The list was curated focussing on stocks with a market cap exceeding Rs 10,000 crore and it included only those that have gained over 100% in the past one year. As a result, 13 stocks made the cut.
Paying light to the banking sector, the Reserve Bank of India in its recent report has said that the adoption has improved the efficiency of banks in India, along with increasing competition. "The adoption of digital technologies has improved the efficiency of banks in India, along with increasing competition in the banking sector. Overall digitalisation in the financial sector enables banks to reduce various risks and improves integration across various financial markets, thus, boosting liquidity in these markets," said RBI in its RCF report.
A total of 20,788 shares changed hands on the counter till 01:45PM (IST).
Employers increasingly value "action bias" in candidates— the ability to act decisively even in uncertain situations. This trait, crucial for innovation and resilience, is defined as a preference for action over inaction, driven by the need to adapt and reduce ambiguity. Unlike impulsivity, which involves hasty decisions without proper consideration, action bias involves informed and calculated risk-taking.
Delhi MPs called for an inquiry into the death of three civil services aspirants at a coaching centre. The BJP blamed the AAP government for negligence, while other MPs demanded safety measures and compensation. The Delhi Police arrested the coaching centre's owner and coordinator for culpable homicide.
China on Monday criticized the US and Japan for their joint statement condemning Beijing's actions in the South China Sea. Foreign Ministry spokesman Lin Jian urged both countries to stop "creating imaginary enemies" and interfering in China’s internal affairs. The US and Japan had denounced China’s maritime claims and military activities, accusing it of destabilizing the region and attempting to unilaterally alter the status quo. China’s response rejected these criticisms, accusing the US and Japan... Читать дальше...
A total of 4,964 shares changed hands on the counter till 01:34PM (IST)
Sports shooter Manu Bhaker and Sarabjot Singh have qualified for the bronze medal race in mixed 10 m air pistol at the Olympics, marking India's 12-year medal drought. Bhaker ended India's 12-year medal drought with a bronze in the 10m air pistol event, becoming the first markswoman from India to finish on the podium. Bhaker has won numerous international medals, including gold from the world championships and being a gold-medallist at the Khelo India Games.
A report by Michael Page highlights that 34% of organizations in India struggle with finding and retaining talent due to a growing gap between employer expectations and employee realities. While flexibility, higher salaries, and career progression are priorities for both employers and job seekers, employees place higher importance on company culture and ethics, which organizations often underestimate.
The Supreme Court has adjourned AAP leader Manish Sisodia's bail petition case challenging the rejection of his bail plea in an excise policy money laundering case till August 5. The Enforcement Directorate requested time to reply, prompting the court to grant an extension. Additional issues were raised regarding the challenge to the same order, with Sisodia seeking to revive his application.
At a meeting in Tokyo, the Quad Foreign Ministers—representing the US, Japan, Australia, and India—condemned the Houthi attacks on international vessels in the Red Sea and Gulf of Aden. They emphasized the destabilizing effects of these attacks on regional security and trade. The statement highlighted the Quad’s commitment to upholding the UN Charter, advancing Security Council reforms, and achieving the Sustainable Development Goals (SDGs). India is set to host the next Quad Leaders' Summit, and... Читать дальше...
BluPine Energy is a leading renewable energy services company established in India by Actis, a global investor and world leader in funding and building sustainable infrastructure companies. The 75 megawatt project is expected to generate nearly 117 million units (MUs) of energy annually and offset more than 107,000 tonne of Co2 emissions, the company statement said.
The Relative Strength Index of the stock stood at 63.1 on Monday.
According to available data, the company's proposed buyback would be its first, and it has never issued bonus shares. However, the company does regularly pay dividends to shareholders.
Following the fatal flooding in Rajinder Nagar that claimed three IAS aspirants' lives, Delhi authorities have started removing encroachments obstructing drainage systems. The tragedy, involving an unauthorized basement library at Rau's IAS Study Circle, has led to criticism and student protests. Ongoing investigations aim to determine responsibility and prevent future incidents.
Akums Drugs and Pharma's IPO, open from July 30 to August 1, targets raising Rs 1952 crore. The company specializes in pharmaceutical development and manufacturing, with a fresh issue of Rs 680 crore and an offer for sale. Allotment occurs on August 2, and shares list on August 6.
A total of 33,254 shares changed hands on the counter till 01:24PM (IST)
Arvind Ltd Q1 Results: Indian clothing retailer Arvind reported a 40% drop in first-quarter profit, with net profit falling to 393.1 million rupees. Revenue from operations dipped by 1%, and the core textile segment saw a 5% decline. Inflation and illegal workers' unrest contributed to lower consumer spending. The company's shares fell 2.8% post-results.
Promoters held 0.79 per cent stake in the company as of 30-Jun-2024, while FII and DII ownership stood at 15.1 per cent and 11.86 per cent, respectively.
A total of 34,573 shares changed hands on the counter till 01:14PM (IST)
SBI Mutual Fund has introduced the SBI Innovative Opportunities Fund, an open-ended equity scheme focused on innovation.