On Wednesday, ITC Ltd, which is demerging its hotel sector starting in January 2025, announced that it has purchased shares in competing hospitality brands Oberoi and Leela from Russell Credit Ltd, its wholly-owned subsidiary. “The company today acquired 2.44 per cent of the share capital (comprising 1.52 crore equity shares of ₹2 each) of EIH and […]
The share price of Yash Highvoltage was listed on the BSE SME at ₹277.40, a fantastic 90% premium. The subscription status and premium on the grey market had suggested that the shares would be listed strongly. After launching with an impressive 90% premium at ₹277.40, the price of Yash Highvoltage’s shares increased to Rs291.25, which
The market regulator approved a number of measures on Wednesday to protect investors and make doing business easier, including stricter regulations for listing small and medium-sized businesses (SMEs), stricter checks on insider transactions, stricter standards for merchant bankers, and simpler regulations for investment trusts. The most significant initiatives are related to SMEs, where new regulations
SEBI Board Meeting Outcome; Tough rules on SME IPOs, insider trades: Know More Here Read More »
On Wednesday, December 18, state-owned NMDC Ltd.’s stock fell 7% as a result of media reports that the Karnataka government is thinking of raising the tax on iron ore mining. The stock continued to drop for the sixth consecutive session since December 11 when it hit its intra-day low of ₹211.35. During this time, it
After the U.S. Federal Reserve indicated a slower pace of rate cuts in the upcoming year, risk aversion took over, causing emerging Asian equities to plummet to multi-month lows and currencies to slump versus a strong dollar on Thursday. The MSCI emerging markets currency index plummeted 0.5% to its lowest level over four months, while
Asian currencies, stocks tumble on Fed’s hawkish rate outlook: Know More Here Read More »
Signet Industries Ltd is an Indian company engaged in the manufacturing and marketing of plastic products, including flexible packaging, PVC films, and various other products for different industries. The company is known for its strong presence in the packaging sector, providing solutions to a wide range of customers, from food and beverage to pharmaceuticals. Signet
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Tarc Ltd is an Indian real estate development company known for its residential and commercial projects. The company focuses on creating quality developments, with a strong emphasis on sustainability and innovation. Tarc Ltd aims to provide affordable yet high-quality living spaces to meet the growing demand in the Indian real estate market. Tarc Share Price
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Renew Energy Global PLC is a leading renewable energy company focusing on clean power solutions, including wind, solar, and hydro projects. Headquartered in the UK, the company plays a significant role in advancing sustainable energy adoption globally. With a strong portfolio of renewable energy assets, it aims to reduce carbon footprints while supporting green energy
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Sanghi Industries Ltd is a prominent cement manufacturer in India, known for its high-quality products and strong presence in the western region. The company operates one of the world’s largest single-stream cement plants, located in Gujarat, and focuses on producing sustainable and innovative cement solutions. Sanghi Industries Share Price on NSE as of 19 December
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One Mobikwik Systems Ltd is a leading digital payment company in India, offering a mobile wallet and Buy Now, Pay Later (BNPL) solutions. Established in 2009, Mobikwik provides a seamless platform for recharges, bill payments, online shopping, and money transfers. Its BNPL service enables users to access instant credit for purchases, making it a popular
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