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Beat the Summer Heat with Soaring Ice Cream Stock: Vadilal Industries Breakout

Beat the Summer Heat with Soaring Ice Cream Stock: Vadilal Industries Breakout

2 May 2024

Summer’s Sweltering Forecast As the days grow longer and temperatures rise, one thing becomes clear—summer is in full swing in India. The Indian Meteorological Department (IMD) predicts a hotter-than-usual season from April to June, with heat waves expected to hit the southern peninsula, central India, eastern India, and the northwestern plains. But amidst this sweltering …

Happiest Minds to Acquire PureSoftware for US$94.5 Million

Happiest Minds to Acquire PureSoftware for US$94.5 Million

25 April 2024

On April 25, 2024, Happiest Minds Technologies Limited informed the stock exchanges that the company signed definitive agreements to acquire 100% of the equity share capital of PureSoftware Technologies Private Limited. Details of the Acquisition A Mindful IT company, Happiest Minds Technologies, has signed definitive agreements to acquire PureSoftware Technologies Private Limited for a total …

Gland Pharma Receives USFDA Approval for Cetrorelix Acetate for Injection

Gland Pharma Receives USFDA Approval for Cetrorelix Acetate for Injection

29 April 2024

On April 29, 2024, Gland Pharma Limited informed the stock exchanges that the company had received approval from the United States Food and Drug Administration (USFDA) for Cetrorelix Acetate for Injection, 0.25 mg/vial, Single-Dose Vial. The Cetrorelix Acetate for Injection, 0.25 mg/vial, Single-Dose Vial is bioequivalent and therapeutically equivalent to the reference listed drug (RLD), …

Greaves Cotton’s E-Mobility Arm Unveils Ampere Nexus, Innovative Electric Scooter

Greaves Cotton’s E-Mobility Arm Unveils Ampere Nexus, Innovative Electric Scooter

30 April 2024

On April 30, 2024, Greaves Cotton Limited announced in an exchange filing that the company’s e-mobility arm, Greaves Electric Mobility Private Limited (GEMPL) introduces its first high-performance family electric scooter, the Ampere Nexus, starting at ₹1,09,900 (ex-showroom). Ampere Nexus is entirely designed, developed, and manufactured in India. It features multiple first-ever innovations and class-leading specifications. …

Top 3 stocks trading below Rs 100

Top 3 stocks trading below Rs 100

30 April 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. NHPC Ltd NHPC Ltd showed robust trading today with a significant volume of 110,494,005 shares, marking a price volume breakout and volume spike. The stock reached a high of Rs 96.7 before settling …

Overnight Digest: Top 5 mid and small-cap stocks to watch out for May 2

Overnight Digest: Top 5 mid and small-cap stocks to watch out for May 2

30 April 2024

On Tuesday, the market witnessed a significant downturn in the final hour of trading, retracting from its record highs. The Sensex, a key index, decreased by 0.25% and closed at 74,482.78 points, while the Nifty, another important index, saw a slight decline of 0.17% to close at 22,604.85 points. In terms of sectors, the automobile, …

Remsons Industries and Daiichi Infotainment Systems Establish a Joint Venture Company

Remsons Industries and Daiichi Infotainment Systems Establish a Joint Venture Company

30 April 2024

On April 29, 2024, Remsons Industries Limited informed in a stock exchange filing that the company and Daiichi Infotainment Systems Private Limited had incorporated a Joint Venture Company, Daiichi Remsons Electronics Private Limited. Details of the Joint Venture Company Remsons Industries Limited announced that Daiichi Remsons Electronics Private Limited (DREPL) was incorporated on April 28, …

Apollo Pipes Limited (APL) Achieves 62nd Percentile in ESG Rankings

Apollo Pipes Limited (APL) Achieves 62nd Percentile in ESG Rankings

30 April 2024

On April 30, 2024, Apollo Pipes Limited (APL) informed the stock exchanges that the company stands at the 62nd percentile in the Building Products industry on ESG rankings in S&P Global Corporate Sustainability Assessment in its first participation. The assessment results came in the last week of March 2024, where the company scored 28. The …

Shakti Pumps Invests ₹5.08 Crore in Subsidiary Shakti EV Mobility

Shakti Pumps Invests ₹5.08 Crore in Subsidiary Shakti EV Mobility

24 April 2024

On April 23, 2024, Shakti Pumps (India) Limited informed in an exchange filing that the company had invested ₹5,08,00,000 (Rupees Five Crores and Eight Lacs Only) in its wholly owned subsidiary, Shakti EV Mobility Private Limited. Details of the Investment Shakti Pumps (India) Limited, a manufacturer of pumps and motors, has invested ₹5.08 crore in …

Technical Picks to Keep an Eye On: Equitas Small Finance Bank and Apollo Tyres

Technical Picks to Keep an Eye On: Equitas Small Finance Bank and Apollo Tyres

24 April 2024

Equitas Small Finance Bank and Apollo Tyres are identified as upside potential stocks based on technical analysis. Both stocks have displayed promising structures and technical setups, including price volume contraction, potential to bounce back and breakout. Currently trading at Rs 99.75 and Rs 488.30 respectively, their price aligns with positive signals from technical indicators like …

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