Rail Vikas Nigam Ltd (RVNL), a government-established organization in 2003, has been playing a pivotal role in undertaking various rail infrastructure projects in India. Over the past few months, the company has garnered significant attention as it secured substantial orders from diverse clients across the country. In recognition of its outstanding performance, RVNL was bestowed …
Indian benchmark indices have kicked off Wednesday’s trading session on a soft note amid subdued cues from the global markets. The Nifty and Sensex were trading lower by 0.12% and 0.13%, respectively. Despite the softer opening, one stock which has surprised everyone by its eruptive move in the opening bell itself is Amber Enterprises India …
The stock of Suzlon Energy is buzzing on the bourses in early deals on Wednesday. The stock has zoomed over 3.5 % and currently, it is trading near the day’s high. The stock is trading above its key short-term moving average i.e., 20 and 50-days moving averages and has immediate resistance in the form of …
Cantabil Retail India reported a 107.88% increase in net profit for the fourth quarter that ended on March 31, 2023, from Rs 8.12 crore to Rs 16.88 crore. In Q4FY23, the company’s total revenue climbed by 28.35% to Rs 173.91 crore from Rs 135.50 crore to Rs 173.91 crore in the similar quarter the year …
The Nifty 50 index fell into negative territory after beginning higher at 18,432.35, trading with moderate losses for the majority of the session. Furthermore, the Nifty experienced heavy selling in the closing hour of the session, causing the index to go below the 18,300 barriers. PSU bank, IT and consumer durables stocks rose, while media, …
Kajaria Ceramics has received approval for investment of upto Rs 367.50 lakh in equity shares of Sunsure Solarpark Two Private Limited for solar power captive consumption as required under the provisions of the Electricity Act, subject to applicable laws. The objective of acquisition is to reduce the power cost of Sikandrabad (U.P.) Plant, by way …
Paras Defence and Space Technologies Ltd is primarily engaged in the designing, developing, manufacturing and testing of a variety of defence and space engineering products and solutions. On Tuesday, the stock zoomed about 2.5% in an otherwise directionless market, the stock opened with a gap-up at level of Rs 539 and it made an intra-day …
The frontline indices are trading with the shade of red on D-Street with Nifty and Sensex down by 0.20% and 0.25%, respectively. That said, the broader markets are performing exceptionally well. The Nifty Midcap and Smallcap index were seen relatively outperforming the frontline gauge as they surged 0.77% and 0.61%, respectively. Amidst the buoyant …
The NSE benchmark Nifty50 index opened Tuesday’s session on a positive note, however, thereafter, it’s shaping out to be a choppy session as the index is bouncing between positive and negative terrain. It clearly indicates that market participants are nervous, ahead of several key economic reports from US including US Retail Sales, Existing Homes Sales …
The benchmark index S&P BSE 500 opened today at 24,781.63 and made its day’s high at 24,802.82 and is trading almost flat at the time of writing. From the same space, these are the top 3 companies that outperformed the benchmark index and were up by more than …
