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SBI Life Insurance stock hits 52-week high after appointment of Amit Jhingran as MD and CEO  

SBI Life Insurance stock hits 52-week high after appointment of Amit Jhingran as MD and CEO  

The large-cap share rose 2.5 percent hitting its 52-week high of Rs 1,444.2 from its previous close of Rs 1407.85 on Thursday after the company announced the appointment of the company's managing director and chief executive officer.  In SBI Life Insurance, the shareholders have approved the appointment of Mr. Amit Jhingran, as the Managing Director [...]
Auto ancillary stock jumps 6.9% after it invests $2.5 Million in its wholly owned subsidiary 

Auto ancillary stock jumps 6.9% after it invests $2.5 Million in its wholly owned subsidiary 

The shares of the engine manufacturing company surged around 6 percent after investing USD 2.5 million in its wholly-owned subsidiary. The shares have delivered more than 80 percent returns to shareholders on a YTD basis.  With a market capitalization of Rs. 8,147 crores, the shares of Kirloskar Oil Engines Ltd started Thursday’s trading session on [...]
Ashish Kacholia stock jumps up to 3% after company secures spot in Forbes ‘200 Best Under a Billion’ list 

Ashish Kacholia stock jumps up to 3% after company secures spot in Forbes ‘200 Best Under a Billion’ list 

Shares of this Ashish Kcholia stock jumped around 3 percent in Thursday’s trading session after the company secured a spot in Forbes ‘200 Best Under a Billion’ List. In the past month, the company’s stock has delivered returns of more than 20 percent to its stakeholders.  With a market capitalization of Rs 1,130.10 crores, the [...]
Ind-Swift Laboratories collaborates with Govt of India for development of Biotransformation Process 

Ind-Swift Laboratories collaborates with Govt of India for development of Biotransformation Process 

The shares of this pharmaceutical company jumped around 1 percent after announcing the collaboration with the Government of India, for the development of the Biotransformation Process (Enzymatic Process) for its products.  With a market capitalization of Rs. 542 crores, the shares of Ind-Swift Laboratories Ltd started Thursday’s trading session on a positive note at Rs. [...]
Shriram AMC Allots Equity Shares on Conversion of Securities for Mission1

Shriram AMC Allots Equity Shares on Conversion of Securities for Mission1

Mumbai, 30th November 2023: Mission1 Investments LLC, the US-based investment firm that invested in Shriram Asset Management Company Limited (Shriram AMC) in 2022 has now completed its 23% stake acquisition by converting its securities into equity shares. Mission1 Investments LLC now holds 29,94,349 equity shares in Shriram AMC. The Securities Issue Committee of the Board [...]