Sugar stocks surged in the early hours of Tuesday after reports surfaced that the companies are likely to see a fall in production in the coming months. The marketing year for sugar companies is from October to September of the year. The reports suggest that sugar production is likely to see a drop of as [...]
The shares of TCNS clothing appreciated to the tune of 9.55 % on Tuesday to reach an intraday high of ₹ 623.70 apiece. This happened after Aditya Birla Fashion (ABF) became the frontrunner to acquire a promoter stake in the company. Once everything is said and done, this might become one of the largest acquisitions [...]
Mazagon Dock Shipbuilders’ share price sailed northwards to reach a fresh 52-week high of ₹ 936.40 apiece on the National Stock Exchange on Monday (NSE). Mazagon Dock Shipbuilders (MDS) is India’s only shipyard to have built destroyers and conventional submarines for the Indian Navy; one of the initial shipyards in India to manufacture Corvettes (Veer [...]
Luxury and premium watch manufacturer, Ethos Limited’s shares rallied 6.19% to reach an intraday high of ₹ 973.80 apiece on the National Stock Exchange (NSE). Its shares were trading at ₹ 962.550 apiece at 11:59 AM on Monday. Exclusive partnership with Speake-Marin The company on Friday informed the bourses that it has signed an exclusive [...]
The shares of Satluj Jal Vidyut Nigam (SJVN) Ltd opened at Rs 40.65 on Monday and scaled by more than 2 percent to reach an all-time high of Rs 42.35 in the early hours. This came after the company reported that its green energy arm, SJVN Green Energy has bagged a 200 MW solar project [...]
The shares of Adani Enterprises Limited, tumbled by more than 2 percent in the early hours of Monday. This came after several media reports surfaced that said the company has added more debt to its balance sheet. As per the reports, Adani Airport Holdings, part of Adani Enterprises has increased its borrowing limit by Rs [...]
The Adani Group had started off with a hostile takeover bid for New Delhi Television (NDTV) by indirectly snapping up a 29.18 percent stake in the broadcaster. Along with Vishvapradhan Commercial and AMG Media Networks, the Adani group followed up the takeover with an open offer to purchase an additional 26% of the shareholding in [...]
The shares of Bajaj Hindustan Ltd hit the roof as it mounted gains for two days in a row. On Monday, they gained 20% to reach an intraday high of ₹ 16.20 apiece on the National Stock Exchange (NSE). Volumes jumped at the counter. More than 15.83 crore shares changed hands by 01:33 PM on [...]
The Indian benchmark indices opened on a flat note on the back of mixed global cues on Monday. The BSE Sensex was down 65.03 points or 0.10% at 62,803.47, while the Nifty was down 10.70 points or 0.06% at 18,685.40 levels. As the sentiments in the markets take a turn, here are 8 stocks recommended [...]
One 97 Communications (Paytm) zoomed 10.70% in the past five days, following a 60.77% plunge since January. Its shares were trading at ₹ 525.10 apiece at 11:40 AM on the National Stock Exchange (NSE). The company's management told analysts that it would become cash flow positive within the next 12 to 18 months. It reiterated [...]
