The government has decided to sell a 5.36% stake in Rail Vikas Nigam Ltd (RVNL) through an offer for sale, expected to fetch approximately Rs 1,329.90 crore. The President of India, acting through the Ministry of Railways, Government of India, is the promoter of Rail Vikas Nigam Limited. The promoter intends to sell a portion …
Bajaj Finance reported a 25.60% increase in net profit for the quarter ended June 30, 2023, at Rs 2959.06 crore, compared to Rs 2355.92 crore for the same period the previous year. The company’s total income climbed by 30.90% to Rs 10665.69 crore in Q1FY24, compared to Rs 8148.05 crore in the previous year’s same …
On Thursday, the benchmark indices were trading higher with Sensex up around 76 points or 0.12% at 66,783 and the Nifty-50 up around 34 points or 0.17% at 19,812. About 2,007 shares have advanced, 1,171 declined, and 145 are unchanged on the BSE. Top gainers and losers on BSE Sensex Index are as follows: The …
On July 20, 2023, after achieving its all-time high level of 67,619, the Sensex closed up by 0.71%. Similarly, the Nifty closed higher by 0.74% after reaching its all-time high level of 19,991. Today, the shares of SJVN Limited soared 3.18%, and the stock hit a new 52-week high mark of Rs 50.71 per share …
The broader indices Nifty50 concluded the day at 19,778.30, up 97.70 points which is 0.5% from the previous day’s closing levels of 19680.60. The S&P BSE Sensex index closed at 66,707.20, 351.49 points up or 0.53% up from the previous day’s closing levels. In this article we will explore the stocks that have reached new …
R S Software (India) Limited has reported results for the first quarter ended June 30, 2023 (Q1FY24). On a consolidated basis, the company has reported a 136% rise in its net profit at Rs 1.41 crore for the quarter ended June 30, 2023, as compared to a loss of Rs 4.05 crore for the same …
On the, market capitalisation of the Adani Group, led by billionaire Gautam Adani, witnessed a significant increase of Rs 50,452 crore. The combined market capitalisation of the group’s 10 companies reached approximately Rs 10.6 lakh crore, compared to Rs 10.1 lakh crore on Monday, as stated by the group. This surge resulted in a substantial …
Shree Cement Limited, a prominent cement group in India, is renowned for its industry-leading green credentials, innovative practices, and cost leadership. Shree Cement is recognized for producing high-quality products through advanced manufacturing facilities in India and UAE. Committed to sustainability, the company strives to provide the most eco-friendly building material solutions to its consumers. As …
PNB Bank Ltd reported unaudited robust financial results for the quarter that ended on June 2023 or Q1FY24. Talking about the financials for Q1FY24 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 297.71% to Rs 1210.82 crore from Rs …
The Indian automotive sector has witnessed remarkable expansion, leading to an increased requirement for top-notch tyres over the last decade. Consequently, the Indian market now boasts a plethora of tyre companies, each providing an extensive array of products to meet the varied demands of consumers. Like selecting the appropriate tyre for your vehicle to ensure …
