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Subsidiary of Century Textiles launches a real estate project with a revenue potential of Rs 3,000 cr

Subsidiary of Century Textiles launches a real estate project with a revenue potential of Rs 3,000 cr

25 September 2023

Birla Estates Private Limited, the real estate arm of the Aditya Birla Group, has successfully launched Phase 1 of Birla Trimaya in Devanahalli, Bangalore. The project is expected to have a revenue potential of approximately Rs 3000 crore for the entire project. It is strategically located near the upcoming BIAL IT Investment Region and is …

Shares of Ircon International surge post Sri Lanka Railways deal!

Shares of Ircon International surge post Sri Lanka Railways deal!

25 September 2023

The Indian benchmark indices ended a highly volatile session with slight gains, having experienced modest gains and losses throughout the session. The BSE Sensex edged up by 0.02% to 66,023 level at the close. The Nifty 50 index edged up by 0.01% to a level of 19,674. Shares of Ircon International Ltd exhibited positive momentum …

This aerospace and defence company has delivered fantastic returns of over 170% in less than two years; do you hold it?

This aerospace and defence company has delivered fantastic returns of over 170% in less than two years; do you hold it?

25 September 2023

Data Patterns (India) Limited has churned multibagger returns to its shareholders in less than two years. During this period, the company’s share price jumped from Rs 755 on December 24, 2021, to Rs 2065.30 on September 25, 2023, an increase of more than 170%. An investment of Rs 1 lakh in the shares of this …

TCS joins hands with Standard Bank Group for its custody and securities settlement operations

TCS joins hands with Standard Bank Group for its custody and securities settlement operations

25 September 2023

Tata Consultancy Services (TCS) has expanded its partnership with the Standard Bank Group (SBG), the largest custodian in Africa, to centralize and standardise its custody and securities settlement operations in over 15 markets with the TCS BaNCS Global Securities Processing Platform. The bank sought to upgrade its existing platform and leverage next-generation technologies to further …

MCX soars 10% today; Company is likely to shift to a new trading platform next month

MCX soars 10% today; Company is likely to shift to a new trading platform next month

25 September 2023

Shares of the company currently trading at a discount of approximately 12% from their all-time high price of Rs 2,135, which was recorded on October 14, 2021. MCX is a prominent commodity derivatives exchange that enables online trading of commodity derivatives transactions. The company is planning to switch to its new trading platform, provided by …

Strides Pharma receives USFDA approval for Icosapent Ethyl Capsules

Strides Pharma receives USFDA approval for Icosapent Ethyl Capsules

25 September 2023

Strides Pharma Science Limited (Strides) has received approval from the USFDA for Icosapent Ethyl Capsules 0.5 gram and 1 gram. The product is a generic version of Vascepa, which has a market size of approximately USD1.3 billion. The capsules will be manufactured at Strides’ facility in Bengaluru. Strides has set a target to launch approximately …

HFCL Witnessed Profit Booking Despite a Jump In Net Profit

HFCL Witnessed Profit Booking Despite a Jump In Net Profit

9 May 2023

HFCL Limited (HFCL),India’s leading technology enterprise with operations in manufacturing of high-end telecom equipment, optical fiber and optical fiber cables and offering communication network solutions for Telcos, Defence and Railways sectors announced its Audited Financial results for the fourth quarter and year ended March 31, 2023. The consolidated revenue of the company jumped 21.13% YoY …

Vedavaag Systems stock soars more than 8% on new MoU!

Vedavaag Systems stock soars more than 8% on new MoU!

14 July 2023

During the morning trading session, the Sensex and Nifty initiated the day on a positive note, with both indices opening higher by 0.25% each. As the day progressed, the Sensex witnessed a significant surge of 0.77 percent, reaching a remarkable milestone by establishing a new all-time high at the 66,159 level. Correspondingly, the Nifty also …

Rekha Rakesh Jhunjhunwala’s portfolio stock rises on entering into MoU with Al Jomaih Energy and Water

Rekha Rakesh Jhunjhunwala’s portfolio stock rises on entering into MoU with Al Jomaih Energy and Water

18 September 2023

VA Tech Wabag has entered into a Memorandum of Understanding (MoU) with Al Jomaih Energy and Water (AEW), a leading developer of energy and water projects in the Middle East. This MoU was signed during the India-Saudi Investment Forum held on September 10, 2023, and September 11, 2023, on the occasion of the G20 Summit. …

IMFA stock soars to 52-week with record-breaking volumes on land valuation windfall

IMFA stock soars to 52-week with record-breaking volumes on land valuation windfall

25 September 2023

Indian markets have recovered from lower levels on Monday and were seen trading in the green during the afternoon trading session, with Nifty and Sensex up by 0.24% and 0.27%, respectively. Keeping pace with the up-move of frontline indices, the broader markets were also trading with gains of 0.36% (Nifty Mid-cap) and 0.30% (Nifty Small-cap). …

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