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Over the period of one year company has reduced total sanctioned loans limits by 64.16% i.e. Rs 223.27 crore against overall total sanctioned loans limit of Rs 348.00 crore, including Lepakshi Tubes.

Business Standard

Rama Steel Tubes reduces sanctioned loans limits by Rs 223.27 cr

Over the period of one year company has reduced total sanctioned loans limits by 64.16% i.e. Rs 223.27 crore against overall total sanctioned loans limit of Rs 348.00 crore, including Lepakshi Tubes.

Steel

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Fri, Sep 20, 2024

Rama Steel Tubes was the top gainer in the smallcap pack with nearly 60% return, followed by Refex Industries (32.3%), Kitex Garments (27%), and 63 Moons Technologies (26%).

The Economic Times

45 smallcap stocks buck the trend to offer double-digit weekly returns amid sharp sell-off

Rama Steel Tubes was the top gainer in the smallcap pack with nearly 60% return, followed by Refex Industries (32.3%), Kitex Garments (27%), and 63 Moons Technologies (26%).

Steel

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Sat, Sep 7, 2024

Rama Steel Share Price: Shares of small-cap stock Rama Steel Tubes (RSTL) have surged 42% over the past 2 days, nearing their all-time high of Rs 16.82 on the BSE, following the company's announcement of a strategic collaboration with Onix Renewable for green and renewable energy.

The Economic Times

Rama Steel shares rally 42% in 2 days on strategic collaboration with Onix Renewable

Rama Steel Share Price: Shares of small-cap stock Rama Steel Tubes (RSTL) have surged 42% over the past 2 days, nearing their all-time high of Rs 16.82 on the BSE, following the company's announcement of a strategic collaboration with Onix Renewable for green and renewable energy.

Steel

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Fri, Sep 6, 2024

On Tuesday, the company announced the formation of a wholly-owned subsidiary of Rama Defence Private Limited. This new entity will focus on the defence sector, engaging in trading, importing, exporting, manufacturing, assembling, and supplying defence equipment

Mint

Penny stock under ₹15: Rama Steel Tubes share price hits 20 per cent upper circuit, rises 32 per cent in two days

On Tuesday, the company announced the formation of a wholly-owned subsidiary of Rama Defence Private Limited. This new entity will focus on the defence sector, engaging in trading, importing, exporting, manufacturing, assembling, and supplying defence equipment

Electric

Steel

Trading

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Thu, Sep 5, 2024

The rise in Rama Steel Tubes came after the company announced that it has inked a partnership with Onix Renewable.

Business Standard

Here's why Rama Steel Tubes shares rallied 14% on September 4; details here

The rise in Rama Steel Tubes came after the company announced that it has inked a partnership with Onix Renewable.

Steel

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Wed, Sep 4, 2024

CEO Richi Bansal highlighted the positive impact on the company's earnings and its growing presence in the renewable energy sector.

CNBC TV18

Why Rama Steel Tubes shares surged 12% on Wednesday — explained

CEO Richi Bansal highlighted the positive impact on the company's earnings and its growing presence in the renewable energy sector.

Steel

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Wed, Sep 4, 2024

This marks RSTL’s entry into the green energy segment, diversifying its product portfolio beyond traditional steel tube manufacturing

Business Line

Rama Steel Tubes enters green energy sector with Onix Renewable Partnership

This marks RSTL’s entry into the green energy segment, diversifying its product portfolio beyond traditional steel tube manufacturing

Steel

•

Wed, Sep 4, 2024

Business Standard

Rama Steel Tubes incorporates WoS named Rama Defence

Steel

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Tue, Sep 3, 2024

Stocks News

Suzlon Energy shares gain after removal from ASM framework — What does it mean?

The parameters for shortlisting securities under ASM include high-low variation, client concentration, number of price band hits, close-to-close price variation and price-earnings ratio.

