LIC Housing Finance Ltd. operates in the provision of loans for various purposes, including the purchase, construction, repairs, and renovation of houses to individuals, corporate bodies, builders, and cooperative housing societies. Additionally, it offers to finance existing properties for business and personal needs and extends loans to professionals for the purchase and construction of clinics, …
In June 2023, the Index of Eight Core Industries (ICI) recorded a substantial increase of 8.2%, marking its highest growth rate in five months. The “Eight Core Industries” comprises a total of eight sectors, as the name implies. These sectors are Crude oil, Coal, Natural Gas, Refinery products, Fertilizers, Steel, Cement, and Electricity. In June …
The Indian stock market ended the trading session on a bullish note, witnessing substantial gains in key indices. The Sensex recorded an impressive surge of 367 points, closing at 66,527.67, while the Nifty also displayed strong performance, climbing 107 points to reach 19,753.80, reaching new record highs and indicating positive investor sentiment. Furthermore, both the …
On Monday, the shares of Persistent Systems closed at Rs 4745.00, up by 1.02% from its previous closing of Rs 4697.30 on the BSE. Persistent Systems has further strengthened its partnership with Google Cloud, launching a suite of Google Cloud powered Generative AI solutions. These offerings will equip clients throughout their AI journeys, from AI …
Last Friday, the renowned dairy player Dodla Dairy unveiled its June quarter earnings. In today’s intraday session, the shares of Dodla Dairy experienced heightened activity following the announcement of its June quarter results. In light of this development, we will be examining the various companies operating within the dairy industry. These companies are involved in …
Advait Infratech has got a Rs 35.80 crore order for the supply of Optical Fibre Ground Wire (OPGW). The order must be completed within 12 months of the date of the Letter of Award. Previously, the business had secured a Rs 30.27 crore deal for OPGW installation work. Advait Infratech is in the business of …
While investing in the stock market, identifying stocks with a consistent track record of growth remains the primary focus for investors. One of the critical measures of a company’s growth record is the 5-year Compound Annual Growth Rate (CAGR). In this article, we will understand the significance of analysing 5-year CAGR and look at stocks …
Shares of Tata Chemicals experienced a sharp rise today. The stock opened at Rs 988.35, which was almost flat compared to the previous day’s closing price of Rs 993.65. During the intraday session, the stock surged by 5% with significant trading volume. Upon analysing today’s share volumes, it is evident that there has been a …
The broader indices Nifty50 concluded the day at 19646.05, down by 13.85 points which is 0.07% from the previous day’s closing levels of 19563.10. The S&P BSE Sensex index closed at 66160.20, 106.62 points down or 0.16% from the previous day’s closing levels. In this article we will explore the stocks that have reached new …
Indian Bank Ltd reported unaudited financial results for the quarter that ended on June 2023 or Q1FY24. Talking about the financials for Q1FY24 on a consolidated basis in comparison to the same quarter last year, the bank’s net profit for the first quarter which ended on June 30, 2023, increased by 41.78% to Rs 1724.39 …
