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Capri Global jumps over 12% on planning to develop insurance platform; details inside

Capri Global jumps over 12% on planning to develop insurance platform; details inside

16 January 2024

At 1 pm, Capri Global Capital shares were trading at Rs 913.25, up by 12.17% from its previous closing of Rs 814.20 on the BSE. Developing Insurance platform  Capri Global Capital has unveiled its strategy to develop an innovative insurance platform designed to optimize the Corporate Agency License issued by the Insurance Regulatory and Development …

L&T Secures New Order for Mumbai-Ahmedabad High-Speed Rail Project

L&T Secures New Order for Mumbai-Ahmedabad High-Speed Rail Project

16 January 2024

L&T Construction’s Railways arm has secured a massive contract to build the electrification system for the Mumbai-Ahmedabad Bullet Train project. This order, awarded by a Japanese agency, spans 508 km and marks the first time India will implement Japan’s Shinkansen High-Speed Electrification technology. The order is expected to be worth about Rs 15,000 crore. About …

The comeback of LIC India: Stock surges past listing price with a 3-month rally

The comeback of LIC India: Stock surges past listing price with a 3-month rally

17 January 2024

On Tuesday, Life Insurance Corporation of India (LIC) witnessed a significant milestone as its shares surpassed the listing price of Rs 875.25 for the first time since its debut on May 17, 2022. The insurance giant had entered the Indian stock exchanges at Rs 875.25 per share, slightly below the issue price of Rs 949. …

IndiGo Airlines: Where intelligence meets air travel

IndiGo Airlines: Where intelligence meets air travel

17 January 2024

The airline industry is a fascinating microcosm of the global economy. It’s a complex network of planes, passengers, and logistics, all working together to keep us connected across continents. But how do we measure the health and success of this industry? And how does India’s leading airline, IndiGo, stack up against global giants. Buckle Up: …

Overnight Digest: Top 5 mid and small-cap stocks to watch out for January 17

Overnight Digest: Top 5 mid and small-cap stocks to watch out for January 17

16 January 2024

On Tuesday, the main stock market indices showed a negative trend, with the Sensex dropping by 0.27% to 73,128.78, and the Nifty decreasing by 0.29% to 22,032.30. The broader market indices, Nifty Midcap and Nifty Smallcap, also saw moderate declines of 0.36% and 0.48%, respectively. In specific sectors, Nifty Metal, Nifty FMCG, Nifty Media, and …

Best Telecommunication Stocks in India 2024

Best Telecommunication Stocks in India 2024

16 January 2024

Telecom Revolution in India India’s telecommunications sector is currently valued at Rs 3,000 billion and is projected to grow at a robust CAGR of 7-9% by FY 24. Fuelled by progressive policies and a friendly investor environment, India has become a hub for global telecom manufacturing, showcasing substantial growth in service revenue over the years. …

These 6 NSE stocks surged over 10% and hit 52-week highs today: Keep them on your radar for tomorrow

These 6 NSE stocks surged over 10% and hit 52-week highs today: Keep them on your radar for tomorrow

16 January 2024

Today, the broader indices, NSE Nifty50 and BSE Sensex, ended the day in the red. The Nifty50 closed at 22,032, marking a decline of 65.15 points or 0.29% compared to the previous day’s closing level. Meanwhile, the BSE Sensex concluded at 73,128.77, reflecting a decline of 199.17 points. Among all the stocks listed on the …

RVNL secures lowest bidder status for Jabalpur project valued at Rs 251 crore

RVNL secures lowest bidder status for Jabalpur project valued at Rs 251 crore

16 January 2024

During Tuesday’s deals, the shares of Rail Vikas Nigam Limited zoomed by 3.43%. Additionally, the stock hit a fresh 52-week high mark of Rs 231.80 apiece on BSE. Furthermore, the scrip witnessed a massive spurt in volume by more than 2.83 times. The company’s current market capitalisation is Rs 46,600.20 crore. Recent development: The company …

Popular brands and their listed companies: Three stocks delivered over 100% return

Popular brands and their listed companies: Three stocks delivered over 100% return

16 January 2024

We regularly use and incorporate numerous products from various brands into our daily lives, many of which have become indispensable elements of our existence. Among these products, certain items develop an emotional connection with us. Even if we encounter alternatives with similar advantages at a more favourable cost, our inclination often leans towards emotionally attached …

Top 3 breakout stocks trading below Rs 100

Top 3 breakout stocks trading below Rs 100

16 January 2024

These three equities gained significantly during Tuesday’s trading sessions, indicating strong bullish action. Here’s an in-depth look. South Indian Bank Ltd South Indian Bank has recently demonstrated a notable volume-price breakout, accompanied by a 52-week high breakout. Currently valued at Rs 29.85, the stock has experienced a significant surge in trading activity. The breakout is …

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