SUZLON

Spice brand MTR's owner Orkla exploring IPO in 2025, says top executive

The company is looking to expand its play in the international market-with a focus on Gulf Cooperation Council (GCC) countries

FOCUS

Vodafone Idea to brief analysts, investors on AGR verdict on Monday

The Vi stock rose 1.35 per cent on Friday to close at Rs 10.52 a piece, a day after plummeting by 19.7 per cent

IDEA

Air India hired 9,000 employees in two years to meet needs: Airline chief

Air India has hired 9,000 employees, including 5,000 crew members, in the last two years to meet the workforce requirement for its expanding fleet and network, the airline's chief Campbell Wilson said on Friday. In a message to staff, he said the airline's domestic market share rose from 24 per cent in FY23 to 27 per cent in FY24 and the international market share climbed from 21 per cent to 24 per cent during the same period, on the back of network expansion and service improvements. The airline has completed two years of its five-year ambitious transformation plan Vihaan.AI. On a consolidated basis, the Tata Group-owned airline recorded a 25 per cent rise in operating revenues and a more than 50 per cent reduction in loss in the last financial year. "When we consider that the FY in question covered only the early part of our transformation program, before most of the initiatives we have been working on were implemented, these early results should encourage us that the effort is .

SERVICE

Adani Enterprises, Eicher Motors among top 10 largecap stocks mutual funds scoop up in August

Mutual funds actively manage their portfolios by buying and selling securities. ICICI Direct Research has revealed the top 10 largecap stocks that mutual funds added to their holdings in August.

ADANIENT

EICHERMOT

ISEC

Satin Creditcare Network approves bond issuance up to USD 7.5 million

SATIN

India's forex reserves rise for 5th week, close in on $700 billion

India's foreign exchange reserves extended their winning run for a fifth straight week to hit a record high of $689.46 billion as of Sept. 13, data from the central bank showed on Friday.

CENTRALBK

Soonicorns Summit: India’s ‘moment to shine’ as VC funding grows, say speakers

The VC funding in the first half of this year witnessed a sizable 45% increase from the second half of the previous year, and the panelists saw India as an increasingly attractive market for global investors.

GLOBAL

Suzlon Energy shares gain after removal from ASM framework — What does it mean?

The parameters for shortlisting securities under ASM include high-low variation, client concentration, number of price band hits, close-to-close price variation and price-earnings ratio.

SUZLON

Stock market update: Stocks that hit 52-week highs on NSE in today's trade

Sobha (PP), Marksans Pharma, Concord Biotech Ltd., Interarch Building and Themis Medicare, hit their fresh 52-week highs during the day.

Gainers & Losers: Cochin Shipyard, RITES among 5 stocks in limelight on Friday

Indian indices reached record highs on Friday, with ICICI Bank and HDFC Bank driving the rally. The Sensex closed at 84,544.31, while Nifty50 settled at 25,790.95, both posting significant gains.

Top Gainers and Losers today on 20 September, 2024: Mahindra & Mahindra, ICICI Bank, Grasim Industries, State Bank Of India among most active stocks; Check full list here

Top Gainers and Losers Today : The Sensex gained 1359.51 points, or 1.63, to settle at 83184.8, while the Nifty gained 375.15 points, or 1.48, to close at 25415.8.

Pelatro IPO: Here are the steps to check allotment status online, GMP as focus shifts to listing

Pelatro Limited IPO; Pelatro IPO opened for subscription on 16 September and ended on 19 September. The allotment is to be out soon. Here are the steps to check allotment status online, GMP as focus shifts to listing

FOCUS

Will Mukesh Ambani pull a Jio on Coke and Pepsi?

Reliance's Mukesh Ambani has revived the Campa Cola brand to challenge Coca-Cola and PepsiCo in India. By offering products at half the price, Reliance aims to disrupt the market. This move has prompted Coca-Cola and PepsiCo to accelerate promotions, although they have yet to cut prices.

