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MapmyIndia Unveils AI-Powered Data Analytics Firm

25 June 2024

MapmyIndia is an Indian technology company that builds digital map data, telematics services, location-based SaaS, and GIS AI technologies. Founded in 1995, the company is headquartered in New Delhi with offices across India and in the San Francisco Bay Area and Tokyo. In 2004, the company launched the first Indian interactive digital mapping portal that …

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Muthoot Microfin Secures IRDAI License for Customised Insurance Solutions

25 June 2024

On June 25, 2024, Muthoot Microfin informed the stock exchanges that the company had secured a corporate agent licence from the Insurance Regulatory and Development Authority of India (IRDAI). This licence would allow the company to provide customised insurance plans to their customer base. The licensing agreement strengthens Muthoot Microfin’s dedication to financial inclusion by …

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Overnight Digest: Top 5 mid and small-cap stocks to watch out for June 26

25 June 2024

On Tuesday, benchmark indices closed on a positive note as Sensex gained 0.92%, reaching a record high of 78,164.71, while Nifty surged 0.78%, achieving an all-time high of 23,754.15. In the sectoral landscape, Nifty Financial Services, Nifty Bank, and Nifty IT were the top gainers, while Nifty Realty, Nifty Metal, and Nifty Energy were the …

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Hilton Metal Forging Ltd Gears Up for Domestic Railway Market with New Wagon Axles

24 June 2024

Company launches new product and seeks funding for expansion Hilton Metal Forging Ltd, a manufacturer of forged products for the railways, oil and gas, and wind energy sectors, has announced the launch of a new product line: wagon axles for railway wagons. This move comes amid rising demand for domestic manufacturing under the “Make in …

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eClerx Company Announces Share Buyback Plan

24 June 2024

eClerx, the prominent provider of business process management solutions, has recently unveiled plans for a buyback of its equity shares. The company aims to repurchase up to 1,375,000 fully paid-up equity shares, each having a face value of Rs 10 (Rupees Ten only), amounting to a total expenditure not exceeding Rs 385 crores. This buyback …

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Marico Expands its Breakfast Portfolio with Saffola Muesli

24 June 2024

On June 24, 2024, Marico, a prominent FMCG company in India, unveiled Saffola Muesli with Flavour Pops, seeking to capitalise on its established reputation in the adult breakfast market. Over the years, Saffola has become a top player in breakfast foods in India. It’s known for being the country’s leading brand in oats and has …

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TBO Tek: Travel Company’s Stocks grew by 8%

24 June 2024

TBO Tek Limited provides travel technology solutions. Serving India, customers it aims to develop and design travel applications that allow users to search and book tickets for booking, online reservation, car rentals, insurance, cruises, trains, and hotel rooms. Founded in 2006, TBO’s initial focus was on aggregating airline supply in India, and over time the …

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Route Mobile Partners with Billeasy for WhatsApp Metro Ticket Booking in Four Indian Cities

24 June 2024

On June 24, 2024, Route Mobile Limited partnered with Billeasy E Solutions Private Limited to provide WhatsApp-based ticket booking for the metro systems in Pune, Hyderabad, Nagpur, and Delhi. More than 7.5 million commuters use these metros daily. To buy tickets, passengers simply visit the official WhatsApp account of the respective metro, choose their stations, …

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RPP Infra Soars 20% After Securing Rs. 152 Crore Construction Project in UP

24 June 2024

RPP Infra Projects is a construction company primarily involved in infrastructure development, including highways, roads, and bridges. The company has recently backed a contract added to its order book, now totaling Rs. 3,300 crores. New Project Details RPP Infra Projects has announced securing a letter of acceptance (LoA) for constructing a new district jail in …

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Top 5 Stocks with Improved Dividend Yields

24 June 2024

Company Name Sector Mcap (Rs crore) latest Div Yield % 3yr Avg Div Yield % Growth Times Addi Inds Textiles 56.14 2.41 0.01 240.00 Prima Agro Animal Feed 13.45 18.46 0.09 204.11 Cyber Media (I) Printing 37.24 1.58 0.01 157.00 Vibrant Global Asset Management 188.00 1.51 0.01 150.00 Xchanging Solutions Software Services 1,341.00 24.92 0.23 …

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