#TradeBrainsNews
Trade Brains News - Find Trending Stock Market News
Stay updated with what’s happening in Stock Market and stay ahead of the crowd with Trade Brains News. Download our app to read Top Stock Market News!
News Alert
Corporate Actions
Company Results
IPO News
Commodity Market
Economy
Trending News
Stocks to benefit from National Geospatial Mission in the Union Budget 2025
In Saturday's Budget session, Finance Minister Nirmala Sitharaman highlighted the National Geospatial Mission, which aims to build strong geospatial infrastructure and data in India. This project, supported by the PM Gati Shakti plan, will improve areas like land record updating, urban planning, and infrastructure development. Along with it, she also emphasized that this mission was [...]
Toy stocks in focus after announcement to make India global hub for toys
The Finance Minister on Saturday in the Union Budget 2025 announced that the government will implement a scheme to make India a global hub for toys. The scheme will focus on the development of clusters, skills, and a manufacturing ecosystem that will create high-quality, unique, innovative, and sustainable toys that will represent the ‘Made in [...]
How much tax will a salaried professional pay after the recent changes?
In Budget 2025, Finance Minister Nirmala Sitharaman announced changes to the income tax system, which will directly benefit middle-class taxpayers. These changes are aimed at reducing the tax burden for individuals, especially for those earning up to ₹12 lakh annually. The government hopes that by keeping more money in people's hands, household spending, savings, and [...]
IT stock jumps 13% after reporting 63% YoY increase in net profits
Small-cap Indian Software stock is in focus after it jumped up to 13% upon announcing its Q3FY25 results, with robust growth in its YoY Revenue and Net profit. Share Price Movement With a market capitalization of ₹1,625 Cr, the stock of Unicommerce eSolutions opened at 154, up 7% from yesterday’s close, and after opening, it [...]
Stocks to benefit after Govt plans to boost footwear sector to generate ₹4 Lakh Cr revenue
In the recent Union Budget 2025-26, Finance Minister Nirmala Sitharaman highlighted the need to boost the productivity, quality, and competitiveness of India’s footwear and leather sector. The government will implement a focus product scheme. This scheme will support the design capacity, component manufacturing, and machinery needed for the production of both non-leather quality footwear and [...]
Pharma stocks in focus after 36 life-saving drugs to be fully exempt from basic customs duty
During the Union Budget 2025-26, Finance Minister Nirmala Sitharaman announced that the government will promote medical tourism and will ease visa process under the “Heal in India” initiative. She also proposed adding 36 drugs for cancer, rare diseases to be exempt from Basic customs duty (BSD). The FM also announced plans to launch 200 cancer [...]
Stocks to benefit after Govt to develop 50 tourist sites to promote medical and spiritual tourism
The Finance Minister Nirmala Sitharaman on Saturday emphasized on the development of tourism and hospitality sectors through promotion of medical and spiritual tourism. She announced that the government will develop top 50 tourist sites in the country, which will be done by partnering with states. This initiative is expected to generate employment, develop infrastructure and [...]
Broadband stocks to benefit after Govt to provide internet connectivity in government schools and PHCs
Broadband connectivity will play a vital role in India's economic growth by improving access to education, healthcare, and government services. Under the Bharatnet project, high-speed internet will be provided to all government secondary schools and primary health centers (PHCs) in rural areas, ensuring that even remote communities can benefit. In education, students will be able [...]
IT stock hits 5% upper circuit after company’s net profit increases by 96% YoY
The shares of IT stock, specializing in product engineering, digital transformation, and IoT solutions, hit a 5 percent upper circuit upon declaring Q3 results and generating Profit with a 96 percent rise Year on Year (YoY) Price action With a market capitalization of Rs. 2,892.83 crores on Saturday, the shares of AXISCADES Technologies Limited hit [...]
EMS stocks in focus after announcement of Duty Adjustments on IFPD and Open Cells
The Electronics Goods stocks are in focus after Finance Minister Nirmala Sitharaman announced to Boost the Electronics Manufacturing with Duty Adjustments on Interactive Flat Panel Display (IFPD) and Open Cells and other components. In line with the ‘Make in India’ policy and to address the inverted duty structure, the proposal to increase the Basic Customs [...]
News Alert
NEWSALERT
Rs 19,500 cr additional allocation for PLI for manufacturing high efficiency solar modules has been made: FM. PTI DP ANZ DP ABM ABM
NEWSALERT
Risks of climate change are strongest externalities for the world:FM. PTI NKD MJH CS NKD ABM ABM
NEWSALERT
68 per cent of capital for defence sector to be earmarked for local industry: FM. PTI MJH NKD CS NKD ABM ABM
IPO Alert
No Results Found
The page you requested could not be found. Try refining your search, or use the navigation above to locate the post.
Top Editor’s Pick
Stocks to Buy: 6 Stocks to buy for an upside of 40%
The Indian Benchmark Indices closed in Green on Friday with the Sensex gaining around 218.14 points ending the week at 81,224.75 and the Nifty 50 index gaining around 113.55 points ending the week at 24,863.40. In the last five trading sessions, the Sensex declined by approximately 0.75 percent while the Nifty 50 index declined by [...]
₹2.23 to ₹1,829: NBFC stock turns ₹10,000 to ₹82 Lakhs in just 5 years
During the trading session of Friday, the shares of a registered NBFC with core business operations focused on investing and lending slumped nearly 5 percent to hit an intraday low at Rs. 1,758.1 on BSE. With a market capitalisation of Rs. 31,068 crores, the shares of Authum Investment & Infrastructure Limited opened at Rs. 1,849, [...]
Stocks to Buy: 6 Stocks to buy now for an upside of 50%
The Indian Benchmark Indices closed in red on Friday with the Sensex losing around 230.05 points ending the week at 81,381.36 and the Nifty 50 index losing around 34.20 points ending the week at 24,964.25. In the last five trading sessions, the Sensex declined by approximately 0.73 percent while the Nifty 50 index declined by [...]
