On Monday Morning, the share prices of rice export companies saw a decline after the market opened. The union government has imposed export duty and set limits for rice exports. The government of India has set a minimum export price(MEP) of $1,200 per ton for basmati rice. Along with that, the government has also imposed [...]
In a regulatory filing, Embassy Office Parks REIT (Real Estate Investment Trust) stated that the Debenture Committee of the Board of Directors of the manager has approved the allotment of 50,000 non-convertible debentures (NCDs) with a face value of Rs 1 lakh on a private placement basis. This will be worth Rs. 500 crore and [...]
Shares of this small-cap company gained 15% on Monday after Kedia Securities Pvt Ltd bought 4.3 lakh shares and the stock has reached a new 52-week high of Rs. 542.30.The stock price is being supported by a big volume increase that was greater than the previous day's and last week. Atul Auto Ltd A small-cap [...]
Equity benchmark indices climbed on Monday after two days of fall, tracking strength in global markets and buying in HDFC Bank. Sensex climbed 110.09 points or 17 bps to settle at 64,996.60. During the day, it jumped 326.94 points or 50 bps to 65,213.45. Foreign Institutional Investors (FIIs) offloaded equities worth Rs 4,638.21 crore on [...]
Chairman of Reliance Industries Ltd, the owner of world's largest single-location oil refining complex, Mukesh Ambani said on Monday that the company will set up 100 compressed biogas plants to convert agri-waste into gas. He further stated that this would result in reduction of about 7 million tonnes per annum of imported LNG. Speaking at [...]
This small-cap stock gained 9.45% on Monday after announcing a 4,000 Cr revenue-generating project. This company has delivered 68% returns to investors in one year. The stock price is being supported by a significant volume increase that was higher than the prior day and the previous week. Currently, shares of this company are trading above [...]
Solar capacity addition in the country declined 58% to 1.7 GW in the Q1 FY2023 period, mainly due to land and transmission-related issues, Mercom India said on Monday. Mercom India is based in Bangalore and is a subsidiary of US based Mercom Capital Group, a leading clean energy consulting firm recognized globally for its clean [...]
Jio Platforms is keen to lead efforts in developing India-specific AI models and AI-powered solutions across domains, delivering the benefit of this new-age technology to Indian citizens, businesses and government. Ambani considers AI the most exciting growth frontier, and stated his commitment to create close to 2 GW of AI powered computing capacity across cloud [...]
As per the scrutinizer's stock exchange report filed by JK Lakshmi Cement Ltd (“JKLC”),shareholders of JKLC have rejected a special resolution for increasing inter corporate transaction limit to Rs 10,000 crore. As per section 186 of Companies’ Act 2013, the mandate is to require a supermajority to pass the special resolution i.e, 75%. The resolution [...]
The share price of a small-cap agrotech company gained 18.76 per cent to touch a fresh 52-week high of ₹ 195.00 apiece after the company reported robust results for the first quarter of the financial year 2023-24. Its shares settled at ₹ 190.00 apiece on Monday. Tierra Agrotech is an agriculture technology company. It is [...]
