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Sadhana Nitro Chem: Analysing the green hydrogen venture and strategic rights issue

Sadhana Nitro Chem: Analysing the green hydrogen venture and strategic rights issue

7 December 2023

A Sustainable Step Forward  Sadhana Nitro Chem Ltd., a leading manufacturer of intermediate speciality chemicals, has embarked on a groundbreaking initiative to enter the green hydrogen market. The company plans to build a 15-20 MW green hydrogen facility powered by solar and wind energy, primarily for captive use at its existing plant and expansion of …

Top gainers and losers on the BSE Sensex index are as follows

Top gainers and losers on the BSE Sensex index are as follows

7 December 2023

On Thursday, the benchmark indices were trading lower with the Sensex down around 47 points or 0.08% at 69,607 while the Nifty-50 down around 6 points or 0.03% at 20,934. About 2,119 shares have advanced, 1,355 declined, and 163 are unchanged on the BSE. Top gainers and losers on the BSE Sensex index are as …

Tata Power hits the significant milestone of Rs. 300 per share; do you own it?

Tata Power hits the significant milestone of Rs. 300 per share; do you own it?

7 December 2023

Tata Power, a prominent Tata Group company, is primarily involved in the generation, transmission, and distribution of electricity. The company experienced a significant surge in its share price today, surpassing a significant milestone by exceeding Rs 300 per share. At the beginning of today’s trading session, the stock opened at Rs 295.90 per share, indicating …

Shares of PFC gain after its arm incorporates a wholly-owned subsidiary

Shares of PFC gain after its arm incorporates a wholly-owned subsidiary

6 December 2023

About the project  Power Finance Corporation’s (PFC) wholly-owned subsidiary — PFC Consulting (PFCCL) has incorporated a Special Purpose Vehicle (SPV) as its wholly-owned subsidiary (WOS) namely Gola B – Ramgarh B Transmission for developing the Intra-State transmission system consisting of i) 400/220/132/33 KV SS at Gola-B along with associated transmission lines and (ii) 220/33 KV …

Indian stock market hits the $4 trillion valuation mark, closing in on the Hang Seng index of Hong Kong

Indian stock market hits the $4 trillion valuation mark, closing in on the Hang Seng index of Hong Kong

6 December 2023

In a significant milestone, India’s stock market achieved a historic feat by surpassing the $4 trillion valuation mark, underscoring its ascent as the world’s fifth-largest equity market. This remarkable achievement, accomplished in less than three years, positions India in close contention with Hong Kong, highlighting the dynamic growth and resilience of its equity landscape. Market …

Top 10 Multinational Companies in India

Top 10 Multinational Companies in India

6 December 2023

A multinational corporation is a company that operates in multiple countries by establishing subsidiaries in various regions. The operations are coordinated from headquarters in the parent country. These companies possess assets and generate revenues on a global scale, and their stakeholders originate from different nations. India has become an attractive destination for leading multinational corporations …

Power Grid Corporation of India stock doubled investor’s wealth in 3 years

Power Grid Corporation of India stock doubled investor’s wealth in 3 years

6 December 2023

Power Grid Corporation of India Limited (PGCIL) has rewarded its shareholders handsomely in recent years. From December 2020 to December 2023, its stock price skyrocketed over 105%, turning an initial investment of Rs 1 lakh into an impressive Rs 2.05 lakh. This impressive growth is fuelled by several factors, including: Financial Performance The company posted …

Upper Circuit Stocks Today – 6 December, 2023

Upper Circuit Stocks Today – 6 December, 2023

6 December 2023

On Wednesday, the benchmark indices were trading higher with the Sensex up around 307 points or 0.46% at 69,603 while the Nifty-50 up around 74 points or 0.53% at 20,930. About 1,968 shares have advanced, 1,611 declined, and 146 are unchanged on the BSE. Top gainers and losers on the BSE Sensex index are as …

Hindustan Construction Shares hit a fresh 52-week high; here’s why

Hindustan Construction Shares hit a fresh 52-week high; here’s why

5 December 2023

About the Share Purchase Agreement  Shares of Hindustan Construction Company hit a fresh 52-week high today amid a share purchase agreement with Demathieu Bard. Steiner AG, Switzerland a material subsidiary of the company has entered into a Share Purchase Agreement with Demathieu Bard, a company headquartered in France for divestment of its entire equity interest …

Indian Hotels Company hits 52-week high after getting this huge recognition; details inside

Indian Hotels Company hits 52-week high after getting this huge recognition; details inside

6 December 2023

On Wednesday, Indian Hotels Company shares were trading at its 52-week high of Rs 440.55, a surge of 1.40% from its previous closing of Rs 434.50 on the BSE. Best Hotel Company status  Indian Hotels Company (IHCL) has been recognized among the ‘Best Hotel Companies in the World’ at the esteemed 101 Executive Summit held …

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