The shares of Dishman Carbogen Amcis Limited, a Contract Research, and Manufacturing Services (CRAMS) provider, opened at Rs 109.30 levels only to gain as much as 13 percent to reach an intra-day high of Rs 124.40 on Tuesday. After posting its December quarter results, the stock has gained as much as 40 percent in just [...]
Tata Motors Limited, the largest Electric Vehicle (EV) maker in India has entered into an agreement with the US-based company Uber, India’s leading ridesharing platform, to supply 25,000 of its X-Pres-T electric sedans. This is the largest electric vehicle order in India so far. The Tata group company is expected to deliver the order over [...]
The shares of the construction and infrastructure development company, Dilip Buildcon Ltd were trading at Rs Rs 207 levels in the early hours of Tuesday. The scrip was in focus after the company bagged an order worth Rs 1,947.06 Crore. The company, through Dilip Buildcon Limited - Skyway Infraprojects Pvt. Ltd has received a letter [...]
The country’s biggest institutional investor Life Insurance Corporation of India (LIC) is known to hold high stakes in Indian companies. Every quarter, the insurer publishes the list of stocks in which it has either increased or decreased its holdings. Here are 3 stocks bought by Life Insurance Corporation of India in Q3: Coforge Limited Coforge [...]
Nibe Limited, a company that has a presence across verticals that include Information Technology, E-vehicles, and Defence, saw its shares jump by more than 3 percent in the early hours of Monday to reach a new 52-week high of Rs 413.90. The Company has received three purchase orders from Dymac Global Limited for the manufacturing [...]
Automotive company Samvardhana Motherson International’s shares zoomed 5.7% to reach an intraday high of ₹ 84.25 apiece after the company announced the acquisition of Germany-based SAS Autosystemtechnik through its step-down subsidiary Samvardhana Motherson Automotive Systems Group B.V., Netherlands. At 01:11 PM on Monday, Samvardhana Motherson International share was quoting at ₹ 82.25 apiece and 2.49 [...]
Pennar Industries, a leading value-added engineering products and solutions company has bagged orders worth ₹ 851 crores across its various business verticals. Following the news, its share price zoomed 8.37% to reach an intraday high of ₹ 79.65 apiece on the National Stock Exchange (NSE). According to the exchange filing, the company received these orders [...]
Domestic benchmark gauges started the week with marginal gains. The 30-share BSE Sensex was trading 0.049% higher at 61036.58 points, while the 50-share NSE Nifty 50 was quoting at 17,936.65 points, down 0.042% at 11:43 AM on Monday. Financial and FMCG shares were trading in the green, but metal and mining shares traded with losses. [...]
The shares of Lumax AutoTechnologies Limited gained as much as 10 percent in the early hours of Monday and were trading at Rs 239 levels after the company announced an acquisition and its quarterly results. The company has signed an agreement to acquire a majority stake in IAC International Automotive India Private Limited from the [...]
Kriti Industries India Limited, a reputed manufacturer of plastic polymer piping systems, saw its shares open at Rs 94 levels and gain as much as 18 percent to reach an intra-day high of Rs 110.15 levels. The company is engaged in the manufacturing of premium quality piping products and solutions, accessories, gas pipes, telecom ducts, [...]
