Neogen is poised to lead in battery chemicals with its early entry and technology partnership with MUIS (Japan), targeting over 30 percent market share in India by 2030. Additionally, its core business sees traction in the CSM segment.
FIIs raised stakes in almost 60 percent of firms on the BSE SmallCap index in the March quarter. Out of 1,000 BSE SmallCap index stocks, 596 saw a rise in FII holding
Another highlight for the quarter was the reduction in net debt, with the total figure now reduced to Rs116 crore, compared to Rs1,966 crore at the end of financial year 2023. Reliance New Energy Ltd. owns a 32.54% stake in Sterling & Wilson, based on the company s shareholding pattern disclosed to the exchanges as of March 31, 2024.
According to news reports, SEBI has taken action against two groups of foreign portfolio investors. The first allegedly shorted stocks in Gautam Adani-led firms ahead of a short seller report from Hindenburg Research, which caused over $100 billion in market value loss for the Adani Group in January 2023.
Thomas Cook is a leading travel and forex company offering global services with a focus on innovation. Expanding into resorts and souvenir imaging solutions through acquisitions. Sales are rebounding post-Covid, with long-haul leisure travel and other segments expected to drive 17.2 percent revenue growth by FY26.