On Thursday, the shares of five major wire and cable companies experienced significant declines. These companies include Polycab India Limited, Havells India Limited, KEI Industries Limited, Finolex Cables Limited, and RR Kabel Limited. Understanding the factors behind this dip can provide valuable insights into the current market trends and the overall health of the electrical ...
Vakrangee Limited is poised to be in the spotlight during Thursday’s trading session. This attention comes as the company has announced a strategic corporate agency tie-up with Aditya Birla Capital’s health insurance arm, Aditya Birla Health Insurance Company Limited (ABHICL). This partnership aims to enhance the distribution of health insurance products, thus marking a significant ...
The stock market has always been a realm of both opportunity and risk, reflecting the economic pulse of a nation. Recently, the Indian equity market has witnessed significant turbulence as foreign investors pull out large sums. In this article, we will delve into the recent trends in foreign investments, the implications of these withdrawals, and ...
The recent stock market crash in India highlights the growing concerns among investors and the impact of global factors on domestic markets. For the fifth consecutive session, the Indian stock exchanges have faced sharp declines, driven by significant outflows of foreign institutional investors (FIIs), weakening global cues, and apprehensions regarding potential trade wars between major ...
The stock market often faces fluctuations, and during periods of downturn, investors tend to seek opportunities in penny stocks. Recently, amidst bearish trends, some penny stocks have shown remarkable resilience, gaining as much as 25%. This article delves into the details of these penny stocks, providing insights into their performance and potential investment strategies. Understanding ...
In recent months, the Indian power sector has witnessed significant developments, particularly related to Initial Public Offerings (IPOs). Key players in this industry, such as the Andhra Pradesh Power Generation Corporation (APGENCO) and the Gujarat Energy Transmission Corporation (GETCO), are currently in the process of appointing merchant bankers. Additionally, three more companies are preparing to ...
Established in 2013, boAt has rapidly emerged as a prominent player in the consumer electronics market. The company specializes in a diverse range of products, including smartwatches, headphones, and various other electronic devices. With a robust growth trajectory, boAt has increased its market share to an impressive 26.7% by the second quarter of 2024, solidifying ...
In recent weeks, Just Dial’s stock has experienced a significant surge, climbing more than 17% over the past three trading sessions. This impressive rally can be attributed to a rating upgrade issued by the brokerage firm, Nuvama Institutional Equities. As a result, the company’s shares reached an intraday high of ₹911.90, marking a 9% increase ...
The pharmaceutical sector is currently facing uncertainty and apprehension due to a recent warning from former President Donald Trump. On February 19, 2023, shares of pharmaceutical companies experienced significant declines of up to 10% as the market reacted to potential changes in trade policies that could adversely affect the industry. Understanding Trump’s Threat to the ...
In the dynamic world of stock trading, fluctuations are commonplace, but certain stocks exhibit notable resilience and growth even during challenging market conditions. Recently, a particular company’s shares soared approximately 10% during trading hours, reaching an impressive intra-day high of ₹10,789. This surge is especially remarkable considering that many stocks, particularly those within the Tata ...