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Small cap stock jumps up to 6% after NCLT nods acquisition of Auto Ancillary Company 

Small cap stock jumps up to 6% after NCLT nods acquisition of Auto Ancillary Company 

Shares of this multibagger stock under the ‘small-cap’ category jump up to 6 percent after positive sentiments pertaining to the acquisition of an Auto Ancillary entity.  With a market capitalization of Rs 10,509.54 crores, the stocks of Ramkrishna Forgings Limited opened their trading hour on Tuesday at Rs 657.65 and currently trade at Rs 657.30.  [...]
Multibagger Vijay Kedia Stock jumps up to 5% after receiving an order worth ₹ 1,275 Cr

Multibagger Vijay Kedia Stock jumps up to 5% after receiving an order worth ₹ 1,275 Cr

Shares of a company in Vijay Kedia’s portfolio zoomed 5% on Tuesday’s early trades to reach an intraday high of ₹ 58.80 apiece on the National Stock Exchange (NSE) after the company’s joint venture received an order worth ₹ 1275.30 crores from Madhya Pradesh Jal Nigam.  According to an exchange filing, Patel Engineering, a Mumbai-based [...]
Through the demerger procedure, LIC acquires a 6.66% stake in Jio Financial Services

Through the demerger procedure, LIC acquires a 6.66% stake in Jio Financial Services

Life Insurance Corporation (LIC) on Tuesday said it has acquired a 6.66 per cent stake in Jio Financial Services, the demerged non-banking financial services unit of the Mukesh Ambani-led Reliance group. "... Corporation has acquired 6.660 per cent shareholding in 'Jio Financial Services Ltd' through demerger action by 'Reliance Industries Ltd'," LIC said in a [...]
Gets nod from Sebi to launch its first public offering: Jupiter Hospitals raises Rs 123 crore in a pre-IPO transaction

Gets nod from Sebi to launch its first public offering: Jupiter Hospitals raises Rs 123 crore in a pre-IPO transaction

Multi-speciality hospital chain Jupiter Life Line Hospitals has mobilised Rs 123 crore from institutional investors in the pre-IPO (initial public offering) round.  In addition, the company has received capital markets regulator Sebi's go-ahead to raise funds through its IPO. It received Sebi's observation letter on August 11, an update with the regulator showed on Tuesday. [...]
Multibagger stock hits all-time high after it acquired a controlling stake in an Infrastructure Company 

Multibagger stock hits all-time high after it acquired a controlling stake in an Infrastructure Company 

Shares of this multibagger stock under the ‘small-cap’ category hit an all-time high after acquiring a controlling stake in a Private water & sewage infrastructure company.  With a market capitalization of Rs 4,362.80 crores, the stocks of Welspun Enterprises started their trading session on Tuesday at Rs 314.70 and currently trade at Rs 315.20. Moreover, [...]