Latest news with #StringMetaverse
Time of India
01-07-2025
- Business
- Time of India
D-Street's hidden bulls: 11 stocks give multibagger returns up to 522% in H1CY25. Check details
Indian equity markets rebounded strongly, closing H1CY25 with significant gains. Several stocks delivered exceptional returns, with Elitecon International leading the pack. String Metaverse also saw impressive growth, fueled by AI trends. Other top performers included Kothari Industrial Corporation and NACL Industries. Traditional sectors like defense and automobiles also contributed to the market's positive performance. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Different from league While Indian equity markets made a strong comeback in the last three months gaining 8.5% after a tumultuous start to the year and closing H1CY25 with near 8% gains, nearly a dozen stocks stamped their authority on the D-Street with a whopping 522% gains. These stocks have a market capitalisation of Rs 1,000 crore or more and hail from sectors as varied as semiconductors to chemicals and from trading to defense. Elitecon International , a trading company with a market capitalisation of Rs 10,102 crore on the BSE tops the chart with 522% returns in the January-to-June period supported by the highest trading volumes in the list at over 23 lakh shares, indicating strong investor participation. Meanwhile, String Metaverse notched an impressive 508% gain, riding the AI and virtual reality standout performers included Kothari Industrial Corporation (+381%), Blue Pearl Agriventures (+295%), and NACL Industries (+226%), reflecting investor appetite for niche sectors like fertilizers, agro-trading, and specialty manufacturing names didn't miss the party either. Force Motors advanced nearly 147%, benefiting from a recovery in the commercial vehicle segment, while defense supplier Sika Interplant Systems rose 172%, as India's defense sector continued to attract financial players like Shalimar Agencies jumped 218% though just 7,380 shares traded over the six months stocks have delivered astonishing returns of more than 1,000% but with negligible volumes. One is RRP Semiconductor whose shares have skyrocketed by a staggering 1,012%, turning heads though with a volume of just 300 shares traded on the BSE. The company's Mcap is Rs 2,756.88 other stock is GHV Infra Projects Limited , (erstwhile Sindu Valley Technologies) whose shares rallied 1,002%in the same period. The trading volume in this counter stood at 870 shares. It has business interests diversified in sectors including steel, power, refinery and petrochemicals. Haryana Financial Corporation also delivered multibagger returns of 118% albeit with abysmally low volumes of 200 shares.(Data Inputs from Ritesh Presswala): Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times)
Economic Times
01-07-2025
- Business
- Economic Times
D-Street's hidden bulls: 11 stocks give multibagger returns up to 522% in H1CY25. Check details
While Indian equity markets made a strong comeback in the last three months gaining 8.5% after a tumultuous start to the year and closing H1CY25 with near 8% gains, nearly a dozen stocks stamped their authority on the D-Street with a whopping 522% gains. These stocks have a market capitalisation of Rs 1,000 crore or more and hail from sectors as varied as semiconductors to chemicals and from trading to defense. ADVERTISEMENT Elitecon International, a trading company with a market capitalisation of Rs 10,102 crore on the BSE tops the chart with 522% returns in the January-to-June period supported by the highest trading volumes in the list at over 23 lakh shares, indicating strong investor participation. Meanwhile, String Metaverse notched an impressive 508% gain, riding the AI and virtual reality boom. Other standout performers included Kothari Industrial Corporation (+381%), Blue Pearl Agriventures (+295%), and NACL Industries (+226%), reflecting investor appetite for niche sectors like fertilizers, agro-trading, and specialty chemicals. Traditional manufacturing names didn't miss the party either. Force Motors advanced nearly 147%, benefiting from a recovery in the commercial vehicle segment, while defense supplier Sika Interplant Systems rose 172%, as India's defense sector continued to attract capital. Even financial players like Shalimar Agencies jumped 218% though just 7,380 shares traded over the six months period. ADVERTISEMENT Two stocks have delivered astonishing returns of more than 1,000% but with negligible volumes. One is RRP Semiconductor whose shares have skyrocketed by a staggering 1,012%, turning heads though with a volume of just 300 shares traded on the BSE. The company's Mcap is Rs 2,756.88 crore. The other stock is GHV Infra Projects Limited, (erstwhile Sindu Valley Technologies) whose shares rallied 1,002%in the same period. The trading volume in this counter stood at 870 shares. It has business interests diversified in sectors including steel, power, refinery and petrochemicals. ADVERTISEMENT Haryana Financial Corporation also delivered multibagger returns of 118% albeit with abysmally low volumes of 200 shares. (Data Inputs from Ritesh Presswala) ADVERTISEMENT (Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times) (You can now subscribe to our ETMarkets WhatsApp channel)
