ITI Limited, a leading Indian telecom manufacturer and public sector undertaking (PSU), announced it had received significant contracts to install solar street light systems in Bihar. This news, shared through a recent exchange filing, underscores ITI’s commitment to clean energy solutions and growing expertise in the solar power sector. Bihar Renewable Energy Development Authority Awards …
The department of telecom has received applications for the spectrum auction from the three telecom operators- Reliance Jio, Bharti Airtel and Vodafone Idea. These three will battle it out to get a piece of 5G spectrum worth around Rs.96,300 crores to be offered in the upcoming auction that will start on June 6. Details regarding …
On Friday, the benchmark indices are trading in the green with the Sensex up around 250 points or 0.34% at 73,912, while the Nifty-50 is up around 56 points or 0.25% at 22,459. About 2,281 shares have advanced; 1,204 declined and 167 are unchanged on the BSE. Top gainers and losers: The top Sensex gainers …
Despite starting the trading session lower, domestic indices later gained positive momentum, buoyed by strong performances in the auto, telecommunications, metals, and consumer durables sectors. The broader indices also mirrored this strength, rising in line with the main indices. At 10:50 am, the BSE Sensex gained 0.32% reaching a level of 73,903. The Nifty 50 …
Block Deal Details In a notable financial development, PB Fintech, the parent company of PolicyBazaar and PaisaBazaar, experienced a significant block deal on May 17, 2024. A total of 83.7 lakh shares changed hands in the pre-opening trade, drawing considerable attention from market participants. The block deal involved the company’s promoters offloading 1.86 per cent …
Nifty 50 Index Climbs Above Key Level On Thursday, the NSE benchmark Nifty 50 index successfully closed above the 22,400 mark, accompanied by a slight dip in the volatility index. The sustainability of this upward momentum could pave the way for further gains towards the 22,600 level and beyond. The participation of major players in …
Bearing stocks have emerged as focal points for investors eyeing opportunities in India’s burgeoning automotive sector. A comprehensive analysis of the performance metrics of leading bearing companies provides valuable insights into investment prospects amidst the country’s evolution into a global export hub for automobiles. S.No. Name CMP Rs Mar Cap Rs crore P/E 5Yrs PE …
The benchmark index S&P BSE 500 opened today at 33,929.64 and made its day high at 34,019.82, and it is trading in green today, up by more than 0.10%. From the same space, these are the top 3 companies that outperformed the benchmark index and were up by more than 5% today. Vodafone Idea Ltd …
Domestic indices, reflecting the weakness in most global markets, struggled to gain positive momentum and traded lower, impacted by losses in the information technology, FMCG, and auto sectors. In contrast, the BSE Small-cap Index demonstrated optimistic investor sentiment. At 10:30 am, the BSE Sensex declined 0.12% reaching a level of 75,326. The Nifty 50 index …
On May 16, 2024, Info Edge India Limited released its consolidated financial results for the quarter ended March 31, 2024. For the quarter that ended on March 31, 2024, Info Edge (India) Limited reported a 7.9% increase in its Revenue from Operations, reaching ₹608.3 crore on a standalone basis, up from ₹564.0 crore in the …
