UltraTech Cement Limited informed the stock exchanges that the company has successfully secured a US$500 million sustainability-linked loan, with the participation of six prominent banks. The company added that this transaction marks the company’s second sustainability-linked financing, following its initial sustainability-linked bond issuance in 2021. The loan underscores UltraTech’s commitment to integrating sustainability into its …
On August 27, 2024, Bharti Airtel announced new and exclusive offers for its customers in India, providing access to Apple TV+ and Apple Music. Amit Tripathi, Chief Marketing Officer & EVP Customer Experience for Bharti Airtel, said, “Apple and Airtel are natural partners who strive to bring excellence to customer experience. We also share the …
E-commerce stocks, which initially struggled in the stock market, have shown signs of recovery over the past year, with improved stock prices and earnings. With this rebound, investors wonder whether FSN E-Commerce Ventures (Nykaa) or Honasa Consumer (Mamaearth) offers a better long-term investment opportunity. Stock Price Trend Nykaa has performed almost 30% year-to-date in 2024, …
At the close of the trading session on August 26, 2024, Nifty 50 was up 0.76%, and Sensex was up 0.75% to close at 25,010 and 81,698, respectively. Top Gainers and Losers On the sectoral front, Nifty Metal, Nifty Realty, Nifty Consumer Durables, and Nifty Oil and Gas saw gains. On the other hand, Nifty …
Penny stocks, those trading at prices below ₹1, can attract investors’ attention due to their low pricing. Though these stocks are affordable, they come with many risks, including high volatility, low liquidity, and potential fraud. While there may be opportunities for significant returns, it’s essential to approach such investments with caution. In this article, find …
India has announced ambitious goals: achieving net-zero carbon emissions by 2070 and sourcing 50% of its electricity from renewables by 2030. This marks a major step in the global fight against climate change. As of 2023, India ranks fourth in wind and solar power capacity and in total renewable energy capacity. The country has seen …
Shares of companies with a value of less than ₹10 are considered penny stocks. Investors are attracted to this space due to their low prices and potential for growth. Penny stocks can give you a chance to invest in a company before it becomes widely recognised. Penny stocks are volatile. Their prices can swing dramatically …
Introduction KPI Green Energy Limited has recently made a significant stride in the renewable energy sector. The company announced on August 26, 2024, that its wholly-owned subsidiary, Sun Drops Energia Private Limited, has received Letters of Intent (LOIs) for the execution of solar power projects under the Captive Power Producer (CPP) segment. This announcement marks …
On August 26, 2024, EFC Limited announced that it had signed a Letter of Intent (LOI) to acquire a prime property in Pune City valued at over ₹80 crore. The property covers 49,556 square feet and can accommodate more than 1,500 people. This acquisition is a significant step in expanding our serviced office portfolio, reinforcing …
Medplus Health Services Ltd. saw its shares fall by around 3% in early trading after the announcement of a large block deal today. The transaction involved 1.5 crore shares, or 12.8% of the company, being exchanged at Rs.616 per share, totaling approximately Rs.950 crore which caused a significant spike in trading volumes, with two crore …
