The preferential issue raised ₹42 crore for SJ Corporation, with shares issued at a price of ₹12 per share, which includes a premium of ₹11. The shares were allotted to both new and existing investors, reflecting the company’s strategy to strengthen its financial position and attract new promoters.

Currently, SJ Corporation operates in the Gems & Jewellery and Real Estate sectors. However, the company has faced challenges, as indicated by its trailing P/E ratio of approximately 123-130x and negative return on equity (ROE). Additionally, the average daily trading volume of SJ Corporation shares has been zero, highlighting a significant liquidity risk.

The recent approval from BSE is expected to boost the company’s trading volume, which is crucial for its market presence. The shares have seen a 40% increase over the past year, yet the company still grapples with weak sales growth.

Despite the positive steps taken, further conditions must be met before trading can commence. This includes obtaining approval from the National Stock Exchange (NSE) and confirming the share credit and lock-in period. Details remain unconfirmed regarding how quickly SJ Corporation will meet these regulatory requirements.

The impact of the raised funds on the company’s business performance remains uncertain, as stakeholders await clarity on how these developments will influence SJ Corporation’s financial health moving forward.

The post शेयर एक्सचेंज: Share Exchange Update: SJ Corporation Limited Secures BSE Approval appeared first on newscri.

Prior to the recent developments, MRPL’s stock had been on a positive trajectory, with significant returns over the past three months (24.32%) and one year (67.94%). Investors were optimistic about the company’s performance, particularly in light of its strong profit margins and market positioning.

On March 9, 2026, MRPL’s stock reached a new 52-week high of Rs 214.95, marking a decisive moment for the company. However, this peak was short-lived as the stock subsequently declined to an intraday low of Rs 191.15, reflecting a volatility of 8.48% within the trading session.

This decline of 7.41% in MRPL’s share price was notably sharper compared to the overall oil sector, which experienced a lesser fall. This shift has raised concerns among investors about the stability of MRPL’s stock in the current market environment.

Despite the recent drop, MRPL’s Mojo Score remains at a positive 74.0, indicating a generally favorable outlook for the company. Additionally, MRPL’s market capitalization stood at Rs 36,164.88 crore as of March 8, 2026, showcasing its substantial presence in the market.

In a positive development, MRPL announced an interim dividend of Rs 4 per share for the financial year 2025-26, with a record date set for March 11, 2026. This announcement may provide some reassurance to shareholders amid the stock’s recent volatility.

As of March 6, 2026, Tech Mahindra’s price-to-earnings (P/E) ratio stands at 27.06, with a current market price of ₹1,333.00. The company’s share price has seen a significant decline of 19.02% over the past month.

In addition to the P/E ratio, Tech Mahindra’s price-to-book value (P/BV) ratio is 4.75, while the enterprise value to EBIT (EV/EBIT) is 19.43. The EV to EBITDA ratio is reported at 15.08, and the PEG ratio is 0.94.

Investors may also note that Tech Mahindra offers a dividend yield of 3.37%. The company’s return on capital employed (ROCE) is 26.62%, and the return on equity (ROE) is 16.31%.

Historical Performance

Over the past decade, Tech Mahindra has delivered a robust return of 195.24%, closely mirroring the Sensex’s appreciation of 224.65%.

In a recent statement, Amol Phadke, Chief Transformation Officer at Tech Mahindra, highlighted the reliance of network operations centers on rule-based workflows, indicating a need for modernization in operational processes.

Furthermore, Chris Penrose, Vice President of Global Business Development at NVIDIA, emphasized the potential of their collaboration with Tech Mahindra to integrate AI systems in live network operations, enhancing adaptability and learning capabilities.

Looking Ahead

As Tech Mahindra continues to navigate the evolving landscape of technology and telecommunications, observers are keenly watching how these financial metrics will influence its strategic decisions and market positioning.

Details remain unconfirmed regarding future projections and potential impacts from ongoing collaborations within the industry.

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