The debutant has hit a high of Rs 769 so far, with volumes of around 21.2S million shares on the BSE and NSE in opening deals.
Posts in category Business Standard
Bharti Hexacom makes strong debut; lists at 32% premium over issue price (12-04-2024)
The debutant has hit a high of Rs 769 so far, with volumes of around 21.2S million shares on the BSE and NSE in opening deals.
Nibe hits the roof on Rs 307-cr order win (12-04-2024)
Nibe was locked in an upper circuit of 5% at Rs 1,519.35 after it announced that its subsidiary Karmayogi Manufacturing received purchase order from Ordefence System worth Rs 307 crore.
Revolt Motors inaugurates its first company-owned company-operated store in Delhi (12-04-2024)
The COCO store, spanning over 1800 Sq. ft., offers a visual delight for visitors, featuring Revolt’s flagship models, the RV400 and RV400 BRZ, providing enthusiasts with the opportunity to experience its stylish and ergonomic design firsthand. Beyond just a showroom, the store is equipped with a service centre to provide customers with necessary
support, ensuring a seamless ownership experience. Additionally, customers can opt for test rides at home, bringing convenience and flexibility to their journey with Revolt.
Revolt Motors inaugurates its first company-owned company-operated store in Delhi (12-04-2024)
The COCO store, spanning over 1800 Sq. ft., offers a visual delight for visitors, featuring Revolt’s flagship models, the RV400 and RV400 BRZ, providing enthusiasts with the opportunity to experience its stylish and ergonomic design firsthand. Beyond just a showroom, the store is equipped with a service centre to provide customers with necessary
support, ensuring a seamless ownership experience. Additionally, customers can opt for test rides at home, bringing convenience and flexibility to their journey with Revolt.
Capital Goods shares rise (12-04-2024)
Capital Goods stocks were trading with gains, with the S&P BSE Capital Goods index rising 438.67 points or 0.7% at 62994.93 at 09:44 IST.
Power stocks rise (12-04-2024)
Power stocks were trading with gains, with the S&P BSE Power index increasing 46.48 points or 0.66% at 7128.2 at 09:44 IST.
Utilties shares gain (12-04-2024)
Utilties stocks were trading in the positive zone, with the S&P BSE Utilities index rising 28.52 points or 0.49% at 5865.77 at 09:44 IST.
ADB raises India’s GDP growth forecast for FY25 to 7% (12-04-2024)
The Asian Development Bank (ADB) on Thursday raised India’s GDP growth forecast for the current fiscal to 7 per cent, from 6.7 per cent earlier, saying the robust growth will be driven by public and private sector investment and improvement in consumer demand. In its April edition of the Asian Development Outlook, ADB said India would remain “a major growth engine” in the Asia and Pacific region. For the 2025-26 fiscal, ADB has projected India’s growth at 7.2 per cent. The economy grew robustly in fiscal 2023 with strong momentum in manufacturing and services, the Bank stated. It will continue to grow rapidly over the forecast horizon. Growth will be driven primarily by robust investment demand and improving consumption demand. Inflation will continue its downward trend in tandem with global trends. To boost exports in the medium term, India needs greater integration into global value chains, ADB further noted.
ADB raises India’s GDP growth forecast for FY25 to 7% (12-04-2024)
The Asian Development Bank (ADB) on Thursday raised India’s GDP growth forecast for the current fiscal to 7 per cent, from 6.7 per cent earlier, saying the robust growth will be driven by public and private sector investment and improvement in consumer demand. In its April edition of the Asian Development Outlook, ADB said India would remain “a major growth engine” in the Asia and Pacific region. For the 2025-26 fiscal, ADB has projected India’s growth at 7.2 per cent. The economy grew robustly in fiscal 2023 with strong momentum in manufacturing and services, the Bank stated. It will continue to grow rapidly over the forecast horizon. Growth will be driven primarily by robust investment demand and improving consumption demand. Inflation will continue its downward trend in tandem with global trends. To boost exports in the medium term, India needs greater integration into global value chains, ADB further noted.