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Yesterday's big news was related to defense share. After the Pahalgam terror attack, there was a big jump in the shares of defense companies due to the possibility of action against Pakistan. On Monday, shares of defense companies like Paras Defense, Garden Reach Ship Builders (GRSE), HAL, India Dynamics (BDL) jumped 10%.
At the same time, SEBI has revealed the company that makes illegal profits by putting fake orders to trap investors in the stock market. Market Regulator SEBI has ordered Patel Wealth Advisors Private Limited (PWAPL) an interim order to refund illegal earnings of Rs 3.22 crore, banning trading on charges of order spoofing (fraud).
Today's headlines before tomorrow's big news, which will be seen …
- The stock market may see a boom today.
- There has been no change in the price of petrol and diesel.
Now read the big news of tomorrow …
1. Defense shares climbed up to 10% amidst India-Pakistan tension: HAL and India Dynamics stock increased by 5%; Cochin Shipyard rose by 7%
After the Pahalgam terror attack, there was a big jump in the shares of defense companies due to the possibility of action against Pakistan.
On Monday, shares of defense companies like Paras Defense, Garden Reach Ship Builders (GRSE), HAL, India Dynamics (BDL) jumped 10%. Experts believe that the government may take strict steps against Pakistan.
This is expected to increase the purchase of defense equipment such as missiles, drones and naval equipment. Due to this, purchases are being done in defense stocks. With this, today there will be a deal of 26 Rafale Marine aircraft between India France.
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2. SEBI banned Patel Wealth Advisors from the market: The company cheated ₹ 3.22 crore from investors by putting fake orders; 4 directors also banned
SEBI has revealed the company that makes illegal profits by imposing fake orders to trap investors in the stock market.
Market Regulator SEBI has ordered Patel Wealth Advisors Private Limited (PWAPL) an interim order to refund illegal earnings of Rs 3.22 crore, banning trading on charges of order spoofing (fraud).
Also, 4 directors of the company have also been banned from the stock market. SEBI has taken this action through interim order (hearing without convicts). Now the company will be detailed.
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3. Industrial growth in FY 2024-25 was 4%: reduced by 1.9% on an annual basis; Reached 3% due to poor performance of mining sector in March
Industrial growth in March has come to 3%. It was at 2.9% in February, which was a 6 -month low. Industrial growth has decreased due to manufacturing and poor performance of the mining sector. Manufacturing contributes more than three-fourths to the IIP.
India's manufacturing sector output was 3% in March, compared to 5.9% in the same month last year. At the same time, the production of mining sector saw a growth of 0.4% in March, which was 1.3% in the same period last year. There was a growth of 6.3% in the electricity sector in March. It recorded 8.6% growth in the same month last year.
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4. Adani Total Gas's profit in the fourth quarter decreased by 8%: Revenue on an annual basis was ₹ 7,453 crore, company will give 25 paise per share dividend
The total earnings of Adani Total Gas Limited, a company of Adani Group, was Rs 1,462 crore in the fourth quarter. This is 15% higher than last year. Revenue in this earnings of the company was Rs 7,453 crore from the operation. In the January to March quarter, the company's total expenditure was Rs 1,264 crore and the total tax was Rs 49.08 crore.
If the cost, tax and other expenses are reduced from the total income, then the company got a consolidated net profit of Rs 155 crore in the fourth quarter. This has decreased by 8% compared to last year. That is, profits have also increased with the company's earnings. Adani Total Gas released the results of the January-March quarter (Q4Fy25, fourth quarter) on Monday (April 28).
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5. Biryani's 17 crore delivery every year in the country: Devyani International, who runs KFC and Pizza Hut Food Chain, bought Biryani by kilo
DIL, who runs a popular food chain like KFC, Pizza Hut and Costa Coffee in the country, is now another Indian dish in its basket. It took 81% stake in Sky Gate Hospitality running Biryani by kilo (BBK) restaurants in the hall. The deal was done for Rs 420 crore.
In this way, DIL has tried to compete with its rival business Jubilant Foodworks's 'Absolute Biryani' brand. Come, let's understand why companies running foreign food chains in the country are betting on Biryani? He also has his own South Indian food brand Wango.
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6. Tesla took office lease in Mumbai: first took space for the showroom, it indicates the company's early entry in India
Ilon Musk's Tesla has leased an office in Mumbai. According to an ET report, Tesla has taken a 30-seat workspace within a co-working facility in Phoenix Market City. For this, he will have to pay 3 lakh rupees a month.
Earlier, Tesla had leased 4,003 sq ft at an annual fee of Rs 3.87 crore for his new showroom in BKC. In such a situation, it is expected that Tesla's entry in India is very close.
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7. Bajaj Chetak's cheap variant launch 3503, 35 liter storage: updated electric scooter will run 153km on full charge, price 1.10 lakhs
Two-wheeler maker Bajaj Auto has launched 3503 of its popular electric scooter Chetak 3503 on Monday (April 28). Its ex-showroom price has been kept at Rs 1.10 lakh.
The next generation model was launched in India with cosmetic changes and mechanical upgrade in December-2024, but the price of 3503 variants was not announced. Its other variants are 3501 and 3502.
The updated Bajaj Chetak has a new chassis frame used, with the battery pack placed under the floorboard. This will now provide a 35-liter under seat space in the e-scooter.
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Now read the news of your need
IPO of Ather Energy has been opened from today: You can invest by 30 April, minimum investing ₹ 14,766
The IPO of Indian company Ather Energy, which produces electric two-wheelers, has been opened from Monday (April 28). Investors will be able to bid for this by 30 April. The issue price of this IPO has been fixed at ₹ 304- ₹ 321 per share. The company wants to raise ₹ 8,750 crore by selling 8.18 crore shares through this public issue.
Click here to read the full news …
Tomorrow, see who should be the top-10 richest in the world…
Know the condition of tomorrow's stock market and gold and silver …
Know the latest price of petrol-diesel and gas cylinders …
