On July 15, 2024, GRM Overseas, a top Indian exporter of basmati rice and a leading FMCG food company, introduced “Gulistan Kachi Ghani Mustard Oil” as part of its 10X brand lineup. This new mustard oil is now available nationwide in 1-litre bottles and 5-litre jars. The launch aims to enhance the product range of …
On July 15, 2024, Hindustan Zinc Limited, India’s largest and the world’s second-largest integrated zinc producer, released its 7th Tax Transparency Report. The report highlights the company’s significant contribution to the national exchequer and unwavering commitment to nation-building. Key Takeaways Hindustan Zinc contributed a remarkable ₹13,195 crore to the exchequer in FY 2023-24, representing nearly …
On July 15, 2024, Thomas Cook (India) Limited announced via a stock exchange filing that its wholly-owned subsidiary, Sterling Holiday Resorts, has opened Sterling Aravalli Udaipur in Rajasthan. This marks the third resort in Udaipur and the sixth in the state. Set on 2.5 acres of beautifully landscaped grounds with stunning views of the Aravalli …
India’s power sector is abuzz with activity as 15 major companies, including industry giants like Adani Power, JSW Energy, and NTPC, have submitted expressions of interest (EOIs) to revive the struggling Sinnar Thermal Power plant near Nashik, Maharashtra. This 1,350 MW coal-fired facility, a subsidiary of RattanIndia Power and originally developed by Indiabulls Power, presents …
SRM Contractors Limited has secured a significant new project with the National Highway Authority of India (NHAI). The company has signed an agreement for an EPC (Engineering, Procurement, and Construction) project valued at Rs 278.48 crore. This project focuses on the upgradation and strengthening of a key highway section in Jammu and Kashmir. The specific …
The giants of the Indian IT sector, Tata Consultancy Services (TCS) and HCL Technologies Ltd (HCLTech), recently released their Q1 FY 2025 results. Q1 FY 2025 Financial Highlights of HCLTech HCL reported revenue of ₹28,057 crore, a decrease of 1.6% quarter-on-quarter but an increase of 6.7% year-on-year. The company’s EBIT stood at ₹4,795 crores, representing …
On July 13, 2024, Avenue Supermarts Ltd, a major food and grocery retailer in India, announced its financial results for the quarter ended June 30, 2024. Standalone Results Avenue Supermarts Ltd (ASL’s revenue for this period was ₹13,712 crore, up from ₹11,584 crore in the same quarter last year. EBITDA reached ₹1,221 crore, compared to …
PSUs Take Centre Stage in Standard Index Revamp Morgan Stanley Capital International (MSCI), a prominent provider of global equity indexes, has unveiled its quarterly review outcomes today, February 13th. Among the five newly included entities, four are public sector companies (PSUs), poised to wield considerable influence as they dominate the list of inclusions in the …
Forget the flashy headlines and skyrocketing penny stocks. Today, we’re diving into the underdogs of the market: Low PEG Midcap stocks. These aren’t your typical glamour queens, but they might just hold the key to sustainable, long-term returns. But before you jump in headfirst, let’s crack the PEG code and see if these hidden gems …
The benchmark indexThe present 52-week high of the stock stood at Rs 965.00, whereas the 52-week low is Rs 609.50. opened today at 31,273.14 and made its day high at 31,308.02 and it is trading flat today, down by around 0.02% From the same space, these are the top 3 companies that outperformed the benchmark index …
