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Top 3 stocks trading below Rs 100

Top 3 stocks trading below Rs 100

19 June 2024

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. Tera Software Ltd Tera Software Ltd hit a high of Rs 96.64 today with a traded volume of 32.03 lakhs, currently trading at Rs 93.2. The previous close was Rs 81.52, marking a …

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?

19 June 2024

The benchmark index S&P BSE 500 opened today at 35,394.82 and made its day high at 35,399.34, and it is trading in red today, down by more than 0.40%. From the same space, these are the top 3 companies that outperformed the benchmark index and were up by more than 5% today. Delta Corp Ltd …

Coal India New Initiative: Reviving Abandoned Mines

Coal India New Initiative: Reviving Abandoned Mines

19 June 2024

In an innovative move, CIL has decided to tap into the latent coal reserves of 23 closed and discontinued underground mines by awarding them to successful bidders from the private sector. This initiative follows a revenue-sharing model, where the cumulative peak rated capacity is 34.14 million tonnes per year (MT/Y), and the total extractable reserves …

ABB India’s IEC LV Motors save over 500 GWh of energy across Indian industries

ABB India’s IEC LV Motors save over 500 GWh of energy across Indian industries

18 June 2024

On June 18, 2024, ABB India announced significant energy savings achieved through its IEC LV Motors across Indian industries. Over the past five years, ABB India’s installed base of LV Motors has saved approximately 500 gigawatt-hours (GWh) of energy annually. This amount of energy savings is equivalent to the annual energy consumption of Sikkim, a …

Piramal Finance Surpasses ₹50,000 Crore in Retail Loans

Piramal Finance Surpasses ₹50,000 Crore in Retail Loans

18 June 2024

On June 18, 2024, Piramal Capital & Housing Finance Ltd, a major financial services company and a subsidiary of Piramal Enterprises Limited, announced that it had crossed the milestone of ₹50,000 crore in assets under management (AUM) for retail loans. Piramal Finance operates under the Piramal Finance brand. It has developed a range of financial …

DoT Announces Initiatives to Propel India’s Telecom Leadership

DoT Announces Initiatives to Propel India’s Telecom Leadership

18 June 2024

The Department of Telecommunications (DoT) has taken a significant step towards “Jai Anusandhan” (meaning “National Innovation”) by announcing two crucial calls for proposals. These initiatives aim to accelerate innovation and technological advancements within the Indian telecommunications sector. Fostering a Culture of Innovation These proposals categorised as “5G Intelligent Village” and “Quantum Encryption Algorithm,” aim to …

Fischer Medical Ventures Invests in Wonder Tech Group for Mental Health Innovation

Fischer Medical Ventures Invests in Wonder Tech Group for Mental Health Innovation

18 June 2024

On June 18, 2024, Fischer Medical Ventures Ltd (Fischer MVL), previously known as Fischer Chemic Ltd, informed in an exchange filing its investment in Wonder Tech Group, a Singapore-based company focused on advancing mental healthcare through AI-driven solutions. Fischer MVL is known for producing cost-effective, high-quality MRI systems via its subsidiary Time Medical International Ventures …

Best Ethanol Stocks in India Based on 5Y CAGR – June 2024

Best Ethanol Stocks in India Based on 5Y CAGR – June 2024

1 October 2023

Ethanol, a clean-burning fuel, is derived from sugarcane as a by-product of the sugar industry. It is commonly blended with gasoline to reduce harmful vehicle emissions. Ethanol is recognised as a biofuel and is widely used as an alternative to traditional fuels worldwide. The Government of India attained an ethanol blending record of ~12% in …

Adani Signs MoU For Green Hydro Plant In Bhutan

Adani Signs MoU For Green Hydro Plant In Bhutan

18 June 2024

Adani Group is an Indian multinational conglomerate, headquartered in Ahmedabad. Founded by Gautam Adani in 1988 as a commodity trading business, the Group’s businesses include sea and airport management, electricity generation and transmission, mining, natural gas, food, weapons, and infrastructure. The Adani group has a widescale presence across 70 countries. The Adani group listed stocks …

JNK Gets De-Bottlenecking Order From Reliance

JNK Gets De-Bottlenecking Order From Reliance

18 June 2024

JNK India Private Limited, on June 14, 2024, announced the reception of the order for the Gas Cracker Unit (GCU) De Bottlenecking Project by Reliance Industries. The project has been initiated by Reliance Industries Limited’s Nagothane Manufacturing Division (NMD), Maharashtra, and Dahej Manufacturing Division, Gujarat India. The scope of work is Design, Engineering, Procurement, Supply, …

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