Share Buyback News: After the market closed, the big news came regarding share buyback. Insecticides India Ltd (NSE: INSECTICID) has informed in the exchange filing that its board directors of the company have approved the purchase of 50 crore shares. The company’s board has approved the purchase at 1,000 rupees per share. The board has approved the purchase through the tender process. The stock of the company jumped 17 %. In The Filing To Exchange, The Company Noted “We wish to inform you that the Board of Directors at its meeting held on August 30, 2024, has, among other things,…
Author: careermotto
careermotto
A self-motivated and hard-working individual, I am currently engaged in the field of digital marketing to pursue my passion of writing and strategising. I have been awarded an MSc in Marketing and Strategy with Distinction by the University of Warwick with a special focus in Mobile Marketing. On the other hand, I have earned my undergraduate degrees in Liberal Education and Business Administration from FLAME University with a specialisation in Marketing and Psychology.
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High Conviction Picks: A brokerage company has put down HDFC Bank Ltd, ITC Ltd, Maruti Suzuki India Ltd, ERIS Lifesciences Ltd along TCI Express Ltd off its lists of the top conviction selections. In addition, the brokerage firm has also included Bharti Airtel Ltd, IndusInd Bank Ltd, Interglobe Aviation Ltd, Lupin Ltd, Mahindra & Mahindra Ltd, BEML Ltd, and Lemon Tree Hotels Ltd in the selections for conviction. Let’s look at these recently added stocks- Bharti Airtel The brokerage says that Bharti Airtel Ltd has 355 million (35.5 crore) customers and 25 million (2.5 crore) customers in the postpaid category.…
Following the approval by the Government of Gujarat, the boards of Gujarat State Petroleum Corporation Limited (GSPCL), Gujarat State Petronet Limited (GSPL), and Gujarat Gas Limited (GGL) approved the merger-demerger program on August 30, 2024. Under the merger-demerger plan proposed by GSPC Group, in the initial phase, Gujarat State Petroleum Corporation Limited (GSPCL) and Gujarat State Petronet Limited (GSPL) will be merged to form Gujarat Gas Limited (GGL). In the second phase of the scheme, Gujarat State Petronet Limited (GSPL) will be split and established in a brand new model. Information about GSPCL GSPCL is one…
One 97 Communications Ltd (NSE: PAYTM) Share Price: In the wake of the record-breaking rise in the stock market investors also lost the share of One97 Communications Limited, the parent company behind the fintech brand Paytm. On Friday, the final trading share of Paytm rose by 12 percent to surpass the mark of Rs 600 at the beginning of the span of seven months. It’s the 2nd consecutive day of growth for the share. There Was A Jump In The Stock On Thursday As Well Share of fintech company Paytm closed at a higher level of 3 percent on Wednesday.…
Krishna Institute of Medical Sciences Krishna Institute of Medical Sciences Ltd has acquired a 100 percent equity stake in Chalasani Hospitals Private Limited for Rs 280 million. In an exchange filing, the company said, “Krishna Institute of Medical Sciences Ltd has acquired a 100 percent equity stake in Chalasani Hospitals Private Limited Visakhapatnam.” On Friday, the company’s stock closed 2.07 percent higher at Rs 2,514.90. In the past year, the company’s share price has seen an increase of 29.10 %. Adani Ports Adani Ports & Special Economic Zone Ltd has made a move of strategic importance through the purchase of…