Equity benchmark indices climbed in early trade on Wednesday, but later gave up all the gains to trade lower amid emergence of profit-taking, after an unabated record-breaking rally in the last few trading sessions. The 30-share BSE Sensex climbed 44.19 points to 65,523.24 after beginning the trade on a positive note. Soon, it touched a [...]
High Promoter holding is considered as one of the most important factors depicting their confidence in the company and its operations. Mr. Mukul Agrawal owns shares in this small-cap stock which has a high promoter holding of more than 50 percent. De Nora India Limited is a company based in India that is involved in [...]
HDFC Bank and HDFC Ltd have already started to operate as a merged entity. Meanwhile, the company’s board has fixed July 13 as the record date for determining which shareholders of HDFC Ltd are entitled to receive HDFC Bank’s shares. Thereafter, HDFC Ltd will be delisted from the bourses and the merged companies will most [...]
Shares of this small-cap company surged 20% to hit the upper circuit after it received an order worth ₹ 903 crores. They were locked at ₹ 155.30 apiece by Tuesday’s closing bell. HPL Electric & Power Limited is a leading electrical equipment manufacturer with a significant presence across five key product verticals of electric equipment [...]
B2B e-commerce company mjunction on Tuesday said SAIL has selected mjPRO, its e-procurement platform, for all its project procurements. mjPRO is a cloud-based platform that comes with wide configurability and addresses key concerns of organisations such as access to new and credible suppliers, analytics and insights for decision-making, convenience of usage and integration with ERP [...]
The company is a distributor of energy-efficient products like electric motors, industrial lubricants, lighting products, industrial pumps, disks and so on, for various manufacturers like Bharat Biljee, Elecon Engineering, Power build, Yaskawa and so on. According to an exchange filing, Sunrise Efficient Marketing’s board has recommended a bonus issue in the ratio of 1:1. Therefore, [...]
The ‘Power Generation’ market has witnessed a huge amount of demand due to a lot of factors, some of which include fast-paced urbanization, increasing population, etc. Herein this article, we will have a glance at one such company engaged in the power generation sector. JSW Energy Limited, Incorporated in 1994, is a company based in [...]
NINL, a 1.1-million tonne steel manufacturing unit in Odisha, has reached 100 per cent capacity utilisation within one year of its acquisition by Tata Steel. On July 4 2022, the steel major completed the acquisition of Neelachal Ispat Nigam Ltd (NINL) through subsidiary company Tata Steel Long Products Ltd (TSLPL) for a consideration of Rs [...]
Global enterprise software company Ramco Systems has appointed Sundar Subramanian as its chief executive officer, the company said on Tuesday. Prior to taking up the new responsibility, Subramanian was serving leading multinational information technology services and consulting companies. Ramco Systems chairman P R Venketrama Raja said, "...the appointment of Sundar Subramanian as the CEO will [...]
Equity benchmark indices Sensex and Nifty advanced further to settle at record highs for the fourth straight session on Tuesday, driven by unabated foreign fund inflows and largely bullish investor sentiments. Besides, heavy buying in index majors Bajaj Finance, Bajaj Finserv, Infosys, HDFC Bank and TCS added to the optimism in the equity market. Rallying [...]
