The Board of Directors of IDFC First Bank Ltd at its meeting held on July 3, 2023, approved the scheme of amalgamation of IDFC Ltd with IDFC First Bank. The ratio has been fixed at 155:100. “Under the proposed merger, for every 100 shares of IDFC Ltd that an investor holds, they will receive 155 …
Coffee Day Enterprises’ shares experienced a significant surge today. The trading began at Rs 39.01, remaining unchanged from the previous day’s closing price. During the intraday session, the stock demonstrated a substantial 18% surge, accompanied by significant trading volume. Upon analysing today’s share volumes, it’s evident that there has been a considerable increase of over …
Ramkrishna Forgings Limited, a prominent player in supplying forged components for automobiles, has announced that the company has received an order. As per the filling report, the company has received an order worth Rs 156 crore (17.2 million Euros) from a Eurasian customer in the farm equipment industry. This contract is set to span four …
Jio Financial Services Limited’s shares have experienced a two-day streak of hitting the lower circuit. Today, the stock began trading at Rs 227.25 per share, marking a 5% decline from the previous day’s closing price of Rs 239.20 on the BSE. Throughout the day, the shares remained at the same price, with no buyers interested …
Amidst the fluctuating market trends, Jubilant Pharmova emerged as a defensive powerhouse, surging 11% in a historic trading spree. Jubilant Pharmova Ltd., a prominent player in the realm of basic organic chemicals, demonstrated its mettle as a robust defensive stock by orchestrating an impressive rally of more than 11%. This surge was fueled by an …
On Tuesday, Caplin Point Laboratories Ltd shares rose over 11% after the company reported robust results for the June quarter. The company’s net sales increased by 14.14% to Rs 395.32 crore in Q1FY24 as compared to Rs 346.33 crore in the same quarter the previous year. PBIDT, excluding other income, increased by 23.83% to Rs …
The benchmark index S&P BSE 500 opened today at 27,082.07 and made its day high at 27,137.43 and it is trading almost flat, down by around 0.04% From the same space, these are the top 3 companies that outperformed the benchmark index and were up by more than 8% today. …
The benchmark index S&P BSE 500 opened today at 26,907.48 and made its day high at 27,026.59 and it is trading in green, up by more than 0.42%. From the same space, these are the top 3 companies that outperformed the benchmark index and were up by more than 7% today. Shares of Hindustan Copper …
The Indian benchmark indices started the session lower, but robust gains in the utilities and power sectors helped indices rise higher. BSE Power and BSE Utilities both surged around 1.8%, led by Adani Power and Orient Green Power Company, respectively. Following the announcement of the company’s quarterly results, shares of NTPC Ltd received significant buying …
Welspun Enterprises has received approval for the acquisition of a 50.10% stake in Michigan Engineers. The Board of Directors of the company at its meeting held July 27, 2023, has approved the same. The company signed a Share Purchase Agreement (SPA) on July 27, 2023, with Authum Investment & Infrastructure, Sansaar Housing Finance and Michigan, …
