Indian Share/Stock Market Latest News Today 23 August 2024

In this blog, we will cover all the important today’s Indian Share/Stock Market Latest News from the eyes of a long term investor. Here we will cover all the Indian Share/Stock Market Latest News regarding Order update, Latest Order Book, Fund Raise (QIP, Preferential etc.), Split, Bonus, Buyback etc. This blog will cover latest news regarding Indian share market.
Every current or potential long term investor of Indian companies should follow this page and be updated regarding their portfolio stock company’s latest Order Update, Order Book, Fund Raise (QIP, Preferential), Split, Bonus, Buyback. This blog will give you glimpse of which are the stocks/shares are in news for today.
Indian Share/Stock Market Latest News Today Regarding New Orders Update-
- BEL receives orders worth Rs 695 Crore. With these, BEL has now accumulated orders totalling Rs.5920 Crs. in the current financial year.
- Transformers and Rectifiers (India) Limited has received Export Orders of US $ 16.80 Million.
- Railtel Corporation of India has received the work order from Uttar Pradesh Police Recruitment And Promotion Board for Service amounting to Rs. 52,66,30,075 (Excluding Tax).
- Naman in Store (India) Pvt Ltd are pleased to announce the acquisition of two substantial new orders from esteemed and renowned brands, each valued at approximately 6 crores. These orders contribute to our healthy and robust unexecuted order book, which now stands at around 25 crores.
- Australian Premium Solar (India) Limited has received Letter of award for work order of total Rs. 10,68,94,138/- from Jharkhand Renewable Energy Development Agency (JREDA) for supply of total 512 Nos. of Solar Water Pumping System (SWPS).
- Drone Destination has won a contract from Bangalore Development Authority (BDA) for conducting Drone Survey & 3D Model Generation for BDA Area. The contract value of the project is Rs 2,55,00,000 (Rupees Two Crore and Fifty Five lakh).
Indian Share/Stock Market Latest News Today Regarding Fund Raise, Acquisition and Capex-
- Zen Technologies Limited Celebrates Patent Grant for “TacSim®” Trigger Sensing System”.
- Prism Johnson Limited has entered into a Shareholders Agreement with Sunbath Sanitary Private Limited (‘Sunbath’), a company engaged in manufacturing of sanitaryware at Morbi, Gujarat. The Company has made an investment of ₹ 18.72 Crores by subscribing to equity shares, constituting 50% of the issued and paid-up capital of Sunbath on a fully diluted basis.
- Monarch Networth Capital Limited‘s board approved Preferential Issue of 53,60,951 equity shares of face value of Rs. 10/- each at an issue price of Rs. 560/- per equity share (including a premium of Rs. 550/- per equity share) for an aggregate consideration of Rs. 300,21,32,560/-
- Nutricircle Limited‘s board approved Preferential Issue of 97,28,211 equity shares of face value of Rs.10/- each at an issue price of Rs 10/- each to Promoter and Non-promoter group.
- Vardhman Polytex Limited‘s board approved Rights Issue of 8,30,59,434 Equity shares having face value of Re, 1/- each at a premium of Rs. 5/- per share.
Indian Share/Stock Market Latest News Today Regarding Corporate Action-
- Aditya Birla Fashion and Retail Limited has, in consultation with TCNS, fixed Tuesday, September 3, 2024, as the Record Date for the purpose of amalgamation of TCNS with ABFRL. Eligible TCNS shareholder will receive 11 fully paid-up equity shares of the face value Rs. 10 each of ABFRL for every 6 fully paid-up equity shares of face value of Rs. 2 each held in TCNS.
- Power Mech Projects Limited‘s board decided to issue bonus shares in the ratio of 1:1 ie.. one share for every one equity share of Rs. 10/- each fully paid up. The Board has approved fixation of Saturday, 28th September 2024 as Record date.
- Nucleus Software Exports Limited‘s board approved Proposal for Buyback of up to 4,48,018 (Four Lakh Forty Eight Thousand Eighteen) fully paid equity shares of face value of Rs.10/- each (“Equity Shares”) from the equity shareholders of the Company as on the record date, i.e. Tuesday, September 03, 2024 (“Record Date”), on a proportionate basis through the Tender Offer route at a fix price of Rs 1615/.
- Board of Directors of the Wonder Electricals Limited inter alia, approved Subdivision/Split of every one equity share of face value of Rs. 10/- (Rupees ten only) each, fully paidup, into 10 (Ten) equity shares of face value of Rs. 1 /- (Rupee one only) each, fully paid-up.
- Board of Directors of the Pulsar International Limited has approved the issue Bonus shares out of free reserves to the existing equity shareholders in the ratio 01:10 (One equity share for every Ten equity shares of nominal value of Rs.1/- each).
- Monarch Networth Capital Limited‘s board recommends 1:1 bonus i.e., 1 (One) new fully paid-up Equity Shares of Rs. 10/- (Rupees Ten only) each for every 1 (One) existing fully paid-up Equity Share of Rs. 10/- (Rupees Ten only) each held by the eligible shareholders as on the Record Date.
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Disclaimer-
All these information regarding Latest Order Update, Order Book, Fund Raise (QIP, Preferential), Split, Bonus, Buyback News are directly derived from the updates provided by the companies to the India Stock Exchanges ie NSE and BSE. we are sharing these information for the ease of fundamental research of your portfolio stock companies. We (www.finofreedom.com) are not recommending to buy or sell of any of these company’s Shares/Stocks.
If you want to invest any of the above discussed company’s shares/stocks based on shared information then please consult your financial advisor before taking any decision. We (www.finofreedom.com) will not be responsible for any of your investment outcome either profit or loss in case you take any decision based on these information.