Adani Ports & Special Economic Zone is in the business of development, operations, and maintenance of port infrastructure (port services and related infrastructure development) and has linked multi-product Special Economic Zone (SEZ) and related infrastructure contiguous to Port at Mundra. It is the largest port developer and operator in India. The company has a total …
GIC Housing Finance, a prominent player in the housing finance sector, has recently experienced a cybersecurity breach. The incident has raised concerns over the security measures in place at financial institutions and the growing threat of cyberattacks in this digital boom. The Incident On June 21, 2024, GIC Housing Finance reported a malware attack that …
On June 20, 2024, the Nifty 50 rose 0.22% and closed at 23,567, and the Sensex closed at 77,478, reflecting a rise of 0.18%. Top Gainers and Losers On the sectoral front, Nifty Realty, Nifty Metal, Nifty Private Bank, and Nifty Oil and Gas ended in the green. Meanwhile, Nifty Pharma, Nifty Auto, Nifty PSU …
During Thursday’s trading sessions, these three equities gained significantly with price and volume activity, indicating potential bullish action. Here’s an in-depth look. Hindustan Construction Company Ltd Hindustan Construction Company Ltd closed the day at Rs 50.08, up 5.41% from the previous close of Rs 47.51. The stock is currently trading at Rs 51.87, with a …
On Thursday, the market posted a record close in a rangebound session. The Sensex gained 0.18% to close at 77,478.93, while the Nifty rose 0.22% to finish at 23,567. Among sectors, Nifty Realty, Nifty Metal, and Nifty Bank were among the top gainers, while Nifty Pharma, Nifty Auto, and Nifty PSU Bank were the top …
On June 19, 2024, Gensol Engineering Ltd. received an additional 250 MW/500 MWh from Gujarat Urja Vikas Nigam Limited (GUVNL) for their Battery Energy Storage Systems (BESS) project. This brings their total project capacity to 500 MW/1000 MWh. The project, including both tranches, is expected to generate ₹2685 crore in revenue over 12 years under …
HDFC Bank, established in 1994, is a prominent public sector bank in India. Renowned for its retail, wholesale, and treasury services, it’s a subsidiary of HDFC Ltd. While its banking activities are widely known, HDFC Bank also holds significant stakes in a diverse range of companies. Shares of HDFC Bank have surged by 9% in …
Fertiliser stocks have soared to record highs amidst anticipation that the upcoming Goods and Services Tax (GST) Council meeting could recommend exempting essential plant nutrients from the current 5% tax. Scheduled for June 22, this meeting marks the Fitment Committee’s first session since Prime Minister Narendra Modi’s third-term inauguration. Government-run firms NFL, RCF, GSFC, GNFC, …
Titan Company, which belongs to the Tata Group plans to aggressively expand its retail footprint in Chennai. The company plans to expand its brand verticals especially the jewellery vertical Tanishq and its saree label Taneira. It also plans to launch its exclusive ladies’ handbag brand store “Earth”, sometime later this year. Titan’s plans In the …
Jupiter Electric Mobility Private Limited (JEM), a subsidiary of Jupiter Wagons Limited (JWL), is making significant strides in revolutionising rail transport in India with its Lithium-Ion Phosphate (LFP) battery technology. Partnering with Log9 Materials, a leading Indian deep-tech innovator in energy storage, JEM has achieved several key milestones in the development and certification of these …
