Introduction: A New Chapter in KPIT’s Growth Story KPIT Technologies Limited has successfully merged its wholly-owned step-down subsidiary, Future Mobility Solutions GmbH (FMS), with KPIT Technologies GmbH. This merger marks a significant milestone in KPIT’s journey, enhancing its capabilities in autonomous driving, ADAS (Advanced Driver Assistance Systems), vehicle safety, and embedded software solutions for the …
Shares of Rama Steel Tubes Ltd. have seen a significant surge this week, gaining up to 16% on Thursday following a 10% increase on Wednesday. This upward momentum can be attributed to the company’s strategic partnership with Onix Renewable Ltd. On September 05, 2024, Rama Steel Tubes shares opened at ₹11.82 and touched the day …
Introduction Reliance Industries Limited (RIL) has recently made significant announcements that have caught the attention of its shareholders and the broader market. The company has not only recommended issuing bonus shares but also approved the forfeiture of partly paid-up equity shares on which call money remains unpaid. In this blog, we will explore the implications …
Century Textiles and Industries Ltd has evolved significantly since its origins as a single-unit textile company in 1987. Over the years, it has transformed into a diversified conglomerate with a strong presence across multiple sectors. While the company remains a leader and trendsetter in the cotton textiles industry, it has also expanded its reach into …
For more than 60 years, Spark Minda has been a significant force in the global automotive sector. As a leading manufacturer of automotive components, we supply OEMs and Tier-I suppliers. The group, which is estimated to be worth US $610 million and employs over 16,000 people, provides products to some of India’s top producers of …
Shares of Ola Electric Mobility have staged a strong comeback, rising over 6% on September 5 after a six-day losing streak. The stock had previously shed around 14%, driven by sharp profit booking that followed a bullish run after its market debut. As of 1:52 pm, Ola Electric shares were trading at Rs 118 on …
Raymond Lifestyle Ltd., the newly demerged retail and lifestyle division of Raymond Ltd., made an impressive debut on the stock market on Thursday, September 5, 2024. The stock listed at a striking 93.3% premium, opening at Rs 3,020 on the National Stock Exchange (NSE) and touching an intraday high of Rs 3,100. On the Bombay …
The main office of the publicly traded Indian multinational Adani Enterprises Limited, a vital part of the Adani Group, is located in Ahmedabad. Mining and trading of coal and iron ore are among the company’s primary operations. Adani Enterprises’ inaugural issuance of non-convertible debentures (NCDs) garnered bids worth Rs. 716 crore on the first day, …
Sona BLW Precision Forgings, a leading auto component manufacturer, has announced the floor price for its Qualified Institutions Placement (QIP) at Rs.699.01 per share, aiming to raise up to Rs.2,400 crore. This comes after approvals from the board on July 24, 2024,shareholders on August 30, 2024 and otherwise recently, allowing the company to expand its …
On September 5, 2024, Radico Khaitan Limited, a major player in India’s IMFL industry, announced via a stock exchange filing that it will launch the next additions to its Rampur Jugalbandi series—Rampur Jugalbandi #5 and #6—at The Whisky Show in London, taking place from September 6 to 8, 2024. These new whiskies, crafted at Rampur …
