Welspun Enterprises Ltd (WEL) has appointed Kapil Maheshwari as CEO and executive director of its wholly-owned subsidiary Welspun New Energy Limited. Before joining Welspun, Maheshwari was part of Reliance Industries, where he was leading Renewable Energy and Green Hydrogen Ecosystem Development, a statement said. He comes with over 20 years of experience in solar PV, [...]
KPIT Technologies Limited shares traded in the red with a downfall of more than 10 percent yesterday and closed at a price of Rs 814. Such a fall in the stock prices is observed after the global brokerage firm JP Morgan initiated coverage on the stock with an ‘underweight’ rating and gave a target price [...]
Mufin Green Finance Ltd, a small-cap company listed on the Bombay Stock Exchange (BSE) has announced a stock split after it rallied to give multibagger returns in the past year. It is a leading Non-Banking Financial Company catering to electric vehicle loans for a variety of vehicles that can be used for income generation. In [...]
With a market capitalization of ₹ 386 crores and a market price of ₹ 18.35, SBC Exports Ltd is a penny stock. The company is engaged in the business of manufacturing garments, supplying manpower and tour operator services. The textile manufacturer’s shares gave multibagger returns of 112.14% in the past six months as its share [...]
In a recent filing with the exchange, Dhampur Sugar Mills Board declared an interim dividend of 60 percent (Rs 6) on the face value of Rs 10 per equity share out of which 50 percent (Rs 5) is solely for dividend purpose and the remaining 10 percent (Rs 1) is a special dividend which is [...]
Phoenix Mills Ltd's share was up around 1 percent yesterday and closed at a price of Rs 1,314.50. It witnessed an intra-day high of Rs 1,332.30 with an upside of about 2.4 percent as compared to the previous closing levels of Rs 1,300.95. Last week, the Singapore government sold its 2.88 percent stake in Phoenix [...]
The Life Insurance Corporation of India has increased its shareholding in Bata India from 57,48,071 to 64,36,692 equity shares. With this, its stake in the paid-up share capital of the company has gone up from 4.472 percent to 5.008 percent. Shares of Bata India closed marginally higher at ₹ 1428.00 apiece, up 0.68 percent on [...]
ITC Ltd shares opened its trading hour yesterday at Rs 384 and closed at a price of Rs 379.20. The stock traded in red with a downfall of 1.1 percent in comparison to the previous closing price of Rs 383.50. Last month, chairman and managing director of the ITC Group Mr. Sanjiv Puri said the [...]
Mahanagar Gas Ltd (MGL) stock opened its trading hour today at Rs 995.80 and currently trades at Rs 916.65. The stock is bearish with a steep downfall of around 7 percent as compared to the previous closing price of Rs 983.45. Keeping a purview of six months, the stock has been able to deliver returns [...]
Indowind Energy Ltd stock opened its trading hour today at Rs 9.60 and thereafter was locked in the 5 percent upper circuit at a price of Rs 9.65. The market capitalization of the company is 121 crores including it in the penny stock list. In a recent filing with the exchange, the company, after a [...]
