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Fineotex Chemical shares surged 16.6% after the company announced a board meeting on September 27 to consider dividend declaration, stock split, and bonus shares. The agenda also includes raising authorised capital. Investor focus sharpened as ace investor Ashish Kacholia holds a 2.74% stake, amplifying market interest in corporate developments.
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Market expert Mayuresh Joshi notes that the Indian equity market is navigating global uncertainties, including tariff concerns and policy shifts. While government reforms and GST rationalization offer potential positives, export challenges and valuation concerns persist for foreign investors. Joshi suggests a selective, sector-specific approach, highlighting opportunities in financial services, NBFCs, FMCG, and other sectors.
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Ganesh Infraworld, an EPC firm based in Kolkata, intends to raise funds. The company plans to secure Rs 200-250 crore through a qualified institutional placement soon. Ganesh Infraworld got listed on NSE SME Emerge platform last year. Since its debut, the company's stock has increased significantly. However, the company's shares experienced a slight dip recently.
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