Godfrey Phillips India shares skyrocket to all-time high as investors brace for a massive bonus windfall – what this means for your portfolio

Godfrey Phillips India shares skyrocket to all-time high as investors brace for a massive bonus windfall – what this means for your portfolio

Godfrey Phillips India shares soared by 11% on September 13, reaching a new all-time high of Rs 7,430.95. This dramatic rise in stock price comes as investors eagerly await the company’s upcoming board meeting on September 20. The meeting is set to decide on a substantial bonus issue, proposing to provide shareholders with two additional […]

Why Adani Enterprises ended Rs 800cr NCD issue ahead of schedule

Why Adani Enterprises ended Rs 800cr NCD issue ahead of schedule

Adani Enterprises Limited, the flagship company of the Adani Group, has announced the early closure of its public issuance of ₹800 crore in secured non-convertible debentures (NCDs). Initially scheduled to close on September 17, 2024, the issue will now close on September 6, 2024. This decision was approved by the company’s Management Committee of the […]

The untold story of how SEBI controls India’s stock market – Shocking facts

The untold story of how SEBI controls India’s stock market – Shocking facts

Stock exchanges in India play a critical role in the country’s financial infrastructure by facilitating the trading of securities, raising capital for companies, and providing investment opportunities for individuals and institutions. The Bombay Stock Exchange (BSE), established in 1875, is the oldest stock exchange in Asia and remains a significant player in the Indian financial […]

Purple Finance debuts on BSE, marking a new chapter for MSME financing

Purple Finance debuts on BSE, marking a new chapter for MSME financing

Purple Finance Limited has officially entered the public market with its successful listing on BSE Limited under the Scrip ID PURPLEFIN and Scrip Code 544191. This significant milestone was met with considerable investor interest, as evidenced by the stock’s opening price of INR 119.02 and a closing at INR 123.07, reflecting a strong market reception […]

Rajiv Kaul boosts stake in CMS Info Systems to 6.2% amidst strong company growth

Rajiv Kaul boosts stake in CMS Info Systems to 6.2% amidst strong company growth

In a significant move within the Indian business services sector, Rajiv Kaul, the Executive Vice Chairman, Whole Time Director, and CEO of CMS Info Systems (CMSINFO), has increased his stake in the company from 2.62% to 6.20%. This development comes as a strong indicator of confidence from the leadership in the company’s growth trajectory and […]