Promoters have a significant impact on a company’s success and growth as they not only invest in the company but also hold executive positions. Hence, it is important for retail investors to consider the stakes held by promoters. Generally, companies with higher promoter holdings are considered safer investments compared to those with lower promoter stakes. …
Indian Oil Corporation (IOC) has signed deals to import liquefied natural gas (LNG) from UAE’s Abu Dhabi Gas Liquefaction Co (ADNOC LNG) and TotalEnergies Gas and Power (TotalEnergies) of France on a long-term basis. A ‘Head of Agreement’ (HoA) (was signed) between Indian Oil Corporation and TotalEnergies to establish a long-term LNG sale and purchase …
Thanks to significant gains in the banking and financial services sectors, Indian benchmark indices opened the session higher and reached a new record high on the bourses. The top losing sectors of the session were BSE Telecommunication and BSE Metals. Unexpectedly, broader indices were lagging behind the main indices. On the other hand, the robust …
The National Stock Exchange of India will conduct a special pre-open session for Reliance Industries stock on July 20, on account of the demerger of the financial services business of the company. July 20 has been fixed by the company, as the record date to determine eligible shareholders for the allotment of shares of the …
The benchmark index S&P BSE 500 opened today at 26,846.38 and made its day high at 26,889.89 and it is trading in the red, down by more than 0.22%. From the same space, these are the top 3 companies that outperformed the benchmark index and were up by more than 4% today. Shares of Sheela …
On Monday, the benchmark indices were trading higher with Sensex up around 122 points or 0.18% at 66,183 and the Nifty-50 up around 50 points or 0.24% at 19,615. About 2,158 shares have advanced, 1,181 declined, and 183 are unchanged on the BSE. Top gainers and losers on BSE Sensex Index are as follows: The …
On Tuesday, the benchmark indices were trading higher with Sensex up around 196 points or 0.30% at 66,786 and the Nifty-50 up around 56 points or 0.28% at 19,767. About 1,647 shares have advanced, 1,337 declined, and 121 are unchanged on the BSE. Top gainers and losers on BSE Sensex Index are as follows: The …
Endurance Technologies has purchased an additional 5% equity position in Maxwell Energy Systems (Maxwell), bringing its total ownership to 56%. This additional interest was bought for a cash value of Rs 6.94 crore, based on the agreed valuation methodology as per the provisions of the Share Subscription and Purchase Agreement (SSPA) dated May 18, 2022. …
Larsen & Toubro’s (L&T) construction arm — L&T construction has secured new orders for its Water & Effluent Treatment Business from the State Water & Sanitation Mission, Uttar Pradesh, to construct a water supply scheme for the Hanumanganj multi-group of villages in the districts of Ballia and Firozabad. The scope of both the projects includes …
The Sensex reaches a new all-time high of 66,656, experiencing a surge of 0.8%. Similarly, the Nifty also surges by 0.75% and achieves a new all-time high of 19,731. Closing higher, the Nifty Midcap and Nifty Smallcap record gains of 0.31% and 0.88% respectively. Among the top gainers, we have Nifty Media, Nifty PSU Bank, …
