Large-cap cement sector stocks like Ultratech Cements and Ambuja Cements are primarily involved in the production and sale of cement and related products worldwide. Who is the Market Leader in Cement Sector? India is the second-largest cement producer in the world, contributing more than 8% of the global capacity. In 2023, India’s cement market size … Read more
Jio Financial Services Limited was expected to shake up India’s financial scene, just like Jio did with telecom. But after an initial buzz, the stock price fell sharply. So, what went wrong? In this blog, we’ll look into Understanding Jio Financial Services’ business model, why the stock fell, and what the future holds for the … Read more
Even with strong demand for gold and diamonds, factors like economic uncertainties, rising interest rates, and profit-booking by investors have led to significant corrections in the jewellery sector. Several companies have seen major declines, raising concerns about whether this is a temporary setback or a deeper trend in the industry. We have identified the biggest … Read more
The Indian construction industry is booming. It’s projected to grow to INR 25.31 trillion by 2024, which is an 11.2% increase. By 2028, it might reach ₹36.58 trillion with a CAGR of 9.6%. This sector contributes around 8% to India’s GDP and employs over 40 million people. ITD Cementation is an Adani Group Stock that … Read more
India-US Trade Target India-US trade to reach $500B by 2030; Modi pitched “MIGA” (Make India Great Again). India-US Tariff Talks: No big announcements till 📌 Trump called Indian tariffs a “big problem” but acknowledged Modi’s efforts to reduce them. 📌 US plans to bridge its trade deficit by increasing oil & gas sales to India. … Read more
The brokerage industry in India has grown rapidly, especially after COVID-19. With increasing digital adoption and a growing number of retail investors, this sector has reached new milestones. Stock brokers like Zerodha, Angel One, Upstox, and 5Paisa have established in the market by offering affordable and user-friendly services. Now, Jio Financial Services has entered this … Read more
Bharat Dynamics has signed a ₹2,960 crore contract with the Ministry of Defense to supply MRSAM (Medium-Range Surface-to-Air Missiles) for the Indian Navy. This contract strengthens the company’s position in the defense sector and supports India’s defense modernization efforts. Bharat Dynamics Share Price Movement: On January 16, 2025, Bharat Dynamics Ltd’s shares opened at ₹1,151.75, … Read more
Kalyan Jewellers shares have been trading lower than their 10-day, 20-day, 30-day, 50-day, 100-day, and 200-day moving averages. From January 2 to January 13, the shares fell from ₹787.75 to ₹572.65, a drop of 27.30%. On Tuesday, 14th January, Kalyan Jewellers shares ended their seven-day losing streak. The stock closed at ₹601, upside 4.95% from … Read more
Indian Renewable Energy Development Agency (IREDA), a leading large-cap NBFC (Non-Banking Financial Company), has reported impressive financial performance for 2024. Over the past three quarters, IREDA achieved record net sales of ₹1,629.55 crore and a Profit After Tax (PAT) of ₹387.75 crore. MarketsMojo has given IREDA a ‘Hold’ rating, reflecting its strong financial position and … Read more
Suzlon Energy recently achieved a major milestone. The company received relief from a tax penalty of ₹260.35 crore. The Income Tax Appellate Tribunal (ITAT) dismissed penalties imposed by the National Faceless Penalty Center for the financial years 2015-16 and 2016-17. In its BSE filing, the company stated, “Since the penalty was under stay/abeyance, no refund … Read more