The share price of a sugar manufacturing company shot up 20 percent on Friday’s early trades to reach an intraday high of ₹ 119.88 apiece. This happened after the company announced robust results for the first quarter (April to June) of the financial year 2023-24. At 01:10 PM, its shares were trading 10.11 percent higher [...]
Godrej Agrovet Limited (GAVL) is a diversified, research and development-focused food and agri-business conglomerate, dedicated to improving the productivity of Indian farmers by innovating products and services that sustainably increase crop and livestock yields. GAVL holds leading market positions in the different businesses it operates - animal feed, crop protection, oil palm, dairy, poultry and [...]
Shares of this multibagger Bank stock jumped up to 11 percent on a Block Deal buzz. Moreover, the Bank made a change in the top management appointing a new Managing Director (MD) and Chief Executive Officer (CEO). With a market capitalization of Rs 4,700 crores, the stocks of South Indian Bank Limited, a Private-sector Bank, [...]
This stock shot up 10% within two hours of market open on Friday, showing signs of golden crossover backed by volumes ~4x the weekly average after a filing revealed information on new commissioning of a solar plant. The company boasts a Piotroski score of 7 and EPS growth of ~124% YoY with an ROE of [...]
State-owned SJVN Ltd has inked two pacts with Punjab State Power Corporation Ltd (PSPCL) to supply 1,200 MW of solar power from its projects, Punjab Chief Minister Bhagwant Mann said here on Thursday. Satluj Jal Vidyut Nigam signed two power purchase agreements (PPAs) for 1,200 MW of solar power recently. PSPCL had floated tenders for [...]
Mahindra & Mahindra Ltd on Friday said it has been imposed a penalty of over Rs 14.3 lakh for incorrect input tax credit availed during the transition from the excise regime to the GST regime by erstwhile Mahindra Vehicle Manufacturers Ltd, which has since been merged into it. In a regulatory filing, the company said, [...]
Shares of a Tata Group company gained 2.68% on Friday’s early trades to reach a new record high of ₹ 2027.70 apiece. This happened after the National Stock Exchange (NSE) announced its inclusion in the Nifty Next 50 index with effect from September 29. At 12:20 PM, Trent’s shares were trading at ₹ 2,000.00 apiece, [...]
Jalgaon is home to the global conglomerate known as Jain Irrigation Systems, or Jains. It creates, produces, provides support for, and markets a variety of goods, including drip and sprinkler irrigation systems. Jain Irrigation Systems (JIS) on Thursday said it is planning to raise around Rs 200 crore through preferential allotment of equity share warrants. [...]
The shares of one of India's leading EPC company in concrete sleepers for railways touched the upper circuit percent on Friday’s early trade after the company received an order of Rs 32 crore from the Indian Railways. At 11:15 p.m., GPT Infraprojects Ltd shares touched a 2 percent upper circuit of Rs 76.80 on the [...]
Shares of this micro-cap stock are trading in the green gaining up to 19 percent after a scheme of amalgamation proposed between the company and other Tata Group company. With a market capitalization of Rs 240 crores, the stocks of TRF Limited started their trading session on Friday at Rs 191.55 and currently trade at [...]
A mining and power generation firm, NLC India Ltd. (NLC) is a government of India enterprise. It runs open-pit lignite mines and generates electricity from coal, lignite, and renewable energy sources like the sun and wind. The NLC India on Thursday inked a pact with Rajasthan Urja Vikas Nigam for the supply of 300 MW [...]
ICRA Ltd is a credit rating and investment information company that is independent and qualified. Three business segments make up the company's operations: knowledge and market services, consulting services, and rating, research, and other services. Corporate hospitals are set to clock an 8-10 per cent revenue growth and strong margins in the current fiscal, ICRA [...]
On Friday, the shares of the infrastructure development company rose around 2 percent to Rs 52.20 a share after the company received an order from the National Highways Authority of India. At 12:30 p.m., Dhruv Consultancy Services Ltd shares were trading at Rs 52 a share on the National Stock Exchange, up 1.86 percent, with [...]
Equity benchmark indices fell in early trade on Friday amid bearish global cues and fresh foreign fund outflows. Markets also declined as IT stocks slipped. The 30-share BSE Sensex was down 297.62 points to 64,853.40. The NSE Nifty dipped 88.75 points to 19,276.50. From the Sensex pack, Tata Consultancy Services, Wipro, HCL Technologies, Infosys, Tech [...]
Fundamentally strong companies are those with a good financial base, such as those with a high return on equity, strong earnings growth, low debt-to-equity ratios, and significant net profit growth. Listed below are two fundamentally strong stocks with a buy rating of more than 15%. Affle Industries Ltd Affle (India) Limited offers a consumer intelligence [...]
Retail investors regularly monitor mutual fund investments in the market because they make sizable sums of investments that have the potential to impact changes in stock prices. Additionally, since it can be challenging for regular investors to discover all important information about a company, they frequently follow the activities of institutional funds, particularly mutual funds, [...]
The PM-eBus Sewa will act as a catalyst for promotion of electric vehicles across urban centers to drive the penetration of electric mobility, Society of Manufacturers of Electric Vehicles (SMEV) said on Thursday.he PM-eBus Sewa will support bus operations for 10 years. "Buses being a pivotal source of urban pollution, the decision will help substantially [...]
Leading DTH system operator Tata Play has reported a net loss of Rs 105.25 crore for the fiscal ended March 2023, according to financial data accessed by the business intelligence platform Tofler. The company reported a net profit of Rs 68.6 crore in FY22, as per the data. Its revenue from operations slipped 5.1% to [...]
Pyramid Technoplast Ltd allotted 16,59,600 shares to four anchor investors at Rs. 166 per share Mr. Bijaykumar Agarwal, Chairman and Managing Director of Pyramid Technoplast Ltd Mumbai (Maharashtra) [India], August 17: Pyramid Technoplast Limited has raised Rs. 27.54 crore from four anchor investors a day before its public issue opens for subscription. Company allotted 16,59,600 [...]
The NBFC stock has logged a return of more than 50% in a period of six months. Analysts remain bullish on the stock and have maintained a buy rating with a huge upside potential. The stock in focus here is Shriram Finance Limited. The shares opened at Rs. 1811.95 and gained up to 3% to [...]
