Ashok Leyland, one of the largest commercial vehicle manufacturers, plans to launch six new light commercial vehicles in the next 12 months. This new rollout is part of their plan to grow their light commercial vehicles (LCV) market share from the current 20% to 25%. Amandeep Singh, who heads the international business at Ashok Leyland, …
The domestic indices displayed resilience, thanks to robust gains in information technology and banking sector stocks. However, broader indices faced heavy selling pressure, particularly affecting lending companies like Power Finance Corporation Ltd, REC Ltd, IREDA Ltd following the RBI’s tightening of rules for lending. At 10:55 am, the BSE Sensex surged 0.39% reaching a level …
The benchmark index S&P BSE 500 opened today at 33,242.19 and made its day high at 33,244.57, and it is trading in red today, down by more than 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. Rainbow Children’s Medicare …
IndusInd International Holdings Limited(IIHL), is the promoter of India’s fifth largest private sector lender, IndusInd Bank and is also the group which got a nod from NCLT for the buyout of Reliance Capital under the insolvency code. The Mauritius-based holding company also holds a 60% stake in Invesco mutual funds. The group is now aiming …
On Friday, the market witnessed a significant downturn, marking its largest intraday fall in two months. Profit booking at record levels led to a substantial decline, with the Sensex dropping by 0.98% and closing at 73,878.15 points, while the Nifty also plunged by 0.76% and closed at 22,475.85 points. Both indices were approximately 1.5% off …
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. Easy Trip Planners Ltd Today, Easy Trip Planners Ltd witnessed a price volume breakout with its stock price reaching a high of Rs 47.15 before settling at Rs 46.45, slightly above the previous …
Max Financial Services and Sanofi India 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 1,001.15 and Rs 8,620 respectively, their price aligns with positive signals from technical indicators …
The Bombay Stock Exchange (BSE), one of India’s premier stock exchanges, is a key player in the country’s financial landscape. Recently, there have been significant developments surrounding the BSE’s wholly-owned subsidiary, the Indian Clearing Corporation Limited (ICCL). ICCL has been making waves in the industry with its impressive financial performance and innovative initiatives. This article …
On May 1, 2024, Bharti Airtel informed the stock exchanges that Airtel Xstream Play has partnered with Sun NXT, a leading video streaming platform owned and operated by Sun TV Network Limited. The company stated that Airtel Xstream Play customers can now avail themselves of Sun NXT’s more than 50,000 hours of content, which includes …
On May 1, 2024, Jindal Stainless announced major expansion and acquisition plans to increase its melting and downstream capacities and become one of the largest stainless steel producers globally. The company also revealed a three-pronged investment strategy worth nearly ₹5,400 crore to achieve global leadership in stainless steel. The company stated that it entered into …
