Ten stocks close to their 52-weeks high
Ten stocks close to their 52-weeks high

Ten stocks close to their 52-weeks high

Shital Jibhe Article rating: 4.7

The markets on March 22, 2019 opened up. BSE Sensex is trading at 38,363.11, up by 23.64 points and the Nifty is trading at 11,512.75, down by 15.60 points. 

Tata Power bags Rs. 1,200 crore order
Tata Power bags Rs. 1,200 crore order

Tata Power bags Rs. 1,200 crore order

Pratik Shastri Article rating: 5.0

Tata Power, a Tata Group company, bagged a contract from the Ministry of Defence for air surveillance equipment. The company will work in partnership with foreign OEM, Indra Sistemas, Spain.

Investing in real estate with REITs
Investing in real estate with REITs

Investing in real estate with REITs

Henil Shah Article rating: 3.5

When it comes to investing in a real estate one requires a really big-ticket size, but not anymore as REITs are making their way to the Indian markets. So, should you consider investing in it? Read on to find out more.

Technical Bits: Hindalco breaks out of downward channel
Technical Bits: Hindalco breaks out of downward channel

Technical Bits: Hindalco breaks out of downward channel

Vinayak Gangule Article rating: 5.0

The stock of Aditya Birla Group controlled entity, Hindalco Industries broke out of the downward channel decisively on Wednesday. The stock has been trading above its crucial short-term moving averages, i.e. 20 and 50-day moving averages.

Power Finance set to acquire REC for Rs. 14,500 crore
Power Finance set to acquire REC for Rs. 14,500 crore

Power Finance set to acquire REC for Rs. 14,500 crore

Advait Dharmadhikari Article rating: 5.0

Power Finance Corporation (PFC) signed a share purchase agreement for the acquisition of 103.94 crore shares of Rural Electrification Corporation (REC) which constitutes 52.63 per cent of the paid-up share capital from the President of India. The acquisition is set to take place at a cash consideration of Rs. 139.50 per share with the total cost of acquisition coming to Rs. 14,500 crore. REC’s closing price on March 19, 2019, was Rs. 148.40 per share.

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