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Latest News Reliance Industries : Jio Financial services shares will be credited to the demat account, for the eligible share holders. Indus Tower : It deployed 2,00,000+ macro Tele com-tower across 22 states of India. Barat Net : The government has approved Rs 1.39 Lakh Crore project  for developing and modernizing  Barat Net. This project involves providing fiber connection data cables  to 6.40lakh villages in the next 2.5 years Apraava Energy : It signed a Memorandum Of understanding (MOU)  to providing the fund of Rs 9,120 crore (1.1 Billion Dollars) for their wind turbine project, Transmission and Advanced metering infrastructure works. This fund was sanctioned by Rural electrification corporation ( REC ) and Power Finance Corporation ( PFC ).         This MOU was signed during the Green Finance summit . It was conjunction with Clean Energy Ministerial (CEM) and Energy transition Working group (ETWG). This summit took pla...

Stock News

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Latest News Bajaj Finance : It is an India's leading Non-Banking finance Corporation ( NBFC ), it set a record over Rs 50,000 crore in fixed deposits on July,2023 . This makes Bajaj Finance is a Country's largest deposit NBFC.  New IPO : TVS supply chain solution going to launch the IPO. The bidding date is open from 10 August to 14 August 2023. The issue size of the IPO is 880 crore. The listing price of a share is around Rs 187 to Rs 197 and the lot size is 76. HCL Technology : It signed a Strategic global deal with Verizon Business for providing network services to its global enterprise customers for the next six years . This contract is worth of  Rs 17,404 crore (2.1 Billion Dollars).  Idea Forge Technology Ltd . It informed that the company has received an Order from Ministry of defense , for the supply of Surveillance Quadcopters with accessories. This order is worth of Rs 88.06 crore (exclusive of GST). This drones are used for Mapping, Security and Surv...

Stock News

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Latest News Genus Power Infra: It informed that its subsidiary had secure an order worth of Rs 2,209 crore for the supply and installation of 21.76 Lakh smart pre-paid electricity meters. Piramal Group's : In fragrance & flavor (F&F) sector, it invest Rs 225 crore ($27 million) in Harmony Organics Pvt. Ltd . It is a Pune-based chemical company. This funds are raised in a form of Convertible securities by Piramal Alternatives . Maruti Suzuki : It planning to introduce 6 new Electric vehicles in India.  National Hydroelectric Power Corporation : It planning to build ( 20,000 - 22,000 MW capacity) of pumped hydro energy storage project in upcoming years. This project are being explored in 4 states of India  like Odisha , Maharashtra, Madhya Pradesh and Andra Pradesh. Godrej Consumer product Ltd : In August 10,2023, It signed a Memorandum of Understanding (MOU) with Tamil Nadu Government to set-up a manufacturing plant in Chengalpattu District, with the investment o...

Stock News

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  Latest News power Finance Corporation :  In 11 August 2023, on the board meeting, the board members are consider for 1:1 bonus share for the equity share holders. Tata Power : It signed an agreement with the Maharashtra government to develop  2 pumped hydro power storage project. Bank's : Indian banks have written off, provided Rs 14.56 Lakh crore worth of bad loans in the last 9 financial year. Adani Green : The promoter ' Infinite trade and investment ' sold 2.7% shake of the company. On the other hand INQ holding , a fully-owned subsidiary of 'Qatar investment' brought 2.83% of the company stake. Hero Motor Corporation :  It has received over 25,000 booking for the latest Harley- Davidson X440.

Stock News

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  Latest News Dhaksha Unmanned System : It is a subsidiary company of Coromandel International . It secured a contract worth of Rs 165 crore to supply 200 medium altitude logistics drones and their accessories to the Indian Army. Suryoday Small Finance : In August 2023, they increase the Senior Citizen fixed deposit rate up to 9.10% on a deposit time of over 2 to 3 years. To claim this offer we want to revised the fixed deposit account.  Bharti Airtel : It announced their new X-Stream air fiber device, a fixed wireless technology. It offered 5G internet wirelessly with the speed of 100Mbps . This Wi-Fi solution was introduced in Delhi and Mumbai. Tech Mahindra : It has appointed Mr. Atul Soneja as the New chief operating officer (COO) on 07.08.2023. He was worked as a COO in Citius Tech previously  Apraava Energy :  It has inked initial pacts with Rural electrification Corporation (REC) and power finance corporation (PFC) to get finance of Rs 9,120 crore (1.1...

