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Gujarat Fluorochemicals Announced Acquisition Of GFCL EV

Gujarat Fluorochemicals Announced Acquisition Of GFCL EV

12 June 2024

On June 12, 2024, Gujarat Fluorochemicals Limited informed the exchanges that GFCL EV Products Limited, a wholly-owned subsidiary of Gujarat Fluorochemicals Limited, established its wholly-owned subsidiary in the Sultanate of Oman, named GFCL EV (FZC) SPC on June 11, 2024. The industry in which the established entity GFCL EV operates is developing a new project …

Brigade Group Launches Brigade Icon Residences on Chennai’s Historic Mount Road

Brigade Group Launches Brigade Icon Residences on Chennai’s Historic Mount Road

12 June 2024

On June 12, 2024, Brigade Group, a leading real estate developer, announced the launch of Brigade Icon Residences, a luxurious mixed-use development on Chennai’s historic Mount Road. To expand its presence, the company plans to invest over ₹8,000 crore in Chennai by 2030, over 15 million sq ft. The residential projects alone are expected to …

Kirloskar Brothers Ltd Shares Reach Rs 2000 Mark for the First Time

Kirloskar Brothers Ltd Shares Reach Rs 2000 Mark for the First Time

12 June 2024

On June 12, 2024, shares of Kirloskar Brothers Ltd (KBL) achieved a significant milestone by touching the Rs 2000 mark for the first time. The journey to this milestone has been swift, especially in the past year. On May 11, 2023, KBL shares crossed the Rs 500 mark, taking 4,788 days to reach this point. …

Union Bank of India Approves Rs 10,000 Cr Capital Raising Plan

Union Bank of India Approves Rs 10,000 Cr Capital Raising Plan

12 June 2024

Union Bank of India, commonly referred to as Union Bank, is an Indian public sector bank headquartered in Mumbai. It has 153+ million customers. After the merging with Corporation Bank and Andhra Bank, which came into effect on 1 April 2020, the merged entity became one of the largest PSU banks in terms of branch …

Bharti Airtel Converts Rs 417 Cr Worth of Foreign Debt Bonds to Equity

Bharti Airtel Converts Rs 417 Cr Worth of Foreign Debt Bonds to Equity

12 June 2024

In January 2020 Bharti Airtel raised $1,000 Million through foreign currency convertible bonds which were convertible into the company’s fully paid-up equity shares of Rs.5 each at any time on or after February 27, 2020, and up to February 7, 2025. On 11 June 2024, Bharti Airtel announced that it had converted $49.87 Million worth …

Overnight Digest: Top 5 mid and small-cap stocks to watch out for June 13

Overnight Digest: Top 5 mid and small-cap stocks to watch out for June 13

12 June 2024

On Wednesday, the market hit a record high intraday but ended off its highs. The market cap of BSE-listed companies reached a record Rs 429 lakh crore ($5.14 trillion), with an increase of more than Rs 2 lakh crore. The Sensex gained 0.2% to close at 76,696.57, while the Nifty rose by 0.25% to close …

Top 3 stocks trading below Rs 100

Top 3 stocks trading below Rs 100

12 June 2024

During Wednesday’s trading sessions, these three equities gained significantly with price and volume activity, indicating potential bullish action. Here’s an in-depth look. Asian Granito India Ltd Asian Granito India Ltd showed strong performance today with its stock price reaching a high of Rs 72.4 before settling at Rs 72, marking a 15.24% increase from the …

Happiest Minds Technologies Ltd.: Poised for Technical Breakout amidst Market Surge

Happiest Minds Technologies Ltd.: Poised for Technical Breakout amidst Market Surge

12 June 2024

Company Overview Happiest Minds Technologies Ltd. engages in the provision of information technology (IT) services. It includes agile infrastructure, data management, digital transformation, managed infrastructure and safety, product engineering, IT security and web technologies. It operates through the following segments: Infrastructure Management & Security Services (IMSS), Digital Business Solutions (DBS), and Product Engineering Services (PES). …

Sprayking Stock is Poised for Growth with the Acquisition of High-tech Machinery

Sprayking Stock is Poised for Growth with the Acquisition of High-tech Machinery

12 June 2024

About the Investment Sprayking Limited (formerly Sprayking Agro Equipment Limited) is making a major push to boost production and enter new markets with the announcement of a significant investment in new machinery. The company, based in Jamnagar, India, has acquired high-tech machinery worth approximately Rs 10 million (around USD 121,000) that will significantly increase its …

SBI Launches SME Digital Business Loans Programme

SBI Launches SME Digital Business Loans Programme

12 June 2024

On June 12, 2024, the State Bank of India (SBI) launched a new SME digital business loans programme. The bank will use income tax and GST returns and bank statement data to assess the creditworthiness of micro, small, and medium enterprises (MSMEs) and sanction loans in 10 seconds after submitting the required details without human …

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