The Benchmark Indices concluded Monday's trading session positively, with the Sensex rising by 611.9 points, or 0.75 percent, ending the day at 81,698.11. Meanwhile, the Nifty 50 index increased by 187.45 points, equivalent to a gain of 0.76 percent, and closed in the green at 25,010.6. Over the previous five trading sessions, the Nifty 50 [...]
Share buyback is the practice where companies decide to purchase their own share from their existing shareholders either through a tender offer or through an open market. In such a situation, the price of concerning shares is higher than the prevailing market price. Companies buy back shares to increase shareholder value by reducing the number [...]
The shares of this microcap company surged around 15 percent in Monday’s trading session after launching Kisan Drones for agricultural innovation. In one year, the stock has delivered more than a 25 percent return to its shareholders. Price Movement: With a market capitalization of Rs. 97.3 crores, the shares of Ram Info Ltd started Monday’s [...]
Solar stock engaged in providing engineering, procurement, and construction (EPC) services for residential, agricultural, and commercial applications jumped upto 5 percent in the day’s trade upon receiving a work order worth Rs. 14.55 Crores. Price Action With a market capitalization of Rs. 978 Crores, the shares of Australian Premium Solar (India) Limited were trading at [...]
In Monday’s trading session, the shares of a leading exhibitions, conferences, and events industry player surged 9.8 percent on BSE to Rs. 342.8, after the company announced plans to acquire a 76 percent stake in Perfect-Octave Limited for around Rs. 8.53 crores. With a market cap of Rs. 403.2 crores, at 02:19 p.m., the shares [...]
This Tata Group stock engaged in apparel, footwear, accessories, groceries, and many more reached its 52-week high after being included in the Nifty50 index. Share Price Variation In Monday's trading session, Trent Limited's share price reached a 52-week high of Rs.7,090, marking a 2 percent increase from its previous close of Rs.6,950.05. The stock has [...]
The shares of this microcap compnay jumped around 2 percent in Monday’s trading session after receiving an order from Indian Railways worth Rs. 1.17 crores. Price Movement: With a market capitalization of Rs. 369 crores, the shares of Dynamic Services & Security Ltd started Monday’s trading session on a higher note at Rs. 273 compared [...]
Semiconductor stock engaged in the business of design, development & manufacturing of Video Displays, high-end Electronic, and telecommunication equipment, and many more in focus upon receiving a new work order worth Rs. 2.55 Crores from Northern Railway Zone. Price Action With a market capitalization of Rs. 1,888 Crores, the shares of MIC Electronics Limited were [...]
The shares of this smallcap company hit 5 percent upper circuit of Rs 1,149.40 apiece after Motilal Oswal Mutual Fund bought 4,10000 equity shares in the company. V2 Retail Ltd has a market capitalization of Rs 3,976 crore, the shares were trading at Rs 1,149.40 per share, increasing around 5 percent as compared to the [...]
Shares of a private sector bank engaged in providing a wide range of banking and financial services surged 4.3 percent on BSE to Rs. 231.65 on Monday, after the RBI allowed SBI Mutual Fund to acquire up to 9.99 percent stake in the bank. With a market cap of Rs. 17,919.08 crores, at 01:02 p.m., [...]
