Penny stock below ₹2: Standard Capital Markets Limited gained 4-5% in the morning trades on Thursday as the company announced completion of fundraise process.
1 min read31 Oct 2024Elcid Investments has surged from ₹3.53 to ₹2.36 lakhs in one trading session, becoming India’s most expensive stock. This unprecedented rise was fueled by a special call auction aimed at price discovery.
2 min read30 Oct 2024Nandan Denim shares hit a 5% upper circuit at ₹5.06 following strong Q2 results, with revenue rising to ₹850.25 crore and profit after tax to ₹8.7 crore. The company continues to expand its international market presence amid positive industry growth forecasts.
2 min read28 Oct 2024Penny stock Paramount Communications has skyrocketed 864% in four years. The company, which is a wire and cable manufacturer, reported a 4% year-on-year increase in profit for the September quarter while its revenue jumped over 40%.
3 min read28 Oct 2024Mishtann Foods shares rose nearly 6% on October 28 after reporting strong Q2FY25 results, with a 21.89% net profit increase to ₹106.57 crore
2 min read28 Oct 2024Penny stock below ₹5: The Indian healthcare company has announced a substantial acquisition offer from Thailand-based Python Chemical Company
2 min read26 Oct 2024Shares of GG Engineering ended a five-day losing streak, hitting the 20% upper circuit limit at ₹1.90 after positive Q2 FY25 results. The company’s net profit jumped to ₹11 with revenue at ₹106 crore.
1 min read24 Oct 2024Jyoti Structures’ shares rose 5.3% to ₹32 after securing a ₹450 crore order from Adani Energy Solutions for a 765 kV transmission line. Ace investor Ashish Kacholia recently acquired a 2.52% stake in the company.
2 min read23 Oct 2024Sarveshwar Foods shares rose nearly 10% after strong Q2FY25 results. The company’s net profit rose 68.53% to ₹8.14 crore while revenue grew 32.20% to ₹271.31 crore, reflecting the company’s success in organic products.
2 min read21 Oct 2024Penny stock: Srestha Finvest stock rose 4% to Re 0.82 following an announcement of an extraordinary general meeting for shareholder approval on a fundraising plan. The company aims to raise ₹100 crore via QIP.
1 min read18 Oct 2024The 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