According to a senior government official, the government is investigating legal options against electric two-wheeler companies for failing to adhere to the FAME II scheme norms. In response to seven manufacturers of electric two-wheelers claiming incentives while failing to follow the rules of the Faster Adoption and Manufacturing of Electric Vehicles (FAME II) scheme, the [...]
With 6.8 million square feet, BFSI leasing recovered in 2022 and surpassed pre-pandemic levels. In H1 2023, higher domestic demand helped the BFSI sector's share of overall leasing increase once again to 15%. Bengaluru came in second with 24% of the leasing market, trailing Mumbai's 31% share. According to Colliers, the banking and finance industry [...]
This power stock rallied 4% in the afternoon of Wednesday after the company received a letter of intent for EPC services. The stock saw a potential movement in the market today. Share price of Waaree Renewable Technologies opened at Rs. 1249.90 per share and gained almost 4% to reach its intra- day high of Rs. [...]
This small-cap stock jumps up to 7% after the company received an order worth Rs. 25 Cr on Wednesday. The stock has delivered 56% returns in six months and 26% returns in YTD. The strong and rising volume that is above the averages from the preceding day and week is assisting the stock price. GE [...]
Allcargo group firm Gati on Wednesday said it is expecting an 18–20% increase in festive season demand, particularly in segments such as e-commerce and white goods, among others, this year. The company said it is geared up to cater to this anticipated surge with its enhanced warehousing and service delivery capabilities. Gati has surface transhipment [...]
A small-cap stock in the breweries and distilleries sector saw a significant drop in the past three months, after it reached its all-time high of ₹ 1326.25 apiece on July 05, 2023, on the Bombay Stock Exchange (BSE). The stock has witnessed selling pressure and has fallen by 32 percent from its all-time high to [...]
This micro cap stock owned by Ace Investor Porinju Veliyath jumped 8% in the trading session after the company published its recent investor presentation. The slides contain details about the company’s expansion and growth plans for the future. Max India opened at Rs. 138.05 per share and gained 8% to reach its intra- day high [...]
Shares of this Real Estate stock under the ‘small-cap’ category hit its 52-week high mark after HDFC Mutual Fund bought an additional stake in the company. In the last six months, the company’s stock has gained more than 25 percent. With a market capitalization of Rs 9,234.13 crores, the stocks of PNC Infratech Limited started [...]
Coffee Day Global Ltd (CDGL) and its financial creditor IndusInd Bank have reached a settlement, following which NCLAT has set aside an insolvency order against the company which owns and operates coffee chain Cafe Coffee Day. On Wednesday, attorneys for CDGL and IndusInd bank informed the Chennai bench of the National Company Law Appellate Tribunal [...]
The shares of India's leading electric equipment maker rose 4.5 percent to Rs 226.95 per share after the company announced a partnership with Wirepas, a Finland-based IOT company. At 1:05 p.m., HPL Electric & Power is a small-cap company with a market capitalization of Rs 1,428 crore. The company’s shares were trading at Rs 222.95 [...]
