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Showing posts from July, 2025

Dev IT shares jump 7% after order win from NICSI; check details here

Dev Information Technology shares 7 per cent after it received a ₹1.29 crore order from NICSI for Integrated Financial Management System Shares of Dev Information Technology rose nearly 7 per cent on Tuesday after the company received a ₹1.29 crore order from NICSI for Integrated Financial Management System.  The IT-enabled services firm's stock rose as much as 6.6 per cent during the day to ₹120.8 per share. The stock pared gains to trade 4.9 per cent higher at ₹118.9 apiece, compared to a 0.06 per cent decline in BSE Sensex as of 12:15 PM.  Shares of the company have risen for the second straight session, but are a long way off from their all-time high level of ₹191 per share. The counter has risen nearly 29 per cent so far this year, compared to a 5.3 per cent gain in the benchmark Sensex index. Dev IT has a total market capitalisation of ₹268.04 crore Dev IT bags ₹1.29 crore order The company landed a key order from the National Informatics Centre Services Incorporated (NI...

Regis Industries Ltd. Board to Consider Bonus Issue of Shares on July 25

Regis Industries Limited (BSE: 543208), a growing player engaged in supply of heavy engineered process equipment, has announced that its board will meet on July 25 to To consider and recommend declaration of issue of bonus shares to the equity shareholders of the company. Further board will approve and take on record the Un-Audited Financial Results of the Company for first quarter ended on 30th June 2025. Regis Industries Limited, is a listed public company with a legacy spanning over four decades. Headquartered in Kolkata, the Company is committed to building long-term value through strategic initiatives and robust governance practices. In recent years, Regis Industries has focused on streamlining operations, optimizing costs, and strengthening its financial foundation. The company is actively exploring new opportunities to restart and scale operations in sectors that promise sustainable growth. Company’s core businesses include manufacturing and supply of heavy engineered process eq...

Winsol Engineers Ltd. Bags INR 21.6 Cr Order from Adani Green Energy Ltd

Winsol Engineers Limited, a leader in EPC (Engineering, Procurement, and Construction), Operations, and Consultancy services, has announced that the Company has received two service orders worth approximately INR 9.49 Cr and one purchase order worth approximately INR 12.11 Cr, aggregating to a total of INR 21.60 Cr, from Adani Green Energy Limited, for the supply of materials and associated services required towards the establishing of 33KV Transmission line for 300.5 MW Wind Power Project, Mundra. Earlier, the company announced that it delivered an exceptional performance, reflecting the strength of its business model, disciplined growth strategy, and operational excellence. Since its listing, the company has remained focused on resilience, efficiency, and long-term value creation—principles that continue to drive strong results. The company further added, “Our Company’s Standalone Sales for the Financial Year 2024-25 have surged to INR 1105.08 Million* (approx.), increasing at an ex...

Ashish Kacholia Backed Sri Lotus Developers Gets SEBI Nod for IPO, Looks to Raise INR 792 Cr

Sri Lotus Developers, a leading player engaged in real estate development, backed by ace investor Ashish Kacholia, and several bollywood stars, had earlier filed preliminary papers with the capital markets regulator SEBI to raise Rs 792 crore via initial share sale, and has received final approval from the Securities and Exchange Board of India (SEBI). The IPO comprises of solely fresh issue with no offer-for-sale component. Promoters hold 91.78 percent stake in the Lotus Developers, and the remaining 8.22 percent equity stake is held by 150 public shareholders including bollywood stars, Ashish Kacholia, NAV Capital, Dovetail Global Fund, Minerva Ventures, Oppbasket. On September 16 last year, the company had raised Rs 139.4 crore via private placement with allotment to investors including Money Spinners, Sera Investments, Smart Algo Solutions, NAV Capital, Dovetail Global Fund, Minerva Ventures, Yantra E-Solarindia, and Oppbasket. Further, on December 14 last year, it has mopped up Rs...

Fintech Veteran Prabhakar Tiwari to launch ‘Project Drone’, a Disruptive WealthTech Venture, Backed by Share India

  Seasoned executive to turn founder to revolutionize wealth management with elite team and institutional backing Marking a bold leap from corporate leadership to entrepreneurship, fintech industry veteran Prabhakar Tiwari, a renowned name in the digital broking experience with previous experience in leading discount brokers, is close to launch of his new WealthTech venture, Project Drone, with Share India Securities (NSE: SHAREINDIA, BSE: 540725) as strategic partner, which is in process of obtaining relevant approvals. This new venture marks Tiwari’s transition from accomplished fintech executive to startup founder in this space, bringing his extensive experience in driving digital transformation and customer-centric innovation to the forefront of wealth management. Project Drone aims to bridge critical gaps in India’s wealth management ecosystem by offering intelligent, technology-led solutions tailored for emerging and mass affluent Indians, especially across Tier 2, 3, and 4 c...