In the third quarter of 2024, Foreign Portfolio Investors (FPIs) sold off a portion of their stakes in several Adani group companies, contributing to a sharp decline in share prices since November’s US Department of Justice notice. However, retail investors and mutual funds largely maintained their stock positions. FPIs Reduce Stakes in Key Adani Stocks …
The Indian stock market extended the gains for the second straight day on January 15, 2025. The BSE Sensex closed 0.29% higher at 76,724.08, while Nifty50 rose 0.16% to 23,213.20. During the session, many stocks, including Shakti Pumps, ITI and Quadrant Future Tek hit circuit limits, indicating significant price movements. Here is the list of stocks hitting lower and …
Sudarshan Chemical Industries Limited, a leading player in the pigment industry, has recently announced the acquisition of Blitz F24-526 GmbH, a limited liability company based in Frankfurt, Germany. This strategic acquisition was made through its wholly owned subsidiary, Sudarshan Europe B.V., and marks an important milestone in the company’s expansion plans. The share price of …
Indian Railway Finance Corporation Ltd (IRFC) saw its share price rise by 4% to ₹140.5 on January 15 in early trading on the NSE. The surge followed the announcement that the company emerged as the lowest bidder to finance ₹3,167 crore for the development of the Banhardih coal block, located in Latehar district, Jharkhand. However, …
Premier Energies Ltd. recently announced that 3 of its subsidiaries — Premier Energies Global Environment, Premier Energies International, and Premier Energies Photovoltaic — have secured multiple orders totalling ₹1,460 crore. These orders, awarded by two large independent power producers (IPPs) and other customers, cover ₹1,041 crore for solar modules and ₹419 crore for solar cells. …
Vodafone Idea Limited, known as Vi, stands as a prominent name in India’s telecommunications industry, emerging from the merger of Vodafone India and Idea Cellular on 31 August 2018. Vi Joined with HCL Software In a strategic move to enhance its 4G and 5G network performance, Vi has joined forces with HCL Software. Leveraging HCL’s …
Finolex Cables Limited is an Indian manufacturer of electrical and telecommunication cables based in Pune, Maharashtra. It is the flagship company of the Finolex Group, established in 1958. The company also manufactures polyvinyl chloride sheets for roofing, signage and interiors. A New Era of Finolex Cables – FinoUltra In today’s fast-paced world, staying connected …
Glenmark Life Sciences, originally founded as a subsidiary of Glenmark Pharmaceuticals, specialises in developing, manufacturing, and supplying high-quality APIs to global markets. Over the years, it has built a strong reputation for advanced research, robust manufacturing, and a steadfast commitment to quality. Operating in over 80 countries, Glenmark Life Sciences is recognised for its reliability …
Shoppers Stop Ltd has declared its results for the quarter ended December 31, 2024. Post the announcement, on January 15, 2025, Shoppers Stop share price (NSE: SHOPERSTOP) opened at ₹667.95, up from its previous close of ₹620.20. At 9:54 AM, the share price of Shoppers Stop was trading at ₹659.40, up by 6.32% on the NSE. Q3 …
On January 15, 2025, the public sector banks such as Bank of Maharashtra, Punjab & Sind Bank, Indian Overseas Bank, UCO Bank and Central Bank of India traded lower after the Government’s divestment plan in these public sector banks as mentioned in various news reports. Objective of Divestment As per news reports, the government has approved a …
