The shares of TMT Bar Manufacturer gained 8.7 percent to Rs 94.50 after the company bought one of the two railway rakes from East Coast Railway following a previous arrangement. At 3:01 p.m. on the National Stock Exchange, Gallantt Ispat Ltd shares were trading at Rs 93.20 per share, up 7.08 percent from the previous [...]
This railway stock rose 3.4% after winning multiple projects from the Maharashtra Metro Rail Corporation Limited as the company emerged to be the lowest bidder possible. It won several metro rail infrastructure projects. Shares of RVNL opened at Rs. 130.5 per piece and gained 3.4% to reach its intra- day high of Rs. 132.80 per [...]
On Thursday, Ashok Leyland, a manufacturer of commercial vehicles, announced a partnership with CSB Bank Ltd to provide vehicle financing solutions to its clients. A Memorandum of Understanding between the two businesses will allow them to work together to provide consumers of the automaker with specialized financial solutions, Ashok Leyland said in a statement. "The [...]
This S&P BSE Smallcap stock has been on an uptrend since July 2021, rising 875% since. It rose 5% within the first hour of markets opening on Thursday after it said in its filing that it has received an order from Gujarat Metro Rail Corporation Ltd (“GMRCL”). The stock’s volumes have been more or less [...]
Shares of a pharmaceutical company tumbled 8.5percent on Thursday’s early trades to reach an intraday low of ₹ 815.60 apiece on the National Stock Exchange (NSE) after 12.85percent of the company’s equity changed hands in a large deal. At 01:03 PM, its shares were trading at ₹ 839.00 apiece. MedPlus Health Services is the second-largest [...]
On the first day of subscriptions on Wednesday, 73% of the shares of Rishabh Instruments' Initial Public Offering (IPO), a provider of worldwide energy efficiency solutions, were subscribed The IPO received bids for 56,75,008 shares against 77,90,202 shares on offer, as per the NSE data. The category for Non-Institutional Investors (NIIs) was subscribed 1.24 times, [...]
The most valued fintech business in India, operating profit is anticipated by 2025, a top official of the company said on Wednesday. PhonePe founder and CEO Sameer Nigam told PTI that the company's payment, advertising, banking and insurance businesses will reach breakeven by the time the company becomes operationally profitable at the group level. While [...]
In an open market transaction Japanese conglomerate Softbank on Wednesday sold a 1.16 per cent stake in online food ordering company Zomato for Rs 947 crore. Softbank through its affiliate SVF Growth (Singapore) Pte offloaded the shares of Zomato on the National Stock Exchange. Aditya Birla Sun Life Mutual Fund (MF), Axis MF, Franklin Tempelton [...]
On Wednesday, the government said that it has approved the export of 1.43 lakh tonnes of non-basmati white rice to Singapore, Mauritius, and Bhutan. The export is permitted through National Cooperative Exports Limited (NCEL), the Directorate General of Foreign Trade (DGFT) said in a notification. Although non-basmati white rice exports were prohibited on July 20 [...]
In open market transactions on Wednesday, four entities sold shares of the NBFC company Spandana Sphoorty Financial for Rs 268 crore. Valiant Mauritius Partners FDI, Valiant India Opportunities, Valiant Mauritius Partners and Valiant Mauritius Partners Offshore were the entities that sold the shares of Spandana Sphoorty Financial on the BSE. According to BSE Bulk Deal [...]
