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Stock hits 5% upper circuit after it is selected as a vendor for highway and railway projects

Stock hits 5% upper circuit after it is selected as a vendor for highway and railway projects

The shares of this project management consultancy firm specializing in the infrastructure field have hit an upper circuit of 5 percent following the announcement that the company has been selected as the Class A Vendor/Consultant. Price Action With a market capitalization of Rs. 246.62 crores, Dhruv Consultancy Services Limited jumped 5 percent to an upper [...]
Power stock in focus after receiving order worth ₹25,000 Cr for transmission system 

Power stock in focus after receiving order worth ₹25,000 Cr for transmission system 

The shares of one of the energy companies specializing in power transmission, distribution, and smart metering solutions  in focus,  upon securing significant project worth ~Rs.25,000 crores for the Bhadla-Fatehpur HVDC transmission system  Price action With a market capitalization of 97,706 Crores on Wednesday, the shares of Adani Energy Solutions Ltd, trading at Rs. 791 down [...]
Ambani stock in focus after incorporating 2 subsidiaries to expand into renewable energy sector

Ambani stock in focus after incorporating 2 subsidiaries to expand into renewable energy sector

Ambani Group Infrastructure Company, a major player in India's infrastructure and power sectors, is expanding into renewable energy and electric vehicles by establishing new subsidiaries. This move highlights the company’s focus on innovation and sustainability in response to evolving industry trends. Share Price Movement of Reliance Infrastructure The shares of Reliance Infrastructure Ltd, around 12:30 [...]
Navratna stock in focus after receiving order worth ₹47 Cr from North Western Railway

Navratna stock in focus after receiving order worth ₹47 Cr from North Western Railway

The shares of one of the leading Navratna PSU specialised in offering a wide range of services including data communication, network management, system integration and more  in focus, after receiving a new work order worth Rs. 46.79 crores from North Western Railway. Price action With a market capitalization of 12,880 Crores on Wednesday, the shares [...]
Why did IndiaMart shares fall 9% despite a 48% increase in profit?

Why did IndiaMart shares fall 9% despite a 48% increase in profit?

The B2B segment in India is witnessing significant growth, driven by the increasing digitalization of industries and the shift towards e-commerce. With businesses increasingly seeking efficient and scalable solutions, B2B platforms are playing a key role in facilitating trade and services between enterprises. This sector offers immense growth potential, particularly in manufacturing, logistics, and technology, [...]
Vijay Kedia stock jumps 5% after company to invest ₹342 Cr to expand its businesses

Vijay Kedia stock jumps 5% after company to invest ₹342 Cr to expand its businesses

The shares of one of the leading pharmaceutical companies, specialising in the production of active pharmaceutical ingredients (APIs) and intermediates, jumped up to 5 percent following the approval of two capital expenditure projects worth Rs. 342 crores. Price action With a market capitalization of 16,930 Crores on Wednesday, the shares of Neuland Laboratories Ltd, trading at [...]
Pharma stock falls 6% after income tax department raided the company

Pharma stock falls 6% after income tax department raided the company

This Pharma stock is engaged in pharmaceutical contract development and manufacturing organization and offers a range of pharmaceutical products and services is down 6 percent after the Income Tax Raid on the company and its subsidiaries.  Price Action  With a market capitalization of Rs. 9,334.25 Crores, the shares of Akums Drugs and Pharmaceuticals Limited down [...]
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