On September 16, 2024, Thomas Cook (India) Limited announced via a stock exchange filing that it has expanded its presence by opening a new branch in New Town, Kolkata, aiming to tap into the city’s growing market and its surrounding areas, including Action Area 1, 2, 3, and Rajarhat. This new location brings the company’s …
Introduction The Nifty50 index isn’t the only one making headlines; the Nifty Smallcap 100 index also marked an all-time high on Monday. Amidst this rally, a small-cap stock that’s catching investors’ eyes is Rhetan TMT Ltd. This stock has surged about 28% in the last week alone and boasts a year-to-date gain of 65.50%. The …
Sandur Manganese & Iron Ores Limited (SMIORE), established in 1954, is part of the Karnataka-based Sandur Group. It mines low-phosphorus manganese and iron ore in the Hosapete-Ballari region and produces ferro-alloys like silico-manganese and ferro-manganese, as well as coke at its plant near Hospet. SMIORE is the third-largest manganese ore miner in India. The company …
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As the Indian government accelerates its infrastructure development, Responsive Industries Ltd. is poised to benefit significantly from the announcement of 75 new tunnel projects across the country. The government’s commitment of ₹1 lakh crore to these initiatives will drive a surge in demand for high-quality construction materials. Known for its expertise in PVC membranes and …
BPCL, or Bharat Petroleum Corporation Limited, is a prominent oil and gas enterprise in India. Processing crude oil and supplying petroleum products to Indian consumers is essential to the nation’s ability to meet its energy needs. BPCL is dedicated to guaranteeing the country’s energy security and has a significant presence in both the upstream and …
Thermax Ltd has announced a strategic collaboration with Ceres Power Limited, a subsidiary of Ceres Power Holdings plc (CWR.L), a leading clean energy technology developer. The two companies have entered into a non-exclusive, global license agreement allowing Thermax to manufacture, sell, and service stack array modules (SAM) based on Ceres’ advanced solid oxide electrolysis cell …
September 12, 2024, marks a significant milestone for Raymond Limited as the company announces its Board of Directors’ approval to invest up to ₹100 Crore in its step-down wholly owned subsidiary, Ten X Realty West Limited (TXRWL). This investment will take the form of Redeemable Preference Shares, issued in one or more tranches. The terms …
Since its founding in 1974, Hindustan Petroleum Corporation (HPCL) has developed into one of India’s top oil and gas companies. The company offers a broad variety of petroleum products to consumers by running refineries, pipelines, and marketing operations across the nation. In all facets of its business, HPCL is renowned for its dedication to sustainability, …
Lupin Limited, a major player in the pharmaceutical space, has announced stepping into the renewable energy scene by acquiring a 42.61% stake in Sunsure Solarpark Seventeen Private Limited, a subsidiary of Sunsure Energy, this highlights Lupin’s push towards sustainability while also cutting down on power costs for its operations. What the Deal Looks Like Sunsure …