₹430 to ₹14,136: Pharma stock turns ₹10,000 to ₹3.29 Lakhs in just 5 years
According to business standards, the Indian pharmaceutical industry is a global powerhouse, projected to reach $130 billion by 2030, growing at over 10% annually. Currently valued at $50 billion, India supplies 20% of the world's generic medicines and accounts for 60% of global vaccine production, cementing its role as the "pharmacy of the world. With [...]
Stocks that may get affected by Israel-Iran war
India is Israel’s 2nd trading partner in Asia and the 9th largest globally. The bilateral trade has been majorly dominated by diamonds and chemicals. However, recent years have seen an increase in trade in areas such as electronic machinery and high-tech products; medical equipment; communications systems, etc. The two nations celebrated 30 years of the [...]
5 Stocks that supply defence equipments to Israel to keep an eye on
The geopolitical tensions involving Israel, Iran, and Gaza are characterized by Iran's animosity toward Israel and its support for militant groups like Hamas and Hezbollah, which engage in hostilities against Israel. This led to airstrikes, military & political outrage, loss of life, and more leading to fear of global war among other nations. Listed below [...]
Latest Market News
Microcap stock hits upper circuit after company ventured into film production and distribution
Engineering Infrastructure stock touched the upper circuit after the company ventured into the business of film production, distribution, and allied services, in addition to the existing business. GI Engineering Solutions Limited shares touched the 2 percent upper circuit of Rs 12.10 apiece on the National Stock Exchange in the early trade on Wednesday, and the [...]
FMCG stocks in which Mutual Funds have increased their stake in the June Qtr
Individual investors actively monitor mutual fund house investments because they invest in substantial quantities that might affect stock price movements. Furthermore, it is difficult for retail investors to find all relevant information about a company, Based on Mutual fund investment decisions that help individual investors make informed decisions before investing in any stocks Here are [...]
GAIL will invest Rs 30,000 crore over the next three years: scouts for LNG abroad
India's top gas firm GAIL (India) Ltd plans to invest Rs 30,000 crore in the next three years as it expands petrochemical capacity and scouts for LNG supplies globally, its chairman Sandeep Kumar Gupta said on Wednesday. The nation's top gas marketing and transportation firm is looking at liquefied natural gas (LNG) as a transport [...]
The development of next-generation low-rise developments in India will receive project investments totalling Rs. 1,500 crores from The House of Abhinandan Lodha and HDFC Capital
The House of Abhinandhan Lodha (HoABL) and HDFC Capital Affordable Real Estate Fund – 3 (acting through its investment manager HDFC Capital Advisors Limited), have come together to create a Joint Venture Platform entailing project investments of Rs. 1500 crore towards the development of new generation low-rise development projects in India. The Investment will result [...]
Ethanol stock jumps up to 16% after oil marketing companies declare additional incentive
Shares of an ethanol manufacturing company surged 16.26 percent on Wednesday’s trades to reach an intraday high of ₹ 236.00 apiece on the National Stock Exchange (NSE), as oil marketing companies (OMCs) are declaring additional incentives. At 02:28 PM, its shares were trading at ₹ 230.00 apiece. Gulshan Polyols is one of the largest manufacturers [...]
JB Chemicals receives approval from the USFDA to market generic drugs
JB Chemicals & Pharmaceuticals on Wednesday said it has received approval from the US health regulator to market a generic product, used to treat mood disorders, in the American market. The company has received approval from the US Food and Drug Administration to market Doxepin Hydrochloride capsules in strengths of 10 mg, 25 mg, 50 [...]
India aims to reduce coal-based power in the energy mix; target over 64% renewable by 2030
It is not true that India is not reducing coal-based power generation capacity in the energy mix, a senior government official said, adding that the country is targeting over 64 per cent of non-fossil fuel-based capacity by 2030. India has set the target of having 500GW of renewable energy by 2030. Coal-based power generation, however, [...]
India Post Payments Bank announces a 20 Cr operational profit for FY23
India Post Payments Bank on Tuesday reported its first-ever operational profit of Rs 20.16 crore for 2022-23. The bank saw a 66.12 per cent growth in overall revenue. IPPB saw a 17.36 per cent increase in operating costs during the fiscal, a statement said. "IPPB... generated an operational profit of Rs 20.16 crore during 2022-23, [...]
From September 7 to 10, President Biden will visit India for the G-20 Summit
US President Joe Biden will travel to India from September 7 to 10 to attend the G-20 Leaders' Summit during which he will discuss with other leaders a range of global challenges, including the Ukraine conflict, the White House announced on Tuesday. President Biden will also commend Prime Minister Narendra Modi's leadership of the G20, [...]
Shares of TVS Supply Chain opened at a premium of more than 5%.
Shares of TVS Supply Chain Solutions Ltd, part of TVS Mobility Group, began the trade with a premium of over 5 per cent against the issue price of Rs 197 on its debut trade on Wednesday. The stock listed at Rs 206.30, up 4.72 per cent from the issue price on the BSE. It later [...]
Shares of Jio Financial Services declined by 5% and hit lower circuit limits for 3rd day
Shares of Jio Financial Services Ltd, the demerged financial services unit of Reliance Industries, fell by 5 per cent on Wednesday to hit its lower circuit limit for the third day running. The stock declined 5 per cent to hit its lower circuit limit of Rs 227.25 on the BSE. At the NSE, it fell [...]
First indigenously made SCR catalysts are produced by BHEL to reduce NOx emissions.
State-owned engineering firm Bharat Heavy Electricals Ltd (BHEL) on Wednesday said it has successfully manufactured the first set of indigenous SCR Catalysts for limiting NOx emissions from thermal power plants. These selective catalyst reactors (SCR) were hitherto being imported and this is a significant milestone under the 'Make in India' initiative of the government, a [...]
