Order of Rs. 404 crore from East Coast Railway, 4% climbed Railway PSU company share

Order of ₹ 404 crore from East Coast Railway, 4% climbed Railway PSU company share

Rvnl share price today: Government PAUC Company Rail Development Corporation (RVNL) shares jumped up to 4% in early trade on Wednesday (5 February). RVNL shares jumped 4.04 percent to Rs 416.30 on the National Stock Exchange (NSE). This boom in RVNL shares came after the announcement of the company getting a ‘letter of acadens’ of … Read more

Stocks to watch: from Swiggy to Tata Power, NLC India, Global Health and RVNL, these stocks can look today action

Stocks to watch: from Swiggy to Tata Power, NLC India, Global Health and RVNL, these stocks can look today action

Stocks to watch today: Domestic stock markets can open with positive start on Wednesday (February 5). At 7:40 am, the Gift Nifty Future was trading at 23,840 by climbing 52 points. The major benchmark index BSE Sensex and Nifty climbed around 2% on Tuesday. This is the biggest one -day rally of both benchmarks in … Read more

One month big bounce in markets

One month big bounce in markets

The benchmark indices bounced like most Asian markets today. Investors welcomed a 30 -day ban on business charges against Canada and Mexico. The Sensex closed at 78,584 with a gain of 1.8 per cent i.e. 1,397 points, while the Nifty ranked at 23,739 with a rise of 378 points. This increase for both indices is … Read more

SEBI strictness on Elgo Trading

SEBI strictness on Elgo Trading

The Securities and Exchange Board of India (SEBI) has made a panel providing algorithms (Elgo) trading with stock exchanges. It has also defined the rules for using the Application Programming Interface (API). The aim of the new rules is to remove regulatory flaws and increase the safety of investors. Algo trading is already in circulation … Read more

IPO approval to 8 firms including defense company SMPP, Brigade Hotel

IPO approval to 8 firms including defense company SMPP, Brigade Hotel

Eight firms, including the defense equipment manufacturer SMPP, Brigade Hotel and PVC Blend -based construction materials, Kumar Arch Tech, have been jointly approved by SEBI to raise more than Rs 6,500 crore through the initial public issue (IPO) through the initial public issue (IPO). . Other companies that SEBI have approved to introduce IPOs include … Read more

Companies are turning to mutual funds to raise the amount of acquisition deals

Companies are turning to mutual funds to raise the amount of acquisition deals

Companies are faster towards mutual funds with the aim of raising money for their merger-acquired deal as banks have to face all the restrictions in lending for such deals. According to market participants, mutual funds have helped in providing funds for all deals such as Mainkind Pharma acquisition of Bharat Serums and Vaccines, acquisition of … Read more

23% decline in benefits of Asian Paints, 49% increase in profits of Infibeim Avenuse

23% decline in benefits of Asian Paints, 49% increase in profits of Infibeim Avenuse

The net profit of Asian Paints has declined by 23.3 percent during the quarter ended December. The profit of the country’s largest paint manufacturer company declined to Rs 1,110 crore. However, its decorative paint business (India) volume increased by 1.6 percent. The company said in its release that its net sales were Rs 8,522 crore … Read more