Latest Updates Around The World
Taking on established players with its first foray into the consumer tire market, Balkrishna Industries is targeting one million two-wheeler tires per month by 2030, building on its manufacturing strength and brand equity.The move into the consumer segment marks a departure for a company that has built its business almost entirely in specialty off-road tires. […]
Off-highway tire maker Balkrishna Industries Ltd (BKT) on Tuesday announced its entry into the domestic consumer tire market with the launch of its On-Highway portfolio and said it has committed an investment of Rs 3,500 crore to support capacity expansion and advanced R&D capabilities, among others.As part of its on-highway portfolio, BKT introduced purpose-built tires […]
Auto shares gathered more than 7% on Monday and continued their winning momentum of the last month, with Bharat Forge (7%) led the profit. It was followed by Ashok Leyland, who hit his 52 weeks. Sectorally, the Nifty Auto Index surpassed all its peers who rise more than 3% on an intraday basis. Auto OEMs […]
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, […]
NSE Indices announced a recasting of his benchmark indices on Friday as part of his half-yearly assessment. Budget Carrier Indigo and Max Healthcare Institute will be included in the Nifty Index, to replace Hero Motocorp and Indusind Bank. The changes will take effect from September 30. Indigo had an average exemption market capitalization of RS […]
Thursday, July 30, marks an important day for income -seeking investors, since different companies have declared their interim or final dividends, and today is the last trading day that is eligible for these payouts. The prominent names stand out Bharat Petroleum Corporation LTD (BPCL) and Coforge LTD with remarkable dividend announcements. State leader Oil Marketing […]
