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Trending News

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 [...]

EV stocks to to look out for after companies announce sales update for March 2025

India's electric vehicle (EV) market is growing rapidly, driven by government incentives, environmental concerns, and new technology. In FY24, passenger vehicles led the way, making up 57 percent of total EV sales. Electric two-wheelers (E2W) followed with 38 percent, while three-wheelers (E3W) accounted for 5 percent. This shows that EV adoption varies across different vehicle [...]

Why did Indus Towers’ share price jump by up to 8% today?

The shares of a telecommunications services company specializing in providing passive infrastructure services to telecom operators are in focus following the government support on Vodafone Idea as it converted part of Vi’s Rs. 37,000 crore spectrum dues into equity by increasing its stake in the company from 22.6 percent to 48.99 percent. Price Action  With [...]

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News Alert

NEWSALERT

Direct tax collection of Rs 14.10 lakh cr in 2021-22 is Rs 3.02 lakh cr more than budget estimate: Revenue Secretary. PTI JD ANZ ABM ABM

NEWSALERT

Direct tax collection in FY22 grew 49 pc, indirect tax collection 30 pc: Revenue Secretary. PTI JD ANZ ABM ABM

NEWSALERT

RBI says it is not hostage to any rule book, will use all available tools to defend Indian economy. PTI KPM DP NKD CS ANZ BAL

IPO Alert

Equitas SFB, Equitas Holdings okay scheme of amalgamation

New Delhi, Mar 21 (PTI) The boards of Equitas Holdings and its subsidiary Equitas Small Finance Bank (ESFBL) have approved their merger plan, according to regulatory filings. The boards of directors of the two companies at their respective meetings approved the scheme of amalgamation between Equitas Holdings Ltd (transferor company) and Equitas Small Finance Bank [...]

EPFO interest rate better than other schemes, reflects today’s realities: FM in RS

New Delhi, Mar 21 (PTI) Finance Minister Nirmala Sitharaman on Monday defended a proposal to cut interest rate paid on employees' provident fund deposits to over four-decade low of 8.1 per cent, saying the rate is dictated by today's realities where interest rate on other small saving instruments was even lower. Replying to a debate [...]

Corrtech International files draft papers with Sebi to raise funds via IPO

New Delhi, Mar 17 (PTI) Corrtech International, a pipeline laying solutions provider, has filed preliminary papers with capital markets regulator Sebi to raise funds through an initial public offering (IPO). The public issue comprises fresh issuance of equity shares worth Rs 350 crore and an offer for sale of 40 lakh shares by promoters, draft [...]

Chhavi Aggarwal Co-Director of Ipower Batteries Pvt Ltd bags Inspirational Leader of the Year award organized by EMobility+

Delhi, 16th March 2022: Pioneers and leading manufacturers of EV batteries in the country, Ipower Batteries Pvt Ltd’s Co-Director Ms. Chhavi Aggarwal bagged the ‘Inspirational Leader of the year’ award under the Women in Automotive Leadership Award 2022 organised by EMobility+. The company has been working around manufacturing innovative battery products as solution for EV. [...]

DPIIT notifies 20% FDI in LIC under automatic route

New Delhi, Mar 14 (PTI) The Department for Promotion of Industry and Internal Trade (DPIIT) on Monday notified a government decision to allow up to 20 per cent foreign direct investment (FDI) in IPO-bound LIC with an aim to facilitate disinvestment of the country's largest insurer. The Union Cabinet had last month approved the decision [...]

DPIIT notifies 20 pc FDI in LIC under automatic route

New Delhi, Mar 14 (PTI) The Department for Promotion of Industry and Internal Trade (DPIIT) on Monday notified a government decision to allow 20 per cent foreign direct investment (FDI) in IPO-bound LIC. The Union Cabinet had last month approved the decision to facilitate disinvestment of the country's largest insurer. PTI RR ABM ABM

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

Recycling stock jumps 10% after receiving purchase order from Dubai based company

During Tuesday’s trading session, the shares of this micro-cap recycling company surged 10.6 percent to hit a new 52-week high at Rs. 153.8 on BSE, after the company received an order worth $590000 (approximately Rs. 5 crores) from Al Qaryan International, Dubai.  With a market cap of Rs. 282.7 crores, the shares of Siyaram Recycling [...]

