BY THE END of March 2020 the number of individuals registered to trade with India’s National Stock Exchange (NSE) totalled just 31m (of a population of 1.4bn). In the months that followed, even as a new virus upended global society, another bug was quietly spreading among the Indian middle classes: […]
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Shares of NMDC, the country’s largest iron ore producer, continued their upward trajectory for the third consecutive trading day on Monday, surging by 1% to reach a 14-year peak of ₹271.70 per share. The last time the stock reached this level was in 2010. NMDC’s shares have been on an […]
In Monday’s session, shares of PSU stocks experienced sharp declines, with some of them plummeting by as much as 13%. This downward trend followed the Reserve Bank’s announcement on Friday proposing stricter regulations, governing lending to projects under implementation. The RBI guidelines stipulate that a 5% general provision must be […]
The company achieved its highest-ever quarterly sales for the third consecutive quarter in Q4FY24, with a booking value of ₹9,519 crore, reflecting a remarkable year-on-year growth of 135%. This exceptional performance was driven by the sale of 8.17 million sq. ft of area. Notably, this marks the highest-ever quarterly sales […]
Stock Market Today: Multibagger stock The Anup Engineering Ltd share price skyrocketed more than 14% in morning trades on Monday post the company declaring its Q4 earnings over the Weekend. The Anup Engineering had also declared dividend of 200% enthusing investors. The Anup Engineering reported net profit for the quarter […]
Nifty 50 Stock Price Live Updates: At 08:30 Nifty 50 was trading at 22475.85 (-0.76%). Today Nifty 50 has been trading in the range of 22794.7 to 22348.05. Nifty futures are at 22575.2 (0.0%) & with an open interest change of -5.7% which indicates Price Increase is due to short […]
The trends on Gift Nifty also indicate a gap-up start for the Indian benchmark index. The Gift Nifty was trading around 22,685 level, a premium of nearly 110 points from the Nifty futures’ previous close. On Friday, the benchmark equity indices closed around a percent lower dragged by profit booking […]
Dividend paying stock: Shares of John Cockerill India Ltd will be in focus when the stock market opens on May 6 (Monday). The Board of Directors of the company has declared a final dividend of ₹7.00 per equity share for its eligible shareholders. The record date by the company to […]
oOn Wall Street in the week ahead, there’s not much on economic front for market participants to watch for except the senior loan officer opinion survey from the US Federal Reserve and the preliminary consumer sentiment data for May. Investors will also watch some major earnings reports from Tyson Foods, […]
Belstar Microfinance Ltd, the microfinance subsidiary of Muthoot Finance, submitted draft red herring prospectus (DRHP) to the Securities and Exchange Board of India (Sebi) to raise ₹1,300 crore through an initial public offering (IPO). According to the draft red herring prospectus (DRHP), the initial public offering (IPO) of the Chennai-based […]