The Indian chemical industry serves as a fundamental pillar for a multitude of sectors, providing essential materials for textiles, paper, paints, soaps, detergents, pharmaceuticals, and agrochemicals. With global prominence, India ranks as the 6th largest chemical producer worldwide and holds the 3rd spot in Asia, backed by its 14th position in chemical exports. The country’s …
Shares of Skipper Limited witnessed a significant surge today. The stock commenced trading at Rs 175, marking a 3.5% increase compared to the previous day’s closing price of Rs 169.15. Throughout the intraday session, the stock exhibited a remarkable 20% surge accompanied by significant trading volume. Upon scrutinising today’s share volumes, it becomes apparent that …
The announcement of June quarter results has almost come to an end. If we check the BSE calendar, today is the last day for companies to declare their quarterly revenue. Everyone knows that Reliance Industries, the biggest conglomerate in India, is the largest company in terms of market capitalization and profitability. Surprisingly, this quarter, the …
Oil and Natural Gas Corporation (ONGC) has reported a 34.14% fall in its net profit at Rs 10,015.04 crore for the quarter ended June 30, 2023, as compared to Rs 15,205.85 crore for the same quarter in the previous year. The total income of the company decreased by 17.76% at Rs 35,426.18 crore for Q1FY24 …
Siyaram Silk Mills Limited has taken a significant leap in its financial strategy as approved by the Board of Directors, initiating a buy-back plan for 16,61,530 equity shares. The total worth of this buyback action is Rs 107,99,94,500, with a share price of Rs 650, accounting for approximately 3.54% of the company’s overall shares. This …
The benchmark index S&P BSE 500 opened today at 26,669.85 and made its day high at 26,681.50 and it is trading in red, down by around 0.70%. From the same space, these are the top 3 companies that outperformed the benchmark index and were up by more than 3% today. …
Indian benchmark indices have continued to fall, with significant losses in the healthcare, auto, and financial services sectors. Except for BSE Capital Goods and BSE Consumer Durables, all sectoral indices were trading down. PSU banks attracted substantial buying interest from investors. The BSE Sensex lost 0.56% to 65,322 level at the close. The Nifty 50 …
Kalpataru Projects International has received approval for the issuance of secured/unsecured redeemable Non-Convertible Debentures (NCDs) up to Rs 300 crore by the Company in one or more tranches. The board has also approved additional funding support upto USD 10 million, in one or more tranches from time to time, by way of granting a loan …
Friday deals concluded with negative market sentiment, as the Sensex and Nifty closed lower by 0.56% and 0.59%, respectively. In this dampened market sentiment, the shares of Cochin Shipyard Limited witnessed a downfall of 2%. The company’s current market capitalization is Rs 8,493.56 crore. Today, the company announce stellar Q1 results. Key highlights are as …
Sula Vineyards Limited, India’s largest and only listed wine producer with over 50% share in the domestic wine market reported its unaudited financial results for the quarter that ended on June 30 2023 or Q1FY24 on August 9, 2023, after the market closer. Sula Vineyards has reported a 45.21% rise in its net profit at …
