‘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 [...]
The share of this healthcare company fell by 13.26 percent after the company received an order from the Commissionerate of Sagar Sambhag, Madhya Pradesh to take over the premises of the hospital. Yatharth Hospital & Trauma Care Services Ltd is a small-cap company with a market capitalization of Rs 3,313.82 crores. The company shares closed [...]
Shares of this small-cap stock hit the 2 percent upper circuit after the company’s Board approved the Buyback of equity shares worth Rs 19.78 crores. Year-to-date, the company’s stock has delivered multibagger returns of more than 450 percent for its stakeholders. With a market capitalization of Rs 1,024.18 crores, the stocks of Rajoo Engineers Limited [...]
Microcap IT stock which provides multi-tenant cloud and mobile-based enterprise software in HR, global payroll, and many more, jumped 3 percent in the day’s trade following its collaboration with Deloitte to redefine the landscape of payroll transformation and incorporating a new subsidiary in South Korea. In the day’s trade, the shares of Ramco Systems closed [...]
The shares of one of India's top news agency channels gained a push this week, rising 13 percent to Rs 238.95 per share after the company planned to broadcast NDTV profit channel after a six-year followed by a supreme court verdict to conclude the arguments in the Adani-Hindenburg case. On Wednesday, New Delhi Television Ltd(NDTV) [...]
The leading IT company closed up by 1.17 percent Rs 1,459.55 from its previous close of Rs 1,442.7 after the company bagged its order from a Philippines-based company. According to Infosys, Bank of Commerce (BankCom), one of the Philippines' fastest-growing universal banks, has chosen the Infosys Finacle suite, a wholly owned subsidiary of Infosys, for [...]
The share of this small-cap company gained up to 6 percent after the company announced the powers digital Transformation at imageOne with AI and Intelligent Automation Solutions. With a market capitalization of Rs 3,637 Crores. Datamatic Global Service Ltd, On Wednesday, The shares closed at Rs 616.65 a share, an increase of 3.88 percent from [...]
The shares of the real estate company jumped up to 2 percent after receiving a work order from Tridhaatu Aranya Developers for a total contract value of Rs. 101 Crores. The shares have given more than 60 percent return to its shareholders on a YTD basis. With a market capitalization of Rs. 1,884 crores, the [...]
