ICICI Bank’s board has approved the demerger of this company’s shares, which is engaged in the business of broking, distribution of financial products, merchant banking, and advisory services. At 11:31 a.m the shares of ICICI Securities Limited were trading at Rs. 669.50, up 0.76 percent from its previous day’s close price of Rs. 664.45 and [...]
The shares of the microcap company received an order worth 121 million for the supply of Premium Dry Fruit (Cashew Nuts) along with the Infrastructure Materials Division for ERW Steel Pipes and HR Coils worth Rs. 121 million. With a market capitalization of Rs. 321 crores, the shares of Integra Essentia Ltd started Thursday’s trading [...]
Shares of this footwear stock under the ‘mid-cap’ category jumped around 6 percent in Thursday’s trading session after the company intimated regarding an agreement with a US-based firm to open and operate athletic apparel stores in India. With a market capitalization of Rs 38,056.95 crores, the stocks of Metro Brands Limited started their trading session [...]
The Company has fixed Tuesday, 12th December 2023 as the record date for determining entitlement of Members for issue and allotment of Bonus Equity Shares in the proportion of 1:1. For example, an investor receives one new fully paid-up equity share of Rs. 2/- for every existing fully paid-up equity share of Rs. 2/- that [...]
The shares of India’s leading airport & travel services aggregator rose 2.6 percent to an intraday high of Rs 567 per share after collaborating with Russia-based airport and lounge service aggregator "Grey Wall”. Dream Folks Ltd is a small-cap stock having a Rs 2,960 crore market value. The shares of the company have returned 15 [...]
The combination of profitability and growth—more specifically, the combination of economic profitability and free cash flow growth—is known as profitable growth. The goal of profitable growth is to entice the financial community. Here are the 3 stocks that have reported 7,291% net profit growth. SG Finserve Moongipa Securities Ltd is in the business of Investing [...]
The shares of the infrastructure company jumped 2 percent after the company entered into a concession agreement with Karnataka Maritime Board, Government of Karnataka. The shares in just six months have delivered more than 30 percent returns to its shareholders. With a market capitalization of Rs. 44,300 crores, the shares of JSW Infrastructure Ltd started [...]
‘Share unpledging’ or release of pledged shares refers to an act of removal of a pledge that was earlier made on the shares. Situations that trigger unpledging are repayment of dues and clearance of the outstanding loans against the pledge shares. Listed below are three stocks that reduced their pledged shares to ‘zero’ during the [...]
The shares of the leading non-banking financial company gained around 8 percent to hit a 52-week high price of Rs 163.20 on Wednesday’s trade after Morgan Stanley gave an overweight call on the stock. At 10:37 a.m., On Thursday, Manappuram Finance Ltd shares closed at Rs 158.85, down 1.91 percent from the previous close on [...]
Having zero debt or very little debt can grant a company financial stability in the long term. Debt can help to fuel growth and offer tax advantages, but it also carries risks like potential insolvency and financial strain. Only a small handful of public companies today have zero or near-zero debt. The Promoter holding is [...]
