Godrej Agrovet’s (GAVL) Oil Palm business has recently announced that it has been granted a potential area of 47,000 acres in the Sangareddy District of Telangana. This allocation was made by the Department of Agriculture and Cooperation (Horticulture & Sericulture) of the Government of Telangana. GAVL intends to utilize this allotted area to expand its …
Yesterday Tata Elxsi Ltd reported audited financial results for the quarter that ended on June 2023 or Q1FY24. In comparison to the same quarter last year, the company’s net profit for the first quarter which ended on June 30, 2023, increased by 2.23% to Rs 188.85 crore from Rs 184.72 crore. In Q1FY24, the company’s …
Business Overview DreamFolks Services Ltd is an India-based company, which is a provider of airport service aggregator platform facilitating an enhanced airport experience to passengers leveraging a technology-driven platform. It primarily integrates global card networks operating in India, card issuers, and corporate clients including airline companies, with various airport lounge operators, transport operators, and other …
Polycab India Ltd is the largest manufacturer and supplier of cables and wires in India. The company has also gained prominence in the fast-moving electrical goods (FMEG) industry and has a well-established presence in exports. The foundation of Polycab dates back to 1964 when it started as a small electrical store called Sind Electric Stores. …
Sensex and Nifty closed up by 0.31% and 0.19%, respectively. Nifty Midcap and Nifty Smallcap have plunged by 0.14% and 0.94%, respectively. A majority of Asian markets experienced declines due to concerns over China’s weakening economy and its potential impact on global growth. These worries overshadowed the positive sentiment about the United States successfully tackling …
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 …
