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Stock backed by Govt. of Singapore jumps 4% after receiving approval for ₹12,000 Cr Residential Project

A real estate stock backed by the Government of Singapore experienced a 5% surge in trading on Tuesday following the announcement of a significant project approval. The company secured the Real Estate Regulatory Authority (RERA) approval for a new development project with an estimated Gross Development Value (GDV) of Rs.9,000 crore.  Price Movement During Wednesday’s [...]

Textile stock skyrockets 13% after company’s net profit increases by 52% YoY

The shares of the textile company, one of the largest women's bottom-wear brands in India, jumped up to 13 percent after announcing its Q4 results, which showed a 52 percent year-on-year (YoY) increase in profit. Price action With a market capitalization of Rs. 4,255.91 crores on Wednesday, the shares of Go Fashion (India) Ltd jumped [...]

Fertilizer stock jumps after reporting 253% YoY increase in net profits

During Wednesday’s trading session, the shares of India’s leading agri-solutions provider offering diverse products and services across the farming value chain are in focus on the stock exchanges, after reporting Q4 FY25 financial results with a rise in net profit by around 14 percent QoQ and 253 percent YoY. Price Movements With a market capitalisation [...]

EV stock crashes after announcing its Q4 results

During Wednesday’s trading session, the shares of a company primarily engaged in the manufacturing of storage batteries moved down by nearly 5 percent on BSE, after the company reported financial results for Q4 FY25. Price Movements With a market capitalisation of Rs. 30,022 crores, at 03:17 p.m., the shares of Exide Industries Limited were trading [...]

Solar stock jumps 6% after receiving order worth ₹50 Cr for solar power plant

During Wednesday’s trading session, the price of a solar equipment manufacturing company surged up to 6% intraday after securing an order worth 50.52 crore from Braithwaite & CO. Limited Price movement With a market capitalization of Rs. 414.5 crores, on Wednesday, the shares of GP Eco Solutions India Ltd were trading up by close to [...]

Auto ancillaries stock in focus after company to invest ₹423 Cr for EV Powertrain Project

The share of the Auto Ancillaries - Electrical company recovered 3 percent from its day low after announcing a joint venture manufacturing of High Voltage EV powertrain products. Price Movements With the market capitalization of Rs 51,680 Crores, the share of Uno Minda Ltd is up by 0.99 percent compared to the previous close of [...]

When will Nifty 50 hit 25,000 and Bank Nifty break 56,000? Here’s everything you need to know

The Indian stock market has experienced a significant rally recently, with the Nifty 50 and Bank Nifty showing considerable consolidation now. As global and domestic market conditions continue to evolve, investors and traders are left wondering whether the Nifty 50 can climb above 25,000 and if the Bank Nifty can surpass 56,000 during this sideways [...]

Chemical stock jumps 4% after commissioning ₹239 Cr agrochemical facility in Gujarat 

Shares of a chemical company backed by the Government of Singapore rose 4 percent after it announced the successful commissioning of its Rs.239 crore agrochemical intermediate facility in Dahej, Gujarat, marking a key milestone in its expansion strategy. Share Price Variation During Friday's trading session, SRF Ltd's share price hit an intraday high of Rs.2,859.70 [...]

Stock to get delisted from the exchange; Do you hold it?

During Friday’s trading session, the shares of a heavy large fabrication & large machining company working as sub-contractors are in focus following the stock’s news of delisting from the exchange. Do you currently hold this stock? Price Movement: With a market capitalisation of Rs. 227.4 crores, at 10:46 a.m., the shares of GTV Engineering Limited [...]

Billionaires Add $135 Billion After Trump’s Surprise Tariff Pause Sparks Market Rally

In a surprising market rally following former U.S. President Donald Trump’s announcement to pause tariffs, the world’s 10 richest billionaires collectively gained a staggering $135 billion in wealth. Here's how. What Happened  Followed by retaliatory tariffs imposed by China, US President Donald Trump said he would raise duties on Chinese imports to 125 percent from [...]

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Cabinet approves Rs 820 crore financial support for India Post Payments Bank: Source. PTI RR PRS ANZ PRS BAL BAL

NEWSALERT

LIC IPO will not crowd out capital and monetary supply in the market: Dipam secy. PTI HV DRR DRR

NEWSALERT

Billionaire Tesla CEO Elon Musk reaches deal to acquire Twitter for approximately $44B, reports AP. PTI AMS AMS

IPO Alert

FinMin, Sebi to take call on relaxation in LIC meeting minimum public holding norm: DIPAM Secy

New Delhi, Apr 29 (PTI) The Finance Ministry will discuss with market regulator Sebi to exempt LIC from the minimum public shareholding norm, Department of Investment and Public Asset Management (DIPAM) Secretary Tuhin Kanta Pandey said on Friday.Under the Sebi's minimum public shareholding norms, listed entities with a valuation of over one lakh crore need [...]

