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Defence stock jumps after company receives Maharatna status

Defence stock jumps after company receives Maharatna status

The shares of the leading defence company gained up to 2.2 percent after the company received approval for Maharatna Central Public Sector Enterprise (CPSE).  With a market capitalization of Rs 3.01 lakh crore, the shares of Hindustan Aeronautics Ltd were trading at Rs 4,510.00 per share, increasing around 1.42 percent as compared to the previous [...]
Stock under ₹20 jumps 10% after receiving ₹50 Mil order from Dubai based company

Stock under ₹20 jumps 10% after receiving ₹50 Mil order from Dubai based company

Shares of this small-cap stock engaged in manufacturing, trading and exports of Brass items surged around 10 percent to Rs.15.78 per share after securing an order from Dubai-based company to supply Brass billets to China for a total value of Rs.50 Million.  Price Movement  In Monday's trading session, Sprayking Ltd's share price reached an intra-day [...]
Infra stock jumps 8% after receiving orders worth ₹2,310 Cr from Maharashtra Govt.

Infra stock jumps 8% after receiving orders worth ₹2,310 Cr from Maharashtra Govt.

The shares of the leading highway developer gained up to 8 percent after the company received three letters of Acceptance from Maharashtra State Road Development Corporation Ltd worth Rs 2,310 crore.  The shares of Ashoka Buildcon Ltd were trading at Rs 264.10 per share, increasing around 5.44 percent as compared to the previous closing price [...]
Stock under ₹150 in the business of construction for defence and civil

Stock under ₹150 in the business of construction for defence and civil

With a market capitalization of Rs. 329.87 crores, the shares of this prominent construction company started Monday’s trading session on a higher note at Rs.136.45, locking a 1.43 % compared to its previous close of Rs. 135.56 apiece.  Financials:  Looking at RKEC Projects Ltd’s financial performance, the revenue decreased by 44 percent from Rs. 151.33 [...]
Stocks in Focus: Reliance, Bajaj Auto and 4 others announcing results next week

Stocks in Focus: Reliance, Bajaj Auto and 4 others announcing results next week

With the earnings season on the horizon, investors are keenly anticipating the announcement of Q2 results scheduled for next week. Analysts expect to gain valuable insights into the financial performance of these companies, with market reactions expected to hinge on revenue, profit margins, and future strategies. The results are poised to shape market sentiment and [...]
5 Stocks in which mutual funds increased their stake by 10% in Q2

5 Stocks in which mutual funds increased their stake by 10% in Q2

Mutual funds are investment vehicles that pool money from multiple investors to purchase a diversified portfolio of stocks, bonds, or other securities, which helps reduce the overall risk of the investment and protect the investor's portfolio from the volatility of individual securities.  Listed below are some of the stocks in which Mutual Funds have increased [...]
Bank stocks that are aiming to reduce NPAs in FY25 to add to your watchlist

Bank stocks that are aiming to reduce NPAs in FY25 to add to your watchlist

The banking sector is poised for a significant transformation as it aims to achieve record low non-performing assets (NPAs) by FY25. This improvement is attributed to robust provisioning measures and enhanced asset quality across various banks, setting a positive outlook for the financial landscape.  Non-Performing Assets (NPAs) are loans or advances that have not generated [...]
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