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IT stock jumps 5% after its associate company files for IPO

IT stock jumps 5% after its associate company files for IPO

The shares of the IT-enabled service provider gained over 5 percent in Tuesday’s trading session after the company announced that its associate company has filed for an IPO.  Stock Performance  With a market capitalization of Rs 257.79 crore, Dev Information Technology Ltd surged over 5 percent to an intraday high of Rs 116.80 per share [...]
Transmission stock jumps 6% after securing order worth ₹240 Cr transmission line

Transmission stock jumps 6% after securing order worth ₹240 Cr transmission line

The shares of a small-cap integrated transmission and distribution as well as pole manufacturing company, which operates in over 58 countries and provides comprehensive turnkey solutions, surged over 6 percent in today’s trade after securing a new order worth Rs 240 crore.  Price Action The shares of Transrail Lighting Ltd, with a total market capitalization [...]
Bluechip stock in focus after securing orders worth up to ₹5,000 Cr for Power Transmission & Distribution

Bluechip stock in focus after securing orders worth up to ₹5,000 Cr for Power Transmission & Distribution

This leading MNC conglomerate, which engages in engineering, construction, and manufacturing, is in focus after it bagged orders from India, Saudi Arabia, UAE, and Qatar worth up to Rs 5,000 crores Price Movement With a market capitalization of Rs 4,72,730 crore, the shares of Larsen and Toubro Ltd made a 52-week high of Rs 3,963.50 [...]
Debt free stock jumps 10% after signing €3.8 Mil trademark license agreement with German-based company

Debt free stock jumps 10% after signing €3.8 Mil trademark license agreement with German-based company

The shares of a small cap company primarily engaged in the manufacture of super abrasives, high precision grinding, honing, special purpose machines, and high precision components jumped around 10 percent in today’s trade after a major global acquisition.   Price Action  The shares of Wendt India Ltd, with a total market capitalization of Rs 1,852.60 Crore [...]
2:1 Bonus Shares: Monopoly stock jumps after company’s board announces bonus issue

2:1 Bonus Shares: Monopoly stock jumps after company’s board announces bonus issue

This Monopoly stock, Asia's oldest stock exchange and one of the largest stock exchanges globally, is engaged in providing a platform for trading in equities, derivatives, commodities, and other financial instruments, enhancing market efficiency, jumped 2 percent after the board announced a bonus issue of 2:1. Stock Price Movement: With a market capitalization of Rs. [...]
Microcap stock hits upper circuit after receiving ₹273 Cr LOI from Madhyanchal Vidyut Vitran Nigam

Microcap stock hits upper circuit after receiving ₹273 Cr LOI from Madhyanchal Vidyut Vitran Nigam

The shares of the Micro-Cap company, specializing in providing IT services and solutions focused on data management, software development, and consulting, hit a 2 percent upper circuit upon receiving Letters of Intent (LOIs) worth Rs. 273.12 crore from Madhyanchal Vidyut Vitran Nigam Ltd. Price action With a market capitalization of Rs. 236.06 crores on Tuesday, [...]
Stock hits 10% upper circuit after receiving multiple work orders from BEML and others

Stock hits 10% upper circuit after receiving multiple work orders from BEML and others

The shares of this microcap stock primarily engaged in manufacturing Railway Signaling Products and Metro Rail Rolling Stock Products, hit a 10 percent upper circuit after bagging multiple work orders from BEML and others with a total consideration of Rs 2.5 crore. Stock Performance With a market capitalization of Rs 87.87 crore, Presstonic Engineering Ltd [...]
FMCG stock with 20% market share in maize processing industry to add to your watchlist

FMCG stock with 20% market share in maize processing industry to add to your watchlist

This company’s maize processing capacity now stands at a staggering 5200TPD marking it one of the largest maize-processing companies in India. The company is also working to enhance its production capacity, with a target to reach 6000 TPD by 2026. Company Overview: Gujarat Ambuja Exports, the company that is currently the largest maize processing company [...]
Debt free stock jumps 10% after signing €3.8 Mil trademark license agreement with German-based company

Bulk Deal: Smallcap stock skyrockets 12% after 1,80,267 shares exchanged hands

The shares of a small cap company with a diversified portfolio, including exhibition management, event management, tourism, hospitality, and publication, and which has managed around 3000 events and exhibitions both domestically and internationally, surged around 12 percent in today’s trade following a bulk deal worth Rs 9.3 Crore. Price Action  The shares of Praveg Ltd, [...]
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