The company was established during the year 1992 in Ahmedabad to provide quality edible oil to the consumers of Gujarat.

On Wednesday, the equity benchmark indices ended on a higher note with Nifty closing near 16,000 level supported by the auto, FMCG and financial stocks.

As market exuberance continues, Auto stocks witness demand revival while FMCG stocks remain strong.

Tube Investments, Ceat and Escorts Kubota witnessed positive action in today’s session.  

Modi’s Navnirman Limited became the 378th company to get listed on the BSE SME Platform on July 06, 2022. The company came out with an initial public offering of 12,60,000 equity shares of Rs10 each for cash at a price of Rs. 180 per equity share, aggregating to Rs. 22.68 crore. The company successfully completed its public issue on June 28, 2022.

It is mainly engaged in the business of lending and has a diversified portfolio across retail, SME, and commercial customers.

Hindustan Power Exchange (HPX), promoted by Bombay Stock Exchange, PTC India and ICICI Bank, today commenced operations after receiving all necessary approvals from Central Electricity Regulatory Commission. Backed by the latest technology and a series of innovative features, the exchange promises to offer speed, transparency, and better price discovery in the execution of trades. 

BSE Smallcap index climbed 0.94 per cent to close at 25,239.68.

Indices ended at their respective day’s high and Nifty rose 1.13 per cent. Sensex gained about 616 points while Nifty Midcap and Nifty Smallcap climbed 1.90 per cent & 0.50 per cent, respectively.

Despite this market mayhem, more than two dozen penny stocks have defied gravity to deliver multi-bagger returns to the investors in the first half of the ongoing calendar year.

Kiri Industries Ltd, a small-cap company engaged in the dyes and pigments business, has rallied by over 19 per cent today from its previous close of Rs 461.35, as the company has won the appeal in the Supreme Court of Singapore.