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BHEL surges on receiving order from NHPC Bharat Heavy Electricals is currently trading at Rs. 107.30, up by 2.00 points or 1.90% from its previous closing of Rs. 105.30 on the BSE. The scrip opened at Rs. 106.95 and has touched a high and low of Rs. 108.30 and Rs. 106.05 respectively. So far 610998 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 113.35 on 23-Aug-2023 and a 52 week low of Rs. 54.75 on 27-Sep-2022. Last one week high and low of the scrip...
BHEL surges on receiving order from NHPC
BHEL surges on receiving order from NHPC
Source: Accord Fintech
28/08/2023 10:19:54 AM
ICRA maintains domestic tyre demand growth forecast at 6-8% for FY24 The rating agency ICRA in its latest report has maintained its domestic tyre demand growth forecast at 6-8% for FY2024 on the back of favourable demand from the original equipment manufacturer (OEM) segment and expected revival in replacements. An improved product mix and range-bound input costs are expected to enhance the margins by 200-300 bps in FY24.  According to the report, the OEM segment is expected to grow by 7-9% YoY in FY2024 on the back of favourable prospects for most of ...
ICRA maintains domestic tyre demand growth forecast at 6-8% for FY24
ICRA maintains domestic tyre demand growth forecast at 6-8% for FY24
Source: Accord Fintech
13/07/2023 1:20:14 PM
HCL Technologies gains on launching test lab in Chennai to test, validate 5G solutions HCL Technologies is currently trading at Rs. 1130.35, up by 1.40 points or 0.12% from its previous closing of Rs. 1128.95 on the BSE. The scrip opened at Rs. 1130.60 and has touched a high and low of Rs. 1133.15 and Rs. 1116.55 respectively. So far 35106 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1156.80 on 03-Feb-2023 and a 52 week low of Rs. 875.65 on 29-Aug-2022. Last one week high and low of the scrip s...
HCL Technologies gains on launching test lab in Chennai to test, validate 5G solutions
HCL Technologies gains on launching test lab in Chennai to test, validate 5G solutions
Source: Accord Fintech
7/06/2023 12:15:18 PM
Government to soon launch new PLI scheme for IT hardware: Rajeev Chandrasekhar Union Minister of State for Electronics and IT Rajeev Chandrasekhar has said government will soon launch an information technology server and IT hardware production linked incentive (PLI) scheme. The scheme will provide additional incentives for manufacturers and original equipment manufacturers (OEMs) who incorporate Indian-designed IP into their systems and products. He further said the government has announced Future Design Programme, which invests $ 200 million in startups that will de...
Government to soon launch new PLI scheme for IT hardware: Rajeev Chandrasekhar
Government to soon launch new PLI scheme for IT hardware: Rajeev Chandrasekhar
Source: Accord Fintech
11/01/2023 10:40:34 AM
Global foldable smartphone shipments to reach 22.7 mn units in 2023 Global foldable smartphone shipments are expected to grow 52 per cent (YoY) in FY2023 to reach 22.7 million units, a report showed on Thursday. Key drivers will be Samsung and Chinese original equipment manufacturers (OEMs) looking to make their mark, particularly in Europe and China, according to Counterpoint Research. For FY 2022, global foldable shipments will reach 14.9 million units. Cumulative shipments in Q1-Q3 2022 grew 90 per cent YoY to 9.5 million units. However, global fo...
Global foldable smartphone shipments to reach 22.7 mn units in 2023
Global foldable smartphone shipments to reach 22.7 mn units in 2023
Source: IANS
29/12/2022 12:28:36 PM
Passenger vehicle makers likely to invest Rs 65,000 crore by FY25: ICRA Rating agency ICRA has said that passenger vehicle makers are likely to invest around Rs 65,000 crore by FY25 to ramp up production capacities to cater to enhanced demand. It stated that the demand for passenger vehicles has remained healthy since the turn of the calendar year, aided by strong underlying demand and an easing up of semiconductor shortages. According to the report, the passenger vehicle industry wholesale volumes are expected to touch an all-time high of 3.7-3.8 million unit...
