Deciding two connected writ petitions arising from a common Industrial Tribunal Award, the Delhi High Court set aside the Tribunal's direction granting hotel workmen a further…
Labour Laws
06/09/20264 min read
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Informative
This PSU upstream oil stock has zoomed 209% thus far in calendar year 2024
Update / Judgement Date
30 Aug 2024
Source
Author
Team — WCP Legal Desk
Reading Time
1 min read
PSU's AND Govt. UndertakingsStock Market
A public sector undertaking (PSU) in the upstream oil sector has seen its stock price surge by 209% in the calendar year 2024. This remarkable increase is attributed to favorable global oil prices, strong financial performance, and positive market sentiment. The stock's performance reflects broader trends in the oil industry and investor confidence in the sector's recovery and growth prospects. The surge also highlights the impact of global economic factors on PSU stocks.
