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Navigating Prosperity: Decoding Macro Data for Retail Investors

16 May 2024

In the bustling marketplace of investment decisions, where waves of uncertainty crash against the shores of opportunity, retail investors need a reliable tool to guide them through the turbulence of a volatile marketplace. In the complex world of investments, access to tools that provide credible information is the cornerstone of informed decision-making. One such tool …

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Aurionpro Transit Enables Google Wallet Integration for Commuters

16 May 2024

On May 16, 2024, Aurionpro Solutions Limited informed the stock exchanges that the company’s subsidiary, Aurionpro Transit Pte Ltd, enabled the integration of its app-based and ORS ticketing solution with Google Wallet. The company stated that passengers can now effortlessly plan and utilise public transportation. After acquiring a ticket, commuters can save it in Google …

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HAL Q4 FY24 Results: Net Profit surges by 52%, stock up 10% post-earnings

16 May 2024

Hindustan Aeronautics Limited (HAL) is an Indian public sector aerospace and defence company, headquartered in Bangalore. Established on 23 December 1940, HAL is one of the oldest and largest aerospace and defence manufacturers in the world. Hindustan Aeronautics Ltd.(HAL) has reported its Q4 FY 2023-24 results today in the live market, the stock went up …

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Mahindra & Mahindra Q4 results out, Profit rises 32%, beating estimates

16 May 2024

Mahindra & Mahindra (M&M) announced its Q4FY24 earnings today, revealing a substantial 32% increase in standalone profit, reaching Rs. 2,038 crore compared to Rs. 1,549 crore in the same period last fiscal year. Revenue from operations totaled Rs. 25,109 crore, with EBITDA rising to Rs. 3,119 crore, a 12% surge from Q4FY23’s Rs. 2,789 crore. …

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Bain-Temasek Competes With Blackstone Led Group For Haldiram’s Controlling Stake

16 May 2024

In a significant move in India’s private equity landscape, Bain Capital, in partnership with Temasek, has positioned itself to challenge Blackstone for a majority stake in Haldiram Snacks Food Pvt Ltd. This potential acquisition could mark India’s largest private equity purchase to date, sparking competition in the market. Valuation and Offer The Bain-Temasek alliance recently …

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These 3 Stocks from BSE 500 Jumped Over 5% Today

16 May 2024

The benchmark index S&P BSE 500 opened today at 32,913.12 and made its day high at 32,940.97, and it is trading in green today, up by around 0.20%. From the same space, these are the 3 companies which surpassed the benchmark index and were up by more than 5% today. Oberoi Realty Ltd Shares of …

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5.7 Lakh Retail Investors on Edge: Can BCG Stock Plummet to Zero Before Suspension?

16 May 2024

Retail Investors Stunned: Trading Suspended for Brightcom Group Shares In a gut-wrenching blow to nearly 5.7 lakh retail investors, the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE) have dealt a heavy-handed decision: the suspension of trading for Brightcom Group (BCG) shares starting June 14. Regulatory Standoff: A Harsh Reality With an air …

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Eicher Motors’ Joint Venture Company VE Commercial Announced JV With iTriangle

16 May 2024

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 …

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LIC Housing Finance FY24 – Q4 Results: Net Profit Declines 7.5% to Rs.1091 Crores

16 May 2024

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 …

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Overnight Digest: Top 5 Mid and Small-cap Stocks to Watch out for May 16

15 May 2024

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 …

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