#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
Transformer stocks jumps after receiving orders from Tata Group
The shares of the transformer manufacturer gained up to 2 percent after the company bagged significant purchase orders from Tata Power Northen Odisha Distribution Limited worth Rs 1.11 crore. With a market capitalization of Rs 105.23 crore, the shares of Alfa Transformers Ltd were trading at Rs 115.00 per share, decreasing around 1.25 percent as [...]
Stock jumps 5% after receiving work order from Israel Weapons Industries
Stock engaged in the production of investment castings, vacuum castings and many more catering to industries like Defence, Aerospace, and many more jumps 5 percent in the day’s trade upon receiving long-term work order from Israel Weapons Industries. Price Action With a market capitalization of Rs. 448 Crores, the shares of Investment & Precision Castings [...]
Paytm Vs Mobikwik: Who will dominate the India’s digital payment market?
India’s digital payment market is rapidly expanding, driven by increasing smartphone usage, internet penetration, and government initiatives like Digital India and the introduction of UPI (Unified Payments Interface). With a large, tech-savvy population, the market has immense growth potential, especially in rural areas where digital adoption is gaining momentum. The rise of e-commerce, mobile wallets, [...]
Is NIFTY 50 heading towards 23,000? Reasons for the crash explained
The Indian stock market stands at a critical juncture, facing multiple potential challenges that could trigger a significant market correction. Investors are navigating a complex landscape marked by year-end mutual fund portfolio adjustments, foreign institutional investor profit booking, geopolitical tensions, and uncertainties surrounding global economic policies. The Nifty index faces potential volatility from factors including [...]
Sanghi Industries to merge with Ambuja Cements; How many shares will you get?
In Wednesday’s trading session, the shares of one of the leading adani stock specialised in manufacturing of cements jumped upto 1.5 percent following amalgamation of its subsidiaries Sanghi Industries Ltd and Penna Cement Ltd. Price action With a market capitalization of 1,40,632 Crores on Wednesday, the shares of Ambuja cements Ltd jumped upto 1.5 percent [...]
Fintech stock jumps 7% after it joins BlackRock’s Aladdin Provider network to enhance fund administration service
The investment banking and fintech sectors in India are witnessing significant growth, fueled by a surge in IPOs (Initial Public Offerings) in the market. As more companies go public, investment banks play a crucial role in facilitating IPO filings, structuring deals, and raising funds for businesses. The influx of IPOs is boosting the demand for [...]
Why did NMDC, Tata Steel, SAIL and other metal stocks fall today?
According to Pib, India's iron ore sector is a vital component of its mining industry, producing approximately 277 million metric tonnes (MMT) in FY 2023-24, marking a 7.4% increase from the previous year. The sector is projected to grow at a CAGR of over 3% from 2024 to 2030, driven by rising steel demand. Today, [...]
Green Energy stock jumps 7% after company to increase its solar module manufacturing capacity
Green Energy stock, an integrated solar energy solutions provider engaged in offering EPC and O&M services for power plants, solar systems, pumping systems, and many others jumped upto 7 percent in the day’s trade following expansion plans to increase its solar module manufacturing capacity. Price Action With a market capitalization of Rs. 1,386 Crores, the [...]
Steel stock jumps 8% after company to acquire 31% stake in ReNew Green Energy Solutions
In Wednesday’s trading session, the shares of one of the leading steel stock specialised in manufacturing of steel pipes, tubes, and a range of other steel products jumped upto 8% percent following the acquisition of 31.20 percent stake in ReNew Green Energy Solutions Private Limited. Price action With a market capitalization of 19,770 Crores on [...]
Drone stock jumps 7% after it partners with iVolatus Aerospace to improve drone logistics services
The shares of these drone manufacturers gained up to 7 percent after the company announced its strategic partnership with iVolatus Aerospace Inc. With a market capitalization of Rs 299.86 crore, the shares of Droneacharya Aerial Innovations Ltd were trading at Rs 124.95 per share, increasing around 5 percent as compared to the previous closing price [...]
News Alert
NEWSALERT
Time to convert fintech initiative into fintech revolution that will help achieve financial empowerment of every single person: PM Modi. PTI DP ANZ RAM
NEWSALERT
690 mln Rupay cards issued, 1.3 bln transactions through Rupay last year: PM Modi at InFinity Forum. PTI DP ANZ RAM
NEWSALERT
Maruti Suzuki to hike vehicle prices from January to offset rise in input costs: Regulatory filing. PTI MSS BAL BAL
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
2 Multibagger stocks bought by FIIs recently; Do you own any?
As per market data, foreign investors own about 18-20 per cent of the Indian stock market. Among them, the Foreign Institutional Investors (FIIs) are tracked the most to get a consensus about the sentiments of the foreign investors. Amid the ongoing volatility in the market here are two multibagger stocks bought by foreign firms: Deepak [...]
OYO reports revenue at Rs 1,459 crore in April-June
Hospitality and travel-tech firm OYO has reported a revenue of Rs 1,459.32 crore in the three-month period ended June 30, 2022, according to a regulatory filing. The IPO-bound company, which had last year in October filed preliminary papers with Sebi to raise Rs 8,430 crore through an initial share sale, also posted an "adjusted EBITDA" [...]
