Following the March sales data release and the rise in the order backlog, Ola Electric’s stock price increased by 2%. Despite this rise, the stock trades 66% behind its record-high levels. On Tuesday, April 1, Ola Electric Mobility’s stock increased by about 2% after the company’s March sales figures and registration backlog update were made…
Following acquiring five contracts totaling ₹762.56 crore for the Kavach system over 413 stations, HBL Power Systems’ stock increased 10.3% to ₹520.65. With contracts just obtained totaling ₹2,182.84 crore, this is the third order victory in March. Following several orders from Central Railway, HBL Systems, a primary battery and systems industry participant, saw its shares…
On Sunday, the Bombay Stock Exchange declared that its directors had approved the issuance of bonus equity shares. The Indian stock market announced a 2:1 bonus issue. The company’s stock increased more than 17% during the past two trading sessions due to the excitement around BSE bonus shares. On Friday, BSE shares closed at Rs…
After the government converted ₹36,950 crore in debt into equity, increasing its shareholding to 48.99%, Vodafone Idea’s share price soared. Citi expects this action to improve cash flow and facilitate debt collection. The price of Vodafone Idea’s shares surged up to 20% on Tuesday to ₹8.15 per on the NSE, as the government is expected…
On March 28, Hindustan Aeronautics Ltd. declared it had inked two agreements with the Ministry of Defense to provide the Indian Army with light combat helicopters. Following receiving new orders totaling ₹62,700 crore from the Ministry of Defence, the share price of Hindustan Aeronautics Ltd. (HAL) increased by more than 7% in early trading on…
With ₹3,055 crore on Monday, ₹7,470 crore on Friday, and ₹3,239 crore on Thursday, FPIs continued to be net purchasers throughout the past three trading sessions, increasing the three-day cumulative gain to ₹13,746 crore. Why are FPIs Returning to Dalal Street? In March, foreign investors changed their approach to the world’s fifth-largest market, slowing their…
Corporate Radar: Several corporate measures, including record dates for dividends, bonus shares, and share splits, will keep several equities in the spotlight throughout the following week. It is anticipated that as the record dates draw near, interest in the shares of Railtel Corporation of India Ltd. and eleven other firms will increase. The record date…
Ahead of the Reserve Bank of Australia’s (RBA) interest rate announcement this week, Australian markets slumped on Monday, with bank and mining firms suffering the most. As of 2341 GMT, the S&P/ASX 200 index is down 1.4% to 7,783.2 points during the previous week. The benchmark is expected to finish the month 2.3% down, marking…
Eid-ul-Fitr Closed the Indian Stock Market Today: According to holiday calendars, the Indian stock market will be closed on March 31 for Eid-ul-Fitr, and trading will be stopped on the NSE and BSE. In honor of Eid-ul-Fitr, the Indian market is closed on Monday, March 31. On Monday, trading on both leading stock exchanges will…
On Friday, HAL stock increased by about 1% to settle at ₹4,179.90 on the NSE. Over the last five years, the multi-bagger stock has risen by 1,491.86%, providing substantial profits. Following the company’s announcement on March 28 that it had signed two contracts with the Ministry of Defence, the share price of Hindustan Aeronautics Limited…