TVS Supply Chain Solutions, part of TVS Mobility Group, on Monday, said it has fixed a price band of Rs 187-197 per share for its Rs 880 crore Initial Public Offering (IPO). The initial share sale will be open for public subscription during August 10-14 and the bidding for anchor investors will open on August [...]
Shares of a Miniratna company pared 5.17 percent on Monday to reach an intraday low of ₹ 213.85 apiece on the National Stock Exchange (NSE) after the company said that it will be stopping production at its Mangalore plant. KIOCL informed the exchanges that the company has stopped pellet production at its manufacturing unit in [...]
The company's shares rose 5% on Monday, and had announced shortly prior to the weekend a Rs. 250 crore deal signed with a Public Sector Undertaking (“PSU”) entity. The deal duration is 3 years in which Sterlite Technologies Ltd (“STL”) is to design, build, commission and maintain 2 data centers which are set to service [...]
A company is said to be “fundamentally strong” when it portrays a certain set of characteristics such as strong financial numbers, lower leverage ratios, etc. Listed below is one such fundamentally strong stock engaged in the “Automobile” sector with a potential upside of more than 30 percent: Mahindra & Mahindra Limited The shares of Mahindra [...]
Sunsure Energy Sunsure Energy is one of India's largest C&I focused Renewable Energy Power Producers. Sunsure is backed by Partners Group AG with a $400 million equity investment for developing over 3 GW of RE assets by 2027. Founded in 2015, Sunsure has developed and installed solar power plants for power-intensive industrial customers across 16 [...]
In the global market for high-end speciality chemicals, Vikas Ecotech is a rising participant. The business is committed to meeting consumer needs and providing the globe with items that are technologically advanced and eco-friendly. Vikas Ecotech Limited (VEL) on Monday announced its foray into the conventional energy segment after receiving a Rs 20-crore coal supply [...]
At its facilities in Andhra Pradesh's Medak District and Chattisgarh's Bhilai, Vishnu Compounds pioneered the production of chrome compounds such as sodium dichromate, potassium dichromate, basic chromium sulphate, and yellow sodium sulphate over a 17-year period. Speciality chemicals maker Vishnu Chemicals Ltd on Monday said it has raised Rs 200 crore via qualified institutions placement [...]
On Monday, the shares of a leading original equipment manufacturer in the automotive industry rose 2.3 percent to Rs 908 apiece,upon an Rs 180 crore order for original equipment supply from a foreign customer. At 1:30 p.m., Divgi TorqTransfer Systems Ltd shares were trading at Rs 891.45 a share on the National Stock Exchange, up [...]
Shares of a non-banking financial company (NBFC) appreciated to the tune of 20 percent on Monday’s early trades to reach a fresh 52-week high of ₹ 495.75 apiece on the National Stock Exchange (NSE). At 12:46 PM, its shares were trading at ₹ 488.95 apiece. Authum Investment & Infrastructure is engaged in the business of [...]
One 97 Communications Ltd (“Paytm”) is up 6.95% on Monday after the announcement of Founder, Managing Director and CEO of Paytm - Vijay Shekhar Sharma (“Mr. Sharma'') entering to a definitive agreement on 7th August with Antfin, netherlands to acquire 10.38% stake, wherein Antfin will transfer 65,335,101 shares of the company in a non cash [...]
