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Vodafone Idea To Offer Rs 2,458 Crore Stake for Debt Clearance and 5G Launch

Vodafone Idea To Offer Rs 2,458 Crore Stake for Debt Clearance and 5G Launch

14 June 2024

Vodafone Idea is one of the leading telecom service providers in India. The company’s business services include voice business/ services, broadband services, content services, enterprise services, and other VAS offerings like entertainment, SMS, and Utility. It is the third largest telecom operator in India.  Vi to sell Rs.2,458 crore stake On June 13, Vodafone Idea …

FDI Equity Inflows in India for FY24; Infrastructure and Power sector in focus

FDI Equity Inflows in India for FY24; Infrastructure and Power sector in focus

13 June 2024

Monthly Trends in FDI Equity Inflows Sr.No Month FDI Equity inflow (Rs crore) 1 April, 2023 41,877 2 May, 2023 22,055 3 June, 2023 25,999 4 July, 2023 20,917 5 August, 2023 24,071 6 September, 2023 33,957 7 October, 2023 52,755 8 November, 2023 23,628 9 December, 2023 19,771 10 January, 2024 49,829 11 February, …

Overnight Digest: Top 5 mid and small-cap stocks to watch out for June 14

Overnight Digest: Top 5 mid and small-cap stocks to watch out for June 14

13 June 2024

On Thursday, the market posted a record close amid broad-based gains. The market cap of BSE-listed companies rose to Rs 432 lakh crore, with an addition of Rs 2.5 lakh crore today. The Sensex gained 0.27% after reaching a new all-time high of 77,145.46, while the Nifty increased by 0.33%, hitting a record high of …

Best Railway Stocks in India Based on 5Y-CAGR

Best Railway Stocks in India Based on 5Y-CAGR

31 October 2022

The Indian railway industry boasts a long and storied history, serving as the backbone of the nation’s transportation network. The railway sector is crucial for the country’s transportation needs and has government backing. The Indian government prioritises railway development, injecting funds into infrastructure projects. This translates to potential growth for railway companies as they expand …

Best Paint Stocks in India – June 2024

Best Paint Stocks in India – June 2024

6 September 2023

Investing in the Indian paint sector can be a compelling opportunity as the industry witnesses robust growth driven by infrastructure development, urbanisation, and increasing disposable incomes. In its June 2023 report, Akzo Nobel India, a prominent paint manufacturer, projected that India’s paints and coatings industry will grow to US$12.22 billion (₹1 lakh crore) over the …

Adani Group Targets Major Cement Acquisitions With $3 Billion Investment Plan

Adani Group Targets Major Cement Acquisitions With $3 Billion Investment Plan

13 June 2024

Adani Group is an Indian multinational conglomerate, headquartered in Ahmedabad. Founded by Gautam Adani in 1988 as a commodity trading business, the Group’s businesses include sea and airport management, electricity generation and transmission, mining, natural gas, food, weapons, and infrastructure. The Group has now planned for a $3 Billion plan in the cement space. Adani …

Sobha: Rights Issue to Open on June 28 at Rs.1,651 per Share

Sobha: Rights Issue to Open on June 28 at Rs.1,651 per Share

13 June 2024

Sobha Limited was incorporated in 1995, It is a real estate developer engaged in the construction to operations of townships, housing projects, commercial premises, and other related activities. The Company is also engaged in manufacturing activities related to interiors, glazing and metal works, and concrete products.  Sobha Board Approves Right Issue Shares of the real …

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

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

13 June 2024

The benchmark index S&P BSE 500 opened today at 34,951.04 and made its day high at 34,959.06, and it is trading in green today, up by more than 0.40%. From the same space, these are the top 3 companies that outperformed the benchmark index and were up by more than 5% today. Archean Chemical Industries …

Gujarat-Based Company on the Verge of Multi-Month Breakout: India’s Largest in Its Sector

Gujarat-Based Company on the Verge of Multi-Month Breakout: India’s Largest in Its Sector

13 June 2024

The NSE benchmark Nifty50 index reached a fresh all-time high at the opening bell today. However, it soon retraced some of those gains. At the time of writing, the Nifty50 index is up by 73 points, hovering around the 23,400 mark. Most sectors were trading in the green on Thursday, led by Nifty Realty and …

360 One WAM Acquires Moneygoals in Landmark Deal to Bolster Wealth Management Services

360 One WAM Acquires Moneygoals in Landmark Deal to Bolster Wealth Management Services

13 June 2024

360 One WAM Limited (formerly known as IIFL Wealth Management Limited), a leading wealth management firm in India, announced a significant acquisition today. The company’s Board of Directors approved the acquisition of Moneygoals Solutions Limited (MGSL) from Times Internet Limited (TIL) on June 12, 2024. This strategic move strengthens 360 One WAM’s position within the …

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