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Ambuja Cements a part of the Adani Group has announced its plans to acquire a 46.8 stake in Orient Cement for an equity value of ₹8,100 crore. The deal will be executed through the purchase of shares from Orient Cement’s promoters and select pub
With effect from November 20, the National Stock Exchange (NSE) changed the lot size of five futures and options (F&O) segments on October 18. The NSE said in a circular that the lot size of Bank Nifty has raised to 30 from 15 and that the lot si
Tech Mahindra, a leading IT services firm, announced its Q2 results, for the quarter ending 30th September 2024. The quarterly results show robust growth in profits and revenue. The company reported a consolidated net profit of ₹1,250 crores, a 153
Afcons Infrastructure Limited, incorporated in 1959, is a large infrastructure engineering and construction company of the Shapoorji Pallonji group. With over six decades of experience, the company has completed 76 projects across 15 countries as of
Kotak Mahindra Bank, a leading private sector lender, reported a 5 YoY rise in standalone profit after tax (PAT) to ₹3,344 crores for Q2 FY25, up from ₹3,191 crores last year. Net interest income (NII) grew by 11 to ₹7,020 crore. However, the
Summary Lakshya Powertech IPO has received an extraordinary response from investors, closing with a remarkable subscription of 573.36 times by 18th October 2024 at 5:15:59 PM (Day 3). The public issue witnessed overwhelming demand across all inves
Shares of food ordering site Zomato fell over 2 before a board meeting of the company on 22 October that would take up the issue of raising capital through qualified institutional placement. However, the amount of money that the company intends to r
The Mirae Asset Gold ETF Fund of Fund - Direct (G) is an open-ended fund that primarily invests in units of the Mirae Asset Gold ETF, providing investors with an easy and cost-effective way to gain exposure to gold as an asset class. This fund offers
Godavari Biorefineries Limited, incorporated in 1956, manufactures ethanol-based chemicals in India. As of June 30, 2024, the company operates an integrated biorefinery with a capacity of 570 KLPD for ethanol production. The company is the largest pr
Groww Gold ETF Fund of Funds (FOF) - Direct (G) is an investment product designed to offer investors exposure to gold by investing in units of Gold Exchange Traded Funds (ETFs). It allows investors to benefit from the performance of gold without the
The Bandhan Nifty 500 Momentum 50 Index Fund - Dir (G) is a passive investment scheme that aims to track the performance of the Nifty 500 Momentum 50 Index. This index selects 50 companies from the Nifty 500 based on their momentum, which refers to t
United Heat Transfers Limited, incorporated in January 1995, manufactures essential equipment such as heat exchangers, pressure vessels, and process flow skids. The company's products are used in petrol and diesel engines, maritime vessels, mining tr
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