Articles for category: Business

Rajiv Sharma

Investor buys 2.2 crore shares of company, stock hits upper circuit at ₹26.

Investor buys 2.2 crore shares of company, stock hits upper circuit at ₹26.

Investing in small-cap companies can yield significant returns if one chooses wisely. One notable stock currently gaining attention is Jyoti Structures Limited, a company that operates in the infrastructure and engineering sector. The stock has recently seen an increase in its value, making it a focal point for investors seeking new opportunities in the market. ...

Rajiv Sharma

Shares rise 90,000% from ₹2, turning ₹10,000 investment into ₹90 lakh, big bet from Mukesh Ambani.

Shares rise 90,000% from ₹2, turning ₹10,000 investment into ₹90 lakh, big bet from Mukesh Ambani.

In recent times, Lotus Chocolate Company, backed by Reliance Industries, has emerged as a standout in the stock market, delivering impressive returns to its shareholders. The company has witnessed a staggering surge in its stock price, which has skyrocketed from ₹35 in September 2021 to an astonishing ₹1,807 per share. This remarkable growth of 5,062% ...

Rajiv Sharma

Investors rush to buy ₹3 shares, unaffected by market turmoil, prices rise 10%

Investors rush to buy ₹3 shares, unaffected by market turmoil, prices rise 10%

In recent times, penny stocks have garnered significant attention from investors, especially in volatile market conditions. A notable example is Advik Capital, whose shares experienced a remarkable increase despite the broader market downturn. This article explores the recent performance of Advik Capital’s stock, factors influencing its rise, and what investors should consider moving forward. Advik ...

Rajiv Sharma

Major auto company cancels IPO application to raise ₹900 crore

Major auto company cancels IPO application to raise ₹900 crore

Introduction Hero Motors Limited, a prominent player in the automotive component manufacturing sector under the Hero Group umbrella, has recently made headlines by withdrawing its application for an Initial Public Offering (IPO) worth ₹900 crore. This decision has left many industry analysts and investors speculating about the future strategies and financial health of the company. ...

Rajiv Sharma

Adani may acquire major cement company; investors react, shares rise 18%

Adani may acquire major cement company; investors react, shares rise 18%

The Adani Group, a major player in various sectors in India, is reportedly in negotiations with Heidelberg Materials, a leading German construction materials company. This potential acquisition could reshape the landscape of the building materials industry in India and signifies the increasing interest of international companies in the expanding Indian market. According to recent reports, ...

Rajiv Sharma

Adani aims to acquire German cement company Heidelberg

Adani aims to acquire German cement company Heidelberg

The Adani Group, one of India’s largest multinational conglomerates, is reportedly eyeing the Indian operations of HeidelbergCement, a global leader in the cement industry. With a presence in 50 countries, HeidelbergCement has established itself as one of the top cement producers in the world, making this potential acquisition significant in the competitive construction materials market. ...

Rajiv Sharma

Shares surged 170% in 3 days post-listing, but now stagnant; experts predict price may drop to ₹110.

Shares surged 170% in 3 days post-listing, but now stagnant; experts predict price may drop to ₹110.

After the explosive listing of Bajaj Housing Finance shares, the stock has been on a continuous decline. This drop has made brokerage firms wary about the stock’s future performance. Notably, global brokerage firm HSBC has assigned a ‘Reduce’ rating to Bajaj Housing Finance Limited, indicating caution among investors. Bajaj Housing Finance: A Quick Overview Bajaj ...

Rajiv Sharma

Zomato CEO shares delivery boy's struggle at mall entrance

Zomato CEO shares delivery boy’s struggle at mall entrance

In a surprising move that highlights the challenges of online food delivery, Zomato’s CEO Deepinder Goyal took on the role of a delivery partner for a day. His experience not only shed light on the realities faced by agents who deliver food but also sparked important conversations about the treatment and working conditions of delivery ...