The shares of India Pesticides Limited opened at Rs 248.95 on Wednesday and gained as much as 10 percent till the afternoon to trade at Rs 264 levels. The shares surged after the government granted environmental clearance to the proposed project activity. As per the BSE Filing, Shalvis Specialities Limited (“SSL”), a wholly-owned subsidiary of [...]
The shares of Hariom Pipe Industries gained 17.67% to reach a fresh 52-week high (record high) of ₹ 403.55 apiece on the National Stock Exchange (NSE). Its shares were trading at 392.45 apiece at 12:24 PM on Wednesday. The company in a stock exchange filing said that it had entered into an asset transfer agreement [...]
The shares of Indowind Energy Limited were locked in an upper circuit of 5 percent at Rs 15.25 on Wednesday’s trading session. The stock gained after the board of the company approved the right issue of shares. As per the meeting held on December 27th, 2022, the board of the company has approved the Rights [...]
Bolstered by premiumisation trends, pent-up demand and policy initiatives, the country's appliances and consumer electronics sector expects to continue on the double-digit growth trajectory in 2023, as companies seek to expand capacity and roll out new-age smart products. Learning the hard way in the wake of the global supply chain disruptions caused by the coronavirus [...]
City-based Punjab & Sind Bank on Tuesday said its board will meet on December 30 to consider a proposal for raising up to Rs 250 crore by various modes, including equity and bonds issuance, the bank said on Tuesday. The bank said it plans to raise capital up to an amount and aggregating to Rs [...]
Equity benchmarks declined in initial trade on Wednesday after rallying in the past two days amid mixed trends in global markets and foreign fund outflows. The 30-share BSE Sensex declined 213.66 points to 60,713.77. The broader NSE Nifty dipped 63.95 points to 18,068.35. From the Sensex pack, Infosys, Bajaj Finserv, Tata Consultancy Services, HCL Technologies, [...]
India is named one of the best-performing stock markets this year, defying concerns about rising interest rates and economic slowdown that bothered its peers. The BSE Sensex is up 2.95% and the NSE Nifty 50 is up 2.87% year to date (YTD), while the MSCI All-Country World Index fell 20%. The crucial happenings in the [...]
Amit Garg has taken over as the new Director (Marketing) of Hindustan Petroleum Corporation Limited (HPCL), the company said on Tuesday. Prior to this, he was Executive Director (Aviation) in Bharat Petroleum Corporation Ltd (BPCL). "Garg is a Post Graduate in Electronics & Management," HPCL said in a statement. He is "a senior leader in [...]
Xiaomi India on Tuesday announced its partnership with Reliance Jio to offer the telco's 'True 5G' experience to its consumers. Smartphone models supporting the Standalone (SA) network have received a software update to work seamlessly on Reliance Jio’s network, according to a statement. The enabled devices include Mi 11 Ultra 5G, Xiaomi 12 Pro 5G, [...]
Indowind Energy board on Tuesday approved a rights issue of 3.58 crore equity shares for Rs 43.07 crore. The right issue will be opened on January 27, 2023, and will be closed on February 10, 2023, a BSE filing showed. The board meeting held today, i.e. December 27, 2022, has inter alia considered and approved [...]
