Small-cap stock below ₹50 in focus after allotment of preferential shares to Nagpur-based DII

Small-cap stock below ₹50: Infrastructure firm Hazoor Multi Projects Limited, on Monday, March 3, announced that the fund-raising committee of the company had approved the allotment of preferential shares to a Nagpur-based Domestic Institutional Investors (DII) West Midlands Ventures Private Limited, as per the BSE filing.  According to the small cap firm’s  statement, the company…

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Stock market today: Sensex, Nifty 50 take a breather, snap 5-day losing run on gains in financials

Stock market today: Indian markets wrapped up Tuesday’s session, February 25, on a flat note after witnessing sharp selling pressure in the previous trading session. Notably, Indian frontline indices outperformed their Asian peers in today’s session, which ended with sharper losses after U.S. President Donald Trump signed a memorandum directing the Committee on Foreign Investment…

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Multibagger stock Transformers & Rectifiers locked in 5% upper circuit for 2nd straight session. Here’s why

Shares of Transformers & Rectifiers India (TRIL), a leading transformer manufacturer, were locked in the 5% upper circuit limit for the second straight day on February 20, reaching ₹405 apiece. The uptick in shares followed a domestic order for the supply of transformers worth ₹166.45 crore. On Tuesday, the company informed investors through an exchange…

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Small-caps still overvalued, but opportunities for select stocks emerging, says Puneet Sharma of Whitespace Alpha

Indian markets experienced a volatile January, oscillating sharply amid a blend of global and domestic uncertainties that kept investors cautious. While frontline indices regained strength over the last couple of trading sessions, they ended January with a drop of over 0.5%, marking the fourth consecutive month of losses for the Nifty 50 and Sensex. This…

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Stock market today: Nifty 50, Sensex recover smartly from the day’s low, end flat; small-cap stocks bleed

All thanks to the strong support from the heavyweights, especially Reliance Industries, which helped prevent the front indices from posting another significant drop during Wednesday’s trading session, January 8. The entire pack of oil and gas stocks shone brightly in today’s session amid rising crude oil prices, driving expectations that higher crude prices will boost…

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