On Wednesday, Indian equity benchmark indices retreated from higher levels, with the Nifty50 and Sensex trading down by 0.11% and 0.05%, respectively. The Bank Nifty also fell by 0.33%, trading below the 52,500 mark. Amidst this profit booking in the market, one stock that has hogged the limelight is India Cements. About the Company India …
Mazagon Dock Shipbuilders Limited (MDL), formerly called Mazagon Dock Limited, is a shipyard situated in Mazagaon, Mumbai. It manufactures warships and submarines for the Indian Navy and offshore platforms and associated support vessels for offshore oil drilling. It also builds tankers, cargo bulk carriers, passenger ships, and ferries.MDL is a public sector undertaking and is …
Investing in dividend-paying stocks is one of the popular investment strategies among investors who wish to have an additional source of steady income. This strategy is good because it helps in two ways: one through dividends and the other through capital appreciation of share prices. This approach is particularly suitable for investors who are retired. …
Vedanta Resources Ltd., through its subsidiary Finsider International Company Ltd., has recently announced that it has executed a transaction by selling a 2.6% stake in Vedanta Ltd. This move, valued at approximately Rs.4,379.7 crore, represents a significant step in Vedanta Group’s strategy to streamline operations and strengthen its foundation. Key Insights The stake sale, comprising …
Jindal Iron and Steel Company (JISCO), an Indian multinational steel producer and the flagship company of JSW Group, is the second largest private sector steel company. Founded in 1982, the company was formerly known as Piramal Steel Limited and was renamed when acquired by the Jindal Group. About JSW Steel USA JSW USA is part …
UltraTech Cement Limited, an Indian multinational cement company based in Mumbai, is the largest manufacturer of grey cement, ready-mix concrete, and white cement in India. It was originally founded in 1983 as the cement division of Larsen & Turbo (L&T). However, in 2004, in a demerger deal, Grasim Industries obtained management control of UltraTech CemCo …
On June 26, 2024, Radico Khaitan Limited proudly launched the Jaisalmer Indian Craft Gin ‘Gold Edition’, setting a new standard of luxury and sophistication in India’s gin market. Building on the success of their Jaisalmer Indian Craft Gin, which holds a significant 50% market share in the luxury segment, this new addition aims to elevate …
Introduction MIC Electronics Limited has recently announced the completion of significant railway projects. This update is particularly important for stakeholders and investors, as it demonstrates the company’s ongoing commitment to high-quality service and technological advancement. Stock Performance The stock of MIC Electronics hit a fresh 52-week high on Wednesday, reaching Rs 74.60 up by 5%. …
On June 26th, 2024, Thomas Cook (India) Limited’s wholly owned subsidiary, Sterling Holiday Resorts, India’s foremost leisure hospitality brand, launched its Emerging Leaders’ Development Program in collaboration with the Indian School of Hospitality (ISH). This partnership aims to enhance the skills of Sterling’s professionals through ISH’s renowned curricula, innovative learning techniques, and industry leaders’ mentorship. …
On June 26, 2024, Nazara Publishing, in collaboration with nCore Games, announced a new partnership to publish FAU-G: Domination, the latest game in the FAU-G series. The previous version of FAU-G was trendy, with up to 50 million downloads. FAU-G: Domination, developed by Dot9 Games under nCore Games, will offer pre-registrations on Google Play and …
