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NIIT Learning Systems Surges on Xsel Real Estate Learning Platform Launch

NIIT Learning Systems Surges on Xsel Real Estate Learning Platform Launch

22 August 2023

At 2 pm, the shares of NIIT Learning Systems were trading at Rs 384.55, up by 5.00% from its previous closing of Rs 366.25 on the BSE.  NIIT Learning Systems (now be known as NIIT Managed Training Services (NIIT MTS) has launched ‘Xsel,’ its Real Estate Learning Platform, designed exclusively for real estate brokerages and …

Welspun Enterprises surges on acquiring 50.10% stake in Michigan Engineers

Welspun Enterprises surges on acquiring 50.10% stake in Michigan Engineers

22 August 2023

Welspun Enterprises (WEL) has completed the acquisition of a 50.10% stake in Michigan Engineers (MEPL), a trenchless technology-based EPC company in the urban water infrastructure segment, from the existing shareholders for an equity investment of Rs 137.07 crore. With the completion of the transaction, MEPL is now a subsidiary of WEL.   The acquisition aligns with …

Adani to invest Rs 2,000 crore to build two transmission lines in Mumbai

Adani to invest Rs 2,000 crore to build two transmission lines in Mumbai

22 August 2023

Adani Energy Solutions formerly known as Adani Transmission and trading in the same name is the transmission business arm of the Adani Group, one of India’s largest business conglomerates. Today the script was opened at Rs 872.05 and in the last trading session it was closed at Rs 871.30. Today it was closed at Rs …

DB realty shares surged 85% in just one month; do you own any?

DB realty shares surged 85% in just one month; do you own any?

21 August 2023

Shares of DB Realty Limited witnessed a significant surge this month. Today, the stock commenced trading at Rs 140.99, marking a 3.7% increase compared to the previous day’s closing price of Rs 136 each on the BSE. During the intraday session, the stock exhibited a remarkable 8% surge accompanied by significant trading volume.  As of …

Shares of Panth Infinity surge on getting a contract from CONNEXA FZC

Shares of Panth Infinity surge on getting a contract from CONNEXA FZC

21 August 2023

CONNEXA FZC has given Panth Infinity a contract to develop an Artificial Intelligence Hub in the UAE, demonstrating the company’s commitment to defining the future of AI. This collaboration shows the merging of two creative forces to create an atmosphere that supports innovative technical developments, building on CONNEXA FZC’s already strong position in the field …

These 3 stocks from BSE 500 jumped over 7% today, 21 August 2023

These 3 stocks from BSE 500 jumped over 7% today, 21 August 2023

21 August 2023

The benchmark index S&P BSE 500 opened today at 26,563.74 and made its day high at 26,754.47 and it is trading in green, up by more than 0.55%.                       From the same space, these are the top 3 companies that outperformed the benchmark index and were up by more than …

KEC International Surges Over 8% on Bagging Rs 1007 Cr Order

KEC International Surges Over 8% on Bagging Rs 1007 Cr Order

21 August 2023

KEC International Ltd., a prominent global infrastructure EPC (Engineering, Procurement, and Construction) major and a part of the RPG Group, has successfully obtained new contracts worth Rs 1,007 crores spanning its diverse range of operations:  Civil: The company has been awarded a prestigious contract to oversee the Design, Engineering, Procurement, and Construction of a Multi-speciality …

Subsidiary of Axiscades Technologies acquires 94% stake in add solution GmbH, also reports strong quarterly results

Subsidiary of Axiscades Technologies acquires 94% stake in add solution GmbH, also reports strong quarterly results

18 August 2023

Axiscades Technologies’ wholly owned subsidiary — Axiscades GmbH acquired a 94% stake in add Solution GmbH on August 17, 2023, upon payment of Phase I consideration of Euro 5 million, in accordance with the Definitive Agreements. Subsequently, add solution GmbH has become a subsidiary of Axiscades GmbH and a step-down subsidiary of the company. The …

Weekly Wrap: Nifty50 traded below 19300 throughout the day, but managed to close above it

Weekly Wrap: Nifty50 traded below 19300 throughout the day, but managed to close above it

18 August 2023

Today, the Nifty 50 index opened at 19,301.75, marking a 64-point decrease from its previous day’s closing level of 19,365.25. It began the day with a candle having a long wick, like a hammer candle, but in red colour on the five-minute timeframe. This indicates that buyers are showing significant interest at these levels, but …

Penny stocks to watch out for Monday!

Penny stocks to watch out for Monday!

18 August 2023

The Sensex and Nifty indices concluded the session by recording declines of 0.31% and 0.44%, respectively. Similarly, within the Nifty range, the Nifty Midcap concluded with a decrease of 0.33%, while the Nifty Smallcap experienced a more notable decline, closing down by 0.6%.  Looking at sectoral performance, the Nifty PSU Bank, Nifty FMCG, and Nifty …

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