Record Highs and Significant Gains On Monday, amidst a sea of green, many stocks touched record highs or 52-week highs. Among these, IRB Infrastructure Developers Ltd, one of India’s leading and largest integrated multinational transport infrastructure developers in the highways sector, surged more than 10%, inching closer to its 52-week high. The stock of IRB …
On June 3, 2024, Vakrangee Limited (VL) announced its finalised Share Purchase Agreement with Tata Capital Innovations Fund, securing an 18.5% equity stake in Vortex Engineering Private Limited (Vortex). This move will help the company to emerge as a prominent fintech entity in rural India. Vortex Engineering is a pioneering force in Automated Teller Machines …
On June 3, 2024, Cairn Oil & Gas, a division of Vedanta Limited, announced in an exchange filing that the company aims to achieve Net Zero Carbon status by 2030 through pioneering Environmental, Social, and Corporate Governance (ESG) leadership across the E&P value chain. As part of a comprehensive strategy, Cairn’s focused ESG roadmap includes …
In a recent Manchester United Football Club event, the Managing Director of Apollo Tyres, Neeraj Kanwar, said that tyres being produced in India are going to the rest of the world. These tyres, bearing the Apollo and Vredestein brands, are being distributed worldwide, including to destinations like Germany’s high-speed autobahn and now the United States …
On Monday, the Indian benchmark indices concluded the trading day on a notably positive note, with the Sensex significantly gaining by 3.39% to close at 76,468.78, and the Nifty rising by 3.25% to finish at 23,263.90. The broader market also experienced gains, as the Nifty Mid-Cap closed higher by 3.19%, and the Nifty Small-Cap soared …
The market experienced its best trading day in three years on Monday, driven by exit polls predicting a BJP win. Frontline indices hit record highs, with gains of 3% or more across the board. All sectoral indices surged, while the volatility index fell by up to 20%. This broad-based rally saw significant gains in public …
Gold is more than just a precious metal in India; it’s a cultural touchstone, a symbol of prosperity, and a go-to investment option. But lately, that shine of gold has come at a steep cost. Prices have been rising consistently, which has many people asking why gold is so expensive in India at the moment. …
On June 3, 2024, AGS Transact Technologies Limited informed the stock exchanges that the company’s digital payments platform, Ongo, has commenced testing a voice-controlled fueling feature in its mobile application. Currently, in its pilot phase, Ongo employs Artificial Intelligence (AI) to enable users to fuel their vehicles effortlessly with voice commands. Integrated with Ongo’s AI …
During Monday’s trading sessions, these three equities gained significantly with price and volume activity, indicating potential bullish action. Here’s an in-depth look. Central Bank of India Ltd Central Bank of India Ltd saw a significant price volume breakout today, trading with a volume of 95,382,687 shares. The stock is currently trading at Rs 72.3, up …
Gautam Adani, the chairman of the Adani Group, has once again claimed the title of Asia’s wealthiest person, overtaking Mukesh Ambani, the chairman of Reliance Industries, according to the Bloomberg Billionaires Index. Adani’s net worth of USD 111 billion now positions him as the 11th richest individual globally, surpassing Ambani’s wealth of USD 109 billion, …
