Bharat Electronics Ltd (BEL), a crown jewel of India’s defence manufacturing, saw its shares surge over 3% on Friday, December 15th, fuelled by a massive order worth Rs 5,336.25 crore from the Ministry of Defence. Here’s why this mega-deal is a win-win for India: Strengthening Defence: The 10-year contract ensures a steady supply of electronic fuses for …
Cement giant UltraTech Cement is engaged in the manufacturing and sale of cement and cement-related products primarily in India. Today, the company’s shares experienced a significant surge in price, reaching a milestone of Rs 10,000 per share. Also, it holds the position of the largest company in its industry in terms of market capitalisation. At …
Chalet Hotels and Bhansali Engineering Polymers are a strong positive breakout candidate with price volume support. The stock price is currently trading at Rs 640 and Rs 102 respectively, has witnessed a formation of rectangle and symmetric triangle chart pattern. The RSI, ADX and other parameters of technical analysis are in sync with the breakout. …
Indian stock markets are touching new highs. There is one particular sector where stocks are touching new lows. Consumer durable stocks, namely Whirlpool Off India Ltd., Orient Electric Ltd., Symphony Ltd., and Crompton Greaves Ltd. The companies are fundamentally strong, with very strong products and a good market share in India. These companies have not …
The Housing & Urban Development Corporation Limited is primarily engaged in financing housing and urban development activities in the country. Today, the company experienced a significant surge in its share price. At the start of the trading session, the stock opened at Rs 100.89 per share, signalling an approximate 1.4% increase compared to the previous …
These 3 stocks have shown substantial gains in Friday’s trading sessions, indicating strong bullish activity. Here’s an in-depth look. IL&FS Investment Managers Ltd IL&FS Investment Managers’ stock has given a volume price breakout on the weekly chart by taking 50-day EMA support 6 weeks ago. The stock is currently trading at Rs 13.25 and has …
Cash management and securities companies play a crucial role in the financial ecosystem, juggling two key tasks: optimizing the flow of cash for businesses and managing investments in various financial instruments. For businesses, these companies offer services like account management, payroll processing, and transaction monitoring, ensuring smooth day-to-day operations and avoiding cash crunches. On the …
New order win J. Kumar Infraprojects, a leading construction company in India, has scored a major victory with a new project in Chennai. The company has been awarded a contract worth a whopping Rs 582.68 crore (to build a 4-lane elevated corridor in the city on engineering, procurement & construction (EPC) mode. Recently, J. Kumar …
PVR Inox PVR Inox Limited, India’s largest multiplex operator, is in the spotlight today following a block deal that occurred in the pre-open market. Approximately 2.33% equity of the company, equating to nearly 22.87 lakh shares, was involved in the block deal. The buyers and sellers in this transaction are presently unknown. The offered price …
In a significant development, a division bench of the Calcutta High Court delivered a verdict on Thursday, putting an end to a protracted legal battle over the leadership of the prestigious MP Birla Group. The case, initiated over three years ago, saw a single-judge bench order the removal of Harsh Vardhan Lodha as the chairman …
