PG Electroplast shares soared on December 5, climbing 6% to touch a record high of ₹820.75 after the company announced the launch of a Qualified Institutional Placement (QIP) worth up to ₹1,500 crore. The stock has gained significant momentum, rising 16% in the past week alone. At 9:57 am, shares were trading at ₹812.05 on […]
PG Electroplast Shares Hit All-Time High After Launch of ₹1,500 Crore QIP Read More »
HEG’s stock extended its rally, climbing over 6% on December 5 to reach a 6-year high of ₹619. This marked the third consecutive session of gains for the graphite electrode manufacturer, fueled by a major block deal worth ₹172 crore. During the transaction, 28.8 lakh shares, representing a 6% stake in the company, were traded
Brickwork Ratings has agreed to pay Rs 1.54 crore to settle allegations of violating SEBI’s Credit Rating Agencies (CRA) Regulations. The Securities and Exchange Board of India (SEBI) announced the settlement on December 4. SEBI inspected Brickwork Ratings covering December 1, 2019, to January 21, 2022. The inspection aimed to evaluate the agency’s compliance with
Brickwork Ratings Settles SEBI Allegations with Rs 1.54 Crore Payment Read More »
Shares of PB Fintech surged nearly 5 percent on December 4, reaching a 52-week high of Rs 2,018.85 after the company announced plans to incorporate a wholly owned subsidiary. This new entity will focus on healthcare services under proposed names such as ‘PB Healthcare’ or ‘PB Healthcare Services,’ subject to approval by the Ministry of
PB Fintech Shares Surge to 52-Week High on Subsidiary Approval for Healthcare Services Read More »
Shares of Waaree Energies saw marginal gains of 0.46% to ₹2,709.35 on December 4, but the stock remains under pressure, having dropped 33% from its all-time high of ₹3,743 on November 6. While still 8.37% above its listing price of ₹2,500 on October 28, the steep correction has raised concerns among investors about its future
Waaree Energies Shares Correct Sharply from Peak Amid Global Uncertainty Read More »
Shares of Reliance Power surged 5% to ₹41.09 on December 4 after the Solar Energy Corporation of India (SECI) withdrew its debarment notice against the company. This development reinstates Reliance Power and its subsidiaries—except Reliance NU BESS (formerly Maharashtra Energy Generation)—as eligible participants in SECI’s renewable energy tenders. Key Developments The debarment notice, issued on
Reliance Power Hits 5% Upper Circuit as SECI Withdraws Debarment Notice Read More »
Rail Vikas Nigam Limited’s shares are likely to be in focus on December 4, after the company received an order worth ₹186.76 crore from East Central Railway. The project involves the design, supply, erection, testing, and commissioning of traction substations along with associated switching posts. These works will upgrade the electric traction system from 1X25
RVNL Shares in Focus After ₹186.76 Crore Project Win from East Central Railway Read More »
Swiggy, the popular food tech and grocery delivery platform, reported a strong 30% growth in revenue for the July-September quarter (Q2FY25), reaching ₹3,601.5 crore. This is up from ₹2,763.3 crore recorded in the same period last year. The company also managed to narrow its losses to ₹626 crore, a 5% reduction compared to ₹657 crore
Swiggy Q2 Results: Revenue Rises 30% to ₹3,602 Crore, Losses Narrow to ₹626 Crore Read More »
Shares of Zen Technologies dropped over 7% in early trading on December 3, following a block deal worth ₹386.1 crore. Approximately 21.4 lakh shares, equating to a 2.55% equity stake in the company, were traded at a price of ₹1,800 per share. This price represents a 5.9% discount to the previous session’s closing price. By
Zen Technologies Shares Fall Over 7% After Rs 386 Crore Block Deal Read More »
Shares of TBO Tek fell sharply by 7% in early trading on December 3, following a significant block deal. Around 64.34 lakh shares, equivalent to a 5.92% equity stake, were exchanged for ₹951 crore at a price of ₹1,476 per share. This price reflects a 6.6% discount from the previous session’s closing price. By 10:20
TBO Tek Shares Drop 7% After Rs 951 Crore Block Deal Read More »
