Samvardhana Motherson International Limited (SAMIL), a leading global automotive supplier, has announced that it has signed a binding undertaking to acquire a 100% stake in Cirma Entreprise SAS, a French company that specializes in the manufacturing and sale of electrical wiring and interconnect systems (EWIS) for the aerospace, shipbuilding, and allied industries. Objects and effects …
The Sensex fell 310.88 points, or 0.49%, to 62,917.63. The Nifty 50 index lost 67.80 points (0.36 percent) to 18,688.10. The Sensex gained 0.96% in three days, while the Nifty gained 1.04%. The overall market beat local indices. The S&P BSE Mid-Cap index advanced by 0.30%, while the S&P BSE Small-Cap index advanced by 0.12%. …
Godrej Properties (GPL) is planning to acquire a 7.44-acre land parcel at New Alipore, a premium residential locality in Kolkata from West Bengal Housing Infrastructure Development Corporation, having been declared as the highest bidder in its e-auction. GPL will develop this land parcel as a luxury group housing project. New Alipore has an established physical …
Despite trading marginally higher in the early trades, Indian headline indices were severely driven down, owing mostly to losses in financial services, banking, and information technology stocks. Roto Pumps Ltd attracted small-cap bulls due to being one of the top gainers of the BSE Smallcap pack and having a robust uptrend in an otherwise weak …
NTPC has climbed an impressive 52 positions to secure the 433rd rank in Forbes’ Global 2000 List for 2023. This prestigious list, compiled by Forbes, recognizes the world’s largest companies based on four key metrics: sales, profits, assets, and market value. The significant improvement in NTPC’s position in the Global 2000 rankings is evidence of …
The following penny stocks are likely to be in focus on Friday, June 16, 2023: The Sensex experienced a decline of 0.49%, and the Nifty saw a decrease of 0.36%. On the other hand, the Nifty Midcap witnessed a surge of 0.21%, while the Nifty Smallcap recorded a growth of 0.15%. Towards the end of …
The benchmark index S&P BSE 500 opened today at 25,536.11 and made its day high at 25,635.23 and it is trading in green, up by around 0.05%. From the same space, these are the top 3 companies that outperformed the benchmark index and were up by more than 5% today. Shares of Supreme Petrochem Limited were trading today …
Imagicaaworld Entertainment Limited has, according to the Debt Restructuring and Settlement Agreement (DRSA) between the company executed in June 2022, Malpani Parks Private Limited and Aditya Birla ARC Ltd, received confirmation for write-off for the unsustainable debt aggregating to Rs 571.76 crore. The write-off is a part of the debt resolution plan which the company …
On Thursday, the benchmark indices were trading in trading with Sensex up around 39 points or 0.0.7% at 63,287 and the Nifty trading up by 27 points or 0.14% at 18,783. About 2,066 shares have advanced, 1,177 declined, and 140 are unchanged on the BSE. Top gainers and losers on BSE Sensex Index are as …
A decline in wholesale inflation in India bolstered investor optimism, while a drop in US inflation brought comfort to global equities, strengthening the market’s momentum. Sharp gains, however, were restrained as market participants remained cautious ahead of the outcome of the US Federal Open Market Committee (FOMC) meeting later today. The S&P BSE Sensex increased …
