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Under Rs 200: These 4 Stocks Hit 52-Week Highs Today; Keep Them on Your Radar

Under Rs 200: These 4 Stocks Hit 52-Week Highs Today; Keep Them on Your Radar

5 March 2024

Today the NSE Nifty50 and BSE Sensex, ended the day in the red. The Nifty50 closed at 22,356, registering a decline of 49.30 points or 0.22% compared to the previous day’s closing level. Meanwhile, the BSE Sensex concluded at 73,667, reflecting a decline of around 195 points. Among all the stocks listed on the NSE, …

HDFC Bank vs SBI Bank – Which bank has bright prospects?

HDFC Bank vs SBI Bank – Which bank has bright prospects?

5 March 2024

Amidst a landscape of global uncertainties including geopolitical tensions, financial constraints, and environmental challenges, the Indian economy stands resilient and poised for growth. With the International Monetary Fund (IMF) revising India’s GDP growth forecast to 6.7% for the fiscal year 2024, optimism permeates the economic horizon. Notably, both HDFC Bank and State Bank of India …

These 3 stocks from BSE 500 jumped over 6% today; do you own any?

These 3 stocks from BSE 500 jumped over 6% today; do you own any?

5 March 2024

The benchmark index S&P BSE 500 opened today at 32,300.31 and made its day high at 32,317.23, and it is trading in red today, down by more than 0.30% From the same space, these are the top 3 companies that outperformed the benchmark index and were up by more than 6% today. Capri Global Capital …

Shares of Kalpataru surge on securing major EPC contracts for a project in Saudi Arabia

Shares of Kalpataru surge on securing major EPC contracts for a project in Saudi Arabia

5 March 2024

About the contract Kalpataru Projects International Limited (KPIL), a leading Indian EPC company, has secured significant contracts from Saudi Aramco for the Master Gas System Network (MGS-3) expansion project in Saudi Arabia. This project marks a major milestone for KPIL, solidifying its position as a trusted partner in the global oil and gas sector. KPIL …

Upper Circuit Stocks Today – 05 March, 2024

Upper Circuit Stocks Today – 05 March, 2024

5 March 2024

On Tuesday, the benchmark indices were trading in the red with the Sensex down around 183 points or 0.24% at 73,700, while the Nifty-50 was down around 47 points or 0.23% at 22,354. About 1,486 shares have advanced; 1,552 declined; and 105 are unchanged on the BSE. Top gainers and losers on the BSE Sensex …

Regulatory Compliance and Governance Issue: JM Financial Plunges 19% After RBI Ban

Regulatory Compliance and Governance Issue: JM Financial Plunges 19% After RBI Ban

6 March 2024

JM Financial, a prominent player in the financial sector, recently faced a severe setback when the Reserve Bank of India (RBI) barred its subsidiary, JM Financial Products, from conducting business in shares and bond funding. This drastic action came as a result of regulatory violations and governance lapses, sending shockwaves through the market and causing …

Impact of CNG Price Slash on Mahanagar Gas Ltd’s Stock

Impact of CNG Price Slash on Mahanagar Gas Ltd’s Stock

6 March 2024

The share price of Mahanagar Gas Ltd (MGL) slumped ~16.51% to the day low of ₹1,301.30 on Wednesday, March 6, 2024, at 1:01 PM after the reduction in compressed natural gas (CNG) prices by ₹2.5 per kg in and around Mumbai. The revised prices of CNG were ₹73.50 per kg effective from midnight of March …

Alok Industries Raises ₹7,000 Crore From Reliance via NCCRPS

Alok Industries Raises ₹7,000 Crore From Reliance via NCCRPS

6 March 2024

Alok Industries Ltd (AIL) has recently raised a cumulative ₹7,000 crore from parent organisation Reliance Industries Limited (RIL) and two lenders, Axis Bank and State Bank of India (SBI). The textile giant secured ₹3,300 crore from RIL in the form of non-convertible cumulative redeemable preference shares and ₹3,700 crore in term loans and working capital …

COC Asks IIHL to Implement Resolution Plan Before March 31, 2024

COC Asks IIHL to Implement Resolution Plan Before March 31, 2024

6 March 2024

On March 04, 2024, the Committee of Creditors (CoC) of Reliance Capital Ltd asked Hinduja Group-backed Indusind International Holdings Ltd (IIHL) to implement the resolution plan, which is part of the debt resolution process, before March 31, 2024. On February 27, 2024, the National Company Law Tribunal (NCLT) approved the proposal made by IndusInd International, …

Mukul Agrawal and Dolly Khanna multibagger stock bags a project worth Rs 912 crore by CIDCO

Mukul Agrawal and Dolly Khanna multibagger stock bags a project worth Rs 912 crore by CIDCO

6 March 2024

Today, the shares of J Kumar Infraprojects Limited plunged 1.27%. In contrast to this, the scrip witnessed a spurt in volume by more than 1.93 times. The company’s current market capitalization is Rs 4,820.65 crore. Recent development J Kumar Infra has clinched a significant project valued at Rs 912.3 crore for designing and constructing the …

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