Digispice Technologies News Today

The counsel for Digispice contended that BSNL had made unreasonable deductions from the final bill amount, without considering Digispice’s view.

National Company Law Tribunal reserves order in insolvency petition against Bharat Sanchar Nigam Limited filed by Digispice Technologies Ltd. Digispice claims BSNL refused to pay for content and consultancy services. BSNL disputes bill amount and existence of running account. Digispice initiated insolvency proceedings. Supreme Court allows insolvency proceedings against government companies.

On the upside, we expect the Nifty to target levels of 19,650. In terms of levels, crucial support zone is placed at 19,330 – 19,300 and immediate hurdle is placed at 19,520 – 19,550

Market sentiment has been hit since the hawkish remarks on inflation by the Reserve Bank of India, and this got further dampened by the US Federal Reserves view that interest rates may need to harden further to bring down inflation.

Among broader indices, BSE Small-cap index ended on a flat note, while BSE Large-cap Index fell 0.7 percent and Mid-cap Index shed 0.5 percent.

Lloyds Engineering was the top gainer in the smallcap pack with nearly 44.54% return, followed by Digispice Technologies (40.04%), MPS (37.8%), and Optiemus Infracom (28.7%). About 7 stocks including Sanghi Industries, Jai Balaji Industries, and HCL Infosystems have offered returns over 25% during the week.

For optimism to return to the markets, a move above 19,600 and a calm international scenario are essential. There is ambiguity in the markets. Experts suggest caution at every step.

The Board of Directors of DiGiSPICE Technologies Limited, at its meeting held today have approved the financial results of the company for the period ended March 31, 2023 - Q4FY23 and FY2023.

The Board of Directors of DiGiSPICE Technologies Limited have approved the financial results of the company for the period ended December 31, 2022 - Q3FY23, 9MFY23 at its board meeting.

Mr. Chandrachur Ghosh, Chief Executive Officer, designated as Whole Time Key Managerial Personnel of DiGiSPICE Technologies Ltd, has tendered his resignation from the said position on 8th December, 2022.