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AVG Logistics Bags Rs 72 Crore Order For FMCG Segment

AVG Logistics Bags Rs 72 Crore Order For FMCG Segment

22 September 2023

AVG Logistics Limited, a prominent and leading multimodal logistics solutions provider based in India, has made a significant announcement regarding orders received by the company.  As detailed in the official report, AVG Logistics Limited has been awarded a work order from a leading FMCG company. However, the company has not disclosed the client’s name from …

Weekly Market wrap: Nifty50 slips below 19,700; falls for 4th consecutive trading session 

Weekly Market wrap: Nifty50 slips below 19,700; falls for 4th consecutive trading session 

22 September 2023

Nifty50, the most traded index on the NSE, has started falling since the beginning of this week, with four trading sessions, and Tuesday being a trading holiday. During all these trading days, Nifty fell and closed the session in the red.  Today, it opened the day at 19,745, hit an intraday high of 19,799, and …

Weekly wrap: Nifty50 touches 20,200 Levels for the first time and closes at an all-time high level! 

Weekly wrap: Nifty50 touches 20,200 Levels for the first time and closes at an all-time high level! 

15 September 2023

The Nifty50, the most traded index on the NSE, ended the day in the green, closing 89 points higher, or 0.44% above its previous closing level. The Nifty50 index opened at 20,156 today, representing a 0.26% increase compared to its previous day’s closing level of 20,103.  It began the day with a red candle on …

Dark horse stocks of the day: Nelcast jumps 20% in a weak market

Dark horse stocks of the day: Nelcast jumps 20% in a weak market

22 September 2023

Shares of Nelcast Limited witnessed a significant surge today. The stock opened trading at Rs 120.65, a 1.2% decrease compared to the previous day’s closing price of Rs 122.15 per share on the BSE. Despite opening lower than the previous day’s closing price, it hit the upper circuit price limit of 20%. As of writing …

RBL Bank: Navigating Market Challenges with Steadfast Determination

RBL Bank: Navigating Market Challenges with Steadfast Determination

22 September 2023

RBL Bank stands as a financial institution deeply entrenched in the provision of a comprehensive array of banking and financial services, encompassing wholesale banking, retail banking, treasury operations, and other related financial activities. RBL Bank Ltd. operates as a scheduled commercial bank, divided into distinct segments: Corporate & Institutional Banking, Commercial Banking, Branch & Business …

Weathering the Storm: COLPAL’s Resilience Amid Market Turbulence

Weathering the Storm: COLPAL’s Resilience Amid Market Turbulence

22 September 2023

In the face of recent market turbulence characterized by profit-taking and downward movements, a strategic portfolio diversification could prove to be a prudent choice. One notable player in the FMCG industry has remained surprisingly calm amidst this market storm, with muted trading activity just below a significant breakout trendline level—a potential signal of tranquility before …

Glenmark Pharma agrees to divest a 75% stake in its subsidiary; complete details inside

Glenmark Pharma agrees to divest a 75% stake in its subsidiary; complete details inside

22 September 2023

Glenmark Pharmaceuticals, a prominent global research-led pharmaceutical company with a presence across generic speciality and OTC business, has made a significant announcement regarding disinvestment in its subsidiary company. As detailed in the official report, Glenmark Pharmaceuticals Limited has reached a definitive agreement with Nirma Limited to sell a 75% stake in its subsidiary, Glenmark Life …

Are We Underestimating the Role of Investors in the Stock Market

Are We Underestimating the Role of Investors in the Stock Market

5 August 2017

How exactly do you define a trader in markets? Frankly, there are no hard and fast definitions but a trader typically tries to move in and out of markets to capitalize on opportunities. Essentially a trader has a short term perspective. This can range from a single day to a couple of months but the …

These 3 stocks from BSE 500 jumped over 6% today, 22 September 2023

These 3 stocks from BSE 500 jumped over 6% today, 22 September 2023

22 September 2023

The benchmark index S&P BSE 500 opened today at 27,426.28 and made its day high at 27,521.65 and it is currently trading in green, up by more than 0.15%.                From the same space, these are the top 3 companies that outperformed the benchmark index and were up by more than …

CCL Products hits a 52-week high on acquiring six coffee brands from Lofbergs Group!

CCL Products hits a 52-week high on acquiring six coffee brands from Lofbergs Group!

9 June 2023

On Thursday, CCL Products (India) Ltd, India’s largest instant coffee maker, announced the acquisition of six coffee brands, including Percol, from Sweden-based coffee roasters Lofbergs Group. CCL has acquired six brands – Percol, Rocket Fuel, Plantation Wharf, The London Blend, Perk Up, and Percol Fusion – from Food Brands Group, a subsidiary of Lofbergs Group. …

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