A ‘Block deal’ is a large transaction of securities, typically above a certain threshold, executed privately between two parties, usually through an exchange. It allows for the sale or purchase of a significant number of shares without impacting the market price. Premji and Associates is an investment portfolio primarily associated with Azim Premji, a prominent [...]
This healthcare stock engaged in providing primary to quaternary care services through hospitals, clinics, pharmacies, and diagnostic labs across GCC states and India, in focus after the company planning to invest Rs. 850 crore over the next three years in Kerala. Stock Price Movement: With a market capitalization of Rs. 20,215.29 crores, the shares of [...]
The shares of one of the leading PSU stock, under the Ministry of Railways, which specializes in financing Indian Railways, are in focus upon Rs. 7,500 Crore Bid Acceptance by NTPC Renewable Energy Limited. Price action With a market capitalization of Rs. 1,62,114.82 crores on Monday, the shares of Indian Railway Finance Corporation Limited (IRFC) [...]
This Consumer Durable stock which deals in electrical products, such as Industrial & Domestic Circuit Protection Devices, Cables & Wires, Fans, Motors, Home Appliances, Modular Switches, Air Conditioners, Electric Water Heaters, and others, was in focus after its plans to enter EV charging business. Price Action With a market capitalization of Rs. 95,232.45 Crores, the [...]
The shares of Auto Ancillary company, specializing in the manufacturing of automotive suspension systems, components, and shock absorbers are in focus upon signing the Technical assistance agreement with TracTive Suspension BV. Price action With a market capitalization of Rs. 6,891.32 crores on Monday, the shares of Gabriel India Limited were down upto 2.3 percent making [...]
The shares of this real estate company based in Bengaluru, came into focus on Monday after the announcement of expansion plans of Rs 1500 crore in Kerala. Stock Performance With a market capitalization of Rs 24,461.90 crore, Brigade Enterprises Ltd rose 1.3 percent in Monday’s trading session and made an intraday high of Rs 1022.40 [...]
The stock market fell again on Monday, mainly due to a sharp decline in IT stocks. The Nifty IT index dropped 2.70 percent to 39,451.30, making it the worst-performing sector. IT stocks were among the biggest losers in the Nifty 50, with Wipro falling the most, down 4.08 percent intraday. Several factors led to this [...]
This Navartana PSU stock which deals in operates in segments like Project Management Consultancy, Engineering Procurement & Construction, and Real Estate, was in focus after the company received an order worth ~Rs. 264 crores from NIT. Price Action With a market capitalization of Rs. 21,770.10 Crores, the shares of NBCC (India) Limited were down by [...]
This PSU power stock is involved in generating and distributing electricity, with a focus on thermal, hydro, and nuclear power, in focus after entering into a 50:50 joint venture with EDF for renewable energy and hydro projects. Stock Price Movement: With a market capitalization of Rs. 3,12,911.42 crore, the shares of NTPC Limited were currently [...]
The shares of this Navratna PSU stock engaged in providing nationwide broadband telecom and multimedia network services, came into focus after bagging an order worth Rs 288 crores from East Central Railways. Stock Performance With a market capitalization of Rs 9,966.74 crore, RailTel Corporation of India Ltd rose over 3 percent on Monday’s trading session [...]