IT stock hits 5% lower circuit after SEBI bars CMD and CFO from holding any directorial position
Shares of this small-cap company hit the 5 percent lower circuit post an interim order from the Securities and Exchange Board of India (SEBI). With a market capitalization of Rs 4,637.18 crores, the stocks of Brightcom Group Limited opened their trading hour on Wednesday at Rs 22.98 and currently are locked in the 5 percent [...]
FII’s buy more than 1% stake in KPR Mills; Check the details
Market drivers known as Foreign Institutional Investors (FIIs) are identified. U.S.-based FII acquired more than 1% stake in this mid-cap company and currently, the company shares are trading above the both 50-days and 200-days moving averages. KPR Mills Ltd KPR Mills Ltd. has a market capitalization of Rs. 24,629 Cr. and it is a mid-cap [...]
Multibagger stock hits 5% upper circuit after a bulk deal worth ₹ 185 Crore took place; Check the details
Share prices of this multibagger stock have doubled in less than six months and hit its upper circuit at Rs. 21.93 Suzlon Energy shares started trading at Rs. 21.01, reaching its 52- week high at Rs. 21.85 and its lowest price today at Rs. 21.01 Share prices of Suzlon jumped another 5% on Wednesday. Details [...]
Large cap stock jumps up to 7% after receiving LoA from IOCL for setting up air separation unit
Shares of a large-cap company climbed nearly 7 percent on the National Stock Exchange (NSE) to reach an intraday high of ₹ 6165.00 apiece after it received a letter of award (LoA) from Indian Oil Corporation Ltd (IOCL) for setting up its air separation unit. At 12:25 PM, its shares were trading at ₹ 5953.95 [...]
Small cap stock in green after company receives an order worth ₹ 101 Cr from Ministry of Defence
This company's shares soars 2% on Wednesday after receiving an order worth Rs. 101 Cr. The stock touched a new 52-week high at Rs. 2,183.70 on the same day. The stock currently trading above the 50-days and 200-days moving averages and the stock has delivered 55% returns in 6 months. BEML Ltd The company belongs [...]
Tata Group stock jumps nearly 3% after company launches cloud-based 5G Roaming Lab
Shares of this large-cap Tata Group stock hit its 52-week high mark after it launched a 5G roaming lab. In the last six months, the stock has gained over 50 percent from Rs 1,205.45 to the current price level. With a market capitalization of Rs 51,633.45 crores, the stocks of Tata Communications Limited started their [...]
Steel stock jumps 4% after company announces record date for 1:1 bonus issue
The shares of the steel tubes and pipes maker rose nearly 4 percent to Rs 402.50 in early trade on Wednesday following the announcement of the record date for the bonus issuance. At 12:30 p.m., JTL Industries Ltd shares were trading at Rs 400.80 a share on the National Stock Exchange, up Rs 14.10 or [...]
Stocks to Watch: 3 Stocks that are paying a dividend of up to 1250% soon
Dividends, one of the most popular terms associated with capital markets, is usually defined as a payment that a company makes to its shareholders. The dividends are paid in the form of cash (cash dividends) or in the form of additional shares of the company (stock dividends). Listed below are three stocks that will be [...]
Smallcap stock with high FII holding gets a buy call for an upside of more than 25%
Shares of a hospitality company gained more than 12 percent in the past five days to reach a 52-week high of ₹ 108.50 apiece on the National Stock Exchange (NSE). This happened after the company announced that it has signed two licence agreements for properties in Bhubaneswar and Kasauli. Its shares settled at ₹ 107.45. [...]
Sugar stocks with high Return On Equity of up to 67% to add to your watchlist
Return on equity (ROE) signifies a company's capacity to generate returns on investments made by its shareholders. Return on Equity (ROE) is the measure of a company’s net income divided by the value of its total shareholders’ equity. Here are three sugar stocks with High ROE Triveni Engineering and Industries Ltd Triveni Engineering and Industries Ltd [...]
On the first day of the offer, the IPO for Aeroflex Industries was subscribed 6.69 times.
The Initial Public Offering (IPO) of stainless steel flexible hose manufacturer Aeroflex Industries was subscribed 6.69 times on the first day of subscription on Tuesday. The Rs 351 crore IPO received bids for 15,52,35,730 shares against 2,32,17,667 shares on offer, as per NSE data. The category for non-institutional investors received 14.05 times subscription while the [...]
In a case involving a loan fraud scheme of Rs 4,000 crore, the CBI books bank officers and GTIL
The CBI has conducted searches at the office of GTL Infrastructure Ltd (GTIL) in Mumbai after registering an FIR against it and unidentified officials of banks in a loan-fraud case of more than Rs 4,000 crore, officials said on Tuesday. The officials of 13 banks are under the agency's scanner for allegedly assigning Rs 3,224 [...]
Ashish Kacholia stock with High ROE and ROCE to keep an eye on
Mr. Ashish Kacholia, a well-known ace investor based in India, has an aggregate holding of 41 stocks with a net worth of over Rs 2,400 crores. Listed below is one of the stocks in Mr. Ashish Kacholia’s portfolio that reported a high return on equity (RoE) and return on capital employed (RoCE): Gravita India Limited [...]
Removing Jio Financial Services from the BSE indexes has been delayed until August 29.
Leading stock exchange BSE on Tuesday postponed the removal of Jio Financial Services Ltd, the demerged non-banking financial services unit of Mukesh Ambani-led Reliance group, from all the S&P BSE Indices to August 29. Earlier, the stock was scheduled to be removed from the indices on August 24. Jio Financial Services Ltd (JFSL) got listed [...]
PFC seeks a nod from shareholders for issuing bonus shares
State-owned Power Finance Corporation (PFC) will seek shareholders' approval for the issuance of bonus shares by capitalising up to Rs 660.02 crore in its securities premium account. PFC has proposed to issue bonus shares by capitalising securities premium accounts to the extent that each shareholder is entitled to a new equity share of Rs 10 [...]
