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Bahubali VFX maker stock jumps after it raises ₹ 800 Mn via QIP for Fuel Expansion 

Bahubali VFX maker stock jumps after it raises ₹ 800 Mn via QIP for Fuel Expansion 

Shares of this VFX-making company jumped 2 percent in Tuesday’s trading session after it raised Rs. 800 Mn via Qualified Institutional Placement (QIP) to fuel expansion. The shares have delivered a multibagger return of 129 percent in one year to its shareholders.  With a market capitalisation of Rs. 611 crores, the shares of Phantom Digital [...]
Small cap stock hits 20% upper circuit after Reliance Industries invested ₹ 3,300 Cr in the company

Small cap stock hits 20% upper circuit after Reliance Industries invested ₹ 3,300 Cr in the company

The share price of the small-cap company hit its 20 percent upper circuit and a 52-week high of Rs 25.86 per share from its previous close of Rs 21.55 on Tuesday, after Reliance Industries invested Rs 3,300 crores.  According to the company filing, Alok Industries' parent company, Reliance Industries, invested Rs. 3,300 crore in the [...]
Telecom stock jumps after acquisition of 97.1% stake in Beetel Teletech for ₹ 699 Cr

Telecom stock jumps after acquisition of 97.1% stake in Beetel Teletech for ₹ 699 Cr

The shares of one of the world’s leading telecommunication services providers gained up to 1.2 percent after the company's subsidiary announced the acquisition of 49,45,239 equity shares worth Rs 699 crore.  With a market capitalization of Rs 5.73 lakh crores. The shares of Bharti Airtel Ltd were trading at Rs 1,023.05 per share, increasing around [...]
Bank stock jumps 3% after 28.36% growth in gold loan book YoY 

Bank stock jumps 3% after 28.36% growth in gold loan book YoY 

Shares of this private-sector Bank rose approximately 3 percent in Tuesday’s trading session after providing key business updates for the quarter ended 31st December 2023. In the past six months, the bank’s stock has gained more than 75 percent.  With a market capitalization of Rs 805.08 crores, the stocks of Dhanlaxmi Bank Limited opened their [...]
Miniratna PSU stock in green after forming 4 JVs with Ministry of Power for renewable energy projects

Miniratna PSU stock in green after forming 4 JVs with Ministry of Power for renewable energy projects

Multibagger Miniratna PSU engaged in the business of generation, transmission, and consultancy of renewable energy sources in talk after it signed four strategic JVs in India and overseas to set renewable projects of 8,778 MW.  At 11:08 a.m the shares of SJVN Limited were trading at Rs. 93.10, up 0.22 percent from its previous day’s [...]
Specialty chemical stock jumps after starting an aluminum foil manufacturing facility 

Specialty chemical stock jumps after starting an aluminum foil manufacturing facility 

The shares of India's largest specialty chemicals manufacturer rose nearly 1 percent to Rs 2,492.85 apiece after the company commissioned an aluminium foil manufacturing facility for Rs 536 crore.  At 12:10 p.m., SRF Ltd was quoted at Rs 2,435.80 per share, down 1.26 percent on the national stock exchange The company has a market capitalization [...]