Likhita Infrastructure

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History          It was founded  in 1998 by Mr. Srinivasa Rao Gaddi Patti. He is the founder and managing director of the company. It lays India's 1st transnational Hydrocarbon pipeline project between India and Nepal. It is a Debt free company. The headquarters located in Delhi, India. Projects           There projects are laying gas supply pipelines, Irrigation canals and building bridges.  Pipeline Infrastructure          It laid up to 1000+ Km for oil and gas pipelines across India.  City gas distribution (CGD) projects            It  laid high pressure gas steel and Medium density polyethylene pipelines. With the help of this pipelines they transport and distribute the natural gas to domestic, commercial, Industrial and transport sectors. Uses           This gases and oils pipelines are used for households, Hotels, Hosp...

Mishtann Foods

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History         It was found in February 1981 as a HICS cement Private Ltd . It was a cement manufacturing company till 2014. Later, the company share holder took over the company and change the business model and the company name into Mishtann Foods . It is an Agro- based company. Mr. Ashish Agarwal and Rajnish Pathak  are the managing director of the company. The headquarters located in Gujarat, Ahmedabad.  Products          It have 3 manufacturing facilities in India and there products are Rice, Wheat, Food grains and Salt. It  have the capacity of  producing 75 Metric tones per hour.  Brands          It has PRISTINO and SNOWFLAKE brands for Raw basmati rice. MAHABAT and SHAHRYAR for sella basmati rice. JACINTH and JASPER for steam basmati rice.          It has TOOR DAL for dal and BUTTON WHEAT for wheat.          It has rock ...

Stock News

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 Latest News Zomato : Finally it made a profit of 2 crores in this Q2 result. This results increase the share price to 10%. This share trade in the price of  Rs95. Mahindra & Mahindra : It has a pending order of 2.8 lakhs Mahindra SUV's. This model is in high demand so, the waiting period is expanded to 1 to 1.5 years. Concord Biotech : This company is going to launch the IPO. The bidding date is open from 04 August to 08 August 2023. The issue size of the IPO is 1,551 crores. The listing price of a share is around Rs705 to Rs741 and the lot size is 20. SBFC Finance : This bank is going to launch the IPO. The bidding date is open from 03 August to 07 August 2023. The issue size of the IPO is 1,025 crores. The listing price of a share is around Rs54 to Rs57and the lot size is 260.  Vedanta : It appoints Mr. John Slaven as a new CEO of this aluminum Business for the next 3.5 Years and designated him as a Senior Management Personnel. The company also elevated Mr. Stephe...

Stock News

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 Latest News Aditya Brila : It Acquired100% stake in 4 hotel sector.  The brand name are Hakkasan, Yauacha, Nara Thai and CinCin . This brands are in Mid-Market to Premium market segments.  Vedanta : Mr. Anil Agarwal, CEO of Twin star Holdings Ltd. He entity of Vedanta Ltd, So he announced to sell 4.3% stake in the Indian Mining company for 4,136 crores. This sell is for, to repay his company Debt.  Ashiana Housing : It opened his tender portal to participate in the Buy back. The opening date is 02 August and the closing date is  8 August 2023. After buy back, the approved shares are debited from your dement account and the amount will be credited in 7 to 15 days. MRF : It reached 52 weak high due to the excellent profit compare to Year on Year. This increase 4.27%(4384.15) in a day. This stock is  currently overvalued. Adani Ports : Adani makes an investment to expand the port capacity to handle vessel size of 8,000 DWT(Dead Weight Tonnage) in Sanghipuram,...

Stock News

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Latest News Piramal Enterprises :  It announced to buy back of 1.4 crore (5.87%) of shares for 1,750 crores. The nature of Buy back is Tender Offer. The record date is 25th august 2023. The buy back price for each share is Rs 1,250. Now this share trade in the price of Rs 1,011.75. Promoters are not allow in the buyback. Airtel : It pre pays Rs 8,024 crore for the development of telecom services. This money collected from deferred liabilities pertaining to spectrum acquired in the auction of the year 2015. Sail : It work a project with Power mech projects, for coal extract. This  awarded Rs 30,483 crore for Mine development and operation(MDO). Along with, PC Patel infra Ltd for development and operation of Tasra open cast project. It is located in Dhanbad of Jharkhand. Venus Remedies : It has received  a market authorization for its Key cancer drugs from Philippines, Paraguay, Georgia and Moldova. This company has secured 506 marketing approvals for its Oncology products ...

