Indian stock market: Stock market indices Sensex and the Nifty 50, concluded more than one percent lower for the second consecutive session. Investor sentiment was dampened as equities across various sectors were offloaded amidst escalating tensions in West Asia. The situation intensified after Iran launched over 300 missiles and dronesRead More →
India’s defence exports have reached ₹21,083 crore in FY24, registering a growth of 32.5% year-on-year (YoY). The contributions from the private sector and the defence PSUs were around 60% and 40%, respectively. With Lok Sabha elections around the corner and a moral code of conduct in place, the next roundRead More →
Since the anticipation of rate cuts began building up after December, the Nifty IT index has witnessed a significant rally of over 17.5% to date. Also Read: TCS market cap hits ₹15 lakh crore as stock touches new all-time high However, the latest update from the Fed suggests that aRead More →
Shares of Godrej Consumer Products, a leading FMCG maker, jumped 11.70% in today’s early trade to hit a fresh all-time high of ₹1299.90 apiece. This sharp uptick in shares was in response to the company’s December quarter performance, which came in line with analyst estimates. The company released its financialRead More →
Excluding the Oil & Gas sector, it sees a 10.2 percent growth in EBITDA and 15.1 percent growth in PBT for its coverage universe. According to PL, Auto, Capital Goods, Pharma, Metals, Building Materials, Housing Finance Companies, and Travel will lead growth, however, Chemicals, Media, Education and Telecom will beRead More →
The company released its Q3 FY24 (third quarter) numbers on Saturday (January 13), posting a 17.2% YoY growth in its consolidated revenue from operations at ₹13,572 crore, as compared to ₹11,569 crore in the same period last year. This growth was led by a marginal uptick in discretionary spending duringRead More →
In CY23 alone, the shares recorded a massive return of 367%. Looking back, in CY22, CY21, and CY20, the stock posted positive returns of 140.27%, 60%, and 19%, respectively. Also Read: Ircon share price hits lifetime high. Should you buy as profit-booking triggers? Systematix Institutional Equities, a domestic brokerage firm,Read More →
Jio Financial Services is a non-deposit-taking, non-banking financial company. Its primary offerings include retail lending, merchant lending, payments bank operations, payments solutions, and insurance broking. The company primarily targets key customer segments, namely individuals and small businesses in urban, semi-urban, and rural India, to offer a sustainable and comprehensive rangeRead More →
During the trading session on Monday, January 1, Sensex closed 32 points, or 0.04 per cent, higher at 72,271.94, while Nifty 50 settled at 21,741.90, up 11 points, or 0.05 per cent. The BSE Midcap index hit its fresh all-time high of 37,171.97 while the BSE smallcap index touched itsRead More →
Founded in 1974, Lloyds Engineering Works (LEWL) is predominantly involved in the development, production, and deployment of robust equipment, machinery, and systems tailored for the hydrocarbon sector, oil and gas, steel plants, power plants, nuclear plant boilers, and comprehensive turnkey projects. Also Read: Stock market last week: These 5 pennyRead More →
