Shares of a cable manufacturer zoomed 9 percent on Friday’s trades to reach an intraday high of ₹ 1122.60 apiece on the National Stock Exchange. This happened after Jefferies raised its target price post the recent earnings call. At 03:12 PM, its shares were trading at ₹ 1058.00 apiece. Finolex Cables reported a 34 percent [...]
Venus Remedies is a business that manufactures medications. The business offers formulations for oncological treatments and antibiotics. Pharma major Venus Remedies Ltd on Friday said it has launched its flagship R&D drug, Elores, in the USD 1.4-billion pharmaceutical market in Oman. "Clinically proven to be one of the best drugs against ICU infections caused by [...]
Shares of this small-cap stock jumped up to 8 percent after commissioning new LPG Stations. In the last six months, the stock has jumped around 22 percent from Rs 65.40 to the current price level. With a market capitalization of Rs 2,261 crores, the stocks of Confidence Petroleum India Limited started their trading session on [...]
The talks between the two companies are at its final course. They are very close to signing the deal and its stock price has already spoken. Opened at Rs. 1,745.95 on Friday, Bata India Limited share prices have seen a strong momentum today. The stock price went up to 7.5% as Rs. 1,763 the last [...]
The share price of a sugar manufacturing company shot up 20 percent on Friday’s early trades to reach an intraday high of ₹ 119.88 apiece. This happened after the company announced robust results for the first quarter (April to June) of the financial year 2023-24. At 01:10 PM, its shares were trading 10.11 percent higher [...]
Godrej Agrovet Limited (GAVL) is a diversified, research and development-focused food and agri-business conglomerate, dedicated to improving the productivity of Indian farmers by innovating products and services that sustainably increase crop and livestock yields. GAVL holds leading market positions in the different businesses it operates - animal feed, crop protection, oil palm, dairy, poultry and [...]
Shares of this multibagger Bank stock jumped up to 11 percent on a Block Deal buzz. Moreover, the Bank made a change in the top management appointing a new Managing Director (MD) and Chief Executive Officer (CEO). With a market capitalization of Rs 4,700 crores, the stocks of South Indian Bank Limited, a Private-sector Bank, [...]
This stock shot up 10% within two hours of market open on Friday, showing signs of golden crossover backed by volumes ~4x the weekly average after a filing revealed information on new commissioning of a solar plant. The company boasts a Piotroski score of 7 and EPS growth of ~124% YoY with an ROE of [...]
State-owned SJVN Ltd has inked two pacts with Punjab State Power Corporation Ltd (PSPCL) to supply 1,200 MW of solar power from its projects, Punjab Chief Minister Bhagwant Mann said here on Thursday. Satluj Jal Vidyut Nigam signed two power purchase agreements (PPAs) for 1,200 MW of solar power recently. PSPCL had floated tenders for [...]
Mahindra & Mahindra Ltd on Friday said it has been imposed a penalty of over Rs 14.3 lakh for incorrect input tax credit availed during the transition from the excise regime to the GST regime by erstwhile Mahindra Vehicle Manufacturers Ltd, which has since been merged into it. In a regulatory filing, the company said, [...]
