On Tuesday, Adani Ports & Special Economic Zone Ltd announced that they have entered into definitive agreements to acquire a 95% stake in Gopalpur Ports Ltd. Details of the Agreement On March 26, 2024, Adani Ports & Special Economic Zone (APSEZ) Ltd, an Indian multinational port operator, informed in an exchange filing that the company …
On March 22, 2024, the Nifty 50 increased by 0.39% to 22,096, and Sensex went up by 0.26% to 72,831. Experts say the market is trading above its 50-day SMA, showing a positive trend. Foreign investors sold off around ₹3,309 crores, while domestic investors bought shares worth ₹3,764 crores, indicating a positive momentum in the …
On March 21, IDFC First Bank announced that V. Vaidyanathan, the Managing Director & CEO, has generously gifted 7,00,000 equity shares of IDFC First Bank Limited, held by him, to individuals not related to him. The beneficiaries of the 7,00,000 gifted equity shares, along with the purpose and share allocation, are as follows: Sameer Mhatre, …
India Makes Inroads into Venezuelan Mining Industry In a significant development, India’s Jindal Steel & Power Ltd. (JSPL) has taken over operations at Venezuela’s largest iron ore complex, CVG Ferrominera Orinoco. This marks a historic moment, representing the first instance of a private company managing a major heavy industry asset in Venezuela over the past …
These three equities’ volume gained significantly during Friday’s trading sessions, indicating potential bullish action. Here’s an in-depth look. Allcargo Terminals Ltd The stock of Allcargo Terminals saw a significant increase in price and volume, indicating heightened trading activity. This bounce back indicates stock price may start to rise again with higher volume on up days, …
What comes to your mind when you hear the brand name Vadilal? Ice cream, right? Summer has started, and today the shares of Vadilal began shining, showcasing a significant rally of around 17.50% in the market. Vadilal Industries is engaged in the business of manufacturing ice cream, frozen desserts, juice, and candy, as well as …
Himadri Speciality Chemical Makes Strategic Investment in Invati Creations Himadri Speciality Chemical Ltd (Himadri), a leading global speciality chemical company, has announced a strategic investment in Invati Creations Private Limited (Invati). The deal involves Himadri acquiring a 40% stake in Invati for a total consideration of Rs. 45.16 crore The investment will be structured as …
Carborundum Universal Ltd., with its inception in 1954 and based in Chennai, India, is a shining example in the manufacturing realm, focusing on abrasives, ceramics, and electro minerals. The company’s broad segmentation includes Abrasives, Ceramics, Electrominerals, Power, and IT Services, positioning it as a versatile entity in its industry. This diversity allows it to offer …
On March 22, 2024, the shares of Neuland Laboratories were trading with gains of more than 5% after the company announced in an exchange filing that their Hyderabad unit gets clearance from the United States Food and Drug Administration (USFDA). Details of the US FDA Clearance On Friday, the drug manufacturing company Neuland Laboratories Limited …
On March 22, 2024, the shares of Sarda Energy and Minerals were trading with gains of more than 13%, which marked the company’s biggest single-day gain since June 2021. On Friday, the flagship company of Sarda Group, Sarda Energy & Minerals Limited (SEML), announced in a stock exchange filing that the company’s Subsidiary Joint Venture …
