JSW Steel and JFE Steel, Japan have signed Memorandum of Understanding (MoU) to conduct a joint feasibility study to establish a cold rolled grain oriented electrical steel manufacturing joint venture in India. The feasibility study has since been completed and both, JSW Steel and JFE Steel have in‐principle reached an agreement to establish a 50:50 …
On Tuesday, the shares of Tata Motors closed at Rs 528.50, 1.18% up from its previous closing of Rs 522.35 on the BSE. Tata Motors has bagged a prestigious order for 50 Magna 13.5-metre buses from Vijayanand Travels. The state-of-the-art Magna buses, known for their superior design and advanced features, will be delivered to Vijayanand …
HDFC Bank is the largest private sector bank in India incorporated in August 1994 and was the first to obtain RBI approval to establish a bank in the private sector. Till date the company has 7821 branches across 3811 cities in India, serving over 83 million customers. HDFC Ltd, India’s first specialized mortgage firm was …
Persistent Systems recently inaugurated its first office in Poland to expand its nearshore capabilities in Europe. The office is situated in Kraków, this new office will be the latest addition to the company’s growing global delivery network. This delivery center will play a crucial role in driving digital transformation for clients across industries and provide …
ABB India has expanded its production footprint with a new line for variable speed drive modules at the Peenya factory in Bengaluru. The new line will produce drives ranging from 75 kW to up to 250 kW and will cater to all major industrial segments. ABB’s variable speed drives are used to control the speed …
On Friday, shares of Polycab India surged more than 5% to record a new 52-week high of Rs 3399 apiece on BSE. The scrip witnessed massive spurt in volume by more than 3.05 times. In Q4 FY23, the company’s revenue amounted to Rs 432.37 crore, showing a YoY increase of 9%. The EBITDA for Q4 …
Indian benchmark indices have recovered smartly from the lower levels with Nifty trading above 18,300 mark. Amidst recovery from the lower levels, there are some stocks which have hit fresh record high on the bourses and one such stock is Mold-Tek Technologies Ltd. Mold-Tek Technologies is engaged in providing Civil & Mechanical Engineering Services. The …
Indices witnessed selling pressure from Thursday’s high and today also they are trading with volatile moves. Somehow, they recovered more than 80 points sharply from day’s low. The Capital Goods sector outperformed the benchmark index and one stock from the same sector is now near to its multi year technical breakout level. The stock is …
For the fourth quarter that concluded on March 31, 2023, the company’s consolidated net profit increased from Rs 113.45 crore for the same quarter the previous year to Rs 427.40 crore, 276% rise in profit. The company’s overall revenue in Q4FY23 increased from Rs 5,615.49 crore in the same period the previous year to Rs …
On Thursday, all eyes were on the newest listed stock on the bourses i.e., Mankind Pharma as it continues to make headlines. The unpredictability of its movements had investors both thrilled and nervous, as they eagerly await the next twist in its story. It was a rollercoaster of a day for investors of Mankind …
