The FinTech Hub
Source: Live Mint Ace investor Vijay Kedia has increased his stake in auto component manufacturer Precision Camshafts Ltd. during the July-September 2024 quarter. The small-cap stock has seen a decent rally and has jumped over 26% in one week. Vijay Kedia, through his firm, Kedia Securities Pvt Ltd purchased 10,00,000 shares, representing a 1.05% stake,…
Source: Live Mint Blue Cloud Softech Solutions shares dropped over 2% on Thursday after the company announced that its board approved a stock split. The small-cap multibagger penny stock declined as much as 2.65% to ₹160.30 apiece on the BSE. The Board of Directors of Blue Cloud Softech Solutions at its meeting held on 16…
Source: Live Mint Small-cap stock: Hi-Tech Pipes Limited, a small-cap company that has seen its stock price surged by around 130 per cent over the past year, has successfully raised ₹500.79 crore through a Qualified Institutional Placement (QIP). The company made this announcement in a regulatory filing on October 11, 2024. The QIP, which opened…
Source: Live Mint Stock market today: Indian market ended Friday’s session lower, weighed down by auto and banking stocks. Although pharma and metal stocks provided some support, it was insufficient to lift the indices higher. Consequently, the Nifty 50 closed the session with a drop of 0.14%, finishing below the 25,000 for the third straight…
Source: Live Mint The Indian market closed on a lacklustre note for the second session on Thursday, October 10, despite strong cues from global and Asian peers. Selling pressure in IT and pharma stocks kept the frontline indices near their previous day’s levels. Banking stocks, on the other hand, posted notable gains during the session,…
Source: Live Mint Multibagger stock: As Rome was not built in a day, a stock market investor can’t become rich overnight. It is often said that money is not in buying and selling stocks but in waiting. One must look at the journey of Transformers and Rectifiers (India) shares to understand how a long-term investor…
Source: Live Mint Concerns over escalating tensions in the Middle East weighed heavily on the Indian market this week, driving the benchmark equity indices lower for the fifth consecutive session on Friday, 4 October. Both the Sensex and the Nifty clocked significant losses in Friday’s trading session. The Nifty 50 closed 0.81% lower at 25,014…
Source: Live Mint Shares of Pearl Global Industries (PGIL) regained momentum in Friday’s trading session, surging 7.23% to ₹939.80 per share after the domestic brokerage firm Avendus Spark Institutional Equities initiated coverage with a ‘buy’ rating. The brokerage set a target price of ₹1,350 on the stock, signalling an upside potential of 54% from its…
Source: Live Mint Scanpoint Geomatics share price jumped over 3% on Friday, extending its gaining streak for the fifth consecutive session. Scanpoint Geomatics shares rose as much as 3.64% to ₹9.95 apiece on BSE. The small-cap stock surged nearly 12% in one week. Scanpoint Geomatics is a BSE-listed small-cap company in the IT services and…
Source: Live Mint The Indian stock market experienced a significant downturn on Thursday, 3 October, influenced by several key factors, including escalating tensions in the Middle East that have heightened geopolitical concerns and increased investor caution. Further, the release of US private employment data on Wednesday supported the view that the Federal Reserve does not…
