On Tuesday, the benchmark indices were trading higher with the Sensex up around 28 points or 0.05% at 66,050 and the Nifty-50 up around 19 points or 0.09% at 19,693. About 1,892 shares have advanced, 1,043 declined, and 109 are unchanged on the BSE. Top gainers and losers on the BSE Sensex Index are as …
Vishnu Prakash R Punglia Limited, one of India’s fastest-growing infrastructure development companies, announced its June quarterly results yesterday. The stock made its debut this month with a stellar listing, providing impressive returns to its subscribers on the listing day itself. Let’s quickly observe the results announced by the company and compare the current quarter’s results …
Nifty: Nifty declined sharply over 500 points from its all-time high level of 20,222.45 registered on September 15. We cautioned about this decline, as the market was impulsively overextended. The index is below the previous low and also below the prior breakout level. It retraced 50 per cent of the prior rally in just three …
Nifty 50: The Nifty has formed a Doji candle after a decline of over 3%. Previously, it found support at the 50DMA, as we discussed. The bounce from the 19,585-19,626 support zone is now a reality. The index closed flat, indicating exhaustion in the trend. Now, Monday’s low of 19,601 is a crucial support for …
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 …
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 …
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 …
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 …
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 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 …
