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30th Jun 2022
Company signs lease agreement with Government of Odisha. Wonderla Holidays Ltd., a small-cap amusement park and resort company, has been trending on Dalal Street as the stock has rallied by over 5 from its previous close of Rs 227.25.
The Indian government has been supportive of the domestic fertiliser industry and raised the subsidy under the nutrient-based subsidy (NBS) scheme two months back. This was to ensure the availability of fertiliser for farmers and keep the production
The Indian stock market has been trying to build a bottom after sinking nearly 15 from the peak but fell again on Wednesday, before opening slightly higher on Thursday. On the one hand, investors are worried about rising interest rates in India a
On Wednesday, except for the last hour move, the Nifty has moved in a similar fashion to the previous day. It opened with a gap down and filled the gap by moving higher. But, the last hour decline because of profit booking is the only difference. The
29th Jun 2022
In the first half of 2022, over 50 fresh IPO filings have been done with SEBI, marking a record for the first half of any year. However, the number of issues have not really kept pace with the number of filings with the most obvious case being that n
On 29ths June, the rupee slipped beyond 79/$ for the first time in its history. The RBI had tried to stoutly defend the rupee for some time around the 78/$ levels, but the US dollar appears to be in the midst of a solid bull rally with the dollar ind
In just 3 days since the Blinkit acquisition was announced, the stock of Zomato is down almost 19, losing value on all the three days. What exactly is the reason that the stock markets are so unhappy with the Zomato Blinkit deal. After all, through
The Narendra Modi government on Wednesday deregulated domestic crude oil prices in a bid to boost sagging production, boost tax revenues and remove market anomalies. This effectively means that domestic producers of crude oil will now be able to s
The Indian rupee hit a fresh low against the US dollar on Wednesday even as local stock markets continued to be in the red and foreign institutional investors continued their retreat from the country. The rupee went below the psychological Rs 79 t
Several sugar stocks have crashed after the Indian government levied excise duty on export after elevated prices in global markets had supported the multi-decade high sugar exports. But the healthy domestic consumption is expected to push down the in
The Indian stock market has been trying to build a bottom after sliding around 15 from the peak even as the monetary tightening moves by both the RBI and US Federal Reserve, besides continuing high prices of crude oil remain worrying factors. But
Orient Bell Ltd, has surged more than _ after the company announced the completion of its capex projects. Orient Bell is engaged in the manufacturing, trading and selling of ceramic and floor tiles. Its chain of exclusive signature s
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