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Multibagger Textile stock jumps 10% after NCLT sanctioned a demerger; Check the details 

Multibagger Textile stock jumps 10% after NCLT sanctioned a demerger; Check the details 

Shares of a company in the textile industry surged 10.23 per cent to reach a fresh 52-week high of ₹ 268.90 apiece on the Bombay Stock Exchange (BSE). This happened after the company announced that the NCLT had sanctioned its demerger.  Jasch Industries is engaged in manufacturing coated textile/synthetic leather and electronic thickness gauges. The [...]
Steel stock jumps 6% after Indian Govt grants environmental clearance for coal mine in Chhattisgarh 

Steel stock jumps 6% after Indian Govt grants environmental clearance for coal mine in Chhattisgarh 

Shares of this multibagger small-cap stock under the ‘Iron & Steel’ sector jumped around 6 percent in Wednesday’s trading session after receiving environmental clearance for a commercial coal mine. In the last month itself, the company’s stock gained more than 40 percent.  With a market capitalization of Rs 2,472.22 crores, the stocks of Prakash Industries [...]
Fundamentally strong stock falls more than 4% after Analyst downgrades it from ‘Buy’ to ‘Neutral’

Fundamentally strong stock falls more than 4% after Analyst downgrades it from ‘Buy’ to ‘Neutral’

Shares of a fundamentally strong large-cap stock shed 4.05 per cent to reach an intraday low of ₹ 1,563.10 apiece on the National Stock Exchange (NSE). This happened after the company received a downgrade from Nomura. Its shares were trading at ₹ 1,567.85 apiece at 11:07 AM on Wednesday.  Brokerage firm Nomura has downgraded HDFC [...]
Midcap stock jumps 15% after company’s Board approves QIP worth up to ₹ 1,000 Cr 

Midcap stock jumps 15% after company’s Board approves QIP worth up to ₹ 1,000 Cr 

Shares of this consumer durable stock jumped 15 percent on Wednesday after the company announced a “Qualified Institutional Placement” (QIP) for debt reduction as well as increasing the growth potential.  With a market capitalization of Rs 17,056.23 crores, the stocks of Blue Star Limited started their trading session on Wednesday at Rs 818.35 and currently [...]
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