Page 7 - News

Intellect Design Arena zooms 69% so far in March on healthy revenue outlook

Healthy traction in IGCB and iSEEC is expected to drive revenues going forward

Easy Trip IPO opens today: All you must know before hitting subscribe

Easy Trip has no listed peers in the domestic market, having a similar operating model although it faces competition from private players like Cleartrip, MakeMyTrip and Yatra Online

IDBI Bank surges 17% as RBI removes lender from PCA framework

IDBI Bank's exit from the PCA framework eases the rules for lender to expand its business

Magma Fin up 5% as shareholders approve share issue to Poonawalla-led firm

The shareholders have approved the company's plan to raise up to Rs 3,456 crore by issuing preference equity shares to Adar Poonawalla-led firm

JMC Projects surges 13% on winning project worth Rs 1,000 crore in Maldives

The company has signed an agreement with Fahi Dhiriulhun Corporation Limited (FDC) for the design, finance and construction of 2,000 social housing units in Hulhumale Island of Maldives

BPCL tanks 6% after BPCL Trust offloads up to 7% stake in firm

The company's board has approved the sale of BPCL equity shares which are held by the BPCL Trust for Investment in shares through accelerated book built offering

Astral Poly jumps 5% on fixing record date for 1:3 bonus share issue

The company has fixed March 19 as the record date for the 1:3 bonus share issue

Stocks to watch: Aarti Drugs, Adani Ports, PVR, IndiGrid, Just Dial

Multiplex major PVR plans to invest Rs 150 crore to open up to 40 screens across the country in the next fiscal

Laurus Labs falls 5% as promoters sell 1.3% stake in company

Laurus Labs said the significant part of the above amount shall be utilized to release the pledge on their equity shares of the company

RPP Infra surges 9%, hits 52-week high on bagging orders worth Rs 1,000 cr

The company, on Wednesday, announced that it has received four letters of acceptance for four new projects

Ion Exchange slips 4% as Rakesh Jhunjhunwala sells stake in firm

At the end of the December 2020 quarter, Jhunjhunwala held a 5.29 per cent stake in Ion Exchange.

Is MTAR Tech IPO worth subscribing? All you wanted to know

The company looks to raise up to Rs 596.41 crore via a combination of fresh issue of shares worth Rs 123.51 crore and an offer for sale of Rs 472.90 crore

RailTel Corporation rises for third day; stock up 85% over issue price

The scrip jumped 19 per cent over its previous close to hit an intra-day high of Rs 173.50 on the BSE

Shipping Corp surges 19% as govt gets multiple bids for privatisation

DIPAM, in December, had invited EoI for strategic disinvestment of its entire stake of 63.75 per cent in Shipping Corp of India

RailTel rallies 17% on institutional buying, up 52% over issue price

On February 26, Goldman Sachs India Fund and Nippon India Mutual Fund collectively bought 10.7 million equity shares of RailTel worth of Rs 120 crore

APL Apollo, Apollo Tricoat Tubes surge up to 10% on board nod to merger

Apollo Tricoat's minority shareholders will receive one equity share in APL Apollo for each equity share held in Apollo Tricoat

Dilip Buildcon rises 5%, hits 52-week high on order wins worth Rs 2,241 cr

Dilip Buildcon has been declared as L-1 bidder for two new National Highways Authority of India HAM projects under Bharatmala Pariyojana, Phase I in Tamil Nadu and Puducherry, the company said

This PSU stock rallies 134% in one month, scales 8-year high

Hindustan Copper hit an eight-year high of Rs 128, up 10 per cent on the BSE in intra-day trade on Wednesday on the back of heavy volumes

Matrimony.com zooms 43% in 2 days, scales fresh record high

JP Morgan Asset Management, which holds shares in Matrimony.com through CMDB, is offloading its stake in the company via open markets through bulk deal

Tata Motors, Tata Motors DVR gain up to 8% amid heavy volumes

Tata Motors outlined ambition to reach double-digit commercial vehicle margins and high single-digit passenger vehicle margins in coming years