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Piramal’s Stock Rallies for 9 Days with News of Breaching The Rs.50,000 crore AUM Milestone

Piramal’s Stock Rallies for 9 Days with News of Breaching The Rs.50,000 crore AUM Milestone

18 June 2024

Primal Enterprises outperforms the sector by 2.63% with a 3.13% increase in its stock price on 18 June 2024. The company’s share price has been performing remarkably with a gain streak for the past 9 days. The leading Non-financial Banking Company in the large-cap industry has generated over 20.29% increase in returns during this period.  …

These 3 Stocks from BSE 500 Jumped Over 5% Today; Do You Own Any?

These 3 Stocks from BSE 500 Jumped Over 5% Today; Do You Own Any?

18 June 2024

The benchmark index S&P BSE 500 opened today at 35,248.66 and made its day high at 35,274.93, and it is trading in green today, up by more than 0.30%. From the same space, these are the top 3 companies that outperformed the benchmark index and were up by more than 5% today. PNB Housing Finance …

Surging Cargo Volumes Propel Adani Ports to Global Market Value Leader

Surging Cargo Volumes Propel Adani Ports to Global Market Value Leader

18 June 2024

Adani Ports & Special Economic Zone Ltd. (Adani Ports) has recently marked a significant milestone, with its market capitalization soaring to approximately $37 billion. This remarkable growth has allowed Adani Ports to surpass its peer, Beijing-Shanghai High Speed Railway Co. The company’s inclusion in India’s benchmark S&P BSE Sensex Index is anticipated to sustain this …

Market Movers: Here Are Today’s High-Volume Buzzers!

Market Movers: Here Are Today’s High-Volume Buzzers!

2 July 2024

Domestic indices started the week on a sluggish note but quickly gained positive momentum and moved higher. Information technology, telecommunication, and metal stocks led the rally. At 10:30 am, the BSE Sensex lost 0.02% reaching a level of 79,465. The Nifty 50 index dropped 0.02% to the 24,140 level. On the Sensex, Infosys, Power Grid …

RSI Over 90: Defence Stock HAL, Tata Group Stock, and 13 Others

RSI Over 90: Defence Stock HAL, Tata Group Stock, and 13 Others

18 June 2024

Indian Equity Markets: A Strong Comeback Indian equity markets have staged a strong comeback since the vote counting day on June 4, hitting record highs day after day. This remarkable rally has showcased the resilience and optimism in the market, driving both benchmark and broader indices to new heights. Record-Breaking Performance On Tuesday, the NSE …

Vodafone Idea Outlines Borrowing Plan to Stay Competitive in India’s Telecom Race

Vodafone Idea Outlines Borrowing Plan to Stay Competitive in India’s Telecom Race

18 June 2024

Vodafone Idea Limited (Vi), the country’s 3rd -largest mobile network operator, has presented a detailed debt-raising plan to its lenders. This move comes after Vi recently addressed a key lender concern by securing ₹24,000 crore in equity capital. Seeking Funds for Network Upgradation Vi has proposed a two-pronged approach to secure the necessary capital expenditure …

BLS E-Services to Acquire Majority Stake in ASPL

BLS E-Services to Acquire Majority Stake in ASPL

18 June 2024

On June 17, 2024, the Board of Directors of BLS E-Services Limited approved the decision to enter into a share purchase agreement in their meeting. BLS E-Services Limited will acquire a 55% equity stake in Aadifidelis Solutions Private Limited (ASPL) and its affiliates, becoming a subsidiary of the Company. ASPL operates in the financial services …

Acquisition of VMS TMT Limited by Kamdhenu Ltd

Acquisition of VMS TMT Limited by Kamdhenu Ltd

18 June 2024

On June 17, 2024, Kamdhenu Limited’s Board of Directors of Loan and Investment Committee approved the acquisition of 2,11,000 equity shares of ₹10 each at ₹230 per share, amounting to ₹4,85,30,000. This represents 1.56% of shareholding post-acquisition. This acquisition was through a preferential issue by VMS TMT Limited, a franchisee unit of Kamdhenu Limited. This …

Upper Circuit Stocks Today – 18 June, 2024

Upper Circuit Stocks Today – 18 June, 2024

18 June 2024

On Tuesday, the benchmark indices were trading in the green with the Sensex up around 291 points or 0.41% at 77,281, while the Nifty-50 was up around 88 points or 0.38% at 23,553. About 2,055 shares have advanced; 1,604 declined and 204 are unchanged on the BSE. Top gainers and losers on the BSE Sensex …

Market Movers: Here Are Today’s High-Volume Buzzers!

Market Movers: Here Are Today’s High-Volume Buzzers!

18 June 2024

Indian benchmark indices started the week on a cheerful note, reaching new record highs, driven by strong gains in the consumer durables, capital goods, power, and information technology sectors. Broader indices also gained in line with the main indices. At 9:55 am, the BSE Sensex gained 0.39% reaching a level of 77,294. The Nifty 50 …

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