The stock split of JTL Industries will result in each shareholder owning twice the number of shares they currently hold. The face value of each share will be reduced from Rs. 2 to Re. 1. This will not affect the overall value of the company or the shareholder’s investment. Ratio: […]
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Latest Market News: Comprehensive Updates on Global Financial Markets
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Transformers and Rectifiers (India) Ltd. announced securing a major order worth Rs 565 crore from Power Grid Corporation of India, boosting its shares by 5 percent during trading on October 3. The order involves the manufacturing of transformers and reactors, with deliveries scheduled for FY26. Shares traded at Rs 683.35 […]
NTPC Limited saw a rise of over 1%, reaching Rs 448 in the morning of October 1, marking its third consecutive session of gains. This positive momentum follows its subsidiary NTPC Green Energy’s signing of a memorandum of understanding with the Rajasthan government for a massive 25-gigawatt renewable energy project. […]
The Indian stock market, represented by the Sensex and Nifty 50, is expected to start the day flat on Tuesday. Investors remain cautious due to mixed global cues, particularly following hawkish comments from the US Federal Reserve Chairman Jerome Powell. The Gift Nifty, a derivative index, is trading at a […]
Saregama India’s shares surged 10% on September 30.The stock has delivered a 20% surge in the last one week. Trading volume has been heavy, indicating strong investor interest. Rejection of Offer: Saregama India has rejected a Rs 600 crore offer from Dharma Productions for a 51% stake.Investors have viewed this […]
On September 30, both the Sensex and Nifty dropped over 1% as investors booked profits, deepening losses from the previous trading session. The Sensex plunged over 1,000 points, falling 971 points (1.1%) to 84,600. Sensex and Nifty fell over 1% on September 30. The Sensex lost over 1000 points. Profit […]
Prestige Estates Projects’ new residential project, Launch: The project was launched in Bengaluru’s Whitefield area on September 26, 2024. Size: The project is spread across 9 acres. Estimated Sales: Prestige Estates expects to generate sales worth approximately ₹1,100 crore from this project. Stock Price Impact: The news of the project […]
Hero MotoCorp’s shares slipped by 2% after UBS reiterated its “sell” recommendation, primarily due to concerns about the company’s declining market share and increased competition. UBS has set a target price of ₹3,350, implying a significant downside of over 40% from the current price. Hero MotoCorp shares slip 2% as […]
Zerodha, India’s largest stockbroking platform, has recorded a remarkable 62% growth in its profit for FY24, reaching ₹4,700 crore. The company also reported a 21% increase in revenue, taking the total to ₹8,320 crore during the fiscal year. This financial performance cements Zerodha’s position as a leader in the Indian […]
The stock price of Arkade Developers on the BSE on September 24 was: *Listing price: Rs 176 Issue price:Rs 128 Premium: 37.5%* The grey market premium for Arkade Developers was estimated to be around 50%. However, the actual listing gains were slightly lower than this estimate.Arkade Developers had a successful […]