Passenger vehicle makers likely to invest Rs 65,000 crore by FY25: ICRA
Passenger vehicle makers likely to invest Rs 65,000 crore by FY25: ICRA
Source: Accord Fintech
29/11/2022 11:29:12 AM
Reliance, Sanmina complete JV transaction to build manufacturing hub in India Integrated manufacturing solutions company Sanmina Corporation and Reliance Strategic Business Ventures Limited (RSBVL), a wholly-owned subsidiary of Reliance Industries Limited (RIL), on Tuesday announced the completion of their joint venture transaction. The joint venture will create a world-class electronic manufacturing hub in India, in line with Prime Minister Narendra Modi's 'Make in India' vision. All the manufacturing will take place at Sanmina's 100-acre campus ...
Reliance, Sanmina complete JV transaction to build manufacturing hub in India
Reliance, Sanmina complete JV transaction to build manufacturing hub in India
Source: IANS
4/10/2022 12:07:47 PM
Star Ratings for vehicles based on crash tests: Nitin Gadkari Automobiles in India will get star ratings based on their performance in crash tests, said Nitin Gadkari, Union Minister for Road Transport and Highways on Friday. Approving the Draft GSR Notification to introduce Bharat NCAP (New Car Assessment Programme) for awarding Star Ratings based on their performance in crash tests, Gadkari said Bharat-NCAP will serve as a consumer-centric platform allowing customers to opt for safer cars based on their ratings. It will also promote healthy comp...
Star Ratings for vehicles based on crash tests: Nitin Gadkari
Star Ratings for vehicles based on crash tests: Nitin Gadkari
Source: IANS
25/06/2022 9:40:11 AM
Ramkrishna Forgings zooms on winning order from India's largest MHCV OEM Ramkrishna Forgings is currently trading at Rs. 189.30, up by 7.85 points or 4.33% from its previous closing of Rs. 181.45 on the BSE. The scrip opened at Rs. 183.00 and has touched a high and low of Rs. 197.25 and Rs. 183.00 respectively. So far 37166 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 251.92 on 11-Oct-2021 and a 52 week low of Rs. 96.97 on 18-Mar-2021. Last one week high and low of the scrip stood...
Ramkrishna Forgings zooms on winning order from India's largest MHCV OEM
Ramkrishna Forgings zooms on winning order from India's largest MHCV OEM
Source: Accord Fintech
15/03/2022 12:27:04 PM
Deepak Nitrite gains on planning to raise funds Deepak Nitrite is currently trading at Rs. 2342.85, up by 17.45 points or 0.75% from its previous closing of Rs. 2325.40 on the BSE. The scrip opened at Rs. 2328.00 and has touched a high and low of Rs. 2385.00 and Rs. 2328.00 respectively. So far 60761 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 3020.00 on 19-Oct-2021 and a 52 week low of Rs. 801.95 on 21-Dec-2020. Last one week high and low of the scrip st...
Deepak Nitrite gains on planning to raise funds
Deepak Nitrite gains on planning to raise funds
Source: Accord Fintech
15/12/2021 2:18:10 PM
India`s OEMs accelerating shift towards EVs: HDFC Securities India's automobile OEMs are accelerating their shift towards EVs by investing in startups and enhancing collaborations, HDFC Securities said. "Along with developing electric products in-house, OEMs are open to collaborations, to reduce the speed-to-market as well as maintain capital efficiency," HDFC Securities said in a report. "Part suppliers are attempting to be segment agnostic, developing components for ICE, hybrid and EV products." Further, the report ci...
India`s OEMs accelerating shift towards EVs: HDFC Securities
India`s OEMs accelerating shift towards EVs: HDFC Securities
Source: IANS
10/04/2021 1:43:46 PM