On Wednesday, the market closed with a mixed performance following a session characterized by trading within a limited range. The Sensex experienced a moderate decline of 0.16%, settling at 72,987.03, while the Nifty also saw a slight dip of 0.08%, closing at 22,200.55. In terms of sectoral performance, Nifty PSU Bank, Nifty Energy, and Nifty …
The Nifty 50, a key benchmark index representing the 50 largest companies by market capitalization on the National Stock Exchange of India, has delivered a healthy return of 21.31% in the past year. However, not all constituents of the index have kept pace with this growth. Notably, 21 stocks from the Nifty50 Index have underperformed, …
During Wednesday’s trading sessions, these three equities gained significantly with price and volume activity, indicating potential bullish action. Here’s an in-depth look. Suzlon Energy Ltd Today, Suzlon Energy’s stock hit a high of Rs 42.2 with a traded volume of 42,743,772 shares. Currently trading at Rs 42.2, it marks a 4.98% increase from the previous …
Suzlon Energy is an Indian Multinational wind turbine manufacturer founded in 1995, It is headquartered in Pune. The shares of the wind turbine manufacturer may see a massive inflow as of the latest rejig of MSCI. Suzlon Shares may see inflows of $14 million Suzlon Energy Ltd. was one of the nine stocks that were …
Granules India Limited, a leading vertically integrated pharmaceutical company, announced its financial results for the fourth quarter (Q4) and full fiscal year (FY) 2024, ending March 31, 2024. The report paints a mixed picture, with a slight decline in overall revenue balanced by a significant increase in the North American market. Revenue Trends and Market …
The Indian stock market has been a bit of a roller coaster ride in 2024. While the S&P BSE Sensex Index only went up 0.47% in the past two months, there’s been a lot of movement underneath the surface. This volatility is likely due to factors like the upcoming elections, which can make investors jittery. …
One of India’s top travel technology platforms, EaseMyTrip.com, revealed on May 15, 2024, that it has partnered with Google Wallet, which represents a major improvement in the overall user experience. The goal of this partnership is to completely transform the travel industry by providing travellers with a flawless experience by combining all booking requirements into …
Established over a century ago, Oil India (OIL) traces its roots back to the discovery of crude oil in Digboi, Assam, in 1889. Originally known as Burma Oil Company (BOC), the company witnessed several transformations before emerging as the entity we know today. Corporate Structure: Incorporated as ‘Oil India Private Ltd‘ on February 18, 1959, …
ICICI Securities, the broking subsidiary of ICICI Bank, has received approval from shareholders to delist its stock, paving the way for a merger with its parent company. During a vote held recently, 16 fund houses voted in favour while 7 opposed the plan. Among public institutional investors, who hold 16.68% of the company, 83.8% supported …
PVR Inox is an Indian multiplex chain based in Mumbai. It is formed by the merger of PVR Cinemas with INOX Leisure multiplex. The company has reported muted Q4 earnings yesterday and it has decided to cut down its Capex by 25% in FY25. PVR Inox to bring down FY25 Capex Nitin Sood, CFO of …
