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Ethanol stock falls 10% after SEBI bans company’s promoters for fund diversion

Ethanol stock falls 10% after SEBI bans company’s promoters for fund diversion

Shares of the company specializing in manufacturing Sugar, Ethanol, and co-generation of power, dropped nearly 10 percent after SEBI banned some of its promoters for fund diversions and mismanagement, and imposed a fine of Rs.63 crore on the company.  Price Movement  The share price of Rana Sugars Limited dropped by 10 percent, reaching an intra-day [...]
Auto ancillary stock jumps 6% after SBI MF and Kotak MF bought stake worth ₹ 196 Cr 

Auto ancillary stock jumps 6% after SBI MF and Kotak MF bought stake worth ₹ 196 Cr 

Shares of one of the leading manufacturers of forged and machined components in India surged by 6 percent on BSE to Rs. 2,579.9 on Wednesday. This increase followed a significant purchase by SBI Mutual Funds and others, which collectively purchased Rs. 196.15 crores worth of the company's shares.  With a market capitalisation of Rs. 6,876.7 [...]
₹ 23 to ₹ 1,576: Stock that turned ₹ 1 Lakh to ₹ 71 Lakhs in just 1 year

₹ 23 to ₹ 1,576: Stock that turned ₹ 1 Lakh to ₹ 71 Lakhs in just 1 year

The shares of this power products manufacturer and distributor have delivered an astonishing 7000 percent return over the past year.  Price Movement  Diamond Power Infrastructure Limited, a midcap company in the cable industry, has seen its share price skyrocket to a 52-week high of Rs.1,645 per share, a remarkable 70-fold increase from just Rs.23.30 a [...]
EV stock hits 10% upper circuit after partnering with 62 companies under PM Surya Ghar Muft Bijli Yojana 

EV stock hits 10% upper circuit after partnering with 62 companies under PM Surya Ghar Muft Bijli Yojana 

The shares of this smallcap compnay locked a 10 percent upper circuit after enrolling 62 Distribution Companies under PM Surya Ghar Muft Bijli Yojana. On a YTD basis, the stock has delivered more than a 90 percent return to its shareholders.  Price Movement:  With a market capitalization of Rs. 3,291 crores, the shares of Servotech [...]
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