Chalet Hotels Limited raised ₹1,000 crore through a Qualified Institutional Placement (QIP). The issue opened on March 27, 2024 and closed on April 2, 2024. The company informed in an exchange filing that the Qualified Institutions Placement Committee at its meeting held today, i.e., April 3, 2024, has approved allotment of 1,26,26,263 Equity Shares to …
Fixed deposits are less preferred securities these days, especially by young investors. There are different investment avenues such as stocks, bonds, mutual funds, and commodities like gold and silver. However, elderly investors still prefer FDs for their investments, considering the safety of their capital. They believe that equities are risky, while FDs are safer investment …
Antony Waste Handling Cell Limited, one of the leading players in Indian municipal waste management, is positioned for future growth due to several factors. The company’s strong market presence, diversified service portfolio, and focus on profitable projects like waste-to-energy are key drivers. The company benefits from government initiatives promoting waste management and rising urbanization that …
In January 2024, Polycab Industries faced a significant setback when the Income Tax Department alleged tax evasion amounting to Rs 200 crore, causing its stock price to plummet by 27.4%. However, despite this initial blow, the company has demonstrated resilience and strategic prowess in navigating through the crisis, as evidenced by its recent financial performance …
On Tuesday, the Sensex and Nifty closed with little change, while midcap and smallcap indexes continued to perform well. The Sensex slightly declined by 0.15% to close at 73,903.91, and the Nifty also decreased by 0.04% to end at 22,453.30. Nifty Media, Nifty Metal, Nifty Auto, and Nifty Realty were the top gainers, while Nifty …
New product launches Fevikwik, a leading brand of instant adhesive solutions, from the house of Pidilite Industries, has launched innovative new products, Fevikwik Precision Pro, Fevikwik Gel, Fevikwik Advanced and Fevikwik Craft. The launch of new products aims to revolutionise the repair experience for consumers across diverse use cases. The new range of products have …
FSN E-Commerce Ventures and NLC India are identified as upside potential stocks based on technical analysis. Both stocks have displayed promising structures and technical setups, including price volume contraction and the potential to bounce back and break out. Currently trading at Rs 161.35 and Rs 228.10 respectively, their price aligns with positive signals from technical …
On April 2, 2024, JK Cement stated in an exchange filing that the company’s board has approved increasing the borrowing limit of the firm from ₹7,500 crore to ₹12,000 crore. Along with the increase in the borrowing limit, the board of directors of JK Cement Limited have unanimously also considered and approved four other resolutions. …
On Friday, the Market recovers from opening lows to end near the day’s high. The Sensex, a key benchmark, rose by 0.26% and closed at a level of 72,831.94. Similarly, the Nifty, another important index, gained by 0.39% and closed at 22,096.75. In terms of sectors, Nifty Auto, Nifty Realty, and Nifty Media performed well, …
Despite the current modest losses in the Indian markets, certain sectors are causing quite the stir on D-Street today. Nifty Realty, Nifty Media, and Nifty Metal are among the standout performers, each logging gains of more than 1%. Amidst the green tide in the metal sector, one particular small-cap stock is turning heads, and it’s …
