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NIfty Bank, or Bank Nifty is an index of a select set of bank stocks listed on the National Stock Exchange (NSE). It is one of the most important indices of the NSE with multiple ETFs, F&O and index funds based on it. Options and futures with the Nifty Bank index as the underlying asset have high trading volumes. Read on to learn more about how Nifty Bank is calculated and what are the overall trends in the index.
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| Company Name | LTP (₹) | CHG (₹) | CHG (%) | Today's High (₹) | Today's Low (₹) | Actions |
|---|---|---|---|---|---|---|
| Essar Shipping Ltd | 71.54 | 20.34 | 39.73 | 71.54 | 65.01 | buysell |
| Macpower CNC Machines Ltd | 1,575.50 | 275.60 | 21.20 | 1,575.50 | 1,430.10 | buysell |
| Supreme Engineering Ltd | 1.61 | 0.27 | 20.15 | 1.61 | 1.61 | buysell |
| Sharp Chucks and Machines Ltd | 132.70 | 20.70 | 18.48 | 136.40 | 130.55 | buysell |
| Shiva Texyarn Ltd | 196.13 | 28.83 | 17.23 | 205.00 | 192.10 | buysell |
| ISMT Ltd | 147.76 | 18.28 | 14.12 | 157.90 | 146.20 | buysell |
| Insecticides India Ltd | 799.80 | 84.40 | 11.80 | 809.00 | 715.00 | buysell |
| India Glycols Ltd | 1,003.10 | 86.85 | 9.48 | 1,022.30 | 993.00 | buysell |
| Natco Pharma Ltd | 1,281.45 | 97.40 | 8.23 | 1,305.00 | 1,208.40 | buysell |
| Indian Hume Pipe Company Ltd | 443.85 | 27.15 | 6.52 | 455.00 | 425.00 | buysell |
| Antony Waste Handling Cell Ltd | 620.35 | 36.85 | 6.32 | 625.00 | 602.05 | buysell |
| Persistent Systems Ltd | 4,820.45 | 261.90 | 5.75 | 4,873.15 | 4,762.65 | buysell |
| VL E-Governance & IT Solutions Ltd | 82.43 | 4.38 | 5.61 | 87.00 | 81.00 | buysell |
| Kotak IT ETF | 41.53 | 2.05 | 5.19 | 41.74 | 40.93 | buysell |
| IZMO Ltd | 501.05 | 24.55 | 5.15 | 518.85 | 498.15 | buysell |
| Sri Adhikari Brothers Television Network Ltd | 108.25 | 5.15 | 5.00 | 307.37 | 307.37 | buysell |
| AVSL Industries Ltd | 202.85 | 9.65 | 4.99 | 202.85 | 202.85 | buysell |
| Suven Pharmaceuticals Ltd | 858.60 | 39.65 | 4.84 | 878.00 | 838.80 | buysell |
| Nippon India ETF Nifty 50 Shariah BeES | 554.31 | 18.77 | 3.50 | 559.99 | 551.01 | buysell |
| Aurum PropTech Ltd Partly Paidup | 122.00 | 46.00 | 60.53 | 132.85 | 120.70 | buysell |
| Sylvan Plyboard (India) Ltd | 135.10 | 49.70 | 58.20 | 135.45 | 117.05 | buysell |
| Umang Dairies Ltd | 139.95 | 24.97 | 21.72 | 139.95 | 116.01 | buysell |
| DC Infotech & Communication Ltd | 399.52 | 70.81 | 21.54 | 399.52 | 390.00 | buysell |
| Anik Industries Ltd | 67.98 | 11.98 | 21.39 | 72.18 | 66.50 | buysell |
| TV Vision Ltd | 10.16 | 1.78 | 21.24 | 10.16 | 10.12 | buysell |
| Siddhika Coatings Ltd | 338.45 | 58.45 | 20.88 | 338.45 | 336.85 | buysell |
| Chennai Petroleum Corporation Ltd | 1,212.10 | 204.80 | 20.33 | 1,275.00 | 1,097.30 | buysell |
| Tirupati Forge Ltd | 32.72 | 4.44 | 15.70 | 32.06 | 32.06 | buysell |
| B.L.Kashyap & Sons Ltd | 107.97 | 9.70 | 9.87 | 110.29 | 101.79 | buysell |
| LCC Infotech Ltd | 2.40 | 0.20 | 9.09 | 4.87 | 4.87 | buysell |
