In the early hours of trading on Wednesday, Swaraj Engines Limited's shares, which had begun at Rs 1,820, soared by 7% to hit a new 52-week high of Rs 1,962. In a month the stock has surged by approximately 19 per cent. In June 2017, the stock reached an all-time high of Rs 2,545. It [...]
The shares of the company were trading in red at Rs 616 levels till the afternoon on Wednesday. In a month the stock has gained 1.1 per cent. In a year the shares have zoomed by approximately 52 per cent. Olectra Greentech Limited (Olectra), a subsidiary of MEIL Group is India’s first ever electric bus [...]
Following two back-to-back days of gains, headline gauges - Nifty 50 and BSE Sensex took a downturn. Investors are nervous ahead of an expected interest rate hike by the US Fed’s rate-setting panel. Gains in Auto and FMCG stocks were offset by losses in financial and IT shares. Here are three Nifty 50 stocks that [...]
The Adani Group has pledged its entire stake worth USD 13 billion in Ambuja Cements and ACC, days after completing its USD 6.5 billion acquisition of the two companies. According to regulatory updates on Tuesday, billionaire Gautam Adani-led group has encumbered its 63.15 per cent stake in Ambuja Cements and 56.7 per cent stake in [...]
An individual on Tuesday sold 3.3 per cent stake in Best Agrolife Ltd for over Rs 98 crore through open market transactions. Raj Kumar offloaded 5,25,000 shares on the NSE and 2,75,000 shares on the BSE, amounting to 3.38 per cent stake in the company, as per the bulk deal data available with the two [...]
Yes Bank on Tuesday said its board has approved the sale of stressed assets worth around Rs 48,000 crore to JC Flowers ARC, which has turned out to be the sole bidder for the portfolio. The US-based asset reconstruction company (ARC) had in July this year emerged as the base bidder for the proposed sale [...]
Elcid Investments, a penny stock that traded at a price of ₹ 2.31 apiece on the Bombay Stock Exchange, had declared a dividend of ₹ 15 per share. This is more than 6.5 times its share price. The shares will trade ex-dividend on September 22, 2022. However, investors cannot invest in the company as its [...]
Benchmark Indices quoted higher on Tuesday and halted a three-day losing streak, tracking strength across global markets. Singapore Exchange (SGX) Nifty futures, which are an early indicator of the Nifty index, witnessed gains ahead of the opening bell on D-Street. The BSE Sensex closed 578.51 points or 0.98% higher at 59719.70 points while the Nifty [...]
The shares of Welspun Corp Ltd. touched a 12-year high of ₹ 281.30 apiece on Tuesday’s early trades. The multibagger stock advanced 8.5% in two days as it secured a significant order for a Carbon Capture Pipeline project in the United States, as per a regulatory filing. As per the shareholding pattern for June, the [...]
The shares of Dish TV India Ltd have been on an uptrend for the last two days. On Monday the shares rallied by approximately 10 percent after the company announced that its Chairman and Director, Jawahar Lal Goel tendered his resignation from the board of the company. On Tuesday, the shares continued to rise and [...]
