Share price of this 5 star luxury hotel company surged nearly 19.5%. The hotel will be hosting Saudi Arabian delegates coming for the G20 summit 2023. The share prices of HLV Limited opened at Rs. 13.65 per share and gained a total of 18.45% to reach its 52- week high of Rs. 16.25 per piece. [...]
The IPO-bound Honasa Consumer Ltd., which owns new-age FMCG brands like Mamaearth and The Derma Co., anticipates raising Rs 400 crore from listing and plans to use the money primarily for offline expansion, bringing more brands to market, and acquisitions, its Co-founder and CEO Varun Alagh said. In addition to scaling its other brands like [...]
On Thursday, shares of Aeroflex Industries were listed on the exchanges at a significant premium of 83% over their issue price of Rs 108. The stock listed at Rs 197.40, reflecting a steep jump of 82.8 per cent on the BSE. On the NSE, the scrip made its debut at Rs 190, witnessing a sharp [...]
A 28.12-megawatt green energy facility will be built in Maharashtra through a partnership between Tata Power Renewable Energy Limited (TPREL) and Sanyo Special Steel Manufacturing India Private Limited (SSMI). In a statement on Thursday, TPREL, an arm of Tata Power, said it has signed the Power Delivery Agreement (PDA) with SSMI through its Special Purpose [...]
Shares of this small cap company traded 13% higher on Thursday's first half after their annual figures came to sight the previous day. The share prices of Alok Industries opened at Rs. 18 levels and gained nearly 13% to reach its intra- day high of Rs. 20.10. The stock has returned 22.26% and 42.8% in [...]
A mid-cap pharma company recently fixed the record date for a 1:2 stock split. At 12:00 PM on Thursday, its shares were trading at ₹ 2762.25 apiece on the National Stock Exchange (NSE), as compared to its previous day’s closing price of ₹ 2746.20. J.B. Chemicals and Pharmaceuticals is among India's leading pharmaceutical companies. It [...]
In early trade on Thursday, Shares of a leading manufacturer of engineering equipment jumped 5.5 percent to Rs 2,425 after the company received a Defence Industrial Licence. At 12:15 p.m. on the National Stock Exchange, MTAR Technologies Ltd shares were trading at Rs 2,403.90 per share, up Rs 110.15 or 4.80 percent from the previous [...]
This stock was listed in November 2022 and is included in the S&P BSE Smallcap Index. It rose 6% on Thursday within the first hour of markets opening. It currently has a market cap of Rs. 3220 crore and saw higher than monthly average volumes this week, on average by 100%. The stock is trading [...]
The Indian chemical industry contributes about 7 percent to India’s GDP, according to a report by IBEF. It covers more than 80,000 commercial products and is broadly classified into bulk chemicals, speciality chemicals, agrochemicals, petrochemicals, polymers, and fertilisers. India's chemical sector was estimated to be worth US$ 220 billion in 2022 and is anticipated to [...]
Shares of the Adani Group fell on Thursday after a report from the investigative reporting platform OCCRP claimed that partners of the promoter family of billionaire Gautam Adani invested hundreds of millions of dollars through Mauritius-based "opaque" investment funds in publicly traded group stocks. However, the conglomerate denied the charges vehemently. On the BSE, the [...]
