Stock Crash: Rana Sugars'(NSE: RANASUG) share fell in early trade after SEBI’s action. It was trading at Rs 21.53, down 7.80 percent. The biggest reason for this sugar stock’s fall is SEBI’s strict action, in which Rana Sugars and its promoters and officials were banned from the securities market for two years. Rana Sugars’ share opened at Rs 21 today, touching Rs 22.20 before coming down to Rs 20.30. This stock has fallen by more than 11 percent in five days. It has fallen by about 15 percent in the last month and more than 8 percent in six months.…
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.
Read More
Tata Group Stock: The Indian stock market is trading in a range on Wednesday (August 28). But the share of the giant conglomerate Tata Group are seeing tremendous action. Tata Technologies Ltd (NSE: TATATECH) and Tata Elxsi Ltd ( NSE: TATAELXSI) saw tremendous growth. Even Tata Elxsi climbed 15% intraday on Tuesday. The stock was trading at Rs 8,813 with a gain of 14.72% around 2:23 pm. Yesterday it closed at Rs 7,683. Focus On Tata Elxsi Tata Elxsi Ltd stock opened at Rs 7,888 on Tuesday and showed tremendous growth to touch an intraday high of 8,850. There was…
Tata Sons has paid back a 20,000 crore rupees loan. It is the holding company for the largest industrial group in the country, Tata Group. The company also requested that the Reserve Bank of India surrender its Certificate of registration. Separately, the company has deposited 405 crore rupees at the State Bank of India. After this strategic move, the company will not need to be listed. If the company had not repaid this loan, it would have had to be listed according to RBI rules. But Tata Sons has paid off a loan of more than Rs 20,300 crore. According…
The IPO of Premier Energies Ltd, a company that manufactures solar cells in India and exports them abroad, opened for subscription on Friday. The price range of this IPO is 427-450 rupees. In this, investors will have to bid for at least 33 shares. Above this, bids will have to be made in multiples of the same. Investors will be able to bid on this till the day after tomorrow i.e. 29 August. What Is The Company’s Plan? Premier Energies Ltd wants to raise a total of Rs 2,830.40 crore through this issue. The company will issue 28,697 777 new…
Bondada Engineering Ltd Share Price: Bondada Engineering Ltd is a company that has been awarded work worth millions of rupees. This work has been done by the company in Maharashtra. Bondada Engineering Ltd announced in an announcement to the stock exchanges that it had obtained a solar energy project in Maharashtra, under the PM Kusum Yojana. On Tuesday, again there was an upper circuit in the shares of the company. Let’s know in detail about this work order- From Whom Did The Company Get This Work? Bondada Engineering Ltd was awarded this contract by Lumina Clean Energy Private Ltd., Pure…