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Sumitomo Chemical India inks pact to acquire 85% stake in Barrix Agro Sciences

Sumitomo Chemical India inks pact to acquire 85% stake in Barrix Agro Sciences

4 September 2023

Sumitomo Chemical India (SCIL) has executed definitive agreements for acquiring 85% equity shares and a controlling stake (on a fully diluted basis) in Barrix Agro Sciences, a Bengaluru-based company engaged in the business of developing and providing farmers pheromone traps and chromatic sheets. It is also engaged in the business of bio-products and micronutrients. The …

Remarkable 20% surge in shares of GMR Power and Urban Infra following major order win!

Remarkable 20% surge in shares of GMR Power and Urban Infra following major order win!

4 September 2023

The Indian headline indices experienced a reversal of early-session gains, primarily driven by declines in the fast-moving consumer goods and banking sectors. However, amidst this weak market environment, BSE Metals stood out by demonstrating remarkable resilience, with an impressive surge of around 3%. Notably, the broader indices outperformed the main indices significantly. GMR Power and …

Veefin Solutions surges 10% and hits the upper circuit in early trade; here’s why

Veefin Solutions surges 10% and hits the upper circuit in early trade; here’s why

4 September 2023

The shares of Veefin Solutions Limited witnessed a significant surge today. The stock commenced trading at Rs 276.10, up by 10% from the previous day’s closing price of Rs 251. As of writing this article, the shares of the company are trading at Rs 276.10 each on the BSE. Veefin Solutions Limited (Veefin) stands as …

End of an Era: Uday Kotak resigns as Kotak Mahindra Bank’s MD and CEO

End of an Era: Uday Kotak resigns as Kotak Mahindra Bank’s MD and CEO

4 September 2023

Kotak Mahindra Bank in its latest exchange filing announced that Uday Kotak has stepped down as the Kotak Mahindra Bank Managing Director and Chief Executive Officer with effect from September 1.  However, Uday will continue as a non-executive director of the bank as per the details mentioned in the report. The term for the same …

Top 6 High Beta Stocks in 2023

Top 6 High Beta Stocks in 2023

4 September 2023

Stock trading can be a risky business, but sometimes, risks in the stock market may potentially prove to be lucrative. You have to remember that if you wish to grow capital, it has to be invested in some kind of instrument. Whether you have a high-risk appetite or not, you may still want to invest …

Penny stocks to watch out for Monday, 4 September 2023

Penny stocks to watch out for Monday, 4 September 2023

1 September 2023

During the most recent market session, both the Sensex and Nifty closed on a positive note, with the Sensex Index and Nifty-50 Index each gaining 0.75%. Additionally, the Nifty Midcap experienced a modest increase of 0.70%, whereas the Nifty Smallcap exhibited significant growth, finishing the session up by 1.17%.  Nifty Metals and Nifty Auto emerged …

Navneet education achieves 52-week high as management overhauls business strategy

Navneet education achieves 52-week high as management overhauls business strategy

1 September 2023

Navneet Education Limited (NEL) primarily focuses on the manufacturing and trading of educational books, reference materials, technical and professional publications in both physical and digital formats, as well as paper-based and non-paper stationery products. It owns a market share of approximately 65% in western India. In their recent filing yesterday, the company disclosed a series …

P&G Hygiene and Health Care Q1 Results: 250% jump in net profit

P&G Hygiene and Health Care Q1 Results: 250% jump in net profit

1 September 2023

Procter & Gamble Hygiene and Health Care Ltd is actively involved in the manufacturing and sales of branded consumer goods within the feminine care and healthcare sectors. Their portfolio comprises WHISPER, India’s top Feminine Hygiene brand, VICKS, India’s leading Health Care brand, and Old Spice. In the Hygiene sector, WHISPER continues to maintain its leadership …

Titagarh Rail Systems takes the plunge: Dives into naval support and training

Titagarh Rail Systems takes the plunge: Dives into naval support and training

1 September 2023

Today, both the Sensex and Nifty are showcasing strong gains, with increases of 0.86% and 0.93%, respectively. In this optimistic market sentiment, the shares of Titagarh Rail Systems Limited zoomed by 2.30%. Additionally, the stock hit the fresh 52-week high mark at Rs 830 apiece on BSE. The company’s current market capitalisation is Rs 10,529.77 …

Optiemus Infracom to enter into JV agreement with Corning International Corporation!

Optiemus Infracom to enter into JV agreement with Corning International Corporation!

1 September 2023

Optiemus Infracom has received approval to enter into Joint Venture agreement with Corning International Corporation, a company incorporated under the laws of Delaware, United States of America. The purpose of the agreement is to form a joint venture company in India that will manufacture finished parts for use in mobile consumer electronic devices (or other …

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