On May 28, 2024, Dreamfolks Services Limited announced their financial results for FY 2024 and the quarter ended March 2024. In FY 2024, Dreamfolks Services Limited reported revenue of ₹11,350 million, registering a 47% growth. The company declared a final dividend of ₹1.5 per share, bringing the total dividend to 100% of the Face Value. …
On May 27, 2024, Rajoo Engineers Limited informed the exchanges that on May 26, the company and its group entities established Shrutina Nexgen Solar LLP, registered with the Registrar of Companies in Gujarat, as a collaborative venture involving multiple entities. Rajoo Engineers Limited holds a 7% stake in the Shrutina Nexgen Solar LLP. In contrast, …
On Tuesday, the market experienced a turbulent session, closing lower amid heightened volatility. The Volatility Index (VIX) surged to a two-year high, reflecting the market’s uncertain outlook. The Sensex moderately declined by 0.29% to close at 75,170.46, while the Nifty fell by 0.19%, ending at 22,888.15. Despite the overall downtrend, Nifty Pharma, Nifty Media, and …
Technical analysis identifies Tanla Platforms and Bajaj Auto 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 923.80 and Rs 8,936.35 respectively, their price aligns with positive signals from technical indicators like RSI and ADX, suggesting …
On May 27, 2024, Bharti Airtel informed the stock exchanges that it has 1.9 million customers availing of 5G service in Odisha. The company has successfully deployed 5G service across all cities and districts in Odisha, showcasing a favourable shift towards offering next-generation mobile connectivity. The company stated that over the last 6 months, Airtel …
The benchmark index S&P BSE 500 opened today at 34,057.62 and made its day high at 34,057.62, and it is trading flat today, up by around 0.05%. From the same space, these are the top 3 companies that outperformed the benchmark index and were up by more than 5% today. Sumitomo Chemical India Ltd Shares …
On Monday, the market closed sharply off record highs as a last-hour decline in financial heavyweights dragged the market down. The Sensex fell slightly by 0.03% to close at 75,390.50, while the Nifty dropped by 0.11% to 22,932.45. Nifty PSU Bank, Nifty Realty, and Nifty Bank closed positively, whereas Nifty Media, Nifty Energy, and Nifty …
On May 27, 2024, EKI Energy Services Ltd informed in an exchange filing that the company has partnered with a leading blockchain firm, FARI Solutions, to advance carbon credit initiatives in Azerbaijan, bolstering its position in the region. The company stated that this Memorandum of Understanding (MoU) marks a noteworthy milestone in its commitment to …
Lumax Industries Limited, a leading manufacturer of automotive components, announced strategic investments aimed at securing access to renewable energy. The company will invest a total of ₹2.92 crore in acquiring minority equity stakes in two entities: Clean Max Nabia Private Limited and Huoban Energy 5 Private Limited. Investment Breakdown and Rationale Clean Max Nabia Private …
Tough Monday for Indian benchmark indices. Despite starting strongly and achieving new heights with the BSE Sensex touching the 76,000 mark for the first time, the indices saw a steep decline towards its end. The NSE Nifty 50 index fell about 170 points from its peak to close in negative territory. This marked reversal of …
