Page 5 - News

Laxmi Organic makes decent debut, lists at 20% premium over issue price

The initial public offer (IPO) of Laxmi Organic Industries had received a robust response from the investors

Rossari Biotech slips 5% after board approves Rs 300 cr preferential issue

Rossari proposes to utilise the net proceeds to evaluate and invest in inorganic growth opportunities, within its core chemistries, with a view to diversify its product portfolio

Insecticides board to mull share buyback on March 30; stock surges 11%

The board of directors of the agrochemicals company is scheduled to meet on March 30, to consider share buyback proposal.

Jubilant Ingrevia rises 5% as Rakesh Jhunjhunwala raises stake in firm

The shares of the firm were listed on the bourses on March 19 in the list of T Group of Securities

Top headlines: Amazon gets HC notice on Future-RIL deal; MobiKwik plans IPO

Business Standard brings you stories that made the headlines Monday: a court order on Amazon's legal fight against Future Retail to Maruti raising car prices in April.

Nilkamal hits over 2-year high as promoters increase stake via open market

The stock of plastic products company surpassed its previous high of Rs 1,985 touched on February 12, 2021

Intellect Design Arena zooms 69% so far in March on healthy revenue outlook

Healthy traction in IGCB and iSEEC is expected to drive revenues going forward

Easy Trip IPO opens today: All you must know before hitting subscribe

Easy Trip has no listed peers in the domestic market, having a similar operating model although it faces competition from private players like Cleartrip, MakeMyTrip and Yatra Online

IDBI Bank surges 17% as RBI removes lender from PCA framework

IDBI Bank's exit from the PCA framework eases the rules for lender to expand its business

Magma Fin up 5% as shareholders approve share issue to Poonawalla-led firm

The shareholders have approved the company's plan to raise up to Rs 3,456 crore by issuing preference equity shares to Adar Poonawalla-led firm

JMC Projects surges 13% on winning project worth Rs 1,000 crore in Maldives

The company has signed an agreement with Fahi Dhiriulhun Corporation Limited (FDC) for the design, finance and construction of 2,000 social housing units in Hulhumale Island of Maldives

BPCL tanks 6% after BPCL Trust offloads up to 7% stake in firm

The company's board has approved the sale of BPCL equity shares which are held by the BPCL Trust for Investment in shares through accelerated book built offering

Astral Poly jumps 5% on fixing record date for 1:3 bonus share issue

The company has fixed March 19 as the record date for the 1:3 bonus share issue

Stocks to watch: Aarti Drugs, Adani Ports, PVR, IndiGrid, Just Dial

Multiplex major PVR plans to invest Rs 150 crore to open up to 40 screens across the country in the next fiscal

Laurus Labs falls 5% as promoters sell 1.3% stake in company

Laurus Labs said the significant part of the above amount shall be utilized to release the pledge on their equity shares of the company

RPP Infra surges 9%, hits 52-week high on bagging orders worth Rs 1,000 cr

The company, on Wednesday, announced that it has received four letters of acceptance for four new projects

Ion Exchange slips 4% as Rakesh Jhunjhunwala sells stake in firm

At the end of the December 2020 quarter, Jhunjhunwala held a 5.29 per cent stake in Ion Exchange.

Is MTAR Tech IPO worth subscribing? All you wanted to know

The company looks to raise up to Rs 596.41 crore via a combination of fresh issue of shares worth Rs 123.51 crore and an offer for sale of Rs 472.90 crore

RailTel Corporation rises for third day; stock up 85% over issue price

The scrip jumped 19 per cent over its previous close to hit an intra-day high of Rs 173.50 on the BSE

Shipping Corp surges 19% as govt gets multiple bids for privatisation

DIPAM, in December, had invited EoI for strategic disinvestment of its entire stake of 63.75 per cent in Shipping Corp of India