Shares of Knowledge Marine & Engineering Works, a multibagger stock backed by ace investor Ashish Kacholia, are set to trade ex-split on Monday, December 22, 2025, with the company having fixed that day as the record date for its upcoming stock split. That makes today, December 19, the last day to buy shares to be … Read more
NOVA Control Tecnologix (NOVA), a deep-tech subsidiary of e2E Transportation Infrastructure, in partnership with city-based Tata Elxsi (a Tata Group firm), would develop Kavach 4.0, the next generation of India’s indigenous Automatic Train Protection (ATP) system, said to be a milestone in railway safety and technology innovation. NOVA, a newly floated arm of e2E, has … Read more
Bajaj Finance delivered a strong operational performance in the second quarter of FY26, posting a 24% year-on-year (YoY) jump in Assets Under Management (AUM) to approximately Rs 4,62,250 crore, up from Rs 3,73,924 crore as of 30 September 2024. The company’s deposit book expanded by 5.4% to around Rs 69,750 crore, compared to Rs 66,131 … Read more
A virtual annual general meeting of GKB Ophthalmics, a microcap firm in the medical equipment segment, has gone viral on social media after a shareholder who reportedly owns just one share launched a strongly worded attack on the company’s management. The video, widely circulated by several X users in their posts, shows investor Abhishek Kalra … Read more
The Jayanagar police on Tuesday arrested a 40-year-old manager of a private firm and recovered 1.4 kg of gold valuables and 1 kg of silver articles worth ₹89.09 lakh, which he had allegedly stolen from his office in the last few years. Karthik, a resident of Tyagarajanagar, was working as a manager in the firm … Read more
Mumbai: HDB Financial Services has raised ₹3,369 crore from 141 anchor investors ahead of the opening of its ₹12,500 crore initial public offering (IPO) on June 25. The company allotted 45 million shares at upper price band of ₹740 apiece to these institutional investors. Anchors include LIC, ICICI Prudential Mutual Fund, SBI Mutual Fund, etc. … Read more
Why the Interest Coverage Ratio Matters A high ICR suggests that a company is generating enough earnings to comfortably meet its interest obligations, indicating strong financial health and lower risk of default. A low ICR can signal financial strain, as the company may struggle to pay interest, potentially leading to higher financial risk. Source link
Insider deals refer to transactions made by company executives, directors, or major shareholders, involving the buying or selling of shares in their own company. These transactions often provide valuable insights into a company’s future prospects, as they are based on the knowledge of those who have a deep understanding of the company’s operations and financial … Read more
MUMBAI: Ant Financial, the fintech arm of Chinese e-commerce giant Alibaba Group, is planning to offload shares worth nearly Rs 2,200 crore in One97 Communications, the parent company of Paytm, via block deals on Tuesday. Shares are likely to be offered at a floor price of Rs 809.7 apiece — a 6.4% discount to Paytm’s … Read more
The Central Bureau of Investigation (CBI) has registered a corruption case against a Chief Engineer of the Konkan Railway Corporation Limited and a private company, along with its directors, on bribery charge. The accused persons have been identified as Sumeet Khajuria, a 2005-batch Indian Railway Service of Engineers (IRSE) officer posted as a Chief Engineer … Read more