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Microcap stock jumps 5% after it announces to acquire additional stake in Varadda Overseas

Microcap stock jumps 5% after it announces to acquire additional stake in Varadda Overseas

The shares of a Micro-Cap company, specializing in online retail of fashion, lifestyle, beauty, and wellness products, jumped upto 5 percent following the acquisition of the additional stake in  Varadda Overseas. Price action With a market capitalization of Rs. 174.47 Crores on Tuesday, the shares of Womancart Limited jumped upto 4.6 percent, making a high [...]
Stock in focus after Foreign ownership capped at 49.5%; Outflow of $700 million expected

Stock in focus after Foreign ownership capped at 49.5%; Outflow of $700 million expected

A leading food delivery stock is in the spotlight after it proposed to lower its foreign ownership limit from 75 percent to 49.5 percent. The move, currently up for shareholder approval, could trigger passive outflows of nearly $700 million due to potential changes in MSCI and FTSE index weightages. Price Movement During Tuesday's trading session, [...]
Midcap stock jumps after Co. announces acquisition of UBS India wealth business for ₹307 Cr

Midcap stock jumps after Co. announces acquisition of UBS India wealth business for ₹307 Cr

A Leading Indian wealth management firm has announced its plan to acquire the onshore India wealth business of UBS AG through its subsidiaries for a net consideration of ₹307 crore. UBS, in return, will also purchase warrants amounting to a 4.95% stake in this company Price action 360 ONE WAM Ltd, an Indian wealth management [...]
Solar stock hits upper circuit after receiving order from ONGC for solar power project

Solar stock hits upper circuit after receiving order from ONGC for solar power project

The shares of the Penny stock specializing in providing integrated solar information technology (IT) solutions hit a 2 percent upper circuit upon receiving a work order from ONGC for solar and Energy Efficiency Services. Price action With a market capitalization of Rs. 34.57 crores on Tuesday, the shares of Ahasolar Technologies Limited hit a 2 [...]
Microcap stock jumps 5% after it announces to acquire additional stake in Varadda Overseas

Stock hits 5% upper circuit after receiving Punjab Govt approval to establish manufacturing facility

A micro-cap stock hit the 5% upper circuit limit after securing approval from Government of Punjab’s Department of Industries & Commerce for a new manufacturing unit under the government’s ‘Make in India’ initiative. This move is expected to strengthen the company’s production capabilities and contribute to the growth of domestic manufacturing. Price Movement During Tuesday's [...]
Can Paytm bounce back to ₹1000 after slashing margin trading interest rates and brokerage fees?

Can Paytm bounce back to ₹1000 after slashing margin trading interest rates and brokerage fees?

Paytm shares rose nearly 3 percent on Tuesday after the company’s investment platform, Paytm Money, announced a sharp cut in interest rates and a revision in brokerage charges for its Margin Trading Facility (MTF). The move has sparked fresh optimism among investors, raising the question — can Paytm stage a comeback with these strategic changes? [...]
6 Best performing stocks with strong returns of up to 103% in the last 1 Month; Do you own any?

6 Best performing stocks with strong returns of up to 103% in the last 1 Month; Do you own any?

The stock market can be highly volatile, with some stocks experiencing remarkable gains over short periods. In the last month, several stocks have delivered impressive returns, showcasing their strong performance amidst market fluctuations.  Investors who managed to identify these high-performing stocks have seen returns as high as 96 percent. This list highlights some of the [...]
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