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JSW Steel and Hindalco Industries are vying for control of two copper mines located in Jharkhand. The auction is scheduled for October. The goal of Hindustan Copper is to decrease imports and increase copper production. While the other mine has been
According to Adani Wilmar, the Food & FMCG category had a 36% YoY revenue growth, driven by higher outlet penetration and recurring sales of our food items. Following the release of its business update for the September quarter, which showed d
The possible acquisition of HeidelbergCement India is anticipated to result in a substantial increase in Ambuja's production capacity from its present level of 89 million tonnes, as the Adani group company aims to reach 140 million tonnes by 2028.
On October 4, HDFC Bank's shares saw a little increase in value following the announcement that the bank's loans grew more slowly in the second quarter of its fiscal year. Gross advances, or loans approved and disbursed, for the Mumbai-based bank inc
According to person’s familiar with the IPO situation, Hyundai Motor India Ltd.'s $3 billion IPO is expected to open for subscription on October 15 and its price range will be revealed by the middle of next week. This is the largest share sale of i
After Mahindra & Mahindra (M&M) recorded 1.76 lakh orders for the Thar ROXX in only 60 minutes—the largest first-day bookings for any vehicle in the company's history—brokers Investec, Nomura, and Morgan Stanley reaffirmed their positive
A substantial investment in the firm has been made by Rakesh Gangwal, a director of Southwest Airlines Co LUV, who has purchased 3.6 million shares, valued at more than $100 million. Elliott Investment Management, an activist investor, is putting inc
Marico, a player in consumer staples, anticipates double-digit revenue growth this year because to improved pricing and rural demand. Brokers maintained their positive outlook on Parachute Hair Oil, stating that the company's recently released Septem
Following SEBI's announcement of new measures to tighten index derivatives, which are projected to affect about 35 % of premiums and move the focus to participant conduct following implementation, shares of brokerage businesses experienced a decline
Early trading on October 3 saw a 1-3 % increase in the shares of steelmakers JSW Steel, Tata Steel, and Jindal Steel and Power due to positive outlooks for the industry provided by a few international brokerages. Nifty Metal, which gained 0.6 %, was
Vodafone Idea Ltd stock fell by more than 33% in September, the steepest fall in a period since October 2019. The market capitalisation of the company dropped over ₹34,000 crore during the month. The stock had slipped to ₹10.36 per share by 30 Se
Shares in Zen Technologies Ltd surged on October 1 after the company said it received an Annual Maintenance Contract (AMC) of ₹46 crore, including 18% GST, from the Ministry of Defence for its simulators. Zen Tech stock was trading 0.5% higher a
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