Thu, Feb 1, 2024 4:16 PM
Nomura's Sonal Varma says FY25 Budget 'not a pre-election budget'
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Shangar Decor, a BSE-listed penny stock, has announced a Rs 49.35 crore rights issue at Rs 5.76 per share, with the issue closing on December 6. The company plans to use the proceeds for working capital, rights issue expenses, and general corporate purposes. Shangar Decor's shares have delivered multibagger returns, surging 140.97% in the last 180 days and 158.31% YTD.
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Shares of National Fertilizer (NFL) are spiking in morning trade on November 25, rising over 4% after the company announced foray into manufacturing of nano urea, in-line with Centre's efforts to become self-reliant in urea production. "The company shall be manufacturing 1.5 lakh bottles of 500 ml per day at its nangal plant with the new variant," NFL said in a statement.
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Reported Standalone quarterly numbers for Sandu Pharmaceuticals are: Net Sales at Rs 17.70 crore in September 2024 up 6.61% from Rs. 16.61 crore in September 2023. Quarterly Net Profit at Rs. 0.50 crore in September 2024 down 9.34% from Rs. 0.55 crore in September 2023. EBITDA stands at Rs. 0.94 crore in September 2024 up 3.3% from Rs. 0.91 crore in September 2023.
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