The shares of Greenply Industries Limited were trading at ₹383.70 down by ₹0.55 or 0.14 per cent on the NSE today at 2.10 pm. Greenply Industries Limited has received a tax demand of approximately ₹75.5 lakh from the Sales Tax Officer in Delhi. The order, dated August 29, 2024, pertains to the financial year 2019-20…
The Indian stock markets closed at record highs on Friday, August 30, 2024, with both the Nifty and Sensex extending their winning streak. The Nifty 50 index ended the day at 25,235.90, up 83.95 points or 0.33 per cent, while the Sensex closed at 82,365.77, gaining 231.16 points or 0.28 per cent. Market breadth remained…
Transformers and Rectifiers (India) Limited (TRIL) announced today that it has secured orders totalling ₹252 crore from three domestic entities. The company, a leading transformer manufacturer in India, received orders for various types of transformers and reactors from SPIL (₹91 crore), KEPIPL (₹70 crore), and JSPL (₹91 crore). The shares of Transformers and Rectifiers (India)…
Sathlokhar Synergys E&C Global Limited (SSEGL) announced today that it has won a significant contract worth ₹62.53 crore from Vinfast Auto India Private Limited. The order involves executing Mechanical, Electrical, and Plumbing (MEP) work at Vinfast’s upcoming electric vehicle factory in Thoothukudi, Tamil Nadu. The shares of Sathlokhar Synergys E&C Global Limited (SSEGL) were trading…
The Indian stock market showed modest gains in mid-day trading on Friday, with the Nifty 50 index up 0.36% at 25,241.80 and the Sensex rising 0.32 per cent to 82,401.20 as of 12:45 PM. The market’s upward momentum comes as Foreign Institutional Investors’ (FIIs) net long positions reached 70 per cent, meeting analyst expectations. Shilpa…
The shares of Cinevista Ltd were trading at ₹21.47 with a surge of 9.99 per cent today at 12.20 pm on the NSE. They announced yesterday that their joint development project named ‘ANTARES’ with K. Raheja Corp Real Estate Pvt Ltd in Kanjurmarg, Mumbai, has received RERA registration. This development follows the registration of the…
Mahindra Group and Sentrycs Ltd have signed a Memorandum of Understanding (MoU) to explore opportunities for developing and providing anti-drone solutions in India. The partnership, announced today, aims to create technology for both civilian and military applications under the ‘Make in India’ initiative. The shares of Mahindra and Mahindra Limited were trading at ₹2,814.25 up…
Garden Reach Shipbuilders & Engineers Ltd (GRSE) announced today that they have signed a Memorandum of Understanding (MoU) with National Highway Infrastructure Development Corporation Ltd (NHIDCL) yesterday, on August 29, 2024, for the fabrication, supply, and launching of Double-Lane Class 70 modular steel and Bailey bridges. The agreement aims to enhance connectivity in critical forward…
Sugar stocks will remain in focus as the Centre has permitted sugar mills to use cane juice or syrup to produce ethanol for the Ethanol Supply Year (ESY) 2024-25 beginning November 1, 2024. This update, revealed in a notification on August 29, eliminates the previous limit on the amount of sugar that can be diverted…
Domestic markets are expected to continue their momentum thanks to positive global sentiment. The Nifty 50 has risen for 11 consecutive days, its longest winning streak since October 2007, according to market participants. Gift Nifty at 25,290 signals a positive bias for the domestic market. Despite the strong rally in heavyweights, analysts expect the momentum…
