Today shares of Sheela Foam Ltd have surged following news reports indicating its potential acquisition of rival company Kurlon Enterprise. According to the report, Sheela Foam may acquire 100% of Kurlon Enterprise in two tranches with a cash consideration of Rs 3,250 crore. The transaction is expected to be completed within the next few months. …
Company Overview Sree Rayalaseema Hi-Strength Hypo Ltd is engaged in the manufacturing of industrial chemicals, power generation, and trading activities. The company operates through three segments: Chemicals, Trading, and Power Generation. Power is generated by utilizing wind, solar, and thermal energy sources. The company’s product portfolio encompasses a wide range of chemicals, including sulphuric acid, …
On Wednesday, the shares of HDFC Bank Limited surged 1.11%, the 52-week high and low are Rs 1679.85 per share and Rs 1661.00 per share, respectively on BSE. The benchmark index of the Indian stock market, Sensex, exhibits a positive trajectory, trading with a commendable increment of 0.25%. Simultaneously, the widely followed Nifty index commences …
Today, Phantom Digital Effects Ltd informed in the exchange filing that it has secured an order from Netflix for providing VFX for a project that includes Netflix-branded audio-visual content, whether produced directly by Netflix, produced by a PSC, or licensed from a licensor for exhibition on Netflix OTT. The order is to be executed in …
In the midweek trading session, the Nifty index opened on a positive note and quickly climbed to a new all-time high. It made a new lifetime high on a closing basis, boasting gains of more than 150 points. Notably, the Nifty Bank index also reached a new lifetime high, and amidst this strong bullish trend, …
The Sensex concluded the trading session with a gain of 0.79%, surpassing the 63,900 level, while the Nifty recorded a higher closure of 0.82%, going beyond the 18,900 level. Both Nifty Midcap and Nifty Smallcap indices registered gains of 0.63% and 0.35% respectively. Notably, Nifty Pharma, Nifty Metal, and Nifty Energy emerged as the top …
Tata Consultancy Services (TCS) has won the 2023 Microsoft Partner of the Year Award in the category MVP Industry Solutions Global Systems Integrator (GSI). TCS also won the 2023 Microsoft US Partner of the Year Award in the categories Global Systems Integrator, Industrials and Manufacturing, and Dynamics 365 Sales and Marketing, as well as the …
On Wednesday, the shares of Indian Hotels Company closed at Rs 396.30, up by 3.35% from its previous closing of Rs 383.45 on the BSE. Indian Hotels Company (IHCL) has signed Taj Ganga Kutir Resort & Spa, its newest addition to the luxurious Taj portfolio in Raichak, West Bengal. With the addition of this hotel, …
Today India’s benchmark Nifty50 achieved a significant milestone of 19,000 mark. This remarkable feat is an extension of a four-month rally starting from March, which can be attributed to factors such as robust domestic growth, subdued inflation, positive corporate earnings, and substantial foreign inflows. The Indian stock markets have consistently outperformed global markets. It has …
Thanks to robust gains in capital goods, power and auto sector stocks, Indian benchmark indices roared into the session and reached record highs. During the session, the Nifty 50 surpassed the 19,000 level while the BSE Sensex reached the critical 64,000 milestone. Investors were attracted by Schneider Electric Infrastructure’s strong uptrend as well as the …
