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TeamLease Services to Acquire TSR Darashaw and Invest in Crystal HR

TeamLease Services to Acquire TSR Darashaw and Invest in Crystal HR

23 December 2024

TeamLease Services is expanding its presence in the HR space with two significant acquisitions: a majority stake in TSR Darashaw HR Services and an investment in Crystal HR and Security Solutions, further strengthening its payroll and HR technology offerings. TSR Darashaw TeamLease has signed an agreement to acquire 90% of TSR Darashaw HR Services for …

JBM Auto Share Price Rises as Subsidiary Secures Electric Bus Contract

JBM Auto Share Price Rises as Subsidiary Secures Electric Bus Contract

23 December 2024

JBM Auto Limited (JBMA) witnessed a 4.62% rise in its share price on the National Stock Exchange (NSE), opening at ₹1,175 on December 23, 2024. The positive sentiment follows an announcement regarding a substantial contract secured by its subsidiary, JBM Ecolife Mobility Private Limited. Key Highlights of the Contract The contract, valued at approximately ₹1,800 …

What is a Santa Claus Rally in the Stock Market? 5 Reasons What Causes It

What is a Santa Claus Rally in the Stock Market? 5 Reasons What Causes It

22 December 2024

As the holiday season approaches, U.S. investors have their eyes on the possibility of a “Santa Claus Rally,” a phenomenon where stock markets tend to rise in the final week of December and the first two trading days of the new year. While hopes for a rally this year have dimmed so far, the concept …

EPFO Considering ATM Withdrawal Option: Here’s How Much You Can Currently Withdraw

EPFO Considering ATM Withdrawal Option: Here’s How Much You Can Currently Withdraw

16 December 2024

The buzz around the Employees’ Provident Fund Organisation allowing withdrawals through ATMs has sparked interest among account holders. While the government is exploring the possibility of this convenient option, clear guidelines are yet to be released. In the meantime, EPF members can familiarise themselves with the current EPF withdrawal rules. The EPF is not just …

Enviro Infra Engineers Shares Drop 9%, Ending 6-Day Gain Streak

Enviro Infra Engineers Shares Drop 9%, Ending 6-Day Gain Streak

18 December 2024

On December 18, Enviro Infra Engineers share price traded 8.985 lower at ₹346.42 at 10:15 AM on the NSE. The stock opened at ₹371.70, lower than its previous close of ₹380.59. Between December 13 and December 17, 2024, the share price of Enviro Infra Engineers saw a significant upward movement, gaining approximately 29.3%. The stock price rose …

EMS Share Hits New 52-Week High: Rose Over 2% Intraday

EMS Share Hits New 52-Week High: Rose Over 2% Intraday

18 December 2024

On December 18, 2024, EMS share price achieved a new 52-week high, with its stock price reaching ₹1,016.85 on BSE, marking a significant milestone. Over the past 3 days, EMS has posted a consecutive gain of 15.44%, highlighting consistent upward momentum. EMS opened with a gap-up of 2.36%, continuing its upward trend throughout the day. The stock …

Swan Energy Shares in Focus; Completes Payment to Lenders for RNEL Acquisition

Swan Energy Shares in Focus; Completes Payment to Lenders for RNEL Acquisition

20 December 2024

Swan Energy Limited, via Hazel Infra, has paid ₹196 crore to the lenders of Reliance Naval and Engineering Limited (RNEL) on December 19, 2024, ahead of the due date of December 23, 2024, as part of the NCLT process. Payment Overview for RNEL Acquisition  Swan Energy, through its Special Purpose Vehicle, Hazel Infra Limited (HIL), …

Mazagon Dock Shares in Focus: Commenced Production For First FPV

Mazagon Dock Shares in Focus: Commenced Production For First FPV

20 December 2024

On December 19, 2024, Mazagon Dock Shipbuilders Ltd (MDL), a Navratna Defence Public Sector Undertaking (DPSU) announced that it has commenced the production of the first Fast Patrol Vessel (FPV) as part of the 14 FPVs project for the Indian Coast Guard (ICG). MDL has signed a contract with ICG for the design, construction, and …

Sky Gold Shares Hit Lower Circuit: Drop Extended For 3rd Straight Day

Sky Gold Shares Hit Lower Circuit: Drop Extended For 3rd Straight Day

20 December 2024

Sky Gold, one of the leading players in the diamond and gold jewellery industry, saw a 5.0% decline in its stock price on December 20, 2024. This drop continues a downward trend that has persisted for the past 3 days, during which the stock has fallen by a total of ~15% on BSE. On December …

IGI Share Price Open at ₹510 on Listing Day, Above Issue Price of ₹417

IGI Share Price Open at ₹510 on Listing Day, Above Issue Price of ₹417

20 December 2024

International Gemmological IPO opened for subscription on December 13, 2024, and closed on December 17, 2024. It was a book-built issue of ₹4,225.00 crore. The issue was a combination of a fresh issue of 3.54 crore shares aggregating to ₹1,475.00 crores and an offer for sale of 6.59 crore shares aggregating to ₹2,750.00 crores. The …

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