ONGC Shares Rise After Being Motilal Oswal’s Top Oil and Gas Pick for 2023
Brokerage Motilal Oswal Financial Services has retained its ‘buy’ call on ONGC with a price target of Rs 198 per share, making it a top...
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LIC Pares Stake in NMDC
Life Insurance Corporation of India (LIC) disclosed that it dropped its stake in NMDC from 15.772% to 13.699%. The company sold 6,07,50,576 shares, or 2.073%...
Meta Acquires Smart Eyewear Startup Luxexcel
Meta acquires Dutch smart glasses company Luxexcel. Meta confirmed the acquisition to TechCrunch, saying, “the addition of the Luxexcel team to Meta deepens the existing...
IRB Infra Gets Fresh Boost After Raising Rs 700 Crore
Shares of IRB Infrastructure Developers rose on January 2 after the company said one of its special purpose vehicles (SPVs) raised Rs 700 crore through...
Edelweiss Financial Launches Debt Paper Earning Up to 11% Returns
Today, Edelweiss Financial Services announced a public offering of secured callable non-convertible debentures (NCDs) to raise up to Rs 400 crore from investors. The issue...
Rishabh Instrument Files Draft IPO Documents with Sebi to Raise Funds
Nashik-based Rishabh Instruments Ltd has filed a draft red herring prospectus with the Securities and Exchange Board of India (Sebi) to raise funds through an...
PTC India Shareholders Approve Final Dividend of Rs 5.80 Per Equity Share
On Monday, Power trading solutions provider PTC India said its shareholders had approved a final dividend of Rs 5.80 per equity share for 2021-22. The...
SSWL Gains as Net Turnover Soars 43% YoY in December 2022
After increasing net turnover by 42.58% to Rs 334.41 crore in December 2022 from Rs 234.54 crore in December 2021, Steel Strips Wheels (SSWL) advanced...
Granules India Ltd Fall for Fifth Straight Session
On NSE, Granules India Ltd is quoting Rs 316.6, down 0.69%. The stock slipped to 5.76% in 2022 compared to a 3.24% rally in Nifty...
KMEW Shares Rise More than 2,900% over Issue Price
Knowledge Marine & Engineering Works (KMEW) Shares rallied 11% in Monday’s intra-day trade, hitting Rs 1,129.85 on the BSE. The ongoing work is 50% complete....