With a market capitalization of ₹ 398 crores, KP Energy is a microcap company. It is a balance of plant (BoP) solution provider for the wind energy industry. It engages in the process of wind farms, right from conceptualization until the commissioning of the project, and undertakes projects principally in Gujarat. In a recent exchange [...]
The shares of Rattanindia Enterprises Limited (REL) zoomed 10.39% on Wednesday’s early trades to reach an intraday high of ₹ 41.95 apiece. Its shares were trading at ₹ 40.90 apiece at 11:44 AM on The National Stock Exchange (NSE). In an exchange filing on February 13, 2023, the company announced that it has launched two [...]
Nomura India Investment Fund on Tuesday acquired shares of Phoenix Mills, a retail led mixed-use developer, for Rs 326 crore through open market transactions. Nomura India Investment Fund Mother Fund bought a total of 24,89,259 shares on both BSE and NSE, amounting to 1.39 per cent stake in the company, as per bulk deal data [...]
Metals company Manaksia Limited has returned to black posting a Rs 62 crore net profit in the December quarter, mainly on account of higher income. The company had posted a net loss of Rs 65 lakh in the October-December period of the preceding 2021-22 fiscal, Manaksia said in a regulatory filing on Tuesday. Its total [...]
With a market capitalization of ₹ 4,514 crores, Polyplex corporation is a small-cap company that is engaged in the manufacturing of BOPP, Blown PP/PE and CPP films used in the flexible packaging industry and in industrial usages like release liners, tapes, labels and so on. The capacity of polyester (PET) film produced by the company [...]
Benchmark equity indices Sensex and Nifty declined in early trade on Wednesday amid mixed trends in global markets as investors remained cautious awaiting cues on the interest rate trajectory in the US. BSE Sensex slumped 225.95 points or 0.37 per cent to 60,806.31 points while NSE Nifty dropped 54.50 points to 17,875.35 points. Except for [...]
In one of the largest aircraft orders by an airline, Tata Group-owned Air India on Tuesday announced it will buy 470 narrow-body and wide-body planes from Airbus and Boeing, with the total deal value estimated to be worth USD 80 billion (over Rs 6.40 lakh crore). Air India will buy 250 aircraft, including 40 wide-body [...]
The green bonds floated by the Indore Municipal Corporation (IMC) as a public issue for setting up solar power plants has received a overwhelming response from investors and attracted a subscription of around Rs 721 crore. This amount is almost six times more than the base price of the issue of Rs 122 crore, IMC [...]
Debt-ridden telecom operator Vodafone Idea on Tuesday reported widening of its consolidated loss to Rs 7,990 crore for the third quarter ended December 31, 2022. The company had registered a loss of Rs 7,234.1 crore in the same period a year ago. The consolidated revenue from operations of Vodafone Idea (VIL), however, increased by 9.29 [...]
The "landmark" deal in which Air India will purchase 220 planes from Boeing for USD 34 billion will create up to 1 million jobs across 44 states in the US, President Joe Biden told Prime Minister Narendra Modi in a phone call on Tuesday. While announcing the Boeing-Air India deal on Tuesday, Biden asserted that [...]
