News for Inflame Appliances Limited (INFLAME.BO)

SEBI raises concerns over manipulation in SME segment, leading to a 5% fall in S&P BSE SME IPO index. 41 SME stocks, including Atmastco, Inflame Appliances, Srivasavi Adhesive Tapes, and Goyal Salt, witnessed double-digit fall. SEBI may implement disclosures for SME IPOs amidst price manipulation instances.

Brilliant Investment Consultants sold 17.31 lakh shares at an average price of Rs 104.8, amounting to Rs 18.14 crore.

Inflame Appliances Ltd.’s shares rose after the company announced an agreement with Havells for the supply of Chimneys and OTGs. The Hyderabad facility is now fully functional, with a combined capacity to manufacture 600,000 units of Chimneys, 120,000 units of Hobs, and 300,000 units of Gas stoves. The company is also introducing OTGs. Shares rose 5.70% to ₹659.

With revised customs duty across consumer electronics' manufacturers, analysts believe this measure would reduce costs for manufacturing mobile phones, TV panels, and kitchen chimneys

Ashish Kacholia and Utpal Sheth are both now investors in a small-cap known as ‘Raghav Productivity Enhancers’. It is the only organized player in its industry & appears to be a mo…

NOTICES Notice No. 20221012-39 Notice Date ... | October 12, 2022

These shares were purchased by the fund at an average price of Rs 332 per share, and the fund bought the stake for the first time in Gravita India.

NOTICES Notice No. 20221007-1 Notice Date ... | October 7, 2022

In the Nifty 50 index, 17 stocks were trading in the green, while 32 stocks were trading in the red.

Rakesh Jhunjhunwala, Dolly Khanna, Ashish Kacholia, Anil Kumar Goel, Vijay Kedia take their picks. See list here.

52-week highs, 52-week lows: A total of 527 stocks hit 52-week high on BSE by 11:30 am, while six scrips including Paytm touched fresh lows.