Future sectors to Grow-3

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  1.Artificial Intelligence(AI) and Machine learning : AI is already revolutionizing various industries, and its potential for growth is immense. AI- Powered technologies such as, Robotics, autonomous vehicle, virtual assistants and personalized healthcare are expected to grow  Tata Elxsi          The AI center of excellence (AI-COE) at Tata Elxis is designed to meet the growing demand for intelligent systems. They also produce semi-conductor chips for automotive and for electrical & electronics products. This chip have massive demand in future due to technological growth. NeXT billion  AI          It is an enterprise mapping platform. This company AI helps to business person to tracks their property like building, lands and commercial vehicles. It also provide E-commerce services. 2.Renewable Energy : As concerns about climate change continuous to grow, the demand for renewable energy sources such as so...

Stock News

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  Latest News ITC : It plan to demerge their hotel business from their FMGC and Tabaco sector because, their hotel business contribute only 2 %  from their overall profit but their expenditure on hotel business is 24%. This affect their overall profit statement. The demerge ratio of their hotel business is not announced yet. Adani Transmission : Gautham Adani announced to rename the Adani transmission to Adani Energy Solution Ltd. Vedanta : It plans to invest 4 billion dollars for display and semiconductor manufacturing factory in India. Zomato : It announced to dissolution of its subsidiary Zomato media (ZM) in Portugal on 22 nd July 2023. They also announced ZM Portugal is not a material subsidiary of the company so, this dissolution did not affect the revenue and profit of the company.   Samvardhana Motherson International : It plans to overseas a bond sales to raise over 500 million dollars for their company expansion and research & development process. ...

Stock News

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  Latest News Ashiana Housing Ltd : It invest Rs275 crores in Pune for developing senior citizen housing project with   the   join venture of Ashiana Amodh senior living. Samvardhana Mother son Ltd : MSSSL consolidated to invest 14 million USD in Orysm system on July 04th,2023. It is an indirect wholly owned subsidiary of  Samvardhana Motherson sumi system Ltd. Tata Steel : It plan to set up a new plant on united kingdom in 2024. It was in consent for past two to three years. Their is a delay due to  multiple government coming to power. Gail (India) : Likhitha infrastructure gave an order for Rs 235.50 crores for laying of cross- country pipeline from Salem to Coimbatore. This project is named as KKBMPL-II . This order included pipeline laying and composite works. 5G News : Airtel and Jio announced their 5G services are now available in more than 8,000 cities in India. 5G network is 30 to 40 times faster than 4G network.

Rajesh Export

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  History          It was founded in 1989 by  Rajesh Mehta and his brother Prashant Mehta. It is a Gold sector company.          In 1991 they established their first R&D facility for the jewellery sector.          In 1994 it emerged as the largest jewellery exporter of India.           In 1st February 1995 they launched the IPO for the company under the name of Rajesh Export . What did they Do?          They are in End to End jewellery Business. They have gold refiner, manufacture units and retailer of gold and diamond jewellery.          There refineries plants are in India and Switzerland. It exports to more than 60+ countries in the world..          It contribute 25% of  gold and diamond export in the world. Subsidiary         Valcambi is...

Stock News

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  Latest News Ashiana Housing Ltd .: It announced buy back on July 28 2023 at the price of  Rs301/- . Now this share trade in price of Rs 205/-. Indiamart Intermesh : It announced buy back at Rs4000/-. Now this share trade in the Price of  Rs3120/-. But they did not announced the record date. Rajesh Export : They fail to announce the June monthly result. This cause decline in the share price to 40%. Now this company share trade near to the book value. Rural electric Corporation : It provide Rs 3,045 crore to Bangalore rail corporation to develop phase -II project. Hindalco : It sell their Thane Kalwa land for 595 crore to Brila Estate to reduce the company Debt. 

