The first dispatch of ACSR conductor by Asian Cables (formerly RPG cables)! This is a significant milestone that expands the company’s product portfolio and strengthens the synergy between KEC’s power transmission and cables businesses. The 14 km of 630 sq.mm. ACSR conductor will likely be used for overhead […]
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Latest Market News: Comprehensive Updates on Global Financial Markets
Stay informed with the most recent developments in global financial markets. Our “Latest Market News” segment provides real-time updates and in-depth analysis on key financial events, stock market trends, economic indicators, and corporate earnings reports. Whether you are an investor, financial professional, or simply interested in the economic landscape, this segment delivers essential information to help you make informed decisions.
Central Depository Services Limited (CDSL) announced their first-ever issuance of bonus shares to shareholders in a 1:1 ratio . This means that for every one share a shareholder owns, they will receive one additional bonus share. A total of 104.5 million new shares with a face value of Rs 10 […]
Mason Infratech IPO Listing Price: Rs 88 per share. Increase from Issue Price: 37.5% (Issue price was Rs 64) Subscription Factor: 32.89 times. This strong performance reflects the high investor interest in the company’s IPO, which was subscribed a healthy 32.89 times. High Subscription Led By:Retail investors and non-institutional investors […]
Godrej Properties‘ share price reached a 52-week high during early trading on July 1st. The price increase is likely due to the company acquiring leasehold rights for an approximately 11-acre land parcel in Hinjewadi,Pune. July 1st, the share price was ₹3,220.00, reflecting a ₹12.20 or 0.38% increase. The land parcel […]
Sensex: The benchmark index, Sensex, is up around 220 points. Nifty 50: The broader Nifty 50 index has crossed the 24,100 mark. Top Gainers: Reliance Industries (RIL), Tata Motors, and State Bank of India (SBI) are among the leading gainers today. This indicates a positive sentiment in the market, potentially […]
Strong company performance: Texmaco Rail recently reported impressive financial results, potentially including increased revenue and profits. This could be attracting investors who are bullish on the company’s future. Growth in the Indian railway sector: The Indian railway industry is expected to see significant growth in the coming years. Investors might […]
Stock price is up 2% today, reaching a new all-time high, likely due to their impressive sales figures. They achieved their highest ever pre-sales in FY24, exceeding initial targets by a significant margin. This strong performance reflects the rising demand for residential properties in India, particularly in the luxury segment. […]
Nifty 50: The index jumped over 86 points, closing around 23,955. Sensex:The benchmark index surged by more than 321 points, reaching a closing level near 78,996. Analysts attribute this positive performance to a combination of factors, including: Increased foreign investment: Foreign investors seem to be returning to the Indian market, […]
Stock Price Drop: Sanghi Industries stock fell around 6% today, June 26, 2024. Reason: Promoters, including Ambuja Cements and Ravi Sanghi, are offloading a 3.52% stake in the company through an Offer for Sale (OFS).OFS Details: The OFS opened for non-retail investors today and will be available for retail investors […]
Record High: This increase propelled the stock to a new record high of ₹1,656 per share. Reason: The surge is attributed to a licensing deal signed by Amara Raja’s subsidiary, Amara Raja Advanced Cell Technologies, with GIB EnergyX Slovakia, a subsidiary of the Chinese firm Gotion High-Tech Co. Ltd. Licensing […]