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FMCG stock hits 20% upper circuit after it receives USFDA approval for its products 

FMCG stock hits 20% upper circuit after it receives USFDA approval for its products 

FMCG stock engaged in the business of providing processed agricultural products, frozen snacks, and traditional regional food and many more hit a 20 percent upper circuit in the day’s trade upon receiving USFDA approval for its products.  Price action  With a market capitalization of Rs. 193 Crores, the shares of Tanvi Foods (India) Limited hit [...]
Ethanol stock jumps after receiving order worth ₹ 18.8 Cr to supply 2,713 KL ethanol to OMCs 

Ethanol stock jumps after receiving order worth ₹ 18.8 Cr to supply 2,713 KL ethanol to OMCs 

In Monday's trading session, shares of a leading speciality chemical and ethanol manufacturer surged 3.4 percent on BSE to Rs. 206.65, after the company received a tender to supply 2,713 Kiloliters of ethanol to Oil Marketing Companies (OMCs).  At 02:10 p.m., the shares of Gulshan Polyols Limited were trading in the green at Rs. 203.8, [...]
Infra stock hits 5% upper circuit after receiving work order worth ₹ 181.45 Cr from North Central Railway 

Infra stock hits 5% upper circuit after receiving work order worth ₹ 181.45 Cr from North Central Railway 

Infra stock engaged in the business of civil construction of building roads, bridges, foot overbridges, earthworks, and numerous other Infrastructure constructions hits a 5 percent upper circuit in the day’s trade upon receiving a work order worth Rs. 181.45 Crores from North Central Railway.  Price action  With a market capitalization of Rs. 967 Crores, the [...]
Green energy stock jumps 4% after receiving an order for ground mount solar power plant 

Green energy stock jumps 4% after receiving an order for ground mount solar power plant 

Shares of this smallcap company jumped around 4 percent in Monday’s trading session after receiving an order worth over Rs. 17.82 crores for Ground Mount Solar Power Plant. On a YTD basis, the shares have delivered a multibagger return of 240 percent to its shareholders.  Price Movement:  With a market capitalization of Rs. 1,192 crores, [...]
Penny stock jumps 5% after company declares 1:1 bonus issue

Penny stock jumps 5% after company declares 1:1 bonus issue

Penny which is one of the leading players in brass parts manufacturing, including Brass Fittings, Brass Forging Equipment, and many more jumped 5 percent in the day’s trade upon announcing a bonus issue in the ratio of 1:1.  Price Action  With a market capitalization of Rs. 212 Crores, the shares of Sprayking Limited were trading [...]
Auto ancillary stock jumps 5% after board approves investment of €13.65 Mil in Qorix GmbH

Auto ancillary stock jumps 5% after board approves investment of €13.65 Mil in Qorix GmbH

The shares of the multinational software company gained up to 5 percent after the company’s board approved a joint venture investment agreement to invest up to 13.65 million euros in Qorix GmbH.  The shares of KPIT Technologies Ltd were trading at Rs 1,688.70 per share, increasing around 3.28 percent as compared to the previous closing [...]
Railway stock hits upper circuit after receiving work order worth ₹ 349.47 Mil from K-Ride

Railway stock hits upper circuit after receiving work order worth ₹ 349.47 Mil from K-Ride

The shares of this railway infrastructure provider hit a 2 percent upper circuit of Rs 104.05 apiece after the company bagged a new work order from K-Ride under Rail Infrastructure Development Company (Karnataka) Limited worth Rs 349.47 million.  With a market capitalization of Rs 174.01 crore, the shares of BCPL Railway Infrastructure Ltd were trading [...]
Smallcap stock jumps 20% after company announces 3:1 bonus issue

Smallcap stock jumps 20% after company announces 3:1 bonus issue

Shares of this smallcap company clocked 20 percent upper circuit in Monday’s trading session after the board announced bonus shares in the ratio of 3:1. In just five trading sessions, the shares have delivered around 45 percent returns to its shareholders.  Price Movement:  With a market capitalization of Rs. 2,025 crores, the shares of GRP [...]
Auto ancillary stock jumps 5% after board approves investment of €13.65 Mil in Qorix GmbH

Largecap stock jumps 3% after receiving international order worth ₹ 1,100 Cr from Wilson ASA

Shares of this large-cap company jumped around 3 percent in Monday’s trading session after receiving an international order worth Rs. 1,100 crores for the construction of 6,300 TDW Dry Cargo Vessels. In just six months, the stock has delivered a multi-bagger return of 231 percent to its shareholders.  Price Movement:  With a market capitalization of [...]
Miniratna stock jumps 10% after receiving order worth ₹ 175 Cr from Defence Min. of Bangladesh

Miniratna stock jumps 10% after receiving order worth ₹ 175 Cr from Defence Min. of Bangladesh

Defence stock engaged in catering to the shipbuilding requirements of the Indian Navy and the Indian Coast Guards jumped 10 percent in the day’s trade upon receiving a work order worth Rs. 175 Crores from the Bangladesh Ministry of Defence.  Price Action  With a market capitalization of Rs. 26,245 Crores, the shares of Garden Reach [...]
Pharma stock jumps 4% after it partners with Cipla for distribution of new UTI drug across India 

Pharma stock jumps 4% after it partners with Cipla for distribution of new UTI drug across India 

The Shares of the leading pharmaceutical firm gained 4.2% to an intraday high of ₹1,188.10 per share after it partnered with Cipla for the distribution of the new Urinary Tract infections(UTI) drug called Cefepime Enmetazobactam across India.  At 11:40 a.m., Orchid Pharma Ltd shares were trading at ₹1,156.70 per share, up 1.48 percent from the [...]
Vladimir Okhotnikov analyzes the Binance saga: power struggles and state intervention

Vladimir Okhotnikov analyzes the Binance saga: power struggles and state intervention

In a recent analysis of the Binance case Vladimir Okhotnikov reflects on pivotal historical events. The expert draws comparisons between the downfall of the Knights Templar and the East India Company with the modern situation. He highlights parallels between powerful private entities and states. Similarly, Binance faced a comparable fate, encountering stringent legal sanctions imposed [...]
Green energy stock jumps 6% after company reports 382% YoY growth in loan sanctions 

Green energy stock jumps 6% after company reports 382% YoY growth in loan sanctions 

On Monday's early trade, shares of this NBFC firm, which provides financial assistance for renewable energy (RE) projects, surged 6% to ₹202 per share after the company reported a 382% year-on-year growth in loan sanctions.  At 10:50 a.m., on Monday’s trade, Indian Renewable Energy Development Agency Ltd (IREDA) shares were trading at ₹197.20 per share, [...]
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