Smallcap stock jumps 8% after company forays into chemical business

The Shares of this small-cap company, which manufactures, building blocks and AAC bricks surged nearly 8 percent in the day’s trade on plans to manufacture construction chemicals.  Share price variations:  With a market capitalization of Rs. 2,021.84 crores, BigBloc Construction Ltd. rose to an intraday high of Rs. 145.85 representing a 7.93 percent increase from [...]

Financially strong stock to buy now for an upside of 45%; Are you holding it?

The Auto Components & Equipment industry in India is a vital sector contributing 2.3% to the nation's GDP and employing over 1.5 million people. In FY 2022-23, the industry achieved a record turnover of ₹5.6 lakh crore (approximately $69.7 billion), reflecting a growth of 33%. Projections indicate it could reach $200 billion by 2026.  With [...]

Stock jumps after announcing JV for manufacturing semiconductor substrates PCBs

During Tuesday’s trading session, the shares of this leading room air conditioner manufacturer surged 1.4 percent to Rs. 5,217.2 on BSE, after the company announced a joint venture (JV) with Korea Circuit for manufacturing Printed Circuit Boards (PCBs) in India.  With a market cap of Rs. 17,512.8 crores, the shares of Amber Enterprises India Limited [...]

Microcap stock jumps after it partners with Saudi based company for expansion

Monopoly stock engaged in manufacturing mechanical seals and spares jumped nearly 3 percent after partnering with Saudi Thalate General Manufacturing Industrial Co Ltd (STG), for the company's expansion in Saudi Arabia.  Market Movement Shares of Sealmatic India Limited soared 2.5 percent during Monday’s trading session, reaching an intra-day high of Rs.595.00 per share from the [...]

Defence stock jumps 5% after receiving arms license for manufacturing defence equipments

Defence stock engaged in designing, developing, manufacturing, and testing a variety of defence and space engineering products jumped upto 5 percent in the day’s trade upon receiving a Licence under the Arms Act, for indigenous production, and upgradation of Defence weapon and guard systems.  Price Action  With a market capitalization of Rs. 4,354 Crores, the [...]

Smallcap stock jumps after company to acquire 100% stake in solar energy firm

Shares of this flagship company of RP-Sanjiv Goenka Group in the business of electricity generation and distribution rose nearly 2 percent after an agreement to acquire a 100 percent stake in Deshraj Solar Energy Pvt. Ltd., a renewable energy company, through its subsidiary.  Share price variations:  With a market capitalization of Rs. 25,199.09 crores, CESC [...]

Power stock jumps 6% after receiving order worth ₹142 Cr for gas engine generators

The Shares of this small-cap company, which manufactures AC generators and electric motors, surged over 6 percent after securing two orders totaling Rs. 142 crore for gas engine generators.  Share price variations:  With a market capitalization of Rs. 6,382.44 crores, TD Power Systems Ltd. rose to an intraday high of Rs. 409.80 representing a 6.19 [...]

Textile stock hits 20% upper circuit after signing agreement with PUMA 

During Tuesday’s trading session, the shares of a company in the business of manufacturing and trading readymade garments hit a 20 percent upper circuit at Rs. 129.97 on BSE, after the company announced signing an agreement with Puma Sports Private Limited.  With a market cap of Rs. 190 crores, at 01:57 p.m., the shares of [...]

Microcap stock hits upper circuit after announcing ₹18 Cr capex plans for expansion

Shares of this micro-cap stock, engaged in manufacturing packaging materials, hit the upper price band on Tuesday following the announcement of capacity expansion plans involving an investment of Rs.18 crore.  Price Movement  In Tuesday's trading session, Shree Rama Multi-Tech Ltd's share price hit the 2 percent upper circuit at Rs.27.38 per share, rising from its [...]

Infra stock jumps 6% after receiving order worth ₹39 Cr from NALCO 

During Tuesday’s trading session, the shares of a company engaged in the business of EPC services surged nearly 6.5 percent to Rs. 184.9 on BSE, after the company received an order worth Rs. 39.63 crores from National Aluminium Company Limited (NALCO).  With a market cap of Rs. 271.8 crores, at 11:41 a.m., the shares of [...]

Water management stock jumps 4% after receiving ₹1,000 Cr order from Indosol Solar

The shares of the water treatment solution provider gained up to 4 percent after the company received a mega order from Indosol Solar Private Limited worth Rs 1,000 crore.  The shares of VA Tech Wabag Ltd were trading at Rs 1,690.75 per share, increasing around 1.22 percent as compared to the previous closing price of [...]

