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PSU stock jumps 3% after signing an MOU with Meghalaya Industrial Development Corporation

PSU stock jumps 3% after signing an MOU with Meghalaya Industrial Development Corporation

Navratna Central Public Sector Enterprise which is a multidisciplinary engineering and consultancy organization jumped 3 percent upon signing an MOU with Meghalaya Industrial Development Corporation Ltd. to improve logistics infrastructure within Meghalaya.  At 1:00 p.m. the shares of Rites Limited were trading at Rs. 484.50, up 1.65 percent from its previous day’s close price of [...]
Stock in green after company receives ₹ 11.70 Cr in new funds after selling investment in its subsidiary

Stock in green after company receives ₹ 11.70 Cr in new funds after selling investment in its subsidiary

The share price of the microcap stock opened 1.1 percent up to Rs 163 from its previous close of 161.2 after the company announced the completion of its sales in the invested company.  According to the filing of Shera Energy Limited, the company has completed the sale of its investment in Shera Inirapower Private Limited. [...]
NBFC stock jumps up to 4.1% after its board approves sale of shares in World Resorts Ltd for ₹ 15.52 Cr

NBFC stock jumps up to 4.1% after its board approves sale of shares in World Resorts Ltd for ₹ 15.52 Cr

The shares of this Micro-cap company gained up to 4.1 percent after the company Board approved for sale of the Company’s investment in equity and preference shares of its associate company worth Rs 15.52 crores.  With a market capitalization of Rs 417.24 Crores. Industrial Investment Trust Ltd, On Wednesday, The shares were trading at Rs [...]
Pharma stock jumps after its subsidiary gets proprietary rights for rare pediatric disease drug 

Pharma stock jumps after its subsidiary gets proprietary rights for rare pediatric disease drug 

Shares of this pharmaceutical company jumped up to 2 percent on Wednesday's trading session after one of its subsidiaries got proprietary rights for the rare pediatric drugs.  With a market capitalisation of Rs. 64,493 crores, the shares of Zydus Lifesciences Ltd started Wednesday’s trading session positively at Rs. 637.65 compared to its previous close at [...]
Stock hit 5% lower circuit after allegations of illegal organ transplants; Check the details 

Stock hit 5% lower circuit after allegations of illegal organ transplants; Check the details 

Shares of this small-cap stock hit its 5 percent lower circuit after allegations of illegal transplants being performed. In contrast to today's bearish stock price movements, the company’s stock has delivered multibagger returns of around 111 percent to its stakeholders.  With a market capitalization of Rs 1,763.79 crores, the stocks of Indraprastha Medical Corporation Limited, [...]
Cement stock jumps 7.3% after company plans to acquire additional stake in Sanghi Industries 

Cement stock jumps 7.3% after company plans to acquire additional stake in Sanghi Industries 

Shares of this cement manufacturing company jumped around 7 percent in Tuesday’s trading session after the company plans to acquire an additional stake in Sanghi Industries. In one month, the shares have delivered 20 percent returns to its shareholders.  With a market capitalisation of Rs. 1 lakh crores, the shares of Ambuja Cements Ltd started [...]