Artemis Electricals and Projects Ltd started its trading session today at Rs 106.90 and since then the same has been in a 5 percent upper circuit. Having a purview of a month, the stock has proven to deliver to its stakeholders a return of around 41.3 percent ranging from Rs 75.65 to the current price [...]
Ace investor Ashish Dhawan has bought a stake in Equitas Small Finance Bank as per the latest shareholding pattern of the company filed with the exchanges. His name appears in the list of public shareholders who hold more than one percent stake in the bank. Equitas Small Finance Bank is an India-based banking company operating [...]
The shares of Jubilant Pharmova Ltd. rallied as much as 14.45% to Rs 318 on Friday after the company announced that the Canadian government has provided an additional loan facility for the expansion of its contract manufacturing site in Montreal. Jubilant Pharmova is an integrated global pharmaceuticals and life sciences company with a market capitalization [...]
With a market capitalization of ₹ 15331 crores, Ajanta Pharma is a small-cap pharmaceutical company that is engaged in the development, manufacturing and marketing of speciality pharmaceutical quality finished dosages. Its shares were trading at ₹ 1195 levels on Friday. The company’s board has approved the proposal of a buy-back of 22,10,500 fully paid-up equity [...]
Varun Beverages Ltd. (VBL) is one of the largest franchisees of PepsiCo globally. It is valued at Rs 85,000 crore and is involved in the production and distribution of a broad range of carbonated soft drinks, non-carbonated soft drinks, and packaged drinking water. Pepsi, Mirinda, Mountain Dew, and Tropicana Juices are some of the top [...]
Cooling crude oil prices sent the shares of major oil marketing companies (OMC) higher. Shares of state-run OMCs like Indian Oil, Bharat Petroleum and Hindustan Petroleum appreciated to the tune of 5%, a day after international crude oil prices used to their lowest levels recorded in more than a year. Brent crude and US WTI [...]
The shares of Voltamp Transformers Ltd zoomed 139.18% in the past two years to give multibagger returns, as its share price increased from ₹ 1,152.05 to ₹ 2,755.50 apiece. If an investor would have invested ₹ 1 lakh in the company’s shares two years ago, the value of their holdings would have been ₹ 2.39 [...]
The shares of Indian Energy Exchange Ltd. (IEX) jumped as much as 5.85% to touch the day’s high of Rs 153.80 a piece during the early hours of the trading session on Wednesday. In the past month alone, the stock has gained roughly 14% as the company has been conducting buyback of shares via the [...]
Manappuram Finance, via a recent exchange filing, announced that its board has approved the allotment of non-convertible debentures (NCDs) aggregating to Rs 1,100 crore on private placement basis. The financial resources and management committee of the board of directors approved the allotment of 1.10 lakh rated, listed, secured, redeemable NCDs having a face value of [...]
Blackstone sold its entire 20.5% stake in Sona BLW Precision Forgings for about Rs 4,916 crore via a block deal on Monday through a block deal. As per an ET report, Blackstone offloaded about 11,99,25,641 shares at a price of Rs 410 per unit through its subsidiary Singapore VII Topco III Pte Ltd. After the [...]