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Ashok Leyland, one of India’s leading commercial vehicle manufacturers, saw a significant boost in its share price on January 2, 2025, following the release of its December 2024 sales report. The company’s shares surged by 5%, reaching Rs 233 per share after it reported a positive 5% year-on-year (YoY) increase in total sales for the…
Triumphant Thursday! Sensex Soars to 80,000, Nifty Reclaims 24,200 In a remarkable trading session, the Indian equity markets witnessed a robust rally on January 2, 2025. The Sensex surged past the 80,000 mark for the first time, while the Nifty reclaimed the critical level of 24,200. Bolstered by strong performances in the auto, IT, and…
Reliance Acquires Karkinos Healthcare for ₹375 Crore Reliance Industries Limited (RIL), India’s largest company by market capitalization, has made a significant move into the healthcare sector with the acquisition of Karkinos Healthcare for ₹375 crore. This acquisition, executed through Reliance Strategic Business Ventures Limited (RSBVL), highlights Reliance’s commitment to expanding its portfolio into technology-driven healthcare…
Eicher Motors Ltd. is riding high on the success of its flagship brand, Royal Enfield, following impressive sales numbers in December 2024. The company’s shares saw a remarkable jump of 8%, reaching record levels, after reporting a significant rise in Royal Enfield sales for the month. This surge is a reflection of the strong demand…
Shares of Jai Corp saw a significant drop of nearly 20% on Thursday, hitting Rs 248.4 on the National Stock Exchange (NSE). This decline follows the announcement that the company had sold a large industrial land parcel to Reliance Industries. The news sent shockwaves through the market, prompting investors to reassess the company’s future prospects….
Shares of Gujarat Toolroom experienced a remarkable 5% surge today, reaching the upper circuit limit at Rs 18.08 on the Bombay Stock Exchange (BSE). This rally follows the company’s announcement that it will consider a 5:1 bonus share issue at its upcoming board meeting scheduled for January 5, 2025. Gujarat Toolroom’s Bonus Share Proposal In…
As we commence the trading session on January 2, 2025, the Indian stock markets are poised for a cautious opening, influenced by mixed global cues and domestic indicators. Opening Indications Nifty 50 Analysis Analysts suggest that sustaining above 23,700 could lead the Nifty towards 23,900 and subsequently 24,000, marking critical resistance zones. Moneycontrol Bank Nifty…
Maruti Suzuki, India’s leading passenger vehicle manufacturer, has been performing exceptionally well, and Maruti Suzuki market share in 2024 is shaping up to be a year of continued success. The company recently recorded its best-ever monthly sales in December 2024, signaling a strong future for the brand. In this post, we’ll dive into the factors…
Factors Driving the Surge in IRCTC Share Price IRCTC share price has been witnessing a positive trend recently, reflecting the market’s growing confidence in the company’s performance. On the last trading day, IRCTC stock opened at ₹765.3 and closed at ₹769.8, indicating a modest increase in the stock price. Throughout the day, the stock reached…
Defence Ministry Declares 2025 as the ‘Year of Reforms’ The Defence Ministry has announced 2025 as the ‘Year of Reforms,’ aiming to modernize India’s armed forces and bolster defence capabilities. Defence Minister Rajnath Singh emphasized a strategic focus on emerging domains like cyber, space, Artificial Intelligence (AI), and Machine Learning (ML). The initiative seeks to…