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Adani Group is set to exit the edible oil business by selling its 43.94% stake in Adani Wilmar Ltd (AWL), a company that manufactures and markets food products under the ‘Fortune’ brand. The move comes as part of a strategic shift and will involve both a sale to its joint venture partner, Wilmar International, and…
RITES Limited, a prominent public sector enterprise under the Ministry of Railways, has seen a strong surge in its share price today, climbing by 9.5% to reach ₹292.50. This significant jump comes after a series of fluctuations in the stock price over the past month, and signals a positive shift in investor sentiment towards the…
On December 31, Indian information technology (IT) stocks faced significant losses, with major players such as Tata Consultancy Services (TCS), Infosys, and Tech Mahindra dropping 2-3%. The broader IT index was the worst-performing sector on the day, sliding over 2%. This drop in stock prices can be attributed to multiple factors, with the primary reason…
The stock price of ITI Ltd. has reached an all-time high, marking a significant milestone for the company. During early trading on Tuesday, ITI shares touched a peak of Rs 413.95, reflecting strong positive momentum in the market. However, by mid-morning, the stock settled at Rs 381.75 on the Bombay Stock Exchange (BSE), likely due…
Shares of Easy Trip Planners Ltd, also known as EaseMyTrip, saw a sharp decline of 10% during early trading today. The stock dropped to Rs 15.42 on the National Stock Exchange (NSE), a decline of 9.51%. In total, the stock saw a turnover of Rs 127.43 crore during the session. This decline came amid news…
Top Stocks to Watch Today LupinPharma giant Lupin has strengthened its diabetes care portfolio by acquiring Huminsulin in India from Eli Lilly. Lupin has already been marketing the Huminsulin range, which includes insulin human, through an existing agreement with Lilly India. Huminsulin helps manage blood sugar levels for both type 1 and type 2 diabetes…
Greaves Cotton share price has witnessed a significant rally recently, gaining 56% in just one month. This surge has caught the attention of investors, especially after ace investor Vijay Kedia made a strategic investment of Rs 25 crore in the company. On December 9, Kedia, through Kedia Securities Private Limited, bought 12 lakh shares of…
The pre-Budget consultation meeting held by Finance Minister Nirmala Sitharaman on December 30 has sparked a fresh wave of proposals aimed at bolstering India’s economic growth, especially in the stock market and MSME sectors. One of the key suggestions that emerged from the meeting, led by the PHD Chamber of Commerce & Industry (PHDCCI), was…
Happiest Minds Technologies Ltd. has made headlines today with an impressive 9.23% surge in its share price, reaching ₹700.20. This sudden rise in the Happiest Minds share price has captured the attention of both retail and institutional investors. As a key player in the technology sector, Happiest Minds is riding the wave of positive market…
DAM Capital Advisors made quite an impression when it debuted on the stock market with a remarkable listing gain on Friday. However, today (Monday, December 30, 2024), its share price experienced a sharp drop of over 7%. So, what caused this sudden dip, and is this something investors should be concerned about? What Happened to…