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Dark horse stock of the day: Shalibhadra Finance gains 34% in a week

Dark horse stock of the day: Shalibhadra Finance gains 34% in a week

25 July 2023

Shares of Shalibhadra Finance Ltd experienced a sharp rise today, hitting the upper circuit. It began the day at Rs 157, a flat opening compared to the previous day’s closing price of Rs 156.80. The stock surged by 20% during the intraday session with significant volume. Currently, while writing this article the shares of the …

TCPL Packaging Surges 9% in Early Trade: Bullish Breakout Ignites Investor Optimism

TCPL Packaging Surges 9% in Early Trade: Bullish Breakout Ignites Investor Optimism

25 July 2023

The stock that grabbed the spotlight is TCPL Packaging, a company known for manufacturing folding cartons, printed blanks and outers, litho-lamination, plastic cartons, blister packs, and shelf-ready packaging. It has also expanded into the flexible packaging industry, showcasing capabilities in producing printed cork-tipping paper, laminates, sleeves, and wrap-around labels. TCPL Packaging is promoted by the …

JK Paper Q1 Results: Net profit rises 18% to Rs 313 cr

JK Paper Q1 Results: Net profit rises 18% to Rs 313 cr

25 July 2023

JK Paper reported a 12.71% increase in net profit for the quarter ended June 30, 2023, to Rs 230.87 crore, up from Rs 204.84 crore in the previous year. However, the company’s total income fell by 1.96% to Rs 1,424.39 crore in Q1FY24, compared to Rs 1,452.83 crore in the previous year’s same quarter.  On …

Upper Circuit Stocks Today – Stocks Locked in Upper Circuit on 25 July, 2023

Upper Circuit Stocks Today – Stocks Locked in Upper Circuit on 25 July, 2023

25 July 2023

On Tuesday, the benchmark indices were trading flat with Sensex up around 10 points or 0.01% at 66,380 and the Nifty-50 up around 4 points or 0.016% at 19,680. About 1,985 shares have advanced, 1,176 declined, and 159 are unchanged on the BSE. Top gainers and losers on BSE Sensex Index are as follows: The …

Mahindra Group to assist US companies to manufacture in India

Mahindra Group to assist US companies to manufacture in India

24 July 2023

As India ramps up efforts to revolutionize the global manufacturing and supply chain landscape, the Mahindra Group is poised to help American companies enhance their international footprint and expand by leveraging the advantages of India as a manufacturing hub.  The Mahindra Group will support interested companies in setting up their manufacturing base in India in …

Promoter Shareholding in International Conveyors Soars from 37.39% to 70.65%

Promoter Shareholding in International Conveyors Soars from 37.39% to 70.65%

24 July 2023

Business Overview International Conveyors Limited (ICL) specialises in manufacturing and promoting fire retardant, anti-static conveyor belting made from solid woven fabric and reinforced with polyvinyl chloride (PVC) impregnation and covering.  It operates in three primary business segments that are Conveyor Belting, Wind Energy, and Trading Goods. The Conveyor Belting segment focuses on producing and selling …

ICICI Bank Q1 results, delivering a 44% increase in PAT!

ICICI Bank Q1 results, delivering a 44% increase in PAT!

24 July 2023

ICICI Bank Ltd reported unaudited robust financial results for the quarter that ended on June 2023 or Q1FY24. Talking about the financials for Q1FY24 in comparison to the same quarter last year, the bank’s net profit for the first quarter which ended on June 30, 2023 increased by 44.03% to Rs 10636.12 crore from Rs …

EXHICON Group Stocks Earned 200% Returns in 3 Months!

EXHICON Group Stocks Earned 200% Returns in 3 Months!

24 July 2023

EXHICON Group has emerged as the sole organization in Asia offering a comprehensive range of products and services for the Trade Fairs and Events Sector. Its diverse portfolio spans from Media to Integrated Marketing Solutions, Temporary to Permanent Event Infrastructure, and Management to Organizing. Over the years, the Group has successfully diversified into various sectors, …

ITC board approves demerger for hotel business

ITC board approves demerger for hotel business

24 July 2023

ITC on Monday said that its board has approved the demerger of its hotels business. During its meeting, the Board of Directors thoroughly assessed and deliberated on different potential arrangements for the Hotels Business. After careful consideration, the Board granted its preliminary approval for the demerger of the Hotels Business through a scheme of arrangement. …

IRCTC Q4 Results: Profit Jumps 30% YoY; Rs. 2 Dividend Announced!

IRCTC Q4 Results: Profit Jumps 30% YoY; Rs. 2 Dividend Announced!

30 May 2023

For the fourth quarter that ended in March, standalone net profit increased by 30% year over year to Rs 279 crore. In the same period the previous year, the company reported a net profit of Rs 214 crore. For the March quarter, operating revenue increased 40% year over year to Rs 965 crore. In the …

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