.
Infra stock jumps 5% after it received contract from National Highway Authority worth ₹ 50.80 Cr

Infra stock jumps 5% after it received contract from National Highway Authority worth ₹ 50.80 Cr

by | May 30, 2024 | 12:02 pm | Analysis, News, Stock Updates

The shares of the versatile construction company gained up to 5 percent after the company received a contract from National Highway Authority of India worth Rs 50.80 crore.  With a market capitalization of Rs 246.60 crore, the shares of Brahmaputra Infrastructure Ltd were trading at Rs 84.98 per share, increasing around 1.13 percent as compared [...]
Auto stock jumps after company’s board announces IPO of its subsidiary company

Auto stock jumps after company’s board announces IPO of its subsidiary company

by | May 30, 2024 | 11:53 am | Analysis, News, Stock Updates

The shares of the world's largest two-wheeler manufacturer opened on a positive note, reaching an intraday high of ₹5,186.65 per share, following the board's approval of a ₹4,000 crore IPO for its subsidiary.  On Thursday, at 11:30 a.m., Hero MotoCorp Ltd shares were trading at ₹5,135 per share, down 0.13 percent from the previous close [...]
Small cap stock falls 17% after RBI imposed restriction on two of its businesses

Small cap stock falls 17% after RBI imposed restriction on two of its businesses

by | May 30, 2024 | 11:37 am | Analysis, News, Stock Updates

The shares of financial service provider fell around 17 percent after the Reserve Bank of India imposed immediate limitations on two of its businesses on Wednesday.  With a market capitalization of Rs 6,355.04 crore, the shares of Edelweiss Financial Services Ltd. were trading at Rs 67.29 per share, decreasing around 13.12 percent as compared to [...]
Defence Stocks: Warship manufacturing companies that can grow with the increasing demand in sector

Defence Stocks: Warship manufacturing companies that can grow with the increasing demand in sector

by | May 30, 2024 | 11:13 am | News, Trending News

India has been emerging as a superpower, particularly in terms of its economy, with the defence sector playing a crucial role in fostering its advancement.  India's defence sector has attracted attention for its record-breaking exports, totaling Rs 21,083 crores in the 2023-2024 fiscal year. This marks a notable 32.5% increase from the previous year, showcasing [...]
Stocks to Watch: 4 PSU stocks that turned ₹ 10,000 to ₹ 28,100 in just 5 months

Stocks to Watch: 4 PSU stocks that turned ₹ 10,000 to ₹ 28,100 in just 5 months

by | May 30, 2024 | 11:01 am | News, Trending News

PSU stocks have surged significantly in the past year, exemplified by the Nifty PSU index almost doubling and the Nifty PSU Bank index climbing over 80%. Various factors such as attractive valuations, improving fundamentals, government support, and investor sentiment have propelled these stocks to new highs.  Over time, the government has prioritized unlocking the value [...]
×