Multibagger Stock: 360 ONE Wam stock surge over 13% after net profit jumped
Wed, Apr 24, 2024 11:15 AM

Multibagger Stock: 360 ONE Wam stock surge over 13% after net profit jumped

360 ONE Wam, formerly known as IIFL Wealth Management, saw its share price surge by 13.60% during today's early morning trading session, reaching ₹870 per share. This increase followed the company's release of strong financial results for both the March quarter and the full fiscal year FY 24.The stock's surge today marks a remarkable gain of 101.50% over the past year.

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Piccadilly Agro Consolidated March 2024 Net Sales at Rs 284.59 crore
Wed, Apr 24, 2024 11:14 AM

Piccadilly Agro Consolidated March 2024 Net Sales at Rs 284.59 crore

Reported Consolidated quarterly numbers for Piccadilly Agro Industries are: Net Sales at Rs 284.59 crore in March 2024 up 42.41% from Rs. 199.84 crore in March 2023. Quarterly Net Profit at Rs. 43.34 crore in March 2024 up 819.22% from Rs. 4.72 crore in March 2023. EBITDA stands at Rs. 67.38 crore in March 2024 up 345.34% from Rs. 15.13 crore in March 2023.

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Airtel: 'not in any discussion' to buy Vodafone UK's stake in Indus Towers
Wed, Apr 24, 2024 11:13 AM

Airtel: 'not in any discussion' to buy Vodafone UK's stake in Indus Towers

Telecom major Bharti Airtel on April 24 clarified that it is "not in any discussion" to buy Vodafone UK's stake in Indus Towers. "The Company has no desire to raise its stake beyond what is required for financial consolidation of Indus in the Company, which shall be done as and when appropriate with compliance of applicable disclosure requirements," said Airtel in a stock exchange filing.

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Here's why this portfolio manager thinks time is right to invest in IT
Wed, Apr 24, 2024 11:13 AM

Here's why this portfolio manager thinks time is right to invest in IT

For Ashwini Shami, executive vice president and portfolio manager and co-founder, OmniScience Capital, the time to invest in the information technology space is now, unlike the majority view that advises against it. He is unperturbed by insipid forecasts for the sector and believes that the current slower growth outlook is a short-term concern.

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The board approved a bonus issue of 3:1 and declared dividend of Rs 4/share
Wed, Apr 24, 2024 11:10 AM

The board approved a bonus issue of 3:1 and declared dividend of Rs 4/share

Remus Pharmaceuticals Ltd jumped more than 9 per cent today due to the outcome of recently held a board meeting where they made some important financial decisions for the upcoming fiscal year 2023-24. The company has declared a second interim dividend of Rs 4 per equity share, with each share having a face value of Rs 10.

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Premier Energies files DRHP to raise Rs 1500 cr
Wed, Apr 24, 2024 11:10 AM

Premier Energies files DRHP to raise Rs 1500 cr

Premier Energies Limited, headquartered in Hyderabad, India, the country's second-largest integrated solar cell and solar module manufacturer, has submitted its draft red herring prospectus (DRHP) to the capital markets regulator, SEBI, aiming to raise over Rs 1,500 crore through an initial public offering (IPO). The IPO encompasses a fresh issue of equity shares totaling up to Rs 1,500 crore.

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Multibagger penny stock below Rs 70 bags an order from Defence sector
Wed, Apr 24, 2024 11:08 AM

Multibagger penny stock below Rs 70 bags an order from Defence sector

Lloyds Engineering Works, a leading provider of advanced engineering solutions, is pleased to announce the acquisition of significant orders for naval equipment, marking an important milestone in the company's growth trajectory from the Defence sector. The orders, valued at over Rs 81 crore, encompass Ship steering gear systems and Ship stabiliser systems and are slated for execution over 3 years.

