F&O Ban on Tata Power Shares Tata Power shares have been made to bear the brunt of the trade ban imposed on Thursday, April 21, 2022. This ban applies to the National Stock Exchange (or NSE’s) futures and options (or F&O) segment. The reason why this F&O ban has been imposed stems from the fact …
About the Joint Venture JSW Steel has entered into a 50:50 joint venture (JV) with JFE Steel Corporation, Japan for the production of Grain Oriented Electrical Steel in India. The new company JSW Electrical Steel, to be renamed JSW JFE Electrical Steel, will have its manufacturing base in District Bellary, Karnataka, and will be set …
About the Order HPL Electric & Power Limited (HPL), a leading manufacturer of electrical equipment, has scored a major victory, securing an Rs181 crore (inclusive of tax) order for smart meters from a prominent Accelerated Metering Infrastructure Scheme (AMISP) client. This significant contract, awarded in the normal course of business, underlines HPL’s growing presence and …
On February 13, Hindalco Industries Ltd, a prominent player in the aluminium industry, witnessed a notable event that sent ripples through the investment landscape. Understanding the Plunge Hindalco’s share price takes a nosedive, plummeting by more than 10% in a single day. The cause? Its US-based subsidiary, Novelis, revises its return guidance for the Bay …
As you decide to enter the realm of futures trading, you must update yourself on all aspects of future trading strategies. In the world of futures, expiration and rollover are the two most important terms. Futures contracts have a limited lifespan; rollover in futures contracts allows traders to extend the lifespan when they expect a …
In the world of technical analysis, there are few chart patterns as widely recognized and celebrated as the golden cross. This occurs when a stock’s short-term moving average (usually the 50-day) crosses above its long-term moving average (usually the 200-day). This is often seen as a bullish signal, indicating that the stock is breaking out …
These three equities gained significantly during Monday’s trading sessions, indicating strong bullish action. Here’s an in-depth look. Shanti Overseas (India) Ltd Shanti Overseas exhibits a compelling technical setup. The stock has demonstrated a Price Volume Breakout along with a 52-week breakout on the daily timeframe and formation of a rounding bottom on the weekly chart, …
Imagine two companies in the same business, selling similar products, yet valued differently by the market. This is the intriguing story of Public Sector Banks (PSBs) and Private Sector Banks (Pvt Banks) in India, as revealed by their Price-to-book (PB) ratio over the past 2 years (July 2022 – Feb 2024). Buckle up, as we …
DB Realty’s board has in principle approved the demerger of its hospitality business, aimed at unlocking shareholder value, pursuing a focused strategy in the Indian hospitality sector, and listing the resulting company’s equity shares on BSE and NSE. With this corporate announcement stock price has surged 3.09% today. Corporate Restructuring DB Realty has its board …
Indian billionaire Gautam Adani’s conglomerate, Adani Group, is in discussions to secure approximately USD 500 million through dollar bonds, marking its first overseas issuance since the Hindenburg Research report triggered apprehensions about the group’s ability to manage its debt obligations. Adani Green Energy’s Bond Issue: Adani Green Energy Ltd, the solar energy arm of the …
