Godfrey Phillips Shares Surge 9% After 2:1 Bonus Issue: What Investors Should Know
Shares of Godfrey Phillips India Ltd. (NSE: GODFRYPHLP) experienced a notable uptick today, surging by 9% to close at ₹3,720 on the National Stock Exchange. This surge follows the company’s implementation of a 2:1 bonus issue, where shareholders received two additional fully paid-up shares for every one share held as of the record date, September…
Redington Shares Surge 16% Amid iPhone 17 Launch Anticipation
Shares of Redington Ltd. (NSE: REDINGTON) experienced a significant uptick today, surging by 16% to close at ₹287.43, marking its largest single-day gain since March 2021. This surge was driven by heightened investor enthusiasm ahead of the iPhone 17 launch, with pre-orders already underway and official sales scheduled to commence on September 19, 2025. Stock…
Vodafone Idea Shares Surge 6.01% Amid High Volume Trading: Key Factors Explained
Shares of Vodafone Idea Ltd. (NSE: IDEA) experienced a notable uptick of 6.01% in today’s trading session, reaching an intraday high of ₹8.17. This surge was accompanied by substantial trading volumes, with over 468 million shares changing hands, making it one of the most actively traded stocks on the exchange. Factors Driving the Surge 1….
Railway Stocks Surge Up to 8%: RailTel, IRCON, IRFC Lead the Rally
Shares of key railway public sector undertakings (PSUs) have witnessed significant gains, with some rising up to 8%. This surge is attributed to a combination of substantial order wins and the government’s renewed focus on infrastructure development, particularly in the North East region. Key Drivers Behind the Surge 1. Substantial Order Wins 2. Government’s Infrastructure…
BEML Partners with DIAT to Foster Innovation in Defence Sector
In a significant move to bolster India’s defence and aerospace capabilities, BEML Limited, a leading public sector undertaking under the Ministry of Defence, has entered into a strategic partnership with the Defence Institute of Advanced Technology (DIAT), a premier deemed university under the Ministry of Defence. The collaboration aims to advance research, support academic programs,…
SEBI Eases Norms for Foreign Investors and IPOs: Key Reforms Explained
In a significant move to bolster investor confidence and enhance the attractiveness of Indian capital markets, the Securities and Exchange Board of India (SEBI) has announced a series of reforms aimed at easing access for foreign investors and streamlining the Initial Public Offering (IPO) process for large companies. 1. Introduction of Single-Window Clearance for Foreign…
JBM Auto Shares Surge 8.5% Following $100 Million IFC Investment for Electric Bus Expansion
Shares of JBM Auto Ltd. experienced a significant uptick, rising by 8.5% on the BSE following the announcement that its subsidiary, JBM Ecolife Mobility, secured a $100 million investment from the International Finance Corporation (IFC). This substantial funding aims to accelerate the deployment of 1,455 electric buses across key Indian states, marking a significant step…
RailTel Secures ₹103 Crore Orders from Nashik & Panvel Municipalities; Stock Rises 2.5%
RailTel Corporation of India Ltd., a public sector enterprise under the Ministry of Railways, has been awarded two significant contracts totaling ₹103.46 crore by municipal bodies in Maharashtra. The projects aim to enhance the Smart City infrastructure in Nashik and Panvel, marking a substantial step in RailTel’s expansion into urban digital solutions. Stock Performance Following…
Sigachi Industries’ Share Price Jumps 37% in Two Days Amid India-US Trade Deal Buzz
Shares of Sigachi Industries, a small-cap pharmaceutical company, have surged approximately 37% over the past two trading sessions, driven by investor optimism surrounding a potential India-US trade deal. The rally has been further fueled by the company’s announcement of a 10% dividend for the fiscal year 2024-25, despite a recent decline in net profit. Stock…
Congress Alleges FRA Violations in Adani Coal Mine Project in Madhya Pradesh
Congress leader Jairam Ramesh has raised serious concerns over the Adani Group‘s coal mining project in Dhirauli, Madhya Pradesh, alleging violations of the Forest Rights Act (FRA) and the Panchayats (Extension to Scheduled Areas) Act (PESA). Ramesh claims that the company has commenced tree felling on government and forest land without the requisite legal clearances,…
