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 …
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 …
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 …
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 …
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 …
Today, shares of Wonderla Holidays Ltd, a company engaged in the business of amusement parks and resorts, reached a 52-week high at Rs 887.70 after successfully obtaining all the necessary approvals, clearances, and NOCs from the Government of Tamil Nadu for its Chennai project. This achievement has positioned the company to commence construction of the …
The Indian frontline indices initially started the trading session on a positive note but ultimately experienced a decline, primarily driven by a substantial drop in the information technology sector. However, a contrasting trend emerged among broader indices, as they displayed significant gains, reflecting the enduring optimism among investors. Vascon Engineers Ltd, one of the top …
Adani Ports & Special Economic Zone announces its June quarter report today, the company’s revenue from operation grew by 24%, climbing from Rs 5058 crore to Rs 6248 crore. The operating profit also demonstrated strong advancement, reaching Rs 3754 crore, compared to Rs 3290 crore in the corresponding quarter of the previous year. This signifies …
BCL Industries, a North Indian agro-processing leader, is riding high on both ethanol contracts and Q2 performance. The company, known for its grain-based ethanol and ENA, secured lucrative ethanol supply deals with Oil Marketing Companies (OMCs) for 2023-24. These contracts, worth a combined Rs. 561 crore, solidify BCL’s position as a major player in this …
Brimming with festive cheer, Diwali illuminated green markets and buoyant consumer sentiments, propelling the Indian economy to a robust 7.2% growth in Q2. Amidst this economic vibrancy, the spotlight turns to the auto industry’s Q2 performance, particularly the volume metrics. Volume Growth Analysis Maruti Suzuki Established in 1981 through a joint venture with Suzuki Motor …
