Promoters reducing their stake in the company can be triggered by various reasons. It can be for fundraising, regulatory requirements, exit strategy, Changes in the Promoter's Vision or Strategy, investment opportunities and much more. Reducing promoter stake does not always signal a negative outlook for the company, but it is important for investors to assess [...]
Shares of this small-cap company, primarily focused on express distribution and supply chain solutions, surged nearly 5 percent after announcing a 10.2 percent average General Price Increase (GPI) effective from January 1, 2025, for its Express Distribution services. Share Price Movement In Thursday’s trading session, Allcargo Gati Ltd shares reached an intra-day high of Rs.119.9 [...]
The shares of the consultancy service provider gained up to 18 percent after the company received SEBI Approval for 'ImpactR SM-REIT'. With a market capitalization of Rs 393.93 crore, the shares of Rudrabhishek Enterprises Ltd were trading at Rs 227.15 per share, increasing around 17 percent as compared to the previous closing price of Rs [...]
During Thursday’s trading session, the shares of one of the top 3 laminate manufacturers in the world surged nearly 5 percent to Rs. 540.15 on BSE, after the company announced incorporating a subsidiary in Bangladesh. With a market capitalisation of Rs. 6,492.2 crores, the shares of Greenlam Industries Limited opened at Rs. 540.15, compared to [...]
This Adani company, one of the largest in the renewable energy sector, surged following the acquisition of a 2.96 percent equity stake by promoter entities Hibiscus Trade and Investment and Ardour Investment Holding. Share Price Movement In Thursday’s trading session, Adani Green Energy Ltd shares climbed 1.2 percent to an intra-day high of Rs.2,091.85 per [...]
The shares of this smallcap company jumped upto 2 percent in Thursday’s trading session after receiving an order worth Rs. 3.45 crores from Bharat Electronics. Price Movement: With a market capitalization of Rs. 4,245 crores, the shares of Avantel Ltd started Thursday’s trading session on a flatter note at Rs. 177.70 compared to its previous [...]
Stock held by Vijay Kedia engaged in providing robotic and automation solutions for Industrial Automation and many others jumped upto 10 percent in the day’s trade following NSE approval for the migration of trading company’s shares from SME to mainboard of NSE. Price Action With a market capitalization of Rs. 736 Crores, the shares of [...]
During Thursday’s trading session, the shares of India's largest private sector bank surged 0.2 percent to Rs. 1,782.75 on BSE, after UBS Principal Capital Asia Limited bought shares worth nearly Rs. 543 crores in the company via a block deal on BSE. With a market capitalisation of Rs. 13.5 lakh crores, the shares of HDFC [...]
The shares of this smallcap company surged upto 6 percent in Thursday’s trading session after announcing the acquisition of a controlling stake in an information technology services company. The stock has delivered more than 60 percent in just six months. Price Movement: With a market capitalization of Rs. 5,504 crores, the shares of Zaggle Prepaid [...]
Multibagger stock engaged in the mining of rough stones and manufacturing of aggregates and manufacture-sand, providing EPC and other services jumped upto 6 percent in the day’s trade following the expansion of business operations by acquiring a stone quarry. Price Action With a market capitalization of Rs. 937 Crores, the shares of Vishnusurya Projects and [...]
