Shares of a small-cap company gained 18.24 percent on Monday’s afternoon trades to reach a fresh 52-week high of ₹ 147.15 apiece on the National Stock Exchange (NSE) after it announced that it has launched its branded laptop and micro PC ‘SMAASH’ in association with Intel Corporation. ITI Ltd is a Central PSU under the [...]
A Top official said on Monday, The government is looking at further easing foreign direct investment (FDI) norms in the space sector to attract overseas players. Huge scope is there for Saudi Arabian companies to invest in India in different sectors such as aviation, pharma, bulk drugs, renewable energy, food processing and agrti-tech. Secretary in [...]
On Monday IRB Infrastructure Developers Ltd (IRB) said its revenue from toll collection rose by 24 per cent to Rs 417.2 crore in August 2023. Last year same month toll collection stood at Rs 336 Cr, IRB said in a statement. Out of its 13 tolls, IRB MP Expressway in Maharashtra contributed the major share [...]
According to a report, The Indian pharmaceuticals industry is expected to log in revenue growth of 8-10 per cent in the current fiscal aided by steady domestic growth and increased exports to regulated markets, even as semi-regulated markets face headwinds. Crisil said on Monday that a study of 186 drug makers, which accounted for about [...]
CMD Vivek Kumar Dewangan said on Saturday, that REC has signed an initial pact with PFC committing higher revenue from operations in FY24 and FY25. The memorandum of understanding (MoU) has been signed as per the DPE (Department of Public Enterprises) Performance Evaluation System for FY24 and FY25 for Central Public Sector Enterprises, Dewangan told [...]
On Thursday the initial share sale of fintech player Zaggle Prepaid Ocean Services Ltd will open for public subscription. As per the red herring prospectus (RHP) submitted on Friday, the three-day initial public offering (IPO) will end on September 18, with the bidding for retail investors beginning on September 14 and for anchor investors on [...]
On Monday shares of energy efficiency solution company Rishabh Instruments Ltd. listed with a premium of more than 4 per cent against the issue price of Rs 441. On BSE the stock started the trade at Rs 460, up 4.30 per cent from the issue price. It further climbed 6.49 per cent to Rs 469.65. [...]
On Monday against the issue price of Rs. 98 shares of Ratnaveer Precision Engineering Ltd jumped nearly 31 per cent in its debut trade. The company manufacturer and supplier of steel washers. The company's shares began trading at Rs 128 per share on the BSE, up 30.61 per cent from the issue price. Later, it [...]
This Jewelry company rose 20% within the first hour of markets opening on Monday with volumes that were 2.4x last week’s average and 4x the monthly average volumes. The stock has returned 34% in the last week and is currently locked in at Rs. 42.44 (+7.07), 17% above its 20 day and 200 day moving [...]
Sugar stocks jumped on Monday’s trade after Prime Minister Narendra Modi launched the Global Biofuel Alliance (GBA) on Saturday on the sidelines of the G20 Summit. The Indian government announced the Global Biofuel Alliance at the G20 Summit and urged nations to join the initiative with a plea to increase ethanol blending with petrol globally [...]
