Lakshmi Mittal stands as one of the most accomplished entrepreneurs on a global scale. Despite being born into impoverished circumstances in India, he forged a path to establish a company that currently employs over 2 lakh individuals worldwide. Additionally, he has received numerous honorary degrees, including recognition from Queen Elizabeth II. In this article we …
Indian frontline indices were trading flat, while broader markets showed significant investor optimism, with both the BSE Midcap and BSE Smallcap indices trading 0.75% higher. With 2,083 shares rising on the BSE and 1,498 shares declining, the advance-decline ratio strongly remained in favour of advances. The real estate, oil and gas, and energy sectors recorded …
The Indian pipe industry is a dynamic sector, driven by growing demand from infrastructure, oil and gas, power, and water and sanitation industries. While the market shows promise with a projected growth rate, it faces challenges due to inflation from the Ukraine conflict and the lingering impact of the pandemic, raising raw material and energy …
The benchmark index S&P BSE 500 opened today at 27,315.27 and made its day high at 27,329.53 and it is trading in green today, up by 0.30% From the same space, these are the top 3 companies that outperformed the benchmark index and were up by more than 5% …
Indian headline indices traded flat, reflecting the sluggishness in most Asian markets. The broader indices, on the other hand, outperformed the main indices by a significant margin. The BSE Fast Moving Consumer Goods index was trading higher, led by significant gains in Jyothy Labs Ltd and Mrs Bectors Food Specialities Ltd. Godrej Consumer Products Ltd …
A new chapter unfolds in TVS Motor Company Limited’s journey towards electric mobility dominance. Breaking free from traditional confines, the company, through its subsidiary, TVS Motor (Singapore) Pte Ltd, has orchestrated a strategic coup in the form of a significant acquisition. With the groundwork laid in April 2023 when the acquisition of a 25% stake …
Indian Railway Catering and Tourism Corporation Limited announced its results for the September quarter of FY24 after the market closed on Tuesday. Shareholders have been eagerly awaiting the company’s performance to align with the other railway stocks. Excluding gains at the time of its IPO, this popular railway stock has not lived up to expectations. …
On Wednesday, the benchmark indices were trading flat with the Sensex up around 15 points or 0.02% at 64,957 and the Nifty-50 up around 25 points or 0.12% at 19,430. About 2181 shares have advanced, 1123 declined, and 157 are unchanged on the BSE. Top gainers and losers on the BSE Sensex index are as …
Throughout the session, the index demonstrated intraday volatility, reaching a high of 19,158.5 and a low of 18,940. However, the day concluded on a positive note, with Nifty closing at 19,140.9. This represented a notable gain of 93.65 points, equivalent to a 0.49% increase. Among the top performers for the day were BPCL, Ultratech Cement, …
As investors it is normal to equate volatility with risk. That is in fact the basis of stock market analysis. Normally, a stock with a high beta or high standard deviation of returns is considered to be more risky compared to another stock with a much lower volatility. But a very strange trend is being …
