Shreeji Translogistics Ltd, Signet Industries Ltd, Murae Organisor Ltd and Avro India Ltd are among the other losers in the BSE’s ‘B’ group today, 16 August 2024.
Posts in category Business Standard
Orient Technologies’ Rs 215 cr IPO to open for subscription on Aug 21 (16-08-2024)
Information technology solutions provider Orient Technologies Ltd on Friday said it has fixed a price band of Rs 195-206 a share for its Rs 215-crore initial public offering.
The initial share sale will open for public subscription on August 21 and conclude on August 23, the company announced.
The initial public offering (IPO) is a combination of a fresh issue of Rs 120 crore and an offer for sale of up to 46 lakh equity shares valued at Rs 95 crore, at the upper end of the price band, by promoters. This aggregates the transaction size to Rs 215 crore.
Those offloading shares in the OFS are Ajay Baliram Sawant, Umesh Navnitlal Shah, Ujwal Arvind Mhatre, and Jayesh Manharlal Shah.
Proceeds from the fresh issue to the tune of Rs 79.65 crore will be used for funding capital expenditure requirements, Rs 10.35 crore for the acquisition of office premises at Navi Mumbai, and a portion will also be used for general corporate purposes.
Investors can bid for a minimum of 72 equity shares a
Volumes jump at RHI Magnesita India Ltd counter (16-08-2024)
RHI Magnesita India Ltd witnessed volume of 86.33 lakh shares by 14:14 IST on NSE, a 57.75 times surge over two-week average daily volume of 1.49 lakh shares
Coromandel Int’l stock hits all time high on resuming ops at Chennai plant (16-08-2024)
Coromandel International stock rose as much as 5.60 per cent in intraday deals to hit a fresh all time high of Rs 1,779.90 per share.
Pitti Engineering shares hit new high after stellar Q1; up 89% in 6 months (16-08-2024)
Pitti Engineering’s stock surged up to 5.90 per cent, at Rs 1,378.90 per share on the NSE in Friday’s intraday trade
Mohindra Fasteners consolidated net profit declines 47.75% in the June 2024 quarter (16-08-2024)
Sales decline 25.65% to Rs 31.57 crore
Robert Resources consolidated net profit declines 51.43% in the June 2024 quarter (16-08-2024)
Sales decline 87.55% to Rs 0.99 crore
Suumaya Industries reports consolidated net loss of Rs 862.42 crore in the June 2024 quarter (16-08-2024)
Sales rise 71.90% to Rs 15.66 crore
Global rally, DII buying: Reasons why BSE Sensex jumped 1,300 pts on Aug 16 (16-08-2024)
Hopes of US rate cut triggers global stock market rally: The BSE Sensex rallies past the 80,000 mark, and the NSE Nifty surges atop 24,400 led by strong gains in IT and private bank shares on Friday.
Glenmark Pharma hits lifetime high on steady Q1 show; Ebitda soars 34% YoY (16-08-2024)
Glenmark Pharmaceuticals stock surged up to 5.68 per cent, hitting its all time high at Rs 1,576 per share on the NSE in Friday’s intraday trade