Penny stock hits 5% upper circuit after the company’s board approves raising of funds
Shares of a penny stock listed on the BSE opened 5 percent higher and continued to remain locked in an upper circuit at ₹ 11.55 apiece after the company’s board approved the raising of funds. GI Engineering Solutions’ board of directors considered and approved the raising of funds to augment the long-term financial resources of [...]
Legendary cricketer Rahul Dravid is named as BPCL’s brand ambassador.
Bharat Petroleum, the second-largest Indian Oil Marketing Company and one of the premier integrated energy companies in India, has unveiled, cricketing legend and current Head Coach of the Indian cricket team, Rahul Dravid as its new brand ambassador. This incredible partnership underscores our unwavering commitment to quality, authenticity, and excellence. Rahul Dravid's remarkable sportsmanship, role [...]
By September, Vodafone Idea plans to pay off around Rs 2,400 crore dues.
Debt-ridden telecom operator Vodafone Idea plans to clear about Rs 2,400 crore of dues to the government by September, sources privy to the development said. The company recently cleared pending dues of licence fees and spectrum usage charges of about Rs 450 crore for the March quarter of 2022-23, a source told PTI. "Vodafone Idea [...]
Stock hits 20% upper circuit after reporting ₹ 1.61 Cr net profit against loss of ₹ 0.93 Cr QoQ; Announces dividend
This mid cap stock has an increased share price of more than 50% in a year and 20% in just one day. The share prices of Yuken India Limited is trading at Rs. 727.60 as its 52- week high. The open price for the stock was Rs. 612.35 as well as the lowest price it [...]
Mukul Agrawal IT stock jumps up to 9% after receiving an order worth ₹ 8 Cr; Check the details
On Tuesday, the shares of the leading provider of low code digital transformation platform rose 9 percent to an all-time high of Rs 1000 per share after the company received a USD 9,90,000 order from an international customer. At 3:15 p.m., Newgen Software Technologies Ltd shares were trading at Rs 969 a share on the [...]
Glenmark resolves legal dispute with US Department of Justice over drug pricing
Drug firm Glenmark Pharmaceuticals said it has entered into a pact with the US Department of Justice, Antitrust Division (DOJ) to resolve court proceedings related to the pricing of a drug. US-based Glenmark Pharmaceuticals Inc, a subsidiary of the company, has entered into a three-year deferred prosecution agreement with DOJ involving historical pricing practices by [...]
Brigade Enterprises pays Rs. 139 crore to Pfizer for a 6.54-acre land tract in Chennai
Realty firm Brigade Enterprises Ltd has acquired a 6.54-acre land parcel in Chennai from Pfizer Healthcare India for nearly Rs 139 crore to develop a residential project. The company has entered into a sale deed on Monday for acquiring 6.54 acres of land parcel located at Rajiv Gandhi Salai (Old Mahabalipuram Road), Sholinganallur, Chennai. In [...]
By 2030, Porsche projects that EV sales in India will account for almost 80% of total sales
German luxury sports car maker Porsche AG expects around 80 per cent of its sales in India to come from fully electrified vehicles by 2030 and is lining up three such new vehicles to be introduced here early next year, a senior company official said on Tuesday. The company, which sells a range of luxury [...]
Small cap stocks with high CAGR returns of up to 140% to keep on your radar
We understand that investment in a company’s stock gave a particular percentage of returns in a given period of time. However, knowing how much an investment is making in the long term has become crucial. CAGR (Compound Annual Growth Rate) measures an investment's average annual growth over a given period. It is a helpful tool [...]
ICRA maintains its FY24 projection of 6 per cent and projects GDP growth of 8.5 per cent in the first quarter
India's economic growth will accelerate to 8.5 per cent in the April-June period of the current fiscal from the 6.1 per cent growth rate witnessed in the preceding January-March quarter, Icra Ratings said in a report on Tuesday. The rating agency attributed the faster growth to a supportive base and also a recovery in the [...]
Tata Group stock gets a Buy call by analyst for a potential upside of more than 20%
Tata Group stocks are widely talked about and are one of the most famous lists of holdings in India that is continuously covered by various brokerages and other institutions. Listed below is one stock from the Tata Group universe that gets a buy call with a potential upside of more than 20 percent: Tata Steel [...]
Microcap stock jumps 20% after company announces 1:1 bonus issue; Check the record date here
The share price of a seed producer gained 18 percent on the Bombay Stock Exchange (BSE) to reach a lifetime high of ₹ 515.00 apiece after the company announced a bonus issue. At 01:17 PM, its shares were trading at ₹ 515.00 apiece. According to an exchange filing, the company has announced a bonus issue [...]
Small cap stock jumps up to 6% after NCLT nods acquisition of Auto Ancillary Company
Shares of this multibagger stock under the ‘small-cap’ category jump up to 6 percent after positive sentiments pertaining to the acquisition of an Auto Ancillary entity. With a market capitalization of Rs 10,509.54 crores, the stocks of Ramkrishna Forgings Limited opened their trading hour on Tuesday at Rs 657.65 and currently trade at Rs 657.30. [...]
Chemical stock jumps up to 12% after it received revocation from the Gujarat Pollution Control Board
The shares of one of India's largest independent producer of fine and specialty chemicals rose 12 percent to Rs 121.60 per share after the Gujarat Pollution Control Board revoked the closure decision. At 1:15 p.m., Indo Amines Ltd shares were trading at Rs 117.80 a share on the Exchange, up Rs 9.10 or 8.37 percent. [...]
Multibagger Vijay Kedia Stock jumps up to 5% after receiving an order worth ₹ 1,275 Cr
Shares of a company in Vijay Kedia’s portfolio zoomed 5% on Tuesday’s early trades to reach an intraday high of ₹ 58.80 apiece on the National Stock Exchange (NSE) after the company’s joint venture received an order worth ₹ 1275.30 crores from Madhya Pradesh Jal Nigam. According to an exchange filing, Patel Engineering, a Mumbai-based [...]
