All posts by Vishal Dalwadi

Mishra Dhatu Nigam (MIDHANI) – Updates


Update "Secured an Order"   Midhani up more than 5 per cent today on the back of winning a new order. Read details - Mishra Dhatu Nigam Ltd (MIDHANI) – A Govt. of India Enterprises – in its BSE filling has said that the company has secured an order worth of INR 185 Cr. After winning this order, the order booking position of the company for FY 2022-23 (as on date) is around INR 470 Cr. The open order position of MIDHANI as on date is around INR 1,535 Cr. Currently the stock is trading

Bulk Deals Report


As per the reports available on the NSE (National Stock Exchange) some of the Bulk Deals (including buying shares, change of hands in shares, and selling shares) happened in the below mentioned shares in the last trading session (16 Sept 2022)   The VANGUARD GROUP (an American registered investment advisor) turned out to be net buyers in - Deepak Fertilisers Ltd (bought 6,88,921 shares at INR 890), Elgi Equipments Ltd (bought 55,39,050 shares at INR 489) GHCL Ltd (bought

VALUE PICK AUGUST ’17: LARSEN & TOUBRO LIMITED, Update


Update "Win Contract for Water & Effluent Treatment Business"   The Water & Effluent Treatment business of L&T Construction (arm of Larsen & Toubro Ltd) has secured a repeat order from the Department of Water Resources (Government of Odisha) to execute a “Pressurized Underground Pipeline Irrigation Network System” for the Right Command of Lower Suktel Irrigation Project. The project involves Survey, Design, Engineering, Supply, Laying, Installation, and Commissioning of

Dixon Technologies (India) Limited – Update


Update "Approval for Disbursement of PLI Incentives"   Padget Electronics Private Limited, known as “Padget Electronics” (a wholly owned subsidiary of Dixon Technologies (India) Limited) has received approval for disbursement of INR 53.28 Cr from the Empowered Committee of MEITY (GOI), under the Production Linked Incentive (PLI) Scheme for manufacturing of Mobile Phones (Domestic Companies) Earlier, Padget Electronics (one of the 16 companies Domestic and International) received

Harsha Engineers International Limited IPO


Harsha Engineers International Limited (part of the Harsha Groups) over 35 years of operating history in the “engineering business” is planning to raise INR 755 Crore via IPO [Fresh Issue 455 Cr + 300 Cr OFS]   Harsha Engineers: Company Details Incorporated in the year 2010, Harsha Engineers International Ltd are the largest manufacturers of precision bearing cages (in terms of Revenue) in organised sector in India, and among the leading manufacturers of precision bearing cages in the

Dreamfolks Services Limited IPO – Update


Update Dreamfolks Services ‘LISTING’   Dreamfolks Services Limited, as the name in itself, made a dream debut on the stock market today. The stock was listed at INR 508.70 on the NSE - National Stock Exchange as against the issue price of INR 326, while the opening on the BSE - Bombay Stock Exchange was at INR 505; just about 56 percent listing gains for the IPO holders. The Initial Public Offering was open for subscription between 24 to 26 August 2022 and received a strong response

Tamilnad Mercantile Bank Limited IPO


Tamilnad Mercantile Bank Limited - a bank headquartered at Thoothukudi, Tamil Nadu (India) is planning to raise INR 831.60 Cr via IPO [831.60 Cr Fresh Issue + 0 Cr OFS]   Tamilnad Mercantile Bank - History Incorporated in the year 1921 as ‘Nadar Bank Limited’, Tamilnad Mercantile Bank (name changed in the year 1962), TMB is one of the oldest and leading old private sector banks in India.   >> Must Read: Nifty prediction for September 2022   Business TMB offers

How The Nifty Will Behave In September 2022: Check Now


The month of August 2022, as predicted, ended on a high note (check the below listed screenshot to find out what Finblab has said in that article “HOW THE NIFTY WILL BEHAVE IN AUGUST 2022”) delivered 3.50% positive returns as far as NIFTY Index is concerned, (closing of 17759 on 30 August 2022 as compared to a close of 17158 on 29 July 2022)     Thanks to the Foreign Institutional Investors (FIIs) who turned out to be buyers in the Indian Stock Market (according to the

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