The rally in these shares was sparked after the companies signed a Definitive Agreement, for contract manufacturing of select models of Whirlpool branded semi-automatic Washing Machines
On December 10, the company allotted 21.5 million to QIBs, including Motilal Mutual Fund, Nippon Mutual Fund, Kotak Mutual Fund and Axis Mutual Fund, at Rs 699 per share
Since November 19, in 12 trading days, PG Electroplast stock price has surged 32% after the company announced a foray into EV manufacturing with an agreement with Spiro Mobility
PG Electroplast hit a new high of Rs 718.35, surged 15 per cent after the company said its subsidiary PG Technoplast has entered into electric vehicle assembly and lithium-ion battery assembly
PG Electroplast's board will consider raising funds via issuance of any instruments or securities, through private placement, preferential issue, rights issue, or qualified institutions placement
PC Jeweller, MTNL, Kitex Garments, 63 Moons Tech, Genus Power, Refex Industries, Solara Active Pharma, and Suraj Estates Developers were locked in 5 per cent lower circuit on the BSE.
PG Electroplast stock hit a new high of Rs 675, as they rallied 7 per cent on the BSE in Wednesday's intra-day trade in otherwise subdued market strong growth outlook.
From the July 23 Budget 2024-day low, the midcap and the smallcap indices on the BSE have seen a surge of over 6 per cent and 7 per cent respectively
Management sees increased opportunities in the existing and new clients based on the current business environment.