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Royal Orchid Hotels’ New Venture: Partnership with MASA Hotels for Mumbai 5-Star Hotel

Royal Orchid Hotels’ New Venture: Partnership with MASA Hotels for Mumbai 5-Star Hotel

4 April 2024

On April 4, 2024, Royal Orchids Hotels Limited informed the stock exchanges that the company had signed agreements with MASA Hotels Pvt. Ltd for their upcoming 300-room 5-star hotel in Mumbai, Maharashtra. Royal Orchid Hotels Limited signed a lease/revenue-sharing agreement with MASA Hotels Pvt. Ltd. Last week, Royal Orchids Hotels announced the opening of an …

Synergy Green Industries: Solar Project Commissioning and Land Acquisition Update

Synergy Green Industries: Solar Project Commissioning and Land Acquisition Update

4 April 2024

On April 4, 2024, Synergy Green Industries disclosed two important material developments of the company in an exchange filing. These two developments are related to the implementation of the solar project at Malegaon, Nasik and the acquisition of land for expansion. Synergy Green Industries Limited informed the stock exchanges that the company has successfully commissioned …

Gufic Biosciences Establishes Wholly Owned Subsidiary in Dubai

Gufic Biosciences Establishes Wholly Owned Subsidiary in Dubai

4 April 2024

On April 3, 2024, Gufic Biosciences Limited informed the stock exchanges that the company had incorporated a wholly owned subsidiary company in Dubai, UAE, namely “Veira Life FZE”. As per the exchange filing, the new wholly-owned subsidiary was incorporated on March 25, 2024, which was intimated to the company by Jebel Ali Free Zone (JAFZA) …

LoA Worth ₹1,026 Crore Received by HG Infra’s JV

LoA Worth ₹1,026 Crore Received by HG Infra’s JV

19 March 2024

On March 19, 2024, HG Infra Engineering Ltd (HG Infra), a prominent player in the Indian infrastructure sector, witnessed a surge in its stock price. The share of HG Infra opened at ₹941.95 as compared to the previous close of ₹893.45. This upswing comes on the heels of a promising development: the company, in a …

Capital Small Finance Bank: Solid Growth and Strong Fundamentals in Q4 FY24

Capital Small Finance Bank: Solid Growth and Strong Fundamentals in Q4 FY24

4 April 2024

Capital Small Finance Bank (CSFB) has closed the fiscal year with positive signs, showcasing robust growth and a commitment to maintaining strong financial health. In their recently released business highlights for the quarter and year ended March 31, 2024, CSFB revealed promising figures across key financial metrics. Loan Portfolio Expansion A crucial indicator of a …

Overnight Digest: Top 5 Mid and Small-Cap Stocks to Watch Out for April 5

Overnight Digest: Top 5 Mid and Small-Cap Stocks to Watch Out for April 5

4 April 2024

On Thursday, the primary stock market indices concluded the trading session with gains. The Sensex, a crucial index, rose moderately by 0.47% to close at 74,227.64 points, while the Nifty, another significant index, also increased by 0.36% to end at 22,514.65 points. The total market capitalization of companies listed on the Bombay Stock Exchange (BSE) …

Top 3 stocks trading below Rs 100

Top 3 stocks trading below Rs 100

4 April 2024

These three equities’ volume gained significantly during Thursday’s trading sessions, indicating potential bullish action. Here’s an in-depth look. Ujjivan Small Finance Bank Ltd Today, Ujjivan Small Finance Bank’s stock traded at Rs 54.45, with a significant volume spike of 41040073 shares. The price rose by 6.56% from the previous close of Rs 51.1. This surge …

IEX Crossed 100BU in The Electricity Market For The First Time Since Inception

IEX Crossed 100BU in The Electricity Market For The First Time Since Inception

4 April 2024

On April 04, 2024, Indian Energy Exchange Ltd, the premier electricity exchange in India, stated in an exchange filing that the company had achieved 110 BU in the financial year ended on March 31, 2024, registering a growth of 13.8% on a YoY basis. The company further added that the Government took numerous measures, which …

Trucap Finance Limited Crosses ₹1,000 Crore AUM Milestone

Trucap Finance Limited Crosses ₹1,000 Crore AUM Milestone

4 April 2024

On April 4, 2024, Non-Banking Financial Company (NBFC) Trucap Finance Limited informed the stock exchanges that the company had crossed a milestone of over ₹1,000 crores of Asset Under Management (AUM) in Q4 FY2024. The financial service provider stated that this achievement has been driven by various factors, including its expanding network of 122 branches, …

Top 5 Significant Demergers in FY24

Top 5 Significant Demergers in FY24

4 April 2024

In the fiscal year 2024, India witnessed a surge in corporate demergers as companies sought to unlock value and streamline operations. Prominent entities such as Tata Motors, Reliance Industries, Allcargo Logistics, Vedanta, and ITC made strategic moves to split their businesses into separate entities, focusing on specific sectors or verticals. These demergers represent a departure …

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