Campus Activewear IPO subscribed 51.75 times on last day of subscription

The initial public offer of athleisure footwear company Campus Activewear was subscribed 51.75 times on the last day of subscription on Thursday, mainly helped by strong interest from institutional buyers. According to the NSE data, the IPO (Initial Public Offer) got bids for 1,74,02,02,110 shares against 3,36,25,000 shares on offer. The portion meant for Qualified [...]

6.48 crore policyholders keen to buy LIC IPO, says official

Bengaluru, Apr 28 (PTI) Ever since the Life Insurance Corporation (LIC) announced launching the initial public offering (IPO), 6.48 crore LIC policyholders have shown interest to get the much-touted share of the largest insurance company in the country, an official said. “The response to our IPO launch is wonderful. We have some figures: 6.48 crore [...]

Govt says LIC share sale right-sized to make it sail through

Mumbai, Apr 27 (PTI) The government on Wednesday said the share sale of LIC has been trimmed to Rs 20,557 crore to "right-size" it so as not to crowd out capital inflow to the market given the present constrained sentiment, and insisted that the issue is value accretive for all, especially for retail investors. Announcing [...]

Uniparts India files draft IPO papers with Sebi

New Delhi, Apr 27 (PTI) Engineering systems and solutions provider Uniparts India Ltd has filed preliminary papers with the capital markets regulator Sebi to raise funds through an IPO. According to the Draft Red Herring Prospectus (DRHP), the initial share sale is entirely an Offer for Sale (OFS) of 15,731,942 equity shares by promoter group [...]

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 [...]
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Oct 12, 2024

₹430 to ₹14,136: Pharma stock turns ₹10,000 to ₹3.29 Lakhs in just 5 years

Editor's Pick, News

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 [...]

Oct 12, 2024

Latest Market News

Waste management stock hits upper circuit after receiving order from Dhandhuka Nagarpalika

Waste Management stock engaged in providing Waste Management Solutions, Municipal Solid Waste Management services, and many more hits 2 percent upper circuit in the day’s trade upon receiving a new work order worth Rs. 70.80 Lakhs to provide waste management services to Dhandhuka Nagarpalika.  Price Action  With a market capitalization of Rs. 278 Crores, the [...]

IT stock jumps 7% after bagging contracts to build Power BI dashboards for US-based clients

The shares of the IT-enabled service provider gained up to 7 percent after the company bagged significant contracts to build Power BI dashboards for US-based clients.  With a market capitalization of Rs 373.02 crore, the shares of Dev Information Technology Ltd were trading at Rs 165.90 per share, increasing around 4.44 percent as compared to [...]

Microcap stock in focus after receiving order from Technovative Engineers 

This Microcap Electric stock which deals in manufacturing a wide range of electric panels was in focus after the company received an order from Technovative Engineers worth Rs. 0.51 crore.  Price Action  With a market capitalization of Rs. 602.17 Crores, the shares of Shivalic Power Control Limited were down by 0.36 percent in the day’s [...]

Will this Chinese company enter Indian market with the help of Reliance?

E-fashion, especially in the clothing segment, has experienced tremendous growth in India, driven by platforms like Myntra, Amazon, and offline stores like Zudio. Myntra and Amazon dominate the online retail space, offering a wide range of fashion options across various price points. Myntra, with its focus on premium and trendy brands, has solidified its position, [...]

FMCG stock jumps after company to expand its manufacturing capacity in Bangalore

FMCG stock engaged in the business of trading milk, live poultry, fresh meat products, and other FMCG goods hit a 2 percent upper circuit in the day’s trade following the expansion of manufacturing capacity.  Price Action  With a market capitalization of Rs. 189 Crores, the shares of Healthy Life Agritec Limited hit a 2 percent [...]

Pharma stock in focus after acquiring 51% stake in Trident Mediquip 

This Microcap Pharma stock which deals in the business of pharma formulations under its own brands, loan license, and contract manufacturing model is in focus after the acquisition of 51% stake approval of Trident Mediquip.  Price Action  With a market capitalization of 310.48 Crores on Tuesday, the shares of Trident Lifeline Ltd fell by 1.82 [...]

Stock jumps 5% after signing agreement with Whirlpool for consumer durable product

The shares of leading electronics manufacturing services provider gained up to 5 percent after the company signed a definitive agreement with Whirlpool.  With a market capitalization of Rs 27,574.74 crore, the shares of PG Electroplast Limited were trading at Rs 975.05 per share, increasing around 2.22 percent as compared to the previous closing price of [...]

