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ABS Shipping Secures Contract with Oil & Natural Gas Corporation

4 July 2024

ABS Marine Services Ltd has commenced a significant contract agreement with Oil & Natural Gas Corporation (ONGC) as of 4th July 2024. The contract, spanning three years, involves the charter hire of an Offshore Supply Vessel, valued at approximately Rs 102 crores, inclusive of GST. This agreement does not involve any related party transactions, ensuring …

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EFC (I) Limited Acquires Majority Stake in Bigbox Ventures

4 July 2024

On July 4, 2024, EFC (I) Limited announced in a stock exchange filing a significant acquisition through its wholly owned subsidiary, EFC Limited, which has acquired a 51% stake in Bigbox Ventures Private Limited. This acquisition marks Bigbox Ventures as a step-down subsidiary of EFC (I) Limited. Bigbox Ventures, incorporated on August 14, 2018, specialises …

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Optiemus Unmanned Systems Launches New Range of Agricultural and Mapping Drones

4 July 2024

On July 4, 2024, Optiemus Unmanned Systems Private Limited (OUS), a subsidiary of Optiemus Infracom Limited, launched a new range of drones for agricultural and mapping purposes. These drones are powered by components designed and manufactured in India and are showcased at the 5th Drone International Expo at Pragati Maidan, New Delhi. Investment and Revenue …

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Plutus Wealth Sells Entire Stake in Yatharth Hospital for Rs 101 Crore

4 July 2024

The shocking and drastic move by Plutus Wealth Management LLP for Yatharth Hospital & Trauma Care Services was to sell out all his shares in the open market on July 3rd. The total number of shares is 25 lakhs, as per the data available on BSE. Plutus Wealth is diluting a total of 2.9% of …

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Market Movers: Here Are Today’s High-Volume Buzzers!

4 July 2024

Indian frontline indices continued their rally, reaching new all-time highs on the bourses once again today. Information technology, auto and power sector stocks were on a strong uptrend, while financial services, energy, oil and gas sectors remained weak. At 10:35 am, the BSE Sensex gained 0.14% reaching a level of 80,100. The Nifty 50 index …

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Power, Defence and Railway Stocks: Riding High on Government Push and Capex Boost

4 July 2024

PSU stocks in the Indian stock market have shown remarkable performance, emerging as significant wealth generators. Some have recorded impressive returns of up to 800% in less than a year, largely driven by increased capital expenditure (capex) and government-led initiatives favouring PSU companies. The recent election victory of the Ruling party, forming the government at …

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These 3 Stocks from BSE 500 Jumped Over 5% Today; Do You Own Any?

4 July 2024

The benchmark index S&P BSE 500 opened today at 36,238.58 and made its day high at 36,267.70, and it is trading in green today, up by more than 0.10%. From the same space, these are the top 3 companies that outperformed the benchmark index and were up by more than 5% today. Honasa Consumer Ltd …

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Technical Picks to Keep an Eye on Lupin & NHPC

4 July 2024

Based on technical analysis, Lupin & NHPC are identified as upside potential stocks. Both stocks have displayed promising structures and technical setups, including price volume contraction, and the potential to bounce back and breakout. Currently trading at Rs 1,719.80 and Rs 102.87 respectively, their price aligns with positive signals from technical indicators like RSI and …

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Upper Circuit Stocks Today – 04 July, 2024

4 July 2024

On Thursday, the benchmark indices were trading in the green with the Sensex up around 285 points or 0.36% at 80,277, while the Nifty-50 was up around 82 points or 0.34% at 24,368. About 2,126 shares have advanced; 920 declined and 105 are unchanged on the BSE. Top gainers and losers on the BSE Sensex …

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VA Tech Wabag Wins Arbitration Against Kerala Water Authority

4 July 2024

Va Tech Wabag Ltd (WABAG) has secured a significant arbitration award against the Kerala Water Authority, as reported in a recent stock exchange filing. This development stems from a dispute concerning contract agreement no. 10/2006, dated October 13, 2006, related to the JBIC Assisted Kerala Water Supply Project, Package-1 works for the Cherthala Scheme, which …

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