On Tuesday, August 27, 2024, the stock market witnessed a significant transaction involving Rolex Rings Ltd., where as many as 5.2 lakh shares, equating to 2% of the company’s equity, exchanged hands through a block deal window. The transaction, valued at Rs 126 crore, was executed at a price of Rs 2,519 per share. The …
GPT Infraprojects Limited, the leading company within the GPT Group, is a prominent infrastructure firm headquartered in Kolkata. Specializing in the railway sector, it undertakes a range of civil and infrastructure projects, with a particular emphasis on constructing large bridges and road overbridges (ROBs) for railway applications. The company is recognized for its expertise and …
Tata Elxsi is recognized as one of the world’s leading providers of design and technology services, offering innovative solutions across various industries, including Automotive, Broadcast, Communications, Healthcare, and Transportation. The company is at the forefront of helping its customers reimagine their products and services through the adoption of design thinking and the application of cutting-edge …
Medi Assist Insurance TPA Private Limited (Medi Assist TPA), a subsidiary of Medi Assist Healthcare Services, has signed definitive agreements to acquire Paramount Health Services & Insurance TPA Pvt. Limited (Paramount TPA). Paramount TPA is a key player in the Third-Party Administrator (TPA) space, owned by Fairfax Asia and the Shah family. This acquisition will …
India’s market regulator, the Securities and Exchange Board of India (SEBI), has issued show-cause notices to Vijay Shekhar Sharma, the founder of One 97 Communications Ltd (Paytm’s parent company), and board members who were in office during the firm’s initial public offering (IPO) in November 2021. The notices allege misrepresentation of facts, particularly concerning Sharma’s …
On August 27th, Trent Ltd went through a major transaction as a large block deal was executed before market opening. In this deal, approximately 6.8 lakh shares were sold at a price of Rs.6,925 per share, amounting to a total transaction value of Rs.470 crore. The deal price was closely aligned with the stock’s previous …
Bajaj Finserv Ltd. is the holding company for the various financial services businesses under the Bajaj group. It serves millions of customers by providing solutions for asset acquisition through financing, and asset protection through general insurance. Has recently crossed the Rs 1700 mark, signaling a potential bullish breakout after a prolonged period of consolidation. This …
On August 27, 2024, ZEE Entertainment Enterprises Ltd (ZEE) and Culver Max Entertainment Pvt. Ltd (CMEPL), which operates as Sony Pictures Networks India (SPNI), along with their group company Bangla Entertainment Pvt. Ltd (BEPL), reached a non-cash settlement. This agreement resolves all disputes related to their merger and other legal matters. As part of the …
Penny stocks, typically trading below ₹10, can draw investors seeking investment options at minimal investment. However, their low price and volatility can make them risky. Focusing on fundamental strength is crucial to identifying penny stocks with strong potential. This involves evaluating financial health, revenue growth, profitability, and market position. In this article, we have listed …
UltraTech Cement Limited informed the stock exchanges that the company has successfully secured a US$500 million sustainability-linked loan, with the participation of six prominent banks. The company added that this transaction marks the company’s second sustainability-linked financing, following its initial sustainability-linked bond issuance in 2021. The loan underscores UltraTech’s commitment to integrating sustainability into its …