TATA Group stock jumps 12% after its subsidiary likely to launch its IPO

The Non-Banking Financial Company (NBFC) sector in India plays a significant role in providing financial services, particularly in underserved markets where traditional banks may not be present. NBFCs offer various financial products, including loans, investments, and insurance, catering to a diverse customer base. With rapid urbanization, digitalization, and increasing demand for credit, the NBFC sector [...]

Auto reseller stocks to be affected after Govt increases GST tax from 12% to 18% 

The GST Council has raised the Goods and Services Tax (GST) on old and used vehicles from 12 percent to 18 percent. This increase applies to businesses selling these vehicles at a margin and claiming depreciation, while individual transactions remain taxed at the lower 12 percent rate. The hike covers all used vehicles, including electric [...]

Microcap stock jumps after receiving ₹1 Cr order for mouldbases & ground Plates

In Monday’s trading session, the shares of one of the leading engineering stocks specialised in the manufacturing  of high-precision tools, dies, and molds jumps upto 2 percent  upon receiving new work order worth Rs. 1.35 crores from CTM India Ltd, Mutual Engineering & Plastic Molds, and others. Price action With a market capitalization of 429.86 [...]

Bank stocks to buy now for an upside of more than 20%; Do you own any?

The banking sector plays a crucial role in driving economic growth, especially after key events like the Federal Reserve's interest rate cut. Lower interest rates globally can impact capital flows, influencing investment in emerging markets like India.  In India, banks are essential for fostering economic development by providing access to capital, enabling businesses to expand, [...]

IT stocks jumps 3% after iShares Cybersecurity bought stake worth ₹90 Cr in the company

In Monday’s trading session, the shares of one of the leading IT stocks specialized in digital governance, e-governance services, and IT infrastructure jumps upto 3 percent after iShares Cybersecurity and Tech ETF buys stake in it worth ~Rs. 90.23  crores. Price action With a market capitalization of 8,130.57 Crores on Monday, the shares of Protean [...]

Pharma stock jumps 5% after receiving supply order worth ₹18 Cr from UNFPA for condoms 

In Monday’s trading session, the shares of one of the leading Pharma stocks specialised in the manufacturing of female condoms, personal lubricant, and IVD kits jumps upto 5 percent  upon receiving new work order worth ~Rs. 18.20 crores from United Nations Population Fund (UNFPA). Price action With a market capitalization of 2,114.45 Crores on Monday, [...]

Telecom stock jumps after company received ₹8 Cr order from Transmission Corp of Andhra Pradesh

This Microcap stock which is engaged in the business of manufacturing communication equipment, focusing on power and other utilities and provides allied services was up 2 percent intraday trade after the company received an order from Transmission Corporation of Andhra Pradesh worth Rs. 8.12 crore.  Price Action  With a market capitalization of Rs. 392.69 Crores, [...]

Infra stock jumps 5% after receiving order worth ₹106 Cr from NHAI 

Infra stock primarily engaged in the construction of roads, bridges, tunnel works, and many more jumped upto 5 percent in the day’s trade upon receiving a new work order worth ~Rs.106 Crores from NHAI.  Price action  With a market capitalization of Rs. 872 Crores, the shares of SRM Contractors Limited were trading at Rs. 592 [...]

Stock jumps 7% after company announces 1:5 stock split

Shares of this micro-cap seafood export company which is in the business of sourcing, processing, and packaging Shrimps for the international market is up 7 percent to Rs.272 per share, following the board of directors approved share split in the ratio of 1:5.  Price Variation  In Monday’s session, Coastal Corporation Limited's share price jumped 7 [...]

Cyber security stocks jumps 8% after company launches advanced suite of cybersecurity solutions

In India, the need for cybersecurity has become increasingly urgent as digital adoption continues to rise across industries, government sectors, and everyday life. With cyber-attacks becoming more sophisticated, safeguarding critical data, infrastructure, and personal information is a growing concern. This has led to an uptick in demand for cybersecurity solutions, resulting in the rise of [...]

EV stock jumps 5% after receiving ₹1,800 Cr order for supply of electric buses

In Monday’s trading session, the shares of one of the leading electric bus manufacturers specialized in the manufacturing of EV’s, automotive components and providing integrated solutions jumps upto 5 percent  upon receiving new work orders from Ahmedabad Janmarg Limited and others worth ~Rs. 1,800 crores. Price action With a market capitalization of 19,384 Crores on [...]

IT stock falls after promoters sold stake in the company worth ₹10 Cr

This Microcap stock deals in integrated omnichannel payment solutions and caters to banks and corporates were down 2 percent after the promoters sold a 1.2 percent stake worth Rs. 10.57 crore.  Price Action  With a market capitalization of Rs. 849.54 Crores, the shares of AGS Transact Technologies Limited were down by 2 percent in the [...]

