The Nifty Healthcare Index has significantly outperformed the Nifty50 benchmark, delivering 46% returns in the past year and 18% returns year-to-date, compared to Nifty50’s 28.8% returns over the past year and 10.8% returns year-to-date. Among the notable performers in the healthcare sector, five stocks have shown positive growth across various financial metrics. These stocks are …
Overview of the Agreement JSW Tuticorin Multipurpose Terminal Private Limited, a subsidiary of JSW Infrastructure Limited, entered into a concession agreement with V.O. Chidambaranar Port Authority in Tamil Nadu. This agreement is for the development and mechanization of North Cargo Berth-III (NCB-III) to handle dry bulk cargo. The project will be executed on a Design, …
The Housing Development Finance Corporation Limited (HDFC) was amongst the first to receive an ‘in principle’ approval from the Reserve Bank of India (RBI) to set up a bank in the private sector. HDFC Bank is a publicly held banking company, the bank was incorporated in August 1994 under the name of ‘HDFC Bank Limited’, …
India’s growing defence sector boasts several prominent players, each contributing to the nation’s self-reliance in military equipment. The Indian government has set the defence production target at US$ 25 billion by 2025 (including US$ 5 billion from exports by 2025). Today, let’s explore two giants: Hindustan Aeronautics Limited (HAL) and Bharat Dynamics Ltd (BDL). Both …
CSB Bank (formerly The Catholic Syrian Bank Ltd) is engaged in the business of banking Services, the oldest private sector bank in India with a history of over 100 years, and a strong base in Kerala, The Bank focuses on SME, retail, and NRI customers. The bank has a network of over 785 branches and …
Welspun Specialty Solutions Ltd. has secured a major order worth Rs.117 crore from Bharat Heavy Electricals Ltd. (BHEL) which involves supplying stainless steel boiler tubes to the NTPC Talcher thermal power project, expected to be completed by December 2024, according to an exchange filing that came out yesterday. Official Statement In a filing, Welspun Specialty …
Stock Performance Overview Shares of Solar Industries Ltd. experienced a significant surge on Tuesday, rising by as much as 9% to reach a record high of Rs 11,190 on the NSE. The stock opened at Rs 10,220, briefly dipped to an intraday low of Rs 10,201.20, and then rebounded to hit its all-time high. This …
Westside, part of the iconic Indian Tata family, announced through a stock exchange filing that it had opened a new Gurgaon store to inspire fashion lovers. Located at WS-Good Earth, Sector 69, Gurgaon, Haryana—122101, the store covers 27,472 square feet and offers a wide range of Westside’s brands, including clothing, accessories, cosmetics, footwear, and home …
On July 2, 2024, HCL Technologies Limited (HCLTech) announced a new partnership with IBM to establish a Generative AI Center of Excellence (GenAI CoE) based on IBM’s Watsonx™ AI and data platform. This initiative will be hosted at HCLTech’s AI and Cloud Native Labs across Noida, London, New Jersey, and Santa Clara. It aims to …
Happiest Minds Technologies Limited achieved significant recognition, as it was honoured with the prestigious ‘CNBC-TV18 India Risk Management Award 2024’ in the mid-cap category. The award ceremony, held at St. Regis, Mumbai, saw Raja Sekher, Executive Vice President and head of Engineering and Business Excellence, and Sriranga Krish, Vice President of Finance, accept the accolade. …
