The shares of ITI Limited opened at Rs 98 levels and gained as much as 7 percent to trade at Rs 103 levels till the afternoon on Wednesday. The scrip gained after the company announced the appointment of its new Chairperson and Managing Director. The Government of India has appointed Shri Rajesh Rai to the [...]
EKI Energy Services’ shares gained a sharp recovery after the company’s share price reached a 52-week low of ₹ 511.95 apiece on 17 February 2023. Its shares are currently locked in a 10% upper circuit at ₹ 832.70 apiece on the bourses. This indicates that they have gained 62.65% in the past five days. Investors [...]
Investing in stocks is considered to be risky by many investors. As a result, they tend to park a majority of their money in a fixed deposit (FD), Employee Provident Fund (PF) and Public Provident Fund (PPF). FD provides an interest of approximately 6.50 percent, EPF interest rate has remained steady at 8.10 percent and [...]
Tata Chemicals, Tata Steel, Taj GVK Hotels and Resorts, Titan, Tata Motors, Tata Coffee and Tata Investment Corporation are a few Tata group companies in which mutual funds increased their stake on a quarterly basis. Tata Chemicals The company manufactures inorganic chemistry products with plants spread across four continents America, Europe, Africa and Asia. Mutual [...]
Capri Global Capital Limited ended marginally lower at Rs 698 levels in Tuesday’s trading session. However, in the past six months the stock has scaled by 10 percent and in a year's time frame it has gained 25 percent. Capri Global Capital Limited (CGCL) is a diversified Non-Banking Financial Company (NBFC) with a presence primarily [...]
Akashdeep Metal Industries Limited is an NBFC and Investment Company, engaged in dealing with investment shares and providing loans and advances. The board of directors of the company has approved the splitting of the shares. The company will split in the ratio of 1:5 which means that one equity share of the Company having a [...]
Tata Motors Limited, the largest Electric Vehicle (EV) maker in India has entered into an agreement with the US-based company Uber, India’s leading ridesharing platform, to supply 25,000 of its X-Pres-T electric sedans. This is the largest electric vehicle order in India so far. The Tata group company is expected to deliver the order over [...]
The shares of the construction and infrastructure development company, Dilip Buildcon Ltd were trading at Rs Rs 207 levels in the early hours of Tuesday. The scrip was in focus after the company bagged an order worth Rs 1,947.06 Crore. The company, through Dilip Buildcon Limited - Skyway Infraprojects Pvt. Ltd has received a letter [...]
Nibe Limited, a company that has a presence across verticals that include Information Technology, E-vehicles, and Defence, saw its shares jump by more than 3 percent in the early hours of Monday to reach a new 52-week high of Rs 413.90. The Company has received three purchase orders from Dymac Global Limited for the manufacturing [...]
Automotive company Samvardhana Motherson International’s shares zoomed 5.7% to reach an intraday high of ₹ 84.25 apiece after the company announced the acquisition of Germany-based SAS Autosystemtechnik through its step-down subsidiary Samvardhana Motherson Automotive Systems Group B.V., Netherlands. At 01:11 PM on Monday, Samvardhana Motherson International share was quoting at ₹ 82.25 apiece and 2.49 [...]
