On May 29, 2024, Maithan Alloys Limited informed in a stock exchange filing that the company had acquired equity shares of a listed entity, GAIL (India) Ltd, through the Stock Exchange. Details of the Acquisition The shares of Gail India Ltd were acquired through the stock exchange and formed part of the investment of Maithan …
On May 29, 2024, ITC Hotels, a division of ITC Ltd, announced a management agreement with the Jaipur-based Dangayach Group for a property under the Storii brand in Jaisalmer, Rajasthan. According to the company, Storii by ITC Hotels in Jaisalmer will be a 119-key resort situated east of the city on the Jodhpur-Jaisalmer Road. This …
IndiaMART InterMESH Limited (Company) has announced an agreement to acquire 10% of the share capital (on a fully diluted basis) of M/s Baldor Technologies Private Limited (IDfy). IDfy, operating under the brand IDfy, provides products and solutions for KYC, background verifications, risk mitigation, digital onboarding, and digital privacy. The company is based at its registered …
On May 29, 2024, Ramco Systems Limited announced that its subsidiary, Ramco Systems Sdn. Bhd., Malaysia has entered into a strategic partnership with Ramsol Group Berhad, a leading Human Capital Management (HCM) solutions and technology provider and a wholly-owned subsidiary of RAMS Solutions Sdn Bhd. As part of the strategic partnership, Ramssol will distribute, resell, …
ABCL provides a comprehensive suite of financial solutions across Loans, Investments, Insurance, and Payments to serve the diverse needs of customers across their lifecycle. As of March 31, 2024,. Aditya Birla Capital has said in a recent regulatory filing that it has infused around Rs.300 crores in its housing finance arm. AB Capital Infused Rs.300 …
SAMHI Hotels Limited, a prominent branded hotel ownership and asset management platform in India, announced its results for the quarter and year ended March 31, 2024. Quarterly Performance The RevPAR for Q4 FY2024 was 4,830, indicating a YoY increase of 16.9%. Furthermore, the YoY growth rates for Asset EBITDA and Asset Income were 35.4% and …
RR Kabel Ltd, an important part of the RR Global Group, is a major player in India’s consumer electrical industry, excelling in wires, cables, and fast-moving electrical goods (FMEG). Over its 20-year history, the company has expanded across multiple verticals including switches, fans, lighting, switchgear, and appliances, offering a comprehensive product range for residential, commercial, …
Technical analysis identifies Torrent Power and Olectra Greentech upside potential stocks. Both stocks have displayed promising structures and technical setups, including price volume contraction, and the potential to bounce back and breakout. Currently trading at Rs 1,413.30 and Rs 1,787.40 respectively, their price aligns with positive signals from technical indicators like RSI and ADX, suggesting …
Healthcare Global Enterprises Limited (HCG), one of the largest providers of cancer care in India under the brand “HCG,” released its results for the quarter, and the year ended on March 31, 2024. Quarterly Performance The overall average revenue per occupied bed (ARPOB) increased by 10% to ₹41,802 in Q4 FY24 from ₹38,042 in Q4 …
The benchmark index S&P BSE 500 opened today at 33,584.03 and made its day high at 33,590.42, and it is trading in red today, down by more than 0.50%. From the same space, these are the top 3 companies that outperformed the benchmark index and were up by more than 5% today. Emami Ltd Shares …
