Dalmia Bharat Sugar and Industries Ltd, Balrampur Chini Mills Ltd, and other sugar stocks saw their share prices see sharp gains after the Government of India’s expected nod for sugar exports, which will help manage the domestic sugar surplus. Various news reports suggest that the Government may soon allow 10 Lakh Tonne or 1 million … Read more
On January 20, 2025, shares of Vodafone Idea Ltd. experienced a significant surge, hitting the upper circuit limit with a remarkable 10% increase in value. This rally comes in response to reports indicating that the Government of India (GoI) is considering a substantial waiver of adjusted gross revenue (AGR) dues for telecom operators, including Vodafone … Read more
On January 20, 2025, Laxmi Dental Limited made its much-anticipated debut on the stock exchanges, marking a significant milestone for the company and its investors. The initial public offering (IPO) was met with enthusiasm, reflecting strong market sentiment and investor confidence. The shares were listed on both the National Stock Exchange (NSE) and the Bombay … Read more
On January 20, 2025, shares of Jio Financial Services Ltd. experienced a notable decline, falling by 3% in response to the company’s third-quarter financial results, which were released on January 17. The stock’s downturn highlights growing investor concerns regarding the company’s performance amidst a challenging financial landscape. For the quarter ended December 2024 (Q3FY25), the … Read more
On the first day of trading on January 20, the shares of Barflex Polyfilms made a lackluster debut on the NSE SME platform by remaining stuck at the IPO level of ₹60 per share. After listing, the stock of the company went up to ₹63 from the IPO price of ₹60, showing an increase of … Read more
Recently, the latest shareholding update shows that Kela bought 33.41,700 shares to own a 1.16% stake in Waaree Energies, a solar photovoltaic module manufacturer, for Rs. 870.6 crore. Besides, Kela bought 33,79,834 shares of Indostar Capital Finance, or a 2.48% stake in the non-banking financial company; the deal cost Rs 94.5 crore. Interestingly, for the … Read more
The management of One97 Communications, the parent firm of Paytm, has paid penalties to Sebi to clear allegations of noncompliance. The material misrepresentations mostly stem from the issuance of special benefits to Vijay Shekhar Sharma, the founder of Paytm, and his relatives, as well as the certification and endorsement of public offering documents that contained … Read more
Major U.S. equities indexes pushed higher to end the week, with traders set for a day off in observance of Martin Luther King Jr. Day on a Monday that will also see the swearing-in of Donald Trump for his second presidential term. The strength among stocks to close out the week coincided with rejuvenated optimism … Read more
CLN Energy started in October this year and its vision is to be a lithium-ion battery pack maker supplier of electric vehicles as well as a manufacturing company of motors and powertrain solution, controller, throttle, DC-DC converter, display, and differential. It offers B2B mobility and non-mobility products that include electric scooters, electric three-wheelers, electric four-wheelers, … Read more
Godavari Biorefineries Limited is one of the biggest formulating ethanol chemicals manufacturing firms in India with the integrated biorefineries having ethanol formulation capacity from 30th June, 2024 at 570 KLPD. Following these values of continuous improvement, the company has transformed into one of the largest ethanol producers in India in terms of volume as of … Read more