RELIANCE

Adani Ports, Rorix Holdings sign MoU to transform commodities market ecosystem

Shares of Adani Ports and Special Economic Zone Ld ended at ₹1,441.35, up by ₹33.35, or 2.37% on the BSE.

ADANIPORTS

BSE

Over 250 stocks hit one-year highs on BSE; investors earn ₹6 lakh crore in a day

Over 250 stocks, including ICICI Bank and Bharti Airtel, reached new 52-week highs on the BSE, with the Sensex and Nifty 50 achieving record gains. Investors gained ₹6 lakh crore as market capitalisation hit record ₹472 lakh crore.

ICICIBANK

BHARTIARTL

BSE

Freshworks appoints Shelton Rego as vice president, sales

Freshworks Inc has appointed Shelton Rego as Vice-President of Sales India operations. Rego will oversee regional business strategy, market expansion, customer relationships, and new partnerships. Previously, he worked at Jio Cloud, Google Cloud, SAP Concur, and Oracle. Freshworks aims to leverage his experience to strengthen its SaaS market share in India.

CLOUD

Blinkit and Big Basket race to deliver iPhone 16 in under 10 minutes

Customers will be able to take advantage of special offers, discounts, and even EMI options available through Unicorn stores when purchasing the iPhone 16 series via Blinkit

RACE

InterGlobe shares decline 0.95% as Sensex climbs

A total of 20,316 shares changed hands on the counter till 01:59PM (IST)

TOTAL

Lupin stock price down 1.34 per cent as Sensex climbs

As of 30-Jun-2024, promoters held 46.7 per cent stake in the company, while FIIs held 19.32 per cent and domestic institutional investors had 16.23 per cent.

LUPIN

Share price of Cummins India jumps as Sensex gains 473.21 points

A total of 5,984 shares changed hands on the counter till 01:48PM (IST)

CUMMINSIND

TOTAL

ACC, IRCTC: 4 stocks turn bearish even as Sensex, Nifty scale new highs

Technical chart suggests that ACC, IRCTC, PND and Aarti Industries could slide up to 28% from present levels owing to formation of 'Death Cross' on the daily chart; a long-term bearish indicator.

IRCTC

ACC

AARTIIND

Share price of ACC falls as Sensex gains 477.89 points

A total of 11,843 shares changed hands on the counter till 01:43PM (IST)

ACC

TOTAL

Bharat Forge stock price up 0.56 per cent as Sensex climbs

As of 30-Jun-2024, promoters held 45.25 per cent stake in the company, while FIIs held 17.03 per cent and domestic institutional investors had 19.35 per cent.

BHARATFORG

Deccan Transcon Leasing IPO allotment finalised: Latest GMP and how to check status

Deccan Transcon Leasing's IPO, valued at ₹65.06 crore, closed with 102.60 times subscription. Allotment status can be checked online, with shares credited to accounts on September 23. The company specializes in tank container leasing and reported a revenue decline but a profit increase for FY24.

CONCOR

ICICI Bank Ltd spurts 1.66%, rises for fifth straight session

ICICI Bank Ltd is quoting at Rs 1313.4, up 1.66% on the day as on 12:44 IST on the NSE. The stock is up 36.91% in last one year as compared to a 30.3% jump in NIFTY and a 20.11% jump in the Nifty Bank.

ICICIBANK

Havells India shares up 1.8% as Nifty gains

A total of 14,629 shares changed hands on the counter till 12:58PM (IST).

HAVELLS

TOTAL

Divis Labs shares up 1.07% as Nifty gains

A total of 3,887 shares changed hands on the counter till time (IST).

TOTAL

HDFC AMC shares drop 0.23% as Sensex rises

A total of 1,480 shares changed hands on the counter till 12:28PM (IST)

TOTAL

Ambuja Cements shares gain 0.91% as Sensex rises

The stock quoted a 52-week high of Rs 706.85 and a 52-week low of Rs 404.0.

