India’s largest solar module manufacturer saw its shares surge 15 percent after the company reported a strong 37 percent year-on-year rise in revenue. The impressive growth, driven by robust demand and capacity expansion, has sparked investor optimism. The company also shared its forward-looking guidance, adding to the positive market sentiment. Price Movement During Wednesday’s trading [...]
During Wednesday’s trading session, the shares of one of the leading players in the tiles and marble business are in focus on stock exchanges, after Kamath Associates bought shares worth Rs. 9.7 crores via a bulk deal on NSE. Price Movements: With a market cap of Rs. 884.2 crores, the shares of NITCO Limited hit [...]
During Wednesday’s trading session, the shares of a leading global renewable energy solutions provider are in focus on stock exchanges, after the company announced securing a 378 MW wind energy project from NTPC Green Energy. Stock Performance: With a market cap of Rs. 81,317.4 crores, at 11:26 a.m., the shares of Suzlon Energy Limited were [...]
The shares of one of the leading Infrastructure stocks, specialising in providing engineering, procurement, and construction (EPC) services, hit a 5 percent lower circuit after PFC filed a complaint with the Economic Offences Wing (EOW) against the company. Price action With a market capitalization of Rs. 383.06 crores on Wednesday, the shares of Gensol Engineering [...]
A newly listed automobile stock gained 2 percent after Plutus Capital Management acquired a stake worth Rs.18 lakhs. The investment has sparked fresh investor interest, indicating growing confidence in the company's prospects soon after its market debut. Price Movement During Wednesday’s trading session the shares of Resourceful Automobile Ltd reached an intra-day high of Rs.64.01 [...]
The shares of this Tata Group company engaged in offering telecommunication services have posted their results for FY 25, with the net profits up by 223 percent and the revenue surging 6 percent. Check it out. Price action With a market capitalization of Rs. 45,538 crores on Wednesday, the shares of Tata Communication Ltd were [...]
The shares of the Micro-cap company is a renowned manufacturer specializing in high-quality steel cord conveyor belts, jumped upto 5 percent upon receiving a work order from NLC India and Maharashtra State Power Generation worth Rs. 48.64 Crores. Price action With a market capitalization of Rs. 231.29 crores on Wednesday, the shares of Somi Conveyor [...]
Shares of this leading defence stock rose 2 percent following the Competition Commission of India's (CCI) approval of its acquisition of AAM India Manufacturing Corporation Pvt Ltd. The approval is contingent upon implementing certain voluntary modifications proposed by the companies involved. Price Movement During Wednesday’s trading session, shares of Bharat Forge Ltd reached an intra-day [...]
Adani Group’s stock surged following Axis Capital’s positive outlook on the recent acquisition of Singapore-based Abbott Point Port. Axis Capital highlighted significant upside potential for the company post-acquisition, boosting investor confidence. The deal is seen as a strategic move that could unlock further growth opportunities for Adani, driving up its stock price in the process. [...]
The 200-day moving average (200 DMA) is a widely used technical indicator in financial markets. It is calculated by taking the average closing prices of a security over the past 200 days. One of the primary reasons the 200-day moving average is popular is its ability to act as a support or resistance level. When [...]
