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SMALLCAP World Fund Reduces Stake in KEI Industries

2 July 2024

Introduction to KEI Industries KEI Industries, formerly known as Krishna Electrical Industries, is a significant player in the Indian cable and wire industry. The company manufactures and markets a variety of power cables, including low-tension, high-tension, and extra-high voltage (EHV) cables. Additionally, KEI produces house wires and stainless-steel wires, serving sectors such as power, oil …

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Top 3 stocks trading below Rs 100

2 July 2024

During Tuesday’s trading sessions, these three equities gained significantly with price and volume activity, indicating potential bullish action. Here’s an in-depth look. Orient Paper and Industries Ltd Orient Paper and Industries Ltd hit a high of Rs 62.2 with a traded volume of 4.86 crore shares, currently trading at Rs 60.39. The previous close was …

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Technical Picks to Keep an Eye On: Bharat Dynamics & Frog Cellsat

2 July 2024

Bharat Dynamics & Frog Cellsat are identified as upside potential stocks based on technical analysis. 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 1,617 and Rs 353 respectively, their price aligns with positive signals from technical indicators like …

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These 3 Stocks from BSE 500 Jumped Over 5% Today; Do You Own Any?

2 July 2024

The benchmark index S&P BSE 500 opened today at 36,046.88 and made its day high at 36,050.21, and it is trading in green today, up by around 0.10%. From the same space, these are the top 3 companies that outperformed the benchmark index and were up by more than 5% today. Solar Industries India Ltd …

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Fertiliser Sector Stocks Surge on GST Rate Cut Expectations

20 June 2024

Fertiliser stocks have soared to record highs amidst anticipation that the upcoming Goods and Services Tax (GST) Council meeting could recommend exempting essential plant nutrients from the current 5% tax. Scheduled for June 22, this meeting marks the Fitment Committee’s first session since Prime Minister Narendra Modi’s third-term inauguration. Government-run firms NFL, RCF, GSFC, GNFC, …

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HDFC Bank: More Than Just a Bank – A Deep Dive into Its Holdings

20 June 2024

HDFC Bank, established in 1994, is a prominent public sector bank in India. Renowned for its retail, wholesale, and treasury services, it’s a subsidiary of HDFC Ltd. While its banking activities are widely known, HDFC Bank also holds significant stakes in a diverse range of companies. Shares of HDFC Bank have surged by 9% in …

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Gensol Engineering Expands BESS Capacity with ₹3,100 Crore Order

20 June 2024

On June 19, 2024, Gensol Engineering Ltd. received an additional 250 MW/500 MWh from Gujarat Urja Vikas Nigam Limited (GUVNL) for their Battery Energy Storage Systems (BESS) project. This brings their total project capacity to 500 MW/1000 MWh. The project, including both tranches, is expected to generate ₹2685 crore in revenue over 12 years under …

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Murugappa Group Company Hits Highest Level Since the 90s: EID Parry

19 June 2024

A Part of a Prestigious Conglomerate EID Parry, a key player in the sweeteners and nutraceuticals market, is part of the prestigious Murugappa Group, one of India’s leading business conglomerates. The company boasts an impressive roster of institutional clients, including Mondelez International, Britannia, ITC, Amul, Sun Pharma, GSK, and more. Record-Breaking Surge in Share Price …

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Upper Circuit Stocks Today – 02 July, 2024

2 July 2024

On Tuesday, the benchmark indices were trading in the red with the Sensex down around 65 points or 0.07% at 79,419, while the Nifty-50 was down around 19 points or 0.08% at 24,123. About 2,225 shares have advanced; 1,321 declined and 157 are unchanged on the BSE. Top gainers and losers on the BSE Sensex …

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Upper Circuit Stocks Today – 19 June, 2024

19 June 2024

On Wednesday, the benchmark indices were trading in the red with the Sensex down around 23 points or 0.02% at 77,287, while the Nifty-50 was down around 36 points or 0.15% at 23,523. About 1,502 shares have advanced; 2,054 declined and 135 are unchanged on the BSE. Top gainers and losers on the BSE Sensex …

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