On Tuesday this small-cap stock hit a 52-week high after HDFC Mutual Fund bought 15.5 lakh shares via bulk deal. If more than 0.5 per cent of a company's equity shares are traded in one company, it is considered to have taken place in a bulk transaction. yThis stock has delivered 9.5% returns to investors [...]
According to industry group SIAM, wholesale sales of passenger vehicles in the nation increased 9% year over year in August as a result of strong demand for SUVs and other utility vehicles. From 3,28,376 units in August 2022, the total number of passenger vehicles dispatched to dealers increased to 3,59,228 units last month. Sales of [...]
According to Diversified PSU Balmer Lawrie, some of its business units, including industrial packaging (IP) and logistics services (LS), may face significant challenges as a result of global geopolitical developments like the conflict between Ukraine and Russia. The firm's outlook indicates that the Russia-Ukraine situation is still having a negative impact on the world economy, [...]
This IT stock hit its upper circuit at 5% when the market opened on Tuesday as the invocation of the 11.3 lakhs pledged shares of the company takes place. Shares pledged by the promoter were sold by two of the pledgees two days back. Share price of Brightcom Group previously closed at Rs. 14.50 and [...]
Shares of a midcap NBFC gained 12 percent to reach an intraday high of ₹ 2980.00 apiece on the National Stock Exchange (NSE) after the company announced its result. At 02:22 PM, its shares were trading at ₹ 2866.95 apiece. According to an exchange filing, Sundaram Finance reported the highest-ever disbursements of ₹ 6,489 crores, [...]
To raise funds through an IPO, Integrated Facilities Management Updater Services Ltd has received SEBI approval. Integrated facilities management Updater Services Ltd has received capital markets regulator Sebi's approval to raise funds through an Initial Public Offering (IPO). The IPO will comprise both a fresh issue of equity shares aggregating up to Rs 400 crore [...]
According to its MD Ishver Dholakiya, Gujarat-based Goldi Solar and Desert Technologies of Saudi Arabia have signed a contract to look into investment opportunities in the green energy sector. According to the Memorandum of Understanding (MoU), Goldi Solar said in a statement that it will provide technologies to develop green projects. "As part of the [...]
Mr. Vijay Kedia is amongst one of the well-known ace investors based in India with a total of 16 stocks with a net worth of over 1,300 crores. Listed below are three stocks Vijay Kedia stocks with a high percentage of holdings represented by Foreign Institutional Investors (FIIs): Tejas Networks Limited With a market capitalization [...]
The shares of a micro-cap company in the auto ancillaries sector gained 3 percent on Tuesday’s early deals to reach an intraday high of ₹ 138.00 apiece on the Bombay Stock Exchange (BSE). This happened after the company’s board passed a resolution for the allotment of shares to its promoters as they are infusing funds [...]
In order to reduce air pollution, Union Minister Gadkari stated on Tuesday that he will seek a "pollution tax" in the form of an additional 10% GST on diesel cars and generators. Speaking at the 63rd Annual SIAM convention here, the Union Road Transport and Highways Minister said the rising level of pollution is a [...]
