Share Market Highlights 2nd April 2024: Sensex, Nifty retreat after three-day rally; profit-taking dominates thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.
A mini storm appears to be brewing in the smallcap equities market after the Enforcement Director seized the assets of several entities for their alleged involvement in the Mahadev betting scam
Servotech EV Infra sells 6% stake at pre-money valuation of Rs 200 crore, appoints Prem Prakash as CEO, Neeraj Gupta as AVP Operations financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.
Shares of several companies, in which Dubai-based hawala operator Hari Shankar Tibrewala (sometimes mentioned as Tibrewal) owns a stake through the foreign portfolio investor (FPI) route, continue to fall on Indian stock exchanges. Cellecor Gadgets Ltd, in which Tano Investments Opportunities Fund holds 13%, hit its lower circuit of 20% to Rs190.80.
Adani Total Energies E-Mobility Ltd has received approval from UPEIDA to develop 26 charging stations for electric vehicles along four expressways in Uttar Pradesh. The government is also planning to build electric vehicle-ready highways on the Golden Quadrilateral.
Adani EV Charging: Adani Total Energies E-Mobility Ltd has received approval from UPEIDA to develop 26 charging stations for electric vehicles along four expressways in Uttar Pradesh. The government is also planning to build electric vehicle-ready highways on the Golden Quadrilateral.
Exicom Tele-Systems' ₹429 crore IPO's subscription window opened on Feb 27 and the offer was fully subscribed within hours, receiving 10.02 times subscription on the first day.
Exicom Tele-Systems IPO: The offer comprises a fresh issue of shares worth Rs 329 crore and an offer-for-sale (OFS) of 70.42 lakh shares, worth Rs 100 crore, at the upper price band
In every year since CY20, the stock has delivered a multi-bagger return. In CY20, CY21, and CY22, the stock generated returns of 194%, 247%, and 110.24%, respectively. In the recently concluded CY23, the stock achieved an impressive return of 382%.