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Bajaj Group fifth Indian conglomerate to cross Rs 10 lakh crore market cap

Bajaj Group fifth Indian conglomerate to cross Rs 10 lakh crore market cap

5 December 2023

In a thrilling Monday spectacle, the financial cosmos witnessed the Bajaj Group surging into the elite Rs 10 lakh crore market cap club, flaunting its prowess alongside the heavyweights like Adani, Reliance, Tata, and HDFC Bank. Let’s embark on a captivating journey through the financial constellations that propelled this remarkable feat. Stars of the Show …

India’s electoral impact on the stock market

India’s electoral impact on the stock market

4 December 2023

India’s robust democracy holds elections as an integral part of its fabric, influencing the nation’s sentiment and economic outlook. While equity market performance may vary before and after election results, long-term trends suggest market resilience. Election and market movements Following the 2004 Lok Sabha elections, the BSE Sensex, India’s benchmark stock market index, experienced a …

Lupin’s Shares Soar on USFDA Approval for High-Sales Tablets

Lupin’s Shares Soar on USFDA Approval for High-Sales Tablets

16 August 2023

On Wednesday, the shares of Lupin closed at Rs 1112.95, up by 2.89% from its previous closing of Rs 1081.70 on the BSE.  Lupin has received approval from the United States Food and Drug Administration (USFDA) for its Abbreviated New Drug Application for Doxycycline Hyclate Delayed-Release Tablets USP, 50 mg, 60 mg, 75 mg, 80 …

Exhicon Event Media gains 4.5% after Chetak Equine MoU

Exhicon Event Media gains 4.5% after Chetak Equine MoU

20 July 2023

Exhicon Event Media Solutions (EEMSL) has signed the memorandum of understanding (MoU) with Chetak Equine Development (CEDPL) on July 18, 2023, to Co-organize the Show named Sarangkheda Chetak Festival for the upcoming 10 years. The Sarangkheda Chetak Festival is one of the oldest horse fairs in the Country and has been organized for around 300 …

Titan Company signs SPA to acquire 27.18% additional stake in CaratLane

Titan Company signs SPA to acquire 27.18% additional stake in CaratLane

21 August 2023

Titan Company has signed a Share Purchase Agreement (SPA) with the Founder of CaratLane Trading (CaratLane) and his family members to acquire all the shares held by them representing 27.18% of the total paid-up equity share capital (on a fully diluted basis) of CaratLane for a total consideration of Rs 4,621 crore.   CaratLane is …

Ambuja Cements Shares Soar Post Sanghi Industries Acquisition

Ambuja Cements Shares Soar Post Sanghi Industries Acquisition

5 December 2023

Ambuja Cements has acquired Sanghi Industries, marking a significant milestone in its growth journey. The strategic acquisition, valued at Rs 5,185 crore, strengthens Ambuja Cement’s market presence and demonstrates Adani Group’s commitment to India’s housing and infrastructure development. ACL controls 54.51% of SIL after funding the purchase solely through internal accruals. ACL is dedicated to …

These 3 Stocks From BSE 500 Jumped Over 8% Today, 5 December, 2023

These 3 Stocks From BSE 500 Jumped Over 8% Today, 5 December, 2023

5 December 2023

The benchmark index S&P BSE 500 opened today at 29,286.41 and made its day high at 29,389.43 and it is trading in green today, up by more than 0.30%                From the same space, these are the top 3 companies that outperformed the benchmark index and were up by …

J Kumar Infra secures Rs 379 crore construction order

J Kumar Infra secures Rs 379 crore construction order

5 December 2023

Indian benchmark indices maintained their positive momentum, driven by robust economic data and favourable election results. Once again, the indices reached all-time highs, reflecting the prevailing investor optimism across various sectors. The BSE Power and BSE Utilities sectors took the lead with gains exceeding 3% each, while the oil & gas and banking stocks sustained …

This company owns the renowned electric brand Revolt; Are you interested in investing in it?

This company owns the renowned electric brand Revolt; Are you interested in investing in it?

5 December 2023

Perhaps you’ve seen Revolt electric bikes on the roads nearby or heard the name from someone. But have you ever wondered how to invest in this company’s shares? The company falls into the midcap category with a market capitalisation of around Rs 10,893 crore. Interestingly, the stock price is available to purchase below Rs 100 …

Upper Circuit Stocks Today – 5 December, 2023

Upper Circuit Stocks Today – 5 December, 2023

5 December 2023

On Tuesday, the benchmark indices were trading higher with the Sensex up around 402 points or 0.58% at 69,267 while the Nifty-50 up around 123 points or 0.56% at 20,809. About 2,199 shares have advanced, 1,240 declined, and 158 are unchanged on the BSE.  Top gainers and losers on the BSE Sensex index are as …

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