Mon, Feb 5, 2024 11:32 AM
LIC may get 'smarter' with digital transformation, says DIPAM Secretary
A Flip by Avya Verma
Shares of Jupiter Wagons Ltd surged over 5 per cent on October 31 after its subsidiary, Jupiter Electric Mobility (JEM), announced the acquisition of Log9’s Railway Battery and Electric Truck Battery divisions. The acquisition, which includes both technology and business assets of Log9 for its Railway Battery and Electric Truck Battery Divisions, aims to strengthen JEM’s position.
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Jefferies adopts a cautiously optimistic stance on India's equity market, citing robust supply and strong domestic demand. Despite high supply, Jefferies recommends a cautious approach, favoring banks, two-wheelers, healthcare, and telecom. The firm raises its IT sector rating to neutral and downgrades consumer staples, citing shifting growth potential.
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Stock market today: The NSE-listed SME stock Troms Industries’ share price witnessed strong buying interest during early morning deals on Thursday. The SME stock opened with an upside gap at ₹235 apiece and touched an intraday high of ₹249 apiece on the NSE, logging an over 5 per cent intraday rise against the previous close of ₹233.90 per share.
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