Pharma stock jumps after getting approval from UK’s MHRA for its cancer drug 

Cancer drug pharmaceutical companies play a crucial role in developing innovative therapies to combat the rising incidence of cancer globally. As India faces a significant increase in cancer cases, experts predict it may become the "cancer capital of the world." Factors such as lifestyle changes, environmental pollution, and genetic predisposition contribute to this alarming trend.  [...]

Nuclear energy stock jumps 3% after JV with Abu Dhabi based firm for seals repairs and maintenance

Nuclear energy stock engaged in designing and manufacturing high-precision & heavy-duty mechanical seals widely employed in various nuclear & thermal projects jumped upto 3 percent in the day’s trade following the incorporation of JV in Abu Dhabi.  Price action  With a market capitalization of Rs. 526 Crores, the shares of Sealmatic India Limited were trading [...]

Pharma stock in focus after it acquired 56% stake in NJ Bio Inc for $64 Mil.

India is often referred to as the "Pharma Capital of the World" due to its dominant position in the global pharmaceutical market, particularly in generic drugs and Contract Development and Manufacturing Organizations (CDMOs). India supplies over 40% of the global demand for generics, making it the largest producer of affordable medicines worldwide.  The country’s robust [...]

Penny stock hits 5% upper circuit after receiving order from BEML for seat kit

Penny stock engaged in manufacturing Metro Rail Rolling Stock Products, Railway Signaling Products, Infrastructure Products, and many more related to it, hit a 5 percent upper circuit in the day’s trade upon receiving a new work order worth Rs. 2.28 from BEML Limited.  Price Action  With a market capitalization of Rs. 86.13 Crores, the shares [...]

Stock jumps 4% after receiving order worth ₹55 Cr from ONGC for OD casing pipe

This Microcap stock which deals in the manufacturing of Large OD multi-start casing connectors, casing pipes, artificial gas lift equipment, wireline winches went up 4 percent in intraday trade after the company received an order from ONGC for Large OD casing pipe.  Price Action  With a market capitalization of Rs.562.40 Crores, the shares of United [...]

JSW Group stock with capex plans of ₹30,000 Cr for capacity expansion

Check out this JSW Group stock engaged in the business of developing, operating, and maintaining port and other infrastructures, which has guidance regarding future plans for growth that involves capex plans of Rs. 30,000 Crores and many more.  Price Action  With a market capitalization of Rs. 66,328 Crores, the shares of JSW Infrastructure Limited were [...]

Stocks to Buy: 5 Stocks to buy now for an upside of up to 80%; Are you holding any?

Indian benchmark indices ended lower on December 18 with Nifty around 24,198.85. At close, the Sensex was down 502.25 points or 0.62 percent at 80,182.20, and the Nifty was down 137.15 points or 0.56 percent at 24,198.85.  Here are the five stocks with upside potential of up to 79%;  Solar Industries  Solar Industries India Limited [...]

4 Fundamentally strong stocks trading at a discount of up to 35%; Are you holding any?

After the recent correction in the Indian stock market, identifying fundamentally strong stocks that are trading at a discount presents an enticing opportunity for savvy investors. These established companies often boast solid financial health, consistent revenue growth, and robust management teams, yet may be undervalued due to market fluctuations or temporary setbacks.  As a smart [...]

Stocks trading above 200 daily moving average to keep in your radar

The 200-day moving average (200 DMA) is a key technical indicator in stock analysis, often viewed as a critical support or resistance level. It represents the average closing price of a stock over the last 200 trading days, smoothing out short-term volatility and reflecting the stock’s long-term trend. When prices approach the 200 DMA during [...]

Value Buy: Is Reliance Industries a golden opportunity to invest right now?

Reliance Industries Limited (RIL), founded by Dhirubhai Ambani in 1966, is one of India's largest conglomerates, with a diverse portfolio spanning petrochemicals, refining, oil & gas exploration, retail, telecommunications, and digital services. Headquartered in Mumbai, RIL is a key player in India’s economy and has a significant global presence. Its subsidiaries, including Jio Platforms and [...]

Will cancer drug manufacturing companies get affected after Russia announces free cancer medicines?

Cancer drug pharmaceutical companies play a crucial role in developing innovative therapies to combat the rising incidence of cancer globally. As India faces a significant increase in cancer cases, experts predict it may become the "cancer capital of the world." Factors such as lifestyle changes, environmental pollution, and genetic predisposition contribute to this alarming trend.  [...]

Solar stocks to watch out for after India targets 1 Cr solar installations by FY26

Addressing at CII International Energy Conference & Exhibition 2024, Union New & Renewable Energy Minister Pralhad Joshi said that the government is transforming the entire energy sector as this transformation is driven by a strong belief that a Viksit Bharat by 2047, is closely linked to sustainable and green growth, and the roadmap for this [...]

