RR Global Group stocks dropped up to 5.5 percent after the Income Tax Department began a search operation at some of the offices and manufacturing units of the Company and its Subsidiaries. The income tax authority initiated searches in Ram Ratna Wires Ltd and R R Kabel Ltd. RR Global is one of India’s largest [...]
The shares of this small-cap company gained up to 1.42 percent after the company’s board of directors approved Rs 550 crore fundraising through preferential issues. With a market capitalization of Rs 7,103.88 Crores. Man Infraconstruction Ltd, On Thursday, The shares were trading at Rs 191.35 a share, an increase of 1 percent from the previous [...]
The shares of the telecom company jumped around 2 percent after announcing a partnership with Truecaller to offer a Verified Business Caller ID Solution. With a market capitalization of Rs. 18,513 crores, the shares of Tata Teleservices (Maharashtra) started Thursday’s trading session on a higher note at Rs. 94.25 compared to the previous close at [...]
Realty stock which is one of the leading property developers in South India jumped 2 percent in the day’s trade after it acquired an additional 12.50 percent stake in its subsidiary for a consideration of Rs. 20.21 Crores. At 12:21 p.m. the shares of Brigade Enterprises were trading at Rs. 792.75, up 1.87 percent from [...]
Shares of this micro-cap stock jumped around 3 percent after the company secured an order worth Rs 230 crores from various Oil Manufacturing Companies (OMCs) for its Ethanol division. With a market capitalization of Rs 345.77 crores, the stocks of Modi Naturals Limited opened their trading hour on Thursday at Rs 304 and currently trades [...]
The shares of one of the leading players in the edible oil industry gained 5 percent to an intraday high price of Rs 129.80 per share after the company commenced operations at its Krishnapatnam Refinery Plant. Gokul Agro Resources Ltd is a small-cap company with a market capitalization of Rs 1,863 crore. On Thursday, At [...]
The share of this real estate company gained up to 0.32 percent after the company announced the acquisition of 80,563 equity shares of Rs 15.01 crore. Elpro International Ltd is a small-cap company with a market capitalization of Rs 1,549.38 crores. The company shares were trading at Rs 91.50 a share, a decrease of 2.07 [...]
ICICI Bank’s board has approved the demerger of this company’s shares, which is engaged in the business of broking, distribution of financial products, merchant banking, and advisory services. At 11:31 a.m the shares of ICICI Securities Limited were trading at Rs. 669.50, up 0.76 percent from its previous day’s close price of Rs. 664.45 and [...]
The shares of the microcap company received an order worth 121 million for the supply of Premium Dry Fruit (Cashew Nuts) along with the Infrastructure Materials Division for ERW Steel Pipes and HR Coils worth Rs. 121 million. With a market capitalization of Rs. 321 crores, the shares of Integra Essentia Ltd started Thursday’s trading [...]
Shares of this footwear stock under the ‘mid-cap’ category jumped around 6 percent in Thursday’s trading session after the company intimated regarding an agreement with a US-based firm to open and operate athletic apparel stores in India. With a market capitalization of Rs 38,056.95 crores, the stocks of Metro Brands Limited started their trading session [...]
The large-cap share rose 2.6 percent hitting its 52-week high of Rs 8,960 from its previous close of Rs 8732.75 on Tuesday after the company announced the acquisition of assets from one the largest cement manufacturers in Eastern India. Ultratech Cement Ltd has acquired the 0.54 mtpa cement grinding assets of Burnpur Cement Limited in [...]
The Company has fixed Tuesday, 12th December 2023 as the record date for determining entitlement of Members for issue and allotment of Bonus Equity Shares in the proportion of 1:1. For example, an investor receives one new fully paid-up equity share of Rs. 2/- for every existing fully paid-up equity share of Rs. 2/- that [...]
The shares of India’s leading airport & travel services aggregator rose 2.6 percent to an intraday high of Rs 567 per share after collaborating with Russia-based airport and lounge service aggregator "Grey Wall”. Dream Folks Ltd is a small-cap stock having a Rs 2,960 crore market value. The shares of the company have returned 15 [...]
The combination of profitability and growth—more specifically, the combination of economic profitability and free cash flow growth—is known as profitable growth. The goal of profitable growth is to entice the financial community. Here are the 3 stocks that have reported 7,291% net profit growth. SG Finserve Moongipa Securities Ltd is in the business of Investing [...]
The shares of the infrastructure company jumped 2 percent after the company entered into a concession agreement with Karnataka Maritime Board, Government of Karnataka. The shares in just six months have delivered more than 30 percent returns to its shareholders. With a market capitalization of Rs. 44,300 crores, the shares of JSW Infrastructure Ltd started [...]
‘Share unpledging’ or release of pledged shares refers to an act of removal of a pledge that was earlier made on the shares. Situations that trigger unpledging are repayment of dues and clearance of the outstanding loans against the pledge shares. Listed below are three stocks that reduced their pledged shares to ‘zero’ during the [...]
The shares of the leading non-banking financial company gained around 8 percent to hit a 52-week high price of Rs 163.20 on Wednesday’s trade after Morgan Stanley gave an overweight call on the stock. At 10:37 a.m., On Thursday, Manappuram Finance Ltd shares closed at Rs 158.85, down 1.91 percent from the previous close on [...]
Having zero debt or very little debt can grant a company financial stability in the long term. Debt can help to fuel growth and offer tax advantages, but it also carries risks like potential insolvency and financial strain. Only a small handful of public companies today have zero or near-zero debt. The Promoter holding is [...]
The share of this healthcare company fell by 13.26 percent after the company received an order from the Commissionerate of Sagar Sambhag, Madhya Pradesh to take over the premises of the hospital. Yatharth Hospital & Trauma Care Services Ltd is a small-cap company with a market capitalization of Rs 3,313.82 crores. The company shares closed [...]
Shares of this small-cap stock hit the 2 percent upper circuit after the company’s Board approved the Buyback of equity shares worth Rs 19.78 crores. Year-to-date, the company’s stock has delivered multibagger returns of more than 450 percent for its stakeholders. With a market capitalization of Rs 1,024.18 crores, the stocks of Rajoo Engineers Limited [...]
