Introduction The Nifty50 index isn’t the only one making headlines; the Nifty Smallcap 100 index also marked an all-time high on Monday. Amidst this rally, a small-cap stock that’s catching investors’ eyes is Rhetan TMT Ltd. This stock has surged about 28% in the last week alone and boasts a year-to-date gain of 65.50%. The …
Sandur Manganese & Iron Ores Limited (SMIORE), established in 1954, is part of the Karnataka-based Sandur Group. It mines low-phosphorus manganese and iron ore in the Hosapete-Ballari region and produces ferro-alloys like silico-manganese and ferro-manganese, as well as coke at its plant near Hospet. SMIORE is the third-largest manganese ore miner in India. The company …
Route Mobile Limited, a prominent global player in cloud communication services, announced on September 13, 2024, a significant milestone in its corporate journey. Its promoter entity, Proximus Opal S.A., successfully divested a substantial 6.03% stake in the company through an Offer for Sale (OFS) conducted on September 12 and 13. This strategic move, coupled with …
Investing in the stock market doesn’t always require a hefty budget. For those looking to grow their portfolios without making a significant initial investment, stocks priced under ₹10 can offer an appealing opportunity. While these stocks come with their own set of risks and rewards, they also provide opportunities for savvy investors. In this blog, …
NLC India Limited (NLCIL), a leading Central Public Sector Enterprise, is committed to aligning its growth strategy with India’s ambitious renewable energy targets. In line with the country’s pledge at COP 26, NLCIL aims to triple its total power generation capacity by 2030, with a significant focus on renewable energy. A 50% Renewable Energy Portfolio …
Orient Technologies Limited reported a robust financial performance for the quarter ending June 30, 2024, demonstrating continued growth and strategic progress. The company’s revenue surged by 27.32% YoY to ₹14,884.68 lakhs, driven by strong execution and new business wins. Key Financial Highlights Revenue: ₹14,884.68 lakhs (up 27.32% YoY) EBITDA: ₹1,365.22 lakhs (up 28.56% YoY) PAT: …
As the Indian government accelerates its infrastructure development, Responsive Industries Ltd. is poised to benefit significantly from the announcement of 75 new tunnel projects across the country. The government’s commitment of ₹1 lakh crore to these initiatives will drive a surge in demand for high-quality construction materials. Known for its expertise in PVC membranes and …
Zydus Lifesciences, a leading global healthcare company, has solidified its presence in the US market through a strategic partnership with Viwit Pharmaceuticals. The agreement grants Zydus exclusive rights to market, distribute, and sell generic versions of GADAVIST™ (gadobutrol injection) and DOTAREM® (gadoterate meglumine injection) in the United States. Viwit will be responsible for the development, …
On September 14, 2024, Thermax Babcock & Wilcox Energy Solutions Limited (TBWES), a fully owned subsidiary of Thermax, secured a repeat order worth ₹516 crore. This new order is for a 300 MW energy project from an industrial group in Botswana, Southern Africa. This project is part of a larger 600 MW initiative, making Thermax …
On September 14, 2024, Lumax Auto Technologies Limited (LATL), a top supplier of automotive systems and components, announced it would acquire a majority stake in Greenfuel Energy Solutions Private Limited (Greenfuel). This move marks LATL’s entry into the green and alternative fuels sector, which includes CNG, hydrogen, and other applications, and is expected to grow …
