GE Power India Ltd, a prominent entity in the Indian power generation equipment market, specializes in the engineering, procurement, and construction (EPC) of essential equipment for thermal and hydropower plants. GE Power’s Hydro Business Sale GE Power India Ltd. is divesting its hydro business through a slump sale to GE Power Electronics (India) Pvt. This …
Strategic Move by Glenmark Pharmaceuticals Glenmark Pharmaceuticals Ltd. has announced its plan to divest its entire 7.84% stake in Glenmark Life Sciences Ltd. (GLS) through an offer for sale (OFS) in the secondary market. The board approved the sale of up to 96.09 lakh shares at a meeting on Wednesday. Additionally, Chairman and Managing Director …
On July 10, 2024, SG Finserve Limited announced financial results for the quarter ended June 30, 2024, via a stock exchange filing. SG Finserve Limited (SGFL) has reported a Profit After Tax (PAT) of ₹19.39 crore for Q1FY25. Management expressed satisfaction in sharing the results for the quarter, marking 22 months since the company commenced …
On Wednesday, the benchmark market closed in the red but significantly off its lows, with major selling observed in banks and autos. The Sensex traded 0.88% lower, while the Nifty plunged by 0.83%. Nifty FMCG was the only major sector trading positively. In contrast, Nifty Auto, Nifty Metal, and Nifty Media were the major underperformers. …
During Wednesday’s trading sessions, these three equities gained significantly with price and volume activity, indicating potential bullish action. Here’s an in-depth look. PC Jeweller Ltd PC Jeweller Ltd has shown strong performance today, with a high of Rs 67.75 and a significant traded volume of 2.02 crores. The stock is currently trading at Rs 66.63, …
Strategic Partnership with Gotion Boosts Technology and Supply Chain A significant announcement during the call was the company’s comprehensive technology licensing agreement with Gotion InoBat Batteries (GIB), a subsidiary of Gotion High-Tech from China. This partnership grants Amara Raja access to Gotion’s robust LFP (Lithium Iron Phosphate) battery technology, including the less common cylindrical form …
On July 10, 2024, TVS Motor Company introduced the 2024 TVS Apache RTR 160 Racing Edition, inspired by its racing heritage. This new model features a Matte Black colour, carbon fibre race graphics, and striking red alloy wheels, reflecting a bold design for racing enthusiasts. Since its debut in 2007, the Apache RTR 160 has …
On July 10, 2024, RattanIndia Enterprises Limited announced via a stock exchange filing that its electric mobility company, Revolt Motors, is revolutionising the two-wheeler industry with the introduction of the 4 Chauke Offer. This innovative initiative aims to make owning the popular RV400 electric motorcycle more accessible and economical than ever before. Under this scheme, …
India’s apparel sector has witnessed significant growth, driven by rising consumer demand and expanding market reach. As investors seek the best stocks in this sector, an in-depth analysis of financial metrics is essential. This article evaluates key apparel stocks in India, focusing on Price to Earnings (PE) ratios, growth metrics, margins, cash flows, and return …
On July 10, 2024, Greaves Finance Limited, a subsidiary of Greaves Cotton Ltd, announced via a stock exchange filing that it has partnered with ACKO, a technology-driven insurer, to facilitate seamless EV ownership in India. Through their collaboration on the Evfin platform, customers can conveniently access optimal insurance policies and financing options. This initiative aims …