Tea firm gets non-binding letter of Interest; hits second straight 20% upper circuit
McLeod Russel Limited’s (MRIL) shares are nearing their 52-week high as they hit two straight upper circuits, triggered by a bulk deal. The shares are locked at ₹ 34.25 apiece on the National Stock Exchange (NSE) on Monday. The stock reached its 52-week high of ₹ 35.45 on September 30 last year. Carbon Resources (P) [...]
8 Stocks that will start trading Ex Dividend this week; Are you holding any?
The Indian domestic indices have been volatile as the fears of a recession in the US have crippled investors. While due to the volatility the capital appreciation might have slowed, here are some stocks that will pay dividends soon and will act as a passive source of income for the investors: Gujarat Fluorochemicals Ltd CMP: [...]
2 Multibagger logistics stocks zoom after National Logistics Policy announced
India has finally received its long-awaited National Logistics Policy (NLP). The Policy is set as a roadmap for developing a more interconnected and tech-driven framework for building cost and operational efficiency in the logistics sector. Prime Minister Narendra Modi said, “From 13 to 14% logistics cost, we should all aim to bring it to single-digit [...]
Pharma company to buy back shares worth Rs 250 crores; Do you own it?
The shares of Granules India Limited opened at Rs 320 and zoomed by 2 per cent to reach an intraday high of Rs 327 on Monday. In the span of a month, the stock has moved marginally and gained approximately 5 per cent. In the span of three years, the stock has given a multibagger [...]
Adani Group Cement stock jumps 10% to hit new record high
The shares of Ambuja Cements Limited zoomed 10 per cent on Monday’s early trades to hit a record high of ₹ 572.00 apiece on the bourses. The stock surpassed its previous 52-week high of ₹ 550.15 apiece that it had touched on Friday, following the Adani Group’s plans to infuse ₹ 20,000 crores in the [...]
Smallcap Stock jumps 18.24% after receiving order for Vande Bharat Trains
Small-cap battery manufacturer, Indo National Limited’s shares zoomed 18.24% on Monday’s early trades and got locked at an upper circuit at ₹ 403.90 apiece. The company manufactures batteries under the well-known brand Nippo. In an exchange filing, the company informed the bourses that its subsidiary Kineco had bagged a ₹ 113 crore order for the [...]
₹ 1 Lakh to ₹ 3.7 Cr: Multibagger stock delivers more than 37,000% returns in long term
The shares of Polyplex Corporation Ltd have delivered 37,374 per cent returns as they have zoomed from Rs 6 to the current levels of Rs 2,053 a piece in twenty-two years. This shows the power of compounding which can be achieved by long-term investments. If an investor would have invested Rs 1 lakh in the [...]
Ex RBI Guv bats for maintaining hawkish stance on rates
Former RBI Governor C Rangarajan advocated maintaining the ongoing hawkish stance by the Reserve Bank of India to tame inflation and expected that the rupee will strengthen with resumption of capital inflow. He also said the country has to clock an 8-9 per cent year-on-year growth for the next five years to achieve the target [...]
Inox Green Energy plans to launch Rs 740 cr IPO in next 30-45 days: CEO Kailash Tarachandani
Inox Green Energy Services, a subsidiary of Inox Wind, is planning to come out with its Initial Public Offering (IPO) by October this year to raise Rs 740 crore to fund its expansion plans. The company will focus on the Indian market initially and plans to tap the overseas market after establishing itself in this [...]
Stocks to Watch: 8 Stocks to BUY for an upside of up to 58%
Benchmark indices reversed last week's gains as the markets saw a heavy sell-off on the last trading day of the week. The BSE Sensex declined 1,093.22 points or 1.82 per cent to end at 58,840.79. The broader Nifty50 ended 346.60 points lower at 17,530.80. Amid a volatile market, here are some stocks recommended by the [...]
Vedanta-Foxconn semiconductor plant site in Gujarat likely to be finalised in 2 weeks: Official
Vedanta and Foxconn have hired experts who are evaluating possible locations for their upcoming semiconductor plant in Gujarat and a site may be finalised in the next couple of weeks, Gujarat Science and Technology Department Secretary Vijay Nehra said. So far, the joint venture company has not finalised the location as they are evaluating various [...]
Weekly Recap: 4 Patanjali IPOs, Fitch lowers India’s growth rate sharply and More!
Indian Benchmark Indices opened higher amid positive moves across global markets. The BSE Sensex revisited the 60,000 mark, while the Nifty was nearing the 18,000 mark. Advances in IT, Oil & Gas, and FMCG shares pushed the headline gauges higher. On Friday’s closing bell, the BSE Sensex closed 1093.22 points or 1.82% lower at 58,840.79 [...]
3 Companies that turned profitable this year: Do you own a stock in any?
Sometimes companies experience poor performance and then they make strategic changes to their business and experience a turnaround. Most of the time this performance is finance related and companies manage to make profits after suffering losses for some time. Here are a few companies with a market capitalization greater than ₹ 5,000 crores that have [...]
Windfall tax on domestic crude oil cut
The government on Friday cut the windfall profit tax on locally-produced crude oil in line with a fall in international rates, and reduced the levy on export of diesel and jet fuel (ATF) with effect from September 17. At the fifth fortnightly review, the government reduced tax on domestically-produced crude oil to Rs 10,500 per [...]
