When you hear the term “bonus issue” in the world of investing, it might sound like an extra reward for being a loyal shareholder. And in a way, it is! But there’s more to it than meets the eye. Let’s explore what a bonus issue is, how it works, and why it’s a win-win for …
On July 31, 2024, Aurionpro Solutions Limited announced a major deal with a top Malaysian bank to modernise its corporate processes. This $3 million deal will be implemented over 15 months. The bank has chosen Integro Technologies, a subsidiary of Aurionpro, to upgrade its loan origination system using SmartLender, an advanced commercial loan solution. This …
On July 31, 2024, Nilkamal Limited announced its unaudited standalone and consolidated financial results for the first quarter ended June 30, 2024. Standalone Financial Results for Q1FY25 The company reported revenue of ₹729 crore for Q1FY25, down from ₹769 crore in Q1FY24. The plastic business contributed ₹690 crore, while the retail segment ‘@home’ generated ₹39 …
The benchmark index S&P BSE 500 opened today at 37,178.13 and made its day high at 37,193.18, and it is trading in green today, up by around 0.35%. From the same space, these are the top 3 companies that outperformed the benchmark index and were up by more than 5% today. Torrent Power Ltd Shares …
In the past 15 days, several small-cap companies have announced significant strategic partnerships to enhance their market presence and technological capabilities. Oriana Power Ltd Oriana Power Ltd has signed an agreement with US-based Splitwaters for the implementation of providing electrolyzer and other equipment necessary for Green Hydrogen projects. This collaboration aims to reduce the capital …
After struggling in early trades, benchmark indices gained momentum later in the trading session, driven by gains in the power, utilities, oil & gas, and metals sectors. Broader indices demonstrated resilience and outperformed the main indices. At 10:10 am, the BSE Sensex surged 0.27% reaching a level of 81,674. The Nifty 50 index gained 0.32% …
On Wednesday, the benchmark indices were trading in the green with the Sensex up around 55 points or 0.07% at 81,507, while the Nifty-50 was up around 25 points or 0.1% at 24,882. About 1,954 shares have advanced; 1,203 declined and 120 are unchanged on the BSE. Top gainers and losers on the BSE Sensex …
Suzlon Energy Ltd. has been on a remarkable upward trajectory. On July 31st, its share price surged by 4%, marking its 8 consecutive days of gains. The stock has not only hit a fresh 52-week high but has also surpassed the 12-month price targets set by several brokerages following the company’s impressive June quarter results. …
On July 31, 2024, Fischer Medical Ventures Ltd announced that it has teamed up with Bio Angle Vacs Sdn Bhd to introduce its innovative vaccines to India. These vaccines are designed to lower the death rates in livestock and aquaculture significantly. Fischer Medical Ventures Ltd is investing in and working with Bio Angle Vacs Sdn …
On July 31, 2024, Zydus Lifesciences Limited announced that Mexico’s regulatory authority, COFEPRIS, has approved the marketing of MamitraTM, a biosimilar of Trastuzumab. This drug, available in 150 mg and 440 mg strengths, will be used to treat HER2-positive metastatic breast cancer, early breast cancer, and advanced gastric cancer. In Mexico, breast cancer is now …
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