In a strategic move, Crest Ventures Limited has significantly strengthened its position by acquiring an additional equity stake of 10.01% in Ramayana Realtors Private Limited, effectively making it a subsidiary of Crest Ventures. This acquisition has propelled Crest Ventures to hold a commanding 50.01 per cent share of the total paid-up Equity Share capital of Ramayana Realtors Private Limited.

In a recent press release, Praveg Limited announced the inauguration of "Praveg’s Grand Eulogia" hotel on Sindhu Bhavan Road, Ahmedabad, on November 1, 2023. The company closed the trading day with a notable gain of +8.55%, concluding at a price of Rs 608.35. The substantial volume surge can be attributed to the execution of four substantial bulk deals on the same day, substantiating heightened investor interest and robust market activity in Praveg Limited's shares.

FII stake increase: Foreign Institutional Investors (FIIs) have increased their stake in Lincoln Pharma from 0.63 per cent in September 2022 to 2.59 per cent in September 2023.

Promoter holding increase: The promoter holding in Lincoln Pharma has also increased from 44.09 per cent in September 2022 to 50.53 per cent in September 2023.

KPI Green Energy Ltd, in the 'Captive Power Producer (CPP)' segment, has recently acquired new orders totalling 6.50 MW for solar power projects. These orders have been awarded by M/s. Vasudev Synthetics (2.00 MW), M/s. Shree Chakradhar Industries (3.00 MW), and M/s. Shree Chakradhar Synthetics (1.50 MW). The aggregate order size is 6.50 MW. These projects are slated for completion during the financial year 2023-24. With these additions, KPI green’s cumulative orders of solar power projects, till date have crossed 106+ MW under CPP segment of the Company.

These drones will initially debut in the domestic market before expanding internationally. Tailored for precision farming, GIS mapping, aerial surveys, short-range cargo transportation, and military applications, these drones reflect the company's commitment to pushing the boundaries of Unmanned Aerial Vehicle (UAV) technology.

A celebrated investor Ashish Kacholia strategically entered a tech company's shareholdings during the third quarter of 2023, acquiring a noteworthy 1.09 per cent stake amounting to Rs 4 crore in the company's shareholding. Notably, Suryavanshi Commotrade Pvt Ltd also holds a 2 per cent stake in this company, with one of its three directors being Ashish Kacholia himself.

the company has secured a substantial Purchase Order worth Rs 17.64 Crores for supplying 1 KW HF and SATCOM Equipment, with the contract formalized on November 1, 2023. The esteemed client for this deal is M/s. Cochin Shipyard Limited.

Additionally, another notable Purchase Order, valued at Rs 1.61 Crore, has been received for Automatic Test Equipment (ATE) dedicated to Radar Equipment. This contract was also confirmed on November 1, 2023, with Satish Dhawan Space Centre – SHAR, ISRO, as the client.

During this period, the company reported a revenue of Rs 3,897.53 crore, reflecting a 3.75% increase compared to the same quarter in the previous fiscal year, indicating consistent top-line growth. Notably, the operating profit reached Rs 596.93 crore, demonstrating an impressive growth of 95.58% from the corresponding quarter in FY23. This significant increase in operating profit signifies the company's effective cost management, resulting in a healthier profit margin. The profit before tax (PBT) stood at Rs 376.82 crore, representing a remarkable growth of 412.26% compared to the PBT of Rs 73.56 crore in Q2FY23. The profit after tax (PAT) exhibited substantial growth, amounting to Rs 248.62 crore, which represents a remarkable increase of 401.15% from the PAT of Rs 49.61 crore in the same quarter of the previous fiscal year.

The company's total sales for the month stood at 82,954 units, a significant increase from the 78,335 units recorded in October 2022. This impressive growth can be primarily attributed to the stellar performance in both the Commercial Vehicle (CV) and Passenger Vehicle (PV) segments.

In a remarkable display of resilience, the company's stock has outperformed recent market turbulence, posting a 17 per cent gain as of October 30, 2023, solidifying its status as a multibagger with astounding returns of 119.68 per cent over the past year.