At the end of September quarter, order backlog for the company stood at Rs 33,457 crore. Praj Industries, India’s leading company in bio energy space announced Q2FY23 results on October 18, post market hours. Consolidated revenue for the s

The stock surged 3% on the day On October 18, the market is trading in green. At 10:56 am, the S&P BSE Sensex is trading at 59325.61, up 0.6%, while NIFTY50 is trading at 17584.1, up 0.56%. Regarding sectoral performance, Financials and C

On Monday morning Indian indices started on a great note! Domestic equity, BSE Sensex was up by 101.96 points or 0.16% at the 61,897 level, while the Nifty was up 44.20 points or 0.24% at 18,393.90. About 1756 shares have advanced, 1690 declined,

On a monetary policy day, the benchmark indices declined below the key supports. It closed below the prior bar and formed another lower low candle. For the second day, it closed below the 5EMA. However, it surpassed the previous day's high d

Transformers and Rectifiers (India) order book rises to Rs 1521 crore. Transformers and Rectifiers (India) is currently trading at Rs 54.60, up by 3.39% from its previous closing of Rs. 53.15 on the BSE. The scrip opened at Rs. 53.15 and has touch

The stock surged 7% on the day. On October 18, the market closed in green. The S&P BSE Sensex closed at 58960.6, up 0.94%, while NIFTY50 closed at 17,486.95, up 1%. Regarding sectoral performance, Financials are outperforming, while Metals and

Invesco Developing Markets Fund, which currently owns about 10.14% stake in Zee Entertainment, had already announced plans to sell half of its stake in the company in a block deal on Tuesday, the 18th of October 2022. As per exchange report on bulk d

The cues in the global markets led to a positive start for benchmark indices which further strengthened with the surge in majority indices across sectors like FMCG, auto, capital goods, power, PSU Bank and realty. On a domestic basis, the reduct

It looks like the funding gods are finally smiling on the Edtech sector in general and Byju’s in particular. Byju’s has just raised $250 million through a rights issue from existing investors, but what is perhaps gratifying is that it was done at

The sugar cycle year (SCY) is likely to be another bumper year for the sugar industry. But first a quick word on what this sugar cycle year is all about? In India, sugar follows a distinct cycle stretching from October to the next September. So, in t

The exchanges have reported that Piramal Pharma Ltd would be listed on the bourses on Wednesday, the 19th of October. It may be recollected that recently Piramal Pharma had bene demerged from Piramal Enterprises Ltd (PEL). Piramal Enterprises always

There is a problem of costs that cement companies are facing. Of course, bulk of the cement companies re yet to come out with results. However, we have already seen results coming from 2 major cement majors viz. Shree Cements and ACC Ltd. Let us unde