The shares of the Madhya Pradesh top soybean producer rose 16 percent to a 52-week high of Rs 89.90 per share on Tuesday after the company published solid June quarter financial results. At 12:35 p.m. Kriti Nutrients Limited shares were trading at Rs 88.20 a share, up Rs 11.10 or 14.40 percent on the National [...]
India’s biggest institutional investor, the Life Insurance Corporation of India (LIC) has increased its stake in several companies from various sectors including chemicals, banks, metals and information technology, among others during the April to June quarter (Q1FY24). Here are 4 IT Stocks in which LIC increased its stake: Tech Mahindra The Mahindra Group company provides [...]
Small-cap companies, due to their comparatively lower scale of operations, find the situation advantageous if the Promoters have ‘skin in the game’, i.e., actively participating in the activities of the company. If the Promoter increases their stake, it is usually taken as a positive signal as they are confident about the company’s prospects. Listed below [...]
The shares of this small-cap stock are trading in the green today after attracting investment from one of the well-known Ace Investors in India. The company has a market capitalization of Rs 5,500 crores. The stocks of Religare Enterprise Limited opened their trading hour at Rs 166.50 and currently trade at Rs 168.75. The scrip [...]
After a 66 percent rally in the past year, his large-cap FMCG stock saw its valuation surpass the six lakh crore mark for the first time. In this process, it overtook the market capitalization of Hindustan Unilever Ltd, amid a buzz around the demerger of its businesses. Shares of ITC Ltd shed 4.4 percent to [...]
The shares of a leading producer of sprayer components in India rose around 4 percent to an all-time high of Rs 192.85 per share, following the acquisition of a new manufacturing plant. At 3:25 p.m. A leading forging product manufacturer Sprayking Agro Equipment Ltd shares were trading at Rs 187 a share on the Bombay [...]
The shares of one of the world's top renewable energy solution providers and biggest portfolio of wind energy assets rose 4.85 percent to Rs 20.55 per share, after an Ace investor picked stake in the company. Suzlon Energy Ltd shares reached the upper circuit of Rs 20.55 a share on the National Stock Exchange at [...]
A small-cap multibagger stock was in the green after the company announced a 1:10 stock split. At 01:21 PM on Monday, its shares were trading at ₹ 1,772.10 apiece on the National Stock Exchange (NSE) Sarda Energy & Minerals Limited (SEML), is a prominent company of the Sarda Group. It is engaged in the production [...]
The shares of a pioneer in manufacturing pure electric buses in India and the largest silicone rubber maker fell 7.6%,After the Indian government rejected a partnership with a Chinese company., As of 1:35 p.m. on the National Stock Exchange, Olectra Greentech Limited shares were down Rs 62.45 or 4.92 percent at Rs 1,211.65 a share. [...]
Shares of this Multibagger small-cap stock present in the ‘Green Energy’ sector are locked in the 5 percent upper circuit after it released financial results for Q1FY23-24. The company has a market capitalization of Rs 1,825 crores. The stocks of Servotech Power Systems Limited opened at Rs 171.65 apiece and are locked in the 5 [...]
