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IT stock jumps 4% after company’s board to sell optical fibre assets worth ₹ 208 Cr to retire debt 

IT stock jumps 4% after company’s board to sell optical fibre assets worth ₹ 208 Cr to retire debt 

Shares of this IT stock under the Hinduja Group jumped nearly 4 percent in Thursday’s trading session after the company’s Board of Directors (BOD) approved plans to monetize its assets for the purpose of retiring the company’s debt obligations.  With a market capitalization of Rs 3,730.93 crores, the stocks of Hinduja Global Solutions Limited opened [...]
FMCG stock hits upper circuit after company to increase production capacity

FMCG stock hits upper circuit after company to increase production capacity

FMCG stock engaged in the business of manufacturing and supplying various types of processed coffee and coffee based products across domestic and overseas markets hits 2 percent upper circuit following capacity and business expansion plans.  With a market capitalization of Rs. 599 Crores, the shares of Vintage Coffee & Beverages Limited hit a 2 percent [...]
Market leader stock jumps after entering into a JV agreement with LCGC Resolute Group

Market leader stock jumps after entering into a JV agreement with LCGC Resolute Group

A diversified B2B company having three business verticals; Consumer Durables, Electronics (EMS) and Railway Subsystems & Mobility have recently entered into a Joint Venture Agreement following which its share prices moved up by nearly 4.78 percent on BSE to Rs. 3,380 on Thursday, compared to its previous closing price of Rs. 3,225.55.  With a market [...]
Multibagger pharma stock hits 5% upper circuit after announcing 1:10 stock split and 1:1 bonus issue

Multibagger pharma stock hits 5% upper circuit after announcing 1:10 stock split and 1:1 bonus issue

Multibagger pharma stock engaged in dealing, marketing, and manufacturing rubber contraceptives and allied prophylactic products, hit a 5 percent upper circuit in the day’s trade upon announcing a stock split and bonus issue of the equity shares of the company in the ratio of 1:1  With a market capitalization of Rs. 2,730 Crores, the shares [...]
Large cap stock in green after announcing the acquisition of Solapur Transmission Limited 

Large cap stock in green after announcing the acquisition of Solapur Transmission Limited 

Shares of this integrated power utility company jumped around 1 percent in Thursday’s trading session after the acquisition of Solapur Transmission Limited. The shares have delivered a multibagger return of 135 percent in one year to its shareholders.  With a market capitalization of Rs. 58,712 crores, the shares of Torrent Power Ltd started Thursday’s trading [...]
Market leader stock jumps after entering into a JV agreement with LCGC Resolute Group

Stock jumps 3% after company’s board incorporated subsidiary for payment aggregator 

India's leading online insurance and lending product aggregator firm gained 3 percent to ₹1,150 per share on Thursday after the company board approved the incorporation of a payment aggregator subsidiary.  At 12:05 p.m., PB Fintech Ltd. shares were trading at ₹1,137 apiece, up 1.8 percent on the National Stock Exchange, and the company has a [...]
Microcap stock jumps 7% after it bought 33,570 shares in  Sheela Foam

Microcap stock jumps 7% after it bought 33,570 shares in Sheela Foam

Shares of this micro-cap stock jumped approximately 7 percent in Thursday’s trading session after the company bought 33,570 equity shares of an India-based company that is a leader in Polyurethane (PU) Foam for investment purposes. In the last five trading sessions, the company’s stock has jumped nearly 10 percent.  With a market capitalization of Rs [...]
Stock jumps after it secures 4th consecutive order for solar water pumping system worth ₹ 9 Cr

Stock jumps after it secures 4th consecutive order for solar water pumping system worth ₹ 9 Cr

The shares of the electrical equipment manufacturer gained up to 2 after the company 2.1 percent after the company secured its fourth consecutive order for a solar water pumping system worth Rs 9 crore.  With a market capitalization of Rs 17,299.58 crore, the shares of Crompton Greaves Consumer Electricals Ltd were trading at Rs 269 [...]
Railway stock jumps 3% after it acquires Bonatrans India for ₹ 271 Cr

Railway stock jumps 3% after it acquires Bonatrans India for ₹ 271 Cr

Railway stock engaged in manufacturing metal fabrication, railway wagons, wagon components, castings, and many more jumped 3 percent in the day’s trade following the strategic acquisition of Bonatrans India Private Limited for a consideration of Rs. 271 Crores.  With a market capitalization of Rs. 14,148 Crores, the shares of Jupiter Wagons Limited were trading at [...]
Multibagger IT stock hits 5% upper circuit after company announces ₹ 170 Cr fundraise

Multibagger IT stock hits 5% upper circuit after company announces ₹ 170 Cr fundraise

This technological service firm's shares rose 5 percent to ₹982 per share on Thursday after raising ₹70 crores through preferential allotment of equity shares and warrants.  On Thursday’s early trade, ASM Technologies Ltd. hit a 5 percent upper circuit to ₹982 apiece on the exchange, and the company has a market capitalization of ₹1,078 crores.  [...]
Railway stock jumps 3% after company receives an order worth ₹ 99 Cr

Railway stock jumps 3% after company receives an order worth ₹ 99 Cr

Multibagger Stock engaged in providing telecom infrastructure like virtual private networks, internet leased in line and many more throughout India jumped 3 percent in the day’s trade upon receiving a work order worth Rs. 99 Crores from Bihar Education Project Council.  With a market capitalization of Rs. 11,616 Crores, the shares of Railtel Corporation of [...]
IT stock jumps 14% after company announces acquisition of 60% stake in Anups Silicon Services

IT stock jumps 14% after company announces acquisition of 60% stake in Anups Silicon Services

Share price of this small-cap stock and a pioneer in Product Engineering and Digital Transformation moved up by nearly 14.1% to Rs. 1,724.8 on BSE in the morning trading session of Thursday, compared to its previous closing price of Rs. 1,511.6, after the Board of the company approved an acquisition.  With a market capitalisation of [...]
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