Adani Enterprises shares jumps over 3%; Check here to know why
Shares of Adani Enterprises Ltd climbed over 3 per cent on Tuesday after billionaire Gautam Adani-led promoter group increased its stake in the flagship firm. The stock gained 3.10 per cent to Rs 2,720.65 on the BSE. At the NSE, it climbed 3 per cent to Rs 2,721. In terms of traded volume, 1.12 lakh [...]
Centre to purchase 2 lakh metric tonnes of onions for Rs 2,410 per quintal: Fandnavis
Maharashtra Deputy Chief Minister Devendra Fadnavis on Tuesday said the Centre has decided to purchase two lakh metric tonnes of onion at the rate of Rs 2,410 per quintal, and expressed hope this will provide relief to producers of the key kitchen staple in the state. He also said special procurement centres will be set [...]
The Government to launch “Mera Bill Mera Adhikar” GST reward program in 6 states and UTs from September 1
The government will launch the 'Mera Bill Mera Adhikar' invoice incentive scheme, which offers cash prizes from Rs 10,000 to Rs 1 crore, from September 1, starting with six states and Union Territories. The scheme, which is aimed at motivating customers to ask for a bill every time they make purchases, will be launched in [...]
Through the demerger procedure, LIC acquires a 6.66% stake in Jio Financial Services
Life Insurance Corporation (LIC) on Tuesday said it has acquired a 6.66 per cent stake in Jio Financial Services, the demerged non-banking financial services unit of the Mukesh Ambani-led Reliance group. "... Corporation has acquired 6.660 per cent shareholding in 'Jio Financial Services Ltd' through demerger action by 'Reliance Industries Ltd'," LIC said in a [...]
Gets nod from Sebi to launch its first public offering: Jupiter Hospitals raises Rs 123 crore in a pre-IPO transaction
Multi-speciality hospital chain Jupiter Life Line Hospitals has mobilised Rs 123 crore from institutional investors in the pre-IPO (initial public offering) round. In addition, the company has received capital markets regulator Sebi's go-ahead to raise funds through its IPO. It received Sebi's observation letter on August 11, an update with the regulator showed on Tuesday. [...]
Newly listed power stock hits 5% upper circuit after receiving an order worth ₹ 138 Cr
This small-cap stock was listed on 11th Aug 2023 at a price of Rs. 302 and it delivered ~5% return on the same day. Stock hit a 5% upper circuit today after receiving an order of Rs. 138 Cr Currently, the stock trading 0.77% away from the 52-week high. Oriana Power Ltd The company belongs [...]
Multibagger stock hits all-time high after it acquired a controlling stake in an Infrastructure Company
Shares of this multibagger stock under the ‘small-cap’ category hit an all-time high after acquiring a controlling stake in a Private water & sewage infrastructure company. With a market capitalization of Rs 4,362.80 crores, the stocks of Welspun Enterprises started their trading session on Tuesday at Rs 314.70 and currently trade at Rs 315.20. Moreover, [...]
Penny stock hits 5% upper circuit after company announces rights issue; Check the details
The shares of visa processing service providers hit the upper circuit after the company’s board of directors announced the right issue. On Tuesday’s early trade, Du Digital Global Ltd shares hit the upper circuit of Rs 51.95 apiece, up around 4.95 percent a share on the National Stock Exchange, and the company has a market [...]
6 Stocks to Watch as Chandrayaan 3 is about to land on the moon
India successfully launched the Chandrayaan-3 mission to the moon on July 14, 2023. Chandrayaan-3’s lander module is expected to attempt soft landing on the moon on August 23, 2023. This landing involves the hard work of the Indian Space Research Organisation (ISRO) and many companies which are listed on the stock exchanges Here are a [...]
Defence stocks with high net profit margins of up to 28% to add to your watchlist
The profit margin is the amount of money left over after subtracting all expenditures. It is a percentage that indicates how profitable the company's pricing strategy is, how effectively the organization can control expenses, and how efficiently it uses raw resources to produce products or services. The net profit margin is the amount of profit [...]
Government investment is essential for future digitalization: survey
A majority (80 per cent) of small and medium enterprises in the country believe the government funding is key to unlocking digitalisation in the future, according to a study by Gartner-acquired software selection platform Capterra. The 'State of Digitalisation in India survey: Major barriers and role of government' report is based on responses collected from [...]
L&T receives a “significant” order to construct the biggest urea plant in Australia.
Diversified group L&T on Monday said it has secured a "significant" order from Perdaman Chemicals & Fertilisers to build a 2.3 million tonne urea plant in Australia. On completion, this facility will be the largest urea plant in Australia and one of the largest in the world, the company said. Without disclosing the deal value, [...]
Rail siding will be built by RITES and NHPC as part of the 2,880 MW Dibang project
State-owned hydro power giant NHPC has inked an initial pact with RITES to construct railway siding for a 2,880 MW Dibang multipurpose project in Arunachal Pradesh. "NHPC signed an MoU with RITES for Construction of Railway Siding at Pasighat (Arunachal Pradesh) for NHPC’s 2,880 MW Dibang Multi Purpose Project at NHPC Corporate Office on 21st [...]
In the June quarter, FPIs’ investment value in Indian shares gains 20% to USD 626 billion.
The value of foreign portfolio investors' holdings in domestic equities reached USD 626 billion in the three months ended June 2023, which was 20 per cent higher from the year-ago period, according to a Morningstar report. This could be attributed to good performance in the domestic equity markets as well as strong net inflows from [...]
By October, Maersk intends to increase its fleet in India by 300 EVs.
Global integrated logistics operator Maersk on Monday said it is planning to add more than 300 electric vehicles to its fleet in India by October. Maersk has already deployed over 200 Electric Vehicles (EVs) across 15 cities in the country, and is planning to expand to another 11 cities, taking its overall EV fleet to [...]
