The Press Editor

The stock's 14-day relative strength index (RSI) is 25.62. For the uninitiated, a level above 70 is considered overbought or overvalued, and below 30 is defined as oversold or undervalued. Mumbai: Shares of FMCG company Elitecon International Limited are on investors' radar as the company has secured shareholder approval for a significant expansion of its financial capabilities. According to the information shared with exchanges, authorising a substantial increase in borrowing limits up to Rs 500 crore under Section 180(1)(c) of the Companies Act, 2013. The stock started today's session in the red amid market volatility. The counter opened at Rs…

The stock's 14-day relative strength index (RSI) is 30.63. For the uninitiated, a level above 70 is considered overbought or overvalued, and below 30 is defined as oversold or undervalued. Mumbai: Shares of pharma company Sudarshan Pharma Industries Ltd are in focus as the company has reported a 16 per cent increase in net sales to Rs 168.01 crore and a 51 per cent surge in net profit to Rs 4.36 crore for the third quarter of fiscal year 2026. Following this, the stock started the trading session in green at Rs 20.25 against the previous close of Rs 19.30…

According to the Economic Survey, the Free Trade Agreement (FTA) with Europe will strengthen India's manufacturing competitiveness, export resilience and strategic capacity. New Delhi: Union Finance Minister Nirmala Sitharaman on Thursday tabled the Economic Survey 2025-26 in the Lok Sabha. The Economic Survey is an annual document presented by the government ahead of the Union Budget to review the state of the country's economy. It also provides an overview of the economy's short-to-medium-term prospects. According to the Economic Survey 2025-26, India's economy is expected to grow at 6.8-7.2 per cent in FY27, driven by regulatory reforms and strong fundamentals. The survey…

Technically, the stock is trading lower than the 5-day, 20-day, 50-day, 100-day and 200-day moving averages. Mumbai: Shares of Uttar Pradesh-based electrical equipment maker Pavna Industries are in focus as the company has informed exchanges that the board has approved the investment in the equity shares of the subsidiary company Pavna SMC Private Limited. According to the information shared with the exchanges, the board has approved the acquisition of an 80 per cent stake for a cash consideration of Rs 4,00,000, with the transaction expected to conclude by March 31, 2026, in a subsidiary. The incorporated company belongs to the…

The Finance Minister also allocated Rs 14,500 crore for social security pensions for financial year 2026–27. He also announced Rs 3,700 crore for CM's Stree Suraksha scheme in Budget 2026-27. Thiruvananthapuram: Kerala Finance Minister KN Balagopal on Thursday presented the state budget and hiked the pay of pre-primary teachers by Rs 1,000 and said the literacy mission motivators to get Rs 1,000 monthly increase. The honorarium of ASHA workers also increased by Rs 1,000. The state government during the Kerala Budget also raised monthly honorarium of Anganwadi workers by Rs 1,000, helpers by Rs 500. In the State Assembly,…