Webol Energy System, manufacturer of solar cells and modules, has announced a 1-out-10 stock split, which will change the nominal value of its shares from RS 10 to RS 1. The split will make the shares more affordable and accessible for a broader basis of Retail investors, after the company has more than 6,000% return. […]
Car shares collected no less than 6% on Monday prior to the all important two-day GST Council meeting that starts on Wednesday 3 September. Sectorally beat his colleagues with the Nifty Auto Index that ended the day with a 2.8% increase. All 15 shares settled in the Green. The positive sentiments helped to sail shares, […]
Despite a supporting macro -economic background – cuts by the Reserve Bank of India (RBI), an upgrade in the sovereign creditworthiness of India and subdued inflation – have experienced binding markets a significant dislocation, according to the latest acumen – notion of Axis Mutuald Research. The background The volatility of the tire market of India […]
The long-awaited Jio IPO from Reliance Industries, once expected by the end of 2025, will now hit the markets in the first half of 2026, according to the AGM announcement of the company. Although the shift in the timeline has raised questions, analysts suggest that the delay is less about hesitation and more about timing […]
Foreign Institutional Investors (FIIs) significantly cut their participations in LargeCap, MidCap and SmallCap shares during the June quartal, with the greatest proportional reductions that are seen in the LARGECAP segment. Recent data show that FIIs have reduced the interests in 55% of the Largecap companies, compared to 50% in midcap and 53% in SmallCap companies. […]
The cement industry expects a large lighting because the goods and service tax (GST) on cement will probably be reduced from 28% to 18%, according to Jasandep Chadha, stock research analyst at Nomura. Chadha now said that there is “fair certainty” about the tax reduction after the upcoming GST Council meeting. “This will be structurally […]
The Push in Artificial Intelligence (AI) from Reliance Industries through its new arm, Reliance Intelligence, could be a game change for India, according to Sandip Agarwal, fund manager at Sowilo Investment Managers. Speaking with et now, Agarwal said that the strategy of reliance hardware, software and products combines in a way that distinguishes it. “On […]
The Japanese Nikkei part on average dropped at a low of three weeks to Monday when the shares of the chip sector were tumbling, so that there were indications of a sale led by the technology on Wall Street on Friday. The Nikkei fell 1.24% to 42,188.79 from the end of the trade, and rather […]
The allocation of shares for RS 41.80 Crore IPO of current infrastructure projects is announced today. Investors who have applied for the issue opened from August 26 to August 29, can soon check whether they have received shares. The EPC and Renewable Energy Solutions company has been set to mention on 3 September 2025 on […]
Industrial growth is a highlight of four months in July, but the process for the coming months will depend on the export performance and the impact of higher rates, according to Upasana Chachra, Chief India Economist at Morgan Stanley. The index of industrial production (IIP) rose by 3.5%in July, partly due to the export of […]