Overview of the Penalty Order Suzlon Energy Limited recently announced that the Office of the Commissioner of Customs has imposed substantial penalties on the company. This notification was formally communicated to the National Stock Exchange of India Limited and BSE Limited on July 16, 2024. The company plans to appeal against the order. Details of …
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These 3 Stocks Hit 52-Week Highs Today, Keep These Stocks on Your Radar for Thursday, July 18, 2024
16 July 2024On Monday, the Indian benchmark indices concluded the trading day on a notably positive note, with the Sensex gaining by 0.06% to close at 80,716, and the Nifty rising by 0.11% to finish at 24,613. The broader market also experienced some gains, as the Nifty Mid-Cap closed flattish by 0.00%, and the Nifty Small-Cap soared …

Technical Picks to Keep an Eye on Escorts Kubota & Jindal Stainless
16 July 2024Based on technical analysis, Escorts Kubota & Jindal Stainless are identified as upside potential stocks. Both stocks have displayed promising structures and technical setups, including price volume contraction, and the potential to bounce back and breakout. Currently trading at Rs 4,034.90 and Rs 5,787.50 respectively, their price aligns with positive signals from technical indicators like …

CRISIL Reports 3.4% Income Growth in the Quarter Ended June 30
16 July 2024On July 16, 2024, CRISIL Ltd announced in a stock exchange filing that the company’s board had approved the unaudited financial results for the second quarter ended June 30, 2024 (Q2 2024). CRISIL’s consolidated income from operations increased by 3.4% to ₹797.4 crore in Q2 2024, compared to ₹771.0 crore in the same quarter last …

Promoter Confidence: Companies Where Promoters Have Increased Their Stake Over Time
16 July 2024In the stock market world, promoter confidence can be a strong indicator of a company’s potential for growth and stability. When promoters—the key stakeholders and often founders—increase their stake in a company, it often signals their belief in the company’s future prospects. Let’s explore some companies where promoters have demonstrated increased confidence by raising their …

Fischer Medical Ventures and Nanyang Biologics Forge Partnership for Next-Generation Healthcare
16 July 2024Industry leader Fischer Medical Ventures Ltd (Fischer MV) and Nanyang Biologics (NYB), a rising star in drug discovery, have joined forces to revolutionise the healthcare landscape. This strategic partnership, announced on July 16, 2024, signifies a commitment to delivering innovative, evidence-based solutions that promote holistic health and well-being. Fischer MV, formerly Fischer Chemic Ltd, is …

These 3 Stocks from BSE 500 Jumped Over 5% Today; Do You Own Any?
16 July 2024The benchmark index S&P BSE 500 opened today at 36,753.59 and made its day high at 36,780.12, and it is trading in green today, 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. Chennai Petroleum Corporation Ltd …

Upper Circuit Stocks Today – 16 July, 2024
16 July 2024On Tuesday, the benchmark indices were trading in the green with the Sensex up around 120 points or 0.18% at 80,790, while the Nifty-50 was up around 55 points or 0.22% at 24,642. About 2,115 shares have advanced; 1,079 declined and 117 are unchanged on the BSE. Top gainers and losers on the BSE Sensex …

Market Movers: Here Are Today’s High-Volume Buzzers!
16 July 2024Domestic indices continued their upward trend, hovering around 52-week highs on the bourses. Broader indices outperformed the main indices by a notable margin. At 10:10 am, the BSE Sensex added 0.12% reaching a level of 80,763. The Nifty 50 index gained 0.15% to the 24,622 level. On the Sensex, Bharti Airtel, Infosys and Tata Steel …

Yes Bank Faces GST Demand and Penalty on Input Tax Credit
16 July 2024Yes Bank Limited issued a statement on July 16, 2024, regarding a recent order received from the Tamil Nadu Goods and Services Tax (GST) department. The order, dated July 15, 2024, pertains to a demand for the reversal of input tax credit (ITC) claimed by the bank, along with associated interest and a penalty of …
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