On February 24, 2025, Akzo Nobel India Ltd announced through an exchange filing that it had received a binding offer from Akzo Nobel N.V. for the sale of its powder coatings business and R&D Centre. Transaction Value In a strategic move, Akzo Nobel will transfer the powder coatings business and the international R&D Centre on …
Shangar Decor Ltd.’s share price, trading below ₹10, hit an upper circuit on the Bombay Stock Exchange (BSE) at 9:46 AM on February 25, 2025. Investor interest surged following the company’s announcement of a 1:5 stock split. An upper circuit is a price limit imposed by the exchange to control excessive volatility. When a stock …
On February 24, 2025, EaseMyTrip.com, one of India’s leading online travel tech platforms, announced that its wholly owned subsidiaries, YoloBus and Easy Green Mobility have secured a tender for the Madhya Pradesh Government’s only first inter-city electric buses issued by Sagar City Transport Services Limited (SCTSL). Operation of Electric Buses The company in the exchange …
Garden Reach Shipbuilders Ltd., a state-run shipbuilding company, anticipates its order book will surpass ₹40,000 crore by the end of the 2026 financial year, according to Chairman and Managing Director PR Hari. In an exclusive interview with CNBC-TV18, Hari stated that the company’s current order book stands at ₹23,877 crore, which he described as “reasonably …
Jyoti Structures Limited has received an order worth ₹389.36 crore from Adani Energy Solutions Limited. The contract covers the supply of towers, survey, soil investigation, foundation work, erection, stringing, testing, and commissioning of the 765 kV DC transmission line between Boisar II and Pune III. The project is to be completed within 18 months from …
Nazara Technologies Ltd has strengthened its portfolio by acquiring a 60% stake in Funky Monkeys, making it a subsidiary. This strategic move aligns with Nazara’s expansion into the interactive entertainment and gaming sectors. Investment in Funky Monkeys Play Centre Private Limited Nazara Technologies Limited has made a strategic investment in Funky Monkeys Play Centre Private …
Shree Cement Ltd, a Rajasthan-based cement manufacturer, has been served a Goods and Services Tax (GST) demand order from the Deputy Commissioner, State Tax, Special Circle, Patna, Bihar. The order, amounting to ₹41.10 crore, includes tax, interest, and penalties. The company has stated that the demand does not significantly impact its financial position and plans …
On February 25, 2025, BSE Sensex closed 0.20% higher at 74,602.12, while Nifty50 fell 0.03% to 22,547.55. Amidst the market volatility, stocks like Thangamayil Jewellery, E2E Networks and Indo Vijaya Diagnostic Centre hit circuit limits, reflecting significant price movements. Check out the full list of stocks hitting circuits today. Stocks That Hit Upper Circuit on February 25, 2025 Symbol …
Bank of India’s Managing Director and CEO, Rajneesh Karnatak, stated on 21 February that the Central Government could further reduce its stake in public sector banks (PSBs). This move comes as lenders anticipate an increased capital requirement to support economic expansion. His remarks were made during a panel discussion at the IIM Kozhikode-NSE 2nd Annual …
On February 25, 2025, the BSE Sensex was up by 0.20% closing at 74,602.12, while the Nifty50 was down by 0.03% at 22,547.55. Among sectors, the Nifty Metal and Nifty Realty declined by over 1.3% each. Top Gainers of the Day Symbol LTP (₹) Change(%) BHARTIARTL 1,638.45 2.32 M&M 2,767 2.13 BAJFINANCE 8,472 1.40 NESTLEIND …
