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These 3 stocks from BSE 500 jumped over 5% in a falling market Today, 17 Aug 2023

These 3 stocks from BSE 500 jumped over 5% in a falling market Today, 17 Aug 2023

17 August 2023

The benchmark index S&P BSE 500 opened today at 26,730.34 and made its day high at 26,768.94 and it is trading in red, down by around 0.16%                          From the same space, these are the top 3 companies that outperformed the benchmark index and were up by more than 5% today. …

UltraTech Cement Aims to Become World’s Largest Cement Maker: Shares Surge

UltraTech Cement Aims to Become World’s Largest Cement Maker: Shares Surge

17 August 2023

In an effort to rank among the top cement manufacturers in the world, UltraTech Cement is aiming for a production capacity of 200 million tons per annum (MTPA). With the addition of 22.6 MTPA capacity, the company has already started working on the subsequent expansion phase. When it is finished, UltraTech will have a capacity …

Rama Steel Tubes shares surge on strong Q1 FY24 Results

Rama Steel Tubes shares surge on strong Q1 FY24 Results

17 August 2023

Rama Steel Tubes, an iron and steel products manufacturer, has reported a strong set of financial results for the first quarter of fiscal year 2024 (Q1 FY24). The company’s revenue grew by 30% year-on-year (YoY) to Rs 312.52 crore, while its net profit jumped by 76% to Rs 7.46 crore. The company’s EBITDA (earnings before …

Upper Circuit Stocks Today – Stocks Locked in Upper Circuit on 17 August, 2023

Upper Circuit Stocks Today – Stocks Locked in Upper Circuit on 17 August, 2023

17 August 2023

On Thursday, the benchmark indices were trading red with Sensex down around 243 points or 0.38% at 65,298 and the Nifty-50 down around 73 points or 0.37% at 19,392. About 1,985 shares have advanced, 1,269 declined, and 144 are unchanged on the BSE.  Top gainers and losers on BSE Sensex Index are as follows: The …

Ashish Kacholia & Mukul Agarwal’s Gem: Micro-Cap Stock Hits Upper Circuit

Ashish Kacholia & Mukul Agarwal’s Gem: Micro-Cap Stock Hits Upper Circuit

17 August 2023

Wednesday’s deals, began with benchmark indices Sensex and Nifty, facing early losses, dropping by 0.21% and 0.31%, respectively. However, they concluded with slight gains, rising 0.21% and 0.16%, respectively. In contrast, to the dampened market sentiments, the shares of Dhabriya Polywood Limited touched the upper circuit at Rs 286.50 apiece on BSE.  The company’s current …

EV Stocks Surge on Cabinet Approval of PM e-Bus Seva Scheme

EV Stocks Surge on Cabinet Approval of PM e-Bus Seva Scheme

16 August 2023

The PM e-Bus Seva Scheme has received approval from the Union Cabinet, as announced by Anurag Thakur, the Minister of Information and Broadcasting, during a press briefing on August 16. A significant budget of Rs 57,613 crore has been allocated for the implementation of this scheme. Out of this allocated amount, the central government will …

The business engine of Tata Motors: Exploring the company’s revenue streams

The business engine of Tata Motors: Exploring the company’s revenue streams

16 August 2023

Tata Motors is a prominent automobile maker in India, with a strong presence and an extensive history in the automotive market. Its name is widely recognized and familiar to most people. Tata Motors has a commendable ethical record and has been operating in India for a significant period. It is rare to find a road …

Ddev Plastiks shares continue to soar; climb 11% to reach a new 52-week high!

Ddev Plastiks shares continue to soar; climb 11% to reach a new 52-week high!

16 August 2023

Indian benchmark indices recovered from the session’s early losses and managed to move higher thanks to sizeable gains in the information technology, utilities, real estate and auto sectors. BSE Telecommunication and BSE Metals, on the other hand, were the hardest hit sectors of the session, down around 1% each.  While the BSE Smallcap index outperformed …

Abhinav Capital Services shares jump 20% today, 16 August 2023

Abhinav Capital Services shares jump 20% today, 16 August 2023

16 August 2023

Shares of Abhinav Capital Services witnessed a significant surge today. The stock commenced trading at Rs 135, marking a 2.2% increase compared to the previous day’s closing price of Rs 132. During the intraday session, the stock exhibited a remarkable 20% surge accompanied by significant trading volume.   Upon scrutinising today’s share volumes, it becomes apparent …

Nifty 50 Rebalancing – LTI Mindtree to replace HDFC Ltd

Nifty 50 Rebalancing – LTI Mindtree to replace HDFC Ltd

5 July 2023

The NSE, on Tuesday, announced the replacement of HDFC Ltd shares on its indices as a result of the merger with HDFC Bank.  Nifty Rebalancing Starting from July 13, LTI Mindtree, a subsidiary of engineering giant Larsen & Toubro, will replace Housing Development Finance Corporation Ltd in the Nifty 50 index. This change follows the …

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