Future-focused Top 6 Indian Cryptocurrency Projects
Amidst a digital renaissance, India's crypto landscape is undergoing a profound transformation, catalyzed by a wave of groundbreaking blockchain projects. These projects epitomize the nation's ability to embrace innovation and redefine traditional paradigms. Join us as we delve into the heart of India's crypto renaissance, exploring the top projects that are shaping the nation's technological [...]
Over the next three years, Casagrand would invest Rs 8,000 crore in developing projects in Maharastra.
Chennai-based Casagrand on Monday said it plans to invest Rs 8,000 crore to develop realty projects in Maharashtra over the next three years. The company said it plans to develop 20 million square feet in Mumbai and Pune as part of its expansion plan. It, however, did not share any specific detail on the plans. [...]
Onion export taxes are a “timely” effort to increase domestic supply and control lower price growth: Govt
The government on Monday said the decision to impose a 40 per cent export duty on onions was not a "premature" but a timely move to boost domestic supply and control retail prices. The statement comes amid farmers' protest at several places in Nashik district in Maharashtra against the 40 per cent duty imposed on [...]
Fundamentally strong sugar stock that is trading at a discount of more than 30% to keep an eye on
A company of a ‘fundamentally strong’ nature portrays a certain set of characteristics that include lower leverage ratios, strong financials, etc. Listed below is one such fundamentally strong stock under the ‘sugar’ industry which is at a discount of more than 30 percent from its 52-week high level: E.I.D Parry (India) Limited With a market [...]
Sensex rises 267 points due to increases in Infosys and ITC
Equity benchmark indices Sensex and Nifty closed higher on Monday after two days of decline, supported by buying in index majors Infosys, ITC and Bajaj Finance amid a mixed trend in global markets. In a range-bound trade, the 30-share BSE Sensex climbed 267.43 points or 0.41 per cent to settle at 65,216.09. During the day, [...]
TPREL will provide 9 MW of renewable energy to the Uttarakhand Tata Motors location.
Tata Power Renewable Energy Limited (TPREL) on Monday said it will supply 9 megawatts of green energy to Tata Motors' plant in Pantnagar as part of an agreement. A power purchase agreement (PPA) has been signed with Tata Motors Limited Pantnagar plant in Uttarakhand, Tata Power said in a statement. The project will be commissioned [...]
Tata Technologies becomes a premium partner of AUTOSAR
Global engineering and product development digital services firm Tata Technologies Ltd on Monday said it has joined a worldwide development partnership of car manufacturers, suppliers, and other firms -- AUTOSAR -- as a premium partner. AUTOSAR has more than 280 partners, including BMW, Volkswagen, Toyota Motor Corporation, Ford, GM, DaimlerChrysler, PSA, Toyota, Bosch, Siemens, Peugeot [...]
Big-C mobiles target Rs. 1,500 Cr turnover in FY24
Hyderabad-based multi-brand mobiles retail chain Big-C mobiles has set a target of Rs 1,500 crore as turnover in the current financial year, said company's founder, chairman and managing director M Balu Chowdary. The company had achieved Rs 1,000 crore turnover in FY2022-23. Big-C mobiles, which currently has 250 outlets across Telangana, Andhra Pradesh and Tamil [...]
Stock hits 5% upper circuit after company facilitated and executed the Guinness World Record
The shares of the Event management company touched the upper circuit after the company assisted the General Insurance Festival of India in setting a Guinness World Record. On Monday, At 9:45 a.m., Exhicon Events Media Solutions Ltd hit a 5 percent upper circuit of Rs 320.25 apiece. As per company’s exchange filing, on August 19th, [...]
3 Bank stocks recommended by Analyst to buy now for an upside of up to 30%
Many stocks in the Indian banking sector have witnessed a sharp uptrend in the recent past. Mahesh Nandurkar, India Strategist at Jefferies said that India's banking sector is looking good from the valuation standpoint currently. He believes that large-cap banks are looking attractive, and the banking sector stands out as a unique realm and currently [...]
Vipul Organics joins the paper industry
Speciality chemicals maker Vipul Organics on Monday said it has entered into the paper segment with products like colourants, dispersions and dyes. “With so much excitement in the category, it was obvious that we had to seriously look at the paper business. We were gratified by the client response and are already working with the [...]
Due to increased demand for co-working spaces, WeWork India’s income increased by 40% in Q1
Co-working major WeWork India's revenue grew by 40 per cent to Rs 400 crore during the first quarter of this fiscal year on rising demand for flexible workspace across major cities from corporates, its CEO Karan Virwani said. The company, which is owned by real estate firm Embassy Group and WeWork Global, has started its [...]
Stock drags up to 4.50% after Ashish Kacholia offloads stake in the company worth ₹ 11.5 Cr
Shares of this small-cap stock fell after well-known Ace Investor Mr. Ashish Kacholia sells a partial stake in the company. Keeping the short-term movements aside, the company’s stock has gained around 45 percent from Rs 427.50 to the current price level. With a market capitalization of Rs 1,924.35 crores, the stocks of SJS Enterprises Limited [...]
Chemical stock in green after company’s board approved a 500% dividend
This company's Board has approved a 500% dividend on its face value of Rs. 2. After this announcement the stock jumps ~3% on Monday. A strong and increasing trading volume that has crossed the averages for both the previous day and last week is supporting the stock price. Gujarat State Fertilizer & Chemical Ltd The [...]
Sunsure Energy and Dabur India Ltd. execute an Open Access Solar PPA for the provision of RE Power
Sunsure Energy Sunsure Energy is one of India's largest C&I-focused Renewable Energy Power Producers. Sunsure is backed by Partners Group AG with a $400 million equity investment for developing over 3 GW of RE assets by 2027. Founded in 2015, Sunsure has developed and installed solar power plants for power-intensive industrial customers across 16 Indian [...]
