Nestle India has disclosed that the order, approved by the Honourable National Company Law Tribunal, New Delhi Bench, sanctioning the Scheme of Arrangement between the company and its shareholders, involving the transfer of the entire balance of Rs 8,374.3 million from the General Reserves to Retained Earnings. Considering the company’s quarterly performance, on a standalone …
Arm of DCM Shriram Fenesta and Inventure Metal Products Industries LLC, a well-known provider of comprehensive facade-building solutions in the construction sector in the United Arab Emirates (UAE), have formed a strategic technological partnership. The partnership represents a turning point in Fenesta’s quest for superiority in the Facade industry. With 18 years of experience in …
NBCC Limited, a prominent construction company of the Government of India and a Navratna Enterprise under the Ministry of Housing and Urban Affairs, specializing in construction projects, has made a significant announcement regarding recent orders received by the company. As detailed in the official report published by the company after the market closed on Friday, …
On Wednesday, the benchmark indices were trading lower with the Sensex down around 570 points or 0.85% at 67,028 and the Nifty-50 down around 164 points or 0.81% at 19,970. About 1,435 shares have advanced, 1,880 declined, and 186 are unchanged on the BSE. Top gainers and losers on the BSE Sensex Index are as …
NIFTY 50 index, which represents the performance of the top 50 companies listed on the NSE, has also displayed substantial growth. Over the past year, NIFTY 50 has witnessed a significant uptick of 14.25%, reaching a commendable level of 20,133.30. This surge is indicative of the overall bullish sentiment in the Indian stock market, driven …
As we expected, the Nifty is entering into the counter-trend consolidation. On Monday, the Nifty traded in just 80 points range and it formed a NR7 bar, which means the day’s range was lowest in the last seven trading sessions. After opening lower the index closed near the lowest point of the day and at …
The Bank Nifty ended Monday’s session with losses of over half a percent; as a result, it closed below the previous day’s low, forming a bearish candle. The decline with higher volume shows a clear reversal signal. It has formed a shooting star-like candle on the daily time frame. The last three days of price …
Nifty Nifty snapped its three-day gains and retreated from the historic high touched the previous week, falling a third of a percent. Profit booking was in line with expectations given the rally since the beginning of the current month. Here are the top two stocks to watch out for on Tuesday: Godrej Consumer Products (GODREJCP) …
Radico Khaitan has successfully commenced operations at its new 350 KLPD greenfield grain distillery in Sitapur, Uttar Pradesh, along with a 15 MW captive power plant. Covering an expansive 107 acres, this Sitapur greenfield project is poised to bolster the company’s branded business and ensure a stable supply of ENA to both local manufacturing and …
Bank of Maharashtra has delivered multibagger returns to its shareholders in the last one year. During this period, the company’s share price jumped from Rs 18.75 on September 19, 2022, to Rs 48.15 on September 18, 2023, an increase of more than 150% in one-year holding period. An investment of Rs 1 lakh in the …
