JBM Auto Share Price Surge After Major MoU Announcement In a significant development, JBM Auto’s net profit surged 98.6% to Rs. 55.75 crore in the quarter ending June 2024, up from Rs. 28.07 crore the previous year. This impressive financial performance contributed to the rise in JBM Auto’s share price, which saw an uptick in…
Small-Cap IT Company Wins Major Contract in Karnataka A small-cap IT firm specializing in web application development, mobile app development, AI & ML development, ChatBot development, and product prototyping has secured a significant contract worth Rs 70 crore from Satra Services and Solutions Private Limited. This contract involves the computerization of Centrally Sponsored Primary Agricultural…
The broader market experienced positive buying interest, with the BSE Midcap and BSE Smallcap indices rising by 0.7% and 1.6%, respectively. Market Surge Following RBI’s GDP Forecast Sensex and Nifty saw significant gains, climbing nearly 2% around noon on June 7. This uptick came after the Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC)…
Market experts are predicting that PSU stocks, including banks, will remain in a consolidation phase until there is clarity on the government’s policies, given the recent election results that left the BJP government short of the halfway mark. This outcome has heightened market concerns about the potential uncertainty in government operations and policy-making. In early…
The Indian stock market experienced a significant boost around noon on June 3, with both the Nifty and Sensex indices rising over 3%. This surge followed exit polls on June 1, which predicted a decisive victory for the NDA government, sparking widespread buying across the board. Market Performance All 13 sectoral indices were in the…
Ahead of Lok Sabha Election Results, Ambareesh Baliga is Bullish on This Multibagger PSU Stock As India anticipates the outcome of the ongoing Lok Sabha elections due on June 4, investors are keenly looking for investment opportunities in the stock market. With headline indices Sensex and Nifty50 making volatile moves near their all-time highs, analysts…
Overview: As a category, small-cap mutual funds have been stellar performers over the past three years, outpacing many others with an impressive average return of 25.92%. The top 15 small-cap funds have delivered annual SIP returns (XIRR) of 30% or more, with Quant Small Cap, Nippon India Small Cap, and ITI Small Cap leading the…
Remedium Lifecare Limited has announced the issuance of bonus shares to its eligible shareholders, offering 3 bonus shares for every 1 share held. This is the second bonus share issuance within a year. Key Details: Issuance Ratio: 3 bonus shares for every 1 existing share.Record Date: July 6, 2024.Previous Issuance: On July 28, 2023, shares…
Stock Market Today: Both major indices showed slight gains as the trading session progressed on Tuesday, May 28. The Sensex rose by 101.91 points, reaching 75,492.41, while the Nifty50 climbed 33.2 points to 22,965.65, both up by 0.14 percent. Market Overview: Domestic equity benchmarks edged higher, tracking the performance of their Asian counterparts. At the…
Zoho, a prominent software firm, has made a strategic investment in Yali Aerospace, a drone technology startup based in Tamil Nadu. Sridhar Vembu, the co-founder and CEO of Zoho, announced this investment. Vembu wrote, “We are pleased to announce our investment in Yali Aerospace, a Thanjavur-based drone startup led by the husband-wife team of Dinesh…
