Household products and stationery manufacturer Cello World Ltd has filed preliminary papers with capital market regulator SEBI to raise Rs 1,750 crore through an initial public offering (IPO). The maiden public issue is a complete offer for sale (OFS) by promoters and other selling shareholders with no fresh issue of equity share component, according to [...]
This S&P BSE Smallcap stock made 52 week high after receiving an order in North America. The stock has a market cap of Rs. ~9,545 crore and has been on an uptrend since ~July 2022 - increasing 3.8x since. Buoyant momentum and investors’ sentiment is emphasized by its price currently being ~41% above its 20 [...]
The shares of the leading manufacturer of PVC profiles locked around a 2 percent upper circuit on Wednesday’s early trade after ace investor Ashish Kacholia bought a stake in the company. At 11:15 p.m., Dhabriya Ltd shares touched around 2 percent upper circuit of Rs 286.50 apiece on the Exchange, and the company has a [...]
Shares of a large-cap company were in the green after it reported better-than-expected results for the June quarter. At 12:38 AM, its shares were trading at ₹ 450.50 apiece on the National Stock Exchange (NSE). ITC’s key segments performed well, however, the results for agri and paperboard segments were subdued. The stock took a breather [...]
Shares of this Miniratna stock fell up to 9 percent on Wednesday post the release of financial results for the quarter ended June 2023. The company has a market capitalization of Rs 13,900 crores. The stocks of Hindustan Copper Limited opened their trading hour on Wednesday at Rs 145 and currently trade at Rs 143.90. [...]
Coal India Ltd's capital expenditure rose 8.5 per cent during April-July this fiscal to Rs 4,700 crore as it continued to invest heavily in evacuation infrastructure, land, and mining machinery, officials said. The capex spend during the first four months of the current fiscal year which started in April, was almost 100 per cent of [...]
Mahindra & Mahindra expects electric vehicle production at its upcoming plant in Chakan in Maharashtra to hit the peak production mark of 2 lakh units per annum between 2027 and 2029, according to company President -Automotive Sector Veejay Nakra. The company estimates that EVs would account for 30 per cent of the overall volumes by [...]
The shares of basmati rice exporter gained 4.5 percent to Rs 121.20 apiece on Wednesday following the company’s impressive June Quarter financial results. At 1:35 p.m.,Sarveshwar Foods Ltd shares were trading at Rs 120.95 a share on the National Stock Exchange, up Rs 5.35 or 4.63 percent. The company has a market capitalization of Rs [...]
A New Year wish in Jan 2022 would be to make good profits on your portfolio. This would have fructified by 900% if one would have invested in a multibagger called Spacenet Enterprises India Ltd, a global fintech enterprise (NSE: SPCENET). Disruptive tech stocks have been the darling of stock markets but Spacenet has now [...]
On Wednesday, the shares leading manufacturer of Drip Irrigation Systems rose 5.7 percent to Rs 25.60 per share after the company announced impressive June quarter financial results. At 12:56 p.m. on the Exchange, Captain Polyplast Ltd shares were trading at Rs 25.35 per share, up Rs 1.16 or 4.80 percent from the previous close price. [...]
Leading financial/investment institutions, commercial banks, and financial services firms founded ICRA Limited (formerly known as Investment Information and Credit Rating Agency of India Limited) in 1991 to serve as an independent and qualified investment information and credit rating agency. The telecom services industry is expected to post moderate revenue growth of 7-9 per cent in [...]
Debt-ridden telecom operator Vodafone Idea on Monday said its consolidated net loss widened to Rs 7,840 crore in the first quarter ended June 30. The company had posted a net loss of Rs 7,295.7 crore in the same period a year ago. The consolidated revenue from operations during the reported quarter increased marginally by 2.3 [...]
Stainless steel flexible hose manufacturer Aeroflex Industries Ltd on Wednesday said it has a fixed price band of Rs 102-108 a share for its Rs 351-crore initial public offering (IPO). The maiden public issue will open for subscription on August 22 and conclude on August 24. The bidding for anchor investors will open on August [...]
Shares of this multibagger metal stock rose 11 percent after it bagged orders worth more than 700 crores across various business verticals. In the last one month, the stocks of the company rose around 10.60 percent from Rs 84.95 to the current price level. With a market capitalization of Rs 1,300 crores, the stocks of [...]
This Microcap stock has moved up ~66% since March 2023, and hit 20% upper circuit on Wednesday close to an hour after markets opened after the holiday. Reported results for Q1 FY24 late on Monday were more than outstanding. The stock is supported by strong community sentiment and volumes driving momentum toward its 52 week [...]
Shares of a green energy company hit the 5 percent upper circuit on Wednesday’s early trades after it entered into a strategic partnership with the Maharashtra Government. At 12:11 Pm, its shares were locked at ₹ 356.70 apiece on the Bombay Stock Exchange (BSE). KP Energy informed the exchanges that it has entered into a [...]
Taiwanese electronics manufacturing giant Foxconn sees the potential of investing several billions of dollars in India if it gets to completely implement its plan, a top official of the company said. Hon Hai Technology Group (Foxconn) Chairman and CEO Young Liu during the company's second-quarter earnings call on Friday said that the company's Indian arm [...]
State-owned Punjab & Sind Bank plans to double its ATM network to about 1,600 in the next two years to increase its touch points and brand visibility. Besides, the bank also intends to open 50 more branches during the current financial year taking the total network beyond 1,600, Punjab & Sind Bank managing director Swarup [...]
Aster DM Healthcare Aster DM Healthcare Limited is one of the largest private healthcare service providers operating in GCC and in India. With an inherent emphasis on clinical excellence, we are one of the few entities in the world with a strong presence across primary, secondary, tertiary, and quaternary healthcare through our 33 hospitals, 127 [...]
Net Profits, a popular metric followed in the finance sector, has the eyes of each and every brokerage house, investment advisor, and many other organizations since the net profit figure represents a lot about the company’s future outlook and the capabilities to perform. Listed below are three Auto Ancillary stocks under the ‘small-cap’ category having [...]
