Balaji Amines Ltd. (BAL) was established on October 27, 1988. BAL has positioned itself as a reliable supplier of high-quality amines such as ethyl and methyl, serving various industries including pharmaceuticals, agrochemicals, and personal care products. With advanced manufacturing facilities and a strong emphasis on research and development, BAL is dedicated to providing innovative solutions …
Block Deal of Rs 236 crore On August 8, a significant transaction involving Protean eGov Technologies Ltd took place. In a block deal window, 12 lakh shares, representing 3.2% equity of the company and valued at Rs 236 crore, changed hands. While the official buyers and sellers of this transaction remain undisclosed, reports suggest that …
Nazara Technologies Ltd saw a notable gain in its share price on Thursday, August 8, following the company’s announcement of receiving a letter of intent (LOI) for the acquisition of Smaaash Entertainment, which is currently undergoing an insolvency process. Approval from Committee of Creditors In a significant development, Nazara Technologies disclosed in a stock exchange …
The ongoing unrest in Bangladesh is poised to impact Indian power companies operating in the neighboring country. Notable listed companies with exposure to the Bangladeshi market include Adani Power, NTPC, and Power Grid, among others. Bangladesh, with a total power capacity of 25 GW, faced a peak demand of 15 GW in the fiscal year …
Bonus Shares: A Reward for Shareholders On Wednesday, Saksoft declared that it would issue one bonus share for every four shares held by shareholders as of the record date. The company has fixed September 13, 2024, as the record date for this bonus issue, aiming to enhance shareholder value and marketability of its shares. This …
Welspun Corp Limited (WCL) witnessed a significant boost in its share price on Wednesday, August 7, following the announcement that its Saudi Arabian associate company had secured multiple contracts valued at approximately Rs 525 crore. These contracts are for the manufacturing and supply of steel pipes and coating services, with a project duration of 24 …
On August 20, 2024, Updater Services Limited (UDS) announced via a stock exchange filing that it had increased its investment in Denave India Private Limited, a material subsidiary, by raising its ownership from 67.27% to 89.57%. This was achieved by acquiring 37,48,614 equity shares from Denave’s promoters and other shareholders. Additionally, Matrix Business Services India …
ABB has achieved a major milestone by delivering over 10 gigawatts (GW) of automation solutions for renewable energy plants in India. This achievement comes after starting with a 100-megawatt project seven years ago. ABB’s IoT-based PLC solution has been used nationwide for over 300 renewable energy projects. The PLC-based SCADA system from ABB collects and …
Penny stocks—shares of small companies trading between less than ₹10 per share—have long been a magnet for adventurous investors seeking high returns. The low prices and potential for explosive growth for these shares can be appealing, but they come with a unique set of risks and challenges. In this blog, we will delve into the …
On August 20, 2024, Ola Electric announced that its mass-market scooters, the S1 X 3 kWh and S1 X 4 kWh, have been certified for compliance with the Production Linked Incentive (PLI) Scheme for the automobile and auto components sector. Both scooters successfully met the government’s 50% minimum localisation requirement, as set by the Ministry …
