Shares of Knowledge Marine & Engineering Works climbed 4.42% on Thursday after ace investor Ashish Kacholia increased his stake in the company. The company’s shares reached an intraday high of ₹ 1048.95 apiece and were trading at ₹ 1040.00 apiece, up 3.53% at 02:42 PM on Thursday. The company recently filed the shareholding pattern for [...]
GST evasion detection by tax officers almost doubled year-on-year to over Rs 1.01 lakh crore in the just concluded 2022-23 fiscal, an official said. During the last fiscal, a recovery of Rs 21,000 crore was made by the officers of the Directorate General of GST Intelligence (DGGI). The official said the government is taking steps [...]
Shares of NBCC (India) Limited gained nearly 3 percent and currently trade at Rs 39.10. In the last one month period, the stock has rallied around 15 percent ranging from Rs 33.90 to the current levels. The company, through a filing with the exchange, informed that it has been awarded work orders from PWD (Puducherry) [...]
HDFC Bank on Thursday said it has appointed Kaizad Bharucha as deputy managing director and Bhavesh Zaveri as executive director for three years. These appointments have been made after clearance from the Reserve Bank of India, HDFC Bank said in a regulatory filing. The RBI, in its communication dated April 19, 2023, has approved the [...]
To expand its presence in the fast-growing food market, Wipro Consumer Care and Lighting on Thursday announced the acquisition of Brahmins, a Kerala-based traditional vegetarian, spice mix and ready-to-cook brand. Part of Azim Premji-led Wipro Enterprises had forayed into the foods segment six months before with the acquisition of the Nirapara brand -- known for [...]
Oriana Power on Thursday announced commissioning of a one megawatt peak (MWp) floating solar power project in Rajasthan. The project has been commissioned for Udaipur Cement Works Limited (UCWL), a subsidiary of JK Lakshmi Cement, at its Dabok mine in the state. According to the company, the project will generate approximately 1.7 million units of [...]
Fortis Healthcare on Thursday said it has inked a pact with the VPS Group to acquire Manesar-based Medeor Hospital for Rs 225 crore. The healthcare major said it has signed definitive agreements to acquire Medeor Hospital for an overall purchase consideration of Rs 225 crore. The hospital has a potential capacity of 350 beds and [...]
Adani Ports & Special Economic Zone Ltd opened its trading hour today at Rs 663 and currently trades at Rs 666. The scrip is up about 1.3 percent as compared to the previous closing price of Rs 658.40. In the last 5 trading sessions, the stock has moved around 1.7 percent ranging from Rs 655 [...]
Shares of Emkay Global Financial Services hit the 20% upper circuit on Thursday after receiving a green light from the Securities and Exchange Board of India (SEBI) for setting up its mutual fund business. Its shares opened 6.21% higher on Thursday and continued to gain until they hit the upper circuit after gaining 19.97%. They [...]
Shares of Mastek Limited opened their trading session at Rs 1,670 and currently trade at Rs 1,795. In comparison to the previous closing price of Rs 1,587.25, the stock has gained a whopping 13 percent. Such a movement in the stock prices today is observed after the company announced its results for FY22-23. Details of [...]