AMBUJACEM

Colgate-Palmolive shares gain 0.1% as Sensex rises

A total of 21,764 shares changed hands on the counter till 12:11PM (IST)

COLPAL

TOTAL

Dividend, Bonus: Bharat Dynamics, CSL, 82 other stocks go ex-date next week

Here's the complete list of stocks that will trade ex-date next week for dividends, bonus issues, or stock splits

BDL

ITD Cementation India Ltd leads gainers in 'A' group

Minda Corporation Ltd, Cochin Shipyard Ltd, Anant Raj Ltd and Garden Reach Shipbuilders & Engineers Ltd are among the other gainers in the BSE's 'A' group today, 20 September 2024.

LTIMindtree shares up 0.17% as Nifty gains

A total of 5,999 shares changed hands on the counter till 11:57AM (IST).

LTIM

TOTAL

IRFC, HUDCO shares snap multi-day losing streak with gains up to 8%; Use bounce to exit?

Ahead of today's upmove, shares of HUDCO had already corrected 35% from their record high of ₹353.

IRFC

HUDCO

PI Industries shares up 1.75% as Nifty gains

A total of 3,266 shares changed hands on the counter till 11:51AM (IST).

PIIND

TOTAL

Stocks to buy: Dabur, Godrej Consumer Products, Emami among InCred Equities’ top FMCG stock picks

Stocks to buy: Considering the optimism on a continued gradual recovery momentum in rural markets and sluggish momentum expected in urban markets, the InCred Equities firm recommends three FMCG stocks to buy.

Pidilite Ind shares gain 0.94% as Sensex rises

A total of 1,844 shares changed hands on the counter till 11:47AM (IST)

TOTAL

SRF shares up 0.47% as Nifty gains

A total of 6,037 shares changed hands on the counter till time (IST).

SRF

TOTAL

ICICI Lombard shares gain 1.68% as Sensex rises

A total of 5,241 shares changed hands on the counter till 11:36AM (IST)

TOTAL

Oberoi Group exits UAE market, ends partnership with Al Zorah Resort

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EIHOTEL

Mankind Pharma shares surge to a record high after Investec projects 35% upside

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MANKIND

F&O Query: Should you buy Federal Bank futures?

Hold the longs but place a stop-loss at ₹180

FEDERALBNK

Vodafone Idea Share Price Highlights September 20, 2024: Vodafone shares recover after hitting a 52-week low

Vodafone Idea Stocks, Vodafone Idea Share Price Updates September 20, 2024: Vodafone shares have rebounded from the bearish trend.

IDEA

Cochin Shipyard shares up 10% as shipbuilder braces for inflows worth over $30 million

Despite correcting 43% from its record high, shares of Cochin Shipyard are still up 160% so far in 2024.

COCHINSHIP

WORTH

'Buy Vodafone Idea' is still the view of two street analysts after AGR setback

UBS has a price target of ₹19 on Vodafone Idea, which has also been the stock's recent peak.

IDEA

Stock market live updates: Stock to buy today: CCL Products (India) (₹757)

Sensex, Nifty, Share Prices LIVE: The stock of CCL Products (India) saw a price decline over the past couple of weeks. After touching a record high of ₹854 in early September, the scrip started to drop. However, the overall uptrend remains valid, and the stock has appreciated so far this week.

CCL

Stock to buy today: CCL Products (India) (₹757)

Exit at ₹830

CCL

Shares to buy or sell: Chandan Taparia recommends three stocks to buy today

Shares to buy today: Chandan Taparia has recommended three stocks to buy today – Kotak Bank, Jubilant Food, and ICICI Lombard.

ICICIBANK

Latest Market News Today Live Updates September 20, 2024: KRN Heat Exchanger IPO: Price band set at ₹209-220 apiece; check issue details, key things to know from RHP

Latest Market News Today Live Updates: Follow Mint's market blog for real-time updates on your favourite companies. This blog keeps you informed on all things Dalal Street and global markets.

GLOBAL