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Waaree Renewable hits an all-time high, jumping 4%; here’s why

Waaree Renewable hits an all-time high, jumping 4%; here’s why

13 July 2023

Waaree Renewable Technologies jumped on commissioning a solar power project today. The scrip after opening at Rs 1224 and currently it is trading at Rs 1264, up by 4.38%. Today it hit all time high at Rs 1268.50 and it has 52 week low of Rs 290.10. So far 34,046 shares have exchanged hand over …

Praveg signs a new 5-Star hotel in Ahmedabad; details inside

Praveg signs a new 5-Star hotel in Ahmedabad; details inside

13 July 2023

Praveg Ltd is coming up with a luxury 5-star hotel in the world heritage city of Ahmedabad, Gujarat. The hotel will be located in the neighbourhood of Sindhu Bhawan Road. Reflecting the legendary hospitality of Gujarat, the hotel will feature 76 rooms with beautiful city views and plush amenities, like Infinity Pool, Open Sky Dining, …

SpiceJet shares rally over 7% on news of promoter’s investment

SpiceJet shares rally over 7% on news of promoter’s investment

13 July 2023

On Wednesday, SpiceJet said its promoter Ajay Singh will infuse Rs 500 crore into the company to strengthen the airline’s financial position. The fresh equity infusion will help the carrier in accessing additional credit facilities of Rs 206 crore under the Emergency Credit Line Guarantee Scheme (ECLGS), the company said in a statement.   The board …

A Comprehensive Analysis of Nifty 50 Rebalancing since 2017

A Comprehensive Analysis of Nifty 50 Rebalancing since 2017

12 July 2023

The Nifty 50, the flagship index of the National Stock Exchange, is one of the most widely tracked and referenced benchmarks in the Indian stock market. Twice a year, the Nifty 50 index undergoes a rebalancing process, which plays a crucial role in maintaining its relevance and accuracy as a representation of the Indian equity …

NCC Ltd shares surge 6.5%, marking a promising buying opportunity

NCC Ltd shares surge 6.5%, marking a promising buying opportunity

12 July 2023

NCC Ltd., a construction company, experienced a remarkable jump of over 6.5% in its stock with strong volumes exceeding 16 million, marking a technical breakout of a continuation price pattern.  NCC Ltd. engages in construction and engineering services, operating in both Indian and international markets. The company specializes in various sectors, including buildings and housing, …

Zen Technologies shares hit all-time high, surging 20% today

Zen Technologies shares hit all-time high, surging 20% today

12 July 2023

Zen Technologies received two orders yesterday worth Rs 500 crore. After the news, shares of the company saw heavy buying and a jump in share price.  During market hours in the morning, the company announced that it had received a significant order win in the export markets. The order is valued at approximately Rs 340 …

Paytm climbs over 6% today, leading the BSE large-cap gains

Paytm climbs over 6% today, leading the BSE large-cap gains

12 July 2023

Indian benchmark indices ended the session substantially lower, dragged down by significant losses in the information technology, telecommunications and utilities sectors. The BSE Sensex fell 0.34% to 65,393 level at the close. The Nifty 50 index declined 0.28% to a level of 19,384.     Broader indices significantly outperformed the main indices. The top BSE Large-cap gainer, …

Gandhi Special Tubes achieves 200% returns in 3 years

Gandhi Special Tubes achieves 200% returns in 3 years

12 July 2023

Gandhi Special Tubes is engaged in the production and promotion of welded and seamless steel tubes in various sizes and specifications, as well as Cold Formed Coupling Nuts. These items are primarily distributed to Original Equipment Manufacturers (OEMs) in the automotive sector, Farm Equipment manufacturers, Construction equipment manufacturers, and other Engineering Industries. The company also …

APL Apollo Tubes Gain Momentum after its Subsidiary Secures Rs 500 cr incentives

APL Apollo Tubes Gain Momentum after its Subsidiary Secures Rs 500 cr incentives

12 July 2023

While mixed investor sentiments were evident across sectors, Indian headline indices experienced a steep decline in closing trades. The top-performing sectors were BSE Realty and BSE Healthcare, while BSE Information Technology and BSE Telecommunications had the worst performances.  Shares of APL Apollo Tubes Ltd gained in early trades, reaching an intraday high of Rs 1,333.95 …

London Stock Exchange Group collaborates with IndusInd Bank

London Stock Exchange Group collaborates with IndusInd Bank

12 July 2023

IndusInd Bank and the London Stock Exchange Group (LSEG) have collaborated to support the private sector lender’s digital transformation strategy. As part of the agreement, the bank will gain access to LSEG’s comprehensive data offerings and workflow solutions. This will help financial professionals at the lender to collaborate and provide insights utilising LSEG’s real-time news, …

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