Bharti Airtel,Indian equity benchmarks, Nifty50 and Sensex, surrendered initial gains in spite of the global market power in a volatile session on 20 October 2021. Resultantly, cracks have been diverging in the intense rally in small and mid-cap shares for the past 18 months. Moreover, smaller share indices have seen a dip of around 5% …
On Tuesday, the shares of Tata Motors closed at Rs 528.50, 1.18% up from its previous closing of Rs 522.35 on the BSE. Tata Motors has bagged a prestigious order for 50 Magna 13.5-metre buses from Vijayanand Travels. The state-of-the-art Magna buses, known for their superior design and advanced features, will be delivered to Vijayanand …
The declaration by Finance Minister Nirmala Sitharaman in her budget speech signalling her intent to privatise two public sector banks has kickstarted an upward run in the shares of several lenders. Bank stocks like the State Bank of India, Canara Bank, PNB and Bank of Baroda have attracted a lot of trading interest in the …
A Brief Overview For those who are unaware, market capitalization or m-cap is a vital instrument via which you can gauge the performance of a company. It refers to the aggregate valuation of a given company which is assessed keeping in mind its prevailing share price along with the number of outstanding stocks in their entirety. …
Famous food tech giant Zomato’s shares slumped by 9% on the BSE on Monday, 23 August 2021. This followed after the end of mandatory lock-in period of 30 days set for the anchor investors. Shares of the online food delivery company plummeted over 3% to reach Rs. 123 per share on the BSE in Tuesday’s …
India’s startup unicorn Zomato filed a draft with SEBI for India’s largest IPO so far worth USD 1.1 billion (Rs 8,250 crore), ushering a new age into India’s market. According to reports, the company will issue fresh shares worth Rs 7500 crores when its major stakeholder Edge India offloads stakes of Rs 750 crore. The …
Indian stocks trade under pressure at the stock witness sell-off right after a gap up opening on Friday, the 17th December 2021. The alerted investors seem to be booking their profits in the long rally after the rise in Omicron cases are being reported. All Asian shares trade under pressure. The flagship index of the National Stock …
ABB India has expanded its production footprint with a new line for variable speed drive modules at the Peenya factory in Bengaluru. The new line will produce drives ranging from 75 kW to up to 250 kW and will cater to all major industrial segments. ABB’s variable speed drives are used to control the speed …
On Friday, shares of Polycab India surged more than 5% to record a new 52-week high of Rs 3399 apiece on BSE. The scrip witnessed massive spurt in volume by more than 3.05 times. In Q4 FY23, the company’s revenue amounted to Rs 432.37 crore, showing a YoY increase of 9%. The EBITDA for Q4 …
Indian benchmark indices have recovered smartly from the lower levels with Nifty trading above 18,300 mark. Amidst recovery from the lower levels, there are some stocks which have hit fresh record high on the bourses and one such stock is Mold-Tek Technologies Ltd. Mold-Tek Technologies is engaged in providing Civil & Mechanical Engineering Services. The …
