Dixon Technologies (India) (Dixon) and HKC Corporation (HKC) have entered into a Term Sheet for prospective Joint Venture arrangement for manufacturing of Liquid Crystal Modules (LCM), thin film transistor liquid crystal display modules (TFT-LCD Modules), assembly of end products like, smartphones, TVs, monitors and auto displays and selling HKC branded End products in India.
Posts in category Business Standard
ZEEL gains as board OKs raising upto Rs 2,000 cr (06-06-2024)
Zee Entertainment Enterprises (ZEEL) rallied 3.91% after the company announced that its board has given its in-principle approval for raising funds up to Rs 2,000 crore through issuance of shares or eligible securities.
Force Motors May’24 sales rises 14% YoY to 2,412 units (06-06-2024)
Force Motors announced that the vehicle maker has registered 13.88% increase in domestic sales to 2,412 units in May 2024 as against 2,118 units sold in May 2023.
Jaiprakash Associates Ltd leads losers in ‘A’ group (06-06-2024)
GHCL Ltd, Sun TV Network Ltd, RattanIndia Power Ltd and Avenue Supermarts Ltd are among the other losers in the BSE’s ‘A’ group today, 06 June 2024.
Indoco Remedies gains after receiving USFDA nod for type 2 diabetes drug (06-06-2024)
Indoco Remedies added 2.68% to Rs 317.55 after the company has received tentative approval from the US Food and Drug administration (USFDA) for its abbreviated new drug application (ANDA) for canagliflozin and metformin tablets.
SecUR Credentials Ltd leads losers in ‘B’ group (06-06-2024)
Radaan Mediaworks (I) Ltd, Balkrishna Paper Mills Ltd, Hindprakash Industries Ltd and McNally Bharat Engineering Company Ltd are among the other losers in the BSE’s ‘B’ group today, 06 June 2024.
Sensex up 273 pts; IT shares outperforms (06-06-2024)
At 14:30 IST, the S&P BSE Sensex was up 272.91 points or 0.37% to 74,655.16. The Nifty 50 index added 86.45 points or 0.38% to 22,706.80.
NSE sets world record for single-day trading activity (06-06-2024)
NSE CEO Ashish Chauhan announced the milestone on X (formerly Twitter), stating that the exchange processed a staggering 1,971 crore (19.71 billion) orders and witnessed 28.05 crore (280.55 million) trades within a trading session of just 6 hours and 15 minutes.
NSE launches new index targeting high-momentum stocks in Nifty 500 (06-06-2024)
The Nifty500 Momentum 50 selects companies based on a “Normalized Momentum Score” that considers both their 6-month and 12-month price returns while adjusting for volatility. The weight of each stock in the index is determined by a combination of this momentum score and the company’s free-float market capitalization. To prevent excessive concentration, individual stock weight is capped at either 5% or five times its weight based solely on market cap.
Volumes jump at Anupam Rasayan India Ltd counter (06-06-2024)
Anupam Rasayan India Ltd saw volume of 8.61 lakh shares by 14:14 IST on NSE, a 9.88 fold spurt over two-week average daily volume of 87140 shares