Introduction Markets opened on a positive note and traded higher throughout the day, closing near a new lifetime high. One stock from the capital goods sector broke out from weekly and daily continuation price patterns by rallying more than 5% in today’s trading session. Hitachi Energy India Ltd (formerly known as ABB Power Products and …
Larsen & Toubro’s (L&T) Hydrocarbon business has secured an offshore project from a prestigious overseas client. The scope of work comprises Engineering, Procurement, Construction & Installation for new offshore structures. L&T Energy Hydrocarbon (LTEH) is executing several domestic and international offshore projects and is committed to building its regional presence in the geographies in that …
MRF Ltd created history as its share price hit Rs 1,00,000 for the first time ever. MRF stands for Madras Rubber Factory, the parent company of MRF Group and a leading tyre manufacturer, and achieves a significant milestone by reaching Rs 1,00,000 today. The share opened at Rs 99,500, showing a 0.56% increase compared to …
The benchmark index S&P BSE 500 opened today at 25,242.51 and made its day high at 25,306.83 and it is trading in green, up by around 0.30% 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 Sheela …
Markets opened on a positive note and traded higher. Currently Nifty trading a few points away from the new lifetime high and defence sector stocks like BEL, and HAL showed strong outperformance to the benchmark index. Today we are going to discuss one stock from the defence industry that registered a breakout of the continuation …
Introduction The bulls on the D-Street are celebrating as retail inflation hits a fresh 25-month low, staying comfortably within the RBI’s desired range of below 6%. This positive news has sent the Nifty and Sensex soaring with gains of over 0.5%, surpassing the psychological milestones of 18,700 and 63,000, respectively. While the broader markets are …
On Monday, State-owned SJVN Ltd arm SJVN Green Energy bagged a 200 MW wind power project entailing an investment of Rs 1,400 crore in a tariff-based competitive bidding conducted by Solar Energy Corporation of India. This wind power project will be developed by SJVN Green Energy anywhere in India through EPC (engineering procurement construction) contract, …
The stocks crossing a 52-week high indicates positive market sentiment and a vote of confidence in the company’s performance. It can signal potential price momentum and attract more investors, increasing demand and pushing the stock’s price higher. Psychologically, it generates excitement and attention among traders and investors. Crossing this level can also be seen as …
Mahanagar Gas has signed a memorandum of understanding (MoU) with the Brihanmumbai Municipal Corporation to set up 1,000 tonnes per day (TPD) compressed biogas (CBG) plant in the megapolis at an investment of around Rs 500 crore. The proposed plant will process up to 1,000 TPD of deep-segregated food and vegetable waste that will be …
EPS stands for “Earnings Per Share.” It is a financial metric used to assess the profitability of a company and is often reported by publicly traded companies in their financial statements. EPS represents the portion of a company’s profit allocated to each outstanding share of common stock. EPS is calculated by dividing the net income …
