Ashoka Buildcon Limited, a Fortune India 500 company and one of the leading highway developers in India, has recently secured a significant project by emerging as the Lowest Bidder (L-1) for a major contract awarded by the Mumbai Metropolitan Region Development Authority (MMRDA). The project, valued at ₹478 crore plus applicable GST, involves the design … Read more
On August 16, 2024, an entity within the Promoter Group of Piramal Enterprises Limited (PEL) bought 616,615 equity shares on the National Stock Exchange (NSE). This represents 0.27% of the company’s total paid-up share capital. Because of this purchase, the Promoter Group’s stake in PEL increased from 46.03% to 46.30%. Read the Official Notification Here … Read more
Adani Wilmar Limited (AWL) has notified the exchanges about the successful completion of the acquisition of a 67% stake in Omkar Chemical Industries Private Limited (OCIPL). This marks a significant move in its business growth. AWL has positioned itself to strengthen its presence in the specialty chemicals sector. This acquisition is a key milestone for … Read more
HEG Ltd is a prominent company of the LNJ Bhilwara group and is India’s leading graphite electrode manufacturer. Recently, it announced a stock split in the ratio of 1:5. Each equity share with a face value of Rs. 10/- will be split into 5 equity shares with a face value of Rs. 2/- each. The … Read more
Suprajit Engineering Limited is a prominent player in the automotive components industry. It has announced a significant buyback plan worth ₹112 crore for its equity shares on 14th August, 2024. The record date for this buyback is August 27, 2024.This article provides an in-depth analysis of the buyback and also includes details about the company, … Read more
Bondada Engineering has fixed the record date for the split of equity shares. The firm has announced Monday, September 2, 2024, as the record date for the entitlement of shareholders to this corporate action. Once the subdivision is approved, each equity share of ₹10 face value will be subdivided or split into five equity shares … Read more
In this article, we will discuss the GRP Ltd. share price target from 2025 to 2030. GRP is a rubber manufacturing company that primarily produces its products from recycled tyres. Company Overview Important Financial Metrics of GRP LTD Here is a table summarizing the key financial data for GRP Ltd. as of August 2024: Metric … Read more
Ola Electric Mobility Ltd., one of the key players in the EV sector, recently announced its quarterly results for Q1 FY25. It has reported good revenue growth but has posted consolidated net losses, which have increased. Let’s deep-dive into the key financial highlights of operations, the product lines involved, and the future outlook of the … Read more
On Wednesday, the Indian rupee firmed up against the dollar, gaining 7 paise to reach 83.90 in early trade. This rise occurred as the US dollar weakened in the forex market. Why Did the Rupee Gain? Forex traders noted that the US dollar weakened after the release of the US Producer Price Index (PPI) data. … Read more
GMR Airports Infrastructure Ltd recently announced its financial results for the first quarter of FY25. It posted a net loss of Rs 258.2 crore for the period. Though the revenue was upbeat, the loss pulled its stock price down by 3.3%. The stock closed at Rs 94.80 on the BSE. About the Company GMR Airports … Read more