This small-cap construction company receives orders worth Rs 1,373.6 crore!
This small-cap construction company receives orders worth Rs 1,373.6 crore!

This small-cap construction company receives orders worth Rs 1,373.6 crore!

The company reported excellent results in its quarterly results wherein net profit was recorded at Rs 13 crore in Q2FY23 compared to a net loss of Rs 445 crore in Q2FY22.

Kiran Shroff Article rating: 4.1

The company reported excellent results in its quarterly results wherein net profit was recorded at Rs 13 crore in Q2FY23 compared to a net loss of Rs 445 crore in Q2FY22.

This small-cap infra stock secured orders worth Rs 1,294 crore!
This small-cap infra stock secured orders worth Rs 1,294 crore!

This small-cap infra stock secured orders worth Rs 1,294 crore!

Although, the company reported weak quarterly and annual results, the share of the company spurt in volume by more than 2.15 times.

Kiran Shroff Article rating: 4.6

Although, the company reported weak quarterly and annual results, the share of the company spurt in volume by more than 2.15 times.

Reliance Industries Limited to acquire majority stake in SenseHawk
Reliance Industries Limited to acquire majority stake in SenseHawk

Reliance Industries Limited to acquire majority stake in SenseHawk

SenseHawk is a Solar Digitization Platform (SDP) with customers throughout the solar asset lifecycle in the US, EMEA, APAC, and SEA. SenseHawk offers an SDP SaaS for process optimization, automation, and asset information management.

Shreya Chaware Article rating: 5.0

Reliance Industries Ltd has today signed definitive agreements to acquire a majority stake in SenseHawk Inc (“SenseHawk”) for a total transaction value of USD 32 million, including funding for future growth, commercial rollout of products, and R&D.

Multibagger update: Shares of this sugar company surged 366 per cent in just two years!
Multibagger update: Shares of this sugar company surged 366 per cent in just two years!

Multibagger update: Shares of this sugar company surged 366 per cent in just two years!

Meanwhile, the shares of this multi-bagger have surged 366.7 per cent in two years on the bourses.  Besides, the scrip ended 4.19 per cent higher on BSE today.  

Sayali Kotwal Article rating: 4.5

Dwarikesh Sugar Industries Ltd is primarily engaged in the manufacturing of sugar and allied products. It has a strong presence in fields such as sugar manufacturing, power, and ethanol/industrial alcohol production. 

Multibagger update: This Ashish Kacholia stock is outperforming markets; do you own it?
Multibagger update: This Ashish Kacholia stock is outperforming markets; do you own it?

Multibagger update: This Ashish Kacholia stock is outperforming markets; do you own it?

The shares of this company have generated splendid returns for the investors over the years. The scrip surged 269.30 per cent in just one year. Also, if one had invested Rs 1 lakh in this company five years ago, he/she would have received Rs 15.86 lakh!! 

Sayali Kotwal Article rating: 4.3

One of the most-talented Indian investors, Ashish Kacholia, known as the ‘big whale’ or ‘the king of small-cap stocks’ in India has raised his shareholding in the shares of BSE-listed Yasho Industries Limited to 2.60 per cent from 2.55 per cent in the company during April to June 2022 quarter.  

BSE, PTC India and ICICI Bank promoted Hindustan Power Exchange commences operations
BSE, PTC India and ICICI Bank promoted Hindustan Power Exchange commences operations

BSE, PTC India and ICICI Bank promoted Hindustan Power Exchange commences operations

The exchange will initially offer trading in Term Ahead Market, Green Term Ahead Market, and Renewable Energy Certificates.

Shreya Chaware Article rating: 4.1

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. 

IIFL Fintech Fund Invests $2 million in EasyRewardz
IIFL Fintech Fund Invests $2 million in EasyRewardz

IIFL Fintech Fund Invests $2 million in EasyRewardz

Shreya Chaware Article rating: 4.0

Financial Services conglomerate IIFL Group today said that its early-stage investing vehicle IIFL Fintech Fund has invested $2 million in EasyRewardz Software Services Pvt. Ltd, a company that offers services related to loyalty-based rewards as a part of its Series B Funding. EasyRewardz has earlier raised funds from Transcontinental Venture and Flipkart. 

Eris enters Dermatology therapy through the acquisition of Oaknet Healthcare for Rs 650 crore
Eris enters Dermatology therapy through the acquisition of Oaknet Healthcare for Rs 650 crore

Eris enters Dermatology therapy through the acquisition of Oaknet Healthcare for Rs 650 crore

“As Oaknet becomes part of the Eris Group, it provides us with a robust growth platform in the areas of Dermatoloy and Cosmetology." asserts Amit Bakshi, Chairman & Managing Director of Eris Lifesciences Ltd.

Shreya Chaware Article rating: 3.3

Eris Lifesciences Limited, a leading Indian branded formulations manufacturing company, yesterday announced its acquisition of a 100 per cent stake in Mumbai-based dermatology focused domestic formulations company Oaknet Healthcare Pvt Ltd for a total consideration of Rs 650 crore.

Opening Bell: Markets open lower amid weaker global cues, banks, oil and gas, metal shine
Opening Bell: Markets open lower amid weaker global cues, banks, oil and gas, metal shine

Opening Bell: Markets open lower amid weaker global cues, banks, oil and gas, metal shine

Sayali Kotwal Article rating: 5.0

On Thursday morning the markets opened marginally lower, owing to weaker global cues. 

Crude oil price decreased slightly and was trading at USD 120 per dollar, whereas Gold prices also increased by 3 per cent. The Nasdaq was down by 1.32 per cent at market close on Wednesday, whereas the Asian markets also mimicked the weaker sentiments and were trading 0.50 per cent lower 

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