Shyam Metalics and Energy Ltd, a leading force in India’s metals manufacturing industry, has unveiled a groundbreaking new product: the SEL Tiger Foil. This innovative aluminium foil reflects the company’s commitment to food safety and environmental responsibility. Driven by a deep understanding of consumer needs and a projected 7.4% Compound Annual Growth Rate (CAGR) for …
Oracle Financial Services Limited (OFSS), a leading provider of products and services to the financial services industry, recently released its results for the quarter (Q4 FY2024) and year (FY2024) ended March 31, 2024. Quarterly Performance On a consolidated basis, the company recorded a 12% YoY revenue growth to ₹1,642 crore. In addition, operating income for …
On April 24, 2024, Nifty 50 and Sensex rose 0.15% and 0.16% to 22,402 and 73,852, respectively. Foreign Institutional Investors (FII) sold securities worth around ₹2,511 crore, while domestic investors bought shares worth ₹3,809 crore. Top Gainers and Losers On the sectoral front, Nifty Metal, Nifty MidSmall Healthcare, Nifty Healthcare, and Nifty Consumer Durables closed …
On Monday, the market continued its upward momentum from Friday, reaching a one-week high. The Sensex surged by 0.77%, closing at 73,648.62 points, while the Nifty also saw significant gains, rising by 0.86% to reach 22,336.40 points. Notable gainers included Nifty PSU Bank, Nifty Pharma, Nifty Auto, and Nifty FMCG, while no major sectors underperformed. …
These three equities gained significantly with price and volume activity during Monday’s trading sessions, indicating potential bullish action. Here’s an in-depth look. Suzlon Energy Ltd Suzlon Energy Ltd experienced a significant trading day, as the stock price reached a high of Rs 41.3, with a traded volume of 62,114,928 shares. It is currently trading at …
UltraTech Cement Ltd, the cement flagship company of Aditya Birla Group, is a leading cement manufacturer in India, with a significant presence in the raw materials market. The company manufactures and sells a wide range of cement and cement-related products, catering to various construction needs across the country. The company has shown consistent growth and …
On April 22, 2024, Honasa Consumer Limited informed in an exchange filing that the company’s brand, The Derma Co., achieved an annual revenue rate of ₹500 crore. The Derma Co., an active ingredient-backed skincare brand, has announced this significant milestone, which highlights Honasa Consumers’ abilities to craft and scale new brands with strategic innovations, delivering …
On April 20, 2024, REC Ltd informed the stock exchanges that the company had incorporated a new subsidiary company in the power sector. Details of the Wholly Owned Subsidiary REC Ltd stated in a stock exchange filing that Bhadla-III Power Transmission Limited had been incorporated as a wholly owned subsidiary of REC Power Development & …
Sona BLW Precision Forgings Ltd (Sona Comstar) informed in an exchange filing that the company had launched a manufacturing facility in Mexico on April 20, 2024. Details of the New Manufacturing Plant One of the leading global providers of automotive technology solutions, Sona BLW Precision Forgings Ltd, announced the inauguration of its new manufacturing plant …
On April 21, 2024, Hero MotoCorp informed in an exchange filing about the expansion strategies of the company and inaugurated an assembly plant in collaboration with CG Motors. Details of the Collaboration and Expansion Plans Strengthening its presence in Nepal, the largest motorcycle and scooter manufacturer in the world, Hero MotoCorp, in partnership with its …
