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Stock jumps up to 3% after the company’s board approves investment of ₹ 114.29 Cr in its EV subsidiary

Stock jumps up to 3% after the company’s board approves investment of ₹ 114.29 Cr in its EV subsidiary

On Thursday this small-cap company gains up to 3% after the board approved making an investment of 114.29 Cr in its subsidiary. The stock is trading 5.9% away from the 52-week high and 12% & 38% above the 50-day and 200-day moving averages respectively. Shakti Pumps (India) Limited The company has a market capitalisation of [...]
Kolkata Port Q4 Results: Net profit jumps 15% to Rs 120cr

Kolkata Port Q4 Results: Net profit jumps 15% to Rs 120cr

The Kolkata Port has registered a 15 per cent jump in net profit to Rs 120 crore during 2021-22 amid a slowdown in cargo movement due to Covid related disruptions, an official said on Monday. In 2020-21, the riverine Syama Prasad Mookerjee Port, which was earlier known as Kolkata Port Trust, had posted Rs 104 [...]