Reliance Infrastructure Limited (RIL), a leading Indian infrastructure company, announced a strategic move to bolster its manpower service offerings. Through its wholly-owned subsidiary, Reliance Velocity Limited (RVL), RIL has entered into an agreement to acquire a significant stake in Utility Powertech Limited (UPL). Expanding Reach in Manpower Services The acquisition signifies RIL’s commitment to expanding …
Wardwizard Innovations & Mobility Limited, the company behind the popular “Joy e-bike” and “Joy e-rik” electric two-wheeler brands, is revving up its production lines. In April 2024, they reported a significant surge in electric two-wheeler dispatches, clocking in at 1,071 units. This impressive number marks a whopping 135% increase compared to April 2023, when the …
On Thursday, the benchmark indices were trading in the red with the Sensex down around 515 points or 0.71% at 72,148, while the Nifty-50 was down around 145 points or 0.66% at 21,909. About 964 shares have advanced; 2,724 declined and 138 are unchanged on the BSE. Top gainers and losers on the BSE Sensex …
JSW Steel Limited, a flagship company of JSW Group, recently announced its monthly production for April 2024 through an exchange filing dated May 11, 2024. The company recorded consolidated Crude Steel production for the month at 21.21 Lakh tonnes, reflecting a YoY growth of 0.4%. The capacity utilisation at its Indian Operations stood at 88% …
Amidst uncertainties surrounding election jitters, Indian headline indices experienced bearish investor sentiment and a significant decline. The lack of investor confidence was evident not only in the main indices but also in the broader markets, as all sectoral indices reported notable losses. At 10:45 am, the BSE Sensex plunged 1.07% reaching a level of 71,885. …
Stocks of the Tata Group company, Tata Motors Ltd, have fallen by 8% in today’s morning session on flat margin guidance for JLR by the management in the Q4 FY 2023-24 earnings presentation. Tata Motors Q4 highlights Tata Motors in its Q4 FY 2023-24 has reported a revenue of Rs.1.19 Lakh crores against a revenue …
ABB India Limited recently released results for the first quarter ended March 31, 2024 (Q1 CY2024). The company reported sales of ₹3,080 crore for the first quarter, up 28% year over year, thanks to a robust backlog, an installed base, and the market reach of all business divisions. Services and exports were also major contributors …
On May 10, 2024, the Nifty 50 rose 0.44% and closed at 22,055, and the Sensex increased 0.36%, closing at 72,664. Top Gainers and Losers On the sectoral front, Nifty Metal, Nifty Midsmall Healthcare, Nifty Oil and Gas and Nifty FMCG ended in the green. Meanwhile, Nifty IT, Nifty Realty, Nifty PSU Bank, and Nifty …
Thursday witnessed a significant market recovery on the weekly expiry, with indices ending the session at day’s highs. The Sensex surged by 0.93%, closing at the level of 73,663.72, while the Nifty reclaimed the 22,400 mark, registering a gain of 0.92% and closing at 22,403.85 Among sectors, Nifty IT, Nifty Realty, and Nifty Media closed …
During Thursday’s trading sessions, these three equities gained significantly with price and volume activity, indicating potential bullish action. Here’s an in-depth look. Windsor Machines Ltd Currently trading at Rs 93.1, Windsor Machines Ltd saw a significant uptick of 9.47% from its previous close, reaching Rs 94.2. This surge accompanied a notable spike in traded volume, …
