Jammu & Kashmir Bank has secured approval to raise its equity share capital up to Rs 750 crore in one or multiple installments through various routes like Rights Issue, Preferential Allotment, Private Placement, Qualified Institutional Placement (QIP), or Follow on Public Offer (FPO), preferably during the second half of the Financial Year 2023-24. Additionally, the …
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Tata Motors’ shares touch fresh 52-week high; stock surges 2.38% Today!
28 June 2023Today shares of Tata Motors hit fresh 52 week high at Rs 589.95. Yesterday the script was closed at Rs 573.05, today it was opened at Rs 579.95 and closed around 586.70 up by 2.38%. Shares of the company are hitting back-to-back 52 week high in past few trading sessions following a positive market sentiment …

3i Infotech Bags Rs 19.34 Cr Contract from Bajaj Electricals!
13 July 20233i Infotech Ltd, a global Information Technology company committed to expediting business transformation, has secured a contract from Bajaj Electricals Limited for various managed infrastructure services. These services include end-user support, data centre and network management, cloud management, database management, as well as IT application support and rollout services. The contract’s total value amounts to …

L&T shares jump on US Navy master ship repair agreement
11 July 2023Larsen & Toubro’s (L&T) state-of-the-art Kattupalli Shipyard near Chennai has been undertaking voyage repairs of the Military Sealift Command vessels. The Shipyard qualified for the Master Shipyard Repair Agreement (MSRA) after an extensive evaluation by the US Navy and the Military Sealift Command. This is equal to performing battleship refits, for which the Shipyard has …

TCS launches a new Generative AI offering for its clients!
6 July 2023Tata Consultancy Services (TCS) is a global IT services and consulting organization with over 55 years of experience. It partners with major businesses worldwide, offering a comprehensive portfolio of services and solutions. TCS is known for its consulting-led approach, cognitive capabilities, and innovative delivery model. As part of the Tata group, TCS operates in 55 …

SpiceJet and EaseMyTrip signs agreement to enhance offerings in the Indian market
10 July 2023At 3 pm, the shares of SpiceJet were trading at Rs 30.10, up by 2.03% from its previous closing of Rs 29.50 on the BSE. SpiceJet, on July 10 announced the appointment of EaseMyTrip (EMT) as a General Sales Agent (GSA) for select market section in India. This strategic partnership aims to enhance the promotion …

Weekly Commodity And Currency Technical Report – 3 July 2023
3 July 2023NSE USD INR (Technical): NSE USDINR Jul as seen in the weekly chart above has opened at the same level, where its closed in last week 82.025 levels. Same day of the week price corrected sharply and made a weekly low of 81.9425 levels. Later on, price could not able to sustain on lower levels, rallied …

Axis Bank vs ICICI Bank – Race to touch the Milestone of Rs 1000
30 June 2023Overview Shares of both Axis Bank Ltd and ICICI Bank Ltd are trading very close to the significant level of Rs 1000. The shares of Axis Bank are trading at Rs 980, whereas ICICI Bank Ltd is around Rs 935, which is Rs 65 less than the Rs 1000 mark on BSE. Today, the stock …

Shree Rama Multi-Tech star in the Packaging Industry Rallied more than 45%
30 June 2023In the last trading session of the week, the Nifty index surpassed the psychological resistance level of 19,000 and experienced a significant rally. Amidst this bullish trend, one stock from the capital goods sector, specifically the packaging industry, caught the attention of investors by hitting the upper circuit. The stock in focus is Shree Rama …

Penny Stocks to Watch for 27th June, 2023
26 June 2023The Sensex and Nifty closed with a mixed performance. Nifty Midcap and Nifty Smallcap experienced gains, rising by 0.92% and 0.62%, respectively. Notably, Nifty Pharma, Nifty Metal, and Nifty Auto emerged as the top gainers, while Nifty PSU Bank, Nifty Media, and Nifty Energy were among the top losers. Within the Nifty 50 index, Cipla, …
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