Multibagger stock with 564% returns, hits upper circuit after FIIs invest in the company
The shares of Sampre Nutritions Limited opened at Rs 109 and rose to Rs 112 to be locked in an upper circuit of 5 per cent on the last trading day of the week. In the past five days, the stock has risen by approximately 17 per cent. The shares rallied on Friday after Mauritius-based [...]
3 Tyre stocks near their 52 week high as raw material cost comes down
Indian tire companies saw no friction this week as tire stocks zoomed to their 52-week high on Friday. The buzz around tire stocks is around the recent relief from a reduction in raw material costs. Across the industry, the cost of raw materials for tire makers has come down, most of them being critical components [...]
Domestic air passenger traffic rises to 1.01 crore in August
Indian airlines carried 1.01 crore passengers in August, reflecting a more than 4 per cent growth in domestic air traffic compared to the previous month. The carriers flew 97.05 lakh passengers in July. "Passengers carried by domestic airlines during January-August 2022 were 770.70 lakh as against 460.45 lakh during the corresponding period of previous year [...]
GMR Infra changes name to GMR Airports Infra
GMR Infrastructure on Friday said the company's name has been changed to GMR Airports Infrastructure Ltd after the demerger of its non-airport business. "Post receipt of approval of the shareholders of the company and necessary regulatory approvals, the change of name is effective from September 15, 2022," it said in a release. The company had [...]
What should investors do with TCS, INFY and other IT stocks as market crashes?
The Indian Information Technology stocks are trading in red again on Friday. The NIFTY IT index shed 749 points or 2.46 per cent in the realty hours of Friday and was at 27,023. Till 12.30 pm all the ten stocks that form part of the index were trading in the red. So far this year, [...]
Chinese loan apps: ED freezes over Rs 46 cr worth funds kept in payment gateway accounts
The Enforcement Directorate on Friday said it has frozen Rs 46.67 crore worth funds kept in payment gateways Easebuzz, Razorpay, Cashfree and Paytm after it carried out raids this week against Chinese-controlled loan apps and investment tokens. The funds have been frozen under the anti-money laundering law. The searches were launched on September 14 at [...]
UPL acquires 26% stake in renewable energy firm Clean Max Kratos
Agro-chemical firm UPL Ltd on Thursday said it has acquired 26 per cent stake in Clean Max Kratos Pvt Ltd, which is into renewable energy. Clean Max was incorporated on July 28 with paid up capital of Rs 1 lakh. The company, which is into solar/wind power generation, is yet to commence operations. In a [...]
CBI books PSL Group for cheating Canara Bank to tune of Rs 428.50 cr
The CBI has filed a case against PSL Group and its directors for allegedly cheating Canara Bank to the tune of Rs 428.50 crore by defaulting on credit repayments, officials said. The agency on Thursday conducted searches at seven locations in Mumbai and Kutch, Gujarat, resulting in the recovery of incriminating documents, they said. In [...]
Gems, jewellery exports grew by 6.7% in Aug to Rs 26,418.84 cr
The overall gems and jewellery exports rose by 6.7 per cent in August to Rs 26,418.84 crore (USD 3,316.08 million) compared to the same month last year, the Gem and Jewellery Export Promotion Council (GJEPC) said on Thursday. The gems and jewellery exports stood at Rs 24,749.69 crore (USD 3,334.12 million) during August 2021, GJEPC [...]
Domestic air passenger traffic rose 5% to 1.02 cr in Aug: Icra
Domestic air passenger traffic rose 5 per cent to 1.02 crore in August and a fast-paced recovery in the traffic is expected this fiscal on the back of normalcy in flight operations and widening vaccination coverage, according to rating agency Icra. Releasing the monthly domestic air passenger traffic data for August on Thursday, Icra further [...]
Adani Ports gets a BUY call from Jefferies; Check the latest target
The shares of Adani Ports and Special Economic Zone Limited inches marginally higher and were trading at Rs 956 levels till 11.40 am on Thursday. The shares zoomed by 2 per cent to reach their 52-week high of Rs 958.80 in the early hours on Wednesday. In the last five trading days, the stock has [...]
Tata Motors expects 20% of domestic passenger vehicle sales to come from EVs in three years
Tata Motors expects 20 per of its total passenger vehicle sales in the domestic market to come from electric vehicles in the next three years, a senior company official said on Thursday. The company, which has electric models such as Nexon EV and Tigor EV, expects to touch 50,000 units mark in total EV sales [...]
Shell to install 10,000 charging points across India by 2030
Energy giant Shell plans to set up more than 10,000 electric vehicle (EV) charging points in India by 2030. Shell launched its first EV chargers in India, for the four-wheeler and two-wheeler segments in Bengaluru on Thursday. India is the first market for Shell to launch chargers for two-wheelers. "The company plans to set up [...]
Kalyan Jewellers trades above issue price; brokerage sees 24% upside.
The festive season is nearing and the jewellery sector is shining bright as the sales have picked up after the pandemic. The shares of Kalyan Jewellers are dazzling. They have gained more than 18 per cent in the past two days and have reached an all-time high of ₹ 101.40 apiece on the National Stock [...]
