ITI Limited’s share price surged nearly 3% in early trading on August 30 after the company announced a new order from the State Election Commission (SEC) of West Bengal. The order involves the supply of 500 sets of Multi Post Electronic Voting Machines (EVMs), designed and developed by ITI Limited. These EVMs are to be […]
ITI share price rises nearly 3% on EVM order from Election Commission Read More »
Reliance Industries Ltd (RIL), India’s largest company by market value, will consider issuing 1:1 bonus shares during its upcoming board meeting on September 5, 2024. This decision aligns with the company’s goal to reward its shareholders following strong financial performance and ongoing business expansion. The board of RIL will consider and may recommend the issue
Reliance Industries to Consider 1:1 Bonus Issue on September 5; Stock Jumps 2% Read More »
NLC India shares climbed over 3% in early trading on August 29 following the company’s announcement of a power usage agreement in Hyderabad. As of 09:23 am, NLC India was trading at ₹286.50 on the BSE, reflecting a 3.75% increase. The accord signed with Telangana State DISCOMs is about a 200 MW solar power project,
NLC India Shares Gain 3% After Signing 200 MW Solar Power Supply Agreement Read More »
The shares of KEC International jumped over 5% in the early deals on August 29 after the infra company has bagged new orders of Transmission and Distribution (T&D) worth ₹1,171 crore in the Middle East. Other new orders include a 400-kV transmission line project in the UAE, while the other one is a 380-kV transmission
KEC International Shares Surge 5% on Securing ₹1,171 Crore T&D Orders in Middle East Read More »
Shares of Resourceful Automobile made a weak debut on the BSE SME platform on Wednesday, listing at its issue price of ₹117, despite a massive oversubscription of 419 times during the IPO process. In fact, the ₹12-crore public offer created a lot of buzz, with 40.76 crore shares bid for against 9.76 lakh shares on
Resourceful Automobile Shares List Flat at ₹117 Despite 419x IPO Subscription Read More »
IndiGo’s co-founder and promoter, Rakesh Gangwal, is reportedly planning to sell up to $850 million worth of shares in InterGlobe Aviation, the airline’s parent company. According to CNBC-TV18, Gangwal is seeking to offload his stake through block deals at a discounted indicative price of Rs 4,593 per share. As of June 2024, Gangwal held a
IndiGo Promoter Rakesh Gangwal Plans to Sell $850 Million Stake Read More »
India’s Competition Commission (CCI) has given its nod to the Rs 70,350-crore merger between Reliance Industries Ltd (RIL) and Disney’s Indian media assets, a deal that is set to create a media giant in the country. The approval is subject to certain voluntary modifications proposed by the involved parties. The announcement from the CCI was
CCI Approves Rs 70,350-Crore Reliance-Disney India Merger Read More »
Shares of Shoppers Stop rose nearly 5% on August 28 after the company said it has entered a strategic partnership with US-based Hollywood makeup brand Max Factor. The stock bounced back sharply after falling for four days in a row to an intraday high of Rs 819 per share on the NSE, up 4.23%. The
Shoppers Stop Shares Climb Nearly 5% After Partnership with Max Factor Read More »
On August 28, DCX Systems surged 4% at Rs 344 after it received an order of Rs 187 crore from an overseas client. The said order is for supplying electronic kits and will be executed within a period of 12 months. This order comes after a similar win in the beginning of the month, when
DCX Systems Shares Surge 4% After Securing Rs 187 Crore Order Read More »
The National Stock Exchange (NSE) is planning to refile for a no-objection certificate (NOC) from the Securities and Exchange Board of India (SEBI) to move forward with its long-awaited initial public offering (IPO), which is expected to raise around Rs 30,000 crore. This decision was discussed during the exchange’s annual general meeting. NSE’s IPO plans
NSE Plans to Reapply for NOC in Push to Launch Rs 30,000 Crore IPO Read More »
