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Penny stock hits 20% upper circuit after receiving ₹ 11.15 Cr incentives under the PSI scheme

Penny stock hits 20% upper circuit after receiving ₹ 11.15 Cr incentives under the PSI scheme

On Tuesday’s trade, a penny stock jumped by 20 percent after receiving an eligibility certificate worth ₹11.14 crore incentive under the Package Scheme of Incentives 2019 (PSI) by the government of Maharashtra in favour of Resgen Ltd.  With a market capitalization of ₹172 crore, Resgen Ltd. stock rose by 20 percent from its previous close [...]
IT stock in green after becoming 1st company in India with logistics drone certification from DGCA 

IT stock in green after becoming 1st company in India with logistics drone certification from DGCA 

Shares of this multibagger IT stock jumps after its subsidiary company becomes the first company in India to receive a DGCA-Type certification for a Logistics Drone, the “CargoMax 500HE”. In the past month, the company’s stock gained nearly 25 percent for its stakeholders.  With a market capitalization of Rs 7,141.89 crores, the stocks of Magellanic [...]
Stock in focus after company to build new defence manufacturing facility with ₹ 210 Cr investment

Stock in focus after company to build new defence manufacturing facility with ₹ 210 Cr investment

Multibagger defence stock engaged in the design, development, and assembly of custom-built electronics and electro-mechanical solutions and many more for aerospace, defence, and others in focus after it lays the foundation stone and roadmap for a new defence manufacturing facility with an investment of Rs. 210 Crores.  With a market capitalization of Rs. 3,480 Crores, [...]
Auto ancillary stock jumps 5% after securing $220 Mil contract to supply light vehicles in North America 

Auto ancillary stock jumps 5% after securing $220 Mil contract to supply light vehicles in North America 

The shares of the carbon and alloy steel manufacturer gained up to 5 percent after the company secured a USD 220 million contract to supply light vehicles to tier 1 customers in the light vehicle segment across North America.  With a market capitalization of Rs 13,803.17 crore, the shares of Ramkrishna Forgings Ltd were trading [...]
Stock jumps 5% after signing MoU for acquiring land in Ayodhya 

Stock jumps 5% after signing MoU for acquiring land in Ayodhya 

Shares of this microcap company jumped 5 percent in Tuesday’s trading after signing an MoU with Ammararsh Infra Developers to acquire land in Ayodhya. The shares have delivered a multibagger return of 522 percent to its shareholders in one year.  With a market capitalization of Rs. 495 crores, the shares of Exhicon Events Media Solutions [...]
Logistics stock jumps 6% after extending contract with Rolls Royce for 5 years; Do you own it? 

Logistics stock jumps 6% after extending contract with Rolls Royce for 5 years; Do you own it? 

Shares of this company under the ‘small-cap’ category jumped approximately 6 percent during the last couple of trading minutes on Tuesday after the company intimated about the extension of the contract with ‘Rolls Royce’ for a period of five years.  With a market capitalization of Rs 8,808.23 crores, the stocks of TVS Supply Chain Solutions [...]
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