This penny cap stock rose 3.5% after the company entered into an MoU agreement and acquired 50% stake in Vivanta Drone Research Centre Tanzania Limited. Share price of Vivanta closed at Rs. 5.05 per share. It gained 3.5% in the market today to reach its intra- day high of Rs. 5.15 per piece. The stock [...]
The Sensex ticked higher for the tenth straight session on Thursday, supported by fag-end buying in oil & gas, metal, and commodity stocks amid a generally firm trend in global equities. The NSE benchmark Nifty increased by over 33 points to close at a new lifetime high of 20,103. The 30-share BSE Sensex increased 52.01 [...]
According to officials, Indian oil companies are looking into the possibility of using the nearly USD 600 million in dividend income that is currently stuck in Russia to purchase oil there. The top four oil companies in India, including Oil India Ltd., ONGC Videsh Ltd., and Indian Oil Corporation (IOC), a division of Bharat Petroleum [...]
Shares of a hotel company were in the green after it announced a buyback of its shares. Its shares settled at ₹ 166.65 apiece on Thursday. According to an exchange filing by Sinclairs Hotels, the company’s shareholders have approved the proposal to buy back up to 15,20,000 equity shares of a face value of ₹ [...]
This small cap stock owned by ace investor Ashish Kacholia zoomed 15% after the company acquired 26% in a SPV with Tata Power Renewable Energy Limited. Share price of XPRO opened at Rs. 950 levels and gained 15% to reach its 52- week high of Rs. 1080 levels. The stock returned 47.13% in the last [...]
In order to provide a unique experience to customers choosing the environmentally friendly models, Tata Motors plans to establish a separate sales network for its electric passenger vehicles in the current fiscal year, according to a top company official. The Mumbai-based auto giant said it will begin experimenting with new outlets in some of the [...]
The Investment Information and Credit Rating Agency (ICRA) has revised its domestic steel demand projection for FY24 to 9-10 percent, Powered by the government's infrastructure-oriented growth model. The ratings agency had predicted 7-8 percent growth at the start of the fiscal year. Between FY2022 and FY2024, the domestic steel sector is predicted to grow at [...]
This small cap stock gained 5% after AFC commercial Bank signed a deal with the company’s commercial banking arm. The stock saw a good momentum in the market today. Share price of Intellect Design Arena opened at Rs. 675 levels and jumped 5% to reach its intra- day high of Rs. 705 levels. In the [...]
On Thursday, Grasim Industries unveiled the brand name "Birla Opus" for its paints division. The flagship company of the Aditya Birla Group intends to invest Rs 10,000 crore in this division. According to a statement from the Aditya Birla group company Grasim Industries, Birla Opus will be introduced in Q4FY24 and will compete with other [...]
This penny stock hit 5% upper circuit after it received an order worth Rs 5.1 Cr on Thursday. The stock price has held at a high level because of strong and rising volume that is more than usual when compared to the prior day and week. AA Plus Tradelink Ltd AA Plus Tradelink Ltd. is [...]