| Aadhar Housing Finance Ltd | 457.05 | 37.15 | 8.85 | 472.40 | 447.85 | buysell |
| Hercules Hoists Ltd | 640.95 | 51.60 | 8.76 | 655.90 | 638.50 | buysell |
| Oil & Natural Gas Corpn Ltd | 322.65 | 24.50 | 8.22 | 327.60 | 319.75 | buysell |
| Sotac Pharmaceuticals Ltd | 189.05 | 13.05 | 7.41 | 190.00 | 178.00 | buysell |
| Mangalam Global Enterprise Ltd | 29.14 | 1.88 | 6.90 | 30.43 | 28.00 | buysell |
| UTI Asset Management Company Ltd | 1,107.80 | 68.85 | 6.63 | 1,112.00 | 1,073.05 | buysell |
| Aditya Birla Sun Life Nifty IT ETF | 41.04 | 2.20 | 5.66 | 42.13 | 40.09 | buysell |
| Petronet LNG Ltd | 351.40 | 18.60 | 5.59 | 355.75 | 348.45 | buysell |
| National Fertilizer Ltd | 153.67 | 7.01 | 4.78 | 162.78 | 152.03 | buysell |
| Wipro Ltd | 559.70 | 24.15 | 4.51 | 562.60 | 556.40 | buysell |
| Ganesha Ecosphere Ltd | 1,532.15 | 48.20 | 3.25 | 1,560.00 | 1,520.10 | buysell |
| Keynote Financial Services Ltd | 308.30 | 113.14 | 57.97 | 308.30 | 283.00 | buysell |
| Mukka Proteins Ltd | 54.22 | 19.36 | 55.54 | 56.56 | 49.50 | buysell |
| IFCI Ltd | 74.12 | 12.52 | 20.32 | 78.40 | 73.52 | buysell |
| Career Point Ltd | 458.95 | 64.55 | 16.37 | 474.95 | 450.10 | buysell |
| Dhani Services Ltd | 60.83 | 7.45 | 13.96 | 62.26 | 58.06 | buysell |
| Lux Industries Ltd | 1,973.65 | 213.95 | 12.16 | 2,024.80 | 1,950.00 | buysell |
| Cantabil Retail India Ltd | 292.90 | 29.84 | 11.34 | 299.98 | 290.31 | buysell |
| Dodla Dairy Ltd | 1,213.20 | 116.80 | 10.65 | 1,227.85 | 1,157.05 | buysell |
| Ponni Sugars (Erode) Ltd | 569.95 | 53.05 | 10.26 | 587.95 | 561.25 | buysell |
| HEC Infra Projects Ltd | 131.49 | 11.83 | 9.89 | 137.00 | 131.49 | buysell |
| GP Eco Solutions India Ltd | 413.05 | 36.80 | 9.78 | 449.85 | 410.00 | buysell |
| NOCIL Ltd | 313.35 | 24.60 | 8.52 | 319.00 | 292.35 | buysell |
| Asian Energy Services Ltd | 356.15 | 27.05 | 8.22 | 357.80 | 336.30 | buysell |
| Engineers India Ltd | 281.45 | 19.20 | 7.32 | 291.00 | 279.00 | buysell |
| Hester Biosciences Ltd | 2,865.15 | 192.05 | 7.18 | 2,875.00 | 2,772.25 | buysell |
| Godrej Agrovet Ltd | 855.85 | 55.80 | 6.97 | 870.00 | 842.40 | buysell |
| Railtel Corporation of India Ltd | 556.20 | 34.00 | 6.51 | 578.05 | 551.30 | buysell |
| Selan Explorations Technology Ltd | 767.00 | 46.75 | 6.49 | 818.00 | 756.50 | buysell |
| Zensar Technologies Ltd | 779.20 | 44.50 | 6.06 | 803.75 | 775.10 | buysell |
| S P Apparels Ltd | 843.40 | 47.50 | 5.97 | 866.30 | 827.55 | buysell |
| Time Technoplast Ltd | 346.50 | 19.50 | 5.96 | 362.50 | 334.55 | buysell |
| Welspun Living Ltd | 174.27 | 8.75 | 5.29 | 175.00 | 169.81 | buysell |
| Shanthi Gears Ltd | 681.75 | 33.45 | 5.16 | 699.40 | 657.70 | buysell |
| Winny Immigration & Education Services Ltd | 299.95 | 14.55 | 5.10 | 317.00 | 292.00 | buysell |
| Ujaas Energy Ltd | 288.77 | 13.75 | 5.00 | 288.77 | 288.77 | buysell |
| BPL Ltd | 136.14 | 5.84 | 4.48 | 144.80 | 135.12 | buysell |
| Tribhovandas Bhimji Zaveri Ltd | 142.53 | 6.06 | 4.44 | 146.50 | 140.80 | buysell |
| HDFC S & P BSE 500 ETF | 38.45 | 1.58 | 4.29 | 38.50 | 37.55 | buysell |
