Author name: Shahbaz Rehmani

Bank Of Maharashtra’s total business increased by 21.33% in Q4FY23

The largest public sector bank in India, Bank Of Maharashtra, saw a growth in total business of 21.33% to Rs 4,09,202 crore for FY23 compared to Rs 3,37,534 crore for FY22. On Monday afternoon, the bank submitted its quarterly financial information to the stock exchange. The Bank of Maharshatra has had annual increase in its […]

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Multibagger NSE listed stock reached 5% lower circuit as Board sets record date for stock after soaring over 140% in a year.

Multibagger NSE listed stock reached 5% lower circuit as Board sets record date for stock after soaring over 140% in a year.  A small cap company named Salasar Exteriors & Contour Ltd. closed today with a market cap of 234 Cr. The company works on projects for lodging establishments, companies, industries (all of which call

Multibagger NSE listed stock reached 5% lower circuit as Board sets record date for stock after soaring over 140% in a year. Read More »

Global markets update: US stocks close largely unchanged on mixed earnings

Following varied corporate earnings from significant US corporations, US markets ended the day largely unchanged. S&P 500 decreased 0.01% to 4,154.52. At 33,897.01, the Dow Jones Industrial Average decreased 0.23%. At 12,157.23, the Nasdaq Composite was up 0.03%. After releasing poorer than anticipated profits, Netflix’s stock price declined. Following the release of first-quarter results that

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Multibagger midcap share price rises 672% in 3 years

Elgi Equipments, a major manufacturer of air compressors, outperformed expectations on Wednesday and saw an increase in its share price of nearly 8% on Dalal Street. In its Midcap medallion report, Religare Broking has a ‘Buy’ recommendation with a target price of $530 per share. Currently, Elgi’s target price is seen over a 21-day period.

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Avalon Technologies IPO: What GMP signals after announcement of share allotment

Avalon Technologies IPO: Avalon Technologies Ltd.’s initial public offering (IPO) has announced the allocation of shares, and now lucky allottees and market watchers are eagerly awaiting the company’s anticipated 18th April 2023 listing date. Shares of Avalon Technologies Ltd. are currently available at a premium of $10 in grey market after retreating from a double-digit

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In a renewed effort on Wall Street, T. Rowe will test avalanche blockchain

A group of Wall Street companies, including T. Rowe Price Associates, are testing a new version of the Avalanche blockchain in a renewed effort to investigate how the technology may improve the efficiency of financial transactions. According to a news statement, the company will begin testing financial trade execution and settlement on the blockchain with

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Global markets: US markets decline after the Fed’s minutes raise inflation and the financial crisis concerns

The Federal Reserve’s policy meeting minutes from March revealed that officials are worried about the financial crisis and the high inflation, which led to a decline in US markets on Wednesday.At 4,092.28, the S&P 500 fell by 0.40 percent. At 33,652.63, the Dow Jones Industrial Average decreased by 0.10%. At 11,931.13, the Nasdaq Composite fell

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