by Trade Brains | Jun 3, 2024 | 1:39 pm | News, Trending News
Multibagger Infra stock engaged in providing EPC and civil construction services for clients in India and abroad jumped 14 percent in the day’s trade upon receiving multiple work orders worth Rs. 2,245.15 Crores. With a market capitalization of Rs. 8,200 Crores, the shares of Ahluwalia Contracts (India) Limited were trading at Rs. 1,224.25, up 4.69 [...]
by Trade Brains | Jun 3, 2024 | 1:31 pm | News, Trending News
The shares of the banking service provider gained up to 7 percent after the company received approval for initiating the process for cutting down 14.50 percent stake from its subsidiary. Canara Bank market capitalization is Rs 1.15 lakh crore, the shares were trading at Rs 127.40 per share, increasing around 7.97 percent as compared to [...]
by Trade Brains | Jun 3, 2024 | 1:24 pm | News, Trending News
Share price of this large-cap Maharatna stock moved up by 8.8 percent to an all-time 52-week high of Rs 390.60 per share on June 3rd, compared to its previous closing price of Rs. 358.90 per share, after the company commissioned a solar project of 33 MW. With a market capitalization of Rs. 3,78,073.01 crores, at [...]
by Trade Brains | Jun 3, 2024 | 1:11 pm | News, Trending News
On Monday, the share price of one of the top five 3-wheeler companies in India moved up by 9.4 percent on BSE to hit an intraday high at Rs. 558.9, after the company reported its business update for the May month with a rise in sales by 111.72 percent. With a market capitalisation of Rs. [...]
by Trade Brains | Jun 3, 2024 | 1:01 pm | News, Trending News
Shares of this microcap company clocked 5 percent upper circuit after receiving an order from the Indian Army to supply submachine guns. The shares have delivered a multibagger return of 175 percent in one year to its shareholders. With a market capitalization of Rs. 773 crores, the shares of Lokesh Machines Ltd started Monday’s trading [...]
by Trade Brains | Jun 3, 2024 | 12:07 pm | News, Trending News
Indian equity benchmark indices reached record highs on Monday, with the Nifty 50 gaining 3.58 percent (807.20 points) to 23,337.70 and the Sensex rising 3.55 percent (2,621.98 points) to 76,583.30. Similarly, the Nifty Bank opened above 50,000 for the first time ever following exit polls for 2024 Loksabha results. Investor sentiment was lifted by Saturday's [...]
by Trade Brains | Jun 3, 2024 | 11:23 am | News, Trending News
Semiconductor stock specializing in product design and development services ranging from chip design to Software and Systems Development hits a 10 percent upper circuit upon receiving a work order worth Rs. 568 Crores for the supply of high-performance chips. With a market capitalization of Rs. 2,681 Crores, the shares of Moschip Technologies Limited hit a [...]
by Trade Brains | Jun 3, 2024 | 11:03 am | News, Trending News
Nifty sees the biggest gap-up open in four years and moved up by 3.6 percent to hit 23,338.7 points in the morning trading session of Monday. Despite securing three orders worth Rs. 8.3 crore under different zones of Indian Railways, the share price of a company engaged in Railway Infrastructure Development hit a 2% lower [...]
by Trade Brains | Jun 3, 2024 | 10:52 am | Editor's Pick, News
The Adani Group, based in Ahmedabad, Gujarat, India, is a diverse conglomerate consisting of 10 publicly traded companies. Led by chairman Gautam Adani, it operates in various sectors including ports, airports, power generation and transmission, and green energy initiatives. Adani Group is India's biggest airport operator and also manages India’s largest seaport, Mundra Port, Additionally, [...]
by Trade Brains | Jun 3, 2024 | 10:45 am | News
Spacenet Enterprises India Limited (NSE: SPCENET), a notable global tradetech company with operations in India and Hong Kong, has announced an impressive 330% increase in net profit for the financial year 2023-24. Spacenet reported a consolidated net profit of 10.81 Cr. for the financial year 2023-24, compared to a net profit of 2.51 Cr. in [...]
