Zomato is an online food delivery platform which provides services like food delivery, loyalty programs and dine-out. They also launched their first international subsidiary in Dubai in 2012 and are now spread across 24 countries, some direct and others indirect. The company in the past 3 years has shown a good revenue growth of 26.30%. …
On April 22, 2024, Hinduja Global Solutions Limited informed the stock exchanges about the launch of OneX – a unified network-as-a-service solution covering network management, security, and LAN-side control. OneX was launched by CelerityX, the enterprise networking solutions business of OneOTT Intertainment Ltd (OIL), a subsidiary of Hinduja Global Solutions Limited. OneOTT Intertainment Limited is …
The NSE benchmark Nifty 50 index staged a remarkable turnaround, recovering over 300 points from Friday’s low and closing above 22,100. This rebound is a welcome relief for investors who had been concerned about recent market volatility. The daily chart showed a sizable bullish candle resembling a piercing line candlestick pattern, indicating strong buying momentum. …
On Friday, the market saw a strong rebound despite geopolitical tensions, ending a four-day losing streak. The Sensex rose by 0.83% to close at 73,088.33, while the Nifty gained 0.7% to close at 22,149.80. The top gainers included Nifty Financial Services, Nifty Bank, and Nifty Metal, while Nifty Media, Nifty Realty, Nifty Pharma, and Nifty …
These three equities gained significantly with price and volume activity during Friday’s trading sessions, indicating potential bullish action. Here’s an in-depth look. Yes Bank Ltd The stock of Yes Bank Ltd is currently trading at Rs 23.9, with a slight decrease from the previous close. Despite this, there’s no significant percentage change. The traded volume …
On Thursday, the main stock market indexes ended the day lower. The Sensex fell by 0.62%, closing at 72,488.99, and the Nifty dropped by 0.69%, closing at 21,995.85. Only the Nifty Media sector saw gains, while sectors like FMCG, Financial Services, Pharma, and Energy saw losses. Some top gainers included Bharti Airtel, Power Grid, and …
Bajaj Auto, a subsidiary of the Bajaj Group is a leading manufacturer in the two-wheeler and three-wheeler sector with a market cap of around INR 1 trillion that has a significant domestic and global outreach, it exports to 79 countries across the world. In India, Eicher Motors, TVS Motors and Hero Motocorp are considered as …
The Indian electric utility and generation company has seen tremendous growth and achievements in recent years and also has brighter growth prospects for the upcoming future. Future Projects and Plans for Tata Power: The Indian Power company is set to expand its business exponentially by powering up its solar energy capacity to more than 2.4GW …
On April 18, 2024, SJVN Ltd informed the stock exchanges that the company’s wholly-owned subsidiary had incorporated a Joint Venture company. Details of the Joint Venture Company SJVN Ltd’s wholly owned subsidiary, SJVN Green Energy Limited, has incorporated a Joint Venture Company with Assam Power Distribution Company Limited named “SGEL Assam Renewable Energy Limited”. The …
ITC Limited, a leading Indian conglomerate with a diversified presence in the Fast-Moving Consumer Goods (FMCG) sector, recently announced a strategic move to bolster its subsidiary’s cloud computing capabilities. On April 18, 2024, ITC Infotech India Limited, a wholly-owned subsidiary of ITC, entered into a Share Purchase Agreement to acquire 100% ownership of Blazeclan Technologies …
