HFCL subsidiary: According to HFCL, the size of the global surveillance radar market is expected to increase from its current $6.87 billion annual value to $12 billion by 2030. On December 15, HFCL announced the creation of novel radar technology via its subsidiary. In response to the announcement, the company’s shares closed on December 15…
Multibagger IPOs in 2023: With the new year 2024 only a fortnight away, it is critical to examine your portfolio and the type of return you have received from various asset investments. For an equity investor, 2023 could be a memorable year because all of its indices are at record highs and have been consistently…
JM Financial: Compared to the Nifty 50, which has increased by more than 16 percent over the same period, JM Financial shares have increased by 32 percent so far this year. On December 15, JM Financial’s stock price increased by 10% as a result of a management transition and the distribution of equity shares that…
Ritesh Agarwal, the founder and CEO of travel-tech platform OYO, has announced the opening of five healthcare centers in Odisha over the next year. The centers will be run by ‘Last Mile Care,’ a health-tech startup that already operates 11 health centers in India. As we navigate the ever-changing healthcare landscape, collaboration among healthcare providers,…
Current state of the stock market: Indian Railway Catering and Tourism Corporation, or IRCTC, share price finally reached a new 52-week high of ₹799.95 apiece on NSE during morning deals today, extending the bull trend for the fourth straight session. After correcting from its opening price and making an intraday low of ₹785.50 per share,…
InterGlobe Aviation, IndiGo Airlines’ parent company, is experiencing a significant upward trend in its stock price, marking the longest winning streak since it was listed in November 2015. The stock has been on an upward trend for the twelfth consecutive day as of December 13, setting a new record for continuous gains, surpassing its previous…
IRCTC share price: After closing at ₹749.55 on Friday, shares of Indian Railway Catering and Tourism Corporation opened higher on Monday at ₹750.65. Within minutes of the morning session today, the stock touched an intraday high of ₹766.55. At midday, the stock was up almost 2 percent, trading in the green at ₹760. During Friday’s…
Adani Infrastructure: Bimal Dayal, the head of Adani Energy Solutions’ transmission business, has been named CEO of Adani Infrastructure India. According to PTI, this decision has been approved by AESL’s board of directors. Adani Energy Solutions Ltd (AESL) stated in an official statement that Dayal will oversee the implementation of Adani Infrastructure India’s pipeline of…
U.S. jobs data for further Fed indications see unchanged gold prices. As investors refrained from placing large wagers ahead of this week’s pivotal U.S. payrolls data, which may provide additional hints regarding the Federal Reserve’s interest rate trajectory, gold prices remained unchanged on Thursday. By 0516 GMT, spot gold remained steady at $2,025.69 an ounce….
Wall Street: With gains for four straight sessions, the S&P 500 recorded its largest one-day percentage gain since April. The three primary stock indexes on Wall Street surged almost 2 percent on Thursday, bolstered by positive quarterly financial reports and expectations that the U.S. Federal Reserve may have completed its rate-hiking campaign. The Fed held…
