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Dark horse stock of the day: Gland Pharma jumps 20% in the morning trade

Dark horse stock of the day: Gland Pharma jumps 20% in the morning trade

8 August 2023

The shares of Gland Pharma Limited experienced a sharp rise today. The stock opened at Rs 1480.05, which was 10% higher than the previous day’s closing price of Rs 1343.85. During the intraday session, the stock surged by 20% with significant trading volume.    Upon analysing today’s share volumes, it is evident that there has been …

Low Price Stocks Locked in Upper Circuit Today, 7 July, 2023

Low Price Stocks Locked in Upper Circuit Today, 7 July, 2023

7 July 2023

On Friday, the benchmark indices were trading flat with Sensex down around 72 points or 0.12% at 65,714 and the Nifty-50 down around 23 points or 0.11% at 19,476. About 1,776 shares have advanced, 1,339 declined, and 153 are unchanged on the BSE. Top gainers and losers on BSE Sensex Index are as follows: The …

Railtel Corporation’s Shares Rise After Receiving A Work Order From Pimpri Chinchwad Smart City

Railtel Corporation’s Shares Rise After Receiving A Work Order From Pimpri Chinchwad Smart City

8 August 2023

Pimpri Chinchwad Smart City (PCSCL) has given RailTel Corporation of India the task of delivering end-to-end services for the ‘Revenue Sharing Model’ monetisation of PCSCL City Network Infrastructure. The expected annual income is Rs 70 crore, and the estimated ten-year total income is Rs 700 crore.  ‘Mini Ratna (Category-I)’ for RailTel Corporation PSU, which has …

SEBI Annual Report: Indian Companies Raise Rs 9.8 Lakh Crore from Capital Market in FY23

SEBI Annual Report: Indian Companies Raise Rs 9.8 Lakh Crore from Capital Market in FY23

8 August 2023

During the fiscal year 2022-23, the Indian capital markets played a significant role in raising funds amounting to Rs 9.8 lakh crore, showing a growth of 4.6% compared to the previous year 2021-22.   Corporates and infrastructure entities utilized various financial instruments such as equity (public, rights, preferential, QIP), debt (public and private placement), Alternative Investment …

RateGain Q1 Results: Company Net Profit Jumps by 196%

RateGain Q1 Results: Company Net Profit Jumps by 196%

7 August 2023

RateGain Technologies, a prominent Software as a Service (SaaS) provider to the travel and hospitality industry, experienced a significant 80% rise in its consolidated revenue in Q1 FY24, reaching Rs 2,144 crore, compared to Rs 1,193 crore in the same period of the previous year.  During the quarter, the company’s operating profit experienced a remarkable …

Kingfisher exciting renewal: Fueling FC Goa journey in Hero ISL 2023-26

Kingfisher exciting renewal: Fueling FC Goa journey in Hero ISL 2023-26

7 August 2023

On Monday, in the morning trading session, both Sensex and Nifty witnessed a modest gain of 0.16% each. As the trading day concluded, Sensex exhibited a higher closure, up by 0.35%, and similarly Nifty also concluded on a positive note with a gain of 0.41%. Today, the shares of United Breweries Limited soared 0.09%, The …

Morepen Laboratories shown skyrocketed results with 160% increase in PAT!

Morepen Laboratories shown skyrocketed results with 160% increase in PAT!

7 August 2023

Morepen Laboratories Ltd has reported its unaudited financial results on Saturday, August 5, 2023 for the quarter that ended on June 30 2023 or Q1FY24. Today it has shown spike in share price after the robust results.     Talking about the financials for Q1FY24 on a consolidated basis in comparison to the same quarter last year, …

Wipro Recognised as ‘Leader’ in ISG Provider Lens Network

Wipro Recognised as ‘Leader’ in ISG Provider Lens Network

26 July 2023

Today, Sensex and Nifty closed on a positive note with gains of 0.53% and 0.5%, respectively. The surge of 0.52% in Wipro Limited’s shares was a clear reflection of the bullish market sentiment. This notable increase was attributed to Wipro’s recognition as a ‘Leader’ in the ISG Provider Lens Network Software Defined Solutions and Services …

Penny stocks to watch out for tomorrow, August 8, 2023

Penny stocks to watch out for tomorrow, August 8, 2023

7 August 2023

The Sensex registered a 0.35% gain, and the Nifty closed 0.41% higher. Moreover, Nifty Midcap and Nifty Smallcap performed well, closing with gains of 0.51% and 0.22%, respectively.   Notably, Nifty Pharma, Nifty IT, and Nifty Realty were the top gainers, while Nifty PSU Bank, Nifty Bank, and Nifty Media experienced losses. Among the Nifty 50, …

Airtel Launches India’s First Wireless Home Wi-Fi Service Powered by 5G Plus

Airtel Launches India’s First Wireless Home Wi-Fi Service Powered by 5G Plus

7 August 2023

Bharti Airtel has launched ‘Airtel Xstream AirFiber’, its fixed wireless access (FWA) offering, on 5G for consumers in Delhi and Mumbai. The need for Wi-Fi at home has grown exponentially in the past 3-4 years. With fibre to home connecting only 34 million homes in India, a very large number of customers struggle for fibre …

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