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Shashijit Infraprojects approves allotment of 2.1 crore shares
short by / on Monday, 3 March, 2025
Shashijit Infraprojects Limited's Board of Directors, following an in-principle approval from BSE, authorized the preferential allotment of 2.1 crore equity shares at ₹3.27 each. Specifically, 30 lakh shares were allocated to promoters and 1.8 crore shares to non-promoters. The company has a market cap of ₹31.08 crore and the stock gave multibagger returns of over 150% from its 52-week low.
27 mn Indian women monitoring credit scores, up 42%: NITI Aayog
short by / on Monday, 3 March, 2025
A report by NITI Aayog revealed that 27 million women in India are actively monitoring their credit scores, marking a 42% increase from the previous year. This surge signifies growing financial awareness and empowerment among women. Their share of the total self-monitoring base rose to 19.43% in December 2024, up from 17.89% in 2023.
Kaushalya Logistics Ltd expands operations & strengthens network
short by / on Monday, 3 March, 2025
Kaushalya Logistics Ltd expanded with new ACC depots in Varanasi and Buxar, adding to their CCFA network. Varanasi targets 20,000 MT monthly, and Buxar boosts total depots to 96, aiming for 3 lakh MT monthly transport. Promoters received the MSME Ratna Award. This growth, including 22 new depots in FY25, enhances supply chain efficiency and solidifies their cement logistics leadership.
39 Indian pharma firms meet 50 Vietnamese counterparts
short by / on Monday, 3 March, 2025
39 Indian pharma companies met with over 50 Vietnamese counterparts in a productive 'India-Vietnam B2B' meeting in Ho Chi Minh City. The discussions aimed at strengthening pharmaceutical trade ties between India and Vietnam. The event was supported by the Consulate General of India, Pharmaceuticals Export Promotion Council, and Vietnam Chamber of Commerce.
Women investors double Mutual Fund AUM in 5 years: Report
short by / on Monday, 3 March, 2025
Women investors in India are playing an increasingly important role in mutual fund investments, as their Assets Under Management has more than doubled from ₹4.59 lakh crore in March 2019 to ₹11.25 lakh crore in March 2024, a new report said on Monday. According to the latest report by the AMFI, along with Crisil, women investors now represent 33% of the total individual investors’ AUM.
Advait Energy: Ashish Kacholia loses ₹3.54 crore in just 1 day
short by / on Monday, 3 March, 2025
On Monday, shares of Advait Energy Transitions Ltd hit a 10% lower circuit to an intraday low of ₹1,101 per share. An ace investor, Ashish Kacholia, owns 2,88,185 shares in the company & in just 1 day, he lost ₹3.54 crore. The company bagged a domestic contract from Parbati Koldam Transmission Company Limited for transmission lines.
CM Fadnavis asks transport dept to close check posts by April 15
short by / on Monday, 3 March, 2025
CM Devendra Fadnavis has directed the state Transport Ministry to abolish all border check posts in Maharashtra by April 15. Speaking at an event, Fadnavis said that unless these posts are abolished it will be difficult to create a robust supply ecosystem and reduce logistics cost. CM also noted the ministry will carefully examine the compensation aspect in BOT projects.
read more at Logistics Outlook
Kranti Industries Ltd bags order from Kalyani Techno Forge Ltd
short by / on Monday, 3 March, 2025
Kranti Industries Limited (KIL), a seasoned BSE-listed precision component manufacturer, secured a ₹3.50 crore annual contract with Kalyani Techno Forge Ltd for Differential Housing production. This follows successful sample validation, moving from orders to commercial output. KIL, with Pune-based facilities and certifications, serves diverse OEM sectors. Stock is up by 69% from its 52-week low.
Tooth Fairy doesn't pay 'em: Warren Buffett on Trump's tariffs
short by Pragya Swastik / on Monday, 3 March, 2025
Berkshire Hathaway's CEO Warren Buffett, currently the world's 7th richest person with $161 billion in wealth, raised concerns that US President Donald Trump's proposed tariffs could trigger inflation and hurt consumers. "Over time, they are a tax on goods. I mean, the Tooth Fairy doesn't pay 'em (them)," Buffett said. "Tariffs...are an act of war, to some degree," he added.
read more at NewsBytes
Vipul Ltd approves rights issue worth ₹49.75 crore
short by / on Monday, 3 March, 2025
Vipul Ltd, founded in 1991, has delivered over 10 million sq ft of real estate. Primarily in Gurugram, they offer residential and commercial properties. Recently, they approved a rights issue to raise ₹49.75 crore, issuing ₹1 equity shares to existing shareholders. Pricing and ratio will be determined later. The stock has an ROE of 100%.
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