In a landmark development for the power sector, Power Finance Corporation Ltd. (PFC), a prestigious Maharatna Central Public Sector Enterprise (CPSE) and a leading Non-Banking Financial Company (NBFC) in the power domain, sealed a momentous Memorandum of Understanding (MoU) with the Government of Gujarat (GoG) on January 3, 2024. The signing ceremony, held in the …
On Monday, the benchmark indices were trading lower with the Sensex down around 60 points or 0.10% at 72,190 while the Nifty-50 down around 3 points or 0.01% at 21,730. About 2,515 shares have advanced, 1,080 declined, and 221 are unchanged on the BSE. Top gainers and losers on the BSE Sensex index are as …
As we reflect on the past year, it’s undeniable that 2023 was nothing short of remarkable for Nifty. Despite the looming uncertainty that cast doubt on the bull-run, Nifty not only weathered the storm but delivered an impressive 20% return. However, as we stand on the cusp of a new year, the million-dollar question lingers …
Strategic Land Acquisition in Bengaluru Godrej Properties Ltd. (GPL), a prominent player in India’s real estate development, has announced a strategic land acquisition in Yeshwanthpur, Bengaluru. The 4-acre parcel, situated along National Highway – 75, is a prime location estimated to yield approximately 0.7 million square feet of saleable area. This includes premium residential apartments, …
KPI Green Energy Limited has recently secured a substantial new order, marking a significant milestone for the company. The order, valued at 2.10 MW, was received in collaboration with its wholly-owned subsidiary, KPIG Energia Private Limited, under the ‘Captive Power Producer (CPP)’ segment. The commercial order was awarded by M/s Radhey Krishna Terene Pvt. Ltd. …
Shares of Bajaj Auto Ltd. reached a record high of Rs 7,059.75 today, fueled by recently posted robust December sales figures. The stock surge reflects investor confidence in the company’s future prospects, bolstered by its consistent financial performance and strategic initiatives. Buyback on the Horizon The Board of Directors will consider a proposal for a …
The Goenka Group, a titan of Indian industry, boasts a diverse portfolio of companies spanning everything from infrastructure to FMCG. In 2023, while the market witnessed its fair share of ups and downs, one Goenka gem emerged as a clear champion, leaving investors grinning and analysts scratching their heads. Goenka Group stock performance Goenka Group’s …
The insurance sector in any economy provides various types of coverage and financial protection to individuals, businesses, and institutions. Insurance company stocks are shares from companies engaged in the insurance business. Investing in these stocks can offer long-term growth and stability, as the insurance sector is crucial for managing and mitigating risks. Over the past …
Diwali holds special significance for investors and traders in the stock market, thanks to the age-old tradition of Muhurat Trading. During Diwali, traders eagerly participate in Muhurat Trading, a unique one-hour trading window that is considered auspicious, with hopes of a prosperous trading year ahead. What is Muhurat Trading? In Hindu astrology, a Muhurat is …
Hold onto your hats, folks, because RBL Bank just made a move that’s sending shockwaves through the Indian banking scene. They offloaded nearly Rs 800 crore of their dodgy credit card debt to Kotak Mahindra Bank, and let me tell you, it’s not as simple as “one bank’s trash is another’s treasure.” Why the fire …
