Rs 653 crore EPC order book & FIIs increase stake: Net debt-free small-cap stock; Board allotment of 31,01,400 equity shares on conversion of warrants to 14 investors
Rs 653 crore EPC order book & FIIs increase stake: Net debt-free small-cap stock; Board allotment of 31,01,400 equity shares on conversion of warrants to 14 investors

Rs 653 crore EPC order book & FIIs increase stake: Net debt-free small-cap stock; Board allotment of 31,01,400 equity shares on conversion of warrants to 14 investors

The company has a market cap of over Rs 8,600 crore and has delivered good profit growth of 48.3 per cent CAGR over the last 5 years with a net debt-free position.

Kiran Shroff Article rating: 4.3

In the allotment, Quant Mutual Fund was allocated 17,50,000 shares; Chhattisgarh Investments Ltd was allocated 5,00,000; Resonance Opportunities Fund was allocated 1,00,000 shares; etc

Top things you must know before the market opens!
Top things you must know before the market opens!

Top things you must know before the market opens!

The GIFT Nifty is indicating a muted start for the day. Nifty futures were trading at 23,767.00.

Gaurav Taparia Article rating: 3.0

The GIFT Nifty is indicating a muted start for the day. Nifty futures were trading at 23,767.00.

Skyrocketing success: This aerospace IPO gets fully subscribed within hours; have you boarded the flight?
Skyrocketing success: This aerospace IPO gets fully subscribed within hours; have you boarded the flight?

Skyrocketing success: This aerospace IPO gets fully subscribed within hours; have you boarded the flight?

Between FY22 and FY24, the company recorded a Compound Annual Growth Rate (CAGR) of around 140 per cent in revenue and 314 per cent in net profit.

Mandar Wagh Article rating: 4.9

Between FY22 and FY24, the company recorded a Compound Annual Growth Rate (CAGR) of around 140 per cent in revenue and 314 per cent in net profit.

Market Wrap: Benchmark indices close on a positive note with Nifty Realty and Nifty Bank among top losers!
Market Wrap: Benchmark indices close on a positive note with Nifty Realty and Nifty Bank among top losers!

Market Wrap: Benchmark indices close on a positive note with Nifty Realty and Nifty Bank among top losers!

Sensex closed up by 0.64 per cent at 78,540.17, while Nifty closed up by 0.70 per cent and closed at 23,753.45 level.

Gaurav Taparia Article rating: 4.5

Sensex closed up by 0.64 per cent at 78,540.17, while Nifty closed up by 0.70 per cent and closed at 23,753.45 level.

Mid-Tier IT Firm Completes the Acquisition of a 54 Per Cent Stake in Cigniti Technologies
Mid-Tier IT Firm Completes the Acquisition of a 54 Per Cent Stake in Cigniti Technologies

Mid-Tier IT Firm Completes the Acquisition of a 54 Per Cent Stake in Cigniti Technologies

The final tranche of the acquisition was completed on December 20, 2024, through an off-market transaction, with Coforge purchasing an additional 59,54,626 equity shares, representing 21.62 per cent of Cigniti’s expanded voting share capital.

Manoj Reddy Sama Article rating: 4.1

The company acquired a total of 1,48,75,357 equity shares, which amounts to 54 per cent of the expanded voting share capital of Cigniti.

 

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