Green energy stock engaged in the business of generation, transmission, and trading of power jumped 4 percent in the day’s trade upon signing a power purchase agreement for Renewable Energy projects of 1,325 MW. Price Action With a market capitalization of Rs. 1,28,670 Crores, the shares of JSW Energy Limited were trading at Rs. 735.40 [...]
Infra stock engaged in the business of providing EPC services across various sectors jumped 3 percent in the day’s trade upon receiving a work order worth Rs. 1,082 Crores. Price Action With a market capitalization of Rs. 9,026 Crores, the shares of ITD Cementation Limited were trading at Rs. 525.45 per equity share, up 1.43 [...]
The shares of one of the largest fabric manufacturers surged by 5% to ₹82.29 per share after its shareholders approved the sale of the fabric distribution division valued at ₹5.91 crores. On Thursday’s early trade, Kamadgiri Fashion Ltd shares hit a 5% upper circuit to ₹82.29 per share on the Bombay Stock Exchange. The company [...]
Shares of this midcap company surged around 8 percent in Thursday’s trading session after BlackRock bought 9.46 lakh shares via block deal. The shares have delivered a multi-bagger return of 273 percent to its shareholders in one year. Price Movement: With a market capitalization of Rs. 25,428 crores, the shares of Titagarh Rail Systems Ltd [...]
The shares of one of the leading FMCG packaging product manufacturers surged 13%, reaching an intraday high of ₹71.80 per share, following the company's announcement to expand its production capacity of bottle caps. At 10:30 a.m., Technopack Polymers Ltd shares were trading at ₹65.75 per share, up 3.5% from the previous close price on the [...]
In Thursday’s morning trading session, the shares of the largest grey cement manufacturer in India surged 6.5 percent to hit a new 52-week high at Rs. 11,875.95, after the company bought a 23 percent stake worth Rs. 1,885 crore in India Cements Limited. At 09:55 a.m., the shares of UltraTech Cement Limited were trading in [...]
The shares of the public sector company gained up to 3 percent after the company’s joint venture received a letter of acceptance from Southern Railway worth Rs 156.47 crore. Rail Vikas Nigam Ltd has a market capitalization of Rs 86,549.18 crore, the shares were trading in green at Rs 415.25 per share, increasing around 1.44 [...]
Despite experiencing losses in FY24, numerous corporations have proposed paying dividends, subject to shareholder approval. Interestingly, promoters own shares ranging from 20% to 75% in these companies, making them major recipients of dividend distributions in some circumstances. Moreover, by prioritizing dividends, the firm aims to sustain investor trust and signal optimism for future recovery and [...]
The Securities and Exchange Board of India (SEBI) has set a minimum public shareholding requirement for companies listed in India. According to the SEBI (Listing Obligations and Disclosure Requirements) Regulations of 2015, listed companies must maintain a minimum public shareholding of 25%. Companies are expected to achieve this within a specified timeframe from their listing [...]
Shares of this microcap company surged 14 percent in Wednesday’s trading session after announcing an acquisition of a prestigious residential project in Goregaon West, Mumbai. The stock has delivered a multibagger return of 190 percent in one year. Price Movement: With a market capitalization of Rs. 452 crores, the shares of Meghna Infracon Infrastructure Ltd [...]