| Sona BLW Precision Forgings Ltd | 714.15 | 24.20 | 3.51 | 731.10 | 708.50 | buysell |
| Marico Ltd | 667.35 | 21.25 | 3.29 | 672.90 | 652.95 | buysell |
| Nifty India Digital Index | 8,776.40 | 257.25 | 3.02 | 8,851.80 | 8,760.80 | buysell |
| Mahanagar Telephone Nigam Ltd | 53.40 | 11.60 | 27.75 | 55.73 | 50.02 | buysell |
| Mindteck (India) Ltd | 386.95 | 68.05 | 21.34 | 411.00 | 367.00 | buysell |
| Power Mech Projects Ltd | 5,943.55 | 690.30 | 13.14 | 5,970.00 | 5,865.00 | buysell |
| Stanley Lifestyles Ltd | 592.85 | 61.05 | 11.48 | 599.70 | 581.30 | buysell |
| HBL Power Systems Ltd | 638.05 | 61.45 | 10.66 | 684.65 | 631.00 | buysell |
| Sunteck Realty Ltd | 630.05 | 59.15 | 10.36 | 699.00 | 606.20 | buysell |
| Indian Renewable Energy Development Agency Ltd | 272.08 | 24.80 | 10.03 | 288.70 | 270.20 | buysell |
| Cambridge Technology Enterprises Ltd | 137.20 | 11.38 | 9.04 | 137.70 | 137.20 | buysell |
| Rallis India Ltd | 352.15 | 24.70 | 7.54 | 357.35 | 347.00 | buysell |
| Balu Forge Industries Ltd | 410.40 | 28.75 | 7.53 | 427.00 | 407.25 | buysell |
| ICICI Prudential IT ETF | 41.73 | 2.02 | 5.09 | 41.85 | 41.23 | buysell |
| DSP Nifty IT ETF | 39.82 | 1.91 | 5.04 | 39.94 | 39.20 | buysell |
| Vardhman Textiles Ltd | 558.30 | 26.65 | 5.01 | 569.30 | 542.20 | buysell |
| Shekhawati Poly-Yarn Ltd | 2.10 | 0.10 | 5.00 | 5.41 | 5.41 | buysell |
| Apar Industries Ltd | 9,028.30 | 344.25 | 3.96 | 9,098.80 | 8,830.00 | buysell |
| Federal Bank Ltd | 195.35 | 6.69 | 3.55 | 195.93 | 193.42 | buysell |
| Arvind & Company Shipping Agencies Ltd | 78.60 | 26.60 | 51.15 | 94.40 | 78.60 | buysell |
| AMJ Land Holdings Ltd | 61.64 | 13.61 | 28.34 | 62.75 | 58.20 | buysell |
| HPL Electric & Power Ltd | 598.30 | 129.60 | 27.65 | 625.00 | 590.05 | buysell |
| Artemis Medicare Services Ltd | 229.02 | 40.96 | 21.78 | 241.04 | 225.36 | buysell |
| Indo Tech Transformers Ltd | 2,015.60 | 357.00 | 21.52 | 2,015.60 | 1,836.25 | buysell |
| Madhucon Projects Ltd | 19.65 | 3.45 | 21.30 | 19.65 | 19.65 | buysell |
| Oil India Ltd | 618.50 | 105.65 | 20.60 | 640.00 | 615.00 | buysell |
| Intense Technologies Ltd | 175.38 | 26.80 | 18.04 | 175.38 | 161.23 | buysell |
| Nava Ltd | 846.55 | 110.80 | 15.06 | 850.00 | 791.55 | buysell |
| Avonmore Capital & Management Services Ltd | 14.48 | 1.48 | 11.38 | 14.66 | 14.16 | buysell |
| Kandarp Digi Smart BPO Ltd | 36.60 | 3.70 | 11.25 | 38.25 | 35.30 | buysell |
| Hatsun Agro Product Ltd | 1,234.45 | 123.20 | 11.09 | 1,400.00 | 1,226.00 | buysell |
| V2 Retail Ltd | 782.40 | 75.35 | 10.66 | 817.00 | 774.00 | buysell |
| Castrol India Ltd | 270.61 | 19.00 | 7.55 | 277.69 | 266.51 | buysell |
| Latent View Analytics Ltd | 557.50 | 37.85 | 7.28 | 575.00 | 550.10 | buysell |
| Allied Digital Services Ltd | 227.84 | 14.42 | 6.76 | 254.00 | 223.47 | buysell |
| Almondz Global Securities Ltd | 153.31 | 9.28 | 6.44 | 163.62 | 151.65 | buysell |
| MOS Utility Ltd | 205.10 | 10.00 | 5.13 | 213.40 | 200.00 | buysell |
| Kavveri Telecom Products Ltd | 17.73 | 0.84 | 4.97 | 27.27 | 27.27 | buysell |
| JBF Industries Ltd | 4.30 | 0.20 | 4.88 | 4.30 | 4.30 | buysell |
