Board of Seshasayee Paper gives nod to secure environmental clearances to ramp up expansion financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.
Several stocks including Morepen Laboratories, Brightcom Group, Avenue Supermarts, Seshasayee Paper and Boards, Supriya Lifescience, Jayaswal Neco Industries, Shalimar Paints, and Automotive Axles displayed a strong bullish momentum on June 15, 2023, by crossing their 200-day Simple Moving Average (SMA). This breakthrough indicates a potential upward trend and growth prospects in the pharmaceuticals, digital advertising, technology, retail, paper and packaging, steel and iron, paints and coatings, and automotive components industries respectively.
Shares of Tata Power will turn ex-dividend on Wednesday. The Tata group company had declared a final dividend of Rs 2 per share. The actual payment will be made on June 21.
Seshasayee Paper and Boards (SPBL) has emerged as the successful bidder for the acquisition of Servalakshmi Paper (corporate debtor in liquidation) in an eAuction held in September 2022.