KABIL, a joint venture between NALCO, Hindustan Copper, and Mineral Exploration, has signed an agreement with Argentina s CAMYEN SE to explore and mine lithium. This is first-ever lithium exploration and mining project by a government company of India.
Retail investors incurred a loss of ₹3,108 crore. At the end of Q2FY24, retail investors held 20,388,755 shares, constituting a 13.58% stake in the company.
The company s shares made their debut on the Indian stock exchanges on December 27, 2023, listing at ₹105 apiece, representing a 5% premium to the IPO price of ₹100. Considering the stock s current market price of ₹211 apiece, it is trading 111% higher than its issue price.
Shares of Mangalore Refinery and Petrochemicals surged 17.8% to hit a new record high of ₹158 apiece in today s trading session, surpassing their previous record set in 2008. The stock has generated multibagger returns of 137.52% in 2023.
Motisons Jewellers shares continued their winning streak, hitting an all-time high of ₹189 per share, gaining 20% in today s trade. At current levels, the stock is trading 243.63% higher than its issue price.