At 10 am, Inox Wind shares were trading at Rs 234.10, up by 8.83% from its previous closing of Rs 215.00 on the BSE. Inox Wind’s (IWL) customer, NTPC Renewable Energy (NTPC REL) has successfully commissioned the first part capacity of 50 MW out of 150 MW Dayapar Wind Energy Project Phase-I at Dayapar, Bhuj, …
On Monday, the benchmark indices were trading higher with the Sensex up around 427 points or 0.66% at 64,797 and the Nifty-50 up around 130 points or 0.68% at 19,361. About 2,443 shares have advanced, 910 declined, and 231 are unchanged on the BSE. Top gainers and losers on the BSE Sensex index are as …
The markets continued to surge for the second consecutive day. Both Nifty and Sensex opened with a gap as weak U.S. labour market data added to bets that the U.S. central bank is done with the most aggressive tightening cycle in four decades. Midcaps saw a healthy gain of 0.71%, while small caps were ahead …
Sephora, a renowned global prestige beauty retailer, has unveiled an exciting partnership with Reliance Beauty & Personal Care Limited, a wholly-owned subsidiary of Reliance Retail Ventures Limited (RRVL), which is part of the vast conglomerate Reliance Industries. This collaboration aims to shape and advance the future of prestige beauty retail in India, marking a significant …
In a significant recent development, CRISIL, India’s largest listed player in the Credit Rating Agencies sector by market capitalization, has announced its strategic decision to become a key player in the Association of Indian Rating Agencies (AIRA) by subscribing to an equity stake ranging from 14% to 15%. This move is not only a financial …
Zomato, the Indian online food delivery giant, announced its second-quarter results for FY24. According to the details, the company’s top line, that is, revenue from operations, grew significantly by 71%, from Rs 1,661 crore to Rs 2,848 crore in the September quarter of FY24. The company bifurcated the revenue into four major segments. Breaking down …
On Friday, Indian market indices were consolidating during intraday trade. More than 250 stocks locked in the upper circuit, with 176 stocks touching their respective 52-week highs. One stock that grabbed the attention of buyers has provided multibagger returns of 566.20% since its inception. Additionally, on Friday, the stock price skyrocketed and locked in an …
Raymond Group has announced the acquisition of a 59.25% stake in Maini Precision Products Limited (MPPL) for Rs 682 crores, which will be financed through a combination of debt and internal funds. This transaction is contingent upon the necessary regulatory approvals and is anticipated to be finalised within the current fiscal year. This strategic acquisition …
Indian headline indices continued their uptrend today, primarily driven by the robust performance of the real estate, consumer durables, and oil & gas sectors. NBCC (India) Ltd, a prominent player in the civil construction sector, gained attention with its recent announcement regarding substantial project awards to its wholly-owned subsidiary, HSCC (India) Limited. The order is …
In the world of stock market indices, the NIFTY 50 and NIFTY Alpha 50 are well-known benchmarks that represent the performance of the Indian stock market. While both indices are part of the NIFTY family, they serve different purposes and have distinct characteristics. NIFTY 50: The Iconic Benchmark The NIFTY 50, often referred to simply …
