Amidst this backdrop of risk and reward, Voltamp Transformers, a leading transformer manufacturing company in India, has emerged as one of the biggest wealth creators. Wealth creator The company’s shares have consistently maintained an upward trajectory, rising from ₹2,518 apiece in February 2023 to the current market price of ₹11,970, […]
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Vilas Transcore Ltd IPO price band has been set at Rs139-147 per equity share of face value of ₹10. Key dates The small and medium enterprises (SME) Vilas Transcore initial public offering that opens for subscription on Monday 27 May 2024 will be available for subscription till Wednesday 29 May […]
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Certainty in the election outcome and renewed foreign investor inflows into Indian equities have pushed benchmark indices to new peaks for two consecutive sessions. However, the banking index has not mirrored this trend. Does the election impact the banking sector? If yes, would a likely third term for Modi benefit […]
The Midcap index underperformed the Nifty 50, as the Nifty Midcap 50 closed 0.1% down. Small cap stocks also underperformed the Nifty 50, as the Nifty small cap 100 ended at 16911.9, down by 28.9 points and 0.17% lower. The Nifty 50 has shown the following returns: – In the […]
Stock market today: Indian stock market benchmarks, the Sensex and the Nifty 50 ended flat with a negative bias on Friday, May 24, on profit booking at record-high levels amid weak global cues. The Sensex hit its fresh all-time high of 75,636.50 during the session but failed to hold gains […]
Edited excerpts: How do you expect the market movement after the Lok Sabha election outcome on June 4? When can we expect fresh record highs? The base case scenario anticipates the formation of a government by the BJP. However, we anticipate potential market volatility post-election, especially if the BJP fails […]
Bull markets need fuel, which can come from equity capital or debt, noted ace investor Shankar Sharma in a recent post on X (formerly Twitter). He pointed out that India’s bull market has been driven by two main factors: a sharp increase in public debt-to-GDP from 65% to around 90%, […]
Lok Sabha Elections 2024- Benchmark Nifty-50 index scaled all time high of 23,007.20 on Friday while Sensex is also trading near its all time highs. The gains are being being fueled by the expectation that ruling Bhartiya Janata Party-led National Democratic Alliance (NDA) is likely to regain power. The strong […]
Snapping a five-day losing streak, shares of Transformers & Rectifiers India (TRIL), a leading transformer manufacturer, hit the 5% upper circuit limit today, reaching ₹620 apiece following a significant order win. In an exchange filing on Thursday, the company announced that it received an export order from AL Anwaar International […]