Reliance Infrastructure Limited (RIL), a leading Indian infrastructure company, announced a strategic move to bolster its manpower service offerings. Through its wholly-owned subsidiary, Reliance Velocity Limited (RVL), RIL has entered into an agreement to acquire a significant stake in Utility Powertech Limited (UPL). Expanding Reach in Manpower Services The acquisition signifies RIL’s commitment to expanding …
Wardwizard Innovations & Mobility Limited, the company behind the popular “Joy e-bike” and “Joy e-rik” electric two-wheeler brands, is revving up its production lines. In April 2024, they reported a significant surge in electric two-wheeler dispatches, clocking in at 1,071 units. This impressive number marks a whopping 135% increase compared to April 2023, when the …
JSW Steel Limited, a flagship company of JSW Group, recently announced its monthly production for April 2024 through an exchange filing dated May 11, 2024. The company recorded consolidated Crude Steel production for the month at 21.21 Lakh tonnes, reflecting a YoY growth of 0.4%. The capacity utilisation at its Indian Operations stood at 88% …
On Thursday, the benchmark indices were trading in the red with the Sensex down around 515 points or 0.71% at 72,148, while the Nifty-50 was down around 145 points or 0.66% at 21,909. About 964 shares have advanced; 2,724 declined and 138 are unchanged on the BSE. Top gainers and losers on the BSE Sensex …
Amidst uncertainties surrounding election jitters, Indian headline indices experienced bearish investor sentiment and a significant decline. The lack of investor confidence was evident not only in the main indices but also in the broader markets, as all sectoral indices reported notable losses. At 10:45 am, the BSE Sensex plunged 1.07% reaching a level of 71,885. …
Adani Enterprises, the leading company within the Adani-led conglomerate has announced that it is set to allocate Rs.80,000 crore across its various sectors in the ongoing fiscal year. The majority of this investment in the FY25 will be directed towards expanding its new energy ventures and airport operations. Renewable Energy Investment in ANIL Division Adani …
The benchmark index S&P BSE 500 opened today at 32,328.20 and made its day high at 32,355.17, and it is trading in red today, down by over 0.90%. From the same space, these are the top 3 companies that outperformed the benchmark index and were up by more than 5% today. Piramal Pharma Ltd Shares …
ABB India Limited recently released results for the first quarter ended March 31, 2024 (Q1 CY2024). The company reported sales of ₹3,080 crore for the first quarter, up 28% year over year, thanks to a robust backlog, an installed base, and the market reach of all business divisions. Services and exports were also major contributors …
Stocks of the Tata Group company, Tata Motors Ltd, have fallen by 8% in today’s morning session on flat margin guidance for JLR by the management in the Q4 FY 2023-24 earnings presentation. Tata Motors Q4 highlights Tata Motors in its Q4 FY 2023-24 has reported a revenue of Rs.1.19 Lakh crores against a revenue …
On May 10, 2024, the Nifty 50 rose 0.44% and closed at 22,055, and the Sensex increased 0.36%, closing at 72,664. Top Gainers and Losers On the sectoral front, Nifty Metal, Nifty Midsmall Healthcare, Nifty Oil and Gas and Nifty FMCG ended in the green. Meanwhile, Nifty IT, Nifty Realty, Nifty PSU Bank, and Nifty …
