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Transformer stock hits 5% upper circuit after FIIs buy stake in the company 

Transformer stock hits 5% upper circuit after FIIs buy stake in the company 

Shares of this small-cap stock, engaged in manufacture of Power, Furnace and Rectifier Transformers hit the upper price band and 52-week high on Tuesday after Societe Generale and prominent FIIs bought a stake in the company.  Price Movement  In Tuesday's trading session, Transformers & Rectifiers India Ltd share price reached a 52-week high of Rs.857.75 [...]
Smallcap stock jumps 8% after company forays into chemical business

Smallcap stock jumps 8% after company forays into chemical business

The Shares of this small-cap company, which manufactures, building blocks and AAC bricks surged nearly 8 percent in the day’s trade on plans to manufacture construction chemicals.  Share price variations:  With a market capitalization of Rs. 2,021.84 crores, BigBloc Construction Ltd. rose to an intraday high of Rs. 145.85 representing a 7.93 percent increase from [...]
Stock jumps after announcing JV for manufacturing semiconductor substrates PCBs

Stock jumps after announcing JV for manufacturing semiconductor substrates PCBs

During Tuesday’s trading session, the shares of this leading room air conditioner manufacturer surged 1.4 percent to Rs. 5,217.2 on BSE, after the company announced a joint venture (JV) with Korea Circuit for manufacturing Printed Circuit Boards (PCBs) in India.  With a market cap of Rs. 17,512.8 crores, the shares of Amber Enterprises India Limited [...]
Microcap stock jumps after it partners with Saudi based company for expansion

Microcap stock jumps after it partners with Saudi based company for expansion

Monopoly stock engaged in manufacturing mechanical seals and spares jumped nearly 3 percent after partnering with Saudi Thalate General Manufacturing Industrial Co Ltd (STG), for the company's expansion in Saudi Arabia.  Market Movement Shares of Sealmatic India Limited soared 2.5 percent during Monday’s trading session, reaching an intra-day high of Rs.595.00 per share from the [...]
Defence stock jumps 5% after receiving arms license for manufacturing defence equipments

Defence stock jumps 5% after receiving arms license for manufacturing defence equipments

Defence stock engaged in designing, developing, manufacturing, and testing a variety of defence and space engineering products jumped upto 5 percent in the day’s trade upon receiving a Licence under the Arms Act, for indigenous production, and upgradation of Defence weapon and guard systems.  Price Action  With a market capitalization of Rs. 4,354 Crores, the [...]
Smallcap stock jumps after company to acquire 100% stake in solar energy firm

Smallcap stock jumps after company to acquire 100% stake in solar energy firm

Shares of this flagship company of RP-Sanjiv Goenka Group in the business of electricity generation and distribution rose nearly 2 percent after an agreement to acquire a 100 percent stake in Deshraj Solar Energy Pvt. Ltd., a renewable energy company, through its subsidiary.  Share price variations:  With a market capitalization of Rs. 25,199.09 crores, CESC [...]