Tag: StockMarketNews
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MTNL Stock Increases by over 18% after Robust Monetisation Earnings
MTNL stock surged 18% after the government revealed ₹2,134.61 crore earnings from asset monetisation. Learn how MTNL’s strategy is boosting its financial health and investor confidence.
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Transformers & Rectifiers Wins ₹166.45 Crore Order: A Strategic Milestone for the Company
Transformers & Rectifiers (India) Ltd has secured a significant ₹166.45 crore order from Hyosung T&D India for the supply of single-phase transformers in power transmission projects. This strategic contract, along with a 1:1 bonus issue and a ₹750 crore QIP, positions the company for sustained growth and expansion in the energy sector.
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TVS Supply Chain Shares Surge 7% After TVS Motor’s Block Deal Stake Acquisition
TVS Supply Chain Solutions' stock surged 7% after TVS Motor acquired 20 lakh shares in a block deal, signaling confidence in the company despite recent financial challenges. Explore the impact of this move and the company’s financial outlook.
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Bank of Baroda Board Approves Rs 8,500 Crore Fundraising Plan
Bank of Baroda has approved a plan to raise Rs 8,500 crore through a Qualified Institutional Placement (QIP) to boost its capital base and support growth. This move is part of the bank's strategy to strengthen its financial position and enhance its lending capacity.
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Jupiter Wagons Bags Rs 600 Crore Order from Ambuja Cement and ACC: A Significant Milestone for the Company
Jupiter Wagons has secured a significant Rs 600 crore order from Ambuja Cement and ACC for the supply of BCFCM rakes, pushing its order book to an impressive Rs 7,000 crore. This milestone highlights the company's strong market position and growth prospects in the railway freight sector.
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Info Edge (India) Approves Sub-division of Equity Shares
Info Edge (India) has announced a stock split, reducing the face value of its shares from Rs 10 to Rs 2. This strategic move aims to improve liquidity, make the stock more accessible to retail investors, and potentially boost market participation.