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13th Jan 2023
Rallis India, Apcotex Industries, and Sigachi Industries witnessed a volume burst in the last 75 minutes of the trade. As the saying goes, the first, as well as the last hour of each trading session, is the most important and active in t
The shares of Rallis India Ltd surged 7 on the day. On January 13, the market traded in the green. The S&P BSE Sensex closed trading at 60261.18, while NIFTY50 closed trading at 17,956.6, both up more than 0.5. About sectoral perfo
The project will have a developable potential of approximately 1.6 million square feet A subsidiary of Godrej Group and one of India’s leading real estate developers today announced that it has purchased 60 acres on an outright basis in the fast
Here’s a list of the top 5 gainers and losers this week in the large-cap space. It seems that the prudent efforts of the central banks are paying off. The effects of the consistent rate hikes taken by the central banks are reflecting in the infl
List of top 5 gainers and losers in the Midcap and Smallcap segment for the week from January 06, 2022, to January 12, 2023. The frontline index S&P BSE Sensex stood flat gaining 0.10 or 57.66 points during the week and closed at 59,958.03 on
On 12th January 2023, India’s one of the leading IT companies, Infosys announced its quarterly results. Key Highlights: In INR: - Revenues in constant currency terms grew by 13.7 YoY and 2.4 QoQ - Reported revenues at Rs. 38,318 c
The Tata group is exploring the possibility of setting up plants in India as well as in Europe to manufacture battery cells for electric vehicles (EV). Batteries are not only the most critical part but also one of the most expensive parts in an elect
It was a tale of two inflations in the US. The prices of most goods is down but the prices of most services are still rising. That is creating the dichotomy as services inflation is outpacing product inflation and we shall see more about that later.
India’s factory output, as measured by the IIP or the Index of Industrial Production for the month of November 2022 bounced back to a positive 7.1 on an annualized basis after it had contracted by -4 in October 2022. This is the highest level of
There was some encouraging news on the consumer inflation front for the month of December 2022. Of course, for the 39th month in succession, the CPI inflation stayed above the median RBI expectation of 4. However, December also was the second month
On 12th January, two of the leading IT companies in India, Infosys and HCL Tech announced their third quarter results (Q3FY23). While Infosys managed to keep the street happy, there were some concerns on HCL Tech despite good numbers. Let us look at
In its meeting held on 09th January 2023, the board of directors of Tata Consultancy Services (TCS) Ltd has approved an Interim Dividend pay-out of Rs 8/- per equity share plus a special dividend of Rs67 per equity share. The dividend of Rs75 per eq
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