Fitch slashes India’s FY23 GDP growth forecast to 7% on slowing global economy, rising interest cost
Fitch Ratings on Thursday slashed India's GDP growth projection for FY23 to 7 per cent, saying the economy is expected to slow against the backdrop of global economy, elevated inflation and high interest rate. In June, it had forecast 7.8 per cent growth for India. “We expect the economy to slow given the global economic [...]
Smallcap Tata Group stock jumps 60% in 5 days; Do you own it?
The shares of TRF Ltd. were locked in an upper circuit for the third session in a row. The company’s shares opened 10 per cent higher on Thursday and in the past five days, the share price of the company has surged 59.30 per cent from ₹168.30 apiece to the current level. The company’s shares [...]
1 Lakh to 26 Lakhs: Multibagger stock delivers more than 2,500% returns in 3 months
Multibagger stocks are those that give at least 100% returns in a given time frame. Quite often, the shares of companies take a while to deliver multibagger returns to their shareholders. This could be a year or more. However, some companies deliver multibagger returns in a very short span of time. Baroda Rayon Corp Ltd. [...]
Stocks to BUY: 2 Stocks that can deliver up to 40% returns
Domestic benchmark indices slipped after opening higher on Thursday. Asian markets were steady but fragile and investors are worried about the interest rate hikes by the US Fed. At 11:32 AM, the NSE Nifty 50 was trading at 17911.65 points, up 28.60 points or 0.16%, while the BSE Sensex was at 60069 points, down 0.46% [...]
Tamilnad Mercantile Bank shares debut nearly 3% lower on NSE
Shares of Tamilnad Mercantile Bank on Thursday made a muted market debut and fell by nearly 3 per cent at the NSE against its issue price of Rs 510. At the NSE, the stock made its debut at Rs 495, lower by 2.94 per cent from the issue price. The company's shares listed at par [...]
Future Enterprises Q4 net loss widens to Rs 2,296 crore, revenue dips 13%
Future Enterprises on Wednesday said its consolidated net loss widened to Rs 2,295.90 crore in the fourth quarter ended March 2022 due to factors including failure of the deal with Reliance, attrition of employees and litigations. The company had posted a consolidated net loss of Rs 281.76 crore in the January-March quarter a year ago, [...]
Development and testing of electric vehicles need to follow strict protocols, say industry leaders
Development and testing of electric vehicles need to follow strict protocols and companies must not rush to the market in order to avoid incidents of vehicles catching fire, according to automotive industry leaders. With EVs (Electric Vehicles) still evolving, the manufacturers are in the process of learning and even the testing agencies are yet to [...]
Harsha Engineers IPO fully subscribed on day one
The initial public offer of Harsha Engineers IPO got fully subscribed on the first day of subscription on Wednesday. The public offer received bids for 3,24,61,830 shares as against 1,68,63,795 shares on offer, translating into 1.92 times subscription, according to data available with the NSE till 1734 hrs. Retail individual investors' category received 2.28 times [...]
Byju’s FY22 revenue jumps over 4-fold to Rs 10,000 crore; loss widens to Rs 4,588 crore in FY21
Edtech major Think & Learn, which operates under Byju's brand name, on Wednesday said its gross revenue jumped over four-fold to Rs 10,000 crore in FY22, while its losses in FY21 widened to Rs 4,588 crore. The company had registered a revenue of Rs 2,428 crore in FY21. Byju's losses widened to Rs 4,588 crore [...]
Multibagger stock which has given more than 200% returns plans to enter E-commerce
The shares of Kshitij Polyline Limited opened at Rs 91.75 to reach its new 52-week high and got locked in an upper circuit of 5 per cent. In the last five days, the stock has zoomed by more than 17 per cent. In the span of a month, the stock has gained 70 per cent. [...]
Largecap Bank Stock reaches all time high; JM Financial sees further upside
Banking major, State Bank of India (SBI) Limited’s shares reached a lifetime high of ₹ 574.85 apiece on the National Stock Exchange (NSE). The shares surged 3.02% on Wednesday’s trades. The public sector lender stood seventh in the overall market cap ranking with a market cap of over ₹ 5 lakh crores on Wednesday’s trades. [...]
Kellogg India FY22 revenue from operations up 14% to Rs 1,332 cr
Breakfast cereal producer Kellogg India's revenue from operation was up 14.12 per cent in 2021-22 to Rs 1,332 crore as compared to the previous year. Its profit after tax in FY22 jumped 42.94 per cent to Rs 102.51 crore as against Rs 71.71 crore a year ago, as per the data provided by business intelligence platform [...]
Voltas sells 1.4 mn units of ACs in Jan-Aug this year; to expand retail footprint further
Helped by an increase in demand for cooling products due to intense summer this year, Tata group firm Voltas has sold around 1.4 million units of residential air conditioners till August this year. Voltas crossed this one-million-plus sales mark for the seventh consecutive year in a row, the company said a statement. The company sold [...]
Auto component industry should enhance localisation, invest in tech: Maruti Suzuki
The auto component industry should focus on enhancing localisation, improving manufacturing quality and keep investing in emerging technologies for a sustainable growth, Maruti Suzuki Executive Chairman Kenichi Ayukawa said on Wednesday. Speaking at the 62nd session annual session of ACMA here, Ayukawa, who is also the president of auto industry body SIAM, noted that localisation [...]
