IFB Industries Ltd. is a prominent player in the consumer durable sector, engaged in the manufacture of home appliances, parts, and accessories for motor vehicles. Established on September 12, 1974, the company is headquartered in Kolkata, India. In Monday’s trading session, amidst market consolidation, IFB Industries Ltd. caught the attention of market experts due to …
According to the most recent corporate shareholding statistics, the Government of Singapore, the largest FII investor in India, openly owns 50 stocks with a net worth of more than Rs 219,688 crore. In the previous quarter, they expanded their ownership in 17 firms and acquired stakes in 7 stocks, including NTPC, UltraTech Cement, Zomato and …
Certainly, achievements are a source of pride for individuals and companies alike. Recognition and appreciation moments for a company can include milestones such as surpassing production unit benchmarks, exceeding previous sales figures, achieving the highest operating profit, or reporting the highest net profit during a quarter in the past decade. It is natural for companies …
About the projects Gensol Engineering Limited (GEL) announced the successful acquisition of two substantial Engineering, Procurement, and Construction (EPC) contracts, solidifying their commitment to India’s renewable energy transition. The first, a 250 MWac/350 MWdc ISTS solar power project in Rajasthan, showcases Gensol’s emerging leadership in the industry and its support for India’s sustainable energy transition. …
On Friday, the main stock market indices ended the trading day with minimal changes. The Sensex closed just slightly lower at 73,142.80, a decrease of 0.02%. The Nifty, after reaching a new all-time high of 22,297.50, ended the day flat, managing to hold above the 22,200 level. Market volatility, measured by India VIX, decreased by …
About Acquisition Vikas Ecotech Limited has successfully acquired a 100% stake in Vikas Organics Pvt Ltd, a manufacturer of polymeric plasticizers, for Rs 270 million completing the payment of the total sale consideration of Rs 320 million marking a significant expansion in their product portfolio and market reach. This strategic move strengthens its position as …
During Friday’s deals, the shares of SML ISUZU Limited touched a 20% upper circuit of Rs 2,098 apiece on BSE. Furthermore, the scrip witnessed a massive spurt in volume by more than 5.17 times. The company’s current market capitalisation is Rs 3,036.15 crore. In recent days, the stock of SML ISUZU Ltd has been on …
On Friday, Intellect Design Arena shares surged 6.96% to trade at Rs 956.00, from its previous closing of Rs 893.80 on the BSE. Launch of ‘First Principles’ Technology suite Intellect Design Arena has launched its ‘First Principles’ Technology suite, eMACH.ai, for Technology-suave Bankers in the Middle East and Africa. This suite of First Principles Technology …
JSW Infrastructure Ltd (JSWIL) recently received a reaffirmation of its credit ratings at AA+ by CARE Ratings Limited, reflecting a positive outlook for the company’s future prospects. This article provides an in-depth analysis of the key factors influencing this decision and their implications for JSWIL. After receiving the rating upgrade, the stock traded at a …
Jio Financial Services, a premium NBFC under the leadership of Mukesh Ambani’s Reliance Industries, has achieved a new milestone today. The company’s market capitalisation has surged to a record high, crossing Rs 2 lakh crore for the first time since its listing on the Indian stock market. Share Performance At the beginning of the day, …
