On May 15, 2024, iTriangle Infotech, a leading provider of telematics solutions, and VE Commercial Vehicles Ltd (VECV), a joint venture between the Volvo Group and Eicher Motors, solidified their collaboration by finalising agreements to establish a joint venture. This strategic partnership aims to revolutionise the fleet management landscape for the commercial vehicle industry in …
LIC Housing Finance Ltd. is one of the largest Housing Finance Mortgage loan companies in India having its Registered and Corporate office in Mumbai. LIC Housing Finance Ltd. is a subsidiary company of Life Insurance Corporation of India(LIC). The company has reported its Q4 FY 2023-24 results. Q4 Performance of LIC Housing Finance Ltd The …
On Wednesday, the market closed with a mixed performance following a session characterized by trading within a limited range. The Sensex experienced a moderate decline of 0.16%, settling at 72,987.03, while the Nifty also saw a slight dip of 0.08%, closing at 22,200.55. In terms of sectoral performance, Nifty PSU Bank, Nifty Energy, and Nifty …
The Nifty 50, a key benchmark index representing the 50 largest companies by market capitalization on the National Stock Exchange of India, has delivered a healthy return of 21.31% in the past year. However, not all constituents of the index have kept pace with this growth. Notably, 21 stocks from the Nifty50 Index have underperformed, …
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. Suzlon Energy Ltd Today, Suzlon Energy’s stock hit a high of Rs 42.2 with a traded volume of 42,743,772 shares. Currently trading at Rs 42.2, it marks a 4.98% increase from the previous …
Suzlon Energy is an Indian Multinational wind turbine manufacturer founded in 1995, It is headquartered in Pune. The shares of the wind turbine manufacturer may see a massive inflow as of the latest rejig of MSCI. Suzlon Shares may see inflows of $14 million Suzlon Energy Ltd. was one of the nine stocks that were …
One of India’s top travel technology platforms, EaseMyTrip.com, revealed on May 15, 2024, that it has partnered with Google Wallet, which represents a major improvement in the overall user experience. The goal of this partnership is to completely transform the travel industry by providing travellers with a flawless experience by combining all booking requirements into …
PVR Inox is an Indian multiplex chain based in Mumbai. It is formed by the merger of PVR Cinemas with INOX Leisure multiplex. The company has reported muted Q4 earnings yesterday and it has decided to cut down its Capex by 25% in FY25. PVR Inox to bring down FY25 Capex Nitin Sood, CFO of …
The Securities and Exchange Board of India (SEBI) has extended the deadline for Life Insurance Corporation of India (LIC) to achieve a 10% public shareholding, providing the insurance giant with an additional three years. Under Rule 19(2)(b)(iv) of the Securities Contracts (Regulation) Rules, 1957, companies are mandated to have a minimum of 10% public shareholding …
Domestic indices, after commencing today’s trading session on a positive note, abruptly experienced a significant decline, affected by losses in the auto, banking, and FMCG sectors. Conversely, broader indices outperformed the main indices by a considerable margin. At 11:00 am, the BSE Sensex declined 0.21% reaching a level of 72,950. The Nifty 50 index fell …
