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13th Mar 2024
According to sources cited in Economic Times story, HDFC Bank, biggest private lender in India, has started preparing for much anticipated initial public offering (IPO) of its subsidiary HDB Financial Services. Depending on state of market, HDB Fi
12th Mar 2024
Adani Ports: A Steady Rise Amidst Market Volatility Adani Ports has been a standout performer over the past year with a remarkable surge of 92%, it has outpaced the Nifty 50 benchmark showcasing a robust uptrend. Even over shorter periods such as
Over the past year, major players in the capital goods/industrials and utilities sectors such as Larsen & Toubro (L&T), NTPC and Power Grid have witnessed 68-93% increases in their share prices. The increase in these companies share prices ca
From the March 2023 lows, the Nifty 50 index rose 31%, while trailing profits increased by about 18% in the same period. As a result, values increased from a fair 17.5x to a high 20x on a forward earnings basis. According to experts, our one-yea
Spicejet Share Price after the announcement of strategic restructuring, number of SpiceJet employees, including Chief Commercial Officer, have departed airline, according to spokeswoman for company. A SpiceJet representative said, "Several
11th Mar 2024
Shares of NLC India surged by nearly 12% on 11 March hitting a high of ₹244.05 on National Stock Exchange. This surge came as the company's offer for sale (OFS) opened for retail investors on Monday. The offering concluded at 3:30 PM and is managed
6th Mar 2024
On 6th March, PM Narendra Modi inaugurated India's first underwater metro tunnel in Kolkata marking a milestone in the nation's infrastructure development. This project connects Howrah Maidan to Esplanade passing under the Hooghly River. Howrah Maida
Indian Railway Catering & Tourism Corporation has entered into a Memorandum of Understanding with Swiggy a leading online food aggregator to revolutionize the onboard dining experience for passengers of the Indian Railways. This collaboration aim
JSW Energy's shares witnessed a positive start in early trade on 6 March after a development by one of its subsidiaries. The company's step down subsidiary has secured a crucial Battery Energy Storage Purchase Agreement (BESPA) with Solar Energy Corp
5th Mar 2024
Morgan Stanley is setting new standards in the investment world with the introduction of pre-IPO share trading through its wealth management division, giving clients exclusive access to high-potential private companies, often termed as "unicorns," va
Bajaj Auto has increased its share buyback to ₹4,000 crore, starting on 6-Mar-24, and ending on 13-Mar-24. For the general category, the buyback offer is set at 1 share for every 87 owned, while the reserved category can sell back 7 shares for ever
In today's early trade, Tata Motors the global automobile manufacturer witnessed a surge in its shares by 4.52% reaching ₹1031.90 per share surpassing the milestone of ₹1000. This boost in share value comes in response to the company's strategic
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