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IndusInd Bank Partners with Wise to offer Online Remittance

IndusInd Bank Partners with Wise to offer Online Remittance

16 June 2023

On Friday, the shares of IndusInd Bank closed at Rs 1313.10, up by 1.24% from its previous closing of Rs 1297.05 on the BSE.  IndusInd Bank has entered into a partnership with Wise, the global technology company specializing in moving and managing money around the world, to offer online inward remittance services to Non-Resident Indians …

Penny stocks to watch out for Monday, 19 June 2023

Penny stocks to watch out for Monday, 19 June 2023

16 June 2023

The following penny stocks are likely to be in focus on Monday, June 19, 2023:      The Sensex and Nifty both experienced a surge of 0.73% each. Nifty Midcap witnessed a surge of 0.66%, reaching its highest level ever, while Nifty Smallcap surged by 0.98%, reaching its highest point in the past 52 weeks.  Nifty Bank, …

Mazagon Dock Shipbuilders Touches a 52-week high

Mazagon Dock Shipbuilders Touches a 52-week high

16 June 2023

The Indian benchmark indices ended the session sharply higher, boosted by significant gains in HDFC and the Bajaj twins. The BSE Sensex soared 0.74% to 63,384 level at the close. The Nifty 50 index gained 0.74% to a level of 18,826.  Broader indices gained in line with the main indices. Mazagon Dock Shipbuilders Ltd, one …

Samvardhana Motherson to acquire Cirma Entreprise SAS!

Samvardhana Motherson to acquire Cirma Entreprise SAS!

15 June 2023

Samvardhana Motherson International Limited (SAMIL), a leading global automotive supplier, has announced that it has signed a binding undertaking to acquire a 100% stake in Cirma Entreprise SAS, a French company that specializes in the manufacturing and sale of electrical wiring and interconnect systems (EWIS) for the aerospace, shipbuilding, and allied industries.  Objects and effects …

Top 5 interesting small-cap stocks to watch out for tomorrow, 16 June, 2023

Top 5 interesting small-cap stocks to watch out for tomorrow, 16 June, 2023

15 June 2023

The Sensex fell 310.88 points, or 0.49%, to 62,917.63. The Nifty 50 index lost 67.80 points (0.36 percent) to 18,688.10. The Sensex gained 0.96% in three days, while the Nifty gained 1.04%. The overall market beat local indices. The S&P BSE Mid-Cap index advanced by 0.30%, while the S&P BSE Small-Cap index advanced by 0.12%.   …

Godrej Properties to Acquire Land in Kolkata

Godrej Properties to Acquire Land in Kolkata

15 June 2023

Godrej Properties (GPL) is planning to acquire a 7.44-acre land parcel at New Alipore, a premium residential locality in Kolkata from West Bengal Housing Infrastructure Development Corporation, having been declared as the highest bidder in its e-auction. GPL will develop this land parcel as a luxury group housing project. New Alipore has an established physical …

Roto Pumps shares soar over 11% today, reaching a 52-week high in an otherwise weak market

Roto Pumps shares soar over 11% today, reaching a 52-week high in an otherwise weak market

15 June 2023

Despite trading marginally higher in the early trades, Indian headline indices were severely driven down, owing mostly to losses in financial services, banking, and information technology stocks. Roto Pumps Ltd attracted small-cap bulls due to being one of the top gainers of the BSE Smallcap pack and having a robust uptrend in an otherwise weak …

NTPC Achieves 433rd Rank in Forbes’ “Global List 2000” for 2023

NTPC Achieves 433rd Rank in Forbes’ “Global List 2000” for 2023

15 June 2023

NTPC has climbed an impressive 52 positions to secure the 433rd rank in Forbes’ Global 2000 List for 2023. This prestigious list, compiled by Forbes, recognizes the world’s largest companies based on four key metrics: sales, profits, assets, and market value. The significant improvement in NTPC’s position in the Global 2000 rankings is evidence of …

Penny Stocks to Watch Out for Tomorrow, June 16, 2023

Penny Stocks to Watch Out for Tomorrow, June 16, 2023

15 June 2023

The following penny stocks are likely to be in focus on Friday, June 16, 2023:      The Sensex experienced a decline of 0.49%, and the Nifty saw a decrease of 0.36%. On the other hand, the Nifty Midcap witnessed a surge of 0.21%, while the Nifty Smallcap recorded a growth of 0.15%. Towards the end of …

These 3 Stocks From BSE 500 Jumped Over 5% Today, Do You Own Any?

These 3 Stocks From BSE 500 Jumped Over 5% Today, Do You Own Any?

15 June 2023

The benchmark index S&P BSE 500 opened today at 25,536.11 and made its day high at 25,635.23 and it is trading in green, up by around 0.05%. From the same space, these are the top 3 companies that outperformed the benchmark index and were up by more than 5% today. Shares of Supreme Petrochem Limited were trading today …

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