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Promoters of India’s 5th largest Bank to increase stake to 26% by raising $1.5 Billion 

Promoters of India’s 5th largest Bank to increase stake to 26% by raising $1.5 Billion 

The Hinduja Group, India's largest conglomerate, operates the country's fifth-largest private bank by market capitalization and it is the first bank to go live on RBI’s Account Aggregator Framework.  IndusInd Bank Limited shares climbed almost 1.5 percent in the first half session on Tuesday, reaching an all-time high price of Rs 1,394. The company has [...]
Chemical stock in green after company diversifies its business in renewable energy sector

Chemical stock in green after company diversifies its business in renewable energy sector

The chemical manufacturer Meghmani Finechem Ltd shares gained 1.7 percent to Rs 1,134 on Wednesday's session. The stock price increased after the company diversified its portfolio in the renewable energy sector. As per exchange filings, Company commissioned and started power flow in the Wind Solar Hybrid Power Plant of ~ 18.34 MW through Special Purpose Vehicle [...]
Small cap stock jumps nearly 9% after Board to likely consider buyback of shares; Check the details 

Stock gains up to 4% on signing a historic syndicated social loan facility; Check the details 

With a market capitalization of Rs 21,781 crores, the shares of CreditAccess Grameen Limited are currently trading at Rs 1,370.30. The stock’s intra-day high was recorded at Rs 1,378.35 indicating a gain of around 4 percent compared to the previous closing price of Rs 1,327.10.  The company, through a regulatory filing with the Bombay Stock [...]