The shares of this smallcap company jumped around 6 percent in Tuesday’s trading session after acquiring Axis CNC machines to enhance its Railways, Defence, and Aerospace segment. In just six months the stock has delivered more than a 200 percent return to its shareholders. Price Movement: With a market capitalization of Rs. 8,852 crores, the [...]
During Tuesday’s trading session, the shares of one of the leading jewellery companies in India surged nearly 3.8 percent to Rs. 2,715 on BSE, despite ace investor Ashish Kacholia selling a 0.56 percent stake worth nearly Rs. 20 crores in the company via a bulk deal on NSE. With a market capitalisation of Rs. 3,556.8 [...]
Stock engaged in designing and manufacturing high-precision & heavy-duty mechanical seals that are widely employed in various power plant applications both nuclear & thermal jumped upto 6 percent in the day’s trade upon receving new work order from BHEL for mechanical seals for a supercritical power plant. Price action With a market capitalization of Rs. [...]
Sensex and Nifty 50 opened slightly lower on Tuesday’s trading session, but soon hit record highs driven by gains in metal and energy stocks. Since the US Fed's 50 basis point rate cut, the Nifty has been hitting new highs, driven by optimism in global markets. Nifty reached a record high of 25,981.50, while Sensex [...]
Shares of this large-cap infrastructure company are attracting investor focus following the acquisition of several major contracts in Middle Eastern countries for the establishment of substations and transmission lines for interconnected electricity networks. Share Price Movement In Tuesday’s trading session, the share price of Larsen & Toubro (L&T) gained more than 1 percent reaching an [...]
The shares of the small -cap retail fashion stock touched 5% upper circuit after Motilal Oswal Mutual Funds bought a 2.12% stake in the company. Share price variations: With a market capitalization of Rs. 4,232.7 crores, the shares of V2 Retail Limited hit its upper price band of 5% in NSE on Tuesday at Rs. [...]
Qualified Institutional Placement (QIP) is defined as the allotment of securities by publicly listed companies in India to Qualified Institutional Buyers (QIBs) on a private placement basis. This method allows companies to raise funds more quickly and with less regulatory burden compared to traditional methods like Initial Public Offerings (IPOs) or Follow-on Public Offers (FPOs). [...]
Infra stock engaged in providing Engineering, Procurement, and Construction (EPC) services catering to roads, metros, highways, and other infrastructure projects across India jumped upto 6 percent in the day’s trade upon receiving a new work order worth Rs. 904 Crores from MMRCL. Price action With a market capitalization of Rs. 16,631 Crores, the shares of [...]
The shares of the leading BPM services provider gained up to 7 percent after the company announced the strategic acquisition of Ascensos Limited worth GBP 42 million. With a market capitalization of Rs 23,084.34 crore, the shares of Firstsource Solutions Ltd were trading at Rs 331.20 per share, increasing around 5.19 percent as compared to [...]
The shares of this smallcap company surged around 6 percent in Tuesday’s trading session after Vijay Kedia through Kedia Securities Private Ltd bought a stake in the company. In six months the stock has delivered more than a 20 percent return to its shareholders. Price Movement: With a market capitalization of Rs. 8,359 crores, the [...]