Market leading stocks trading at a discount of 30%; Do you own it?

In Friday’s trading session, the shares of one of the leading Auto ancillary stocks specialized  manufacturing of automotive air conditioning and thermal management solutions, are in focus after trading at a discount of more than 30 percent from 52 week high. Price action With a market capitalization of 4,175.41 Crores on Friday, the shares of [...]

3 Transformer stock with PE less than industry average to keep in your radar

In the dynamic landscape of the transformer industry, identifying stocks with a price-to-earnings (P/E) ratio below the industry average can present valuable investment opportunities. These stocks often indicate undervaluation relative to their peers, potentially offering higher returns as market conditions improve. Investors typically seek such stocks to capitalize on growth while mitigating risk. Analyzing transformer [...]

Mini Ratna stock in focus after company to invest ₹5,500 Cr in renewable energy sector in Bihar

In Friday’s trading session, the shares of one of the Mini-Ratna stocks specialized in the generation of hydroelectric power, in focus following plans to invest Rs.  5,500 crores in the renewable energy sector in Bihar. Price action With a market capitalization of 84,840 Crores on Friday, the shares of National Hydroelectric Power Corporation (NHPC) Ltd [...]

Chemical stock jumps after Pioneer Jellice India made an open offer to buy shares worth ₹75 Cr

The gelatin industry in India has seen significant growth, driven by increasing demand in sectors like pharmaceuticals, food processing, and cosmetics. Gelatin, derived from animal collagen, is primarily used in capsules, gummy candies, and as a stabilizer in various food products.  The growing health-conscious population and rising consumption of packaged food and nutraceuticals are expected [...]

Stock jumps 10% after receiving order worth ₹33 Cr from Gujarat Energy Transmission Corp.

The shares of this electrical equipment manufacturer gained up to 10 percent after the company received a prestigious work order from M/s. Gujarat Energy Transmission Corporation Limited, Vadodara for Rs 32.89 crore.  With a market capitalization of Rs 180.97 crore, the shares of Jyoti Ltd were trading at Rs 105.65 per share, increasing around 9 [...]

Chemicals stock jumps 6% after company to demerge its agricultural solutions business

In Friday’s trading session, the shares of one of the leading chemicals stocks specialized in a diverse range of industries, jumps upto 6 percent following the approval for the  demerger of its Agricultural Solutions business into a separate listed entity. Price action With a market capitalization of Rs 24,615.89 Crores on Friday, the shares of [...]

EV stock jumps 4% after its subsidiary signed MoU with Hyundai Motor and Kia for EV batteries

The shares of the leading battery manufacturer gained up to 4 percent after the company’s subsidiary signed a memorandum of understanding to supply battery cells for EVs.  With a market capitalization of Rs 37,451.00 crore, the shares of Exide Industries Ltd were trading at Rs 440.60 per share, increasing around 0.15 per share as compared [...]

Will Indian IT stocks rally after Accenture results beat market estimates?

The Indian IT sector has experienced remarkable growth, becoming a global leader in providing technology solutions and services. With advancements in cloud computing, AI, machine learning, and cybersecurity, the sector has expanded its reach across industries, including finance, healthcare, retail, and manufacturing. The rise of digital transformation has created vast opportunities for both large and [...]

IT stock jumps after company’s board sets record date for 1:1 bonus share

In India, Business Process Management (BPM) companies such as Tata Consultancy Services (TCS), Wipro, Cognizant, and Genpact are key players. These companies have been instrumental in driving outsourcing and automation solutions, offering services across various industries. With India's large talent pool, the BPM sector has seen substantial growth, particularly in IT services, customer support, and [...]

Oil stock jumps 3% after receiving order worth ₹65 Cr from Selan Exploration Technology

In Friday’s trading session, the shares of one of the leading service provider stocks specialized in providing integrated services in the oil and gas sector jumps up to 3 percent upon receiving a new work order for Rs.62 Crores from Selan Exploration Technology Limited. Price action With a market capitalization of 3,854.08 Crores on Friday, [...]

Telecom stock with capex plan of ₹55,000 Cr for business expansion

India's telecom sector is the second largest globally, boasting over 1.19 billion subscribers as of September 2024. With a staggering teledensity of 85.69%, it supports a robust digital economy and contributes approximately ₹3.36 trillion (US$40 billion) in revenue for the fiscal year 2024.  With a market capitalization of Rs 53,599.16 crore, the shares of Vodafone [...]

PSU stocks that will turn ex-bonus and split in December; Do you own any?

Corporate action is when a publicly listed corporation makes substantial changes that affect its shareholders and financial structure. Actions that impact a company's securities include dividends, stock splits, mergers, acquisitions, rights issues, and other related events. Shareholders may experience changes in ownership, stock value, or entitlements following corporate activities.  Here are the PSU stocks that [...]