Ashish Kacholia stock jumps up to 5.5% after it received an order worth ₹ 342 Cr from Bahrain
The shares of the marine engineering solution provider gained 5.5 percent and reached an all-time high price of Rs 1,505 apiece after the company received an order for the Supply and Sale of Dredged Marine Sand. At 2:15 p.m., Knowledge Marine & Engineering Works Ltd shares were trading at Rs 1,475 a share on the [...]
Zomato and Battery Smart collaborate to give delivery partners access to battery switching
Online food ordering and delivery platform Zomato on Monday said it has partnered with Battery Smart to provide battery-swapping access to its delivery partners on the latter's network. Under the partnership, Zomato's delivery partners can get access to Battery Smart's existing network of over 800 swap stations across more than 30 cities, the company said [...]
Recycling company Vikas Ecotech settles debt for Rs 101 crore and plans to become debt-free this fiscal year.
Recycling company Vikas Ecotech on Monday said it has paid Rs 101 crore dues to its lenders and is aiming to become debt-free by the financial year 2023-24. "The company has till date paid a debt of Rs 1012 million (Rs 101.2 crore) to its lenders and the outstanding amount remains at Rs 600 million [...]
The pricing range for the August 24 launch of Vishnu Prakash R Punglia’s IPO is Rs 94-99/share.
Engineering, procurement and construction (EPC) firm Vishnu Prakash R Punglia Ltd on Monday said it has fixed a price band of Rs 94-99 per share for its Rs 309-crore initial public offering (IPO). The maiden public issue will open on August 24 and conclude on August 28, the company said. The IPO comprises a fresh [...]
Bulk Deal: Newly Listed stock jumps up to 5% after FII’s bought 2.5 Lakh shares in the company
Shares of a newly listed company appreciated to the tune of 5 per cent to reach an intraday high of ₹ 191.75 apiece on the Bombay Stocks Exchange (BSE) after European financial services provider Societe Generale picked its shares in a large deal. At 12:55 PM, the company’s shares were trading at ₹ 189.65 apiece. [...]
Smallcap stock jumps up to 8% after receiving new orders worth ₹ 1,007 Cr; Check the details
Shares of this construction stock under the ‘small-cap’ category soared up to 8 percent after receiving new orders across a wide range of business divisions. In the last six months, the stock has jumped nearly 37 percent from Rs 476.90 to the current price level. With a market capitalization of Rs 16,848.29 crores, the stocks [...]
Multibagger mid cap stock jumps up to 10% after company’s PAT increases by 61% YoY
Shares of a multibagger stock in the power sector rallied 10 percent on Monday’s early trades to touch a fresh record high of ₹ 5349.95 apiece on the National Stock Exchange (NSE), amid a healthy business outlook. At 11:40 AM, its shares were trading at ₹ 5230.15 apiece. Apar Industries manufactures and supplies conductors, a [...]
Green energy stock jumps up to 4% after company received an order from PSU
India’s leading wind power operations and maintenance (“O&M”) service provider gained 4 percent to Rs 69.90 apiece after it received an order from a Navratna PSU of Govt of India. At 1:12 p.m., INOX Green Energy Services Ltd shares were trading at Rs 69.30 a share on the National Stock Exchange, up 3.59 percent, with [...]
Defence stock hits 5% upper circuit after securing an order worth ₹ 850 Cr for supply of armoured vehicle chassis
This stock is a 100% subsidiary of Bharat Forge Ltd and it hits 5% upper circuit today after receiving an order of Rs. 850 Cr. The stock price is being supported by the strong and rising volume, which is above the averages from the previous day and week and it has delivered 52% returns in [...]
PSU stock jumps up to 8% on recovery of large corporate NPA account; Check the details
Shares of this mid-cap NBFC stock jumped up to 8 percent in Monday’s trading session post recovery of a large Non-Performing Account. In the last six months, the company’s stock has gained nearly 40 percent from Rs 472.64 to the current price level. With a market capitalization of Rs 17,149.80 crores, the stocks of PNB [...]
Penny stock jumps up to 16% after it received multiple orders worth ₹ 5.74 Cr
The shares of Specialty Chemicals maker soared approximately 16 percent to Rs 54.90 per share on Monday after the company received multiple orders totaling Rs 5.74 crores. At 12:40 p.m., Syschem (India) Ltd shares were trading at Rs 52.90 a share on the Bombay Stock Exchange, up Rs 5.50 or 11.60 percent, with a market [...]
ReNew Energy Q1 Results: Posts Rs. 298.3 Cr net profit in Q1 FY24
ReNew Energy Global Plc on Saturday reported a net profit of Rs 298.3 crore in the April-June quarter of 2023-24 against a loss of Rs 10.4 crore in the year-ago period. Total income was Rs 2,465.9 crore in the first quarter of FY24 against Rs 2,500.7 crore in April-June 2022, according to a company statement. [...]
By fiscal 2027–2028, the Indian plastics industry is anticipated to reach Rs 10 lakh crore: AIPMA
India has the potential to emerge as a global plastic supplier and the domestic plastic market is expected to more than triple to reach Rs 10 lakh crore by 2027-28, officials said on Sunday. According to the All India Plastics Manufacturers Association, the market size of plastics in India was Rs 3.5 lakh crore. Besides [...]
In Mumbai city, Adani will spend Rs. 2,000 Cr to build 2 transmission lines
Adani Electricity Mumbai is investing over Rs 2,000 crore to build two new transmissions lines in the city to strengthen its network as it moves closer to go greener by sourcing as much as 60 per cent of the energy needed for the city from renewables by 2027, a senior company official said. The two [...]
The Rajasthan government approved spending Rs 381 crore to expand and strengthen 6 canal water projects
The Rajasthan government has approved Rs 381.74 crore for the development and strengthening of six canal water projects in different areas of the state. With this approval, Rs 79.94 crore will be for water availability in the Rajsamand dam by increasing the capacity of the Khari feeder, Rs 17.60 crore for the Balera and Sanchore [...]
