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Mukul Agrawal’s portfolio stock acquires brand intellectual property of Little Mistress!

Mukul Agrawal’s portfolio stock acquires brand intellectual property of Little Mistress!

20 September 2023

PDS Limited, a global fashion solutions company, is expanding its portfolio with customized offerings, such as sourcing as a service and brands management. In line with this strategy, PDS’s UK-based vertical Poeticgem has acquired the brand intellectual property (IP) of Little Mistress. Established in 2010, Little Mistress has built a reputation as a go-to destination …

Dynamatic Technologies touches a significant milestone of Rs 4500 per share; do you own it?

Dynamatic Technologies touches a significant milestone of Rs 4500 per share; do you own it?

20 September 2023

Shares of Dynamatic Technologies Limited witnessed a significant surge today. The stock opened trading at Rs 4137.75, remaining flat compared to the previous day’s closing price of Rs 4137.75 per share. Furthermore, the stock achieved a significant milestone today, reaching Rs 4500 per share, marking a 9% increase during the intraday session. In addition to …

Tata Investment Corporation: Compelling Cash Flow and Dividend Payouts  ; here’s why?

Tata Investment Corporation: Compelling Cash Flow and Dividend Payouts ; here’s why?

20 September 2023

Tata Investment Corporation Limited (TICL), a non-banking financial company that primarily invests in long-term investments, such as equity shares and equity-related securities, has reported a positive cash flow from investing activities of Rs 62.72 crore for the financial year 2022-23. This was primarily driven by the purchase of investments worth Rs 3017.12 crore crores in …

ABB to roll out electric powertrain system for ArcelorMittal Nippon Steel’s new steel mill in Hazira

ABB to roll out electric powertrain system for ArcelorMittal Nippon Steel’s new steel mill in Hazira

20 September 2023

It’s a sea of red for the Indian markets with Sensex and Nifty declining more than 1% on Wednesday. The index heavyweights HDFC Bank and Reliance Industries have combinedly contributed more than 100 points in the Nifty falls. All the sectors were seen trading in red. However, there was one stock which was seen buzzing …

Upper Circuit Stocks Today – Stocks Locked in Upper Circuit on 18 September, 2023

Upper Circuit Stocks Today – Stocks Locked in Upper Circuit on 18 September, 2023

18 September 2023

On Monday, both the Sensex and Nifty commenced the day on a negative note, showing declines of 0.22% and 0.13%, respectively. About 1,911 shares have advanced and 1,490 declined furthermore 218 are unchanged on the BSE.   Top gainers and losers on the BSE Sensex Index are as follows: The top Sensex gainers were Mahindra & …

IDFC Shriram Merger: Is it More Than the Sum of Parts?

IDFC Shriram Merger: Is it More Than the Sum of Parts?

17 July 2017

A week after the announcement of the two-way merger of IDFC Bank and Shriram Capital, there is still a lot of speculation on the core purpose behind the merger. The clarification by Mr. Ajay Piramal that “the merger was not an attempt to enter banking through the back door” probably summed up the narrative that …

Stocks Under Rs 50: Companies With More Cash Than Their Market Capitalisation

Stocks Under Rs 50: Companies With More Cash Than Their Market Capitalisation

21 June 2023

The balance sheet is an important financial statement that provides an overview of a company’s assets, liabilities, and shareholders’ equity at a specific point in time. One important component of the balance sheet is cash and cash equivalents, which represents the company’s liquid assets readily available for use. Cash and cash equivalents include cash on …

These 3 stocks from BSE 500 jumped over 4% today, 20 September 2023

These 3 stocks from BSE 500 jumped over 4% today, 20 September 2023

20 September 2023

The benchmark index S&P BSE 500 opened today at 27,766.72 and made its day high at 27,856.47 and it is currently trading in red, down by more than 0.65%.                         From the same space, these are the top 3 companies that outperformed the benchmark index and were up by …

Nestle is transferring Rs 837 Cr. from its general reserves to retained earnings; check details here

Nestle is transferring Rs 837 Cr. from its general reserves to retained earnings; check details here

20 September 2023

Nestle India has disclosed that the order, approved by the Honourable National Company Law Tribunal, New Delhi Bench, sanctioning the Scheme of Arrangement between the company and its shareholders, involving the transfer of the entire balance of Rs 8,374.3 million from the General Reserves to Retained Earnings. Considering the company’s quarterly performance, on a standalone …

Shares of DCM Shriram surge after its subsidiary inks deal with Inventure Metal

Shares of DCM Shriram surge after its subsidiary inks deal with Inventure Metal

20 September 2023

Arm of DCM Shriram Fenesta and Inventure Metal Products Industries LLC, a well-known provider of comprehensive facade-building solutions in the construction sector in the United Arab Emirates (UAE), have formed a strategic technological partnership. The partnership represents a turning point in Fenesta’s quest for superiority in the Facade industry. With 18 years of experience in …

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