Locked in 5% upper circuit, penny stock sets record date for 2:5 rights issue

With a market valuation of ₹150.95 Cr, Indowind Energy Limited is a small-cap company that operates in the country’s power industry. The business is generating Green Power through specialised wind farms and provides assistance to the wind energy industry being involved in the renewable energy sector. Recently, the company informedRead More →

Textile stock is 49% below 52-week-high, ex-date for 1:14 rights issue next week

The textile industry is the focus of Rajapalayam Mills Ltd, a small cap company with a market valuation of ₹607.85 Cr. The Ramco Group Textile Division’s flagship operation, founded in 1938, manufactures a broad variety of yarns from cotton, lenzing modal, and tencel fibres. The company has set Friday, DecemberRead More →