{"id":114717,"date":"2023-12-01T11:39:51","date_gmt":"2023-12-01T06:09:51","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=114717"},"modified":"2023-12-01T11:39:57","modified_gmt":"2023-12-01T06:09:57","slug":"stock-hits-upper-circuit-after-companys-board-approves-purchase-of-10000-shares-in-navkar-events","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/stock-hits-upper-circuit-after-companys-board-approves-purchase-of-10000-shares-in-navkar-events\/","title":{"rendered":"Stock hits upper circuit after company&#8217;s board approves purchase of 10,000 shares in Navkar Events"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-2118881092\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>After the board of directors approved the purchase of 10,000 equity shares of Navkar Events Pvt Ltd, with a face value of Rs. 10 per share, the shares of this micro-cap company increased by up to 2%.&nbsp;<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-1462195945\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div><p>With a market capitalization of Rs 76.29 Crores. <strong><a href=\"https:\/\/portal.tradebrains.in\/stock\/531910\/consolidated\" target=\"_blank\" rel=\"noreferrer noopener\">Madhuveer Com 18 Network Ltd<\/a><\/strong>, On Thursday, The shares were trading at Rs 80.47 a share, an increase of 1.98 percent from the previous closing price.\u00a0<\/p><p>The exchange filing states that the board of Madhuveer Com 18 Network Ltd approved the purchase of 10,000 equity shares of Navkar Events Pvt Ltd, with a face value of Rs.10 per share. As a result, the acquisition of 100% of the shares of Events Private Limited Business under the terms of the transaction is done in support of the company&#8217;s effort to grow.&nbsp;<\/p><p>In addition to the previously mentioned paragraph, the transaction does not require any government or regulatory approvals, so Navkar Events Pvt Ltd will become a wholly-owned subsidiary of Madhuveer Com 18 Network Ltd.&nbsp;<\/p><div class=\"trade-content_5\" id=\"trade-3904734313\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><p>In 2021, the global esports market was estimated to be worth US$ 1.18 billion. In the future, the market is anticipated by IMARC Group to reach US$ 3.86 billion by 2027, growing at a compound annual growth rate of 22.4% from 2022 to 2027.&nbsp;<\/p><p>Looking into the company&#8217;s performance, Madhuveer Com 18 Network Ltd.&#8217;s revenue increased by 2 percent from Rs 0.01 Crore in Q2FY23 to Rs 0.09 Crore in Q2FY24. During the same period, net loss magnified Rs 0 crore to Rs 20 Crore.&nbsp;<\/p><p>Madhuveer Com 18 Network Limited is a company that produces, buys, sells, imports, exports, and deals in cinematographic films, television films, video films, and video cassettes. It also establishes, buys, rents, or otherwise acquires and maintains studios, labs, movie theaters, theaters, halls, and other related facilities.&nbsp;<\/p><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Written by:- Abhishek Singh<\/strong><\/p><\/blockquote><h4 class=\"wp-block-heading\" id=\"h-disclaimer\"><strong>Disclaimer<\/strong><\/h4><div class=\"wp-block-image\"><figure class=\"aligncenter size-medium\"><img decoding=\"async\" width=\"300\" height=\"300\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/warning-disclaimer-300x300.png\" alt=\"\" class=\"wp-image-26306\"\/><\/figure><\/div><p><strong>The views and investment tips expressed by investment experts\/broking houses\/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.<\/strong><\/p><div class=\"trade-after-content\" id=\"trade-3183445688\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>After the board of directors approved the purchase of 10,000 equity shares of Navkar Events Pvt Ltd, with a face value of Rs. 10 per share, the shares of this micro-cap company increased by up to 2%.&nbsp; With a market capitalization of Rs 76.29 Crores. Madhuveer Com 18 Network Ltd, On Thursday, The shares were [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":13571,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[31,1789],"tags":[14822,14821,948,936,14823],"class_list":["post-114717","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-trending-news","tag-madhuveer-com-18-network-latest-news","tag-madhuveer-com-18-network-share-price","tag-stock-market","tag-stock-market-news","tag-why-is-madhuveer-com-18-network-share-going-up"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Stock hits upper circuit after company&#039;s board approves purchase of 10,000 shares in Navkar Events - Trade Brains Features<\/title>\n<meta name=\"description\" content=\"After the board of directors approved the purchase of 10,000 equity shares of Navkar Events Pvt Ltd, with a face value of Rs. 10 per share, the shares of this micro-cap company increased by up to 2%.\u00a0\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tradebrains.in\/features\/stock-hits-upper-circuit-after-companys-board-approves-purchase-of-10000-shares-in-navkar-events\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Stock hits upper circuit after company&#039;s board approves purchase of 10,000 shares in Navkar Events\" \/>\n<meta property=\"og:description\" content=\"After the board of directors approved the purchase of 10,000 equity shares of Navkar Events Pvt Ltd, with a face value of Rs. 10 per share, the shares of this micro-cap company increased by up to 2%.\u00a0\" \/>\n<meta property=\"og:url\" content=\"https:\/\/tradebrains.in\/features\/stock-hits-upper-circuit-after-companys-board-approves-purchase-of-10000-shares-in-navkar-events\/\" \/>\n<meta property=\"og:site_name\" content=\"Trade Brains Features\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/TradeBrainsOfficial\/\" \/>\n<meta property=\"article:published_time\" content=\"2023-12-01T06:09:51+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-12-01T06:09:57+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/01\/Markets-up-1-Cover-Image-.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"854\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Trade Brains\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@TradeBrainsGrp\" \/>\n<meta name=\"twitter:site\" content=\"@TradeBrainsGrp\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Trade Brains\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/tradebrains.in\/features\/stock-hits-upper-circuit-after-companys-board-approves-purchase-of-10000-shares-in-navkar-events\/\",\"url\":\"https:\/\/tradebrains.in\/features\/stock-hits-upper-circuit-after-companys-board-approves-purchase-of-10000-shares-in-navkar-events\/\",\"name\":\"Stock hits upper circuit after company's board approves purchase of 10,000 shares in Navkar Events - 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