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Smart Asset Allocation: Utilising the Breakdown from Nifty500 to Nifty Midcap Select Indices

26 April 2024

In the dynamic landscape of financial markets, smart asset allocation stands as a cornerstone of successful investment strategies. One avenue for optimising allocation is by delving into the breakdown from the Nifty500 to the Nifty Midcap Select indices. This approach allows investors to gain deeper insights and potentially uncover opportunities within different segments of the …

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Tata Communications Recognised by Gartner for 11th Consecutive Year in Global WAN Services

26 April 2024

On April 26, 2024, Tata Communications informed the stock exchanges that the company has been recognised as a Leader in the 2024 Gartner Magic Quadrant for Global WAN Services for the 11th straight year. The evaluation from Gartner was based on specific criteria that analysed the company’s overall completeness of vision and ability to execute. …

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Tanla Platforms Limited Shares Down by 3.15% Despite 17.1% Revenue Growth in FY 2024

26 April 2024

On April 25, 2024, Tanla Platforms Limited released its financial results for the fiscal year ended 2024 and Q4 FY 2024. In FY 2024, the company reported an increase in its revenue by 17.1% year-over-year to ₹39,278 million. Financial Highlights of FY 2024 In FY 2024, Tanla Platforms Limited reported a gross profit of ₹10,559 …

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Kirloskar Industries Hits Significant Milestone of Rs 5,000 Per Share Today

26 April 2024

Kirloskar Industries is engaged in the business of iron castings, investments (securities and properties), wind power generation, and real estate. The company owns lands, buildings, apartments, and offices in Pune, New Delhi, and Jaipur. It has leased most of these lands, buildings, and offices to the group and other companies on a lease and license …

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Vodafone Idea Records Over 2 Billion Shares Traded

26 April 2024

Vodafone Idea Ltd experienced notable trading activity today with a high of Rs 13.7 and a volume of 2.15 billion shares due to the block deal. Today the stock recorded the highest volume in a trading session since its inception. The stock is currently trading at Rs 13.45, down by 3.24% from its previous close …

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V.S.T Tillers Tractors Ltd Expands into the US Market with Wholly Owned Subsidiary, VST Americas Inc.

26 April 2024

On April 26, 2024, V.S.T Tillers Tractors Ltd informed in an exchange filing that on April 25, 2024, the company incorporated a wholly owned subsidiary in the name of VST Americas Inc. This new wholly-owned subsidiary was incorporated in the United States. This new subsidiary was set up to assist V.S.T Tillers Tractors Ltd in …

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REC Limited Secured a Green Loan for ~60.5 Billion Japanese Yen

26 April 2024

On April 25, 2024, REC Limited, a Maharatna Central Public Sector Enterprise and leading NBFC under the Ministry of Power, announced that it had availed a Green Loan of Japanese Yen (JPY) 60.536 billion to fund eligible green projects in India. The company also stated that the Italian Export Credit Agency, SACE (Italy), under their …

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Mphasis Limited Announces Strategic Investments to Fuel Growth and Subsidiary Support

26 April 2024

Mphasis Limited, a leading IT solutions provider, outlined a strategic financial plan during a Board of Directors meeting on April 25, 2024. These strategic investments aim to enhance operational efficiency and support the continued growth of the company’s subsidiaries. Capital Infusion for European Subsidiary Investment Amount: Mphasis Limited will invest up to US$80 million in …

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GTPL Hathway Launched Updated Version of WhatsApp bot, GIVA

26 April 2024

On April 26, 2024, GTPL Hathway Limited, a leading Multi-System Operator (MSO) in India through an exchange filing, launched an updated version of its WhatsApp bot, GIVA, integrating advanced AI capabilities. As part of GTPL Hathway’s commitment to drive excellence through cutting-edge digital innovations, the upgraded bot is designed to automate customer support, enable self-service, …

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A Quick Look At April 2024 Auto Sales: Auto Stocks in Focus

2 May 2024

The automobile sector plays a significant role in macroeconomic expansion and technological advancement, making the industry a proven indicator of economic growth. Due to a large proportion of India’s population being under 30 and a developing middle class, the two-wheeler segment leads the market in terms of volume. India is the world’s largest tractor maker, …

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