In recent months, India has received the most FII inflows among any developing economies. With the Indian economy on an upward trajectory, Foreign Institutional Investors(FII) have invested more than $16 billion in the first 16 weeks of FY24. According to NSDL statistics (June 16-30), FIIs were net buyers of Rs 13,300 crore in financial stocks, [...]
A large-cap IT stock gained 3.87 percent to reach an intraday high of ₹ 1,477.95 apiece after the company announced that it has entered into a framework agreement with one of its existing strategic clients to provide AI and automation-led development, modernization and maintenance services, with a targeted spend of $ 2 billion over a [...]
Shares of this Penny stock hit their 52-week high after JV company received a Letter of Acceptance ((LoA) for a project in Himachal Pradesh worth Rs 138.24 crores. With a market capitalization of Rs 240 crores, the stocks of RPP Infra Projects Limited closed today at Rs 64. The scrip witnessed an intra-day high of [...]
Shares of one of the pioneer and leading manufacturers in the steel tube and pipe business gained 8 percent to Rs 42.25 on Tuesday's first half session following announcement of strategic partnership with JSW Steel, At 3:05 p.m., Rama Steel Tubes ltd shares were trading at Rs 40.30 per share, up 2.81 percent. According to [...]
Shares of a small-cap Non-Banking Financial Company (NBFC) gained nearly 8% on Tuesday’s early trades after a company co-owned by ace investor Ashish Kacholia bought a stake in it. Its shares reached an intraday high of ₹ 236.75 apiece against a previous close of ₹ 219.50 apiece on the National Stock Exchange (NSE). As per [...]
The shares of India's premier telecom company and multi-unit central public sector undertaking that provides total solutions in the telecommunications segment rose 4.2 percent on Tuesday's trade following recognition from ISRO for its role in the launch of Chandrayaan-3. At 2:30 p.m., ITI Limited shares were trading at Rs 111.00 per share, up 2.35 percent. [...]
Shares of Tata Group Agro-chemical stock jumped after another Tata Group company increased its stake via a Block Deal today with 97 Lakh shares exchanging hands. With a market capitalization of Rs 4,200 crores, the stocks of Rallis India Limited are trading in the green today trading at Rs 217. The scrip witnessed an intra-day [...]
Shares of this small-cap IT stock are trading in the red today falling around 5 percent after completing a Qualified Institutions Placement (QIP) of equity shares at a discount to the floor price set by the company. The stocks of Happiest Minds Technologies Limited are currently trading at Rs 944.10, a fall of around 5 [...]
In Tuesday's early trade, shares of the country's second-largest automotive battery manufacturer and technological leader in lead-acid batteries fell 6% to Rs 643.40 apiece on reports of a block deal. Amara Raja Batteries Ltd shares were trading at Rs 650.15 on the NSE at 12:40 p.m., down 5.05% from the previous close, with a market [...]
The manufacturer of ‘Sleepwell’ mattresses, has cemented its leadership position in foam-based home-comfort products and marked its entry into the branded furniture market, by announcing the acquisition of a stake in its rival companies, in two simultaneous deals. These acquisitions will make the company an undisputed leader across major product categories. Shares of Sheela Foam [...]
