Vishnu Prakash R Punglia Limited, a prominent player engaged in the business of designing and constructing infrastructure projects, is listed with a premium of 65% at Rs 163.30 per share on BSE. On the NSE, the stock debuted at Rs 165, indicating an increase of 66.67% compared to its initial public offering price of Rs …
In the opening trades of the session, Indian benchmark indices exhibited a steady start, but they subsequently gained momentum, primarily attributed to substantial gains in oil & gas, energy, consumer durables and information technology sectors. Meanwhile, BSE Utilities and BSE Metals were the only sectors experiencing declines. Broader indices significantly outperformed the main indices. The …
In the latest trading session, the Sensex and Nifty have concluded on a positive note, posting gains of 0.37% and 0.48%, respectively. Notably, the Nifty Midcap has closed significantly higher with an impressive gain of 0.98 per cent, while the Nifty Smallcap has made substantial gains, closing up by 1.33%. Leading the gains were Nifty …
In August 2023, Coal India Limited (CIL) demonstrated a remarkable performance in both coal production and supply. The company produced a substantial 52.3 million tonnes (MTs) of coal, marking a robust 13.2% increase compared to August 2022, and reflecting a steady growth trajectory. This growth trend was consistent with CIL’s annual target of 11% growth, …
The cement industry plays a vital role in India’s infrastructure development and is a key driver of the country’s economic growth. Cement serves as the primary construction material for a wide range of projects, including residential and commercial buildings, as well as critical infrastructure like roads, bridges, and dams. Over the years, India’s cement sector …
At 3 pm, the shares of Infosys were trading at Rs 1461.65, up by 1.29% from its previous closing of Rs 1443.05 on the BSE. Infosys has completed the acquisition of Danske Bank’s IT centre in India. Danske Bank selected Infosys as a strategic partner to accelerate digital transformation initiatives with speed and scale and …
The shares of One Global Service Provider Limited witnessed a significant surge today. The stock commenced trading at Rs 43.78, 9.5% up from the previous day’s closing price of Rs 39.99. During the intraday session, the stock exhibited a remarkable 19.98% surge accompanied by a significant trading volume. One Global Service Provider Ltd was established …
Sugar stocks have become sweeter today and have started rallying since the morning session. Whereas Raw sugar futures have reached their highest closing price in two months due to concerns over Indian exports. India, the second-biggest sugar shipper, is expected to curb supplies for the season starting in October. India ranks as the second-largest global …
Sumitomo Chemical India (SCIL) has executed definitive agreements for acquiring 85% equity shares and a controlling stake (on a fully diluted basis) in Barrix Agro Sciences, a Bengaluru-based company engaged in the business of developing and providing farmers pheromone traps and chromatic sheets. It is also engaged in the business of bio-products and micronutrients. The …
The Indian headline indices experienced a reversal of early-session gains, primarily driven by declines in the fast-moving consumer goods and banking sectors. However, amidst this weak market environment, BSE Metals stood out by demonstrating remarkable resilience, with an impressive surge of around 3%. Notably, the broader indices outperformed the main indices significantly. GMR Power and …
