Indian Railways’ ₹ 98 Cr order, Mukul Agrawal’s stock rises by 4%. This small-cap company’s shares increased by almost 4% during Monday’s trading session following the receipt of an order from the Indian Railways for Rs. 98 crores. In only a single year, the stock has given its stockholders a return of almost 150 percent….
Calcutta High Court upheld an arbitration award of Rs. 780 crore, Reliance Infra shares increased by 60% in a month. The early session on September 30, ahead of the company’s board meeting to seek capital, saw Anil Ambani-led Reliance Infrastructure shares rise. The company also successfully won when the Calcutta High Court maintained an…
OpenAI forecasts that its revenue would rise to $11.6 billion in 2025, up from an estimated $3.7 billion in 2024. Even though it expects losses of up to $5 billion this year because to significant processing power expenditures. Over $1 billion is invested by Thrive Capital in the OpenAI fundraising round. Thrive Capital is contributing more than $1 billion to OpenAI’s current $6.5 billion fundraising round, and it is receiving a perk that other…
Morgan Stanley downgraded Suzlon Energy shares, but raised price target due to strong order book growth and market potential. Suzlon Energy has seen a 217% rally in the last year, outperforming the Nifty 50 by 31%. Morgan Stanley downgraded the stock to ‘equalweight’, but raised its price target to Rs 88 per share, indicating an…
The Adani Group’s stocks have experienced a spectacular comeback in the last year, with seven of the ten stocks rising by 25% to 100%. The group’s overall market value increased by 57% as a result of this boom, from Rs 10.92 lakh crore to roughly Rs 17.15 lakh crore a year earlier (Data Source: ACE…
This Thursday, September 26, 2024, stocks to watch are: As markets in the Asia-Pacific region rose, Indian markets were expected to open higher on Thursday, following the lead from international markets. GIFT Nifty futures, which were trading above 26,000 and about 50 points ahead of Nifty futures’ most recent close at 25,998, supported the trend….
On Thursday, domestic equity benchmarks reached new record closing highs, driven by broad gains across most sectors. Financial, auto, FMCG, and metal shares led the rally, propelling the Sensex to 85,836.1 and the Nifty50 to 26,216.1, with both indices closing 0.8% stronger.
The Indian stock market’s benchmarks, Sensex and Nifty 50, surged to record highs today, climbing almost one percent. Automakers such as Mahindra and Mahindra, Maruti, and Tata Motors were among the top performers. On Thursday, September 26, India’s stock market benchmarks, the Sensex and Nifty 50, surged almost one percent each to reach new all-time…
Motel 6, with about 1,500 locations in the U.S. and Canada, takes its name from its original nightly rate of six dollars. Photo: Brian Snyder/Reuters Motel 6, one of America’s most recognizable lodging brands, has a new owner after an India-based hotel giant has agreed to buy it for $525 million. Oyo, the new owner, said on…
