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Shares worth Rs.750 Cr of Sansera Engineering change hands in multiple block deals, Stock Jumps 8%

Shares worth Rs.750 Cr of Sansera Engineering change hands in multiple block deals, Stock Jumps 8%

19 June 2024

Sansera Engineering Ltd is an engineering-led manufacturer of complex and critical precision-engineered components across automotive and non – non-automotive sectors. The company manufactures and supplies a wide range of precision forged and machined components for the automotive sector and for the non-automotive sector, it manufactures and supplies a wide range of precision components for aerospace, …

Ami Organics Plans Rs. 500 Crore QIP Initiative

Ami Organics Plans Rs. 500 Crore QIP Initiative

19 June 2024

Specialty chemicals manufacturer Ami Organics has announced a Qualified Institutional Placement (QIP) to raise Rs.500 crore. The company has set a floor price of Rs.1,228 per share for the QIP. Utilization & Objective of the QIP The funds raised through the QIP will primarily support Ami Organics in boosting its financial health and fueling future …

Competition Commission Greenlights Godrej’s Internal Restructuring

Competition Commission Greenlights Godrej’s Internal Restructuring

19 June 2024

Godrej Group is an Indian multinational conglomerate headquartered in Mumbai, Maharashtra, which is managed and largely owned by the Godrej family. It was founded by Ardeshir Godrej and Pirojsha Burjorji Godrej in 1897 and operates in sectors including real estate, consumer products, industrial engineering, appliances, furniture, security, and agricultural products. It’s subsidiaries and affiliated companies …

Overnight Digest: Top 5 mid and small-cap stocks to watch out for June 19

Overnight Digest: Top 5 mid and small-cap stocks to watch out for June 19

18 June 2024

On Tuesday, the market’s record run continued, with major indices ending at life highs. The Sensex, Nifty, and Midcap Index all hit new records. The market cap of BSE-listed companies reached an all-time high of Rs 437 lakh crore. The Sensex gained 0.4%, reaching its all-time high of 77,366.78, while the Nifty rose by 0.39%, …

Larsen & Toubro’s Buildings & Factories Secures Major Construction Orders in India

Larsen & Toubro’s Buildings & Factories Secures Major Construction Orders in India

18 June 2024

Larsen & Toubro’s (L&T) Buildings & Factories (B&F) vertical has further solidified its position as a leading construction player in India by securing significant new orders. These projects showcase the B&F team’s diverse expertise and commitment to delivering high-quality facilities within demanding timelines. Building a World-Class Healthcare Facility One of the key wins involves the …

Top 3 stocks trading below Rs 100

Top 3 stocks trading below Rs 100

18 June 2024

During Tuesday’s trading sessions, these three equities gained significantly with price and volume activity, indicating potential bullish action. Here’s an in-depth look. Motherson Sumi Wiring India Ltd Motherson Sumi Wiring India Ltd closed at Rs 78.85, up 6.68% from the previous close of Rs 73.91. The stock is currently trading close to its 52-week high …

Investing in India’s EV Revolution – NSE India’s EV and New Age Automotive Index’s Stocks to Watch

Investing in India’s EV Revolution – NSE India’s EV and New Age Automotive Index’s Stocks to Watch

18 June 2024

The electric vehicle (EV) sector in India has witnessed remarkable growth over the past few years, driven by advancements in technology, government policies, and increasing consumer interest in sustainable transportation solutions. As the sector matures, it presents a compelling opportunity for investors looking to capitalise on this megatrend. Here we spread some light on the …

M&M Becomes India’s Second Most Valuable Auto Company

M&M Becomes India’s Second Most Valuable Auto Company

18 June 2024

Mahindra & Mahindra (M&M) reached a significant milestone on June 18, 2024, as its shares touched the Rs 3,000 mark for the first time. This achievement is a testament to the company’s robust performance and investor confidence. Just a few days earlier, on June 14, 2024, M&M surpassed Tata Motors in market capitalisation, reaching Rs …

Coforge Wins Pega Intelligent Automation Award for Streamlining Insurance Client’s Operations

Coforge Wins Pega Intelligent Automation Award for Streamlining Insurance Client’s Operations

18 June 2024

Coforge Limited, a leading global digital services and solutions provider, has been recognised for its exceptional work in intelligent automation by Pegasystems, the industry leader in enterprise AI decisions and workflow automation platforms. Coforge received the prestigious Intelligent Automation award at the PegaWorld iNspire Partner Excellence Awards ceremony held today in Las Vegas. Transforming Insurance …

Veranda Learning Solutions’ Subsidiary Partners with Sri Krishna College in Coimbatore

Veranda Learning Solutions’ Subsidiary Partners with Sri Krishna College in Coimbatore

18 June 2024

On June 18, 2024, Veranda Learning Solutions Limited informed in a stock exchange filing that its subsidiary, Veranda XL Learning Solutions, had signed a Memorandum of Understanding (MoU) with Sri Krishna Arts and Science College in Coimbatore. This collaboration aims to offer a B.Com course enhanced with ACCA (Association of Chartered Certified Accountants) accreditation. Veranda …

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