Power Finance Corporation has executed various MoUs of more than Rs 2.37 lakh crore with more than 19 companies in both the public and private sectors. The company recently diversified its loan portfolio by foraying into infrastructure projects such as refineries, ports and metro. Power Finance Corporation’s (PFC) wholly-owned subsidiary – PFC Consulting (PFCCL) has …
As per the recent exchange filing, SJVN has disclosed the signing of a Memorandum of Understanding (MoU) with REC Ltd for financing their company’s project, as well as projects of their subsidiary and joint venture, with a substantial amount of Rs 50,000 Crore. As per the company, REC will provide financial assistance to set up …
Today, shares of IndiaMART InterMESH Ltd rose after it reported financial results for the quarter that ended June 2023 or Q1FY24 and a share buyback plan. IndiaMART was the first and largest B2B digital marketplace in the country, today stands out as a game-changer on the B2B landscape. It focuses on integrating Small and Medium …
The benchmark index S&P BSE 500 opened today at 26,858.12 and made its day high at 26,958.81 and it has closed down by more than 0.80%. From the same space, these are the top 3 companies that outperformed the benchmark index and were up by more than 6% today. …
The shares of Insolation Energy Ltd experienced a sharp rise today, hitting the upper circuit. It began the day at Rs 151, a substantial 2.19% up compared to the previous day’s closing price of Rs 147.75. The stock surged by 20% during the intraday session with significant volume. Currently, while writing this article the shares …
Larsen and Toubro (L&T), a conglomerate specializing in engineering and infrastructure, made an announcement on Thursday that it will discuss the possibility of a share buyback during its upcoming board meeting next week. The meeting, scheduled for July 25, will also involve the approval of results for the June quarter. Within the meeting’s agenda, the …
The total market capitalisation of listed companies on the BSE SME platform hit Rs 75,000 Crore on Thursday. The number of companies listed on the BSE SME platform to date is 446 companies. The average market capitalisation of these companies stands at approximately Rs 168 Crore. In FY23, SME firms raised Rs 2,232 Crore through …
Infosys, India’s second-largest IT services company, released its quarterly earnings report on Thursday. The company’s revenue from operations witnessed a 10% year-on-year growth, reaching Rs 37,933 Crore in June 2023, compared to Rs 34,470 Crore in the same quarter the previous year. On a sequential basis, the revenue increased by 1.3%, moving from Rs 37,441 …
Super investors, with their vast experience and keen market insights, have a proven track record of making wise investment decisions. Increased ownership by these big investors attracts attention from analysts and media, leading to heightened coverage of these companies. This, in turn, may create further interest from investors, potentially driving the stock price higher. The …
On the weekly expiry trading session, the Nifty index commenced with a positive start, driven by global cues. Initially, some profit booking was observed during the early hours, but the market later rebounded and surged towards new highs. Amidst these positive sentiments, NIFTY FMCG witnessed an impressive rally of nearly 1%. Notably, one remarkable stock …
