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Smallcap stock down after promoters sells 3% stake at an average of ₹755.77 per share

Smallcap stock down after promoters sells 3% stake at an average of ₹755.77 per share

Shares of this small-cap company, specializing in Geographical Information Services, fell over 4 percent on Monday to Rs.755.20 per share after, promoter Kadam Holding sold a 3 percent stake in the company.  Price Movement  In Monday’s trading session, Genesys International Corporation Limited's share price dropped to an intraday low of Rs.755.20 per share, down 4.3 [...]
Defence stock in focus after receiving work order to supply Navigational and  Radar Systems

Defence stock in focus after receiving work order to supply Navigational and Radar Systems

Defence stock engaged in the manufacturing and sale of all types of marine and industrial electrical & electronic components in focus upon receiving new work orders worth Rs. 5.13 Crores to supply Navigational and COTS Radar Systems.  Price Action  With a market capitalization of Rs. 2,994.91 Crores, the shares of Marine Electricals Limited hit a [...]
Logistic stock jumps 3% after receiving ₹300 Cr investment in its subsidiary

Logistic stock jumps 3% after receiving ₹300 Cr investment in its subsidiary

Shares of this small-cap logistics company, which offers services for the oil, gas, chemicals, and petrochemical sectors, jumped over 3 percent on Monday morning following an Rs.300 crore investment in its subsidiary, Aegis Vopak Terminals Limited (ATVL), through a preferential allotment.  Price Movement  During Monday’s trading session, Aegis Logistics Ltd's stock reached a peak of [...]
Defence stock jumps 14% after partnership with Mitsubishi to supply thermal power turbine engines

Defence stock jumps 14% after partnership with Mitsubishi to supply thermal power turbine engines

Shares of this small-cap defense stock, which specializes in aerospace components and turbine services, surged over 14 percent on Monday morning. The rise followed the announcement of a Long-Term Contract and Price Agreement (LTCPA) with Mitsubishi Heavy Industries Limited (MHI) of Japan for the supply of sophisticated rotating and stationary airfoils for advanced gas and [...]