Trendlyne Blog: , Latest on stock market and finance in India and the world.

29 Mar 2025

350.00

-0.57%

SIS Cash Service IPO to raise Rs 100 cr, promoters offer 3.7 mn addl shares

Business Standard

Cash logistics player SIS Cash Service Ltd has filed draft papers with the market regulator Sebi to mop up funds through an initial public offering (IPO). The IPO is a mix of fresh issue of shares worth Rs 100 crore and an offer for sale (OFS) of 37.15 lakh shares by promoters, according to the draft red herring prospectus (DRHP) filed on Thursday. Those selling shares in the OFS are SIS Ltd and SMC Integrated Facility Management Solutions Ltd. Proceeds from the fresh issue to the tune of Rs 37.59 crore will be used for the purchase of cash vehicles and fabrication of the secured vehicle; Rs 29.81 crore for payment of debt and a portion will be used for general corporate purposes. SIS Cash Services is the second-largest player in the industry by revenue for fiscal 2024, with an estimated market share of 17-18 per cent, according to a Crisil report. The company operates under the trademark SIS Prosegur, while its wholly-owned material subsidiary, SIS Prosegur Holdings, operates un

Number of FII/FPI investors increased from 104 to 116 in Jun 2025 qtr.

TeamLease Services Ltd.

26 Mar 2025

1927.00

-0.36%

India's tech sector sees more women, yet leadership gaps persist

Business Standard

TeamLease Digital's latest report highlights GCCs leading gender diversity efforts, with female representation rising from 31.4% in 2020 to 38.3% in 2024, driven by DEI policies and global strategies

TeamLease Services L.. has an average target of 2200.00 from 1 broker.

MSTC Ltd.

26 Mar 2025

534.45

0.62%

MSTC Announces Third Interim Dividend Of Rs 4.50 Per Share

NDTV Profit

The public sector enterprise previously announced a second interim dividend of Rs 32 apiece alongside first interim dividend for Rs 4 per share.

MSTC Ltd. has gained 20.06% in the last 1 Month

SIS Ltd.

26 Mar 2025

350.00

-0.57%

SIS Ltd shares drop 3% after board approves buyback; check details here

Business Standard

The buyback is proposed to be made from all the shareholders/beneficial owners of the equity shares of the company

SIS Ltd. is trading below all available SMAs

Small-cap stock SIS declares buyback of shares at 404. Check details

livemint | 26 Mar 2025

Vakrangee Ltd.

25 Mar 2025

9.46

1.28%

Penny stock in focus after THIS business expansion update

livemint

Penny stock Vakrangee Limited opened at 11.66 but closed at 10.96, down 4.86% on the BSE. The company plans to expand its ATM network by deploying 3,000 new machines in FY 2025-26 to enhance financial accessibility in underserved areas.

Vakrangee Ltd. is trading below its 100 day SMA of 9.6

SIS Ltd.

25 Mar 2025

350.00

-0.57%

Small-cap stock SIS to declare buyback of shares today. Do you own?

livemint

At 9:30 am, SIS share price was trading at 330.05 on National Stock Exchange (NSE) on March 25.

SIS Ltd. is trading below all available SMAs

Paradeep Parivahan Ltd.

24 Mar 2025

138.05

1.40%

Paradeep Parivahan makes negative debut, lists at 20% discount on BSE SME

Business Standard

The listing of Paradeep Parivahan was significantly below the market expectations

Paradeep Parivahan Ltd. has gained 21.84% in the last 3 Months

Adani Enterprises Ltd.

21 Mar 2025

2402.00

0.11%

Another shock for cable makers, Adani enters fray

Economic Times

Kutch Copper, a wholly-owned subsidiary of group incubator and flagship, Adani Enterprises, has formed a joint venture with Praneetha Ventures to manufacture and sell metal products, wires and cables.