The stock performance of Rama Steel Tubes has been nothing short of remarkable, experiencing an astounding increase of 2682% over five years. This small-cap company has gained significant attention from investors due to its impressive growth trajectory. As of March 13, 2020, the shares were valued at just ₹0.35, but by March 13, 2025, they ...
In recent developments, the government has taken significant steps to enhance telecommunications infrastructure in the country, particularly in rural areas. The Minister of State for Rural Development and Communication, Dr. Chandrashekar Pemmassani, recently addressed queries in Parliament regarding the allocation of funds for Bharat Sanchar Nigam Limited (BSNL). Funding Approval for BSNL In a move ...
CG Power has secured a significant order for the manufacturing of ten Vande Bharat trains. This contract includes the supply of motors, propulsion kits, transformers, and various other components essential for railway operations. The financial implications of this deal are noteworthy, estimated to be between ₹400 to ₹450 crores, showcasing CG Power’s pivotal role in ...
Stock market fluctuations can significantly impact investors, and recent developments concerning a particular company’s shares have raised alarms. This article delves into the steep decline of the company’s stock, exploring its historical performance, factors contributing to the downturn, and potential future implications for investors. Current Stock Performance Recently, the company’s stock experienced a sharp decline, ...
The Power Finance Corporation Ltd (PFC), a prominent Maharatna company owned by the Government of India, has been making headlines as it prepares for yet another board meeting scheduled for March 12, 2023. Having distributed dividends four times in the current financial year, investors and stakeholders are keenly observing the outcomes of this upcoming meeting. ...
The Mobikwik IPO, a much-anticipated event in the financial market, was open for subscription from December 11 to December 13, 2024. The pricing range for this initial public offering (IPO) was set between ₹265 and ₹279 per share, presenting a compelling opportunity for investors looking to diversify their portfolios. With a minimum lot size of ...
The global economic landscape is undergoing significant changes that are impacting markets around the world. Factors such as market overvaluation, support for local companies in China, and tariff announcements by former President Trump have contributed to a bearish sentiment in domestic markets. Additionally, the ongoing trend of Foreign Portfolio Investors (FIIs) withdrawing funds from Indian ...
The economic performance of a country is often gauged by its Gross Domestic Product (GDP), a critical indicator of economic health. In the latest quarterly figures, India’s GDP has shown a notable increase, signifying a potential turnaround in its economic landscape. Understanding the factors contributing to this growth and its implications is essential for businesses, ...
The PM Shram Yogi Maandhan Yojana is a pivotal initiative aimed at enhancing the living conditions of unorganized sector workers in India. By providing a minimum monthly pension of ₹3,000 post the age of 60, this scheme addresses the financial security concerns faced by workers who often lack a stable income and social security benefits. ...
The stock market is currently experiencing a challenging period, with investors facing significant volatility and uncertainty. As of today, Tuesday, marks the third consecutive day of decline, with the benchmark BSE Sensex closing below the key psychological level of 73,000, reflecting a decrease of 96 points. This downturn has prompted concern among traders and analysts ...