Synopsis: Andhra Cement hit a 10% upper circuit, as the company’s promoter, Sagar Cements, made an announcement regarding the sale through the Offer for Sale (OFS) route of 8.14% OFS (75 lakh shares) to make the company eligible for SEBI MPS norms. The shares of this...
Synopsis: Vodafone Idea has been given a lifeline, as its AGR demand of Rs 87,695 crore is frozen and deferred to a distant future. Rather than receiving detrimental payouts in FY26, the payouts have been capped at Rs 124 crore for the duration of FY31. This gives...
Synopsis: Lodha Developers shares jumped with the company reporting a record Q3 FY26 pre-sale of Rs 56.2 billion (+25% YoY, +23% QoQ), marking 70% of FY26 guidance. A strong project pipeline of Rs 338 billion GDV led to Jefferies giving an upside of 48%. The shares...
Synopsis: Avro India stock gained attention after commissioning India’s largest flexible plastic recycling plant with Rs 25 crore capex, diversifying into regulated waste-to-wealth and offering recycled pellets up to 40% cheaper. The shares of this company, which...
Synopsis: Univastu India shares rose 5% after collaborating with Sweden-based URBS Systems through an MoU for constructing cloud and AI/HPC-ready data centres in Maharashtra. With an order book of Rs 1,009 crores, this step promises to take the company forward through...
Synopsis: The shares of Medicamen Biotech Ltd jumped 10% in two days following the approval of the EU registration for paracetamol from the Danish Medicines Authority. The clearance opens access to regulated European markets, strengthens its export-led growth...
Synopsis: AVG Logistics surged 9% on the declaration of foraying into the transportation of liquid chemicals through the rail mode. The newly introduced vertical ISO tank can ensure an annual revenue stream of Rs 22-24 crore per train, marking an addition to the...
Synopsis: Sattrix Information Security triggered a 5% upper circuit, as it was signed as a CrowdStrike Indirect Reseller Partner. The sharp move reflects investor optimism around the stock’s re-rating potential following the strategic cybersecurity alliance. The...
Synopsis: Tierra Agrotech soared by 8% intraday as the board took steps to consider an amalgamation with Nishpra Community Solutions. The amalgamation of the transferor entity into Tierra has boosted market mood regarding synergies. The shares of this company,...
Synopsis: Vardhman Polytex’s shares dipped 6%, as it revealed defaults of Rs 29.67 crore on its overall banking facilities worth Rs 55.67 crore. With half its loans stressed and its business largely funded by banks, sentiment among investors eroded despite...