Category: Stock

​Lupin among 7 stocks that hit 52-week high; rally up to 25% in a month​ – Gains Defy Downturn

On Friday, the benchmark Sensex tumbled 961 points to settle at 81,287. Even amid the sharp market decline, seven stocks within the BSE 100 index climbed to their 52-week highs, reaching their strongest levels over the past year. Investors typically interpret such milestones as bullish indicators, reflecting solid upward momentum and the possibility of continued […]

Astra Microwave to demerge space, meteorology & hydrology biz into a separately listed entity

Astra Microwave Products on Friday announced that its board has granted in-principle approval to demerge its space, meteorology and hydrology business into a separate entity, aiming to enable sharper management focus and improved operational efficiency. The company expects to complete the demerger by Q1 FY28. In an exchange filing, the defence electronics player said the […]

Vishal Mega Mart bulk deal: Govt of Singapore, HDFC MF buy stakes as promoter sells 14% for Rs 7,636 crore

The Government of Singapore and HDFC Mutual Fund acquired promoter stakes worth Rs 1,485 crore and Rs 1,100 crore, respectively, in Vishal Mega Mart through separate bulk deals on Friday. The Monetary Authority of Singapore also emerged as a key buyer, picking up shares worth Rs 858 crore in the grocery-to-fashion retailer. Promoter entity Samayat […]

Investors’ preference shifting from FDs, real estate to equities, post Covid: Zerodha’s Nithin Kamath

Zerodha founder & CEO Nithin Kamath highlights a clear shift in investor preference since the Covid-19 pandemic, with money moving away from fixed deposits and real estate towards equities. He also points to a sharp rise in unique and first-time investors during this period. Interestingly, Kamath said that mutual funds have emerged as the biggest […]

Listed non-banking finance firm Credent Global Finance raises Rs 30 crore via QIP

BSE-listed non-banking financial company Credent Global Finance Ltd has raised Rs 30 crore through a qualified institutional placement (QIP), strengthening its growth capital base following a sharp surge in quarterly earnings. The completion of QIP reinforces investor confidence in the company’s evolving financial services platform and long-term growth strategy, the company said. Socradamus Capital Pvt […]

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