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REC Plans to Raise Rs.6,000 Cr on Friday, NCDs given The Highest rating of ‘AAA’

REC Plans to Raise Rs.6,000 Cr on Friday, NCDs given The Highest rating of ‘AAA’

8 May 2024

REC Ltd. is a Maharatna company under the administration of the Ministry of Power, It is registered with RBI  as a Non-Banking Finance Company (NBFC), Public Financial Institution (PFI) and Infrastructure Financing Company (IFC). The company is set to raise Rs.6000 crores through bonds which have been accredited with the highest credit rating of ‘AAA …

L&T’s PT&D Division Wins Key Contracts Globally in the Clean Energy Space

L&T’s PT&D Division Wins Key Contracts Globally in the Clean Energy Space

8 May 2024

On May 8, 2024, Larsen & Toubro (L&T) informed the stock exchanges that the company’s Power Transmission & Distribution (PT&D) business had received multiple orders globally, which testifies to its leading position in the clean energy space in India. The PT&D business has won orders to set up two Floating Solar Plants in India, comprising …

Radico Khaitan’s Gin Commands 50% of India’s Luxury Gin Market

Radico Khaitan’s Gin Commands 50% of India’s Luxury Gin Market

8 May 2024

On May 8, 2024, Radico Khaitan informed the stock exchanges that the company’s brand, Jaisalmer Indian Craft Gin, leads India’s luxury craft gin space with about 50% market share, contending against the international brands. The company stated that launched in 2018, Jaisalmer Indian Craft Gin stands as a testament to the company’s dedication to quality …

Canara Bank’s FY24 Performance: Profits Surge by 18%, NPA Ratio Declines, Dividend of Rs 16 Declared

Canara Bank’s FY24 Performance: Profits Surge by 18%, NPA Ratio Declines, Dividend of Rs 16 Declared

8 May 2024

Canara Bank, one of India’s leading public sector banks, recently released its financial results for the fourth quarter of the fiscal year 2023-24. The bank’s performance metrics provide valuable insights into its operational efficiency, asset quality, and strategic initiatives. Global and Domestic Business Expansion Canara Bank’s global business flourished in Q4 FY24, registering an expansion …

Top 3 stocks trading below Rs 100

Top 3 stocks trading below Rs 100

8 May 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. Peninsula Land Ltd Peninsula Land Ltd has shown significant market activity with its stock price peaking at Rs 64.7 today before settling at Rs 61.15, which marks a sharp rise of 12.62% from …

Overnight Digest: Top 5 mid and small-cap stocks to watch out for May 9

Overnight Digest: Top 5 mid and small-cap stocks to watch out for May 9

8 May 2024

On Wednesday, benchmark indices concluded the trading day on a flat note, with the Sensex marginally declining by 0.06% to close at 73,466.39, while the Nifty closed unchanged at 22,302.50. Nifty Auto, Nifty Energy, and Nifty Metal closed as Top gaining sectors, whereas Nifty Bank, Nifty Financial Services, and Nifty IT were among the top …

GTPL Hathway Launches Linear TV on Connected TVs with TVKey Cloud

GTPL Hathway Launches Linear TV on Connected TVs with TVKey Cloud

8 May 2024

On May 8, 2024, GTPL Hathway Limited informed the stock exchanges about the launch of Linear Television content on Connected TVs via TVKey Cloud, a joint solution developed by NAGRA and Samsung. The company stated this is a significant milestone for them as it unlocks new opportunities for viewers to access linear content. The service …

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?

10 May 2024

The benchmark index S&P BSE 500 opened today at 32,215.14 and made its day high at 32,357.61, and it is trading in green today, up by over 0.60%. From the same space, these are the top 3 companies that outperformed the benchmark index and were up by more than 5% today. Hindustan Zinc Ltd Shares …

PNB reported its  Q4 results: Net Profit jumped 160%

PNB reported its Q4 results: Net Profit jumped 160%

9 May 2024

Punjab National Bank is an Indian government public sector bank based in New Delhi, The Public Sector Bank has reported its earnings for the March quarter today, Net profit has surged by 160% and the lender has also announced its highest dividend payout in the nine years, the asset quality has also improved for the …

Overnight Digest: Top 5 mid and small-cap stocks to watch out for May 10

Overnight Digest: Top 5 mid and small-cap stocks to watch out for May 10

9 May 2024

Thursday saw a weak market, closing at its lowest point in two months, with widespread declines across frontline indices. The Sensex dropped by 1.45% to close at 72,404.17, and the Nifty fell by 1.55% to 21,957.50. Nifty Auto was the lone sector to end positively, while Nifty Energy, Nifty Metal, and Nifty FMCG were the …

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