Foray into the EV market Hindalco Industries, a leader in aluminium rolling and recycling, is poised to tap into the emerging electric vehicle (EV) market by investing Rs. 800 crores in a new battery foil manufacturing facility near Sambalpur, Odisha. This facility, expected to be operational by July 2025, will initially produce 25,000 tonnes of …
The Nifty PSE Index is composed of companies where the Central or State Government holds at least 51% of the outstanding share capital, either directly or indirectly. Dominated by Oil & Gas (36%) and Power (28%), exemplified by strong performers like Oil India (152%) and NTPC (67%), the index also features Financial Services (13%) with …
India is home to a diverse range of ecosystems, topographies, and locations of outstanding natural beauty. This offers an enormous opportunity to realise the potential of the tourism industry. The travel market in India is likely to reach US $125 billion by FY 2027 from an estimated US $75 billion in FY 2020. In India, …
These 3 stocks have shown substantial gains in Tuesday’s trading sessions, indicating strong bullish activity. Here’s an in-depth look. Surana Solar Ltd Surana Solar’s stock has given a volume price breakout on the weekly chart by taking 50-day EMA support 7 weeks ago. The stock is currently trading at Rs 32.25 and has seen a …
During Tuesday’s deals, the shares of JTEKT India Limited zoomed by 3.43%. Furthermore, the scrip witnessed a massive spurt in volume by more than 10.34 times. The company’s current market capitalisation is Rs 3,353.01 crore. Technical outlook As of December 12, 2023, the stock’s 200-day moving average (DMA) stood at Rs 132.58, while the 50-DMA …
Today, the broader indices, NSE Nifty50 and BSE Sensex, ended the day in the red. The Nifty50 index commenced trading at 21,018.55 and eventually concluded at 20,906.40, marking a decline of 90.70 points or 0.43% compared to the previous day’s closing level of 20,997.10. Meanwhile, the BSE Sensex concluded at 69,551.03, reflecting a decline of …
During the most recent market session, both the Sensex and Nifty closed on a negative note, with the Sensex Index down 0.54% and the Nifty-50 Index down 0.43%. Additionally, the Nifty Mid-cap Index decreased by 0.39%, whereas the Nifty Small-cap Index, finished the session down by 0.16%. Nifty Media Index and Nifty Metals Index emerged …
About the partnership Shri Bajrang Alliance has formed a strategic partnership as an approved Co-manufacturer with Nestle India for several food items. This strategic collaboration signifies a significant step forward in its commitment to enhancing operational capabilities, expanding product offerings and creating long-term value for its shareholdeRs The partnership with Nestle India, a renowned leader …
Debt-free companies are often lucrative options to invest in. This is because these companies are not saddled with higher financing expenses when the interest rates are raised, thus keeping a lid on their overall costing. But what are debt-free companies, and which debt-free stocks can you invest in? Let’s find out. What Are Debt-Free Companies? …
Thermax, a prominent provider of energy and environmental solutions, is in line with its commitment to being a reliable partner in the transition towards sustainable energy. The company is actively engaged in developing green and decarbonisation solutions aimed at closing the divide between energy accessibility and sustainability. During the Thermax Fest today, the Thermax Group …