2 Stocks that will pay a dividend of more than 1,000% soon; Are you holding any?
There are generally two ways to earn in the stock market i.e, Capital appreciation and Dividends. While capital appreciation happens over time through active investing, Dividend is a source of passive income. Here are two stocks that will pay a dividend of more than 1000%: Bajaj Holdings And Investment Limited The shares of the Bajaj [...]
A bonus or split does not lead to a loss, says Zerodha founder, Nithin Kamath
“Every time a popular stock goes ex-bonus/split & the price drops on ex-date, there is panic or greed among many investors because they think they've made a loss or that the stock has become cheaper,” tweeted Nithin Kamath, Founder and CEO, Zerodha. He took to Twitter to explain what a stock split means and that [...]
Indian markets rebound from opening lows; what led to the drop?
Headline Indices suffered deep cuts as they opened lower on Wednesday. The BSE Sensex quoted at 59417 points, down 1150 points, while the NSE Nifty 50 was at 17771 points, down 300 points. The thirty-share index reclaimed the 60,000 mark on Monday, whereas the fifty-share index reclaimed the 18,000 mark on Tuesday. However, the benchmark [...]
2 Fundamentally strong stocks to BUY for huge upside potential
Till the afternoon on Tuesday, the Sensex was up 513.66 points or 0.85% at 60628.79, and the Nifty up 150.40 points or 0.84% at 18086.70. Amid the positivity, here are two blue chip stocks that are recommended by analysts for an upside of up to 20%: Tata Chemicals Limited The shares of Tata Chemicals were [...]
Shares of PVR, INOX Leisure rise in morning trade
Shares of multiplex chains PVR and INOX Leisure defied the broader market trend and gained in the morning trade on Wednesday. The rise in shares came a day after the Competition Commission of India (CCI) rejected a complaint against the proposed merger of PVR and INOX Leisure, saying apprehension of likelihood of anti-competitive practices by [...]
Investor wealth tumbles Rs 2.21 lakh crore in early trade
Investors' wealth eroded by more than Rs 2.21 lakh crore in early trade on Wednesday, with the market witnessing a selling-off amid prospects of aggressive rate hikes by the US Federal Reserve to tackle high inflation, and sluggish global trends. In less than hour of the start of trading on Wednesday, the key indices -- [...]
Multibagger Dolly Khanna stock reaches all time high as company announces bonus issue
Pondy Oxides & Chemicals Ltd. (POCL) is a small-cap company that is in the news these days. It operates in the chemical industry and is going to trade ex-dividend this week and ex-bonus this month. Ace investor Dolly Khanna holds a stake in this multibagger stock. The shares of the company shot up by 38.43% [...]
Stocks that have gained more than 10% today as Nifty crosses 18,000
Domestic equity market benchmarks BSE Sensex and NSE Nifty 50 extended their winning streak to the fourth consecutive day on Tuesday. The BSE Sensex jumped 456 points or 0.8 per cent to end at 60571, while NSE Nifty 50 crossed the 18,000 mark after 4 months and ended at 18070. With the bullish sentiment in [...]
No shortage of fertilisers in the country, says Mandaviya
Union Chemicals and Fertilisers Minister Mansukh Mandaviya on Tuesday said there is no shortage of crop nutrients in the country and asserted that there will be no hike in the prices of non-urea products. The minister also said that Nutrient Based Policy (NBS) for Phosphatic and Potassic (P&K) fertilisers for the Rabi season (October 2022 [...]
Stocks to Watch: 4 Smallcap Multibagger stocks with Low debt to add to your watchlist
A debt is any financial obligation that the company has to repay within a specified time period. For extending the capital, the creditor generally charges an additional sum of money which is known as interest. The debt is seen as a risk factor as the non-payment can also lead to bankruptcy of the company. Therefore, [...]
Tata Group stock jumps 37% in a month to reach an all time high; Do you own it?
The shares of Tata Investment Corporation Limited opened at Rs 1,978 on Tuesday and gained more than 5.5 per cent to reach its All time high of Rs 2,096.50. The stock has been on an uptrend and has gained more than 15 per cent in the last five trading sessions. In the span of a [...]
Coal India shares rise nearly 2%
Shares of Coal India rose nearly 2 per cent in the morning trade on Tuesday as the government is set to auction 10 coal blocks under commercial coal mining this week. Shares of Coal India opened at Rs 233, then gained 1.64 per cent to Rs 235.30 apiece on BSE. On NSE, the scrip opened [...]
Vedanta, Foxconn sign MoU with Gujarat govt to set up semiconductor unit in state
Indian conglomerate Vedanta and electronics manufacturing giant Foxconn signed a Memorandum of Understanding with the Gujarat government on Tuesday to set up a semiconductor and display FAB manufacturing unit in the state. The MoU was signed in the presence of Minister for Railways, Communications, Electronics & Information Technology, Ashwini Vaishnaw, at a function held in [...]
Abrdn to sell 4.3 cr HDFC Life shares to raise up to Rs 2,425 cr in block deal
UK-based investment company Abrdn is planning to sell up to 4.3 crore sales representing 2 per cent of HDFC Life Insurance Company's outstanding shares through a block deal to raise over Rs 2,425 crore, according to merchant banking sources. The Edinburgh-based company, which was formerly known as Standard Life Aberdeen, has offered the shares in [...]
