Mahindra & Mahindra Ltd., a household name in the Indian automotive industry, celebrated a momentous achievement with its newest compact SUV, the XUV 3XO. Within 60 minutes of opening online bookings on May 16th, the XUV 3XO received a staggering over 50,000 reservations, setting an unprecedented record for Mahindra. The XUV 3XO has ignited a …
Retail Investors Stunned: Trading Suspended for Brightcom Group Shares In a gut-wrenching blow to nearly 5.7 lakh retail investors, the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE) have dealt a heavy-handed decision: the suspension of trading for Brightcom Group (BCG) shares starting June 14. Regulatory Standoff: A Harsh Reality With an air …
Market Analysis and Profit-Taking On Wednesday, the NSE benchmark Nifty 50 index traded within a narrow range, marking its narrowest daily range for May, with a meager range of about 146 points. On the daily chart, Nifty formed a bearish candle with minor upper and lower shadows, ending its three-day winning streak with a marginal …
On May 15, 2024, iTriangle Infotech, a leading provider of telematics solutions, and VE Commercial Vehicles Ltd (VECV), a joint venture between the Volvo Group and Eicher Motors, solidified their collaboration by finalising agreements to establish a joint venture. This strategic partnership aims to revolutionise the fleet management landscape for the commercial vehicle industry in …
Reflecting the resilience in global markets, domestic indices started today’s trading session on a cheerful note, with significant gains in the information technology, telecommunications, and energy sectors. Broader indices also experienced notable investor optimism. With 2,115 shares rising on the BSE and 804 shares declining, the advance-decline ratio strongly remained in favour of advances. At …
On Thursday, the benchmark indices were trading in the green with the Sensex up around 225 points or 0.31% at 73,207, while the Nifty-50 was up around 57 points or 0.26% at 22,258. About 2,088 shares have advanced; 871 declined and 115 are unchanged on the BSE. Top gainers and losers on the BSE Sensex …
TVS Motor Company (TVSM), a global leader in the two- and three-wheeler industry, announced its official entry into the Italian market. This strategic expansion marks a significant step forward for TVSM, solidifying its position as a major player on the world stage. Offering Premium Mobility Solutions to Italian Consumers Italian consumers can now experience the …
Indian Energy Exchange (IEX) reported a robust financial performance for the quarter and financial year ended March 31, 2024. The Board of Directors approved the audited financial results, showcasing the company’s solid growth and strategic advancements. Financial Performance In Q4FY24, the company achieved a consolidated net profit of 966.9 million rupees, an increase from 883.4 …
LIC Housing Finance Ltd. is one of the largest Housing Finance Mortgage loan companies in India having its Registered and Corporate office in Mumbai. LIC Housing Finance Ltd. is a subsidiary company of Life Insurance Corporation of India(LIC). The company has reported its Q4 FY 2023-24 results. Q4 Performance of LIC Housing Finance Ltd The …
On May 15, 2024, the Nifty 50 fell 0.03% and closed at 22,210, and the Sensex dropped 0.16%, closing at 72,987. Top Gainers and Losers On the sectoral front, Nifty PSU Bank, Nifty Realty, Nifty Oil and Gas, and Nifty Consumer durables ended in the green. Meanwhile, Nifty FMCG, Nifty Media, Nifty Auto, and Nifty …
