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Jakson Green, a new energy transition platform backed by Jakson Group, on Wednesday said it has secured Rs 60 crore funding from HSBC India. This funding will support the company's working capital requirements for its renewable energy business, both in India and internationally, a company statement said. The Jakson Green is actively expanding its global reach in Middle East, Africa, (Commonwealth of Independent States) CIS countries and Europe, it added. This sustainable trade facility from HSBC India underscores Jakson Green's unwavering commitment to ESG responsibilities and its leadership in promoting a sustainable and inclusive future.

India is poised to begin wheat imports after a six-year gap, to replenish depleted reserves and hold down prices that leaped following three years of disappointing crops, sources say, as the approaching end of general elections removes a key hurdle. New Delhi is expected to abandon a 40% tax on wheat imports this year, officials and other sources told Reuters, paving the way for private traders and flour millers to buy from producers such as top exporter Russia, albeit in modest volumes. As the new-season wheat harvest rolls in, the government is likely to wait until after June to scrap the import tax, in time for Russia's harvest, the sources said.

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Nuvama initiated coverage on Inox Wind and Suzlon Energy, with target prices suggesting an upside potential of 33% and 15%, respectively. Nuvama has a ‘buy’ rating and a target price of Rs 195 on Inox Wind as it believes the company is one of the only two WTG and turnkey EPC companies in India, wherein annual wind demand is reviving to more than 12GW.

PI Industries Ltd. slipped 0.74 per cent to Rs 3590.7 in Wednesday's trade. It hit a high of Rs 3596.0 and low of Rs 3565.9 during the session. On the technical charts, the 200-DMA of the stock stood at Rs 3592.62, while the 50-DMA was at Rs 3709.22. If a stock trades above 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades below 50-DMA and 200-DMA, it is considered a bearish trend and if trades between these averages, then it suggests the stock can go either way.

Mt. Gox transferring Bitcoin, the world's largest cryptocurrency by value, rebounded and surged nearly 1% to reach $68,852 in Wednesday's trade. By 12:18 pm, BTC was trading 0.7% higher at $68,446, while Ethereum experienced a slight decline of over 0.1% to $3,856.

Colgate-Palmolive (India) Ltd. dropped 0.51 per cent to Rs 2687.4 at 01:18PM (IST) in Wednesday's trade. The counter hit a high of Rs 2710.0 and low of Rs 2662.3 so far during the session. The stock had closed at Rs 2701.2 in the previous session. The counter had a total traded volume of 01:18PM shares so far with a turnover of Rs 0.58 crore on BSE. The stock traded at a price-to-earnings multiple of 55.69 and a price-to-book ratio of 27.81.

ACC Ltd. fell 1.05 per cent to Rs 2542.95 in Wednesday's session as of 01:23PM (IST) even as the equity benchmark Sensex traded 479.53 points lower at 74690.92. Earlier in the day, the stock witnessed a gap up start to the session. The stock quoted a 52-week high price of Rs 2759.95 and a 52-week low of Rs 1755.8 on NSE. Around 2850 shares changed hands on the counter till 01:23PM (IST).

Campus Activewear surged almost 14 percent in intra-day deals on Wednesday after the company reported strong earnings for the quarter ended March 2024 (Q4FY24).In the March quarter, the company posted a 42.6 percent year-on-year (YoY) jump in its net profit at ₹32.7 crore as against ₹23 crore in the same period last year. Meanwhile, its revenue rose 4.6 percent YoY to ₹364 crore versus ₹345 crore in the year-ago period.Sequentially, the company's net profit grew 31.5 percent from ₹24.9 crore in the December 2023 quarter (Q3FY24) whereas revenue fell 23 percent QoQ from ₹471 crore in Q3FY24 due to seasonality effect.On the operating front, EBITDA rose 16 percent YoY to ₹66.4 crore in Q4FY24 as compared to ₹57.1 crore in Q4FY23.

