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Auto stock to sell now for downside of 40%; Do you hold it?

Auto stock to sell now for downside of 40%; Do you hold it?

According to CLSA's prediction, the share price of this prominent automobile manufacturer, specialising in two-wheelers and three-wheelers, could drop to Rs.7,000 per share, representing a 40 percent decline.  Share Price Variation  In Wednesday's trading session, Bajaj Auto Ltd share price is trading at Rs.11,940.9 per share, 0.08 percent down from its previous close of Rs.11,944.25 [...]
Power stock jumps 5% after receiving order from Maharashtra Govt for energy storage project

Power stock jumps 5% after receiving order from Maharashtra Govt for energy storage project

Shares of this leading integrated power utility company, jumped over 5 percent after securing an order of 1,500 MW (Mega Watt) for development of Pumped Hydro- storage project from Maharashtra State Electricity Distribution Company Ltd (MSEDCL).  Price Movement  In Wednesday’s trading session, Torrent Power Limited's share price reached an intraday high of Rs.1,873.2 per share, [...]
Infra stock jumps 4% after receiving work order worth ₹ 30.05 Cr from Hn Safal Infra Developers

Infra stock jumps 4% after receiving work order worth ₹ 30.05 Cr from Hn Safal Infra Developers

The shares of the leading infrastructure company gained up to 4 percent after the company bagged a prestigious work order from Hn Safal Infra Developers Pvt Ltd worth Rs 30.05 crore.  With a market capitalization of Rs 495.59 crore, the shares of Chavda Infra Ltd were trading at Rs 201.00 per share, increasing around 4.36 [...]
Stock jumps 13% after it partners with Star Health Insurance; Board to consider fundraise

Stock jumps 13% after it partners with Star Health Insurance; Board to consider fundraise

Shares of one of India's largest Last Mile Distribution Platform with a Physical as well as Digital Eco-system surged 13.7 percent on BSE to Rs. 23.8 on Wednesday, after announcing a partnership with Star Health Insurance, as well as scheduling a Board meet to consider fundraising.  With a market capitalisation of Rs. 2,459 crores, at [...]
Ambani group stocks jump 8% after companies reduced their debt

Ambani group stocks jump 8% after companies reduced their debt

Anil Ambani-backed stocks in the infrastructure and power transmission sectors are drawing attention in Wednesday’s trading session. After clearing substantial debt, these stocks have surged over 5 percent and hit the upper circuit limit, reflecting strong investor confidence and renewed interest.  Share Price Movement  In Wednesday’s trading session, Reliance Power Ltd’s shares reached the 5 [...]
Auto ancillary stock jumps 3% after company to list on Nasdaq Stockholm

Auto ancillary stock jumps 3% after company to list on Nasdaq Stockholm

The shares of the leading automotive service provider gained up to 3 percent after the company’s promoter announced the separation of its automotive business globally.  With a market capitalization of Rs 26,933.80 crore, the shares of SKF India Ltd were trading at Rs 5,448.00 per share, increasing around 0.63 percent as compared to the previous [...]
Ashish Kacholia stock to buy now for an upside of 45%; Do you own it? 

Ashish Kacholia stock to buy now for an upside of 45%; Do you own it? 

India's household appliances industry is rapidly expanding, driven by rising incomes and urbanization. Valued at $10.93 billion in 2022, it's expected to grow at a CAGR of 9.5%, reaching $21.18 billion by 2028. Key segments include kitchen appliances, air conditioners, refrigerators, and washing machines.  With a market capitalization of Rs 3,045.06 crore, the shares of [...]