Today, the Nifty 50 index opened at 18594.20, which was 39.65 points lower than its previous day’s closing of 18633.85. The market began correcting during the early morning trading session. Over the past two days, Nifty had been trading within a narrow range of approximately 80-90 points, with the range set between 18660 and 18580. …
NRB Bearing Ltd on a consolidated basis has reported robust growth in Q4FY23. The net profit increased by 93.24% to Rs 33.74 crore as compared to Rs 17.46 crore in the same quarter last year and increased by 23.44% sequentially. The net sales of the company increased by 22.75% to Rs 3112.44 crore as compared …
A stock split is a corporate action taken by a company where the number of shares is increased by reducing the value of each share. When a company’s stock price has risen to a level that it may become unattractive to many investors, it may choose to split the stock. It’s important to note that …
June 2023 is here, and as usual, investors are on the lookout for opportunities to enhance their returns. One avenue that holds immense potential is bonus shares. In this article, let’s look into the bonus shares in June 2023 along with the benefits of bonus shares for an investor. What are Bonus Shares? Before finding …
Consumer durables, healthcare, and pharmaceutical companies managed to conclude with respectable gains as oil and gas, metals, and financial equities dropped. The S&P BSE Sensex fell 62,622.24 points, or 346.89 points, or 0.55%. To 18,534.40, the Nifty 50 index dropped 99.45 points or 0.53%. The S&P BSE Mid-Cap index increased by 0.54%, while the S&P …
JSW Steel has become the First Manufacturer to Achieve GreenPro Ecolabel for its ‘Automotive Steel’ Products. The GreenPro ecolabel, developed by the Confederation of Indian Industry’s (CII) Green Business Centre, recognizes the highest standards of environmental sustainability and product performance in the Indian manufacturing sector. JSW Steel Vijayanagar’s ‘Automotive Steel’ products have undergone rigorous assessments …
On Wednesday, the shares of Sun Pharmaceutical Industries closed at Rs 974.50, up by 1.60% from its previous closing of Rs 959.20 on the BSE. Sun Pharmaceutical Industries has entered into a licensing agreement with Philogen S.p.A for commercializing Philogen’s speciality product, Nidlegy (Daromun) in the territories of Europe, Australia and New Zealand. Nidlegy, currently …
The benchmark index S&P BSE 500 opened today at 25,068.47 and made its day high at 25,093.59 and it closed in red today, down by 0.20%. From the same space, these are the top 3 companies that outperformed the benchmark index and were up by more than 7% today. Shares …
Traders favorite index Nifty Bank recently made a new lifetime high and in such bullish sentiments, one stock is trading just below the neckline of 1.5 years trend reversal price pattern. The stock is RBL Bank Ltd operates as a scheduled commercial bank. It operates through the following segments: Corporate and Institutional Banking, Commercial Banking, …
On Wednesday, the Indian benchmark indices were seen trading in the red with Nifty and Sensex trading down by 0.63% and 0.72%, respectively. The broader markets have displayed a relative outperformance with Nifty Smallcap gaining nearly 0.50%, while Midcap is almost unchanged. One of the stocks from the Smallcap space that is seeing good buying …
