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IRB Infra achieves financial closure for Samakhiyali Santalpur BOT Project worth Rs 2092 cr

IRB Infra achieves financial closure for Samakhiyali Santalpur BOT Project worth Rs 2092 cr

22 September 2023

IRB Infrastructure Developers Limited India’s leading and largest multinational integrated infrastructure developer in the highways sector has announced that its subsidiary, Samakhiyali Tollway Private Limited has successfully achieved financial closure for the Samakhiyali Santalpur BOT Highway project in the State of Gujarat. Samakhiyali Tollway Private Limited has secured the necessary financial backing to proceed with …

Ace investors Ashish Kacholia’s portfolio holding gains on entering into an understanding with Havells

Ace investors Ashish Kacholia’s portfolio holding gains on entering into an understanding with Havells

22 September 2023

Inflame Appliances has been approved as a supplier and entered into an understanding with Havells for the supply of Chimneys and OTGs. The models have also been finalised and it expects business to commence from October 2023.    The approval by Havells further confirms its capabilities in the Indian market and continues to position it as …

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 …

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