The shares of Bandhan Bank gained 3.68% on Tuesday to reach an intraday high of ₹ 255.85 apiece on the Bombay Stock Exchange (BSE). This happened after the company informed the bourses that it has received the first tranche of money under the government’s Credit Guarantee Fund for Micro Units (CGFMU) amounting to Rs 916.61 [...]
The Indian equity benchmarks BSE Sensex and NSE Nifty50 opened in the green on Tuesday amid largely positive cues from global markets. Till the afternoon, the Nifty50 was trading 91 points or 0.49% higher at 18,588 levels while the BSE Sensex gained 337 points or 0.5% to trade at 62,477 levels. Amid growing markets, here [...]
Som Distilleries and Breweries Ltd. approved a proposal to set up a new canning facility and expand its existing utilities at Bhopal with an investment of ₹ 100 crores. The board will fund the expansion plan with the help of funds raised through a rights issue. In addition, it will also raise funds through the [...]
Benchmark equity indices were trading in red on Monday afternoon, amid weak global cues. The Nifty hovered near the 18,430 mark, down 0.33%. Similarly, the Sensex was at 61950 points, down 0.36%. Oil & gas, metal, and media shares witnessed buying demand, while IT, consumer durables and healthcare stocks saw selling pressure. Meanwhile, foreign brokerage [...]
The government's focus on infrastructure spending and affordable housing has led investors to be optimistic about the cement sector in India. The country approaching the peak construction period that falls between January-March along with the ongoing festive season has led multiple cement stocks to rally. Here are 3 cement stocks that have reached a new [...]
The shares of Yes Bank soared 13.80% during early trades on Friday to reach a fresh 52-week high of ₹ 20.50 apiece on the National Stock Exchange (NSE), in an otherwise weak market. The Nifty Bank index reached its 52-week high of 43853.40 points. Yes Bank has outperformed the index by gaining 52.65% in the [...]
The shares of Triveni Engineering and Industries declined 6.36% on Thursday to reach an intraday low of ₹ 275.25. They were trading at ₹ 276.70 apiece at 02:31 PM on Thursday. Around 20.73 million shares representing 8.58% of Triveni Engineering changed hands on the BSE. The names of the buyers and sellers were not known [...]
The shares of Cummins India Limited started the session on Thursday at a strong note as it reached a new 52-week high of Rs 1,471.25. The Global power solutions provider came to the limelight after the company in collaboration with Tecnimont Pvt ltd will help GAIL (India) set up a proton exchange membrane electrolyzer for [...]
The shares of Power Mech Projects Ltd surged to a record high of ₹ 2398.00 apiece on the BSE during early trades on Wednesday. The stock has outperformed the benchmark index this year (YTD) and has given multibagger returns. Power Mech Projects is an engineering and construction company providing integrated services in the erection, testing [...]
Domestic benchmark indices extended gains into the third straight day as global markets bounced back. BSE Sensex surged 787 points, or 1.3% to end at 60,747, while broader NSE Nifty 50 shut shop at 18,011, up 225 points or 1.26%. Amid the soaring markets, here are two stocks that have reached their 52-week high: Dabur [...]
