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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 …

Bharti Airtel Expands Network to Leh and Ladakh

Bharti Airtel Expands Network to Leh and Ladakh

24 April 2024

On April 24, 2024, Bharti Airtel Limited informed the stock exchanges about the expansion of its network across the picturesque regions of Leh and Ladakh. This development comes just in time for the upcoming travel season, encouraging travellers to enjoy unlimited 5G service across the region. Airtel’s network footprint now contains more than 40 zones …

Organic Recycling System Limited (ORS) Bolsters Business Operation: Signed MoU With HGF

Organic Recycling System Limited (ORS) Bolsters Business Operation: Signed MoU With HGF

24 April 2024

On April 24, 2024, Organic Recycling System Limited (ORS), a pioneering engineering firm specialising in waste valorisation and management, offering solutions to convert waste into green energy and renewable resources, entered into a Memorandum of Understanding (MoU) with High-Grade Farms, Inc. (HGF), a pioneering company and a leading-edge technology solutions company based in Canada, offering …

Cyient DLM Reports 92.9% Growth in FY 2024 PAT, Share Price Up by 5.61%

Cyient DLM Reports 92.9% Growth in FY 2024 PAT, Share Price Up by 5.61%

24 April 2024

On April 23, 2024, Cyient DLM released its financial results for the quarter ending March 31, 2024. The company has shown robust growth, with an increase of 92.9% in Profit After Tax (PAT). Cyient DLM reported a revenue of ₹362 crore in Q4 FY 2024, with QoQ growth of 12.7% and YoY growth of 30.5%. …

Top 3 stocks trading below Rs 100

Top 3 stocks trading below Rs 100

24 April 2024

These three equities gained significantly with price and volume activity during Wednesday’s trading sessions, indicating potential bullish action. Here’s an in-depth look. NMDC Ltd NMDC Ltd is currently showcasing strong market activity, trading at Rs 247.75 after reaching a high of Rs 249.15 during the day. The volume of shares traded today stands at 32,168,850, …

Tata Elxsi Released FY2024 Earnings: Recorded Growth of 13% in Revenue

Tata Elxsi Released FY2024 Earnings: Recorded Growth of 13% in Revenue

24 April 2024

One of the world’s leading providers of design-led technology services, Tata Elxsi Limited, recently released its operational and financial results for the quarter (Q4 FY2024) and year (FY2024) ended March 31, 2024. Quarterly Performance The company recorded revenue from operations amounting to ₹905.9 crore, reflecting a growth of over 8.1% on a year-over-year (YoY) basis. …

Shish Industries Limited Enters Five-Year Trade Agreement with BCP

Shish Industries Limited Enters Five-Year Trade Agreement with BCP

24 April 2024

On April 22, 2024, Shish Industries Limited (SIL) informed in an exchange filing that the company had signed a trade agreement with Best Construction Products Inc. (BCP), a USA-based entity, for a period of five years, for a minimum export of USD 37.5 million (approximately ₹312 crores present value). Details of the Collaboration Shish Industries …

Market Movers: Here are today’s high-volume buzzers!

Market Movers: Here are today’s high-volume buzzers!

24 April 2024

The domestic indices showed robust upward momentum, with metals, real estate, and healthcare sectors leading the gains. Broad market sentiment also reflected strong investor optimism. However, telecommunications stocks experienced a significant correction today following a strong rally in the previous trading session. At 10:05 am, the BSE Sensex surged 0.36% reaching a level of 73,994. …

AU Small Finance Bank Launches Credit Cards and ATM Insurance

AU Small Finance Bank Launches Credit Cards and ATM Insurance

24 April 2024

On April 23, 2024, AU Small Finance Bank (AU SFB) launched various products, which include Rupay credit card and ATM insurance. The small finance bank released 2 innovative credit cards, a Secured Credit Card – NOMO (No Missing Out) and an AU SPONT Rupay Credit Card, developed in collaboration with VISA and National Payments Corporation …

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