Shares of power generation and power finance companies were in focus on Friday and they rallied up to 12 percent amid high volumes on rising demand. NTPC (up 4.06 percent), Tata Power Company (up 4.85 percent), REC (up 11.10 percent), and Power Finance Corporation (up 12.89 percent) were some of the top gainers. Experts believe [...]
This S&P BSE Smallcap stock rose 19% halfway through the markets open on Friday after it announced a partnership with Mahindra & Mahindra Ltd with volumes that were 22x yesterday’s as well as weekly and monthly average volumes. The stock closed 0.7% above its 20 day moving average and 1.5% above its 200 day moving [...]
Shares of a railway company witnessed a 7 percent spike to reach an intraday high of ₹ 758.00 apiece on the National Stock Exchange (NSE) after the Ministry of Railways authorised it to cater on full-tariff coaches or trains. Its shares settled at ₹ 724.90 apiece. "Party will book catering facilities in such special coaches [...]
Shares of India’s largest listed company surged nearly 1% today after it announced its collaboration with US Chipmaker giant to generate AI apps in India. Share price of Reliance Industries opened at Rs. 2440 levels and gained over 1% to reach its intra- day high of Rs. 2456 per share. The stock is currently trading [...]
This IT stock hit its upper circuit at 5% in today’s trading session after it received Rs. 6 crore as a strategic support from the Technology Development Board (TDB). Share price of Eco Recycling opened at Rs. 192 levels and hit its upper circuit at 5% to Rs. 196.80 per share. The company has grown [...]
PM Modi, the US President, and leaders of the Gulf states are reportedly planning to announce a joint infrastructure agreement during the “G20” summit to be held this weekend. The plan mainly aims at establishing a network of railways connecting Gulf and Arab countries. The same will also lead to an increased connectivity of India’s [...]
Shares of a company in the power sector soared nearly 20 percent on Friday’s early trades to reach a new record high of ₹ 151.60 apiece on the National Stock Exchange (NSE). This happened amid its plans to raise funds. At 01:54 PM, its shares were trading at ₹ 146.40 apiece. Transformers and Rectifiers (India) [...]
This small cap media stock rallied 4% in Friday’s trading session after Viacom18, run by Reliance Industries, acquired media rights for Indian Super League for the next two years. Share price of TV18 broadcast opened at Rs. 48.85 per share and gained more than 4% to reach its intra-day high of Rs. 50.60 apiece. The [...]
With a market valuation of Rs 6,193 crore, the footwear brand's shares climbed 10 percent to Rs 461.90 per share on Friday after CRISIL assigned the rating. At 1:10 p.m., Redtape Ltd shares were trading at Rs 447.10 per share, up Rs 28.05 or 6.68 percent from the previous close price on the Exchange. The [...]
This mid-cap stock jumps up to 17% after entering into an agreement with US government on Friday. The stocks currently trading 10% below the 52-week high. Because of the strong and rising volume, which is higher than usual when compared to the previous day and week, the stock price has held at a high level. [...]
