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GAIL join forces with ethanol leader to invest USD 72 million in India’s green future

GAIL join forces with ethanol leader to invest USD 72 million in India’s green future

3 January 2024

About joint venture  GAIL (India) Limited, the country’s leading natural gas company, and truAlt Bioenergy Limited, the largest producer of ethanol in India, have signed a Term Sheet for GAIL’s equity participation in TruAlt’s joint venture company Leafinti Bioenergy Limited which owns and operates India’s second Compressed Bio Gas (CBG) plant. TruAlt Bioenergy and GAIL …

Charting the course: A technical analysis of HFCL Ltd

Charting the course: A technical analysis of HFCL Ltd

4 January 2024

HFCL Ltd, an Indian manufacturer and marketer of telecom equipment and turnkey services, has recently demonstrated an exciting increase in its price movements and caught the interest of traders and investors worldwide. We observe strong positive signals in the current market attitude, providing a nuanced picture for the near future. Let’s weave our way through …

Mukul Agrawal’s Strategic Move: 6,00,000 Shares of Prakash Pipes Ltd Purchase

Mukul Agrawal’s Strategic Move: 6,00,000 Shares of Prakash Pipes Ltd Purchase

4 January 2024

Introduction: In the dynamic world of stock markets, Thursday witnessed an intriguing rally with the Nifty experiencing a pro-gap, trading near the day’s high, and boasting gains of nearly 0.58%. What caught the attention of investors was the broad-based participation across various sectors, led by Nifty Realty, which soared over 5%. Amidst this bullish scenario, …

Persistent Systems enters into a strategic collaboration with AWS

Persistent Systems enters into a strategic collaboration with AWS

4 January 2024

About the collaboration Persistent Systems has entered into a multi-year strategic collaboration agreement with Amazon Web Services (AWS) to accelerate the pace of innovation and development of generative AI solutions for clients. Persistent is a long-standing AWS Partner and has a proven track record of early-scale generative AI adoption across multiple industry verticals leveraging services …

Mukul Agrawal’s portfolio stock bags Rs 138.72 crore solar power project in Chhattisgarh

Mukul Agrawal’s portfolio stock bags Rs 138.72 crore solar power project in Chhattisgarh

3 January 2024

Gensol Engineering has secured a major contract for a 33 MW AC solar power project from steel giant Sarda Energy & Minerals Ltd. (SEML) in Chhattisgarh. This captive project for SEML’s Kharora plant marks a significant step for Gensol in the region’s booming industrial sector. The contract, valued at over Rs 138 crore, encompasses the …

Upper Circuit Stocks Today – 03 January, 2024

Upper Circuit Stocks Today – 03 January, 2024

3 January 2024

On Wednesday, the benchmark indices were trading lower with the Sensex down around 301 points or 0.42% at 71,595 while the Nifty-50 down around 80 points or 0.37% at 21,587. About 1,713 shares have advanced, 1,479 declined, and 100 are unchanged on the BSE. Top gainers and losers on the BSE Sensex index are as …

These 3 stocks from BSE 500 jumped over 6% today, 3 January 2024

These 3 stocks from BSE 500 jumped over 6% today, 3 January 2024

3 January 2024

The benchmark index S&P BSE 500 opened today at 30,733.62 and made its day high at 30,739.77 and it is trading in red today, down by more than 0.10%                         From the same space, these are the top 3 companies that outperformed the benchmark index and were up by …

June Market Wrap: Nifty50 closes at record-high levels

June Market Wrap: Nifty50 closes at record-high levels

30 June 2023

Today, the Nifty50 index opened at 19076.85, which was 0.6% up from its previous day’s closing of 18972.10. It started the day with a green hammer kind of candle suggesting it is ready to go upside and during the intraday session, it faced hurdles at around 19100 levels. It made two attempts to cross this …

JBM Auto Ltd delivered over 200% returns in just a year

JBM Auto Ltd delivered over 200% returns in just a year

8 January 2024

JBM Auto Limited has delivered multibagger returns to its shareholders in the last one year. During this period, the company’s share price surged from Rs 533.90 on January 09, 2023, to Rs 1,879.85 on January 08, 2023, representing an increase of over 200% in the last one year. An investment of Rs 1 lakh in …

Grasim Industries Announces Rights Issue Price Set at Rs 1812 per Share

Grasim Industries Announces Rights Issue Price Set at Rs 1812 per Share

5 January 2024

Grasim Industries, the flagship company of the Aditya Birla Group, has set the price for its rights issue, approved in October 2023, at Rs 1,812 per equity share. The company aims to raise approximately Rs 4,000 crore to support ongoing capital expenditures and repay existing borrowings. About the rights issue As per the details provided …

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