Gautam Adani stated We are proud to be India’s first das Hazari in the renewables space. With an operating portfolio of 10,934 megawatts (MW), Adani Green Energy is the first company in India to achieve the milestone of 10,000 MW of renewable energy. Gautam Adani responded to the news by expressing his pride in AGEL…
Adani Power experienced a 5% surge in its share price, reaching its upper circuit for the second consecutive session on Tuesday, April 2, despite a generally weak market. Starting at Rs 574.05, up 2.4% from its previous close of Rs 560.35, the stock swiftly climbed to Rs 588.35, hitting the upper price limit on the…
Russian: Due to their inability to reach a price and volume agreement, Rosneft and Indian Oil Corp have not renewed their oil supply agreement, which ended in March. As a result, India’s largest refiner has been forced to turn to spot markets, according to three people with knowledge of the situation who spoke on Monday….
SBI shares: In a captivating narrative of overlooked investments resurfacing, a family’s surprising revelation of long-forgotten State Bank of India (SBI) shares has captured attention on social media. Dr. Tanmay Motiwala, a user on platform X(Twitter), recounted the fascinating tale of his grandparents’ ₹500 investment in SBI shares three decades ago and its current substantial…
LIC share price: In the fiscal year 2024, the Life Insurance Corporation of India (LIC) experienced positive returns from a majority of stocks in its portfolio. Notably, data indicates that at least 85 stocks held by institutional investors saw a remarkable rally, with gains exceeding 100% throughout the year. Leading the pack with an impressive…
Hindustan Aeronautics share price: Today, shares of Hindustan Aeronautics Ltd (HAL) soared to an all-time high following the announcement that the aerospace and defense company had secured a contract with Cochin Shipyard Limited (CSL) in Kochi. The contract entails the supply of 6 sets of LM2500 gas turbines (GT) and GT Auxiliaries (GTAE), along with…
Ambani Adani’s Mahan Energen: Last week, two of India’s biggest conglomerates, Reliance Industries and the Adani Group’s power business, forged an agreement. This deal entails Reliance Industries (RIL) acquiring a 26 percent stake in Mahan Energen Limited (MEL), a subsidiary of Adani Power based in Madhya Pradesh. While the investment amount of Rs 50 crore…
Stock Market Updates: Amidst encouraging signals from global peers, equity benchmark indices got off to a solid start on the first trading day of the 2024–25 fiscal year. At 74,166, the S&P BSE Sensex was up more than 500 points. A test of the 22,500 levels was observed for the NSE Nifty 50. – Stock…
Kotak Mahindra Bank’s share price: Kotak Mahindra Bank has officially completed the acquisition of Sonata Finance Private Limited (“Sonata”), marking its full ownership of Sonata. The acquisition, which concluded today, involved a total consideration of approximately Rs. 537 crore. On March 28, at 1:33 pm on the BSE, Kotak Mahindra Bank’s stocks were trading positively,…
IRFC shares: Indian Railway Finance Corporation Ltd (IRFC) witnessed a consecutive decline in its shares during Thursday’s trading session. The stock experienced a 1.12% drop, reaching a daily low of Rs 141.30. This marks a decrease of 26.71% from its one-year peak of Rs 192.80, which was recorded on January 23 earlier this year. Despite…
