The shares of this leading manufacturer of precision sheet metal gained up to 5 percent after the company’s board approved the proposal of buy-back of up to 6,00,000 fully paid-up equity shares of face value of Rs 10 each. With a market capitalization of Rs 70.44 Crores. SM Auto Stamping Ltd, On Tuesday, The shares [...]
The midcap stock rose 0.5 percent to its intraday high of Rs 921.30 from its previous close of Rs 916.55 on Tuesday after the company announced the acquisition of 30-acre land for future manufacturing facilities According to Relaxo Footwear's filing, the company was declared the successful bidder in an e-auction for a 30-acre land parcel [...]
Small-cap stock that has a dominant position in providing visa-related services and consular services to governments, clients, and others all over the world jumped 7 percent in the day’s trade after it won a contract from the High Commission of India in Canada for outsourcing its services. At 12:14 p.m. the shares of BLS International [...]
The shares of this Aluminium and Copper producing company jumped around 3 percent after they planned to deploy an investment of up to Rs. 800 crores for the new battery foil plant which will be commissioned by July 2025. With a market capitalisation of Rs. 1,20,159 crores, the shares of Hindalco Industries Ltd started Tuesday’s [...]
During the mid-morning trade, the equity barometer index traded near the flat line with tiny losses. Nifty managed to hold on to the 21,000 level. However, Media shares rallied for the fifth day in a row. At 12:22 IST, the barometer index, the S&P BSE Sensex, was down 5.86 points or 0.01 percent to 69,920.89. [...]
The shares of this real estate company gained up to 5 percent after the company promoter bought a 68,329 stake which is 0.014 percent of the company in the open market. With a market capitalization of Rs 947.57 Crores. Radhe Developers (India) Ltd, On Tuesday, The shares were trading at Rs 4.64 a share, an [...]
Auto Ancillary stock engaged in the business of manufacturing and selling steering systems and many more with customers such as Tata, Mahindra and Toyota jumped 6 percent in the day’s trade after it received an order worth Rs. 182 Crores. At 11:12 a.m the shares of JTEKT India Limited were trading at Rs. 140, up [...]
On Tuesday the microcap stock rose 5 percent and hit its upper circuit of Rs 264.20 from its previous close of Rs 251.65 after the company announced the promoter's proposed Offer for sale. According to the filling of Sejal Glass Ltd, Mr. Chandrakant Vallabhaji Gogri, a part of the promoter group of the company proposed [...]
The US stock market finished higher on Monday, 11 December 2023, maintaining a third-day streak of gain. There was a general optimism in the US market regarding the interest rate. The most prominent gainers in that day were consumer staples, industrial, materials, and financial sectors. Nonetheless, the market gain was kept within bounds as the [...]
The shares of one of the largest producers of high-end specialty chemicals climbed 2.6 percent to Rs 3.45 per share after the company paid off an additional loan of Rs 12.3 crore, decreasing the initial bank debt by 74 percent. Vikas Ecotech Limited is a penny stock with a market capitalization of Rs 438 crore.The [...]