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Ravi Jaipuria announces succession plan in $3 billion RJ Corp
Wed, Apr 24, 2024 11:07 AM

Ravi Jaipuria announces succession plan in $3 billion RJ Corp

RJ Corp, a $3-billion enterprise headed by Ravi Jaipuria, has announced a formal strategic succession plan that places his children, Varun and Devyani, at the forefront, charting the destiny of the conglomerate in the future, as per Economic Times. In this plan, Varun Jaipuria would take over the mantle of the food and beverage division, whereas Devyani Jaipuria would head the health and education

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SBI Card launches 3 credit card variants in travel category with SBI Card
Wed, Apr 24, 2024 11:05 AM

SBI Card launches 3 credit card variants in travel category with SBI Card

Indians are travelling the length and breadth of the country and have become globetrotters thanks to rising incomes. And with their travel plans becoming bigger, they want curated benefits to enhance their experiences. Now, with the travel season at its peak and the rise in spends using travel credit cards, SBI Card has launched three variants of its travel-focused credit card, SBI Card MILES.

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This penny stock is expected to perform well this quarter!
Wed, Apr 24, 2024 11:04 AM

This penny stock is expected to perform well this quarter!

Hampton Sky Realty Ltd has successfully obtained all the necessary government approvals to move forward with a 12-acre commercial development project in Ludhiana. The project is situated along NH-5 on the Ludhiana-Chandigarh Road, within the city's municipal boundaries. The development is planned to have a total built-up area of 600,000 square feet.

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Byju’s founder secures private debt to meet employee salaries
Wed, Apr 24, 2024 11:00 AM

Byju’s founder secures private debt to meet employee salaries

Byju Raveendran, founder and CEO of Byju’s, has reportedly secured a private debt of approximately ₹30 crore to cover the March salaries of employees amidst financial challenges faced by the edtech company, Business Standard reported. While senior-level staff received partial payments, teachers and lower-ranking employees were paid in full for March, it added.

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Low PE; high ROE & high ROCE multibagger stock💰💰
Wed, Apr 24, 2024 11:00 AM

Low PE; high ROE & high ROCE multibagger stock💰💰

Hazoor Multi Projects Limited acquired 100 per cent ownership of Square Port Shipyard Private Limited, a recently incorporated company (founded on November 29, 2022) located in Kolkata, for Rs 3,91,50,000 in cash. Square Port Shipyard is a small company in its first year of operation, with an authorized capital of Rs 15 lakh, a paid-up share capital of Rs 15 lakh, and a net loss of Rs 17,990.

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TATA Cons. Prod Consolidated March 2024 Net Sales at Rs 3,926.94 crore
Wed, Apr 24, 2024 10:59 AM

TATA Cons. Prod Consolidated March 2024 Net Sales at Rs 3,926.94 crore

Reported Consolidated quarterly numbers for TATA Consumer Products are: Net Sales at Rs 3,926.94 crore in March 2024 up 8.52% from Rs. 3,618.73 crore in March 2023. Quarterly Net Profit at Rs. 216.63 crore in March 2024 down 19.35% from Rs. 268.59 crore in March 2023. EBITDA stands at Rs. 668.05 crore in March 2024 up 17.83% from Rs. 566.97 crore in March 2023.

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1:10 stock split & 520 per cent returns in this multibagger penny stock
Wed, Apr 24, 2024 10:58 AM

1:10 stock split & 520 per cent returns in this multibagger penny stock

Shares of OK Play India Ltd plunged 1.26 per cent to Rs 14.08 per share from its previous closing of Rs 14.26 with an intraday high of Rs 14.45 and an intraday low of Rs 13.91. The stock is up by 50.6 per cent from its 52-week low of Rs 9.35 per share. The company's financial performance for FY24 showed significant improvement both in quarterly and annual results.

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Dish TV aims at raising its efficiency by lowering capex, CAC
Wed, Apr 24, 2024 10:57 AM

Dish TV aims at raising its efficiency by lowering capex, CAC

Dish TV India, the country's first direct-to-home (DTH) service provider, has embarked on an ambitious journey to streamline its business operations, focusing on reducing capital expenditure, enhancing customer retention, and minimising customer acquisition costs, its top executive said. The DTH operator on Monday announced its new initiative, Dish TV Smart+.

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