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IT stock jumps 3% after Board approves acquisition of 13% stake in Switzerland based company

IT stock jumps 3% after Board approves acquisition of 13% stake in Switzerland based company

Shares of this multibagger IT stock jumped 3 percent in Friday’s trading session after the company intimated about a strategic acquisition of a 13 percent stake in a Switzerland-based company.  With a market capitalization of Rs 37,029.97 crores, the stocks of KPIT Technologies Limited opened their trading session on Friday at Rs 1,310.05 and currently [...]
Multibagger stocks in which Mutual Funds bought stake of up to 5.09% in Q2; Do you hold any?

Multibagger stocks in which Mutual Funds bought stake of up to 5.09% in Q2; Do you hold any?

Along with the company results flowing, the holdings of various financial institutions have also been released by companies for the second quarter of FY23-24.  Listed below are two multibagger stocks in which Mutual Funds bought a stake of up to 5.09 percent in Q2FY24, i.e., in the September 2023 quarter:  Electronics Mart India Limited  With [...]
Pharma stock jumps up to 8% after it announces acquisition of business units worth ₹ 366 Cr from Biocon

Pharma stock jumps up to 8% after it announces acquisition of business units worth ₹ 366 Cr from Biocon

The shares of this pharmaceutical company jumped up to 8 percent to hit an all-time high price of Rs 971.30 per share after the company announced the acquisition of Nephrology and Dermatology Branded Formulations business units of Biocon Biologics Ltd.  Eris Lifesciences Ltd is a small-cap company with a market capitalization of Rs 12,209 crores. [...]
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