BEML Limited, a state-run Miniratna company under the Ministry of Defence, has secured a significant contract worth ₹3,658 crore from Chennai Metro Rail Limited. This landmark achievement has fueled a sharp rise in BEML’s stock price, reflecting strong investor confidence. The new order, coupled with the company’s robust performance in 2024, has positioned BEML as … Read more
HDFC Bank, India’s largest private sector lender, achieved a historic milestone on November 28, 2024, when its market capitalization crossed ₹14 lakh crore. This achievement followed a surge in the bank’s stock price, which hit a fresh high of ₹1,836.05 during early trading. Here’s a detailed breakdown of this significant development and the factors driving … Read more
Adani Total Gas witnessed a sharp jump in early trade on Thursday, with its stock surging by 16%. The rally reflects an ongoing recovery in Adani Group stocks following clarifications regarding allegations by US authorities. Here’s a detailed look at the reasons behind this surge and what it means for investors. Performance Highlights Key Drivers … Read more
The Suraksha Diagnostic IPO is set to open for public subscription on November 29, 2024, offering investors a compelling opportunity in the diagnostic healthcare sector. The initial public offering (IPO) involves a total offer-for-sale (OFS) valued at ₹846.25 crore. Here’s a detailed look at the key aspects of this IPO. 1. Subscription Dates The IPO … Read more
Grayscale Investments LLC, a leader in digital asset management, has submitted its 10-K filing for the fiscal year ending September 30, 2024. This report sheds light on the operational framework, investment goals, and potential risks associated with the Grayscale Stellar Lumens Trust (XLM). Overview of the Grayscale Stellar Lumens Trust The Grayscale Stellar Lumens Trust, … Read more
SENSEX and NIFTY delivered a powerful rebound on Friday, November 22, 2024, marking the end of a seven-week losing streak. Fueled by strong U.S. jobs data and gains in Asian markets, the indices soared by over 2%, making it their best single-day performance since June 7, 2024. Here’s a detailed recap of the market movements … Read more
Gold and silver prices are experiencing significant fluctuations during the wedding season. On November 23, 2024, gold prices soared past ₹79,000 for 10 grams of 24K gold, while silver rates remained steady, hovering near ₹92,000 per kilogram. If you’re planning to invest in gold or silver, knowing the latest rates is crucial to making informed … Read more
Introduction As Black Friday approaches, consumers prepare for a shopping frenzy, hunting for deals on everything from electronics to fashion. But beyond the hustle of shoppers filling their carts, there’s another group with a keen interest in Black Friday: investors. The retail holiday doesn’t just impact shoppers; it sends ripples through the stock market, affecting … Read more
Mazagon Dock Shipbuilders Ltd. recently reported impressive Q2 FY25 results, with a 76% year-over-year increase in net profit to INR 585 crore. This growth was driven by a 51% surge in revenue, which reached INR 2,756.83 crore, up from INR 1,827.70 crore in the prior year. Financial Highlights Strategic Impact and Market ResponseMazagon Dock, a … Read more
Coal India, a major player in India’s coal production sector, has attracted market attention today as its stock turns ex-dividend. Investors eyeing dividend opportunities and long-term value have shown significant interest in the stock, especially given Coal India’s established history of regular payouts to shareholders. Understanding the Ex-Dividend Date An ex-dividend date marks the cutoff … Read more