The price of ITI shares continued to see tremendous purchasing activity on Tuesday, December 10, as they surged nearly 10% to reach a new all-time high of ₹404 on the NSE for the third straight session. At a record high of ₹404, the price of ITI shares jumped as much as 9.8% from its previous … Read more
Global brokerage firm CLSA is the most recent to join the rising number of analysts who are bullish about Swiggy, the massive food delivery service. The company has given Swiggy’s stock a “outperform” rating, with a target price of ₹708 that indicates a possible gain of around 32%. Following CLSA’s commencement report, the food delivery … Read more
IGL had previously declared a stock split in 2017, splitting a single share with a face value of ₹10 into five shares with a face value of ₹2. In addition, IGL has been the first of its peers to provide bonus shares to its owners, as neither Gujarat Gas nor Mahanagar Gas had previously made … Read more
Shares of RITES Ltd. made headlines today after the firm announced that it had received a $97.13 million order from the Co-operative Republic of Guyana’s Ministry of Public Works. The Palmyra Highway is to be upgraded to Moleson Creek Highway. On Friday, RITES stock rose 2.99% to Rs 296 from its previous close of Rs … Read more
The stock price of the Multi Commodity market of India (MCX), the nation’s top commodity derivatives market, surged 8.6% on Friday to hit a remarkable Rs 7046.70 on the Bombay Stock Exchange (BSE). With MCX surpassing Rs 7,000 for the first time in its history, this is a noteworthy milestone. The exchange’s remarkable expansion and … Read more
In an attempt to stop unfair trade practices and shield domestic manufacturers from the effects of lower-priced imports, the Ministry of Finance announced a provisional anti-dumping duty on imports of textured tempered coated and uncoated glass from China and Vietnam. This move caused Borosil Renewables’ shares to jump as much as 7.8% on Friday to … Read more
Mishtann Foods was prohibited by the market watchdog on Thursday from raising any public funds for seven years due to alleged serious financial statement fraud. In addition, the managing director and a number of other directors are not allowed to access the securities market until additional directives are given. The Securities and Exchange Board of … Read more
Nihir Parikh, the CEO of Nykaa Fashion, resigned from his position at the beauty and fashion shop on Thursday, according to a stock exchange filing, which caused Nykaa shares to drop as much as 1.1% on Friday to Rs 165.70 on the BSE. Parikh stated in his letter of resignation that he was leaving his … Read more
Vodafone Idea said Wednesday that its board will meet on December 9 to explore a plan to raise up to Rs 2,000 crore by giving preference to Vodafone Group companies when issuing convertible instruments or equity shares. A notification to the exchanges said that this proposed fundraising will be a part of the board’s routine … Read more
After a 20% drop from July to October, Reliance Industries’ stock has increased by 8% over the past ten trading days. Analysts remain optimistic despite recent downturn, pointing to Jio’s growth possibilities, the company’s new energy sector, and a possible recovery in refining margins. With target prices between ₹1,468 and ₹1,662, international brokerages such as … Read more