Senco

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History          It is established in 1994 by Suvankar Sen.  He is the CEO & MD of the company. The brand name is Senco Gold & Diamonds. They have 70 company-operated showrooms and 61 franchisee. It spread over 102 cities and towns, in 13 states of India. Offers          They have a diverse range of Gold and Diamond jewellry, Silver, Platinum, Precious and Semi- precious Stone jewellry and other metals.            Their target consumers are teenagers of  India, through its Ever lite Collection, featuring light weight jewellry. The gossip brand offering Silver and fashion  jewellery. The Aham collection are specifically designed for Men's. The D' Signia and Vivaha collection offering Premium design.  Competitors          Tanishq, Kalyan and Thangamayil jewellery are the leading competitors in the gold-related sector.    Po...

NetWeb Tech India

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History         It was founded in 1999 by Sanjay Lodha . He is the present  CEO & MD  of the company. He is a Global Business director for Tuba coat, a subsidiary of Tebacex group, Spain. The company headquarters located in New Delhi. It is a High -end computing solution Provider company. It is one of the India original equipment manufacture . It production- linked incentive scheme under the IT hardware, Telecom service and networking for providing both private industry and Government of India. Offered          This company provide High- performance computing system, Private clouding, Hyper- converged infrastructure, AI (artificial Intelligent)system, enterprise workstation, High-performance storage solution, data center service and software service.          This company also offered a comprehensive range of products and solution. It encompassing the entire spectrum of designing, Develop...

Stock News

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  Latest News Reliance Industry : They planning to demerge the finance company from Reliance Industry. This business will be renamed as Jio financial service (JFSL). After, demerge this will be the 5th largest financier company in India. Suzlon Energy : It signed a project of 100.8 MW wind energy project for Ever renew Energy company. Sony : They introduce the new camera model Alpha 6700 with 26 MP paired with bionz xr processor. It work with artificial intelligent to detect real-Time tracking. Honda : They launched the new Dio 125. It was powered by 109.51CC BS6 engine with 7.56 Bhp and 9 NM of torque. The EX-Showroom is 86,160.00 to 94,060.00 Rupees. Bajaj Motors : They launched the New Triumph 400 and Scrambler 400x. It was powered by 398.15CC BS6 engine with 6 speed  gear box. 40 Bhp and 37.5 Nm Torque with dual ABS technology. It comes with Alloy and tube less tire.

Utkarsh Bank

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 History          It is founded in 2016 by Govind Singh in Varanasi. He is the CEO & MD of the bank. This bank comes under micro banking segment. Location          It presence in 26 states of India with 830 branches. The branches located in Andhra Pradesh, Assam, Bihar, Chandigarh, Chhattisgarh, Delhi, Goa, Gujarat, Haryana, Himachal Pradesh, Jammu Kashmir, Jharkhand, Karnataka, Tamil Nadu, Kerala, Madhya Pradesh, Maharashtra, Meghalaya, Orissa, Pondicherry, Punjab, Rajasthan, Telangana, Uttar Pradesh, Uttarakhand and West Bengal. Services          It provide personal &  Gold loans, deposit & savings accounts, and mutual fund Investment. It only provide loans for small & Short term. This bank did not provide credit cards. Strength          It holds 2 nd fastest growing bank in 2019 to 2022. It has 30 lakh  costumers all over India. The total deposit of ...

Stock News

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Latest News Wipro : Wipro plan to spend 1 billion dollars for the next generation Artificial Intelligent on WiproAI360 for next 3 years.  Aarti Industry : It demerge their Industrial chemical and Pharma based chemical company. The pharma chemical company named as Aarti Pharma labs. It listed the IPO on 30 January 2023.  Bharathi Airtel : It buy 20.6% stake in Lavelle Network on 11.07.2023 Now, they totally acquired 45.6% stake in Lavelle network. 3I Infotech : It get a contract from Bajaj electricals to manage Infrastructure service for End to End User, DC & Network service, Cloud management, Data base management, It application support and Rollout service for 18.74 crore in next 5 years + one time roll out service fees of 60 lakhs. Credent Global Finance : It approve 1:2 bonus share on 11.07.2023. The Record date of bonus share  is 17.07.2023. This share trade in the price of 150.00 on 12.07.2023.