With a market value of Rs 1,128 crores, the shares of Stainless Steel Wire Rod Manufacture surged 12.7% on Friday and hit a 52-week high price of Rs 101.50 a share. SAT Industries Ltd shares were trading at Rs 99.50 on the NSE at 1:28 p.m., up 10.68 percent, after Societe General bought a 1.42% [...]
Vijay Kedia and Dolly Khanna’s portfolio stock appreciated to the tune of 13 percent to reach a fresh 52-week high of ₹ 816.90 on Friday after it received multi-year orders. Ace investor Vijay Kedia holds 150,000 shares or a 1.2 percent stake in the company. He recently decreased his stake in the company from 1.3 [...]
Shares of this small-cap stock are trading in the green today after it announced Joint Venture (JV) with the main focus on biofuels production in India. Year-to-date, the scrip has soared around 11 percent. With a market capitalization of Rs 7,300 crores, the stocks of Praj Industries Limited spiked more than 7 percent today and [...]
Union Road Transport and Highways Minister Nitin Gadkari announced that he has approved the draft notification to mandate the installation of air-conditioning systems in the cabins of N2 and N3 category trucks. The government plans to implement this regulation starting from January 2025. Following the announcement, the shares of Subros, an automotive air-conditioning manufacturer surged [...]
With a market capitalization of Rs 3,630 crores, the shares of the world's leading provider of defence training solutions rose 4.5 percent on Friday. Zen Technologies Limited shares were trading at Rs 429.90 on the NSE at 12:25 p.m., up 2.45 percent, after the company received an order of Rs 160 crore from the Indian [...]
C.E. Info Systems Ltd is India's top advanced digital maps and deep-tech firm, also known as MapmyIndia in India and Mappls abroad. It is India’s most comprehensive GPS navigation and tracking service provider. MapmyIndia provides navigation, tracking, IoT, analytics, and web mapping services for desktop and mobile devices to companies such as Olx, Flipkart, Uber, [...]
An entity on Thursday offloaded shares of Piramal Enterprises for Rs 575 crore through open market transactions. According to the block deal data available with the BSE, SmallCap World Fund Inc sold a total of 61,09,068 shares of Piramal Enterprises 17 tranches. The shares were disposed at an average price of Rs 941.15 apiece, taking [...]
Amara Raja Electronics Ltd on Thursday said it has acquired a stake in engineering design firm Design Alpha. The acquisition will position Amara Raja Electronics Ltd AREL as a fully integrated electronic systems design and manufacturing (ESDM) company, unlocking numerous opportunities in the electronics manufacturing business, the company said in a statement without disclosing the [...]
Billionaire Gautam Adani-led group's renewable energy firm on Thursday announced plans to raise Rs 12,300 crore through a share sale to investors as the group continues to build on a comeback strategy to emerge out of allegations of fraud levelled by a US short-seller. Adani Green Energy Ltd in a stock exchange filing said its [...]
JSW Steel is aiming to nearly double its capacity to 50 million tonnes in the next three years, chairman Sajjan Jindal said on Thursday. The city-headquartered company is also aiming to shift to renewable sources of power to fire the entire 50 million tonnes of production, Jindal said speaking at an event organized by the [...]
Tata Steel on Thursday its consolidated production declined to 7.08 million tonnes (MT) in the first quarter of FY24. The company's consolidated production was at 7.67 MT during April-June of the preceding financial year, Tata Steel said in a statement. Consolidated deliveries however rose 7.97 pc to 7.04 MT from 6.52 MT in the same [...]
Benchmark stock indices Sensex and Nifty traded flat in early trade on Friday due to profit-taking in financials and IT shares amid weak global cues. The 30-share BSE Sensex opened lower and fell further by 294 points to hit a low of 65,785.64 in early trade. The BSE barometer was trading at 65,767.85, down by [...]
This multibagger stock has delivered 103 percent returns in the past year, as its share price increased from ₹ 41.20 to ₹ 83.47. Therefore, if an investor had invested ₹ 1 lakh in the company’s shares a year ago, the value of their holdings would have been ₹ 2.03 lakhs today! Ashapuri Gold Ornament is [...]
The Indian Oil Corporation Limited (IOCL), Chennai, has committed to invest Rs 54,000 crore in various projects in Tamil Nadu in the next few years, including a 9 MMTPA (million metric tonnes per annum) grass-root refinery at an estimated cost of Rs 35,580 crore, its executive director and state head (TN & Puducherry) V C [...]
State-owned Punjab National Bank (PNB) on Thursday announced the launch of a virtual branch, PNB Metaverse. It is a virtual branch of the bank, which will deliver a unique experience of banking to existing and new customers who can now explore the bank’s products and services such as bank deposits, retail/MSME loans, digital products, women/senior [...]
The market capitalisation of BSE-listed firms hit a lifetime peak of Rs 301.70 lakh crore on Thursday, mirroring a positive trend in domestic equities, where benchmark index Sensex settled at a new record high. The 30-share BSE Sensex jumped 339.60 points or 0.52 per cent to settle at its new all-time closing high of 65,785.64. [...]
Shares of this Penny stock will be trading ex-dividend next month and the dividend yield numbers look lucrative. In the last one month period, the scrip has soared more than 8 percent. With a market capitalization of Rs 250 crores, the shares of IL & FS Investment Managers Limited traded in the green today and [...]
Servotech Power Systems Ltd. (SPSL), a leading manufacturer of EV Chargers and Solar Products announces the successful implementation of SAP S4 HANA Grow, in a remarkable record time. SAP S4 HANA Grow is a cutting-edge enterprise resource planning (ERP) solution that empowers businesses to transform their operations and gain real-time insights for informed decision-making. Commenting [...]
Shares of this small-cap Banking stock jumped up to 5 percent after it provided key business updates. The scrip has seen a rally of about 40 percent in the last six months. The company has a market capitalization of Rs 8,000 crores. Shares of Ujjivan Small Finance Bank Limited closed today at Rs 41.10. The [...]
Ace investor Dolly Khanna is known for buying a stake in lesser-known stocks that tend to outperform the market. Her husband Rajiv Khanna manages her portfolio, which typically leans towards traditional stocks in manufacturing, textile, chemicals and sugar stocks. Dolly Khanna recently increased her stake in Talbros Automotive Components, a small-cap auto ancillaries stock engaged [...]
