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 …
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 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 …
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 …
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, …
Marksans Pharma Ltd (NSE: MARKSANS; BSE:524404) announced that it has received final approval from the US Food and Drug Administration (“FDA”) for its Abbreviated New Drug Application (“ANDA”) for Acetaminophen and Ibuprofen Tablets, 250 mg/125 mg, over the counter (“OTC”) bioequivalent of Advil Dual Action Tablets 250 mg/125 mg. The Acetaminophen and Ibuprofen Tablets, 250 …
Business Overview Avalon Technologies Limited is an Indian company that specializes in electronic manufacturing services (EMS). They offer a comprehensive range of services, from printed circuit board (PCB) design and assembly to complete box-build solutions. Their customer base consists of global original equipment manufacturers (OEMs) located in countries such as the United States, China, Netherlands, …
The Goods and Services Tax Council decided to levy 28% GST on online gaming, horse racing, and casinos at full value, Union Finance Minister Nirmala Sitharaman said after the conclusion of the council’s 50th meet on Tuesday. Simultaneously, there has been a decision to lower the tax rate for uncooked/unfried snack pellets, cancer medicine, and …
After achieving a significant milestone by reaching the 19,500 mark, the broader Nifty50 index encountered a hurdle. On July 6, the Nifty50 index achieved a new all-time high of 19,512.20. However, on the subsequent day, it surpassed that record and reached an even higher level of 19,523.60. Since then, the Nifty50 has been trading within …
Gujarat Pipavav Port share surges on reporting 6.42% growth in container cargo handling in Q1FY24.The company handle record 199 thousand TEUs Containers Cargo in first quarter of FY24 as compared to 187 thousand TEUs Containers handled in Q1FY23. The company has also handled Dry Bulk Cargo of 0.67 million metric tons declined from 0.93 million …