Top Stock Picks: 6 Stocks to buy for an upside of up to 65% before the bull run starts
On Monday, the BSE Sensex ended the day 312.26 points higher or 0.52 per cent at 60,105.40. While the broader Nifty50 added 97.50 points or 0.55 per cent to close at 17,930.80. Amid the rising markets, here are some stocks that are recommended by analysts for an upside of up to 65%: Balaji Amines Limited [...]
Stocks that will trade Ex bonus this week: Are you holding any?
The issue of bonus shares is a corporate action in which additional shares are given to eligible shareholders without any additional cost, based upon the number of shares that a shareholder owns. A bonus issue usually happens when the share price of the company is too high, to increase the liquidity of its shares, or [...]
Multibagger stock hits upper circuit of 20% and reaches all time high
Starlineps Enterprises Limited’s shares surged 19.97 percent on Monday’s early trades to reach a fresh all-time high of ₹ 124.65 apiece on the Bombay Stock Exchange (BSE). The wholesale B2B company is engaged in the business of precious stones and jewellery. The company’s shares were trading at ₹ 122.35 apiece at 12:18 PM on Monday. [...]
Multibagger smallcap stock with 153% returns announces bonus issue; Check the details
The shares of Ruby mills inched up by 1.1 percent and were trading at Rs 672 till 11.50 am on Monday. The shares reached its all time high of Rs 687 last week on Friday. In a month, the stock has gained approximately 48 percent. In January 2022, the stock was trading at Rs 264 [...]
Shares of Mahindra Lifespace Developers jump over 2%; touch 52-week high on bourses
Shares of Mahindra Lifespace Developers touched its 52-week high in the morning trade on Monday after the realty firm said it is looking to acquire a few land parcels this fiscal to build housing projects. Shares of the company opened at Rs 541.95 on Monday, then gained 2.37 per cent to touch Rs 550.40, its [...]
Weekly Recap: 10 crore Demat accounts, Gov to acquire stake in Vodafone and More!
After a flat start on Monday, headline indices BSE Sensex and NSE Nifty 50 gained 361 points (0.61%) and 103 points (0.59%) respectively. The thirty-share index was at 59164 points while the fifty-share index was at 17642 points. On Friday, the benchmark indices extended gains, led by IT shares. However, losses in oil & gas [...]
4 Midcap growth stocks that have huge potential; Do you own any?
Growth stocks are the stocks of those companies that demonstrate a high potential for development. When investors purchase these shares, it can lead to massive wealth accumulation for them. They usually provide better returns than the prevailing rate of inflation. When these stocks have a market capitalization of anywhere between ₹ 5,000 crores to ₹ [...]
Brokerages see more than 45% upside in this stock; Are you holding it?
The shares of Zomato Limited were trading 2.2 per cent higher till the afternoon on Friday at Rs 62.75 levels. In the past month, the stock has been volatile and gained more than 12 per cent. In the past six months, the stock has shed more than 21 per cent of its value. On a [...]
Markets to take cues from macro data, global trends: Analysts
Trading in the domestic equity market this week will be largely driven by a host of macroeconomic data announcements and global trends, analysts said. Industrial production data for July and inflation rate for August are scheduled to be announced on Monday. Besides, wholesale price index (WPI) inflation data will be released on Wednesday. "The direction [...]
Adani Group open offer for ACC, Ambuja Cements gets lukewarm response from investors
Adani Group's Rs 31,000-crore open offer to acquire 26 per cent additional stakes in Swiss firm Holcim's two Indian listed entities ACC Ltd and Ambuja Cements closed on Friday amid lacklustre response from public shareholders. According to the latest regulatory filing by ACC Ltd, till 6.40 pm on Friday, around 40.51 lakh equity shares were [...]
Stock to Watch: This Auto sector stock might have the potential to become a Multibagger
The shares of SML Isuzu Limited declined by 2.2 per cent and closed at Rs 784 in Friday's trading session. In the past five days, the stock has gained more than 3 per cent and in a month it has jumped by approximately 15 per cent. The stock reached its 52-week high of Rs 848.90 [...]
Reliance acquires Shubhalakshmi Polyesters for Rs 1,592 crore
Billionaire Mukesh Ambani's Reliance Industries Ltd has acquired polyester chips and yarn manufacturer Shubhalakshmi Polyesters Ltd for Rs 1,592 crore, the company said in a stock exchange filing. "Reliance Petroleum Retail Ltd (under name change to 'Reliance Polyester Ltd'), a wholly owned subsidiary of the company, today executed definitive documents to acquire polyester business of [...]
Crypto fraud: Man held for duping Meerut bizman of Rs 1.84 crore
The Cyber Crime wing of Uttar Pradesh Police on Friday said it has arrested one person in connection with a Rs 1.84-crore cryptocurrency fraud. The Mumbai-based accused was arrested by officers of the Cyber Crime police station, Noida, for allegedly duping a Meerut-based businessman on the pretext of investment in cryptocurrency. During the probe, it [...]
Stock to BUY: Bluechip Auto stock with upside potential of more than 25%
Automobile major Maruti Suzuki will consider the SUV segment as a key area to lift its overall market share in the country. The company’s overall market share is under 45% currently and the target is to lift it to 50%. Shashank Srivastava, Senior Executive Director, Maruti Suzuki said that in the non-SUV segment, the company [...]
