Articles for category: Business

Rajiv Sharma

Ashish Kacholia holds 2 crore shares of this company priced at ₹33, consistently in focus.

Ashish Kacholia holds 2 crore shares of this company priced at ₹33, consistently in focus.

In recent times, small-cap stocks have attracted significant attention from both investors and market analysts. This surge in interest can largely be attributed to notable market figures making moves within the sector. One such individual is Ashish Kacholia, a prominent investor in the Indian stock market, whose recent acquisition of shares in Jyoti Structures has ...

Rajiv Sharma

Share surges on news of a major order of 2039 crore rupees from SIDCO

Share surges on news of a major order of 2039 crore rupees from SIDCO

PNC Infratech, a prominent player in the Indian infrastructure sector, is gaining significant attention in the stock market. On the National Stock Exchange (NSE), the company’s shares were trading around ₹454 with an increase of over 3% around noon. This rise is part of a broader bullish trend, as the stock has appreciated nearly 8% ...

Rajiv Sharma

Weather impact may lead to rise in vegetable prices and inflation.

Weather impact may lead to rise in vegetable prices and inflation.

The retail and wholesale inflation figures are set to be released today, providing crucial insights into the economic landscape. With economists keenly monitoring these indicators, understanding the trends in inflation can help consumers and businesses alike make informed decisions. Recent surveys indicate a varied forecast for retail inflation, sparking discussions about its implications for the ...

Rajiv Sharma

IT company may announce bonus shares, watch stocks tomorrow for details

IT company may announce bonus shares, watch stocks tomorrow for details

Wipro Ltd, one of India’s leading IT services companies, is expected to announce bonus shares soon. The company’s board meeting is scheduled for October 17, where a decision will be made regarding the issuance of bonus shares. In addition to this significant development, Wipro is also anticipated to release its quarterly results on the same ...

Rajiv Sharma

Company announces bonus shares after 13 years, 5 free shares for each share, impressive returns received

Company announces bonus shares after 13 years, 5 free shares for each share, impressive returns received

Bonus stocks represent a strategic method companies utilize to reward existing shareholders by issuing additional shares. Recently, Shakti Pumps announced an impressive plan to issue five bonus shares for every one share held by investors. This decision marks the company’s return to offering bonus shares after a 13-year hiatus, with the last occurrence in 2011 ...

Rajiv Sharma

New IPO opening from October 16 with price band of ₹180, indicating 75% profit in gray market.

New IPO opening from October 16 with price band of ₹180, indicating 75% profit in gray market.

In recent times, Initial Public Offerings (IPOs) have attracted significant interest from investors looking to capitalize on new opportunities within the stock market. With several IPOs scheduled for the upcoming week, including an SME (Small and Medium Enterprises) IPO, investors are keen to understand the potential and dynamics involved. One standout offering is the Lakshya ...

Rajiv Sharma

Company offering 3 free shares for every 1 purchased, record date approaching, buying frenzy at ₹219 per share.

Company offering 3 free shares for every 1 purchased, record date approaching, buying frenzy at ₹219 per share.

In the dynamic world of investments, bonus shares can often attract significant attention, particularly in niche markets such as penny stocks. Grovy India Ltd, a company engaged in the real estate sector, is set to make headlines with its first-ever bonus issue, offering investors an enticing opportunity for growth and shareholder value. Understanding Bonus Shares ...

Rajiv Sharma

Up to 9.5% interest on savings, investors can earn more from these banks

Up to 9.5% interest on savings, investors can earn more from these banks

The Reserve Bank of India (RBI) has opted to maintain its key interest rate, known as the repo rate, while simultaneously moderating its previously aggressive stance. This decision marks the initial step towards a potential reduction in interest rates in the future. Understanding the implications of this decision is crucial for various stakeholders, including consumers, ...