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Sops brighten the prospects of AC, LED lights makers - The Hindu BusinessLine - Vimarsana News

Sops brighten the prospects of AC, LED lights makers - The Hindu BusinessLine

Sops brighten the prospects of AC, LED lights makers April 07, 2021 The PLI scheme is expected to increase local value addition to 75% from the current 25% level   -  Businessline The PLI scheme is expected to increase local value addition to 75% from the current 25% level   -  Businessline× But industry says scheme should also cover finished products The PLI scheme for the AC industry, which got the Cabinet nod on Wednesday, is expected to strengthen the component ecosystem and boost local value-addition. Industry players, however, said that incentives under the scheme should also ha...

Orient Electric Ltd Spurts 3.13% - Vimarsana News

Orient Electric Ltd Spurts 3.13%

Orient Electric Ltd has added 11.53% over last one month compared to 2.24% gain in S&P BSE Consumer Durables index and 1.67% drop in the SENSEX Orient Electric Ltd gained 3.13% today to trade at Rs 304.6. The S&P BSE Consumer Durables index is up 0.46% to quote at 33438.89. The index is up 2.24 % over last one month. Among the other constituents of the index, Voltas Ltd increased 2.45% and Dixon Technologies (India) Ltd added 1.68% on the day. The S&P BSE Consumer Durables index went up 42.87 % over last one year compared to the 48.62% surge in benchmark SENSEX. Orient Electric Ltd has added ...

52-week low: Stock market update: 3 stocks hit 52-week lows on NSE - Vimarsana News

52-week low: Stock market update: 3 stocks hit 52-week lows on NSE

On the other hand, Indian Energy Exch, Orchid Pharma , Vaibhav Global, Orient Electric and 3M India stocks hit their fresh 52-week high today. In the Nifty 50 index, Tech Mahindra, PowerGrid, HCL Tech, TCS and SBI Life were among the top gainers on the NSE. However,

Nifty: Ahead of Market: 12 things that will decide stock action on Friday - Vimarsana News

Nifty: Ahead of Market: 12 things that will decide stock action on Friday

NEW DELHI: Nifty made a gap opening on Wednesday but succumbed to profit booking and formed a small indecisive bearish candle with a long lower shadow. The headline index managed to settle a tad higher than its previous close. After narrow trading for the last five sessions with indecisive candle formations, the index appears to be carving out a new trading range in the 15,270-14,900 zone, said Mazhar Mohammad of Chartviewindia.in. Vinod Nair, Head of Research at Geojit Financial Services, said, “Domestic markets mirrored positive cues from its global peers, tracking gains from the US marke...

sensex: Half of Indian fund managers' conviction ideas fail to match Sensex returns - Vimarsana News

sensex: Half of Indian fund managers' conviction ideas fail to match Sensex returns

Synopsis Analysts said V-Mart has seen a better recovery than other apparel retailers due to its focus on smaller towns and largely on high streets. Only stocks that were part of the BSE500 pack and had seen at least 500 basis points rise in MF holding over the last one year were picked for this study. NEW DELHI: Domestic fund managers raised exposure to 17 stocks for the fourth straight quarter, only to see half of them lag Sensex’s 43 per cent return for the last one year. They included Zydus Wellness, V-Mart Retail, Page Industries, Westlife Development, CCL Products (India), Fortis Heal...