Stocks in the news: TCS, AB Fashion, HCL Tech, BSE, Lupin and Ami Organics
Tata Consultancy Services has launched the TCS Quantum Computing Lab on Amazon Web Services to help enterprises explore, develop, and test business solutions and accelerate the adoption of quantum computing.
Corporate Radar: Crisil, Procter and Gamble to go ex-dividend; Britannia, IndiGo earnings & more
Shares of Allsec Technologies (Rs 20 per share), Crisil (Rs 10 per share), Kewal Kiran (Rs 3 per share), Procter and Gamble Hygiene (Rs 65 per share) and TCI Express (Rs 3 per share) will trade ex-dividend today.
Arvind Smartspaces jumps over 4% as frim to consolidate partnership interest in AEI
At 3:08 pm, the stock was trading at Rs 245 on BSE, up 3%. It hit the day's high of Rs 249 on BSE. The stock has been on an uptrend for the last three months, recording gains of nearly 58%.According to the companys BSE filing, the realty player approved the consolidation of the partnership interest.
Stocks in the news: Here Moto, Indian Oil, Lupin, PNB and Adani Group stocks
Hero MotoCorp, the two-wheeler manufacturer, said it will invest $60 million in US-based Zero motorcycles to jointly develop electric motorcycles. It said it is finalizing a collaboration agreement with the California (US)-based manufacturer.
'HDFC Capital, Arvind SmartSpaces realty venture can make it big'
The joint real estate investment and development platform created by HDFC Capital Advisors and realty developer Arvind SmartSpaces is expected to create an overall revenue potential of Rs 5,000 crore excluding reinvestment prospects, said a top executive of HDFC's real estate subsidiary.
The realty developer, part of the Ahmedabad-headquartered Lalbhai Group, entered into an agreement with HDFC Capital Advisors, earlier this month, to set up a Rs 900-crore platform to undertake residential developments. HDFC Capital Affordable Real Estate Fund - 3 (HCARE-3) will be investing Rs 600 crore, while Arvind SmartSpaces will infuse Rs 300 crore in this joint investment and development platform.
Stocks in the news: Tata Motors, P&GHH, Adani Enterprises, NDTV and NPTC
A wholly owned subsidiary of Gautam Adani's flagship firm, Adani Enterprises, said it will buy a majority stake in New Delhi Television, a news channels, as it looks to boost media investments as part of an ambitious expansion plan.
Arvind SmartSpaces Q4 profit Rs 14 crore, up 112% on year
Fresh sales for the quarter declined 27% from a year ago to Rs 150 crore, while collections grew 20% to Rs 160 crore. The developers fresh sales for the quarter were aided by traction for luxury villas at its existing project in Ahmedabad.
#ARVSMART : Arvind Smart Space has been into really strong uptrend from last few trading sessions. it started the updated when it given break out above 150 level. now its trading at 171-172. keep watching this space with trailing stoploss in place if you are buying.
Affle India shares hit upper circuit on contract from Singapore govt
Affle’s mobile marketing platforms will enable interactive surveys for citizens in Singapore to drive LTA’s objective of building a people-centered land transport system valued at over $1 million, the company said.
Affle India shares hit upper circuit for fifth consecutive day; what should investors do?
On the daily and weekly charts, the stock has formed a Higher High and Higher Low series pattern which suggests uptrend momentum is likely to persist in the near future with a target of Rs 2,000 per share, say analysts.
Post-COVID scenario: This digital technology firm could be a big beneficiary
Affle has an asset-light business model while its marketing efforts and more precisely targeted & personalised advertisements has bought in higher revenues while cost has remained relatively unchanged.