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Smallcap stock jumps 5% after company commissions a new zinc galvanization plant in UP

Smallcap stock jumps 5% after company commissions a new zinc galvanization plant in UP

This small-cap steel fabrication and infrastructure stock rose 5 percent to Rs 53.90 on Tuesday’s early trade after the company commissioned a new Zinc Galvanization Plant with an Annual Capacity of 96000 Metric Tons.  At 10:40 a.m., Salasar Techno Engineering Ltd shares were trading at Rs 52.50 apiece, up 2.93 percent from the previous close [...]
Stock falls 7% after Dabur’s Burmans to acquire additional 26% stake in the company at 14% discount

Stock falls 7% after Dabur’s Burmans to acquire additional 26% stake in the company at 14% discount

Shares of Religare Enterprises Ltd (“Religare’) fell 7.4% within the first 15 minutes of markets opening after the company announced Burman Group’s raise in stake by 26% at a significant discount of 14% from the previous session – Friday’s closing price on BSE. The stock currently trades  at Rs. 255.75, down 6.13% as of now [...]
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