Global index services provider MSCI has added eight Indian stocks to its Global Standard Index and removed one as part of its quarterly index review. The changes will likely result in an inflow of nearly $1.4 billion from foreign passive funds when the actual changes take place on August 31. A release by MSCI on … Read more
The fourth quarter earnings season is in the last leg and the Street is awaiting numbers from some of the top PSU companies and other index heavyweights including Airtel and ITC. Indian Oil, ITC, IndiGo, SBI, Zomato are among a slew of companies that are set to announce their fourth quarter results. So far, results … Read more
Ace investor Vijay Kedia has increased stake in Affordable Robotic and Automation, a microcap stock that has doubled investors wealth in the last six months. According to the latest shareholding pattern available with the exchanges, Vijay Kedia and his firm Kedia Securities hold a combined stake of 13.30% as of March 2023. The holding was … Read more
NEW DELHI: Business growth of all companies is contingent upon how much new orders they can get. In that way seems to be doing quite well, and investors are taking note of the fact too. Patel Engineering announced that it has bagged a Rs 2,461 crore contract for the works of “construction of diversion tunnel, … Read more