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2:1 bonus shares, 1:10 stock split: Multibagger SME IPO turns ₹1.36 lakh of allottees to ₹4.68 lakh in 6 years
The multibagger stock will be in focus on Monday as the company has declared acquiring 100% stake in Green Point Pte. Ltd
2 min read6 Apr 2024Mishtann Foods rights issue open for bidding at 25% premium. Should you apply?
Mishtann Foods rights issue date: The issue opened on 2nd April and will remain open till 16th April 2024
2 min read4 Apr 2024Patanjali contempt case: SC questions govt inaction; Baba Ramdev, Balkrishna get final chance to file new affidavits
A Supreme Court bench comprising Justices Hima Kohli and Ahsanuddin Amanullah today refused to accept the apologies of Baba Ramdev and Patanjali MD Acharya Balkrishna in a contempt case concerning the apex court's order about the company's misleading advertisements for its medicinal products.
2 min read2 Apr 2024Supreme Court slams Ramdev for Patanjali's misleading ads on health cures, rejects apology
The court has deferred the matter to 10 April, instructing both Ramdev and Balkrishna to be present at the next hearing.
2 min read2 Apr 2024Patanjali misleading ad case: Baba Ramdev, Balkrishna likely to appear for Supreme Court hearing today
The Supreme Court summoned Baba Ramdev and Acharya Balkrishna over Patanjali's misleading ads claiming to cure diseases, defying court orders. A bench issued notice for contempt proceedings against them for violating the Drugs and Magic Remedies Act
2 min read2 Apr 2024FMCG penny stock surges 2400% in just four years
Sarveshwar Foods, a penny FMCG stock, has soared by a staggering 2400% over the past four years, escalating from ₹0.34 to approximately ₹8.5, translating to substantial returns for investors.
1 min read22 Mar 2024Multibagger! This FMCG penny stock surged 2400% since March 2020
Penny FMCG stock Sarveshwar Foods has posted multibagger returns in the last 4 years, rising from ₹0.34 to around ₹8.5 currently. This implies a return of 2400 percent for its investors in this period. An investment of ₹10,000 in this stock in March 2022 would have turned into ₹2.5 lakh now.
3 min read21 Mar 2024LT Foods share price jumps over 9% after Sunil Singhania’s Abakkus Asset Management buys stake
Abakkus Asset Manager LLP bought 33,93,543 equity shares of LT Foods, aggregating to 0.98% of paid-up equity, on Tuesday, block deal data on the BSE showed.
1 min read20 Mar 2024Restaurants Are Raising Prices in California as Pay Rises. One Chain Isn’t.
At least one restaurant chain plans to hold the line on what it charges customers even as others are raising prices in California because of the state’s minimum-wage boost for fast-food workers.
4 min read11 Mar 2024Westlife Foodworld says FSSAI verifies McDonald’s India uses 100% real cheese; stock jumps over 6%
Pursuant to the clean chit, McDonald’s India (W&S) has retained the term “cheese” in the names of its products containing cheese.
1 min read5 Mar 2024Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared