Author: Dinesh

Standard Capital Markets’ shares remained locked at the upper circuit limit of ₹1.13 during Thursday’s opening session, following the announcement of a new fundraising strategy. The company is set to raise ₹70 crore through the private placement of 7,000 unrated, unlisted, secured Non-Convertible Debentures (NCDs) with a face value of ₹1,00,000 each, issued at the…

Cellecor Gadgets Limited has recently seen its share price increase by 5%, reaching an intraday high of ₹63.90, up from the previous close of ₹60.90. The stock has displayed significant volatility over the past year, with a 52-week high of ₹355 and a low of ₹29.09. In a strategic marketing initiative, Cellecor has appointed Bollywood…

The Nifty 50 index experienced a dramatic decline in October 2024, plunging 6.22%—its worst monthly performance since March 2020, when the COVID-19 pandemic significantly impacted global markets. The index closed the month at 24,205.35, down 135.50 points or 0.56% on the final trading day. Several factors contributed to this downturn: Notable Stock Movements Among the…

Bharat Seats Ltd, a prominent small-cap player in the auto components and equipment sector, recently saw its stock rise by 3.39%, reaching a current price of ₹198.50 on the BSE. With a market cap of ₹623.29 crore, the stock has provided a solid 22.81% return over the last week alone and has surged by 121%…

GRM Overseas Limited, a key player in India’s basmati rice segment, saw its stock price increase by 4.3% on Wednesday, closing at ₹222.70 from a previous ₹213.50. The stock has a 52-week high of ₹288.60 and a low of ₹114.15, underscoring the company’s solid growth trajectory. Over the last five years, GRM has delivered a…

Bajaj Steel Industries’ stock surged after the company confirmed its 3:1 bonus share issuance, setting November 12, 2024, as the record date. On Wednesday, shares opened at ₹2,985 on the Bombay Stock Exchange, a 7.71% increase from the previous close of ₹2,939.65, and peaked at an intraday high of ₹3,160. By the afternoon, the stock…

Cyient has announced an interim dividend of ₹12 per equity share (240%) for the financial year 2024-25, with a record date set for November 6, 2024. The dividend is expected to be paid by November 21, 2024. Financial Performance For the September 2024 quarter, Cyient reported: Karthikeyan Natarajan, CEO, mentioned positive trends in Aerospace and…

KPI Green Energy Ltd, a small-cap company in the power generation sector, experienced a surge in its share price, hitting the upper circuit limit today after announcing a Board of Directors meeting scheduled for November 6, 2024. The meeting aims to approve the financial results for Q2 FY25 and consider the declaration of a second…

Cyient has announced an interim dividend of ₹12 per equity share (240%) for the financial year 2024-25, with a record date set for November 6, 2024. The dividend is expected to be paid out by November 21, 2024. Financial Performance In the second quarter of FY25, Cyient reported a slight net profit increase of 0.45%,…

The IPO of Afcons Infrastructure Ltd, the flagship infrastructure company of the Shapoorji Pallonji Group, has received a favorable response from investors. The bidding period, which ran from October 25 to 29, has closed, and today marks the crucial date for finalizing the share allotment. Key Dates and Allotment Process Successful applicants will see their…