Suzuki Motor to invest ₹10,440 cr for local manufacturing of electric vehicles, batteries in Gujarat

Suzuki Motor to invest ₹10,440 cr for local manufacturing of electric vehicles, batteries in Gujarat

The share price of India’s leading car maker Maruti Suzuki India Limited was up by 3% at Rs 7938.69 on BSE during early trade today. Suzuki Motors has a majority stake in Maruti Suzuki. On March 20, Suzuki Motors said it would invest 150 billion yen (approximately Rs 10,440 crore) to increase the production capacity … Read more

US Fed hikes interest rate by 0.25% after more than 3 years and signals more hikes ahead

Stock Market: US Fed hikes interest rate by 0.25% after more than 3 years and signals more hikes ahead

The Federal Reserve raised interest rates on Wednesday for the first time since 2018. To control the 40-year high inflation level in the US, the US Fed announced an interest rate hike in its meeting on March 16. The US Fed decided to increase the interest rate by 25 basis points (0.25%) and Fed Chairman … Read more

FIIs sell-off 18615 cr and DIIs invest 12600 cr in Indian market amid Fed likely to hike rates

Share Price

Foreign Institution investors (FIIs) have consistently reduced their holdings in the Indian equity market in the last 6 months. This selling started in October 2021 when the markets were at their peak. The expectation of a hike in interest rate by the Fed due to inflation in the US, and rising valuations in the Indian … Read more

Netflix adds 8.3mn subscribers less than expected in Q4: Netflix stock slumps

Netflix

Netflix stock fell 25.87% last month. Netflix recently estimated that the company will add almost 2.5 million subscribers in the 1st quarter of 2022 (Q1 2022), but this number is almost 40% down from the same quarter last year (Q1 2021) when it was 4 million. Netflix’s customer acquisition growth still hasn’t reached pre-Covid levels. … Read more

Nifty and Sensex fall: India’s GDP growth slows to 5.4% in Q3 of FY22, Crude oil price at $116 a barrel

Nifty and Sensex down

Today a sharp fall has been seen in the Indian stock market. Nifty is down by 1.12% and Sensex is down 1.38%. Due to the Russia-Ukraine crisis, crude oil prices have also crossed the mark of $ 116 per barrel. This level is at 7 year high, due to this there will be inflation and … Read more

Two-wheeler stocks fall, February 2022 sales numbers lower than expected

Two-wheeler stocks fall

Today there is a decline in the stock prices of two-wheeler companies. Today, the sales numbers of two-wheeler companies for the month of February 2022 were announced, which is less than expected. The share price of Bajaj Auto is down 4.48% to Rs 3372.30, Eicher Motors’ share price down 3.15% to Rs 2508.10, Hero Motocorp … Read more

What is Semiconductor and global semiconductor industry market size

semiconductor

In this article, you will know what is a semiconductor and global semiconductor industry market size. What is semiconductor A semiconductor is called such components which are needed in every electronic item such as TV, AC, mobile, laptop, refrigerator, washing machine, car, airplane, etc. A semiconductor is used in all electronic items. Even solar cells … Read more

Apollo Hospitals to replace Indian Oil in Nifty 50 from March 31, share price up 7.55%

Apollo Hospitals share price up 7.55%

Today the share price of Apollo Hospitals Enterprise was trading up almost 7.55% at Rs 4,648.00. The National Stock Exchange (NSE) has announced that the stock of Apollo Hospitals Enterprise will be included in the Nifty 50 benchmark index from March 31, 2022. Apollo Hospitals Enterprise will become the first-ever health care services company to … Read more

Nykaa shares rise 4% on settlement of litigation with L’Oreal

Nykaa shares rise 4% on settlement of litigation with L'Oreal

Today the share price of online beauty and fashion e-commerce platform Nykaa which is listed under the name of FSN E-Commerce Ventures Limited has gone up by more than 4%. The company had disclosed about one of its pending litigation with L’Oreal at the time of its IPO. The company said that the litigation with … Read more

Airtel added 4.75 lakh mobile users, Vi 1.61 mn and Jio 12.9 mn lose subscribers: Trai Data

Airtel added 4.75 lakh mobile users, Vi 1.61 mn and Jio 12.9 mn lose subscribers: Trai Data

Recently Telecom Regulatory Authority of India (TRAI) released the latest subscriber numbers of telecom companies. According to TRAI’s recent data release, in the month of December 2021, Reliance Jio lost approximately 1.29 crore wireless subscribers. In the same period, Bharti Airtel gained 4.75 lakh subscribers and Vodafone Idea lost 16.14 lakh subscribers. Below you can … Read more

CRISIL stock up 8%, Net profit at Rs 168.63 cr and profit after tax at Rs 465.8 in Q3 FY22 | CRISIL Q3 FY 22 results

CRISIL stock up 8%, Net profit at Rs 168.63 cr and profit after tax at Rs 465.8 in Q3 FY22

Today the share price of Global Analytical and credit rating company CRISIL was trading up almost 7%. CRISIL is a subsidiary of American company S&P Global and provides rating, research, data analytics, solutions, and risk & policy advisory services. The company announced strong quarterly 3 financial year 22 results. CRISIL’s consolidated net profit increased by … Read more

Cipla promoters sell 2.5% stake, promoter group now holds 34.23% stake: Cipla stock down 3.5%

Cipla promoters sell 2.5% stake, promoter group now holds 34.23% stake: Cipla stock down 3.5%

Today the share price of India’s leading pharma company Cipla Limited fell almost 3.5%. Cipla promoters Yusuf Hamied and Mustafa Hamied sold their 2.5% stake through a block deal. Cipla told the exchanges that the promoters of the company, which is still in its eighties, are selling their stake due to personal and philanthropy reasons. … Read more

Power Grid declared interim dividend of Rs 5.5 per share

Power Grid declared interim dividend of Rs 5.5 per share

Power Grid Corporation of India Limited announced an interim dividend in the meeting held on 9 February 2022, according to which the company will pay a dividend of Rs 5.5 per share to its shareholders. Its ex-dividend date is 16 February. Shareholders held on or before February 15 will be eligible for the dividend. The … Read more

PB Fintech stock down 8%, Founders to sell 2.4% stake in a block deal worth $140 million

PB Fintech stock down 8%, Founders to sell 2.4% stake in a block deal worth $140 million

Today the stock price of Policybazaar and Paisabazaar’s parent company PB Fintech Limited was trading down more than 8%. Yashish Dahiya and Alok Bansal, co-founders of PB Fintech will sell a 2.4% stake in the company, in which Mr. Dahiya will sell 70 lakh shares and Alok Bansal will sell 38.9 lakh shares, worth $130-$140 … Read more

IRCTC declared interim dividend of Rs 2 per share

IRCTC declared interim dividend of Rs 2 per share

Recently IRCTC (Indian Railway Catering and Tourism Corporation) company has announced an interim dividend. IRCTC, the company that enjoys monopoly status in ticketing and catering in Indian railways. IRCTC has announced an interim dividend of Rs 2 per share, whose dividend yield is up to 0.12%. And its payment date has been set for 18 … Read more

IOC dividend: Indian Oil Corporation Limited declared dividend of Rs 4

IOC dividend: Indian Oil Corporation Limited declared dividend of Rs 4

Recently IOC (Indian Oil Corporation Limited) company has announced a dividend. The most critical metric to find out about any company divided is the dividend yield. Calculate Dividend yield: Dividend per share by its current market price. This is a better metric to know how much dividend the company is paying. IOC dividend Indian Oil … Read more