Stocks appear to be in intense competition with one another to be the most valued. Investors are keeping a close eye on which stock will maintain its top spot as each company pushes the limits of price and market value. MRF’s long-standing record as the most valuable stock on Dalal Street was previously broken by…
On Thursday, Ashok Leyland Ltd. was awarded a Rs 345.6 crore deal to supply Tamil Nadu State Transport Corp. with 1,475 passenger bus chassis of the BSVI diesel fuel type. According to an exchange filing, there are no unfavourable terms or circumstances in the contract, and the order was given via a typical business prudential…
Rail Vikas Nigam (RNVL) declared that Southern Railway had sent them a letter of acceptance (LoA) for a construction contract for Rs 110.86 crore. The directive calls for replacing the balance AFTCs in the MAS-GDR & MSB-TBM automatic block signalling sections of Chennai Division in Southern Railway and installing MSDAC at stations in conjunction with…
In today’s trading session, JK Tyre Industries’ shares dropped 2.8% to their day’s low of Rs 419.60 on the BSE following the company’s announcement that Deutsche Investitions- und Entwicklungsgesellschaft (DEG) would give the business a EUR 30 million long-term loan. The company plans to use the money to expand its production capacity in a sustainable…
When Shakti Pumps (India) got the letter of empanelment from the Maharashtra State Electricity Distribution Company (MSEDC) under the Magel Tyala Saur Krushi Pump Scheme, the company experienced a 5% increase in price at Rs 819.20. Under the Magel Tyala Saur Krushi Pump Scheme, the entire state of Maharashtra will receive 25,000 standalone off-grid DC…
The housing financing arm of Shriram Financing Ltd. was sold to Warburg Pincus on Wednesday, December 11th, for ₹3,929 crore. The lead firm of the Shriram group sold all of its 84.44 per cent stake on a fully diluted basis. After the sale of the stake was completed, Shriram Housing Finance was no longer part…
The shares of Godawari Power have given returns of 69.7% in the last year and 51.2% in the current year so far, according to the BSE analytics. “We would like to inform you Our Company has entered into an agreement with GAIL (India) Limited (GAIL) and exchanged the document at Raipur on 10.12.2024 for the…
The Offer for Sale (OFS) component of the Initial Public Offer (IPO) for Greaves Electric Mobility (GEML), the company’s electric vehicle division, was approved by the board of directors on Wednesday, December 11, causing Greaves Cotton shares to drop 2.2% to their day’s low of Rs 248.20 on the BSE. Although the OFS approval has…
Tuesday, December 10, saw the ITI share price surge nearly 10% to reach a new all-time high of ₹404 on the NSE, continuing to see strong buying demand for the third straight session. The ITI share price began at ₹385, up 9.8% from its previous close of ₹368.10, and reached a record high of ₹404….
CLSA, a global brokerage firm, is the most recent analyst to express optimism about Swiggy, the massive food delivery company. With a target price of ₹708, the company has initiated an “outperform” rating on Swiggy’s shares, indicating a potential upside of around 32%. The food delivery to fast commerce shares increased by 5.6% to reach…