“Preferential Issue” is a scenario where listed as well as unlisted companies raise funds by way of issuing equity shares or convertible securities to a select group of investors. Listed below are two companies whose Board of Directors (BOD) approved fundraising by way of preferential issue: Radhe Developers (India) Limited With a market capitalization of [...]
The shares of the largest carbon black manufacturer gained up to 8 percent after the company announced third-quarter results and declared an Interim Dividend. With a market capitalization of Rs 10,406.64 crore, the share of PCBL Ltd closed at Rs 275.70 per share, increased around 3.65 percent as compared to the previous closing price of [...]
The shares of one of the leading alcoholic beverage manufacturers jumped 2 percent in the day’s trade upon commencing operations in its newly set up ethanol plant. At 3:20 p.m the shares of Associated Alcohols & Breweries Limited were trading at Rs. 515.75, up 1.38 percent from its previous day’s close price of Rs. 508.75 [...]
The share price of the small-cap company rose by 1.9 percent to its intraday high of Rs 49.98 per share from its previous close of Rs 49.04 after the company received approvals for a hospital project with Narayana Hrudayalaya Ltd. Hampton Sky Realty Ltd has received approval to begin construction on the Hampton Narayana Superspeciality [...]
The market leader stock in the adhesives segment gained around 1.5 percent to Rs 2,771 per share on Monday after the company announced a partnership with Italy-based firm Syn-Bios. Pidilite Industries Ltd belongs to a large-cap category of stocks, with a market capitalization of Rs 1,40,226 crores. According to an exchange filing, Pidilite Industries Limited [...]
On Monday, the shares of this market leader in the local search engine segment gained up to 8 percent after the company’s net revenue and profit increased in the third quarter. With a market capitalization of Rs 7,587.51 crore, the shares of Just Dial Ltd were trading at Rs 892.35 per share, increasing around 2.34 [...]
Shares of this multibagger stock under the ‘mid-cap’ category jumped around 3 percent in Monday’s trading session after the company acquired 4.44 million shares of a US-based semiconductor startup for $3 Million. With a market capitalization of Rs 17,679.10 crores, the stocks of Kaynes Technology India Limited started their trading session on Monday at Rs [...]
Shares of this drone company jumped around 6 percent in Monday’s trading session after securing a contract from Indian Army for drone training. In six months, the shares have delivered more than 25 percent to its shareholders. With a market capitalisation of Rs. 470 crores, the shares of Droneacharya Aerial Innovations Ltd started Monday’s trading [...]
The share price of a midcap company known for its shaving razors, moved up by 1.40 percent and is currently trading at Rs. 6,896.65 from its previous close of Rs. 6,801.4. Nippon India Mutual Fund has bought 3.3 lakh equity shares worth Rs. 222.91 crores in Gillette India through the open market transactions at an [...]
On Monday the share price of the large-cap company rose by 1.4 percent to hit its 52-week high of Rs 2,780 per share from its previous close of Rs 2,740 after the company sold its wholly-owned subsidiary for USD 22 Million. Reliance Industries subsidiary REC Solar Holdings is set to sell Elkem ASA a 100 [...]
