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Outperforming Jindal Group stock jumps 5% after company announces 4:1 bonus issue

Outperforming Jindal Group stock jumps 5% after company announces 4:1 bonus issue

Shares of this Jindal group company, which is in the business of textile engaged in Denim fabric, yarn dyeing, premium shirtings, bottom weights, and home textiles was up by 5.5 percent intraday trade to Rs.470.95 per share, following the announcement of the bonus share issue.  Price Variation  In Wednesday’s session, Jindal Worldwide's share price jumped [...]
Realty stock jumps 8% after company’s sales increases by 200% YoY

Realty stock jumps 8% after company’s sales increases by 200% YoY

The real estate sector in India has been a key driver of economic growth, and in 2024, it continues to capture the attention of investors. Real estate stocks, particularly those from large developers, have seen significant interest due to the sector’s recovery post-pandemic. The sector's resilience is backed by growing demand for residential, commercial, and [...]
PSU stock in focus after company’s board approves ₹1,000 Cr IPO for its JV company

PSU stock in focus after company’s board approves ₹1,000 Cr IPO for its JV company

This PSU stock which deals in the business of refining of crude oil and marketing petroleum products was in focus after clarification on approval for a Joint Venture company IPO.  Price Action  With a market capitalization of Rs. 1,22,670.22 Crores, the shares of Bharat Petroleum Corporation Limited were up by 2 percent touching a day’s [...]
Healthcare stock jumps 5% after Multi-manager ICVC sold 4,34,943 share in the company

Healthcare stock jumps 5% after Multi-manager ICVC sold 4,34,943 share in the company

This Diagnostic stock which deals in the business of consumer healthcare brands in diagnostic services with an integrated nationwide network, where patients and healthcare providers are offered a broad range of diagnostic and related healthcare tests and services was up 5 percent after the Multi-Manager ICVC sold their stake through Bulk deal.  Price Action  With [...]
Agro chemical stock jumps 5% after release of promotor’s pledged shares

Agro chemical stock jumps 5% after release of promotor’s pledged shares

India's fertilizer sector is integral to the nation's agrarian economy, contributing to its GDP. With a growing population and increasing food demand, the need for fertilizers is expected to rise. Government policies, subsidies, and investments in infrastructure aim to enhance domestic production and improve supply chain efficiencies, creating a positive growth outlook for the sector.  [...]
Auto ancillary stocks jumps 7% after commencement of production for tractor manufacturer

Auto ancillary stocks jumps 7% after commencement of production for tractor manufacturer

In Monday’s trading session, the shares of one of the Auto ancillary stocks specializing in precision-machined components, primarily for the automotive and heavy commercial vehicle sectors jumped up to 7 percent following the commencement of a new component manufacturing facility  Price action With a market capitalization of 405.19 Crores on Monday, the shares of Pritika [...]
Smallcap stock in focus after company plans to raise ₹1,000 Cr via QIP 

Smallcap stock in focus after company plans to raise ₹1,000 Cr via QIP 

This Smallcap stock is engaged in the business of manufacturing of aerospace components and supplies and turbines and its products to original equipment manufacturers in focus after the company plans to raise Rs. 1,000 crores through QIP.  Price Action  With a market capitalization of Rs. 10,630.59 Crores, the shares of Azad Engineering Limited touched a [...]
Infra stock jumps after receiving LoI from Gujarat Govt. for battery energy storage systems

Infra stock jumps after receiving LoI from Gujarat Govt. for battery energy storage systems

The shares of this infrastructure company gained up to 2 percent from intraday high after the company received a Letter of Intent (LOI) from Gujarat Urja Vikas Nigam Ltd for Battery Energy Storage Systems.  With a market capitalization of Rs 9,478.16 crore, the shares of H.G. Infra Engineering Ltd were trading at Rs 1,454.55 per [...]
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