Expanding Capacities and Global Presence India’s leading stainless steel manufacturer, Jindal Stainless, has been a stalwart in the industry, boasting an annual turnover of Rs 35,700 crore (USD 4.30 billion) in FY23. With a robust infrastructure in place, the company is steadfastly ramping up its facilities to achieve a remarkable 4.2 million tonnes of annual …
Coromandel International Limited, a leading provider of agri-solutions in India, announced a strategic move to expand its footprint in the burgeoning agri-tech sector. Through its wholly-owned subsidiary, Coromandel Technology Limited (CTL), Coromandel has acquired a significant stake in Dhaksha Unmanned Systems Private Limited (Dhaksha). Deepening Commitment to Agri-tech Innovation The acquisition involves a 7% stake …
Cairn Oil & Gas, a subsidiary of Vedanta Ltd. and India’s largest private oil and gas exploration and production company, announced impressive growth in its resource portfolio on May 13, 2024. Expanding Reserves and Resources Year-on-Year Growth: Cairn’s Reserves and Resources (R&R) portfolio has witnessed a substantial 19% year-on-year increase, reaching 1.4 Bnboe (billion barrels …
Amidst weakness in Asian markets, domestic indices started the trading session flat today, while broader indices significantly outperformed the main indices. With 2,341 shares rising on the BSE and 1,034 shares declining, the advance-decline ratio strongly remained in favour of advances. Gains were led by the metals, power, utilities and telecommunications sectors, whereas the FMCG …
On Tuesday, the benchmark indices were trading in the green with the Sensex up around 25 points or 0.04% at 72,795, while the Nifty-50 was up around 12 points or 0.06% at 22,115. About 2,290 shares have advanced; 1,066 declined and 164 are unchanged on the BSE. Top gainers and losers on the BSE Sensex …
The benchmark index S&P BSE 500 opened today at 32,462.17 and made its day high at 32,559.40, and it is trading flat today, up by around 0.04%. From the same space, these are the top 3 companies that outperformed the benchmark index and were up by more than 5% today. Great Eastern Shipping Co. Ltd …
Astral Ltd., established on March 25, 1996, is a key player in the manufacturing and marketing of plumbing and piping systems for both residential and industrial applications. Operating through its two main segments, Plastic Products and Adhesives, Astral is headquartered in Ahmedabad, India, and continues to expand its footprint in the market. Market Performance and …
Cochin Shipyard Ltd (CSL) is the largest shipbuilding and maintenance facility in India. The services provided by the shipyard are building platform supply vessels and double-hulled oil tankers. The stock of Cochin Shipyard has surged more than 8% and made a day high of Rs.1310 a piece in today’s morning trading session after the company …
ABB is a leading Switzerland-based global technology company with a market valuation of $98.9 Billion, Its Indian arm ABB India Ltd. has surged market valuation of $20 Billion and has now become 1/5th the size of its parent company, after the stock of ABB India Ltd. have hit record highs this week as the company …
Navigating the Indian Market: A Brief Overview In the realm of Indian financial markets, each session unfurls a narrative shaped by various economic indicators, investor sentiment, and global cues. The recent session dawned with a positive hue, buoyed by a slight easing in April’s Consumer Price Index (CPI) inflation to 4.83%, down marginally from 4.85% …