Stock jumps 10% after receiving international orders worth ₹98 Cr for Evaporator

The shares of industrial products manufacturers gained up to 10 percent after the company bagged prestigious purchase orders from the International Entity for Rs 98 crore.  With a market capitalization of Rs 596.83 crore, the shares of Mazda Ltd closed at Rs 1,490.20 per share, increased around 6.23 percent as compared to the previous closing [...]

Stock jumps 4% after receiving buy call for an upside of 30%; Are you holding it?

The space, defense, nuclear, and clean energy sectors in India show strong growth potential. The space industry, led by ISRO and private firms like Skyroot Aerospace, is expanding with satellite launches, space tourism, and interplanetary missions.  India’s defense sector, with companies like HAL, Bharat Dynamics, and L&T, is set for growth as defense modernization and [...]

Stock jumps 3% after company sets record date for 2:5 bonus issue

In Thursday’s trading session, the shares of one of the leading furniture and architectural works provider specialised in manufacturing and supplying of high-quality architectural hardware, building materials, and home improvement products jumps upto 3 percent following the announcement of record date for Bonus issue of 2:5. Price action With a market capitalization of 1,016.64 Crores [...]

Fundamentally strong stocks trading at discount of up to 30% to keep in your radar

Fundamentally strong stocks refers to shares of companies that are considered financially healthy and well-positioned for long-term growth. These stocks typically have strong financial performance, solid earnings, low debt, a competitive market position and good management. Investors often view these stocks as stable and less risky, as the companies behind them show consistent revenue growth, [...]

Is Swiggy still worth investing In after 35% rise in share price since IPO?

The food delivery and quick grocery business in India has seen tremendous growth in recent years, driven by changing consumer habits, urbanization, and a growing preference for convenience. Companies like Swiggy and Zomato dominate the food delivery landscape, offering a vast range of cuisines from local restaurants and chains, with fast delivery times and user-friendly [...]

Stock jumps after receiving orders worth ₹12 Cr from ONGC and others

In Thursday’s trading session, the shares of one of the leading Hospitality stocks specialised in providing integrated facility management solutions in focus upon receiving two new work orders from ONGC and others worth ~Rs. 12 crores. Price action With a market capitalization of 204.61 Crores on Thursday, the shares of KHFM Hospitality and Facility Management [...]

Infra stock to buy now for an upside of 30%; Are you holding it?

India's real estate sector is witnessing unprecedented growth, fueled by rapid urbanization, economic development, and increased foreign investment. The market is projected to reach $1 trillion by 2030, driven by demand for residential, commercial, and industrial spaces. Government initiatives like Smart Cities Mission and PMAY (Pradhan Mantri Awas Yojana) have further bolstered the sector.  A [...]

Pharma stock jumps 5% despite promoter offloaded stake worth ₹600 Cr in the company

The shares of the leading pharmaceutical company gained 5 percent despite the promoter of the company offload 40 lakh equity shares in the company.  With a market capitalization of Rs 40,382.23 crore, the shares of Ipca Laboratories Ltd were trading at Rs 1,589 per share, increasing around 5 percent as compared to the previous closing [...]

Penny stock hits 5% upper circuit upon receiving order worth ₹8.72 Cr from BEML

Penny stock engaged in manufacturing Metro Rail Rolling Stock Products, Railway Signaling Products, Infrastructure Products, and many more related to it, hit a 5 percent upper circuit in the day’s trade upon receiving a new work order worth Rs. 8.72 Crores from BEML Limited.  Price Action  With a market capitalization of Rs. 78.15 Crores, the [...]

Solar stock under ₹250 in focus after receiving order from Bhavnagar Municipal Corp.

Solar stock specializing in EPC works of residential solar rooftop systems, industrial solar power plants, ground-mounted solar power plants, and many more in focus upon receiving a new work order worth Rs. 1.38 Crores from Bhavnagar Municipal Corporation.  Price Action  With a market capitalization of Rs. 220 Crores, the shares of Trom Industries Limited were [...]

Midcap stock jumps after Nomura India bought stake worth ₹324 Cr in the company

The shares of leading players in the retail industry gained up to 2.4 percent after foreign institution investors, Nomura India Investment Fund Mother Fund acquired 3 crore equity shares in the company.  With a market capitalization of Rs 49,483.20 crore, the shares of Vishal Mega Mart Ltd were trading at Rs 109.57 per share, decreasing [...]

Ashish Kacholia stock in focus after signing agreement with Narayana Hrudayalaya; Announces ₹750 Cr fundraise

In Thursday’s trading session, the shares of one of the leading IT stocks specialised in providing automated solutions for business expense management in focus following the  customer service agreement with Narayana Hrudayalaya Limited. Price action With a market capitalization of 6,895.39 Crores on Thursday, the shares of Zaggle Prepaid Ocean Services Ltd declined by 5 [...]

