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 […]
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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 […]
NTPC has awarded BHEL a contract worth Rs 6,100 crore for the construction of a 2×800 MW supercritical thermal power plant unit at Khunti in Jharkhand. The project is expected to be completed in 42 months. This is a major win for BHEL, which has been struggling in recent years.The […]
Adani Energy Solutions Limited (AESL) shares showed positive movement on September 20, driven by analyst forecasts from Cantor Fitzgerald, who see the potential for a significant upside of up to 125% in the stock. AESL shares rose 3.66%, reaching an intraday high of ₹1,014.90 on the NSE. This rebound followed […]
Suzlon has secured India’s largest wind energy order, a 1,166 MW project from NTPC Green Energy Ltd (NGEL), marking a major milestone in the country’s renewable energy sector. This project will see the installation of 370 wind turbine generators (WTGs) with a rated capacity of 3.15 MW each. The turbines […]
Paytm’s impressive share price rally of over 8% and a staggering 120% increase in just four months is a significant development. This surge likely reflects a combination of factors, including: Improved Financial Performance: Paytm may have reported better-than-expected financial results, indicating strong growth in its core business areas like digital […]
The ₹780 Crore Order: A Catalyst for Growth The recent order of ₹780 crore is likely to provide a significant boost to H.G. Infra Engineering’s business. Such large-scale projects can: Increase Revenue: The order will directly contribute to the company’s top line. Enhance Market Position: Securing such projects can strengthen […]
Strong fundamentals: Marico is a well-managed company with a strong balance sheet and a growing business. Investors may believe that the company is well-positioned to weather the current market turmoil. Positive outlook: Marico may have recently announced positive news, such as a new product launch or a strong earnings report. […]
Bonus Issue: VST Industries has announced a bonus issue of 10 shares for every 1 share held by shareholders on the record date (September 6, 2024). This is the first time the company has issued bonus shares. Impact: The bonus issue is likely to have led to a surge in […]
The news that Brigade Enterprises has successfully raised Rs 1,500 crore through a Qualified Institutional Placement (QIP) is positive for the company. The participation of prominent investors like ICICI Prudential, Goldman Sachs, Nippon, Kotak, and Axis indicates strong confidence in the company’s future prospects and growth potential. Here are some […]