On Friday the share price of the small-cap company rose by 3 percent to its 52-week high of Rs 1540.05 per share from its previous close of Rs 1495.30 after the company received a new order from its wholly-owned subsidiary. In the filing of KPI Green Energy Ltd, the company received a new order of [...]
The shares of the leading e-commerce beauty product platform fell by around 4 percent to Rs 186.35 per share on Friday after reports suggested a likely stake sale by FII in the company. FSN E-Commerce Ventures Ltd is a Mid-cap stock, with a market capitalization of Rs 54,487 crores. At 11:50 a.m., the company shares [...]
The shares of the leading infra-construction company gained up to 7 percent after the company received an order worth Rs 716.11 Crore from the central railway. With a market capitalization of Rs 5,971.30 crore, the shares of H.G. Infra Engineering Ltd were trading at Rs 916.25 per share, increasing around 3.35 percent as compared to [...]
The Association of Mutual Funds of India (AMFI) on January 4 announced the new market categorization list for H1 CY24. As per AMFI the Largecap threshold now stands at Rs 67,000 crore, up from Rs 49,700 crore in June 2023. Midcap cut-off has risen to Rs 22,000 crore from Rs 17,400 crore. AMFI classifies largecap [...]
A company of a ‘fundamentally strong’ nature portrays certain characteristics, viz, strong and consistent financial performance, lower leverage ratios, and many more. Listed below is one such fundamentally strong stock in which a couple of well-known ace investors based in India, viz, Mr. Vijay Kedia and Ms. Dolly Khanna, reduced their respective holdings during the [...]
A resource that produces pollution, such as fossil fuels, cannot be considered green energy. This indicates that the renewable energy business does not employ only green sources. For example, electricity generation that burns organic material from sustainable forests may be renewable, but it is not always green owing to the CO2 released during the combustion [...]
One of the largest telecom tower company stocks gained around 3 percent in the last two trading sessions after BoFA Securities revised a target on stock with an upside of 26 percent. The stock belongs to the large-cap category with a market capitalization of Rs 57,792 crore. While Indus Towers shares have gained 31 percent [...]
The Government of India has now made the blending of compressed biogas (CBG) with natural gas mandatory, which is used to run vehicles and power kitchens. According to a notification released by the Petroleum Ministry, Compressed Bio-Gas Blending Obligation (CBO) will be voluntary till FY25. Blending obligations will become mandatory from FY26 keeping 1 percent, [...]
The shares of one of the largest manufacturers and dealers of salt gained 14 percent after Tryrock Capital Trust, an insurance company, trimmed its stake in the company. As per the NSE data, the insurance company sold 1.92 lakh equity shares on Wednesday, which is around 1.07 percent of the equity stake, in Goyal Salt [...]
Shares of this JSW Group company soared approximately 15 percent in Thursday’s trading session after the company’s Parent plans for an IPO to fund its expansion. Year-to-date, the company’s share has, so far, gained close to 10 percent. With a market capitalization of Rs 1,150.31 crores, the stocks of Shiva Cement Limited closed at Rs [...]
