Indian IT stocks gained momentum on December 20, buoyed by Accenture's better-than-expected quarterly earnings and upgraded revenue guidance. Accenture's impressive first-quarter performance boosted investor sentiment, lifting American Depo
International brokerage firm Jefferies has initiated coverage on Sagility India, a business process management (BPM) company, with a bullish "Buy" rating and a target price of Rs 52 per share. This recommendation implies a probable potential upside f
Amara Raja Energy & Mobility Limited shares surged by 4.4% on Friday, hitting an intraday high of ₹1,273.75 on the BSE. The rise followed the announcement of a strategic partnership with Hyundai Motor India Limited to integrate Amaron’s Made-
Shares of MTAR Technologies surged nearly 6% on December 20, driven by the company's announcement of ₹226 crore in new order wins across its clean energy and aerospace segments. The company secured ₹191 crore worth of orders from Bloom Energy in
SEBI (Securities and Exchange Board of India) has unveiled an ambitious plan to open up algorithmic trading (algo trading) to retail investors in a safer, more regulated environment. With the number of retail investors in India reaching nearly 10 cro
In a mixed day for the Indian stock markets, the BSE Sensex and NSE Nifty both registered notable declines, with certain sectors, like the Capital Goods index, seeing considerable drops. Among the key news from the stock market today, IRCON Internati
In a strategic move to enhance its capital base and fund inorganic growth, Zaggle Prepaid, a leading fintech firm, has announced a Qualified Institutional Placement (QIP) with an issue size of ₹450 crore and an upsize option of up to ₹750 crore.
ABB India has finalized an agreement to acquire the power electronics business of Gamesa Electric in Spain, a division of Siemens Gamesa. This strategic move enhances ABB’s capabilities in high-powered renewable power conversion technology. I
Punjab & Sind Bank has successfully secured ₹3,000 crore through the issuance of its inaugural infrastructure bonds, significantly enhancing its capacity for infrastructure lending. Invest in Indian Markets and Unlock Future Potential Wit
Lupin, the Mumbai-based pharmaceutical giant, has announced that it has received approval from the United States Food and Drug Administration (U.S. FDA) for its Abbreviated New Drug Application (ANDA) for Emtricitabine and Tenofovir Alafenamide Table
The Securities and Exchange Board of India (SEBI) approved several significant measures in its latest board meeting to strengthen investor protection and improve market transparency. These include stricter rules for small and medium enterprise (SME)
Mamata Machinery Limited's initial public offering (IPO) has garnered significant interest ahead of its listing. The company, known for manufacturing packaging machinery and extrusion coating lamination equipment, opened its IPO for subscription rece
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