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Source: Live Mint Multibagger stock: Rathi Steel & Power Limited shares jumped on Monday, March 24, as the company announced the allotment of equity shares by converting preferential shares, according to an exchange filing. As per the data, the board of directors approved the allotment of 13,00,001 or 13 lakh equity shares with a face…
Source: Live Mint Mining giant Vedanta-owned firm, Hindustan Zinc received an official penalty notice from the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE) over non-compliance of the number of independent directors on the firm’s board, according to an exchange filing. “The Company has received a Notice from BSE Limited and National Stock…
Source: Live Mint The Competition Commission of India (CCI), the country’s antitrust regulator, on Monday, March 17, announced that it had approved Tata Group’s holding firm Tata Sons’ plan to purchase an additional stake in Tata Play. According to an official notification, the antitrust regulator allowed Tata Sons to raise its stake in Tata Play…
Source: Live Mint Securities depository firm National Securities Depository Ltd (NSDL) is expected to launch its much-awaited initial public offering (IPO) this month, reported the news agency PTI, citing officials aware of the development. According to a report in late February, NSDL aims to raise ₹3,000 crore from the Indian stock markets. The potential IPO…
Source: Live Mint The Board of Directors of Housing & Urban Development Corporation (HUDCO) is set to meet today, March 10, to consider the declaration of a second interim dividend for the financial year 2024-25. As per the company’s press release dated March 3, the record date for determining shareholder eligibility for the second interim…
Source: Live Mint Shares of Mukka Proteins surged over 8 percent in intra-day trading on Thursday, March 6, after the company secured multiple supply orders, further expanding its market presence. The orders include significant deals with Avanti Feeds for the domestic market and Padma Feed for international supply, bringing the company’s total order book to…
Source: Live Mint HDFC Mutual Fund has raised its stake in midcap stock BEML to 7.37 percent from 5.23 percent earlier. According to the disclosure, HDFC Mutual Fund, through its various schemes, acquired an additional 8,49,308 equity shares of BEML Limited. Before the acquisition, the fund’s holding stood at 5.23 percent, representing 21,79,541 shares with…
Source: Live Mint Smallcap stock Welspun Specialty Solutions was in focus after the company board approved raising funds up to ₹350 crore by way of a rights issue. “This is further to the meeting of the Board of Directors of the Company (the “Board”) held on January 27, 2025, approving the issuance of equity shares…
Source: Live Mint Ajax Engineering IPO listing: Ajax Engineering shares make a weak debut on Monday, February 17, listing at ₹576 on NSE, a discount of 8.43 percent versus its IPO price of ₹629. Meanwhile, on BSE, it listed at ₹593, down 5.7 percent from IPO price. Ajax Engineering s initial public offering (IPO), valued…
Source: Live Mint Shares of Vakrangee, a LIC-backed penny stock, were locked in their 5 percent upper circuit at ₹16.71 on Friday, February 14, following the Reserve Bank of India’s (RBI) decision to renew its authorisation for White Label ATMs. This marked the second consecutive session that the stock hit its upper circuit. In an…
