On 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 …
Domestic 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 …
Rays Power Infra, a key player in India’s solar Engineering, Procurement, and Construction (EPC) service sector and a company eyeing an Initial Public Offering (IPO), marked a strong start to the fiscal year by announcing the acquisition of new projects worth ₹833 crore in the April-June quarter of 2024. This significant win translates to over …
The transportation sector is continuously evolving, marked by a substantial shift toward electric vehicles (EVs) as a sustainable alternative to traditional fossil-fuel-powered transport. This transition involves not only adopting new technologies but also adapting existing businesses to stay competitive with EV pioneers like Tesla. The shift towards EVs reflects changing industry dynamics and a growing …
REC Limited, a state-run entity, announced that the company has secured a green loan amounting to JPY 31.96 billion (equivalent to $200 million) from Deutsche Bank AG, GIFT City branch. This marks a significant step towards financing sustainable development in India. This green facility is a pioneering collaboration between an Indian government entity and Deutsche …
Major Order Win: A New Milestone HPL Electric & Power Limited has received a substantial work order valued at Rs 2100.71 crores from leading customers for the supply of smart meters. This order, inclusive of tax, is the largest in the company’s history, reflecting its robust market position and trusted customer relationships. The order will …
The ongoing saga between Religare Enterprises and the Burman family, promoters of Dabur India, took a new turn on Wednesday. The Securities Appellate Tribunal (SAT) stayed the show cause notice issued by market regulator SEBI to Religare and its directors on June 19th. This notice was part of a larger dispute regarding an open offer …
Shares of shipping companies such as Shipping Corporation of India, Shreyas Shipping, and shipbuilders like Mazagon Dock, Cochin Shipyard, and Garden Reach Shipbuilders experienced significant surges on Thursday. This upward movement, ranging from 5% to 18%, was driven by anticipation of positive announcements in the upcoming Union Budget. Anticipated Announcements in the Union Budget Reports …
In early trading today, shares of Yes Bank surged over 8% following analysts reaffirming their positive outlook for the private sector lender. This momentum pushed Yes Bank’s shares to reach around Rs.27.08, with its market capitalization rising to Rs.81,665 crore. Analysts Affirm Positive Outlook Analysts affirmed Yes Bank’s long-term foreign currency and local currency deposit …
TVS Motor Company (TVSM), a leading global two and three-wheeler manufacturer, has ignited the streets with the launch of the 2024 TVS Apache RTR 160 Racing Edition. This adrenaline-pumping machine embodies the rich heritage of TVS Racing, offering a race-inspired design for performance enthusiasts. Since its arrival in 2007, the Apache RTR 160 has been …
