Promoters have a significant impact on a company’s success and growth as they not only invest in the company but also hold executive positions. Hence, it is important for every investor to consider the stakes held by promoters. Promoters are individuals or entities who have founded or initiated a company and have a substantial stake …
On June 21, 2023, CMS Info Systems Limited (CMS), informed in the exchange filing that it has completed the execution of ATM Managed Services of over 5,200 ATMs for Punjab National Bank (PNB) across 526 cities and towns in 26 states. The completion of this mandate makes CMS the largest ATM Managed Services provider to …
Ramkrishna Forgings Ltd is primarily engaged in the manufacturing and sale of forged components of automobiles, railway wagons & coaches and engineering parts. In the last trading session, scrip closed at Rs 432.15. Today it opened at Rs 433.85 and closed at Rs 458, up by 5.98%. It hit a new 52-week high at Rs …
In such a strong recovery, Nifty financial services also rebounded strongly from the day’s low, with one stock from the same sector outperforming its peers in the last trading session by rallying more than 30% in just two trading sessions. The stock in focus is Crest Ventures Ltd, a holding company engaged in real estate …
Sun Pharmaceutical Industries’ wholly owned subsidiary — Sun Pharma Canada Inc received Health Canada’s approval for WINLEVI (clascoterone cream 1%). WINLEVI is the first and only androgen receptor inhibitor indicated for the topical treatment of acne vulgaris (acne) in patients 12 years of age and older, and the newest Health Canada-approved formulation to target the …
The benchmark index S&P BSE 500 opened today at 25,634.74 and made its day high at 25,746.09 and it closed green, up by around 0.30%. From the same space, these are the top 3 companies that outperformed the benchmark index and were up by more than 7% today. …
Yesterday, shares of Subros Ltd closed at Rs 362.10. Today, it opened at Rs 381.35 and surged to Rs 434.50, up by 19.99%, setting a new 52-week high and being locked in the upper circuit. The company has a market capitalization of around Rs 2800 crores. On June 19, 2023, Union Road Transport Minister Nitin …
Significant losses in the financial services and banking sectors were causing Indian headline indices to trade considerably lower. Contrarily, BSE Metals surprised investors while posting gains of over 1% led by Jindal Steel & Power Ltd. The BSE Smallcap index outperformed the main indices by a wide margin and displayed investor optimism. Ddev Plastiks Industries …
InterGlobe Aviation (IndiGo) has placed an order for 500 Airbus A320 Family aircraft. This will provide IndiGo with a further steady stream of deliveries between 2030 and 2035. This 500 aircraft order is not only IndiGo’s largest order but also the largest-ever single aircraft purchase by any airline with Airbus. The engine selection for this …
The primary aim of establishing a business is to generate profits, and while achieving profitability is advantageous, consistently increasing profits is even more desirable. Profit is a fundamental element for the success of any business, as it ensures its survival and sustainability in the market. The main objective of every business is to maximize its …
