Tata Investment Corporation Shares gain 12% to Hit 52-Week High: Reasons for Today’s Rise

Shares of Tata Investment Corporation Limited (TICL) rose 11.5% to a 52-week high of ₹8,125 per share on Tuesday, September 23. The company has received shareholder approval for the stock split, or subdivision of shares, it had previously announced. The investment company has approved splitting each fully paid-up equity share of ₹10 face value into…

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HFCL inflation 4.5% after defence manufacturing facilities in Andhra Pradesh are approved

Shares of HFCL gained over 4% on Friday, September 12, after the State Investment Promotion Board approved the acquisition of 1,000 acres of land in Andhra Pradesh for setting up defence manufacturing facilities. The Andhra Pradesh Industries and Commerce Department has announced that the State Investment Promotion Board has approved the company’s proposal to acquire…

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