About New Launch Indian Renewable Energy Development Agency (IREDA) has launched its retail division, which became operational on December 5. This strategic initiative is geared towards enhancing emphasis on providing loans to borrowers in the PM-KUSUM scheme, Rooftop Solar, and other Business-to-Consumer (B2C) sectors. Shortly after opening, IREDA’s Retail division quickly sanctioned its first loan …
Indian Railway Finance Corporation Ltd., a key player in the business of borrowing funds to finance assets leased out to the Indian Railways, has been on a notable trajectory. Founded in 1986 and headquartered in New Delhi, the company plays a crucial role in supporting the financial needs of the Indian Railways. Technical analysis A …
As the global energy landscape undergoes a transformative shift, with the spotlight firmly fixed on clean and sustainable solutions, investors are seizing the opportunity to capitalize on this dynamic sector. Analysing the power index S&P BSE Power index is trading at its all-time high gaining more than 13% last week. On February 27, 2023, it …
The benchmark index S&P BSE 500 opened today at 29,649.85 and made its day high at 29,697.73 and it is trading in green today, up by more than 0.20% From the same space, these are the top 3 companies that outperformed the benchmark index and were up by more …
Introduction: In the dynamic world of stocks, there’s a saying by Vladimir Ilyich Lenin that perfectly captures the essence of certain market moments: “There are decades where nothing happens, and there are weeks where decades happen.” Well, welcome to one such exhilarating week in the life of SpiceJet Ltd, where the stock price has taken …
An Investor has to be observant in cases where the promoter pledge is more than 50% and if the pledge proportion crosses the 75% threshold over a period of time then it is essential to be extra vigilant and cautious. Mayuresh Joshi As per the latest pledged shares data released by the BSE, there are …
The big story in the last one year has been the aggressive flow of investments into Indian equities and debt. In fact, the sub-narrative is a lot more important. While equity has been more or less neutral considering the valuations, it is debt that has actually attracted the lion’s share of the inflows. We are …
Today, the broader indices, namely NSE Nifty50 and BSE Sensex, ended the day in the red. The Nifty50 index commenced trading at 20,923.40 and eventually concluded at 20,901.15, marking a moderate decline of 36.55 points or 0.17% compared to the previous day’s closing level of 20,937.70. Meanwhile, the BSE Sensex concluded at 69,521.69, reflecting a …
SBC Exports Limited has delivered multibagger returns to its shareholders in the last three years. During this period, the company’s share price jumped from Rs 2.12 on December 11, 2020, to Rs 30.78 on December 07, 2023, an increase of about 1350% in a three-year holding period. An investment of Rs 1 lakh in the …
In a landmark move, the Indian government concluded its 23-year association with Maruti Udyog, the country’s largest carmaker on May 10, 2007. The government successfully divested its residual 10.3% stake, amounting to 2,96,79,709 shares, for an impressive Rs 2,368 crore. The shares were sold at an average price of Rs 797 each. This strategic move …
