Shares of this small-cap stock are trading in the green today after it announced Joint Venture (JV) with the main focus on biofuels production in India. Year-to-date, the scrip has soared around 11 percent. With a market capitalization of Rs 7,300 crores, the stocks of Praj Industries Limited spiked more than 7 percent today and [...]
Union Road Transport and Highways Minister Nitin Gadkari announced that he has approved the draft notification to mandate the installation of air-conditioning systems in the cabins of N2 and N3 category trucks. The government plans to implement this regulation starting from January 2025. Following the announcement, the shares of Subros, an automotive air-conditioning manufacturer surged [...]
With a market capitalization of Rs 3,630 crores, the shares of the world's leading provider of defence training solutions rose 4.5 percent on Friday. Zen Technologies Limited shares were trading at Rs 429.90 on the NSE at 12:25 p.m., up 2.45 percent, after the company received an order of Rs 160 crore from the Indian [...]
C.E. Info Systems Ltd is India's top advanced digital maps and deep-tech firm, also known as MapmyIndia in India and Mappls abroad. It is India’s most comprehensive GPS navigation and tracking service provider. MapmyIndia provides navigation, tracking, IoT, analytics, and web mapping services for desktop and mobile devices to companies such as Olx, Flipkart, Uber, [...]
An entity on Thursday offloaded shares of Piramal Enterprises for Rs 575 crore through open market transactions. According to the block deal data available with the BSE, SmallCap World Fund Inc sold a total of 61,09,068 shares of Piramal Enterprises 17 tranches. The shares were disposed at an average price of Rs 941.15 apiece, taking [...]
Amara Raja Electronics Ltd on Thursday said it has acquired a stake in engineering design firm Design Alpha. The acquisition will position Amara Raja Electronics Ltd AREL as a fully integrated electronic systems design and manufacturing (ESDM) company, unlocking numerous opportunities in the electronics manufacturing business, the company said in a statement without disclosing the [...]
Billionaire Gautam Adani-led group's renewable energy firm on Thursday announced plans to raise Rs 12,300 crore through a share sale to investors as the group continues to build on a comeback strategy to emerge out of allegations of fraud levelled by a US short-seller. Adani Green Energy Ltd in a stock exchange filing said its [...]
JSW Steel is aiming to nearly double its capacity to 50 million tonnes in the next three years, chairman Sajjan Jindal said on Thursday. The city-headquartered company is also aiming to shift to renewable sources of power to fire the entire 50 million tonnes of production, Jindal said speaking at an event organized by the [...]
Tata Steel on Thursday its consolidated production declined to 7.08 million tonnes (MT) in the first quarter of FY24. The company's consolidated production was at 7.67 MT during April-June of the preceding financial year, Tata Steel said in a statement. Consolidated deliveries however rose 7.97 pc to 7.04 MT from 6.52 MT in the same [...]
Benchmark stock indices Sensex and Nifty traded flat in early trade on Friday due to profit-taking in financials and IT shares amid weak global cues. The 30-share BSE Sensex opened lower and fell further by 294 points to hit a low of 65,785.64 in early trade. The BSE barometer was trading at 65,767.85, down by [...]
