The civil construction industry in India is a vital sector, contributing approximately 8.2% to the national GDP, valued at around $639 billion in 2023. It employs over 49.5 million people and is projected to reach $1.4 trillion by 2025, driven by rapid urbanization and significant government investments in infrastructure projects. With a market capitalization of [...]
India's top drug regulatory body, the Central Drugs Standard Control Organisation (CDSCO), has identified 53 drug samples that failed to meet quality standards, according to a report by NDTV. Pharmaceutical firms such as Sun Pharma Laboratories Ltd., Glenmark Pharmaceuticals Ltd., and Alkem Health Science Ltd. have been cited in this quality breach, as per CDSCO’s [...]
The shares of this micro-cap electrical company rose 2% upper circuit in Wednesday trading session after it was appointed as the specialised agency responsible for the power supply system by the Airports Authority of India. Share price variations: With a market capitalization of Rs. 211.00 crores, the shares of Power & Instrumentation (Gujarat) Ltd opened [...]
Penny stock engaged in manufacturing and installing a diverse range of aluminum products like facade systems, cladding, doors, curtain walls, and many more jumped upto 4 percent in the day’s trade upon receiving a new work order worth Rs. 10.22 Crores from Viceroy Properties LLP. Price Action With a market capitalization of Rs. 171 Crores, [...]
India is on the verge of a significant growth trajectory, establishing itself as one of the fastest-growing economies in the medium term, according to a recent report by international brokerage firm Goldman Sachs. In its comprehensive analysis, the brokerage noted that after a decade-long downturn, India's economic and earnings landscape has begun to stabilize, indicating [...]
The shares of the wind power solution provider gained up to 1 percent after the company signed the Power Purchase Agreement with Gujarat Urja Vikas Nigam Limited. With a market capitalization of Rs 2,933.03 crore, the shares of K.P. Energy Ltd were trading at Rs 441.15 per share, increasing around 0.03 percent as compared to [...]
The shares of the micro-cap company engaged in the trading business of commodities rose 20% upper circuit on Thursday after the board approved the allotment of equity shares through right issue. Share price variations: With a market capitalization of Rs. 41.50 crores, the shares of Dhyaani Trade Ventures Limited opened the trading session at Rs. [...]
Small cap stock engaged in the manufacturing of Writing instruments, stationeries, and many more jumped 6 percent in the day’s trade upon forming joint venture with Mitsubishi Pencil Company, Japan. Price Action With a market capitalization of Rs. 1,125 Crores, the shares of Linc Limited were trading at Rs. 756.30 per equity share, up 4 [...]
During Thursday’s trading session, the shares of one of the leading industrial services and construction companies surged nearly 1 percent to Rs. 6,681.4 on BSE, after securing an order worth Rs. 226.66 crores from Gujarat Mineral Development Corporation Limited, a Government of Gujarat Enterprise. With a market capitalisation of Rs. 10,526.6 crores, at 02:36 p.m., [...]
The shares of integrated technical services providers gained up to 4 percent after the company received a prestigious order from the Ministry of Defence, Sri Lanka, valued at Rs 14.54 crore. With a market capitalization of Rs 2,998.23 crore, the shares of Marine Electricals (India) Ltd were trading at Rs 226 per share, decreasing around [...]
During Thursday’s trading session, the shares of a company engaged in providing Information security auditing and Consulting surged 3 percent to Rs. 140.9 on BSE, after the company got empanelled by National Informatics Centre Services Incorporated (NICSI), a Government of India Enterprise. With a market capitalisation of Rs. 171.6 crores, the shares of AAA Technologies [...]
The shares of this smallcap company jumped around 1 percent in Thursday’s trading session after receiving a letter of acceptance worth Rs. 29.20 crores from the City and Industrial Development Corporation (CIDCO). In one year, the stock has delivered more than a 200 percent return to its shareholders. Price Movement: With a market capitalization of [...]
Promoters reducing their stake in the company can be triggered by various reasons. It can be for fundraising, regulatory requirements, exit strategy, Changes in the Promoter's Vision or Strategy, investment opportunities and much more. Reducing promoter stake does not always signal a negative outlook for the company, but it is important for investors to assess [...]
Shares of this small-cap company, primarily focused on express distribution and supply chain solutions, surged nearly 5 percent after announcing a 10.2 percent average General Price Increase (GPI) effective from January 1, 2025, for its Express Distribution services. Share Price Movement In Thursday’s trading session, Allcargo Gati Ltd shares reached an intra-day high of Rs.119.9 [...]
The shares of the consultancy service provider gained up to 18 percent after the company received SEBI Approval for 'ImpactR SM-REIT'. With a market capitalization of Rs 393.93 crore, the shares of Rudrabhishek Enterprises Ltd were trading at Rs 227.15 per share, increasing around 17 percent as compared to the previous closing price of Rs [...]
During Thursday’s trading session, the shares of one of the top 3 laminate manufacturers in the world surged nearly 5 percent to Rs. 540.15 on BSE, after the company announced incorporating a subsidiary in Bangladesh. With a market capitalisation of Rs. 6,492.2 crores, the shares of Greenlam Industries Limited opened at Rs. 540.15, compared to [...]
This Adani company, one of the largest in the renewable energy sector, surged following the acquisition of a 2.96 percent equity stake by promoter entities Hibiscus Trade and Investment and Ardour Investment Holding. Share Price Movement In Thursday’s trading session, Adani Green Energy Ltd shares climbed 1.2 percent to an intra-day high of Rs.2,091.85 per [...]
The shares of this smallcap company jumped upto 2 percent in Thursday’s trading session after receiving an order worth Rs. 3.45 crores from Bharat Electronics. Price Movement: With a market capitalization of Rs. 4,245 crores, the shares of Avantel Ltd started Thursday’s trading session on a flatter note at Rs. 177.70 compared to its previous [...]
Stock held by Vijay Kedia engaged in providing robotic and automation solutions for Industrial Automation and many others jumped upto 10 percent in the day’s trade following NSE approval for the migration of trading company’s shares from SME to mainboard of NSE. Price Action With a market capitalization of Rs. 736 Crores, the shares of [...]
During Thursday’s trading session, the shares of India's largest private sector bank surged 0.2 percent to Rs. 1,782.75 on BSE, after UBS Principal Capital Asia Limited bought shares worth nearly Rs. 543 crores in the company via a block deal on BSE. With a market capitalisation of Rs. 13.5 lakh crores, the shares of HDFC [...]
