RITES shares rally 4% as company bags Rs 298 order from Ministry of External Affairs

RITES shares rally 4% as company bags Rs 298 order from Ministry of External Affairs

After RITES stated that it had secured Rs 297.67 crore in project implementation services for the construction of an Integrated Check Post (ICP) from the Ministry of External Affairs, the company’s shares rose 4.2% to reach their day’s high of Rs 309. “Under Regulation 30 read with para B of part A of Schedule Ill…

Sky Gold shares hit 5% upper circuit as they trade ex-date for 9:1 bonus shares

Sky Gold shares hit 5% upper circuit as they trade ex-date for 9:1 bonus shares

As the stock traded ex-bonus today, the price of Sky Gold’s shares reached a 5% upper circuit on Monday. The adjusted price of Sky Gold shares following the bonus share issue surged to a high of ₹465.70 per share on the BSE. Today was the ex-date for Sky Gold’s 9:1 bonus share issue. For the…

Corn heads for 4th straight weekly gain on falling US stockpiles: Know More Here

Corn heads for 4th straight weekly gain on falling US stockpiles: Know More Here

Chicago corn futures were on course for a fourth consecutive weekly increase, supported by hopes that U.S. supply will tighten. Still, they dipped slightly on Friday following poor U.S. export statistics. A strengthening U.S. currency made U.S. products more expensive for foreign purchasers, contributing to wheat and soybeans’ decline. Fundamentals Although it was up 0.8%…

PropShare Platina REIT surpasses Elcid as the most costly stock at ₹10.45 lakh: Know More Here

PropShare Platina REIT surpasses Elcid as the most costly stock at ₹10.45 lakh: Know More Here

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…

Ashok Leyland shares in focus after securing order worth Rs 346 crore from Tamil Nadu State Transport Corporation

Ashok Leyland shares in focus after securing order worth Rs 346 crore from Tamil Nadu State Transport Corporation

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…

RVNL shares decline 2% despite securing Rs 111 crore project from Southern Railway

RVNL shares decline 2% despite securing Rs 111 crore project from Southern Railway

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…

JK Tyre shares fall by 3% as co gets loan of EUR 30 million for expansion of production capacities

JK Tyre shares fall by 3% as co gets loan of EUR 30 million for expansion of production capacities

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…

Shakti Pumps shares zoom 5% on bagging Rs 754 crore order from Maharashtra government

Shakti Pumps shares zoom 5% on bagging Rs 754 crore order from Maharashtra government

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…

Shriram Finance shares in focus as co sells stake in housing finance biz to Warburg Pincus for Rs 3,929 crore

Shriram Finance shares in focus as co sells stake in housing finance biz to Warburg Pincus for Rs 3,929 crore

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…

Godawari Power shares zoom 5% on signing a 7-year contract with GAIL

Godawari Power shares zoom 5% on signing a 7-year contract with GAIL

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…