In the dynamic landscape of India’s corporate world, Larsen & Toubro (L&T), a colossal Indian multinational with a presence in over 50 countries, has set the stage for an intriguing transformation. In a strategic maneuver that promises to reshape its future, L&T has announced the divestment of its entire 100% stake in L&T Infrastructure Engineering …
Today, the broader indices, NSE Nifty50 and BSE Sensex, both ended the day in positive territory. The Nifty50 index commenced the day at 19,120, marking a 0.7% increase compared to the previous day’s closing level of 18,989. During the intraday session, it reached a high of 19,175 and a low of 19,064, ultimately concluding the …
Suzlon Energy Ltd which is into manufacturing of wind turbines generators and related components hits the upper circuit today amid the financial results and quarterly outlook of the company. Yesterday the script was closed at Rs 31.33. Today, it opened at Rs 31.96 and closed at Rs 32.80, up by 4.69%. Company’s 52-week high stands …
Today the Sensex closed approximately 0.77% higher and the BSE Information Technology index also closed higher by 0.89%. Mostly all the sectors closed in green today. However, one IT stock stood out reaching an all-time high and surging by 5.65% namely RateGain Travel Technologies Ltd. Interestingly over the past year while the BSE Information Technology …
The firm proudly announced the successful completion of an inspection by the United States Food and Drug Administration (USFDA) focused on its Pharmacovigilance Department. The remarkable aspect of this achievement is that Natco Pharma received a clean chit with zero observations, underscoring the company’s commitment to regulatory compliance and product safety. The inspection took place …
TRF Limited traded with high volatility gaining more than 13% during intraday on Thursday. It is a potential breakout candidate for the coming days as it touched its 52-week high today. The volumes traded on expiry day were more than average and spurting more than 5 times than regular. TRF Limited designs, manufactures, and installs …
REC, designated as a ‘Maharatna’ enterprise, operates under the oversight of the Ministry of Power, Government of India, and is primarily engaged in providing financial support to projects across the entire spectrum of the power sector, encompassing activities from power generation to distribution. The company has witnessed a significant surge in its stock price today. …
Indian headline indices staged a strong recovery in today’s trading session, reflecting the prevailing upbeat sentiment among investors worldwide. Notably, the broader indices outperformed the main indices by a significant margin. This optimism extended across various sectors, as all sectoral indices exhibited gains. Investors took particular interest in BSE Realty and BSE Telecommunications, both of …
The Sensex and Nifty are both on an upward trajectory, marking surges of 0.75% and 0.73%, respectively. In parallel, the Nifty Midcap and Nifty Smallcap segments are also exhibiting higher momentum, up by 1.49% and 1.17%, respectively. Examining the constituents of the Nifty 50 index, notable gainers include Adani Enterprises, Britania, Hindalco Industries. On the …
Kotak Mahindra Bank Limited has made a significant announcement today, revealing that they have reached definitive agreements with Zurich Insurance Company Limited. These agreements involve Kotak Mahindra Bank and Kotak Mahindra General Insurance Company Limited and mark a significant financial arrangement between the parties. In this transaction, Zurich is set to make an investment of …
