Commercial Syn Bags Ltd is a packaging company having a market capitalization of Rs. 502.20 crores. The firm's Board of Directors today changed the record date from November 19, 2022, to November 25, 2022, to determine shareholder eligibility for the issue of Bonus shares in the ratio of 2:1. Through bonus shares, a total of 2,66,34,800 equity shares of 10 each are planned to be granted.
Open FlipOn the cryptocurrency exchange FTX, the native token of the Tron network, TRX, increased 393% in 24 hours, from 6 cents to $2.5. On other significant exchanges like Binance and OKX, the coin is still trading for purchase for 6 cents. BTT, SUN, and JST also skyrocketed on FTX when compared to other exchanges.
Open FlipKotak Mahindra Asset Management Company Ltd (KMAMC) announced the launch of an open-ended silver ETF on Thursday. This fund will allow investors to hedge against continued economic uncertainties and geopolitical dangers in numerous key global economies. The new fund offering (NFO) will be available for subscription on November 21 and will conclude on December 5, with no burden for investors.
Open FlipEgyptian fintech platform Blnk closed one of the country's biggest funding rounds for a startup in 2022. It garnered $32 million in its latest funding round, co-founder and CEO Amr Sultan stated. The startup raised $23.7 million in equity and debt funding and $8.3 million in securitised bond issuance. It will deploy the capital to accelerate financial inclusion within underserved communities.
Open FlipGaruda Aerospace garnered $5 Mn in funding from a large infra-development company, a group of HNI and angel investors from India, UAE and Singapore. The drone-as-a-service (DaaS) startup will deploy fresh funds to develop advanced drone solutions for the armed forces in collaboration with global giants from the defence and aerospace sectors.
Open FlipDogecoin currently trades at $0.08127. In the last 24 hours, the coin moved 1.23% to the downside and decreased by 38.75% in the last seven days. The 9th largest cryptocurrency is moving in tandem with the rest of the market. The 24-hour trading volume is at $2.8 Billion, which is a 16.38% decrease in the last 24 hours.
Open FlipThe top 1000 #ETH whales are hodling: $79M SHIB (Shiba Inu), $59M MKR (Maker) $51M LOCUS (Locus Chain), $43M UNI (Uniswap), $42M BIT (BitDao), $36M LINK (Chainlink), $32M BEST (Bitpanda Ecosystem Token), $30M MATIC (Polygon). The overall market was in red today. This data is given out by WhaleStats, a platform that tracks the movements of crypto whales.
Open FlipEicher Motors' consolidated net profit surged by 76% YoY to ₹656.86 crore in Q2FY23 in comparison to a net profit of ₹373.20 crore in the year-ago period. The automaker's consolidated revenue from operations stood at ₹3,453.43 crore in the quarter under review, thus growing by 55.8% from the revenue of ₹2,216.40 crore posted a year ago.
Open FlipAXISCADES Technologies, a provider of engineering solutions, reported a multifold increase in net profit at ₹21.08 Cr during the quarter that ended September 30, aided by increased revenues. It had a net profit of ₹2.77 Cr in the July-September period of the preceding fiscal year 2021-22. Total income for the company increased to roughly ₹200 Cr, up from ₹138.84 Cr in the previous quarter.
Open FlipSources claimed that Indian Oil Corp has offered one diesel cargo to be loaded in early December. This is the oil marketing company's first export in nearly 3 months. The tender to sell up to 16,460 tonnes of diesel loading from Paradip will close on Nov 11. Even bids are expected to remain valid until the close of the same day. It had previously sought diesel for June's arrival in spot market.
Open FlipAccording to Arthur Hayes, major cryptos could go down to between $10,000 and $15,000 for Bitcoin, between $750-$1,000 for Ethereum, and $3 for Solana. Hayes claims that money managers who were negatively impacted by the FTX scenario would restrict the amount of trading venues they utilize, leading to another liquidity crisis in the market that will be the primary driver of another downturn.
Open FlipNHPC logged a 21.56% increase in its consolidated net profit at Rs 1,685.81 crore in Q2FY23 in comparison to a net profit of Rs 1,386.81 crore in the quarter ending on September 30, 202. The healthy profit was driven by higher revenues. The state-owned company's total income improved to Rs 3,529.31 crore in the reporting quarter as compared to Rs 3,165.59 crore in the same period a year ago.
Open FlipWith over 20,000 cryptocurrencies in circulation, choosing the right one for you can be challenging. Thus, Mudrex Coin Sets enable you to invest in crypto indices, i.e., theme-based crypto baskets, to help you make the right choice. Simply invest in sectors that are relevant to you.
Open FlipAn update on the tens of millions of SOL that will be released today has been given by the Solana Foundation. Based on the explanations given, 28.5 million of the 29 million SOLs that have been unlocked—or 5.4% of the entire token offering—are being sent back to staking and will be unlocked at a later date.
Open FlipHindustan Construction Company's consolidated net profit surged by 129% YoY to Rs 319.03 crore in Q2FY23 driven by improved operational efficiencies. The company logged a consolidated net profit of Rs 139.23 crore in the year-ago period. Its consolidated income in Q2FY23 plunged to Rs 2,515.15 crore as compared to Rs 2,834.84 crore in the year-ago period.
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