| Infosys Ltd | 1,726.05 | 77.80 | 4.72 | 1,737.90 | 1,700.00 | buysell |
| Manappuram Finance Ltd | 220.63 | 8.12 | 3.82 | 223.90 | 219.18 | buysell |
| Hindustan Unilever Ltd | 2,688.45 | 78.00 | 2.99 | 2,725.00 | 2,624.55 | buysell |
| Servotech Power Systems Ltd | 123.21 | 28.49 | 30.08 | 129.81 | 120.37 | buysell |
| Marine Electricals (India) Ltd | 264.26 | 46.84 | 21.54 | 264.26 | 264.26 | buysell |
| Shipping Corporation of India Ltd | 323.85 | 48.70 | 17.70 | 341.00 | 322.20 | buysell |
| Geojit Financial Services Ltd | 117.67 | 17.04 | 16.93 | 125.50 | 116.50 | buysell |
| Uravi T and Wedge Lamps Ltd | 643.55 | 87.70 | 15.78 | 643.55 | 605.00 | buysell |
| Wanbury Ltd | 192.31 | 25.87 | 15.54 | 202.29 | 184.35 | buysell |
| Nitin Spinners Ltd | 399.50 | 47.20 | 13.40 | 417.60 | 382.20 | buysell |
| Universal Cables Ltd | 889.35 | 95.55 | 12.04 | 904.85 | 862.00 | buysell |
| Enser Communications Ltd | 203.20 | 20.25 | 11.07 | 203.20 | 203.00 | buysell |
| Styrenix Performance Materials Ltd | 2,576.35 | 241.95 | 10.36 | 2,731.20 | 2,540.00 | buysell |
| Alembic Pharmaceuticals Ltd | 1,083.45 | 98.45 | 9.99 | 1,119.00 | 989.10 | buysell |
| KPIT Technologies Ltd | 1,868.70 | 167.50 | 9.85 | 1,885.85 | 1,817.25 | buysell |
| Pritish Nandy Communications Ltd | 72.94 | 6.19 | 9.27 | 76.95 | 70.35 | buysell |
| PC Jeweller Ltd | 72.34 | 6.00 | 9.04 | 73.20 | 71.60 | buysell |
| Aditya Birla Sun Life AMC Ltd | 707.60 | 52.00 | 7.93 | 718.00 | 703.55 | buysell |
| Neuland Laboratories Ltd | 8,482.30 | 561.90 | 7.09 | 8,628.00 | 8,403.85 | buysell |
| NLC India Ltd | 293.06 | 16.45 | 5.95 | 311.80 | 290.10 | buysell |
| Axis Nifty IT ETF | 416.77 | 21.76 | 5.51 | 420.00 | 409.07 | buysell |
| AWFIS Space Solutions Ltd | 631.55 | 31.20 | 5.20 | 637.40 | 615.55 | buysell |
| Viceroy Hotels Ltd | 126.74 | 6.03 | 5.00 | 126.74 | 126.45 | buysell |
| Ahimsa Industries Ltd | 21.75 | 1.00 | 4.82 | 21.75 | 21.75 | buysell |
| Sarda Energy & Minerals Ltd | 285.59 | 12.68 | 4.65 | 293.00 | 270.63 | buysell |
| Inox Wind Energy Ltd | 7,978.80 | 335.50 | 4.39 | 8,348.80 | 7,929.55 | buysell |
| SBI Life Insurance Company Ltd | 1,621.35 | 62.55 | 4.01 | 1,639.60 | 1,592.20 | buysell |
| Tech Mahindra Ltd | 1,516.20 | 52.85 | 3.61 | 1,519.00 | 1,489.10 | buysell |
| Sun TV Network Ltd | 806.80 | 26.20 | 3.36 | 818.00 | 804.00 | buysell |
| Nephro Care India Ltd | 252.45 | 44.70 | 21.52 | 252.45 | 252.45 | buysell |
| Globe Textiles (India) Ltd | 5.03 | 0.89 | 21.50 | 5.06 | 4.60 | buysell |
| Eimco Elecon (India) Ltd | 2,892.40 | 462.00 | 19.01 | 2,892.40 | 2,621.00 | buysell |
| Pix Transmission Ltd | 1,569.05 | 211.50 | 15.58 | 1,710.00 | 1,552.50 | buysell |
| Sportking India Ltd | 1,059.05 | 135.15 | 14.63 | 1,140.35 | 950.00 | buysell |
| Alembic Ltd | 154.13 | 15.62 | 11.28 | 155.80 | 145.25 | buysell |
| GMR Power & Urban Infra Ltd | 102.93 | 9.36 | 10.00 | 106.85 | 102.00 | buysell |
| Oracle Financial Services Software Ltd | 11,092.60 | 842.10 | 8.22 | 11,240.00 | 10,925.00 | buysell |
