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Ambani group stock hits 5% upper circuit after company raises ₹ 1,500 Cr through QIP

Ambani group stock hits 5% upper circuit after company raises ₹ 1,500 Cr through QIP

Shares of this renewable energy company clocked 5 percent upper circuit after the company raised Rs.1,500 crores through the Qualified Institutions placement (QIP). The shares have delivered more than 60 percent returns to its shareholders.  With a market capitalization of Rs. 8,450 crores, the shares of Sterling and Wilson Renewable Energy Ltd started Friday’s trading [...]
Penny stock hits 5% upper circuit after it began production in its new textile manufacturing facility

Penny stock hits 5% upper circuit after it began production in its new textile manufacturing facility

The share price of this cotton and blended yarn manufacturer locked 5 percent upper circuit after the company began production of textiles at its new manufacturing unit in Gujarat.  Jayatma Industries Ltd belongs to the penny stock category with a market capitalization of Rs 9 crore. On Friday, the stock was trading near its 52-week [...]
EV stock in green after it announces investment of ₹ 100 Cr to manufacture Lithium-ion battery cell

EV stock in green after it announces investment of ₹ 100 Cr to manufacture Lithium-ion battery cell

The share of these battery manufacturers gained up to 1 percent after the company announced the investment of Rs.100 crore through subscription in the equity share capital of its wholly-owned subsidiary.  With a market capitalization of Rs 25,002.75 Crores, The shares of Exide Industries Ltd, were trading at Rs 295.55 a share, a decrease of [...]
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