SpiceJet appoints Ashish Kumar as CFO
Budget carrier SpiceJet on Friday said it has appointed Ashish Kumar as its Chief Financial Officer. Kumar's appointment for the post is effective from September 9, SpiceJet said in a statement. Kumar succeeds Sanjeev Taneja, who quit the struggling carrier on August 31. Before joining the Gurugram-based low-cost airline, Kumar was serving as vice president [...]
PSU stock jumps 10% in 2 days after a demerger; might declare dividend
Bharat Earth Movers Limited (BEML) is hiving off its land assets business from its core business. This will help it to specify the real value of its core business and fixed assets separately, in order to fast-track privatization. The state-run player’s shares are currently locked at ₹ 1614.05 apiece on the National Stock Exchange (NSE). [...]
Multibagger Dolly Khanna stock hits upper circuit; Up 245% this year
Dolly Khanna Portfolio: The shares of Tinna Rubber and Infrastructure Ltd opened at a 5 per cent upper circuit at ₹ 633.70 apiece on Friday. They were locked at a 5 per cent upper circuit on Thursday as well. Tyre stocks have vroomed and are in the limelight. The sector’s improved pricing power is said [...]
Tech company approves share buyback at 39% premium; Do you own it?
The shares of Tanla Platforms Limited opened at Rs 868.95 on the last trading session for the week as against the previous close of Rs 834 and was locked at an upper circuit. In the last five days, the stock has gained more than 16 percent. The stocks have started ralling as the board of [...]
India bans export of broken rice
After imposing 20 per cent export duty on non-basmati rice, the government has banned the export of broken rice with an aim to increase domestic availability, according to a government notification "Export Policy of broken rice ...is amended from ‘Free’ to ‘Prohibited’," the Directorate General of Foreign Trade (DGFT) said in a notification dated September [...]
Rakesh Gangwal, wife sell 2.74% stake in InterGlobe Aviation for Rs 2,005 cr
IndiGo Airlines co-promoter Rakesh Gangwal and his wife on Thursday divested 2.74 per cent stake in the parent company InterGlobe Aviation for Rs 2,005 crore through open market transactions. Gangwal had resigned from the board of directors of the company in February 2022, stating that he will gradually reduce his equity stake over the next [...]
Mcap of BSE listed firms at all time high of Rs 282.66 lakh cr
The market capitalisation of BSE-listed firms reached an all-time high of Rs 282.66 lakh crore on Thursday, helped by a rebound in equities. The 30-share BSE Sensex climbed 659.31 points or 1.12 per cent to settle at 59,688.22 after falling in the previous two trading days. The bounce back in equities, helped the market capitalisation [...]
Porinju Veliyath increases his stake by 2.12% in this smallcap multibagger stock
The shares of Duroply Industries Limited opened at Rs 182.50 as against its previous close of Rs 173.85 and got locked in the upper circuit of 5 per cent on Thursday's trading session. In the past month, the stock has gained more than 11 per cent. So far this year the stock has gained approximately [...]
Govt to acquire Vodafone Idea stake after share price stabilises at Rs 10 or above
The government will acquire a stake in debt-ridden Vodafone Idea after the stock price of the company stabilises at Rs 10 or above, according to an official source. Vodafone Idea (VIL) board has offered a stake to the government at a par value of Rs 10 per share. "There is a SEBI norm that the [...]
Stock tanks after co founder sells 2.8% of his stake in this airline company
The shares of Interglobe Aviation Limited (IndiGo) opened at Rs 1,959 on NSE and declined by 2.3 percent to reach an intraday low of Rs 1,914 on Thursday. The scrip declined in the early hours of Thursday as about 10.8 million shares were listed for sale for Rs 1,996 crore via a Block deal, according [...]
Government plans disinvestment in this PSU Stock; Will Adani buy it?
Liberalising the land leasing policy, the Union Cabinet on Wednesday slashed the railways’ land licensing fee for certain usages to 1.5% from 6% earlier. Moreover, the lease period has also been extended to up to 35 years from the current five years. This development is believed to be in line with NITI Aayog's recommendation to [...]
Electric Equipment stock jumps 14% as company plans to enhance production capacity
The shares of Schneider Electric Infrastructure Limited opened at Rs 145.75 on NSE and spiked by approximately 14 percent to reach its new 52-week high of Rs 165 in the early trading hours on Thursday. Schneider Electric Infrastructure Limited is engaged in the business of manufacturing, designing, building, and servicing technologically advanced products which include [...]
Brokerages see further upside in Coal India even after it jumps 60% this year; Check the latest targets
Coal India Limited's shares have risen by 58.90 per cent in the past year on the back of favourable demand-supply dynamics and growing global coal demand. The state-run behemoth supplies nearly 80 per cent of India’s coal requirements. In fact, it's production. increased by 44.6 million tonnes (MTs) in just five months and four days [...]
Automobile retail sales in India rise 8.31% in August: FADA
Retail sales of automobiles in India grew 8.31 per cent in August this year on the back of increase in registrations of vehicles across all major segments, automobile dealers' body FADA said on Thursday. As per data released by the Federation of Automobile Dealers Associations (FADA), total vehicle retail sales in the country stood at [...]