EV stock falls 3% after promoter sold stake in the company

India, often termed the two-wheeler capital of the world, offers immense growth potential in the electric vehicle (EV) mobility sector, especially for two-wheelers. With rising fuel costs, government incentives, and increasing environmental awareness, the transition to electric two-wheelers is gaining momentum. Affordable pricing, low maintenance costs, and advancements in battery technology make EV two-wheelers attractive [...]

Tobacco stock jumped after promoter likely increased 7% stake in the company

The gutka market in India, once a significant segment of the FMCG sector, has declined due to regulatory restrictions and rising health awareness. However, demand persists in unregulated markets, highlighting potential for niche product innovation.  In contrast, India’s real estate market is booming, driven by urbanization, government initiatives like PMAY, and demand for affordable and [...]

Steel stock jumps 3% after acquiring 80% stake in Thriveni Earthmovers

The shares of the leading manufacturer of steel gained up to 3 percent from a day low after the company announced the acquisition of a 79.82 percent stake in the Mining Development and Operation (MDO) business of Thriveni Earthmovers Private Limited.  With a market capitalization of Rs 60,978.14 crore, the shares of Lloyds Metals & [...]

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 [...]

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 [...]

Realty stock jumps 3% after acquiring 70 acre land in Maharashtra for ₹104 Cr

In Wednesday’s trading session, the shares of one of the leading realty stock having presence in  real estate, and pulp & paper  jumped upto 3 percent following the acquisition of 70.92 acre land parcel in Boisar, Maharashtra for Rs. 104.3 Crores. Price action With a market capitalization of 30,367 Crores on Wednesday, the shares of [...]

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 [...]

Smallcap stock jumps 6.6% after huge block deal

India’s fashion retail segment is experiencing significant growth, driven by increasing disposable income, a young population, and the rising influence of digital platforms. The market is expected to continue expanding as consumers embrace both offline and online shopping experiences. Leading players like Aditya Birla Fashion and Retail Limited (ABFRL), Nykaa, and Shoppers Stop are capitalizing [...]

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 [...]

PSU stock jumps after receiving order worth ₹122 Cr from Meerut Development Authority

In Wednesday’s trading session, the shares of one of the leading PSU stock specialised in offering engineering consultancy and project management services jumped upto 2 percent after receiving a new work order for providing consultancy services to Meerut Development Authority. Price action With a market capitalization of 14,420 Crores on Wednesday, the shares of Rites [...]

Solar Stock jumps 3% after announcing expansion plans in renewable energy sector

Solar stock engaged in providing engineering, procurement, and construction (EPC) services for residential, agricultural, and commercial applications jumped upto 3 percent in the day’s trade following strategic investments and expansion plans towards growth in the solar sector.  Price Action  With a market capitalization of Rs. 1,046 Crores, the shares of Australian Premium Solar(India) Limited were [...]

Logistic stock jumps after receiving approval to expand its operation for Adani Group

The shares of the logistic solution provider gained up to 2 percent after the company received approval to expand its operation for Adani Cement.  With a market capitalization of Rs 215.69 crore, the shares of Kaushalya Logistics Limited were trading at Rs 116.40 per share, increasing around 2.11 percent as compared to the previous closing [...]

Nuclear stock in focus after allocating shares worth ₹25 Cr through preferential basis

Nuclear energy stock engaged in designing and manufacturing high-precision & heavy-duty mechanical seals widely employed in various nuclear & thermal projects in focus following successful fundraising to expand into the areas of advanced mechanical seals for defence and nuclear applications. Price action  With a market capitalization of Rs. 507.71 Crores, the shares of Sealmatic India [...]

5 Stocks to benefit from Andhra Govt electric policy for 100% public buses electrification

Andhra Pradesh has launched the Sustainable Electric Mobility Policy (2024-29) to position itself as a hub for electric vehicle (EV) manufacturing. This five-year initiative aims to attract private investments, improve urban mobility, and reduce transportation emissions.  This policy encourages the establishment of EV manufacturing units and charging infrastructure while offering financial incentives such as investment [...]

Stock under ₹50 jumps 19% after signing licensing and lease agreement with Tata Group

Realty stock under Rs. 50 specializing in the construction and development of commercial and residential properties jumped upto 19 percent in the day’s trade upon signing the Licensing and Lease Agreement with Tata Group stock.  Price Action  With a market capitalization of Rs. 857 Crores, the shares of Hampton Sky Realty Limited were trading at [...]

Nissan and Honda in Merger talks; Will this affect the Indian Auto sector?

