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Penny stock jumps 5% after company declares 1:1 bonus issue

Penny stock jumps 5% after company declares 1:1 bonus issue

Penny which is one of the leading players in brass parts manufacturing, including Brass Fittings, Brass Forging Equipment, and many more jumped 5 percent in the day’s trade upon announcing a bonus issue in the ratio of 1:1.  Price Action  With a market capitalization of Rs. 212 Crores, the shares of Sprayking Limited were trading [...]
Auto ancillary stock jumps 5% after board approves investment of €13.65 Mil in Qorix GmbH

Auto ancillary stock jumps 5% after board approves investment of €13.65 Mil in Qorix GmbH

The shares of the multinational software company gained up to 5 percent after the company’s board approved a joint venture investment agreement to invest up to 13.65 million euros in Qorix GmbH.  The shares of KPIT Technologies Ltd were trading at Rs 1,688.70 per share, increasing around 3.28 percent as compared to the previous closing [...]
Smallcap stock jumps 20% after company announces 3:1 bonus issue

Smallcap stock jumps 20% after company announces 3:1 bonus issue

Shares of this smallcap company clocked 20 percent upper circuit in Monday’s trading session after the board announced bonus shares in the ratio of 3:1. In just five trading sessions, the shares have delivered around 45 percent returns to its shareholders.  Price Movement:  With a market capitalization of Rs. 2,025 crores, the shares of GRP [...]
Miniratna stock jumps 10% after receiving order worth ₹ 175 Cr from Defence Min. of Bangladesh

Miniratna stock jumps 10% after receiving order worth ₹ 175 Cr from Defence Min. of Bangladesh

Defence stock engaged in catering to the shipbuilding requirements of the Indian Navy and the Indian Coast Guards jumped 10 percent in the day’s trade upon receiving a work order worth Rs. 175 Crores from the Bangladesh Ministry of Defence.  Price Action  With a market capitalization of Rs. 26,245 Crores, the shares of Garden Reach [...]
Pharma stock jumps 4% after it partners with Cipla for distribution of new UTI drug across India 

Pharma stock jumps 4% after it partners with Cipla for distribution of new UTI drug across India 

The Shares of the leading pharmaceutical firm gained 4.2% to an intraday high of ₹1,188.10 per share after it partnered with Cipla for the distribution of the new Urinary Tract infections(UTI) drug called Cefepime Enmetazobactam across India.  At 11:40 a.m., Orchid Pharma Ltd shares were trading at ₹1,156.70 per share, up 1.48 percent from the [...]
Green energy stock jumps 6% after company reports 382% YoY growth in loan sanctions 

Green energy stock jumps 6% after company reports 382% YoY growth in loan sanctions 

On Monday's early trade, shares of this NBFC firm, which provides financial assistance for renewable energy (RE) projects, surged 6% to ₹202 per share after the company reported a 382% year-on-year growth in loan sanctions.  At 10:50 a.m., on Monday’s trade, Indian Renewable Energy Development Agency Ltd (IREDA) shares were trading at ₹197.20 per share, [...]
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