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26th Aug 2022
Carbon neutrality is the new in-thing and it is not just the big private sector companies that are talking about going net-zero carbon. Even government owned IOCL has laid out aggressive plans. It will invest close to Rs2 trillion or about $25 billio
It is said that when troubles come, they come in droves. For the last 5 years, it looked like the Edtech companies in general and Byju’s in particular could just not even put one wrong step. In the last few months, the sheen appears to have faded.
India’s most valuable bank by market cap and largest private sector bank by size, HDFC Bank will invest Rs49.9 crore to Rs69.9 crore in two tranches to acquire a 9.94 equity stake in the company. Apparently, the bank has entered into an indicative
The Rs.562.10 crore IPO of Dreamfolks Services Ltd, consisted entirely of an offer for sale of Rs562.10 crore and there was no fresh issue component in the IPO. The IPO saw encouraging response on Day-1 and Day-2 of the IPO and on Day-3, the IPO buil
Syrma SGS Technology Ltd had a strong listing on 26th August 2022, listing at a premium of 18.2, and closing the day well above the listing price. While the stock did show some bouts of volatility during the day, it closed the day exactly at the 20
Nelco stock surged by 10, hitting the upper circuit due to an agreement with Intelsat Airline. Nelco's share price has increased by 77.85 points, or 10.00, from its last closing price on the BSE of Rs 778.80 to its upper circuit limit of Rs 856.
The shares of Astra Microwave Products were up by 7.11 and also touched a fresh 52-week high. Astra Microwave Products is engaged in the business of design, development and manufacture of sub-systems for radio frequency and microwave systems used
In any macro level policy analysis, there are two factors that matter. The first is inflation and the US inflation is something most traders are tracking. Equally important is the US quarterly GDP growth, which is normally given less weightage, but h
India is reportedly developing 6G services, which could debut by the end of 2030, despite the fact that the 5G rollout has not yet occurred. The country is getting ready to roll out 6G services by the end of this decade, according to Prime Minister N
Just a couple of days after a unit of Fitch issued a cautionary note on the Adani group due to their high levels of debt, S&P Global has also followed suit. Like in the case of Fitch, S&P Global has also highlighted glaringly high levels of l
Here’s a list of the top 5 gainers and losers this week in the large-cap space. In the last 5 trading sessions, the frontline index S&P BSE Sensex plunged 1.46, going from the level of 59,646.15 on 19 August to 58,774.72 on 25 August. S
Tata Power wants to boost its return ratios with higher profits. Return on Equity (RoE) and Return on Capital Employed (ROCE) are anticipated to reach higher levels by FY2027—more specifically, 13 and 11, respectively. In FY2022, these metrics we
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