Standard Chartered sells CG Power shares worth Rs 298 cr
Standard Chartered Bank (Singapore) Ltd offloaded 1.38 crore shares of CG Power and Industrial Solutions shares for Rs 298 crore on Wednesday through an open market transaction. According to block deal data available with BSE, Standard Chartered Bank (Singapore) Ltd sold 1,38,45,000 shares in six tranches, amounting to a 0.91 per cent stake in the [...]
Domestic airline industry expected to report Rs 15,000-17,000 loss in FY23: Report
Domestic airlines industry is expected to report a net loss of around Rs 15,000-17,000 crore this fiscal on account of elevated price of Aviation Turbine Fuel (ATF) and a weak rupee, a report said on Wednesday. The losses for the industry in the previous fiscal were estimated at around Rs 23,000 crore, credit ratings agency [...]
Stocks to BUY: 7 Stocks that can deliver returns of upto 60%
The Indian benchmark indices recouped opening losses in noon trade on Wednesday but ended in the negative zone amid dull global cues. The S&P BSE Sensex closed at 59,029, down 168 points or 0.28%, while the Nifty50 ended 31 points or 0.18% down at 17,624. Amid the volatile markets, here are some stocks that are [...]
Sensex, Nifty settle lower amid weak global markets
Benchmark BSE Sensex and Nifty ended lower on Wednesday, dragged down by losses in banking stocks amid weak global market trends. The 30-share Sensex declined by 168.08 points or 0.28 per cent to settle at 59,028.91. During the day, it fell 474.1 points or 0.80 per cent to 58,722.89. The broader NSE Nifty dipped 31.20 [...]
Can Vodafone Idea turnaround by reducing its debt?
Telecommunications Provider Vodafone Idea’s shares zoomed 8.74% on Wednesday's intraday trades on the back of heavy volumes, in an otherwise weak market. The share price of the company reached an intraday high of ₹ 9.95 apiece and had closed at ₹ 9.15 on Tuesday. The company’s shares were trading at their highest level since May [...]
Adani to build 3 giga factories as part of USD 70 bn green investment
Asia's richest man Gautam Adani on Wednesday said his ports-to-power conglomerate will build three giga factories for manufacturing solar modules, wind turbines, and hydrogen electrolyzers as part of a USD 70 billion investment in clean energy by 2030. Adani group is stepping up investments across the green energy value chain as it aims to become [...]
Cement Stock jumps to all time high as Adani Group offer opens soon
The shares of Ambuja Cements Limited opened at Rs 439 on Wednesday and climbed up by approximately 4 percent to reach its new all-time high of Rs 457.50. The stock surpassed its previous all-time high of Rs 442.95 which it reached in September 2021. The stocks made a new high ahead of the closure of [...]
Multibagger stock sets record date as 9th Sep for stock split
The shares of Banswara Syntex Limited opened at Rs 235 on Wednesday. In the past five days, the stock has shed 1.2 per cent. So far this year, the stock has been volatile and gained approximately 1.3 per cent. In September 2020, the stock was trading at Rs 69.90 a piece on NSE. From there [...]
Tata Group stock gets a BUY call with a potential upside of more than 40%
Tata Motors is investing up to ₹ 4,000 crores in the next two years to revamp and rationalise its product portfolio and introduce cleaner powertrains. It seeks to meet future emission norms of the industry that appear to be on course to scaling a fresh peak in sales volumes. The brokerage remains convinced of JLR [...]
Adani group says not overleaveraged, loans from public sector banks halved
Richest Indian Gautam Adani's conglomerate has cited an improved net debt to operating profit ratio and more than halving of loans from public sector banks to allay concerns about it being overleveraged. In a 15-page note in response to CreditSights report calling the group overleveraged, it said companies in the group have consistently de-levered, with [...]
Markets settle modestly lower in volatile trade
The Sensex and Nifty closed modestly lower on Tuesday after investors offloaded FMCG, IT and banking stocks in the last hour of trade amid mixed global cues. The selling pressure emerged towards the fag-end of the session. After rising over 320 points in intra-day trade, the 30-share BSE Sensex pared all gains to settle 48.99 [...]
Vijay Kedia FMCG Stock hits 52 week high; Jumps 45% in 5 days
The shares of Lykis Limited opened at Rs 53 on Tuesday and climbed 3.7 per cent to reach its new 52-week high of Rs 55.10. The stock has zoomed by more than 45 per cent in the past five days. Ace investor Vijay Kedia holds 18,07,911 shares which makes up a 9.33 per cent stake [...]
Can Kotak Bank and Federal Bank Merge? Here’s what analysts say
The shares of Federal Bank Limited witnessed a sharp surge of 8.53 per cent on Monday's early trades and clocked a fresh 52- week high of ₹ 129.75 apiece. This happened after media reports regarding the bank’s merger with Kotak Bank surfaced. The private sector lender, Federal Bank, said that the media reports about the [...]
Stocks to BUY: 2 Blue chip stocks that have huge upside potential
An investor looking for stability in the stock price which excludes sudden price movements along with a regular flow of income in the form of dividends generally prefers to invest in Large cap stocks. They not only provide moderate returns but are also highly liquid. Here are two large-cap stocks that analysts have recommended for [...]
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.
