The shares of Craftsman Automation zoomed 13.87% to reach a record high of ₹ 3,710.95 apiece on the National Stock Exchange (NSE). Its shares were quoted at ₹ 3635.00 apiece at 12:31 PM on Friday. The engineering company informed the bourses that it has entered into a definitive agreement on 29th December 2022, to acquire [...]
The shares of Punjab and Sind Bank inched up by 4 percent in the early hours on Friday as the stock was trading at Rs 33.35 levels. The stock jumped ahead of the board meeting scheduled today i.e, December 28th, 2022 to consider a proposal for raising funds of up to Rs 250 Crore by [...]
Reliance Consumer Products Ltd, the fast-moving consumer goods arm of Reliance Industries Ltd, will acquire a controlling stake in Lotus Chocolate. Reliance Consumer Products Ltd (RCPL) has entered into an agreement with the promoters of Lotus Chocolate, which manufactures chocolates, cocoa products and cocoa derivatives. As part of the share purchase agreement, RCPL proposes [...]
The year 2022 saw a number of stocks deliver high returns to their investors. Not only did the stocks make a new high but also the benchmark indices crossed certain important levels. As we approach the year-end, here is a list of 4 stocks under the Tata group that rallied the most: Indian Hotels Company [...]
Rama Steel Tubes is a small-cap company with a market capitalization of ₹ 1,509 crores. It operates in the industrial sector and is one of India’s top producers of rigid PVC & GI pipes and steel pipes & tubes. Its shares closed at ₹ 171.70 apiece on Thursday. The company declared a 4:1 bonus issue [...]
The Sugar stocks continued to rise on Thursday after the government announced high incentives for the company. On December 26th, the Ministry of Consumer Affairs announced a 100 percent incentive on sugar sacrificed for producing ethanol from B-heavy molasses, sugarcane juice, and syrup. On the sweet news, here are two multibagger sugar stocks that rallied [...]
The shares of Bhagawati Oxygen were locked in an upper circuit of 5 percent at Rs 50.45 levels in the early trading hours on Thursday. In the last five trading sessions, the stock has hit the upper circuit of 5 percent consecutively and gained approximately 22 percent. The covid 19 cases in India and across [...]
The shares of Gautam Gems Ltd surged 4.97% on Thursday’s early trades. They got locked at an upper circuit at 20.50 apiece. In fact, they hit the upper circuit for three days in a row. 5,45,651 shares worth ₹ 1.12 crore changed hands on Thursday. Gautam Gems is a Surat Based company and is an [...]
The Indian markets took a breather, after gaining for two days in a row. They opened lower tracking negative global cues, to shift between gains and losses amid volatility. They ended slightly in the red on Wednesday’s closing bell. The Sensex finished at 60,910.28 points, down 0.028% and the Nifty settled at 18,122.50 points, down [...]
Swan Energy Limited has bought shares of Veritas (India) Ltd, a small-cap company. The shares of Veritas gained 1.99% and are currently locked at an upper circuit. Meanwhile, Swan Energy closed 3.18% higher at ₹ 289.00 apiece. According to the Block Deals data available on the Bombay Stock Exchange (BSE), Swan Energy bought 11,10,000 shares [...]