Japanese carmakers dominate the global automotive market with their innovation, reliability, and efficiency. Leading brands like Toyota, Honda, Nissan, Suzuki, Mazda, Subaru, and Mitsubishi have established a strong presence worldwide, renowned for producing high-quality, fuel-efficient, and durable vehicles.  Toyota, the largest automaker globally, pioneered hybrid technology with its iconic Prius and leads in sustainability efforts. [...]

Smallcap stock hits upper circuit after receiving order from Govt. of West Bengal  

The shares of retail chain operators hit 2 percent upper circuit after the company bagged a prestigious work order from the Government of West Bengal worth Rs 20 lakhs.  With a market capitalization of Rs 600.95 crore, the shares of Mehai Technology Ltd were trading at Rs 243.20 per share, increasing around 2 percent as [...]

Midcap stock to buy now for an upside of 45%; Do you own it?

According to ICRA, The life insurance sector in India is experiencing robust growth, with the New Business Premium (NBP) projected to reach ₹4.06-4.14 trillion in FY2024, up from ₹3.71 trillion in FY2023, reflecting a growth rate of 9-12% 1. Private insurers are leading this surge, demonstrating resilience amidst regulatory changes and increasing market share.  With [...]

Infra stock jumps 10% after receiving supply order from Powerica for oil storage tanks

In Tuesday’s trading session, the shares of one of the leading Infrastructure stock specialised in providing mechanical solutions and electrical services jumped upto 10 percent after receiving work order from Powerica Limited. Price action With a market capitalization of 293.14 Crores on Tuesday, the shares of Lakshya Powertech Ltd jumps upto 10 percent after making [...]

Stock jumps 5% after receiving order worth ₹200 Cr from Assam Gas Company

Smallcap stock engaged in the business of providing wide range of services to the energy and minerals sector jumped upto 5 percent in the day’s trade upon receiving a new work order worth Rs. 200 Crores to supply Compressor Station.  Price Action  With a market capitalization of Rs. 1,737 Crores, the shares of Asian Energy [...]

4 Fundamentally strong stocks with RSI below 30 to keep on your radar

When the Relative Strength Index (RSI) drops below 30, it signals that a stock is in the oversold zone, suggesting that it may have been excessively sold off and could be undervalued. This presents a potential investment opportunity, particularly for fundamentally strong stocks, as market overreactions often create attractive entry points.  For market leaders with [...]

Penny stock hits 5% upper circuit after FII bought stake in the company

India's real estate and EPC (Engineering, Procurement, and Construction) segments are experiencing robust growth, driven by rapid urbanization, rising disposable incomes, and government initiatives. The real estate sector contributes around 7% to India’s GDP, with expectations to reach $1 trillion by 2030. Demand for affordable housing, commercial spaces, and luxury projects is on the rise, [...]

Smallcap stock jumps 8% after receiving project worth ₹56 crore from DLRS, West Bengal

The shares of the advanced mapping solution provider gained up to 8 percent after the company bagged a significant project worth Rs. 56 crore from the Directorate of Land Records and Surveys (DLRS), West Bengal  With a market capitalization of Rs 3,901.34 crore, the shares of Genesys International Corporation Ltd were trading at Rs 982.20 [...]

Stock jumps 4% after signing MoU with Dr. Bhanuben Nanavati Hospital

The hospital sector in India is poised for significant growth, driven by rising healthcare demand, improving infrastructure, and government initiatives like Ayushman Bharat. The sector is expanding due to factors such as increasing health awareness, an aging population, and the rise of lifestyle diseases. India's private healthcare market is expected to grow at a compound [...]

Drone stock jumps after it partners with M&M for drone spraying services

Drones can play a transformative role in farming and agriculture by offering precision tools for monitoring crop health, optimizing irrigation, and reducing the use of pesticides and fertilizers. With the ability to cover vast areas quickly, drones provide farmers with real-time data, enabling better decision-making and improved crop management. This enhances efficiency, saves costs, and [...]

Nuclear energy stock in focus after company’s board announces ₹1,000 Cr fundraise via QIP 

Nuclear Energy stock involved in the engineering and construction of infrastructure projects such as dams, tunnels, bridges, hydro, nuclear, and thermal power plants in focus following launch of Rs. 1,000 Crores QIP.  Price Action  With a market capitalization of Rs. 7,608 Crores, the shares of Hindustan Construction Co. Limited were trading at Rs. 45.29 per [...]

Stock jumped 5% after securing order worth ₹105 Cr from Prestige Estates Projects

The shares of the tiles manufacturer gained up to 5 percent from intraday high after the company secured a significant order from Prestige Estates Projects Limited worth Rs 105 crore.  With a market capitalization of Rs 1,026.51 crore, the shares of Nitco Ltd were trading at Rs 142.85 per share, increasing around 2 percent as [...]

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