A stock split is a corporate action taken by a company where the number of shares is increased by reducing the value of each share. When a company’s stock price has risen to a level that it may become unattractive to many investors, it may choose to split the stock. It’s important to note that …
June 2023 is here, and as usual, investors are on the lookout for opportunities to enhance their returns. One avenue that holds immense potential is bonus shares. In this article, let’s look into the bonus shares in June 2023 along with the benefits of bonus shares for an investor. What are Bonus Shares? Before finding …
Consumer durables, healthcare, and pharmaceutical companies managed to conclude with respectable gains as oil and gas, metals, and financial equities dropped. The S&P BSE Sensex fell 62,622.24 points, or 346.89 points, or 0.55%. To 18,534.40, the Nifty 50 index dropped 99.45 points or 0.53%. The S&P BSE Mid-Cap index increased by 0.54%, while the S&P …
JSW Steel has become the First Manufacturer to Achieve GreenPro Ecolabel for its ‘Automotive Steel’ Products. The GreenPro ecolabel, developed by the Confederation of Indian Industry’s (CII) Green Business Centre, recognizes the highest standards of environmental sustainability and product performance in the Indian manufacturing sector. JSW Steel Vijayanagar’s ‘Automotive Steel’ products have undergone rigorous assessments …
On Wednesday, the shares of Sun Pharmaceutical Industries closed at Rs 974.50, up by 1.60% from its previous closing of Rs 959.20 on the BSE. Sun Pharmaceutical Industries has entered into a licensing agreement with Philogen S.p.A for commercializing Philogen’s speciality product, Nidlegy (Daromun) in the territories of Europe, Australia and New Zealand. Nidlegy, currently …
The benchmark index S&P BSE 500 opened today at 25,068.47 and made its day high at 25,093.59 and it closed in red today, down by 0.20%. From the same space, these are the top 3 companies that outperformed the benchmark index and were up by more than 7% today. Shares …
Traders favorite index Nifty Bank recently made a new lifetime high and in such bullish sentiments, one stock is trading just below the neckline of 1.5 years trend reversal price pattern. The stock is RBL Bank Ltd operates as a scheduled commercial bank. It operates through the following segments: Corporate and Institutional Banking, Commercial Banking, …
On Wednesday, the Indian benchmark indices were seen trading in the red with Nifty and Sensex trading down by 0.63% and 0.72%, respectively. The broader markets have displayed a relative outperformance with Nifty Smallcap gaining nearly 0.50%, while Midcap is almost unchanged. One of the stocks from the Smallcap space that is seeing good buying …
Nifty breached the consolidating range of the last 2 days and traded lower, almost filling the recent gap. Currently, it is trading around the day’s low which also has a psychological and derivative support level of 18,500. In these weak sentiments defensive sector, Nifty IT showed decent strength in which stocks like Infosys, Tech Mahindra, …
The domestic market witnessed mixed reactions on Wednesday amid uncertain global cues and corporate earnings seasons. Good corporate results continue to impress investors on D-street as strong buying interest is seen in such stocks. Meanwhile, one stock that has exceeded investors’ expectations is Tega Industries. Shares of Tega Industries (NSE Code – TEGA) surged 10% …