| Mallcom (India) Ltd | 1,379.60 | 100.05 | 7.82 | 1,426.00 | 1,361.00 | buysell |
| Ind-Swift Laboratories Ltd | 141.90 | 9.00 | 6.77 | 145.88 | 141.21 | buysell |
| Blue Dart Express Ltd | 8,935.20 | 543.45 | 6.48 | 8,980.00 | 8,495.05 | buysell |
| ISGEC Heavy Engineering Ltd | 1,491.60 | 90.60 | 6.47 | 1,504.90 | 1,459.95 | buysell |
| Prudent Corporate Advisory Services Ltd | 2,100.50 | 103.35 | 5.17 | 2,130.00 | 2,045.05 | buysell |
| Nippon India ETF Nifty IT | 41.79 | 2.04 | 5.13 | 42.00 | 41.33 | buysell |
| SBI ETF IT | 417.08 | 18.79 | 4.72 | 419.90 | 412.25 | buysell |
| Le Merite Exports Ltd | 152.70 | 6.20 | 4.23 | 154.40 | 151.00 | buysell |
| Nifty Oil & Gas | 13,090.45 | 449.55 | 3.56 | 13,194.45 | 13,072.60 | buysell |
| R M Drip & Sprinklers Systems Ltd | 160.00 | 5.00 | 3.23 | 160.00 | 156.50 | buysell |
| Nippon India ETF Nifty Dividend Opportunities 50 | 84.69 | 2.53 | 3.08 | 85.97 | 81.95 | buysell |
| HMT Ltd | 96.92 | 17.16 | 21.51 | 96.92 | 95.00 | buysell |
| Tips Industries Ltd | 589.00 | 96.65 | 19.63 | 595.95 | 570.35 | buysell |
| Kellton Tech Solutions Ltd | 163.89 | 26.50 | 19.29 | 180.00 | 163.89 | buysell |
| Swaraj Suiting Ltd | 322.40 | 52.10 | 19.27 | 322.90 | 307.60 | buysell |
| Shipping Corporation of India Land & Assets Ltd | 101.88 | 16.02 | 18.66 | 104.30 | 100.55 | buysell |
| Network People Services Technologies Ltd | 2,105.80 | 327.45 | 18.41 | 2,270.00 | 2,060.25 | buysell |
| RPG Life Sciences Ltd | 1,827.25 | 269.20 | 17.28 | 1,850.00 | 1,645.55 | buysell |
| Mason Infratech Ltd | 137.05 | 19.55 | 16.64 | 149.00 | 132.10 | buysell |
| Pearl Global Industries Ltd | 833.00 | 106.05 | 14.59 | 844.75 | 770.85 | buysell |
| Inspirisys Solutions Ltd | 147.91 | 18.59 | 14.38 | 147.91 | 143.10 | buysell |
| Goldkart Jewels Ltd | 121.20 | 12.80 | 11.81 | 121.50 | 120.00 | buysell |
| Godfrey Phillips India Ltd | 4,439.85 | 442.20 | 11.06 | 4,748.80 | 4,411.15 | buysell |
| Nila Infrastructures Ltd | 13.56 | 1.21 | 9.80 | 14.81 | 13.56 | buysell |
| India Cements Ltd | 323.15 | 27.30 | 9.23 | 324.70 | 308.60 | buysell |
| Platinum Industries Ltd | 254.61 | 17.59 | 7.42 | 269.39 | 253.26 | buysell |
| Refex Industries Ltd | 227.68 | 13.23 | 6.17 | 237.00 | 222.00 | buysell |
| SEAMEC Ltd | 1,525.80 | 85.25 | 5.92 | 1,571.40 | 1,515.10 | buysell |
| Triveni Engineering and Industries Ltd | 420.50 | 20.30 | 5.07 | 428.00 | 417.35 | buysell |
| Nifty IT | 39,141.50 | 1860.75 | 4.99 | 39,280.00 | 38,730.55 | buysell |
| Motilal Oswal Nasdaq Q 50 ETF | 76.65 | 3.64 | 4.99 | 76.65 | 75.74 | buysell |
| H.G. Infra Engineering Ltd | 1,780.45 | 81.20 | 4.78 | 1,879.90 | 1,700.00 | buysell |
| Indian Railway Finance Corporation Ltd | 212.11 | 8.40 | 4.12 | 221.30 | 211.32 | buysell |
| LIC Housing Finance Ltd | 807.00 | 27.15 | 3.48 | 826.75 | 801.60 | buysell |
