The company with a market cap of Rs 3,500 crore is mainly involved in the business of transportation, logistics, construction, oil and lubricants, coal mining among others.
The 30-share BSE index zoomed 466.95 points or 0.74 percent to settle at a record closing high of 63,384.58. During the day, it rallied 602.73 points or 0.95 percent to 63,520.36.
Indian shares began the day muted on Wednesday, but the losses were recouped in the second half and the day ended with slight gains.
Shareholding pattern on exchange show that non-institutional investors own 49.54 per cent stake while promoters have 48.05 per cent stake.
QIP is a method wherein a firm issue shares to the public without going through regulatory compliance.
The Fast-Moving Consumer Goods (FMCG) sector has emerged as a favourite space for FIIs. Notaly, the FMCG sector is considered defensive because it tends to perform relatively well even during economic uncertainty.
The company has posted stellar numbers in the financial year 2022-23 as its revenue jumped more than 900 per cent to Rs 506 crore.
According to financial results available on BSE, the company's profit for the period after tax was Rs 10.07 crore.
The shares were listed on the NSE SME platform and are currently trading at a premium of more than 40 per cent from the IPO issue price of Rs 76.
According to a regulatory filing dated May 24, Nomura Singapore's stake now stands at 1.28 per cent or 1,28,25,854 shares.
The 30-share BSE Sensex climbed 146.98 points to 61,876.66 in early trade. The NSE Nifty went up by 55.3 points to 18,258.70.
The current face value of each share of the leading manufacturer of LED lights, solar panels and UVC disinfection products is Rs 2.
Odisha 10th Results 2023: BSE Odisha has declared the Class 10 board results on the official website-- bseodisha.ac.in at 10 AM, today, May 18, 2023. Check overall percentage, how to download results and more.
The stock closed at Rs 155.61 apiece on the listing day. The company commanded a market cap of Rs 159.09 crore as on the listing day.
As per the exchange, the company's net profit in FY23 skyrocketed 584 per cent to Rs 9.52 crore. In FY22, the same stood at Rs 1.39 crore.
Going by data, the stock in a two-year period has skyrocketed 271 per cent. In a three-year period, it has rallies a massive 492 per cent.
This comes close on the heels of the fund picking 55 lakh shares of the company earlier this month at an average price of Rs 2.45.
The company's revenue from operation during the quarter under review stood at Rs 83 crore, the maker of finished and semi-finished forged crankshafts and forged components said in a regulatory filing.
Multibagger stock: According to an exchange filing, the total revenue in FY23 stood at Rs 279 crore as against Rs 144 crore that it had reported in the last financial year.
The shares of Vikas Ecotech rallies more than 5 per cent on the BSE on the back of announcement.
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