Government raises Rs 770 via Bharat Dynamics OFS; share tumbles 19 per cent in 3 days Government raises Rs 770 via Bharat Dynamics OFS; share tumbles 19 per cent in 3 days Pratik Shastri / Thursday, September 10, 2020 0 1393 Article rating: 3.4 Bharat Dynamics had declared about OFS on September 07, 2020, under which, the government had planned to sell 15 per cent stake in the company. Read more
Gujarat Ambuja Exports acquires company with nil sales from promoters Gujarat Ambuja Exports acquires company with nil sales from promoters Pratik Shastri / Thursday, September 10, 2020 0 2704 Article rating: 2.8 The company has acquired 16,00,000 equity shares, i.e., 100 per cent of the paid-up capital of MACPPL at Rs 79 per share. This makes the total deal price to be Rs 12,64,00,000. The entire consideration has been paid in cash. Read more
JSW reports significant YoY production growth; capacity utilisation improves too JSW reports significant YoY production growth; capacity utilisation improves too Pratik Shastri / Thursday, September 10, 2020 0 1592 Article rating: 2.5 The stock price has surged 35 per cent within the last one month. Its better-than-expected volume performance, the company's foray into new business such as anti-microbial coated steel products, and better utilisation levels might have helped the gains. Read more
Auto sales give positive visibility to auto lighting manufacturers Auto sales give positive visibility to auto lighting manufacturers Pratik Shastri / Friday, September 4, 2020 0 1639 Article rating: 3.3 The investors though will need to take an exposure with caution. The market prices of a few select companies may have also gone past the actual momentum in original equipment manufacturers (OEMs). Read more
Coal India plans Rs 1 lakh crore investment; production improves in select subsidiaries Coal India plans Rs 1 lakh crore investment; production improves in select subsidiaries Pratik Shastri / Thursday, September 3, 2020 0 1136 Article rating: 4.2 The shares of the company are listed among that scrip which has not been appreciated sharply in the market turnaround. From its historic price fall in March 2020, the stock is trading higher by just 5 per cent. Read more