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Tycoon Dinesh Thakkar buys India’s most expensive known single residential unit for ₹711 crore — Check all we know
Dinesh Thakkar, founder of one of India’s biggest retail stockbrokers, Angel One, has bought a luxury residential tower in Mumbai for ₹711 crore, marking the most expensive known purchase of a single residential unit in the country, as per Bloomberg.
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IOC, BPCL, or HPCL: Which Oil Company Might Pay the Biggest Price for Russian Crude
Indian oil refiners are in focus as the US steps up pressure on buyers of Russian crude. The latest sanctions could allow tariffs of up to 100 percent on major buyers, raising concerns over crude procurement costs and the earnings of Indian oil marketing companies. While no direct ban or tariff has been imposed yet,…
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Solex Energy In Focus After Announcing ₹4,000 Crore Capex Plan & ₹4,500 Cr Revenue Target
The renewable energy market in India is going beyond the manufacture of solar modules as the need for domestic supply chains increases and demand for better efficient solar cells and energy storage rises. Companies are keen to include stages in the entire renewable energy value chain to control costs, quality, and supply. The share price…
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Borosil Renewables In Focus After Revising Expansion Capex To ₹1,100 Crore & Delaying Timeline
India’s largest solar glass manufacturer, has pushed out the commissioning timeline on its Gujarat furnace expansion beyond what was originally announced. The company points to disruptions from an ongoing overseas conflict as the reason behind both the delay and a higher project cost. Alongside the revised schedule, the board has also reviewed a newly notified…
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5 money lessons from Smriti Mandhana’s record-breaking cricket career: Diversification, consistency and more
Smriti Mandhana’s cricket career leaves a lot to learn for investors. Here are 5 money lessons from her record-breaking journey.
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Vijay Kedia Stocks Trading at a Discount of Up to 50% From Their 52-Week Highs to Keep an Eye On
Vijay Kedia is a well-known Indian investor and stock market veteran, recognised for his long-term investment approach and ability to identify promising businesses with strong growth potential. He began investing in the stock market at the age of 19 and later founded Kedia Securities in 1992. Kedia is known for his SMILE investment philosophy, ‘Small…
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Cranex In Focus After Securing Orders Worth ₹7.18 Crore For Cranes & Material Handling Systems
The requirement for the use of heavy machinery and material-handling equipment directly relates to the growth of infrastructure, power generation facilities, and large engineering projects being undertaken. Cranes and lifting machines are essential in moving heavy equipment and materials in construction sites, power plants, and production facilities. The share price of Cranex Ltd closed at…
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Adroit Industries IPO Opens Tomorrow; 7 Key Points Investors Need to Know Before Applying
Adroit Industries (India) Limited is launching its Initial Public Offering (IPO) to raise funds for capital expenditure at its manufacturing facilities, investment in its subsidiary, repayment of borrowings, and general corporate purposes. The IPO totals up to Rs. 150.71 crore, which includes the fresh offer of 98.97 lakh equity shares for Rs. 132.62 crore and…
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Engineers India among 7 small-cap stocks that hit 52-week highs and rallied up to 25% in a month
Seven stocks from the BSE 250 Smallcap Index hit fresh 52-week highs despite the Sensex falling 329 points on Tuesday. Engineers India led one-month gains at 24%, followed by Syrma SGS Technology, Welspun Corp, Welspun Living and Acme Solar Holdings.
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Rites Stock In Focus After Electrification Project Cost Revised To ₹154.65 Crore
India’s state-run engineering and consultancy firms occupy an unusual niche: they don’t compete for every project on price the way private contractors do, they’re often simply asked to keep managing work they’ve already been trusted with, sometimes for years, as the scope and cost of that work evolves. Project Management Consultancy contracts, in particular, tend…