Zen Technologies hits 10% upper limit on strong Q1 performance

Shares of Zen Technologies were locked at the 10 per cent upper circuit at Rs 675 on the BSE in Monday’s intra-day trades after the company reported a strong set of earnings for the June quarter.  The company’s net profit zoomed 474 per cent to Rs 47.13 crore for the quarter ended June… Continue reading Zen Technologies hits 10% upper limit on strong Q1 performance

Sanghi Ind freezes at 5% upper circuit as Ambuja eyes buying majority stake

Shares of Sanghi Industries were locked in the 5 per cent upper circuit at Rs 100.73 on the BSE on Wednesday after a Reuters report said that Ambuja Cements has reached a deal to acquire a majority stake in the company. The deal valuation is expected to be pegged at Rs 6,000 crore. A combined… Continue reading Sanghi Ind freezes at 5% upper circuit as Ambuja eyes buying majority stake