The day’s trading concluded with positive momentum, as both the Sensex and Nifty wrapped up higher by 0.23% and 0.32%, respectively. Notably, Nifty Midcap and Nifty Smallcap showcased even more robust gains, closing up by 0.33% and 0.59%, respectively. Nifty Media, Nifty Metal, and Nifty Auto emerged as top gainers among sectors, exhibiting strong performance. …
The last one year in the stock market has clearly belonged to Reliance Industries. The market cap of the stock over the last 1 year has crossed the Rs.500,000 crore mark and has overtaken TCS to become the most valuable company in India. The chart below tells its own story. If one looks at the …
Today, during the special pre-open session, the shares of Reliance Industries Ltd settled at Rs 2,580, which was determined as the opening price for RIL (excluding Jio financials) at 10 am. Reliance Strategic Investments Limited (to be renamed as Jio Financial Services or JFS) saw its share price calculated at Rs 261.85. The share price …
Reliance Industries, India’s largest company in terms of market capitalization, recently demerged its financial arm, Jio Financial Services, last month. A demerger involves separating a portion of a company, and in this case, with Jio Financial Services, shareholders of Reliance Industries Ltd are receiving a stake in the demerged entity at a 1:1 ratio, meaning …
Jio Financial Services Ltd (JFS), the financial arm demerged from Reliance Industries Ltd, debuted trading on the BSE at Rs 265 per share, reflecting a 1.2% premium over its discovered price of Rs 261.85 on July 20. Meanwhile, the NSE listed the shares at Rs 262 each, contributing to JFS’s market capitalisation of Rs 1,58,133 …
Investors will have the opportunity to potentially earn over Rs 864 crore from shares of 37 companies. These companies will become available for trading by the end of this year. In the next four months, a total of 227 crore shares are expected to exit their initial lock-in period for pre-listing shareholders. Unlocking of lock-in …
The Indian Space Research Organisation (ISRO) launched the Chandrayan 3 mission following its unsuccessful attempt of landing by Chandrayan 2 on September 7th, 2019. The mission’s primary goal is to demonstrate the space agency’s ability to land on the Moon’s south pole gently. India will become a member of a select group of nations that …
Tata Communications is the leading global digital ecosystem enabler. It has a leadership position in emerging markets, and an infrastructure that spans the globe. It delivers managed solutions to multinational companies and service providers. It partners with 300 of the Fortune 500 companies with their state-of the-art solutions, including a wide range of communication, collaboration, …
Tasty Bite Eatables stands out as a prominent figure in the realm of natural and ethnic vegetarian packaged and ready-to-eat/serve (RTE) food items. These offerings are predominantly showcased under the well-known “Tasty Bite” brand, distributed across diverse regions including the United States of America, Australia, the United Kingdom, Germany, and Canada. The company’s comprehensive assortment …
TVS Supply Chain Solutions Limited, a prominent player in supply chain management service, is listed with a premium of 4.5% at Rs 206 per share on BSE. On the NSE, the stock debuted at Rs 207.05, indicating an increase of 5% compared to its initial public offering price of Rs 197 per share. While writing …
