The FinTech Hub
Source: Live Mint The momentum is fuelled by a recovery in infrastructure spending, industry consolidation, and rising prices—all of which favour dominant players. With government-led capex driving demand and competition weeding out smaller players, UltraTech is poised to gain further ground. Read this | Is the cement sector consolidation at its fag end? But challenges…
Source: Live Mint View Full Image Source: TradingView AB Infrabuild operates in the infrastructure and construction sector, which has seen robust growth due to government initiatives and increased spending on urban development projects. The company’s stock has delivered impressive returns, with a 113% gain over the past year, outperforming its sector peers. In the December…
Source: Live Mint Dividend stocks India: Infosys Ltd, HDFC Bank Ltd, UltraTech Cement Ltd, Asian Paints Ltd and Coforge Ltd are the five dividend stocks to declare interim dividend in the coming months April to May 2025. HDFC Bank has announced that a meeting of the Board of Directors is scheduled to be held on…
Source: Live Mint By the end of FY25, it is targeting a high single-digit market share. It is expected to be the second largest player in terms of installed capacity and brand visibility in decorative paints, an industry estimated at ₹76,000 crore. Behemoths like Asian Paints are still dealing with this shock. A similar trajectory could unfold…
Source: Live Mint Aditya Birla Group-owned UltraTech Cement’s board of directors on Tuesday, February 25, announced that the company has approved the demerger of Kesoram Industries Limited and a ₹1,800-crore capex investment, according to an exchange filing. The cement maker’s board has agreed to issue one equity share of ₹10 each for every 52 equity…
Source: Live Mint The big day is here! FM Sitharaman will deliver her 8th Budget speech at 11 a.m. Even though it’s a Saturday, stock markets (BSE and NSE) will remain open. This will be her second full Budget under Modi 3.0 and her eighth overall, including six annual and two interim Budgets during the…
Source: Live Mint Stock Market News: The domestic benchmark indices, Nifty 50 and Sensex, experienced losses on Friday, marking the third consecutive week of declines amid rising worries about slowing corporate earnings. The Nifty 50 closed down 0.49% at 23,092.2, while the Sensex dropped 0.43% to settle at 76,190.46. Throughout the trading session, both indices…
Source: Live Mint 2025 Market Outlook: Brokerage house B&K has outlined its market outlook for 2025, highlighting the challenges and opportunities as investors navigate through a period marked by macroeconomic uncertainty and a shifting global landscape. The brokerage noted that the second half of 2024 was particularly challenging, and the earlier part of 2025 may…
Source: Live Mint The Indian stock market traded lower on Friday, with both the benchmark indices Sensex and Nifty 50 falling over half a percent each, dragged by profit booking after a sharp rally in the previous session. Selling was seen in IT, pharma, private banks and auto stocks, while metals, PSU banks and realty…
Source: Live Mint New Delhi, Shares of India Cements ended 8 per cent higher on Monday after the Competition Commission of India cleared billionaire Kumar Mangalam Birla-promoted UltraTech Cement’s proposal to acquire a majority stake in the firm. The stock soared 8.01 per cent to close at ₹366.15 on the BSE. During the day, it…
