On May 21, 2024, VST Tillers Tractors Ltd informed the exchanges that it has partnered with Axis Bank. The company has signed a Memorandum of Understanding (MOU) with Axis Bank to provide financial solutions for farmers purchasing tractors and farm mechanisation products. According to the agreement, Axis Bank will offer financial solutions to VST’s prospective …
On May 21, 2024, Royal Orchid Hotels Ltd (ROHL) announced via an exchange filing the signing of ‘Regenta Resort,’ a luxury 5-star retreat near the world’s tallest statue, the Statue of Unity, in Kevadia, Gujarat. This will be the 15th ROHL-branded hotel in Gujarat. Strategically situated close to this globally recognised tourist attraction, Regenta Resort …
In the latest trading session, while the frontline indices ended with mixed results, the Nifty Metal Index emerged as the star performer. Metal stocks such as Hindustan Zinc, Hindalco, Hind Copper, and Vedanta captured significant attention as copper prices soared towards record highs. This surge was driven by the Chinese government’s decision to purchase unsold …
On May 21, 2024, Reliance Industries Limited (RIL) informed the exchanges that the company and Nel Hydrogen Electrolyser AS had entered into a technology licensing agreement. The agreement offers RIL an exclusive licence for Nel’s alkaline electrolysers in India and also allows RIL to manufacture Nel’s alkaline electrolysers for captive purposes globally. Nel Hydrogen Electrolyser …
Paytm reported its Q4 results today and saw a significant widening of losses in Q4FY24. The company’s net loss surged to Rs.550 Cr compared to Rs.219.8 Cr in the same period last year. This substantial increase in losses was attributed to temporary disruptions related to the Unified Payments Interface (UPI) transition and a more permanent …
On May 21, 2024, the Nifty 50 rose 0.12% and closed at 22,529, and the Sensex declined 0.07%, closing at 73,953. Top Gainers and Losers On the sectoral front, Nifty Metal, Nifty PSU Bank, Nifty Media and Nifty Oil & Gas ended in the green. Meanwhile, Nifty Private Bank, Nifty FMCG, Nifty Bank and Nifty …
Ircon International, or Indian Railway Construction International Limited (IRCON), is an Indian engineering & construction corporation, specializing in transport infrastructure. The public sector undertaking was established in 1976, The Government company has received its Q4 FY 2023-24 results today. Q4 Performance of IRCON International Ltd. IRCON International Ltd. has reported a fall of 4% in …
The stock of Zee Entertainment Enterprises Ltd (ZEEL) was seen buzzing on the bourses on Tuesday. The shares jumped about 4.8% and ended near the day’s high. However, the year 2024, up until the first half of May, had not been kind to ZEEL, with the stock price plummeting more than 40%. Yet, a recent …
Bharat Heavy Electricals Limited (BHEL) is an Indian central public sector undertaking and the largest government-owned power generation equipment manufacturer. It is owned by the Government of India, with administrative control by the Ministry of Heavy Industries. The PSU company has received its Q4 FY 2023-24 results today after market hours. Q4 Performance of BHEL …
The domestic equity benchmarks experienced a sideways trend , with the Nifty index hovering just above the 22,500 level. PSU bank shares saw buying demand for the third consecutive trading session. The S&P BSE Sensex closed almost flat, declining by 52.63 points or -0.07% to 73,953.31, while the Nifty 50 index added 27.5 points or …