₹1.14, marking an impressive 84.1% increase year-over-year, reflecting positively on the company's profitability.Despite recent market trends, NBCC India has delivered varying returns, with -6.69% in the last week, a substantial 104.12% return in the last 6 months, and a solid 70.2% year-to-date return.Currently, NBCC India commands a market capitalization of ₹24984 Cr, with a 52-week high/low trading range of ₹176.85 and ₹38.2 respectively, showcasing market confidence in the company.Analyst ratings as of 29 May, 2024, depict a mixed sentiment towards NBCC India, with 2 analysts recommending a Strong Sell, 1 analyst suggesting a Hold, and 1 analyst advocating a Buy rating for the company.The overall Q4 results reflect NBCC India's strong financial performance and strategic management, positioning the company for continued growth and value creation for its stakeholders.FAQsQuestion : What is the Q4 profit/Loss as per company?Ans : ₹136.08CrQuestion : What is Q4 revenue?Ans : ₹4024.5CrStay updated on quarterly results with our results calendarMilestone Alert! Livemint tops charts as the fastest growing news website in the world

Is the Indian stock market fairly valued or overvalued? Experts weigh in"The nervousness in the market continues with uncertainty regarding the election results. An important sustaining trend during this uncertain phase is the continuous buying by DIIs (domestic institutional investors), which has reached around ₹45,000 crore so far this month.

The price change in 24 carat gold in the last one week has been 3.25% .whereas in the last month it has been 0.97%.The cost of silver is Rs.93400.0 per kg up by Rs.2410.0 per kg. Gold Price Today in Delhi is ₹74243.0/10 grams. Yesterday’s Gold Price on 28-05-2024 was ₹73180.0/10 grams.

Brigade Enterprises, one of India’s leading property developers, jumped 8.66% to reach a historic peak of ₹1,331.45 apiece in early morning trading today, driven by the company's robust performance for Q4 and the full fiscal year (FY24).On Tuesday, the company reported a 233% surge in its consolidated profit to ₹210 crore for the March quarter as compared to a net profit of ₹63 crore in the same period last year. Its revenue from operations soared to ₹1762 crore, an improvement of 100% compared to ₹872 crore in Q4 FY24.

Punjab National Bank(up 1.21 per cent), Bandhan Bank Ltd.(up 1.06 per cent) and Au Small Finance Bank Ltd.(up 0.85 per cent) were among the top gainers.

Eicher Motors Ltd.(up 0.35 per cent) and Bosch Ltd.(up 0.34 per cent) were among the top gainers.

Bandhan Bank Ltd. rose 1.31 per cent to Rs 192.8 at 10:15AM hours (IST) on Wednesday. Earlier in the day, the stock saw a gap down start to the session. As per data available on BSE, total traded quantity on the counter stood at 458,473 shares with a turnover of Rs 8.8 crore till 10:15AM (IST). The stock traded at a price-to-earnings (P/E) multiple of 13.69, while the price-to-book value ratio stood at 1.34.

Bharat Electronics Ltd. traded 1.31 per cent higher in Wednesday's session at 10:20AM (IST). The stock opened at Rs 285.65 and has touched an intraday high and low of Rs 293.95 and Rs 284.5, respectively, during the session so far. The stock quoted a 52-week high of Rs 303.35 and a 52-week low of 110.2. About 1,021,633 shares changed hands on the counter so far.

On the BSE, Finelistings Techno(down 19.96 per cent), Technopack Polymers(down 17.08 per cent), Sealmatic India(down 14.76 per cent), Knowledge Marine & Engg Works(down 11.74 per cent) and Monte Carlo Fashion(down 11.36 per cent) were among the stocks that plunged over 5 per cent during the session.

₹1,670 on Wednesday, May 29, on BSE, defying weak market sentiment. The stock, however, pared gains and traded 7.14 per cent higher at ₹1491 apiece around 9:45 am.

₹100 investment grew to just ₹230, barely outpacing fixed deposit returns. This contrasts sharply with the 1980s, when a ₹100 investment soared to ₹700.

In the 1970s, President Jimmy Carter placed solar panels on the roof of the White House as a symbol of his commitment to developing energy from the sun. In the 1990s, Japan offered homeowners groundbreaking subsidies to install photovoltaic panels. And in the 2000s, Germany developed an innovative program that guaranteed consumers who adopted a solar energy system that they would sell their electricity at a profit. But no country has come close to matching the scale and tenacity of China's support. The proof is in the production: In 2022, Beijing accounted for 85% of all clean-energy manufacturing investment in the world, according to the International Energy Agency.