On May 7, 2024, Shyam Metalics and Energy Ltd informed the stock exchanges about the start of operations at the newly acquired Ramsarup plant following its indirect acquisition through its wholly owned subsidiary, Shyam Sel and Power Limited, in May 2022. The company anticipates that this operational start will generate around 2000 job opportunities, both …
On Tuesday, the market experienced its third consecutive decline, resulting in a total market capitalization loss of Rs 10 lakh crore over the past three days. The Sensex decreased moderately by 0.52%, closing at 73,511.85, while the Nifty dropped by 0.62%, closing at 22,302.50. Among sectoral indices, Nifty FMCG and Nifty IT ended on a …
Entero Healthcare Solutions Limited (Entero), a leading player in the Indian pharmaceutical distribution landscape, announced a strategic move to expand its reach on May 6, 2024. The company’s Board of Directors approved the acquisition of a significant stake in Avenir Lifecare Pharma Private Limited (ALPPL). Acquisition Details Entero has entered into definitive agreements to acquire …
ABB India Ltd announced on May 7, 2024, that the company’s first-of-its-kind Miniature Circuit Breaker (MCB) touched a milestone 100-year anniversary of protecting electrical circuits while evolving to meet the sustainability needs of the future. MCB has changed our everyday lives by providing safety for both commercial and residential buildings, reducing the risk of unforeseen …
Persistent Systems, a leading global player in Digital Engineering and Enterprise Modernization, has unveiled iAURA, a comprehensive suite of AI-powered data solutions designed to empower businesses in the age of big data. Addressing Data Challenges in the AI Era The ever-growing volume of data presents significant challenges for businesses. Managing, securing, and extracting value from …
During Tuesday’s trading sessions, these three equities gained significantly with price and volume activity, indicating potential bullish action. Here’s an in-depth look. Sigachi Industries Ltd Sigachi Industries Ltd is currently trading at Rs 68.55, up by 3.71% from its previous close of Rs 66.1. The stock hit a high of Rs 69.7 today with a …
Technical analysis identifies Narayana Hrudayalaya and Honasa Consumer as upside potential stocks. Both stocks have displayed promising structures and technical setups, including price volume contraction, and the potential to bounce back and breakout. Currently trading at Rs 1,275.75 and Rs 424 respectively, their price aligns with positive signals from technical indicators like RSI and ADX, …
The Supreme Court grants relief to the Tobacco Industry on the ongoing 17-year-long battle, The matter pertains to The matter pertains to 2006, when a demand notice of Rs.10 crore was issued to a tobacco company by the Central Excise Department, seeking 67% excise duty on tobacco products. The industry claimed that chewing tobacco is …
Titagarh Rail Systems Ltd, known as Titagarh Wagons Ltd. is an Indian rolling stock manufacturer in the private sector. The stock of Titagarh Wagon has jumped by 8% today, the company has an extended order book till FY27 and market analysts are also bullish on the stock as they believe that the company is going …
On May 7, 2024, Thomas Cook (India) Limited informed the stock exchanges that the company had launched its Video KYC with paperless processes to support its retail customers. With this digital solution, the company strives to make it easy and convenient for customers to avail of foreign exchange services from the comfort of their homes. …
