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Synopsis: Shares of this small cap stock surged 8% after Q3 results showed 60% QoQ net profit growth and revenue above Rs. 1,000 cr for the second consecutive quarter, driven by operational efficiency, 4PRO contracts, and automation initiatives. The shares of this company are in the business of manufacturing and marketing special refractory products, systems, and services to the steel industry in India and globally are in the spotlight after it rose by 8% following Q3 results with a 60 percent ...Read More >
KARUR: Saturday's deadly stampede at the TVK rally in Tamil Nadu, which left 40 people dead, was a tragedy in the making from the word go.To start with, it was the timing. TVK president Vijay was supposed to arrive at the rally between noon and 1pm. But by the time he reached the spot, it was 7pm. As a result, the crowd had swelled, way beyond the venue at Velusamypuram could hold. Fans and cadres had assembled at the venue from 11am, transforming the place into a carnival as songs were played. ...Read More >
Epack Prefab Technologies' Rs 504-crore initial public offer (IPO) witnessed a lukewarm start on Wednesday, the first day of bidding, as the issue was subscribed 7% in the first couple of hours of the issue opening. Investors bid for 11.5 lakh shares against 1.76 crore shares on offer, data from NSE showed. The IPO is priced between Rs 194 and Rs 204 per share and includes a fresh issue worth Rs 300 crore along with an offer for sale of Rs 204 crore. As of 12 noon, the IPO was subscribed 7%, a ...Read More >
CHENNAI: The Tambaram Corporation has fixed fines ranging from Rs 10,000 to Rs 1 lakh for the sale and use of banned single-use plastic, in an attempt to discourage use of single-use plastic. The civic body said that any shop or commercial establishment found violating the rules would have the plastic items confiscated and be liable to pay the fine, depending on the size of the establishment and the number of violations committed. In a press release, the corporation said that under G.O. 35, th ...Read More >
Mysuru: Additional deputy commissioner P Shivaraju urged devotees to celebrate Ganesh Chaturthi in an eco-friendly and harmonious way.Presiding over a meeting on the Ganesha festival held at the deputy commissioner's office, he highlighted the importance of using eco-friendly clay Ganesh idols to avoid environmental harm. He warned that idols made of plaster of paris (PoP) and painted with colours release toxic chemicals into waterbodies like lakes, wells, and streams when immersed, which is har ...Read More >
Stocktwits - Shares of Gabriel India surged another 20% to hit ₹1,011.30 on Wednesday, adding to Tuesday's sharp gains as investors cheered its board-approved restructuring plan aimed at transforming the company into a diversified mobility solutions provider. The board approved the merger of Anchemo India into Asia Investments Private (AIPL), followed by the subsequent demerger of its automotive undertaking. The stock has risen 67% this week, surging past the ₹1,000 mark. SEBI-registered analy ...Read More >
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