At 9:15 am, JK Tyre & Industries shares jumped 13.94% to trade at a fresh 52-week high of Rs 351.05 from its previous closing of Rs 308.10 on the BSE. JK Tyre & Industries’ board has approved expansion for enhancement of tyre manufacturing capacity with an investment of Rs 1,025 crore. The proposed capacity is …
In the last two trading sessions, the Nifty50 experienced a sharp downturn, succumbing to substantial selling pressure. At the day’s commencement, the Nifty opened at 19,064.05, reaching a high of 19,096.05 during the session, but subsequently plummeted to a low of 18,973.70. By the trading day’s conclusion, the Nifty settled at 18,989.15, marking a noteworthy …
Today the Sensex closed approximately 0.44% lower and the BSE Information Technology index also closed down by 0.75%. However, one IT stock stood out reaching a 52-week high and surging by 4.62% namely Birlasoft Ltd. Yesterday after the market closed the company announced its financial results for the second quarter of FY24, half-year results, and …
Looking at the data on Foreign Institutional Investors (FIIs), there is a noticeable trend of net selling in Indian equities during October 2023. FIIs have consistently been selling Indian stocks, with a total net selling of approximately Rs. 26,692.16 crore in the month of October 2023. This level of selling is the highest since January …
Cellecor Gadgets Ltd, a Delhi-based company engaged in the sourcing, branding, and distribution of a range of products, including televisions, mobile phones, smart wearables, mobile accessories, smartwatches, and neckbands, experienced a significant increase in its share price in October. At the beginning of the month, on October 3rd, the stock commenced trading at Rs 106.45 …
India’s foreign exchange (forex) reserves, a vital barometer of economic health, have been navigating a tumultuous path in recent weeks. The Reserve Bank of India (RBI) data reveals that these reserves have taken a hit, declining by USD 2.36 billion to USD583.53 billion during the week ending October 20, 2023, following a brief uptick in …
Sealmatic India Limited specializes in the design and production of mechanical seals and related products. The company holds a prominent position as a leading designer and manufacturer of mechanical seals utilized in a wide spectrum of industries, including Oil & Gas, refinery, petrochemical, chemical, pharmaceutical, fertilizer, power, mining, pulp & paper, aerospace, marine, and various …
KFin Technologies Limited (KFintech) is a technology-driven financial services platform that provides comprehensive services and solutions to the capital markets ecosystem, including asset managers and corporate issuers across various asset classes in India and globally. It offers a wide range of investor and issuer solutions, and it is the largest service provider to Indian mutual …
Indian frontline indices started the session on a downward note, witnessing substantial declines in the metals, utilities, and power sectors. In contrast, BSE Telecommunications and BSE Realty showed strength, pleasing investors with gains of 1% each. With 1,889 shares rising on the BSE and 1,589 shares declining, the advance-decline ratio remained in favour of advances. …
Apollo Micro Systems Limited, an India-based company, that specialises in electronic, electromechanical, and engineering design, manufacturing, and supply, dedicated to designing, developing, and providing mission-critical solutions for the defence and space industry, experienced a significant increase in its share price today. At the start of the day, the stock began trading at Rs 92.85 per …