Hans India
17-06-2025
- Business
- Hans India
String Metaverse (BSE: META) Secures Canadian Fintech License, Rebrands to String Payx
String Metaverse Limited (BSE: META), a next-generation digital finance infrastructure Web3 company, is pleased to announce that it has officially received its Fintech License (MSB registration) from FINTRAC Canada, headquartered in Vancouver. In alignment with this significant milestone, the Canadian company will undergo a strategic rebranding to String Payx, with the name change to be reflected across all regulatory and operational platforms within the next 60 days. This license marks a pivotal expansion for String Metaverse, empowering it to launch comprehensive Web3-enabled digital banking services, including: · Issuance of Virtual Debit Cards · Cross-Border Wire Transfers · Full-suite Payment Solutions for businesses and individuals · Virtual Corporate Accounts · Seamless Crypto-to-Fiat On-Ramp and Off-Ramp capabilities String Metaverse is uniquely positioned at the convergence of gaming, digital assets, and fintech. With an existing user base of 4 million gamers, projected to reach 10 million, the company will leverage this license to issue Virtual Visa and Mastercard Debit Cards, fully integrated with Apple Pay and Google Pay. This enables instant global payments at over 170 million merchants across both physical and digital platforms. 'This license is a game-changer,' said [CEO Santosh Althuru], CEO of String Metaverse. 'It enables us to power the next wave of financial services for Web3-native users, seamlessly merging crypto, gaming, and global payments.'
United News of India
16-06-2025
- Business
- United News of India
String Metaverse secures Canadian Fintech Licence
Hyderabad, June 16 (UNI) String Metaverse Limited, a next-generation digital finance infrastructure Web3 company, on Monday announced it has officially received its Fintech Licence (MSB registration) from FINTRAC Canada, headquartered in Vancouver. In alignment with this significant milestone, the Canadian company will undergo a strategic rebranding to String Payx, with the name change to be reflected across all regulatory and operational platforms within the next 60 days, the company said in a release. This licence marks a pivotal expansion for String Metaverse, empowering it to launch comprehensive Web3-enabled digital banking services, including issuance of Virtual Debit Cards, cross-border wire transfers, full-suite payment solutions for businesses and individuals, virtual corporate accounts and seamless crypto-to-fiat on-ramp and off-ramp capabilities. String Metaverse is uniquely positioned at the convergence of gaming, digital assets, and fintech. With an existing user base of 4 million gamers, projected to reach 10 million, the company will leverage this license to issue Virtual Visa and Mastercard Debit Cards, fully integrated with Apple Pay and Google Pay. This enables instant global payments at over 170 million merchants across both physical and digital platforms. 'This licence is a game-changer," said Santosh Althuru, CEO of String Metaverse. 'It enables us to power the next wave of financial services for Web3-native users, seamlessly merging crypto, gaming, and global payments.' This development is aligned with String's mission to build the public infrastructure layer for open, yield-bearing financial ecosystems on blockchain — where stablecoins, tokenized assets, and real-world payments converge, Santosh added. UNI KNR PRS
Business Standard
28-04-2025
- Business
- Business Standard
Bio Green Papers concludes rights issue of Rs 49.25 cr
Bio Green Papers to be renamed as String Metaverse String Metaverse (formerly Bio Green Papers ) announced the successful closure of its Rights Issue, which was overwhelmingly oversubscribed by public investors. The Rights Issue was offered exclusively to public shareholders to assist the company in achieving the Minimum Public Shareholding (MPS) requirement. Following the successful completion of the issue, the public shareholding in the company will increase to 19%. A total of 94,71,445 shares were offered under the Rights Issue, with applications received for more than Rs 1.79 crore share, showcasing strong investor confidence and support. The company successfully raised Rs 49.25 crore through the issue. Rights Issue was oversubscribed up to Rs 100 crore, highlighting the robust demand from the public shareholders. In a significant development, the company has also received approval from the Ministry of Corporate Affairs for its name change from Bio Geen Papers to String Metaverse. Subsequently, the company has applied to the BSE for updating its name in the stock exchange records.
