A leading supplier of rolled, forged & machined products, Ramkrishna Forgings Limited has won a multi-year order from European Tier 1 customer in the auto segment worth Rs 175 crore i.e. EUR 20 million. The order will be implemented over a timeframe of four years. 

Read on to find companies where equity-dedicated mutual fund schemes increased their stake in the month of July 2021.

Monday would be a historic day as 4 IPOs are making their debut on the stock exchanges namely, Devyani International, Windlas Biotech, Krsnaa Diagnostics, and Exxaro Tiles and their pre-market discovery prices stood

Apex slipped by more than 15 per cent followed by Voltamp which dropped by 6.62 per cent, Repco Homes weakened by more than 6 per cent while Bajaj Hindustan dropped by 5 per cent on Monday trading session. 

The company has launched its new Suprajit Technology Centre (STC), located at 141, Jigani‐Bommasandra Link Road, Bengaluru. It expects to entirely relocate and house the existing technology centre from its corporate office in the next couple of months into the newly launched facility. 

The company has digitised the Franchisee Lifecycle Management (FLM) process including onboarding and service activation as well as franchisee acquisition processes, which will help furnish a secured, simple and swift experience. 

The EPS was reported at negative 0.08 per share versus an EPS of 0.07 per share in the previous quarter.  

After outperforming the benchmark indices during the wave of the pandemic, the mid-cap & small-cap stocks are now witnessing sharp corrections. During the last week, the BSE Midcap index slipped by 0.98 per cent whereas BSE Smallcap index squeezed by 1.51 per cent. 

The bulls are driving the indian equity markets from strength to strength. However, mid cap and small cap stocks are failing to outperform the headline indices.

Thankfully, we are not there yet due to a lot of skepticism around. However, Nifty 50 index charts continue to be positive. The charts of top heavyweights are in a good shape whereas, for some mid-caps and small-caps, they are distorted. One needs to follow due diligence before committing to stocks from this space.