Jio Financial Services shares decrease by almost 5% on their first trade
Shares of Jio Financial Services, the demerged financial services unit of Reliance Industries, were listed on the bourses on Monday, with the stock falling nearly 5 per cent on the NSE later in the trade. On the BSE, shares of the company began the trade at Rs 265, up 1.20 per cent against Rs 261.85, [...]
3 Undervalued midcap stocks with low PE ratio to add to your watchlist
Undervalued shares have a market value lower than their intrinsic value. They could be undervalued due to multiple reasons ranging from socio-economic, sector-specific, or overall market slowdown. Meanwhile, mid-cap stocks are those stocks that have a market capitalization between ₹ 16,800 and ₹ 49,800. One of the most common ways of finding undervalued stocks is [...]
Vijay Kedia stock hits 5% upper circuit after FII buys stake in the company; Check the details
Shares of this small-cap stock hit the 5 percent upper circuit after Morgan Stanley Asia buys a stake in the company. In the last one-month period, the company’s scrip has gained nearly 19 percent from Rs 729.70 to the current price level. With a market capitalization of Rs 1,152.67 crores, the stocks of Repro India [...]
Multibagger Cable companies that posted up to 106% increase in net profits YOY
The Wires And Cables Market is an important segment of the electrical industry. As per the GlobalNewswire report Over the next few years, the global wires and cables market is expected to grow with a CAGR of 8.2 percent, driven by increasing demand from the construction and automotive industries, as well as the growing adoption [...]
Multibagger penny stocks with high Piotroski score of 9 to keep on your radar
Here are 3 penny stocks that are fundamentally strong, with expanding margins, growing top and bottom lines over the recent fiscal years and have impressive returns over the medium term holding period. Moreover, these stocks trade at low P/S, i.e, have revenues much higher above their market cap coupled with low price makes them stocks [...]
Stocks to Buy: 8 Stocks to buy now that can deliver returns of up to 55%
Domestic benchmark indices Sensex and Nifty 50 failed to hold intraday recovery and ended lower on Friday. In fact, the Nifty 50 posted the fourth straight weekly loss for the first time in 15 months. The BSE Sensex closed for the week at 64,948.66, down 0.75%, and the NSE Nifty 50 settled at 19,310.15 points, [...]
3 Companies whose net profits increased by more than 2,600% YoY; Do you hold their stock?
Its results season with a bunch of companies clocking huge improvements in the net profit numbers during recent quarters and on an annual basis as well. Listed below are three stocks that registered a net profit growth of more than 2,500 percent comparing the June 2023 quarter and the same quarter the previous year: Indian [...]
3 Undervalued Bank stocks below ₹ 50 that delivered multibagger returns of up to 165%
The P/E (Price to Earnings) ratio compares a company's current share price to its earnings per share (EPS), which is a generally used measure to determine a stock's value. A Company with a lower P/E ratio is often better than the market average or competitors. This indicates that investors are paying less money for every [...]
Stocks to Watch: 7 Stocks with good returns that will trade ex-dividend next week
‘Dividend’, a very popular term associated with the capital markets industry, refers to the distribution of earnings of a company back to its stakeholders, and, the same is determined by the company’s Board of Directors. The dividend payment is usually paid in the form of cash or reinvestment in the company’s additional stock. Listed below [...]
₹ 0.09 to ₹ 922: Multibagger stock turns ₹ 1 Lakh to ₹ 102 Cr in 14 Years
Westlife Foodworld Ltd shares closed on August 18 at Rs 922.20 per share, marginally down from the previous close price of Rs 927.10, with a market capitalization of Rs 14,380 crores. According to Bombay Stock Exchange data, the stock has delivered multibagger returns of about 10,23,400 percent over a 14-year period, spanning from Rs 0.090 [...]
Multibagger Defence stock that has a low debt to add to your watchlist
After some correction witnessed in the benchmark indices, retail investors are in continuous watch for stocks that have the potential to provide multi-fold returns. Listed below is a multibagger stock under the ‘Defence’ industry having a low debt that one should keep on their radar: Zen Technologies Limited With a market capitalization of Rs 7,130 [...]
Multibagger Ashish Kacholia stock in green after it receives order worth $2 million
Ashish Kacholia’s multibagger stock received a huge order from the Myanmar Port Authority. The company marks this new achievement as their first independent international contract. Share prices of Knowledge Marine and Engineering Works Limited spiked 3.2% today. The share opened at Rs. 1,385 on Friday and hit its intra- day high at Rs. 1,430. This [...]
Bulk Deal: Real Estate stock in green after 40 lakh shares of the company exchanged hands
On Friday shares of this company opened at Rs. 132.05 and it closed at 137.60. The stocks of this company currently trading 3.1% away from the 52-week high and above the 50-days & 200-days moving averages. In the stock market, a bulk transaction happens when the total number of shares purchased or sold exceeds 0.5% [...]
Frequently Asked Questions
1. What is Trade Brains News?
Trade Brains News offers fast and reliable business news, equity news, and stock market news for the readers. Trade Brains News is a Free stock news publication and provides daily national, international, and business news, tracks market movements, and detailed coverage of significant business events.
2. What type of News do you get on Trade Brains News?
Trade Brains News offers a wide range of National and International business news and involves categories like Market Alerts, IPO News and Alerts, Stock & Share News, Corporate Announcements like Dividends News, Bonus Alerts etc, Indian corporate Quarterly & Annual result coverage, Commodity news, Economy news and more.
3. Why should you choose Trade Brains News?
Trade Brains News offers a one-stop solution for reading all the Indian Stock Market-related news. Whether it is daily Share Market movements, corporate announcements, New IPOs, or any other big stock market event, Trade Brains News has got all covered.
4. Where can you find Trade Brains News?
5. Is Trade Brains News reliable?
6. How is Trade Brains News different from others?
Trade Brains News is expressly focused on providing Stock Market and Business News and ignoring all the irrelevant ones. By following Trade Brains News, the readers will be able to follow the stock market closely without missing any major event and by quickly accessing all the top news of the day.
