There is a certain in-built caution and scepticism associated with new highs in the equity markets. Not only has the Nifty and the Bank Nifty touched new highs, but even the Sensex has touched new highs. It is typical for investors and traders to get cautious at such high levels since the law of gravity …
Tobacco is a major industry in India, with the country being the second-largest producer and consumer of tobacco globally. The tobacco industry in India is dominated by three major players: the Indian Tobacco Company (ITC), VST Industries and Godfrey Phillips India Ltd. The use of tobacco is widespread in India, with a significant proportion of …
Bonus shares are additional shares that companies give out for free to their existing shareholders. The exact number of shares given depends on the number of shares currently held by the investors. For example, if a company announces 3:1 bonus shares, its shareholders will receive three bonus shares for each share that they hold already. …
Introduction Drone stocks refer to the shares of the companies that are involved in the manufacturing of drones and other related technologies. Drones are aerial vehicles that can either be remotely controlled or can fly anonymously. Drones are famous because of their capability to perform in dangerous situations. It has grown tremendously in terms of …
Over the last few months you may have been surprised to see the HNI portion of some of the IPOs being oversubscribed by 300 and 500 times. If you are wondering what is driving this kind of oversubscription, then it is the power of IPO funding. Many banks and finance companies provide loans to HNI …
Reliance Industries Ltd. (RIL) released a statement on Monday declaring its investment in the newly incorporated subsidiary, Reliance New Energy Solar Ltd. (RNESL). The regulatory filing disclosed a total investment of Rs. 1 lakh cash in 10,000 shares of RNESL, worth Rs. 10 each. This subsidiary is wholly-owned and hasn’t started business operations yet. RIL …
Hindustan Unilever’s December quarter earnings are expected to be released on Thursday. The key focus of the results will be the demand from rural areas. The investors are glued to focus on this factor more than anything else. Rural demand became the key focus element because when the company declared its second-quarter results, HUL had …
Devyani International, the operator of QSR (quick-service restaurants) such as Pizza Hut, KFC, and Costa Coffee, has seen its share price surge following CLSA India’s announcement of a bullish outlook. Following this, shares of Devyani International surged 3% to Rs. 193 on the NSE on 19 January 2022. CLSA India initiated coverage on CLSA shares …
The manufacturing industry is an integral part of any country’s economy, and India is no exception. India has been emerging as a global manufacturing hub, and this trend is expected to continue in 2023. The Indian manufacturing sector is expected to grow at a CAGR of 13.5% between 2021 and 2026, according to a report …
Gokul Agro Resources has announced a Rs. 41.13 crore rights issue. The issue was approved in a meeting on 20th February, 2023. It will remain open from 16th March to 23rd March, 2023. Gokul Agro Resources company overview Gokul Agro Resources Limited is a leading FMCG company in India that has global operations. It has …
