DOMS Shares Plunge 5% as Italian Giant FILA Reduces Stake – What’s Next?

DOMS Shares Plunge 5% as Italian Giant FILA Reduces Stake – What’s Next?

Doms Industries fell 4.33% to Rs 2923 after the company’s holding business, FILA, announced the sale of 4.57% of the company’s equity share capital under the accelerated bookbuilding process (ABB). FILA, an Italian stationery producer, would sell 27.73 lakh shares, or 4.57% of its investment, when the one-year lock-in period expires. Upon completion of the … Read more

Sanghi Industries Plunges 12% Amid Merger Deal with Ambuja Cements!

Sanghi Industries Plunges 12% Amid Merger Deal with Ambuja Cements!

On Wednesday, December 18, 2024, the shares of cement company Sanghi Industries fell 12.35%, reaching a new 52-week low of Rs 67.42 per share. After the business announced on December 17 that the Board of Directors had approved the Scheme of Arrangement between Ambuja Cements Limited (Transferee business) and Sanghi Industries Limited (Transferor Company) and … Read more

Swiggy Shares Rise 2% as JP Morgan Sets Bold ₹730 Target!

Swiggy Shares Rise 2% as JP Morgan Sets Bold ₹730 Target!

After starting to cover Swiggy on Thursday, December 19, brokerage firm JPMorgan stated that the company’s shares, which have already increased by about 50% from their IPO price of ₹390, still have more space to run. With a target price of ₹730, the brokerage now has a “buy” rating on the food delivery aggregator. A … Read more

Mankind Pharma Soars: Rs 3,000 Crore QIP Launch Ignites Investor Buzz!

Mankind Pharma Soars: Rs 3,000 Crore QIP Launch Ignites Investor Buzz!

Mankind Pharma’s stock increased 2.3% during trading, reaching an intraday high of Rs 2,753 on the BSE. A day after the company’s qualified institutional placement (QIP) was launched, the stock was purchased at a floor price of Rs 2,616.55 per share. This is a 2.4% reduction from the closing price on Monday. According to its … Read more

Varun Beverages Shares Surge 2% After 40% Stake Acquisition in Lunarmech!

Varun Beverages Shares Surge 2% After 40% Stake Acquisition in Lunarmech!

Tuesday at about 10:45 AM (IST), Varun Beverages Ltd.’s shares were up 0.06 percent at Rs 646.05. In the last session, the stock had finished at Rs 645.60. During the same period, the equity benchmark Sensex moved 729.81 points at 81018.76. In the past year, the 30-share index has increased by 21.100000381469727 percent, while the … Read more

Explosive Debut: Toss The Coin Shares Skyrocket 90% to ₹345.80 on Listing Day!

Explosive Debut: Toss The Coin Shares Skyrocket 90% to ₹345.80 on Listing Day!

The shares of Toss The Coin Ltd, a marketing consulting services company, listed at a 90% premium to the initial public offering (IPO) price on Tuesday, December 17, marking a remarkable launch on the BSE SME platform. The company’s shares opened on the BSE for ₹345.8, down from the ₹182 issue price. Soon after listing, … Read more

Nitco Shares Rally 5% on Securing ₹105 Crore Order from Prestige Estates!

Nitco Shares Rally 5% on Securing ₹105 Crore Order from Prestige Estates!

NITCO reported that it had obtained an order from Prestige Estates Projects for the supply of tiles, marble, and mosaics for Rs 105.40 crore, which resulted in a 2.06% increase to Rs 142.65. On the BSE, shares of Prestige Estates Projects increased by 1.34% to Rs 1,854.80. Tiles, marble, and mosaic goods will be supplied … Read more

HBL Power Systems Jumps 6% After Bagging ₹1,522 Crore KAVACH Order—What’s Next for the Stock?

HBL Power Systems Jumps 6% After Bagging ₹1,522 Crore KAVACH Order—What’s Next for the Stock?

After securing a Rs 1,522 crore KAVACH order, HBL Power Systems’ stock reached a 52-week and all-time high on December 16. Through an exchange filing, the Delhi-based company notified its shareholders that it had secured the Chittaranjan Locomotive Works order. The statement states, “We would like to notify you that Chittaranjan Locomotive Works has placed … Read more

Wockhardt Shares Surge 10% as Zaynich Boosts Successful Liver Transplant Trial Outcome!

Wockhardt Shares Surge 10% as Zaynich Boosts Successful Liver Transplant Trial Outcome!

Wockhardt Ltd.’s stock reached a record high on Monday following the company’s announcement that a patient in the US was able to successfully undergo a liver transplant and resume chemotherapy because to its exclusive antibiotic, ZaynichTM. According to an exchange filing, the patient, who was receiving chemotherapy and stent implantation for bile duct cancer earlier … Read more