India’s technology sector revealed a contrasting pattern in 2024, with venture capital and private equity investments favoring consumer tech, while IT services led the charge in mergers and acquisitions. In the largest private equity deal in India’s technology space for 2024, Swedish firm EQT acquired a controlling stake in healthcare technology services company GeBBS Healthcare Solutions.
Open FlipToday, shares of Teamo Productions HQ Ltd hit a 5 per cent upper circuit to an intraday high of Rs 2.31 per share from its previous closing of Rs 2.26 per share. The stock’s 52-week high is Rs 2.78 per share and its 52-week low is Rs 1.01 per share. The company has a market cap of Rs 223 crore and working capital requirements have been reduced from 4,804 days to 40.6 days.
Open FlipSmall-cap stock under ₹100: Shares of Cellecor Gadgets were locked in the 5 per cent upper circuit in intra-day trade on Friday, December 27 after the company partnered with a subsidiary of Dixon Technologies to expand its home appliance portfolio. The small-cap stock, which is part of the NSE Emerge index, told stock market exchanges via a filing on December 26.
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