Tata Motors is one of the major automobile manufacturers and since 2008, Jaguar Land Rover (JLR) has been a wholly-owned subsidiary of Tata Motors. The company has recently announced Q4 results and there is a significant uptick in the sales for Jaguar Land Rover(JLR) indicating strong performance, rising demand and production. Strong demand for sporty …
On April 19, 2024, Happiest Minds Technologies Limited informed in an exchange filing that the company had signed a Share Purchase Agreement to acquire 100% equity interest in Macmillan Learning India Private Limited. Details of the Agreement Happiest Minds Technologies Limited, the IT solutions provider, has executed an agreement to acquire a 100% equity interest …
Indo Count, a household name in India and the world’s leading bed linen manufacturer and exporter, announced a strategic move on April 19, 2024, with the acquisition of the international home fashions brand Wamsutta from Beyond Inc. (NYSE: BYON). This acquisition marks a significant step for Indo Count, solidifying its position within the premium home …
On April 18, 2024, Indus Towers Limited (ITL), a leading telecom tower infrastructure provider in the country, signed a Memorandum of Understanding (MoU) with NTPC Green Energy Limited (NGEL), a subsidiary of India’s largest power utility company, NTPC Ltd. This strategic collaboration signifies a collective effort to propel India’s green energy ambitions and support the …
On Friday, the benchmark indices were trading in the red with the Sensex down around 400 points or 0.55% at 72,095, while the Nifty-50 was down around 130 points or 0.59% at 21,865. About 1,082 shares have advanced; 2,288 declined and 156 are unchanged on the BSE. Top gainers and losers on the BSE Sensex …
The Indian benchmark indices sustained their downward trend, opening notably lower in today’s trading session amidst escalating tensions in the Middle East, particularly the ongoing disputes between Israel and Iran. Today, broader indices, which had demonstrated resilience in previous trading sessions despite overall market weakness, experienced a notable downturn. At 10:15 am, the BSE Sensex …
On April 18, 2024, Nifty 50 and Sensex dropped 0.69% and 0.62% to 21,995 and 72,488, respectively. Foreign Institutional Investors (FII) sold securities worth around ₹4,260 crore, while domestic investors bought shares worth ₹2,285 crore. Top Gainers and Losers Nifty Media was the only sector that closed in green. The Nifty Healthcare Index, Nifty Oil …
On Tuesday, the broader markets outperformed the frontline indices, with the Nifty Small-cap gaining 1.23% and the Nifty Mid-cap adding over 1%. The market sentiment was upbeat, as indicated by the healthy market breadth: 1,324 stocks advanced, while 779 stocks declined. Amidst this buoyancy, one stock stood out by hitting its upper circuit limit of …
India’s Initial Public Offering (IPO) market has been buzzing in the fiscal year 2023-24 (FY24), with a significant surge in activity and capital raised. Let’s dive into some insights from the report and take a closer look at the companies trading below their listing prices. IPO Market Trends in FY24 Based on data from Prime …
Mahindra Logistics Limited (MLL), one of India’s integrated logistics & mobility solutions providers, recently announced the results for the quarter (Q4 FY2024) and year (FY 2024) ended March 31, 2024. Quarterly Performance The company’s revenue increased to ₹1,451 crore, compared to ₹1,273 crore in Q4 FY2023 (PCP). In addition, EBITDA for the period amounted to …
