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Tide Water Oil Stock Soar On Promoter’s Pre-Approval To Buy More Shares

Tide Water Oil Stock Soar On Promoter’s Pre-Approval To Buy More Shares

24 June 2024

Tide Water Oil Co. (India) Ltd. announced a development that could indicate growing investor confidence. Standard Greases & Specialities Private Limited, a joint promoter of the company, has applied for and received pre-dealing approval to acquire an additional 3,51,000 equity shares. This move signifies the promoter’s continued commitment and potential bullish sentiment on the company’s …

Garden Reach Shipbuilders: Secures $54 Million Order for Four Multi-Purpose Vessels

Garden Reach Shipbuilders: Secures $54 Million Order for Four Multi-Purpose Vessels

24 June 2024

Garden Reach Shipbuilders & Engineers Ltd (GRSE), a prominent Indian shipbuilding company, has successfully secured a substantial contract worth $54 million (around Rs.448 crore) which involves the construction and delivery of four multi-purpose vessels for a German client.  Details of the Contract The contract, signed with M/s Carsten Rehder Schiffsmakler and Reederei GmbH & Co., …

Maharashtra Scooters Zooms 7%: Will It Touch the Rs 10,000 Mark

Maharashtra Scooters Zooms 7%: Will It Touch the Rs 10,000 Mark

24 June 2024

Maharashtra Scooters Ltd (MSL) continues to operate as a Core Investment Company (CIC), which does not require registration with the RBI. As a CIC, a minimum of 90% of its assets are invested in the Bajaj group. The remaining balance, representing accumulated surpluses, is invested in debt and other instruments with the sole objective of …

TVS Motor Signed Agreement With CSC Grameen eStores for Commercial Vehicle Range

TVS Motor Signed Agreement With CSC Grameen eStores for Commercial Vehicle Range

24 June 2024

TVS Motor Company Ltd. (TVSM) is engaged in manufacturing two-wheelers and their accessories, It currently manufactures a wide range of two-wheelers and three-wheelers. TVSM is one of the leading players in the two-wheeler industry and is the only company to have a presence in all three categories, i.e., motorcycles, scooters, and mopeds, catering to both …

GST Council Refers to Reduce GST on Fertilisers, Market Sees Profit Booking In The Sector

GST Council Refers to Reduce GST on Fertilisers, Market Sees Profit Booking In The Sector

24 June 2024

The GST Council has referred the request to reduce GST on fertilizers to a group of ministries for further evaluation. This move has led to a decline in fertilizer stocks in the Indian market, affecting companies such as GNSC, FACT, and Chambal Fertilizers. Investors are reacting to the uncertainty surrounding potential tax changes in the …

Sobha and Karma Lakelands Launch Eco-Friendly Luxury Residences in Gurugram

Sobha and Karma Lakelands Launch Eco-Friendly Luxury Residences in Gurugram

24 June 2024

Sobha Limited, in collaboration with Karma Lakelands, has come up with Sobha Aranya, an eco-luxe residential project in Gurugram’s Sector 80. The launch is important given the current dynamics of the Indian real estate market, where Delhi NCR stands out as a focal point of expansion. Buyer Preferences & Growth  Delhi NCR is celebrated for …

Share Market Pre Open Updates – June 24, 2024

Share Market Pre Open Updates – June 24, 2024

24 June 2024

On June 21, 2024, the Nifty 50 fell by 0.28% and closed at 23,501, and the Sensex dropped by 0.35%, closing at 77,209.  Top Gainers and Losers On the sectoral front, Nifty Media, Nifty IT, Nifty Consumer Durables and Nifty Metal ended in the green. Meanwhile, Nifty FMCG, Nifty PSU Bank, Nifty Oil and Gas …

KEI Industries Resumes Production: Suffered Loss of ₹10 Crores

KEI Industries Resumes Production: Suffered Loss of ₹10 Crores

21 June 2024

Following an earlier notification on June 19, 2024, regarding a partial production stoppage due to a labour strike at the Rakholi and Chinchpada plants, KEI Industries Limited is pleased to announce a positive development. Strike Resolution and Resumption of Normal Operations On June 21, 2024, the company announced that the labour strike had been successfully …

Top 3 stocks trading below Rs 100

Top 3 stocks trading below Rs 100

21 June 2024

During Friday’s trading sessions, these three equities gained significantly with price and volume activity, indicating potential bullish action. Here’s an in-depth look. Barak Valley Cements Ltd Barak Valley Cements Ltd saw a significant price movement today, reaching a high of Rs 65.15, with a traded volume of 2.54 lakhs. The stock is currently trading at …

Overnight Digest: Top 5 mid and small-cap stocks to watch out for June 24

Overnight Digest: Top 5 mid and small-cap stocks to watch out for June 24

21 June 2024

On Friday, the market failed to maintain its opening gains, with profit booking seen at record levels. The Sensex declined by 0.35%, closing at 77,209.90, while the Nifty fell by 0.47%, ending at 23,501.10. Within the sectoral landscape, Nifty Media, Nifty IT, and Nifty Metal were among the top gainers, while Nifty FMCG, Nifty PSU …

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