In the ever-evolving landscape of investments and equity stakes, the recent shareholding pattern of VA Tech Wabag has captured considerable attention. The late investor Rakesh Jhunjhunwala, a notable figure in the Indian stock market, has left a significant mark through his wife’s continued involvement in the company. As we dive deeper into the shareholding dynamics ...
The stock market closed with gains on October 18, marking a significant rebound after three consecutive days of decline. The Nifty index surged by 104 points, closing above 24,850. Experts have indicated that the immediate resistance level for the Nifty is at 25,000. In this article, we will outline vital data points and insights to ...
In the financial landscape, companies often experience fluctuations in revenue and expenditure due to various market factors. Dalmia Bharat, a prominent player in the cement industry, has recently reported its financial results for the second quarter of the fiscal year. Understanding these results provides insights not only into the company’s performance but also into the ...
The recent Initial Public Offering (IPO) of SMPP has created a significant buzz in the investment community. This IPO involves a fresh issue of shares, and the proceeds will be channelled towards establishing an ammunition manufacturing facility for its subsidiary, SMPP Ammunition Private Limited. The robust demand for defense-related products and the need for self-reliance ...
Baiju Raveendran, the founder of Byju’s, has addressed ongoing discussions regarding his stay in Dubai. In recent years, Byju’s, a prominent edtech brand, faced numerous challenges that impacted its operations. In his first virtual press conference in four years, Raveendran clarified the misconceptions surrounding his move to Dubai, emphasizing the personal nature of his stay. ...
“`html Quarterly Earnings Updates Introduction As the quarterly earnings season approaches, investors and analysts closely monitor the performance of major corporations. On October 14, a host of companies are set to release their quarterly results, which could significantly impact their stock prices and overall market sentiment. In this article, we will delve into the key ...
Tata Consultancy Services (TCS) is one of India’s largest IT services firms, and its stock performance is closely observed by investors and analysts alike. According to filings with stock exchanges, Tata Sons held a significant stake in TCS as of the end of the June 2024 quarter, which has implications not only for the company ...
Ratan Tata, one of India’s most revered industrialists, is often celebrated for his business acumen and philanthropic endeavors. However, his personal life reveals a different narrative—one of unfulfilled love and marital solitude. Despite the whispers of romance in his life, Ratan Tata never walked down the aisle, marking a poignant contrast to his illustrious career. ...
Ratan Tata, the renowned 86-year-old industrialist and former chairman of Tata Sons, recently addressed concerns regarding his health. In a statement made on Monday, he assured the public that there was no need for alarm regarding his well-being. As he continues to prioritize his health due to his advanced age and related medical conditions, Tata ...
Garuda Construction and Engineering is set to launch its initial public offering (IPO), aiming to raise substantial capital through the issuance of new equity shares. With a price band set between 92 to 95 Indian Rupees per share, this IPO presents a significant opportunity for investors looking to participate in the growth of the construction ...