NSE: MEDPLUS:Rs.744.90 (+0.42%) at 3.30 pm on day 25-Nov-2024 SBI Mutual Fund Reduces Stake in MedPlus Health Services Limited In a recent development, SBI Mutual Fund has decreased its shareholding in MedPlus Health Services Limited, one of India’s leading pharmacy retail chains. According to a disclosure dated November 21, 2024, this reduction follows a market…
G R Infraprojects G R Infraprojects Secures Two Major Highway Projects in Karnataka G R Infraprojects Limited (GRIL), a leading player in infrastructure development, has announced the appointment dates for two significant highway projects in Karnataka, India. These projects, awarded under the Hybrid Annuity Mode (HAM), mark a significant step in enhancing the road network…
The paint industry is currently under significant pressure, facing both internal challenges and external factors. Let’s break down the reasons behind this tough time and explore the key dynamics reshaping the sector. Pressure Points for the Paint Industry Market Performance:Stocks in the paint sector, including Asian Paints, have struggled, breaking key support levels. This decline…
In the past, we witnessed how political alliances influenced the stock market. For example, during the previous elections, when the BJP formed a government with Chandrababu Naidu, stocks like Heritage Foods experienced significant movement in the market. Now, with the BJP securing a majority in Maharashtra’s recent elections, it’s worth examining which stocks could potentially…
Quick commerce is becoming the latest trend among major players in India. Initially pioneered by Swiggy and Zomato, the concept is now being embraced by giants like Reliance Retail and Myntra. Myntra, known for its dominance in the fashion category, is testing the waters of quick commerce through a pilot project named M-Now. The service…
If you’re curious about what’s going on in the world of business, money, and global events this week, here’s a super easy-to-follow guide. You don’t need to be a financial whiz to understand—just take a peek at the key happenings! 1. Company Results: This week, some big companies will share their Q2 (quarterly) performance results….
Today, the election results for Maharashtra were announced, and their impact on the stock market on Monday remains to be seen. Typically, markets react positively when the same party holds power at both the state and central levels. Maharashtra is particularly significant as Mumbai, the financial capital of India, is located here, and the state…
The weekly performance rankings of various Indian sector indices over a period of time. Based on this data, here are some suggestions for analysis or reporting: Key Takeaways for Analysis: Top-Performing Sectors: Identify sectors like FMCG, IT, Pharma, and Bank that consistently rank high in performance across multiple weeks. Highlight any sector that dominated performance…
ICICI Lombard General Insurance is one of India’s leading private-sector non-life insurance companies. Established in 2001, it offers a comprehensive range of general insurance products, including motor, health, travel, home, and commercial insurance. ICICI Lombard General Insurance Company Limited’s Acquisition of Shares in HDFC Life Insurance Company Limited Acquisition Details: Target Entity: HDFC Life Insurance…
National Fertilizers Limited (NFL), India’s leading urea producer, is poised to start manufacturing nano urea at its Nangal plant. Leveraging advanced nanotechnology, the company plans to produce 1.5 lakh bottles (500 ml each) daily. This marks a significant step in NFL’s diversification into innovative fertilizers tailored to India’s agricultural needs. Key Benefits of Nano Urea…