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Max Estates To Strengthen Land Portfolio: Signed Joint Development Agreement

3 May 2024

The real estate division of the Max Group, Max Estates Limited (Max Estates), announced in an exchange filing on May 02, 2024, that it had entered a legally binding agreement for a possible Group Housing Residential construction on 18.23 acres of land. The development area in Gurugram, which spans over 4 million square feet, has …

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Upper Circuit Stocks Today – 03 May, 2024

3 May 2024

On Friday, the benchmark indices were trading in the red with the Sensex down around 200 points or 0.25% at 74,435, while the Nifty-50 was down around 22 points or 0.10% at 22,628. About 1,578 shares have advanced; 1,935 declined and 174 are unchanged on the BSE. Top gainers and losers on the BSE Sensex …

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Market Movers: Here Are Today’s High-Volume Buzzers!

3 May 2024

Bajaj twins, Bajaj Finance and Bajaj Finserv, spearheaded today’s gains, propelling the indices closer to their all-time highs on the bourses. Additionally, power, metal, and utilities sectors emerged as other leading gainers, with all sectoral indices posting notable gains. The initial gains were considerably reduced later on. At 10:10 am, the BSE Sensex added 0.08% …

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Hindustan Motors Locked at Upper Circuit – Multibagger Stock in 4 Months

3 May 2024

The calendar year 2024 has been a roller coaster ride for the stock market. Market participants have faced uncertainties due to a mix of potential rate cuts and geopolitical issues. However, a resilient domestic economy has kept investor morale high. As a result, the NSE benchmark Nifty 50 index is up about 4.83% and reached …

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Share Market Pre Open Updates – May 03, 2024

3 May 2024

On May 02, 2024, Nifty 50 and Sensex rose 0.19% and 0.17% to 22,648 and 74,611, respectively. Foreign Institutional Investors (FII) sold securities worth around ₹964 crore, while domestic investors bought shares worth ₹1,352 crore. Top Gainers and Losers On the sectoral front, Nifty Auto, Nifty Metal, Nifty Pharma, and Nifty Financial Services 25/50 ended …

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InterGlobe Aviation Becomes the Third Largest Airline by Market Cap

2 May 2024

A Rapid Ascent IndiGo Airlines, owned by InterGlobe Aviation, launched its commercial operations in 2006 as a private company and went public in 2015. Following a low-cost carrier (LCC) business model, IndiGo has swiftly ascended to become the largest airline in India, boasting over 60% of the domestic market share. As of December 2023, it …

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Tata Communications Introduces Sustainability-Linked Loan Framework

2 May 2024

On May 2, 2024, Tata Communications announced in an exchange filing that the company adopts a Sustainability-Linked Loan (SLL) framework to align all future long-term debt financing with its environmental commitments. The initiative, a first of its kind in the sector in India, highlights the company’s unwavering dedication to responsible business practices and sustainability leadership. …

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L&T Technology Services Strikes €45M Partnership with FORVIA for Clean Mobility Division

2 May 2024

On May 2, 2024, L&T Technology Services (LTTS) informed the stock exchanges that the company had signed a strategic partnership with FORVIA. The partnership represents an approximately €45 million contract for Engineering development activities for the benefit of its Clean Mobility division. As part of this five-year partnership, approximately 300 engineers from FORVIA’s Augsburg (Germany) …

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Filatex India Limited Acquires Texfil Private Limited for Polyester Textiles Recycling Project

2 May 2024

On May 1, 2024, Filatex India Limited informed the stock exchanges that the company had acquired existing shares of Texfil Private Limited. The textile manufacturer, Filatex India Limited, has acquired all existing 2,000 Equity Shares of ₹10 each at a face value of ₹10 each from Mr Madhu Sudhan Bhageria and Mr Purrshottam Bhaggeria, Promoter …

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Top 3 stocks trading below Rs 100

2 May 2024

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. Jaiprakash Power Ventures Ltd Today, Jaiprakash Power Ventures Limited showcased promising movement, with the stock currently trading at Rs 20.05 after opening at a high of Rs 20.5. The trading volume spiked to …

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