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Share Market Pre Open Updates – August 27, 2024

Share Market Pre Open Updates – August 27, 2024

27 August 2024

At the close of the trading session on August 26, 2024, Nifty 50 was up 0.76%, and Sensex was up 0.75% to close at 25,010 and 81,698, respectively. Top Gainers and Losers On the sectoral front, Nifty Metal, Nifty Realty, Nifty Consumer Durables, and Nifty Oil and Gas saw gains. On the other hand, Nifty …

Best Penny Stocks Under 1 Rs in September 2024 – 5yr CAGR Basis

Best Penny Stocks Under 1 Rs in September 2024 – 5yr CAGR Basis

26 August 2024

Penny stocks, those trading at prices below ₹1, can attract investors’ attention due to their low pricing. Though these stocks are affordable, they come with many risks, including high volatility, low liquidity, and potential fraud. While there may be opportunities for significant returns, it’s essential to approach such investments with caution. In this article, find …

Best Solar Energy Stocks In India In September 2024 – 5yr CAGR Basis

Best Solar Energy Stocks In India In September 2024 – 5yr CAGR Basis

26 August 2024

India has announced ambitious goals: achieving net-zero carbon emissions by 2070 and sourcing 50% of its electricity from renewables by 2030. This marks a major step in the global fight against climate change. As of 2023, India ranks fourth in wind and solar power capacity and in total renewable energy capacity. The country has seen …

Best Penny Stocks in September 2024 Based on 5Y CAGR

Best Penny Stocks in September 2024 Based on 5Y CAGR

26 August 2024

Shares of companies with a value of less than ₹10 are considered penny stocks. Investors are attracted to this space due to their low prices and potential for growth. Penny stocks can give you a chance to invest in a company before it becomes widely recognised. Penny stocks are volatile. Their prices can swing dramatically …

KPI Green Energy Secures Letters of Intent for 13.30 MW Solar Power Project

KPI Green Energy Secures Letters of Intent for 13.30 MW Solar Power Project

26 August 2024

Introduction KPI Green Energy Limited has recently made a significant stride in the renewable energy sector. The company announced on August 26, 2024, that its wholly-owned subsidiary, Sun Drops Energia Private Limited, has received Letters of Intent (LOIs) for the execution of solar power projects under the Captive Power Producer (CPP) segment. This announcement marks …

GRM Overseas Unveils 10X Ventures: A New Era of Brand Innovation

GRM Overseas Unveils 10X Ventures: A New Era of Brand Innovation

26 August 2024

On August 26, 2024, GRM Overseas Limited, a key player in India’s FMCG industry, introduced its new platform, 10X Ventures. This platform is designed to boost growth by investing in digital-first direct-to-consumer brands, lifestyle brands, smaller brands, and new incubator projects. 10X Ventures will leverage GRM’s strong infrastructure and entrepreneurial drive to enhance net sales …

EFC Limited Expands Portfolio With New 49,556 Sq. Ft. Acquisition In Pune Worth Over Rs. 80 crore

EFC Limited Expands Portfolio With New 49,556 Sq. Ft. Acquisition In Pune Worth Over Rs. 80 crore

26 August 2024

On August 26, 2024, EFC Limited announced that it had signed a Letter of Intent (LOI) to acquire a prime property in Pune City valued at over ₹80 crore. The property covers 49,556 square feet and can accommodate more than 1,500 people. This acquisition is a significant step in expanding our serviced office portfolio, reinforcing …

Medplus Health Services Stock Drops Following Rs.950 Crore Block Deal

Medplus Health Services Stock Drops Following Rs.950 Crore Block Deal

26 August 2024

Medplus Health Services Ltd. saw its shares fall by around 3% in early trading after the announcement of a large block deal today. The transaction involved 1.5 crore shares, or 12.8% of the company, being exchanged at Rs.616 per share, totaling approximately Rs.950 crore which caused a significant spike in trading volumes, with two crore …

REC Commits Rs 45,000 Crore Financing to JNPA

REC Commits Rs 45,000 Crore Financing to JNPA

26 August 2024

REC Limited, formerly known as Rural Electrification Corporation Limited, is a subsidiary of Power Finance Corporation Limited, which is owned by the Ministry of Power, Government of India. REC Limited specialises in financing and promoting power projects throughout India.REC is a prominent public sector non-banking financial company (NBFC), public financial institution (PFI), and infrastructure financing …

Uno Minda’s JV Opens New Manufacturing Plant in Rajasthan

Uno Minda’s JV Opens New Manufacturing Plant in Rajasthan

26 August 2024

Uno Minda Limited, formerly known as Minda Industries Limited, is a prominent global supplier of proprietary automotive solutions and systems to OEMs as Tier-1. With over six decades of experience, they have played a significant role in revolutionising the automotive industry supply chain with our innovative products.Established in 1958, Uno Minda Limited company is a …

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