Top gainer: Hero Motocorp 5,945 ▲ 165 (+2.8%)
Top loser: Tata Motors 964 ▼ 23 (-2.4%)
Veefin Solutions up over 2% after 3 recent acquisitions
Veefin Solutions shares were trading higher by over 2% on Tuesday at ₹700 per share after the company announced that it had acquired 3 companies in the past 3 months. The company stated that the total valuation of the three companies is ₹400 crore. The company’s latest acquisition was of the digital lending platform EpikIndifi at a valuation of ₹125 crore. The company stated that the total expected outlay of the first tranche in the acquisitions is approximately ₹215 crore which will be done through cash and equity swap. Read more
Firstsource Solutions shares rally over 3.5% as firm collaborates with Microsoft
Firstsource Solutions share price NSE: Shares of Firstsource Solutions rallied as much as 3.62% to ₹318.50 apiece on the BSE on Tuesday, September 17, after the company announced a collaboration with Microsoft to deliver cutting-edge digital transformation services to clients worldwide. Using the power of Microsoft Azure OpenAI Service, Firstsource aims to enhance its service offerings, driving innovation and efficiency across various industries, the company said in its press release. Read more
Ola Electric shares jump 6%; m-cap hovers around ₹50,000 crore on BSE
Shares of Ola Electric Mobility jumped as much as 6.17% to ₹114.30 apiece in the morning trade on Tuesday, September 17, amid reports two major global brokerages have initiated coverage on the stock. Last seen, the market capitalisation of the company was ₹49,820.32 crore on the BSE. On August 9, Ola Electric Mobility’s shares made a flat debut on the bourses as the stock got listed at ₹76 on the National Stock Exchange (NSE), same as the issue price. Read more