Union Transport Minister Nitin Gadkari has said that the Indian automobile industry ranks third globally, behind China and the United States, but the government aims to elevate it to the top position within the next five years. The Indian automobile industry’s market size is around Rs 22 lakh crore. China leads with Rs 47 lakh … Read more
KEC International is currently trading at Rs. 1050.00, up by 26.55 points or 2.59% from its previous closing of Rs. 1023.45 on the BSE. The scrip opened at Rs. 1052.00 and has touched a high and low of Rs. 1094.95 and Rs. 1048.00 respectively. So far 102958 shares were traded on the counter. The BSE … Read more
Suraksha Diagnostic Suraksha Diagnostic is coming out with a 100% book building; initial public offering (IPO) of 1,91,89,330 shares of Rs 2 each in a price band Rs 420-441 per equity share. Not more than 50% of the issue will be allocated to Qualified Institutional Buyers (QIBs), including 5% to the mutual funds. Further, … Read more
BEML is currently trading at Rs. 4270.00, up by 82.10 points or 1.96% from its previous closing of Rs. 4187.90 on the BSE. The scrip opened at Rs. 4201.00 and has touched a high and low of Rs. 4338.95 and Rs. 4185.80 respectively. So far 19033 shares were traded on the counter. The BSE group … Read more
Gold prices slipped on Thursday as the U.S. dollar strengthened, while investors assessed a flurry of economic data showing stalled inflation progress, suggesting the Federal Reserve might tread cautiously on further interest rate cuts. Spot gold fell 0.3% to $2,627.60 per ounce, as of 0302 GMT. U.S. gold futures shed 0.5% to $2,627.00. The dollar … Read more
Wardwizard Innovations & Mobility is currently trading at Rs. 43.98, up by 1.08 points or 2.52% from its previous closing of Rs. 42.90 on the BSE. The scrip opened at Rs. 43.20 and has touched a high and low of Rs. 44.57 and Rs. 43.10 respectively. So far 839827 shares were traded on the counter. … Read more
Central Bank of India is currently trading at Rs. 55.95, up by 3.62 points or 6.92% from its previous closing of Rs. 52.33 on the BSE. The scrip opened at Rs. 53.90 and has touched a high and low of Rs. 57.86 and Rs. 53.63 respectively. So far 1235886 shares were traded on the counter. … Read more
Riding on the government's production-linked incentive (PLI) scheme, Apple’s iPhone production in the country has reached $10 billion in the seven months of this fiscal (FY25), with $7 billion in exports alone which is a record, the Centre said on Monday. The tech giant manufactured/assembled $14 billion of iPhones in India last fiscal (FY24), with … Read more
Indian rupee strengthened marginally against the US dollar on Monday, driven by a firm trend in domestic equities and weakness in American currency. However, sustained foreign fund outflows along with elevated crude oil following heightened geopolitical tensions between western powers and major oil producers Russia and Iran, limited further gains in rupee. Foreign institutional investors … Read more
Ranked sixth among major economies in the share of generative AI (GenAI) startup ecosystems, India saw a six-times surge in investments in the sphere of GenAI (quarter-on-quarter) in the July-September period, a Nasscom report said on Monday. The investments were fuelled primarily by B2B platforms and productivity solutions. Total funding grew 3.4 times year-on-year, led … Read more