NLC India Limited (NLC), a leading Indian coal producer and power generator, has released its business report for the first quarter (Q1) of the financial year 2024-25 (FY2025). The report highlights positive growth across key performance indicators, including lignite and coal production, power generation, and market capitalisation. Fuel Production on the Rise NLC achieved a …
Introduction On Wednesday, shares of Castrol India experienced a significant surge on the stock market. The stock opened at Rs 216.30, dipped to an intraday low of Rs 214.63, and then soared to an 8-year high of Rs 252 on the NSE. This remarkable performance was accompanied by an unprecedented trade volume, with over 10 …
Persistent Systems Ltd, a leading global provider of Digital Engineering and Enterprise Modernization solutions, announced its intention to acquire Starfish Associates, a New Jersey-based company specialising in Enterprise Communications automation. The company further stated that this strategic move expands its capabilities in the contact centre and unified communications (UC) space, further solidifying its position as …
On July 2, 2024, Thyrocare Technologies Ltd announced that it had finalised a Business Transfer Agreement (BTA) with Polo Labs Private Limited (Polo) and its existing shareholders. Polo Labs Private Limited currently operates within the diagnostics and pathological services industry. This agreement entails the acquisition of Polo’s diagnostic and pathological services business, including equipment, assets, …
Puravankara Limited informed in a stock exchange filing about its acquisition of a 7.26-acre land parcel in Hebbagodi, Bengaluru. Hebbagodi, strategically situated near Electronics City, enjoys excellent connectivity to other parts of Bengaluru, making it highly appealing for residential developments. The company stated that the area boasts robust social infrastructure, including major hospitals, international schools, …
On July 3, 2024, ABB India Limited announced via a stock exchange filing that Mahindra & Mahindra Ltd (M&M), India’s leading SUV manufacturer, has chosen ABB’s PixelPaint technology for its new electric vehicle paint facility. The company stated that this technology utilises a sophisticated paint head resembling an inkjet printer equipped with over 1,000 individually …
The benchmark index S&P BSE 500 opened today at 36,049.44 and made its day high at 36,73.60, and it is trading in green today, up by more than 0.60%. From the same space, these are the top 3 companies that outperformed the benchmark index and were up by more than 5% today. KNR Constructions Ltd …
Based on technical analysis, Tata Consultancy Services & Devyani International 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 3,960 and Rs 166 respectively, their price aligns with positive signals from technical indicators …
The story of Indian stocks in recent weeks is one of remarkable ascension. After surpassing several key milestones, Indian shares hit fresh all-time highs early on Friday. The benchmark indices have set new records for the third consecutive session, with the Sensex now crossing the 80,000 points level and the broader Nifty index looking at …
Indian benchmark indices reached new record highs today, with the BSE Sensex crossing the 80,000 level for the first time. Gains were led by the banking, financial services, consumer durables, and telecommunications sectors, while the BSE Information Technology and BSE Oil & Gas indices were the only ones to decline. At 10:30 am, the BSE …
