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Vikas Ecotech completes 100% acquisition of Vikas Organics

Vikas Ecotech completes 100% acquisition of Vikas Organics

23 February 2024

About Acquisition Vikas Ecotech Limited has successfully acquired a 100% stake in Vikas Organics Pvt Ltd, a manufacturer of polymeric plasticizers, for Rs 270 million completing the payment of the total sale consideration of Rs 320 million marking a significant expansion in their product portfolio and market reach. This strategic move strengthens its position as …

SML ISUZU Small-cap auto stock hits back-to-back 52-week high

SML ISUZU Small-cap auto stock hits back-to-back 52-week high

23 February 2024

During Friday’s deals, the shares of SML ISUZU Limited touched a 20% upper circuit of Rs 2,098 apiece on BSE. Furthermore, the scrip witnessed a massive spurt in volume by more than 5.17 times. The company’s current market capitalisation is Rs 3,036.15 crore. In recent days, the stock of SML ISUZU Ltd has been on …

Intellect Design Arena jumps over 5% on launching ‘First Principles’ Technology suite

Intellect Design Arena jumps over 5% on launching ‘First Principles’ Technology suite

23 February 2024

On Friday, Intellect Design Arena shares surged 6.96% to trade at Rs 956.00, from its previous closing of Rs 893.80 on the BSE. Launch of ‘First Principles’ Technology suite Intellect Design Arena has launched its ‘First Principles’ Technology suite, eMACH.ai, for Technology-suave Bankers in the Middle East and Africa. This suite of First Principles Technology …

JSW Infrastructure stock jumped over 7% in a day post rating reaffirmation

JSW Infrastructure stock jumped over 7% in a day post rating reaffirmation

23 February 2024

JSW Infrastructure Ltd (JSWIL) recently received a reaffirmation of its credit ratings at AA+ by CARE Ratings Limited, reflecting a positive outlook for the company’s future prospects. This article provides an in-depth analysis of the key factors influencing this decision and their implications for JSWIL. After receiving the rating upgrade, the stock traded at a …

Jio Financials Services market cap surpasses Rs 2 lakh crore

Jio Financials Services market cap surpasses Rs 2 lakh crore

23 February 2024

Jio Financial Services, a premium NBFC under the leadership of Mukesh Ambani’s Reliance Industries, has achieved a new milestone today. The company’s market capitalisation has surged to a record high, crossing Rs 2 lakh crore for the first time since its listing on the Indian stock market. Share Performance At the beginning of the day, …

Fundamental Analysis of Suzlon Energy Limited

Fundamental Analysis of Suzlon Energy Limited

19 February 2024

About Suzlon Energy Limited Founded in 1995, Suzlon Energy Limited is one of the leading global renewable energy solution providers, which is involved in the manufacturing of wind turbine generators and related components. Over the past two decades, Suzlon has installed over ~20.5 GW of wind energy in 17 countries across six continents. Currently, Suzlon …

Top Port Stocks in India: Keep on Your Watchlist as Cargo Traffic Surges by 3.3%

Top Port Stocks in India: Keep on Your Watchlist as Cargo Traffic Surges by 3.3%

23 February 2024

In January 2024, Indian ports experienced a notable uptick in cargo traffic, marking a 3.3% increase compared to the previous year. This surge, as reported by the Indian Ports Association, highlights significant developments within the maritime sector, with implications for major players and investors alike. Port Traffic Growth According to data released by the Ministry …

Breakout stocks of the day: Graphite India and Pitti Engineering

Breakout stocks of the day: Graphite India and Pitti Engineering

22 February 2024

Graphite India and Pitti Engineering are identified as potential bullish stocks based on technical analysis. Both stocks have displayed promising technical patterns, including price volume support and a potential to breakout. Currently trading at Rs 595.30 and Rs 727.60, respectively, their price structures align with positive signals from technical indicators like RSI and ADX, suggesting …

Analysing the institutional sponsorship and future outlook of Ramkrishna Forgings Limited

Analysing the institutional sponsorship and future outlook of Ramkrishna Forgings Limited

22 February 2024

Recently Ramkrishna Forgings announced a significant milestone as it penetrates further into the North American market by successfully securing a contract worth USD 220 Million (Rs 1,826 crore). This contract spans over a decade and marks the Company’s foray into a new vertical within the forging sector, focusing on supplying Tier 1 customers in the …

These 3 stocks from BSE 500 jumped over 5% today; do you own any?

These 3 stocks from BSE 500 jumped over 5% today; do you own any?

22 February 2024

The benchmark index S&P BSE 500 opened today at 31,895.99 and made its day high at 31,905.36, and it is trading in red today, with a decline of 63.79 points or 0.20%. From the same space, these are the top 3 companies that outperformed the benchmark index and were up by more than 5% today. …

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