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Penny stock jumps 4% after company signs MoU for manufacturing medical compounds

Penny stock jumps 4% after company signs MoU for manufacturing medical compounds

Shares of this penny stock jumped approximately 4 percent in Tuesday’s trading session after signing a Memorandum of Understanding (MoU) for manufacturing several Medical Compounds. In the last six months, the company’s stock gained nearly 30 percent for its holders.  With a market capitalization of Rs 44.12 crores, the stocks of TCM Limited, manufacturing chemicals [...]
NBFC stock jumps 5% after company’s board approved to sell entire stake in housing subsidiary for ₹ 4,630 Cr 

NBFC stock jumps 5% after company’s board approved to sell entire stake in housing subsidiary for ₹ 4,630 Cr 

The stock of a prominent retail NBFC experienced a 5% surge to reach ₹2,419 per share on Tuesday, following the board's approval to divest its entire stake in its housing subsidiary for ₹4,630 crores.  At 12:05 a.m., Shriram Finance Ltd shares were trading at ₹2,338.50 per share, up 1.63% on the National Stock Exchange from [...]
Railway stock jumps 8% after company received an order worth ₹ 239 Cr from Southern Railway 

Railway stock jumps 8% after company received an order worth ₹ 239 Cr from Southern Railway 

Shares of this large-cap company surged around 8 percent in Tuesday’s trading session after receiving an order worth Rs. 239 crores from Southern Railway. The shares have delivered a multibagger return of 125 percent in one year to its shareholders.  With a market capitalization of Rs. 56,441 crores, the shares of Rail Vikas Nigam Ltd [...]
Multibagger defence stock jumps 10% after company secures an order of up to ₹ 1000 Cr

Multibagger defence stock jumps 10% after company secures an order of up to ₹ 1000 Cr

Shares of this multibagger Defence stock jumped approximately 10 percent in Tuesday’s trading session after the company successfully secured an order from a European Client for the design and construction of a Hybrid Service Operation Vessel (Hybrid SOV). In the past month, the company’s stock gained nearly 25 percent for its holders.  With a market [...]
Auto stock jumps 3% after the company joined ONDC network 

Auto stock jumps 3% after the company joined ONDC network 

Shares of this large-cap company jumped around 3 percent in Tuesday’s trading session after joining the ONDC network. In one year, the stock has delivered more than 80 percent returns to its shareholders.  With a market capitalization of Rs. 99,798 crores, the shares of Hero MotoCorp Ltd started Tuesday’s trading session on a higher note [...]
Pharma stock jumps 12% after company announces net profit increase of 57% YoY  

Pharma stock jumps 12% after company announces net profit increase of 57% YoY  

On Tuesday's early trade, the manufacturer of Active Pharmaceutical Ingredients (API) saw its stock price rise by 12% to ₹581.80 per share following the company's announcement of a robust 57% year-on-year increase in net profit.  At 11:15 a.m., Aarti Pharmalabs Ltd shares were trading at ₹582.60 per share, up 12% on the National Stock Exchange [...]
Stocks in which FII increased their stake in April 2024; Are you holding any?

Stocks in which FII increased their stake in April 2024; Are you holding any?

Foreign institutional investors (FIIs) are institutional investors who make significant investments in assets located in a nation other than their home country.  Here are a few companies in which the Foreign institutional investors have increased their holdings in April 2024.  JSW Energy Limited  With a market capitalisation of Rs. 1.03 lakh crore, the share price [...]
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