However, this will be subject to approval from shareholders in its 37th annual general meeting (AGM), which is scheduled to be hosted on September 24, 2022.Following the announcement, shares of Colorchips New Media rallied 5 per cent, its daily circuit limit, to Rs 125.5 on Friday. The scrip had settled at Rs 119.55 on Thursday.
"We need to actively work towards creating an ecosystem where investors can trade without fear and entrepreneurs are allowed to innovate without worrying about the future of their ventures. We need to create localised venture funds dedicated to funding crypto startups and seasoned crypto entrepreneurs should leverage their experience to raise a new breed of crypto entrepreneurs in domains such as crypto security, Web3, and Defi."
Analysts said high growth in the chemical business, sustained strong margin for the technical textiles business, and focus on value-added products (VAP) in the packaging film business would aid the chemical company's growth going ahead. A majority of them have a buy rating on the stock with price targets as high as Rs 3,085, suggesting up to 16 upside over Friday's intraday price of Rs 2,645.
​They believe this will pave the path towards ‘the flippening’ – when Ethereum overtakes Bitcoin as the largest cryptocurrency by market capitalisation. September is here, and the Merge is just weeks away. Let’s understand the event in detail and prophesize what’s ahead.
The shares were offloaded at an average price of Rs 1,126.67 apiece, taking the transaction value to Rs 56.33 crore.
The Tuticorin-based bank proposes to utilise the proceeds from the issue for augmenting its Tier-I capital base to meet future capital requirements.Tamilnad Mercantile Bank is one of the oldest private sector banks in the country with a history of almost 100 years. It offers a wide range of banking and financial
The unregulated platforms are offering algorithmic trading services or strategies to investors for automated execution of trades. Such services and strategies are being marketed with "claims" of high returns on investment, Sebi said in a circular.
Stocks such as Shree Cement, Wonderla Holidays, Jyothy Labs, Phoenix Mills, Prataap Snacks and Eris Lifesciences are showing bearish trends on the MACD indicator.
In a separate transaction, Societe Generale buys shares of multiplex film exhibition company PVR Ltd for Rs 60 crore through an open market transaction.Societe Generale ODI picked up 3,23,158 shares at an average price of Rs 1,861.42 per scrip, taking the transaction value to Rs 60.15 crore, as per data available with the bourse.