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Moneylife Digital Team 11 September 2024
PN Gadgil Jewellers (PN Gadgil) is the second most well-known organised jewellery company in Maharashtra. It has a history that goes back to 1832. Through its 39 stores in 21 cities in Maharashtra and Goa and one store in US, it sells gold, silver, platinum and diamond jewellery. Plans to open...

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Moneylife Digital Team 11 September 2024
The stainless steel (SS) industry is affected by dumping from China. The raw material used in makings stainless, i.e., nickel, rose sharply in the first five months of this year which has resulted in lower margins for SS companies. There is no demand issue because the major customers are...

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Moneylife Digital Team 10 September 2024
Tolins Tyres Ltd (Tolins) is one of the leading players in the rubber and tyres industry with a nationwide presence and a diverse product range. It operates in both verticals – manufacturing new tyres and tread rubber. The company has established itself as a major tyre retreading...

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Moneylife Digital Team 10 September 2024
On Tuesday, 2586 stocks advanced, 1352 declined and 104 remained unchanged, on the Bombay Stock Exchange (BSE) with an advance decline ratio of 1.91 indicating positive closing of stocks in broader markets. The trend of the major indices on Tuesday’s trading is given in the table below.  

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Moneylife Digital Team 10 September 2024
Kross Ltd (Kross) is focused on manufacturing and supply of trailer axle and suspension assembly, along with forged and precision-machined, high-performance safety-critical parts for medium and heavy commercial vehicles (M&HCV) and farm equipment. Kross specialises in manufacturing...

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Moneylife Digital Team 09 September 2024
On Monday, 1650 stocks advanced, 2390 declined and 141 remained unchanged, with an advance decline ratio of 0.69 on the Bombay Stock Exchange (BSE), indicating negative closing of stocks in broader markets. The trend of the major indices on Monday’s trading is given in the table below.  

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Moneylife Digital Team 09 September 2024
Bajaj Housing Finance Ltd (Bajaj Housing) is a non-deposit-taking housing finance company (HFC) registered with the National Housing Bank (NHB) since 24 September  2015 and has been engaged in mortgage lending since FY17-18. It was identified and categorised as an ‘upper layer’ NBFC...

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Moneylife Digital Team 09 September 2024
Sterling & Wilson Renewable Energy (SWRE) is one of the largest global solar engineering-procurement-construction (EPC) companies, with a track record of commissioning 256 contracted solar power projects, and a leading solar operation & maintenance (O&M) player with a presence in 29 countries...

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Moneylife Digital Team 06 September 2024
INDIAN MARKET TRENDS From 30th August to 5 September 2024, ML Small-cap Index, ML Large-cap Index and ML Mid-cap Index rose 1% each. ML Micro-cap Index, ML Mega-cap Index, the Sensex and the NIFTY ended flat.                                                     FUND FLOWS Foreigners:...

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Moneylife Digital Team 06 September 2024
The trends of the major indices in the course of the week's trading are given in the table below:     Indian equity markets experienced a significant downturn on Friday, ending a period of robust performance. The BSE Sensex fell by 1,017.23 points or 1.24% to close at 81,183.93, while the...

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Moneylife Digital Team 05 September 2024
In a significant ruling on 3 September 2024, the Bombay High Court allowed petitioner Aruna Vinod Modi to amend her writ petition seeking details of the exemption granted by the market regulator to ICICI Bank from making an open offer in the merger and consequent delisting of ICICI Securities....

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Moneylife Digital Team 05 September 2024
On Thursday, 2255 stocks advanced, 1675 declined and 108 remained unchanged, with an advance decline ratio 1.34 on the Bombay Stock Exchange (BSE), indicating positive closing of stocks in broader markets. The trend of the major indices on Thursday’s trading is given in the table below.  

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Moneylife Digital Team 05 September 2024
This company has an established position in the healthcare sector and significant brand equity. It has a geographically diversified with strong presence in Karnataka and east India, as well as operates in diversified operational specialities ranging from cardiac-care and renal sciences to...

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Moneylife Digital Team 05 September 2024
Globally, there are only four players producing quartz sinks with Schock technology of Germany. Around 80%-85% of the industry makes use of stainless steel (SS) and only 8%-10% use quartz. The global kitchen sinks market is projected to grow from US$3.2bn (billion) in 2022 to US$4.50bn by 2030,...

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Moneylife Digital Team 04 September 2024
On Wednesday, 1910 stocks advanced, 2043 declined and 94 remained unchanged, on the Bombay Stock Exchange (BSE) with an advance decline ratio of 0.79, indicating negative closing of stocks in broader markets. The trend of the major indices on Wednesday’s trading is given in the table...

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Moneylife Digital Team 04 September 2024
Shree Tirupati Balajee Agro Trading Company Ltd (Shree Tirupati) is engaged in the business of manufacturing and selling flexible intermediate bulk containers (FIBCs)—large flexible bags—and other industrial packaging products such as woven sacks, woven fabric, narrow fabric and tapes in the...

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Moneylife Digital Team 04 September 2024
Inox Green Energy Services (Inox GES) was incorporated in 2012. It is a subsidiary of Inox Wind Limited (IWL), a publicly-listed company that is part of the Inox GFL group. Inox GES is a leading provider of comprehensive operation & maintenance (O&M) solutions for wind turbine generators (WTGs)...

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Moneylife Digital Team 04 September 2024
Genus Power (Genus) has two business divisions: metering division and engineering construction & contracts division, offering solutions to the power sector. Genus, as a dominant player in the Indian electricity metering industry, is in the position to capitalise on the sector’s growth...

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Moneylife Digital Team 04 September 2024
It is a packaging company in the domestic industrial polymer packaging sector, commanding a 60% market share. It holds the title of the largest global manufacturer of large-size plastic drums and ranks as the second-largest producer of composite cylinders and as the third-largest manufacturer...

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Moneylife Digital Team 03 September 2024
The end-user industry base for steel processing is well-diversified and includes players from various segments, such as automotives and trucks, heavy commercial vehicles, agriculture machinery, equipment, valves, fittings, petrochemicals applications, hardware, off-road, railway equipment,...

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