FirstCry shares tumble over 4% after GST department initiates investigation

FirstCry shares tumble over 4% after GST department initiates investigation

Shares of Brainbees Solution-operated FirstCry fell by 4.5% to their day’s low of Rs 597.80 on the BSE after the company informed that the GST department of Mumbai has initiated an investigation at the company’s head office and a warehouse in Pune. “We wish to inform you that the Assistant Commissioner of State Tax, Mumbai … Read more

Small and midcap stocks rally up to 44% in one week amid existing market weakness

Small and midcap stocks rally up to 44% in one week amid existing market weakness

Amid an overall weak market sentiment, individual small and midcap stocks enjoyed their northward rally with shares of WPIL Ltd surging by as high as 44.16% in just one week. Shares of Prudent Corporate Advisory Services rallied 40% to close the week at Rs 3,577.65 on the BSE. The stock had gained 14.75% in the … Read more

Bikaji Foods shares surge 10% post Q2 results, profit after tax up by 14.7%

Bikaji Foods shares surge 10% post Q2 results, profit after tax up by 14.7%

The shares of Bikaji Foods International surged by 10% to day’s high of Rs 918 on BSE post the results of Q2. The revenue from operation grew by 18.5% year-on-year to Rs 7,212 million with profit of 15% YoY. EBITDA grew by 21.7% on a yearly basis to Rs 686 million. The profit after tax … Read more

Hyundai Motor India shares jump 6% a day after dull debut

Hyundai Motor India shares jump 6% a day after dull debut

Shares of Hyundai Motor India surged nearly 6% to Rs 1,928 during Wednesday’s trading session on the BSE, a day after their dull listing on the exchanges. Hyundai Motor India had a weak debut on Tuesday, opening at Rs 1,934 on the NSE, a discount of 1.3%, or Rs 26, below the issue price of … Read more

Sebi orders BSE to not proceed with Trafiksol listing amid concerns over misuse of IPO proceeds

Sebi orders BSE to not proceed with Trafiksol listing amid concerns over misuse of IPO proceeds

Capital markets regulator Sebi has asked the exchange BSE to not proceed with Trafiksol ITS Technologies listing amid serious concerns over misuse of the net proceeds received from the IPO. Sebi said it received complaints from various entities regarding a purchase of a software from a third party vendor, which on prima facie appears to … Read more

Easy Trip Planners board to consider bonus share issue on October 14

Easy Trip Planners board to consider bonus share issue on October 14

The board of Easy Trip Planners-owned EaseMyTrip will be considering and approving the issue of bonus shares in its upcoming board meeting scheduled on Monday, October 14. “We wish to inform that a meeting of Board of Directors of the Company is scheduled to be held on Monday, October 14, 2024 at 01:00 P.M. through … Read more

Jyoti Structures shares surge 10% after big shark Ashish Kacholia buys 2.52% stake

Jyoti Structures shares surge 10% after big shark Ashish Kacholia buys 2.52% stake

Shares of Jyoti Structures surged 10% to a day’s high of Rs 29.3 in Tuesday’s trade on the BSE after ace investor Ashish Kacholia acquired a 2.52% stake in the small-cap firm. Meanwhile, by 10:13 am, the stock was trading 7.7% higher at Rs 28.8. Jyoti Structures’ shares have also risen by 91% over the … Read more

BSE, Coforge among 6 small and midcap stocks that hit 52-week highs on Monday – Top Performers

BSE, Coforge among 6 small and midcap stocks that hit 52-week highs on Monday – Top Performers

Indian Railway Finance Corporation Share Price 144.35 03:59 PM | 7 Oct 2024 -7.72(-5.08%) Suzlon Energy Share Price 70.93 04:10 PM | 7 Oct 2024 -3.74(-5.01%) Indian Renewable Energy Development Agency Share Price 211.13 04:10 PM | 7 Oct 2024 -10.54(-4.76%) Tata Motors Share Price 927.85 04:11 PM | 7 Oct 2024 -2.9(-0.32%) YES Bank … Read more

Stopping Nifty weekly expiry will deprive hedging opportunity: Anand James

Stopping Nifty weekly expiry will deprive hedging opportunity: Anand James

After BSE has announced that it will discontinue Bankex weekly expiries, the market is rife with speculations that NSE may choose Nifty Bank over Nifty as both exchanges have to pick one expiry under new Sebi rules. Nifty Bank brings in higher volumes for the exchange, and better trading opportunities for speculators, but if Nifty … Read more