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Small cap stock jumps 3.5% after company acquired 3 forging facilities to boost its capacity 

Small cap stock jumps 3.5% after company acquired 3 forging facilities to boost its capacity 

On Tuesday, the shares of a prominent precision engineering company, known for manufacturing crankshafts and forged components, surged by 3.5%. This uptick followed the company's announcement of acquiring three forging facilities to boost their capacity to produce 72,000 tons of forged products.  At 1:10 p.m., Balu Forge Industries Ltd shares were trading at ₹315.05 per [...]
Small cap stock jumps 3% after company received an order worth ₹ 19.59 Cr from Torrent Power 

Small cap stock jumps 3% after company received an order worth ₹ 19.59 Cr from Torrent Power 

Shares of this smallcap company jumped around 3 percent in Friday’s trading session after receiving an order worth over Rs. 19.59 crores from Torrent Power.  With a market capitalization of Rs. 2,264 crores, the shares of GE Power India Ltd started Friday’s trading session on a higher note at Rs. 334.40 compared to its previous [...]
Pharma stock jumps 3.2% after company enters into an agreement with MSN Laboratories for US market

Pharma stock jumps 3.2% after company enters into an agreement with MSN Laboratories for US market

Following the announcement of entering into a licensing and supply agreement with MSN Laboratories, the share price of this large-cap pharma stock and a global innovation-driven healthcare company surged by 3.2 percent on BSE to hit an intraday high at Rs. 1,041.1 during the Friday morning trading session.  At 10:45 a.m., the shares of Zydus [...]
IT stocks in green after US inflation relief spurs global rally 

IT stocks in green after US inflation relief spurs global rally 

US inflation in April 2024 increased by a smaller margin than anticipated, indicating a continuation of the downward trend. This development has bolstered Wall Street's outlook for a potential interest rate cut by the US Federal Reserve in September, aligning with market expectations.  According to data released by the Labor Department's Bureau of Labor Statistics [...]
Auto ancillary stock jumps 3% after company’s net profits increased by 39% YoY 

Auto ancillary stock jumps 3% after company’s net profits increased by 39% YoY 

Shares of this automotive components manufacturing company jumped around 3 percent in Thursday’s trading session after reporting an increase in net profits by 39 percent YoY. The shares have delivered more than 80 percent returns to its shareholders in one year.  With a market capitalization of Rs. 5,444 crores, the shares of Pricol Ltd started [...]