Investors in multiple smallcap and penny stocks, in which entities involved in the multi-crore Mahadev Online Book illegal betting application scam held a stake, have lost up to 37% this month. While Dubai-based alleged hawala operator Hari Shankar Tibrewala and related entities owned more than 30 listed stocks, at least 6 of them have been … Read more
Mumbai: Shares of various small-cap and penny stocks, in which Dubai-based alleged hawala operator Hari Shankar Tibrewala holds a stake, were locked in a lower circuit on Monday following the arrest of his associate, Suraj Chokhani, by the Enforcement Directorate (ED) on Friday. The ED also froze shares owned by Tibrewala (mentioned as Tibrewal in … Read more
There are a host of corporate actions scheduled for this week. India Infrastructure Trust will trade ex-dividend, while Themis Medicare, Gujarat Themis Biosyn will trade ex-split. Whereas, shares of four companies — Jonjua Overseas, Advance Lifestyles, MRP Agro and RMC Switchgear — will trade ex-bonus this week. Shares of Sigachi Industries (Rs 10 to Re … Read more
Mumbai: In the week that wiped off Rs 4 lakh crore of market capitalisation on Dalal Street, investors still managed to make some money in the midcap and smallcap stocks. In the midcap segment, 51 stocks gave positive weekly returns, and in the smallcap segment, the number stood at about 375. The major gainers in … Read more
New Delhi: A handful of Dalal Street debutants, listed at the bourses in the last two months of 2021, are likely to be in focus of Dalal Street in the remaining part of the ongoing calendar year. The mandatory lock of the pre-IPO investors in these 14 mainboard companies, which were listed in November-December 2021, … Read more
New Delhi: Shares of Sigachi Industries made a gravity defying debut on Dalal Street as its shares were listed at Rs 575, at an astounding premium of 253 per cent over its issue price of Rs 163. On the National Stock Exchange (NSE), the scrip was listed at Rs 570, a premium of 250 per … Read more