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Suzlon Looks to Restructure, Set To Merge Suzlon Global Services

Suzlon Looks to Restructure, Set To Merge Suzlon Global Services

3 May 2024

Suzlon Energy is an Indian Multinational wind turbine manufacturer founded in 1995, It is headquartered in Pune. It is a pioneer in the field of wind energy, it currently has a presence in 17 countries and has installed over 12,860 wind turbines across 6 continents. The board of Suzlon Energy Ltd. has approved a scheme …

Ajanta Pharma Buyback 2024

Ajanta Pharma Buyback 2024

3 May 2024

Ajanta Pharma Ltd is a pharmaceutical company that mainly focuses on the research, production, and promotion of high-quality finished products in specialized areas. Recently, the company published its quarterly results along with an announcement of the board of Ajanta Pharma Ltd. approving the company’s fourth equity share buyback since 2020. Buyback Offer  On Thursday, Ajanta …

These 3 Stocks from BSE 500 Jumped Over 5% Today; Do You Own Any?

These 3 Stocks from BSE 500 Jumped Over 5% Today; Do You Own Any?

3 May 2024

The benchmark index S&P BSE 500 opened today at 33,462.68 and made its day high at 33,476.11, and it is trading in green today, up by more than 0.40%. From the same space, these are the top 3 companies that outperformed the benchmark index and were up by more than 5% today. Ajanta Pharma Ltd …

Coromandel International Invests in Ecozen Through Its Subsidiary

Coromandel International Invests in Ecozen Through Its Subsidiary

3 May 2024

Coromandel International Limited, India’s leading player in agri-solutions, announced a strategic investment in Ecozen Solutions Private Limited (Ecozen) on May 2nd, 2024. This move underscores Coromandel’s commitment to fostering innovation and sustainability within the agricultural sector. Investment Details Subsidiary In Charge: Coromandel International’s wholly-owned subsidiary, Dare Ventures Limited, spearheaded the acquisition of 31,065 preference shares …

Adani Green Secured USD 400 Million From 5 International Banks

Adani Green Secured USD 400 Million From 5 International Banks

3 May 2024

One of the world’s leading renewable energy (RE) companies, Adani Green Energy Limited, through an exchange filing dated May 02, 2024, announced that the company had secured USD 400 million in financing for its under-construction 750 MW solar projects in Rajasthan and Gujarat by a consortium of 5 leading international banks. The consortium includes Cooperative …

Max Estates To Strengthen Land Portfolio: Signed Joint Development Agreement

Max Estates To Strengthen Land Portfolio: Signed Joint Development Agreement

3 May 2024

The real estate division of the Max Group, Max Estates Limited (Max Estates), announced in an exchange filing on May 02, 2024, that it had entered a legally binding agreement for a possible Group Housing Residential construction on 18.23 acres of land. The development area in Gurugram, which spans over 4 million square feet, has …

Upper Circuit Stocks Today – 03 May, 2024

Upper Circuit Stocks Today – 03 May, 2024

3 May 2024

On Friday, the benchmark indices were trading in the red with the Sensex down around 200 points or 0.25% at 74,435, while the Nifty-50 was down around 22 points or 0.10% at 22,628. About 1,578 shares have advanced; 1,935 declined and 174 are unchanged on the BSE. Top gainers and losers on the BSE Sensex …

Market Movers: Here Are Today’s High-Volume Buzzers!

Market Movers: Here Are Today’s High-Volume Buzzers!

3 May 2024

Bajaj twins, Bajaj Finance and Bajaj Finserv, spearheaded today’s gains, propelling the indices closer to their all-time highs on the bourses. Additionally, power, metal, and utilities sectors emerged as other leading gainers, with all sectoral indices posting notable gains. The initial gains were considerably reduced later on. At 10:10 am, the BSE Sensex added 0.08% …

Hindustan Motors Locked at Upper Circuit – Multibagger Stock in 4 Months

Hindustan Motors Locked at Upper Circuit – Multibagger Stock in 4 Months

3 May 2024

The calendar year 2024 has been a roller coaster ride for the stock market. Market participants have faced uncertainties due to a mix of potential rate cuts and geopolitical issues. However, a resilient domestic economy has kept investor morale high. As a result, the NSE benchmark Nifty 50 index is up about 4.83% and reached …

Coforge Makes Strategic Move With Acquisition of 54% Stake in Cigniti

Coforge Makes Strategic Move With Acquisition of 54% Stake in Cigniti

3 May 2024

Coforge Limited, a leading IT services provider known for its end-to-end software solutions, announced a strategic acquisition on May 2nd, 2024. Coforge entered into a share purchase agreement with promoters and select public shareholders of Cigniti Technologies Limited, aiming to acquire a significant stake in the company. Acquisition Scope Target Stake: Coforge seeks to acquire …

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