Mon, Nov 18, 2024 11:55 AM
CGD firms MGL, IGL shares nosedive 18% on APM gas allocation cuts
A Flip by Avya Verma
Mohite Industries Ltd. has announced a sub-division or split of its equity shares. This means that each existing share with a face value of Rs 10 will be divided into 10 new shares, each with a face value of Re 1. The record date for this sub-division, which is the cut-off date to determine shareholders eligible for the split, will be announced by the Board of Directors.
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The Telangana government has sanctioned Rs 205 crore to acquire 280 acres of land for the development of Mamnoor Airport at Warangal, following a "No Objection" certificate from the GMR Group, which manages Hyderabad Airport. The Airports Authority of India will develop the airport for A-320 type of aircraft, with the state providing additional land free of cost.
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Multibagger stock: Shares of Blue Cloud Softech Solutions Limited, a tech-driven company based in Hyderabad, hit the upper circuit limit on Monday, November 18 on the back of impressive Q2FY25 results and key corporate developments. Blue Cloud Softech share price hit its 5 per cent upper circuit at ₹144.20 on the BSE today. The company enjoys a market capitalisation of ₹3,145.59 crore.
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