New product launches Fevikwik, a leading brand of instant adhesive solutions, from the house of Pidilite Industries, has launched innovative new products, Fevikwik Precision Pro, Fevikwik Gel, Fevikwik Advanced and Fevikwik Craft. The launch of new products aims to revolutionise the repair experience for consumers across diverse use cases. The new range of products have …
FSN E-Commerce Ventures and NLC India are identified as upside potential stocks based on technical analysis. Both stocks have displayed promising structures and technical setups, including price volume contraction and the potential to bounce back and break out. Currently trading at Rs 161.35 and Rs 228.10 respectively, their price aligns with positive signals from technical …
On April 2, 2024, JK Cement stated in an exchange filing that the company’s board has approved increasing the borrowing limit of the firm from ₹7,500 crore to ₹12,000 crore. Along with the increase in the borrowing limit, the board of directors of JK Cement Limited have unanimously also considered and approved four other resolutions. …
On Friday, the Market recovers from opening lows to end near the day’s high. The Sensex, a key benchmark, rose by 0.26% and closed at a level of 72,831.94. Similarly, the Nifty, another important index, gained by 0.39% and closed at 22,096.75. In terms of sectors, Nifty Auto, Nifty Realty, and Nifty Media performed well, …
Despite the current modest losses in the Indian markets, certain sectors are causing quite the stir on D-Street today. Nifty Realty, Nifty Media, and Nifty Metal are among the standout performers, each logging gains of more than 1%. Amidst the green tide in the metal sector, one particular small-cap stock is turning heads, and it’s …
The Indian auto industry roared into the final month of fiscal year 2024, with most major manufacturers reporting healthy sales figures for March. The below table showcases the monthly auto sales for March 2024: Company March 2024 (Units) March 2023 (Units) YoY Maruti Suzuki India Limited 1,87,196 1,70,071 10% Tata Motors Ltd 90,822 89,351 2% …
On April 1, 2024, IRB Infrastructure Trust, an associate of IRB Infrastructure Developers Ltd (IRB), announced that its Special Purpose Vehicles (SPV) have made an upfront payment of ₹6,111 crore to the National Highways Authority of India for Toll Operate Transfer (TOT) projects. Details of the TOT Projects IRB Infrastructure Developers Ltd stated that the …
On April 1, 2024, AU Small Finance Bank (AU SFB) amalgamated Fincare Small Finance Bank (Fincare SFB), marking the first such consolidation in the sector. Details of the Amalgamation The all-stock merger deal was first announced on October 29, 2023, where the shareholders of Fincare Small Finance Bank received 579 equity shares in AU Small …
On April 1, 2024, Sancode Technologies informed in an exchange filing that the company has acquired 1% shareholding in the existing Joint Venture Company “Sanfin Technologies Private Limited”. Details of the Acquisition Sancode Technologies Limited acquired an extra 1% shareholding on March 31, 2024, in Sanfin Technologies Private Limited, where the company already holds 50% …
On April 01, 2024, CSB Bank Limited released its business updates for the financial year that ended March 31st, 2024. The bank recorded a Year-on-Year (YoY) growth of ~21.27% in total deposits to ₹29,719 crore as compared to ₹24,506 crore as of March 31, 2023. Out of these total deposits, the CASA portion stood at …