Commodity, security and stock prices all fluctuate and reach their peaks and troughs at different times in the market. The 52-week high NSE (National Stock Exchange) is a figure that represents security, bond, or stock's highest price on the NSE over the previous 52 weeks. Investors use the 52-week high NSE to determine a stock's current value and forecast future price movement. As a result, investors are more likely to buy a stock's price near the high end of its 52-week price range. The 52-week price range is defined as the span between the 52-week high NSE and the 52-week low NSE
Price approaching the 52-week high NSE can be interpreted in two different ways. Some may assume that the price being closer to the 52-week high is a sign of overvalued stocks and may decide against buying them. On the other hand, the sellers take this as an opportunity to sell their holdings and book profits. Apart from being the decisive factor in the entry and exit point of stock investment, the 52-week high NSE also provides the level of resistance for the price. A resistance level is a point (ceiling) beyond which the stock price is unlikely to rise further. That is the price at which the market for a particular stock has more sellers than buyers. The 52-week high NSE for a company is calculated basis the last traded price (closing price) every day. If stock price crossed the 52-week high benchmark during the trading hours but failed to maintain the level and fell below the mark at the end of the day, the benchmark is not breached. Instead, the same 52-week high prevails.
A 52-week high is the highest price a stock or security has traded in over a period of 52 weeks or a year. On National Stock Exchange (NSE), the list of 52-week high stocks consists of those stocks listed on the exchange that have been traded or bought and sold at their highest price over the last 52 weeks.
The 52-week high on the NSE is determined by the highest price reached by a stock over the last 52 weeks. The 52-week high is calculated using the closing price of the stock every day in that period.
The 52-week high price is the highest price level at which the stock has traded over the last 52 weeks. This is a crucial level and the investors’ interest tends to be higher here. This level should be considered alongside other fundamental and technical factors, risks and future outlooks before making any trading decision.
Tracking the NSE 52-week high helps in analyzing market performance, and market trends, setting stock price targets, and monitoring market volatility.
In a regulatory filing, the company has informed exchanges that it has bagged Single Largest Order of 2104 Fully Built Buses from Maharashtra State Road Transport Corporation. This order is for Supply of BSVI OBD II Diesel Fuel Type Fully Built Passenger Bus. The said order is to be executed over August 2024-August 2025 with total order value pegged at ₹ 982 crore (i.e. ₹ 46.6 lakh/unit).
Ministry of Civil Aviation announces the implementation of a uniform IGST rate of 5% on all aircraft and aircraft engine parts, effective from 15th July 2024. Earlier, IGST rates on all aircraft & engine parts were ranging from 5%-28%. The decision taken is to boost the MRO (maintenance, repair & overhaul) industry as it aims to reduce operational costs, resolving tax credit issues, and attracting investment.
