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Stock jumps 3% after it receives contract for building business intelligence and Analytics System in Africa

Stock jumps 3% after it receives contract for building business intelligence and Analytics System in Africa

Shares of this microcap company jumped around 3 percent on Thursday’s trading session after winning the contract for building a Business Intelligence and Analytics System in Africa. The shares have delivered more than 40 percent returns in 3 months.  With a market capitalisation of Rs. 472 crores, the shares of All E Technologies Ltd started [...]
IT stocks jump up to 8% after US Fed keeps interest rate unchanged; Do you hold any?

IT stocks jump up to 8% after US Fed keeps interest rate unchanged; Do you hold any?

The positive signals from the US Federal Reserve during today's session led to an increase in IT stocks. Wednesday's decision by the Federal Open Market Committee (FOMC) to maintain its benchmark interest rate at 5.25–5.5% was expected.  This was a notable departure from earlier projections, as the outlook became more dovish and suggested possible 75 [...]
Bank stock in green after it announces signing Line Of Credit(LoC) worth ₹ 630 Cr for solar projects 

Bank stock in green after it announces signing Line Of Credit(LoC) worth ₹ 630 Cr for solar projects 

Shares of this PSU bank jumped around 1 percent after they announced signing a Line Of Credit(LOC) worth 70 million euro (about Rs. 630 crores) for solar projects.  With a market capitalisation of Rs. 5,57,476 crores, the shares of State Bank of India started Thursday’s trading session on a higher note at Rs. 626 compared [...]
Realty Rockets while Barometers Take a Breather; IPO Update

Realty Rockets while Barometers Take a Breather; IPO Update

Indian key equity indices traded in a narrow range after strong gains in the mid-morning trade. The Nifty hovered  above the 21,150 mark. Realty stocks remained to give gains for the second consecutive trading session. At 11:50 IST, the barometer index, the S&P BSE Sensex, was up 856.98 points or 1.22% to 70,440.43. The Nifty [...]
NBFC stock jumps 6% after FII to sell 9.25% stake in the company through block deal 

NBFC stock jumps 6% after FII to sell 9.25% stake in the company through block deal 

Shares of this NBFC stock under the ‘small-cap’ category jumped around 6 percent in Thursday’s trading session after a Foreign Institutional Investor, viz, Warburg Pincus, is likely to offload a stake in the company via Block Deal.  With a market capitalization of Rs 5,992.23 crores, the stocks of Fusion Micro Finance Limited started their trading [...]