The capital expenditure for the next fiscal is projected at Rs 11.11 lakh crore, marking an 11.1% increase, underlining its crucial role in driving economic growth. Infrastructure investments have been pivotal in stimulating job creation and attracting private investment. Notably, the road and rail sectors are poised to benefit significantly. In the latest budget, the …
Following an earlier notification on June 19, 2024, regarding a partial production stoppage due to a labour strike at the Rakholi and Chinchpada plants, KEI Industries Limited is pleased to announce a positive development. Strike Resolution and Resumption of Normal Operations On June 21, 2024, the company announced that the labour strike had been successfully …
On June 21, 2024, Rail Vikas Nigam Limited announced that the South Eastern Railway’s Electrical Headquarters identified it as the Lowest Bidder (L1). The project involves the design, supply, erection, testing, and commissioning of a 132 KV Traction Substation, Sectioning posts (SPs), and Sub-sectioning posts (SSPs) in a 2x25KV System on the Rajkhaswan-Nayagarh-Bolani section of …
Garden Reach Shipbuilders & Engineers Ltd (GRSE), a prominent Indian shipbuilding company, has successfully secured a substantial contract worth $54 million (around Rs.448 crore) which involves the construction and delivery of four multi-purpose vessels for a German client. Details of the Contract The contract, signed with M/s Carsten Rehder Schiffsmakler and Reederei GmbH & Co., …
Maharashtra Scooters Ltd (MSL) continues to operate as a Core Investment Company (CIC), which does not require registration with the RBI. As a CIC, a minimum of 90% of its assets are invested in the Bajaj group. The remaining balance, representing accumulated surpluses, is invested in debt and other instruments with the sole objective of …
TVS Motor Company Ltd. (TVSM) is engaged in manufacturing two-wheelers and their accessories, It currently manufactures a wide range of two-wheelers and three-wheelers. TVSM is one of the leading players in the two-wheeler industry and is the only company to have a presence in all three categories, i.e., motorcycles, scooters, and mopeds, catering to both …
During Friday’s trading sessions, these three equities gained significantly with price and volume activity, indicating potential bullish action. Here’s an in-depth look. Barak Valley Cements Ltd Barak Valley Cements Ltd saw a significant price movement today, reaching a high of Rs 65.15, with a traded volume of 2.54 lakhs. The stock is currently trading at …
On Friday, the market failed to maintain its opening gains, with profit booking seen at record levels. The Sensex declined by 0.35%, closing at 77,209.90, while the Nifty fell by 0.47%, ending at 23,501.10. Within the sectoral landscape, Nifty Media, Nifty IT, and Nifty Metal were among the top gainers, while Nifty FMCG, Nifty PSU …
The benchmark index S&P BSE 500 opened today at 35,369.15 and made its day high at 35,380.28, and it is trading flat today, down by around 0.07%. From the same space, these are the top 3 companies that outperformed the benchmark index and were up by more than 5% today. Cera Sanitaryware Ltd Shares of …
Bikaji Foods has been making waves in the stock market, with its share price recently jumping by 4% to reach a new 52-week high and surging around 36% in a month. This rise is largely attributed to positive evaluations from several brokerage houses, which have assigned a “buy” rating to the stock, the bullish sentiment …
