taxpayers Unit, Chennai-35, for alleged Goods and Services Tax (GST) liabilities related to the assessment year 2020-21. The notice, dated February 27, 2025, includes a penalty component of ₹35.26 crore, in addition to …
The combined market capitalisation of 8 of India’s top-10 most valued companies eroded by ₹3,09,244.57 crore in a holiday-shortened week, as a sharp decline in equities weighed on investor sentiment. Tata Consultancy Services (TCS) suffered the biggest loss, slipping to the third position in the ranking of India’s most valuable companies. Stock Market Performance in …
Pharmaceutical giant Mankind Pharma Ltd has received a tax demand of ₹111.68 crore from the Income Tax Department for the Assessment Year 2021-22. The demand, raised under Section 143(3) read with Section 144C(3) of the Income-tax Act, 1961, was issued by the Deputy Commissioner of Income Tax, Central Circle 29, New Delhi, on February 25, …
Voltas a leading air conditioning and engineering services provider, announced on Friday (February 28) that it has completed the transfer of its 92% stake in Saudi Ensas Company for Engineering Services W.L.L., Kingdom of Saudi Arabia, to Universal MEP Projects Pte Ltd (UMPPL), Singapore. Details of Stake Sale The deal, valued at ₹61.84 crore, was …
This week, several major companies are making significant corporate moves that could impact investors. From dividend payouts and stock splits to bonus issues, it’s essential to stay informed about these actions and how they may affect your portfolio and investment strategy. Upcoming Bonus Issue This Week Company Ratio Announcement Date Ex-Date Vantage Knowledge 2:1 January …
Bonus shares are additional shares given to existing shareholders by a company without any extra cost, based on the number of shares they already own. These shares are issued from the company’s retained earnings or free reserves and serve as a reward to shareholders while increasing the company’s equity base. For example, a company announces …
Indian markets are expected to be impacted today. At 7:05 AM, GIFT Nifty futures were up by 90.50 points at 22,360. In the previous session, the Sensex dropped by 1,414.33 points (1.90%) to 73,198.10, while the Nifty50 fell by 420.35 points (1.86%) to 22,124.70. Here are the key stocks to watch today on March 03, …