Stock under ₹200 Jumps 4% after Ashish Kacholia bought fresh stake in the company

The shares of this microcap company jumped around 4 percent on Monday after the board announced a preferential issue of equity shares to certain allottees, including prominent investor Ashish Rameshchandra Kacholia.  Price Movement  With a market capitalization of Rs.240 crores, the shares of Shree OSFM E-Mobility Ltd started Tuesday’s trading session on a flatter note [...]

NBFC stock jumps 3% after company to acquire 79% stake in ISARC for ₹262 Cr 

During Tuesday’s trading session, the shares of a registered NBFC with core business operations focused on investing and lending surged 3.6 percent at Rs. 1,845 on BSE, after entering into an agreement to buy 79.28 percent of an asset reconstruction company for nearly Rs. 262 crores.  With a market cap of Rs. 31,317.7 crores, at [...]

Small cap stock jumps 4% after company forms JV with Marvels’ International Group

Small cap stock which is a manufacturer of Specialized refractories and requisite operating systems for the Iron and Steel Industry jumped upto 4 percent in the day’s trade following the formation of a new Joint Venture to setup a factory for manufacturing various types of magnesite bricks used in industrial applications.  Price Action  With a [...]

EV stock jumps 5% after its market share increases by 7%

Shares of this leading electric vehicle (EV) company are drawing investor interest after a substantial market share gain and plans for further expansion during the festive season. Amidst regulatory scrutiny, the company has managed to increase its market share, showcasing its resilience to growth.  Price Movement  In Tuesday’s trading session, the share price of Ola [...]

Infra stock jumps 3% after receiving ₹297 Cr order from Pune Municipal Corporation

The shares of the infrastructure developer gained up to 3 percent after the company received a prestigious work order from Pune Municipal Corporation for Rs 297.83 crore.  With a market capitalization of Rs 5,637.08 crore, the shares of J. Kumar Infraprojects Limited were trading at Rs 745.00 per share, increasing around 1 percent as compared [...]

How is Olectra Greentech unique in the EV business compared to its competitors?

The shares of a company primarily engaged in the manufacturing of electrical buses and composite polymer insulators surged by around 2.3 percent on BSE to Rs. 1,786.65 during the trading session of Tuesday.  Stock Performance:  With a market capitalization of Rs. 14,269 crores, the shares of Olectra Greentech Limited opened in the red at Rs. [...]

Smallcap stock jumps 9% after reporting 44% YoY increase in net profits

The shares of the leading broking house gained up to 9 percent after the company's net profit and revenue magnified by 39 percent and 44 percent, respectively in Q2FY25.  With a market capitalization of Rs 26,606.71 crore, the shares of Angel One Ltd were trading at Rs 2951.35 per share, increasing around 8.44 percent as [...]

Tata group stock jumps 3% after reporting 414% QoQ increase in net profits

Tata Group stock, an associate company of The Indian Hotels Company Limited, rose by over 3 percent on BSE after reporting a 414 percent YoY increase in net profit for Q2 FY25.  Share price variations:  With a market capitalization of Rs. 3,191.57 crores, Oriental Hotels Ltd. rose to an intraday high of Rs. 184.35 representing [...]

Adani group stocks in which promoter holding increased in Q2

Promoters increasing their stake in a company is often viewed as a positive indicator of confidence in the company's future performance. This trend can reflect the promoters' belief in the long-term growth potential and stability of the company.  Following are two Adani Group stocks in which Promoter have increased stake by over 3 percent in [...]

Stock hits 5% upper circuit after reporting 42% YoY increase in net profits

During Monday’s trading session, the shares of a company operating in the B2B Human Cloud segment in India hit a 5 percent upper circuit at Rs. 317.65 on NSE, after the company announced H1 FY25 financial results with a rise in net profit by 42 percent YoY.  With a market cap of Rs. 307.8 crores, [...]

Stock jumps 8% after it receives approval to incorporates subsidiary in Saudi Arabia

Shares of this small-cap company primarily engaged in providing medium to heavy duty cranes on rental surged 8 percent after receiving board approval for establishing a wholly-owned subsidiary in Saudi Arabia. Price Movement  In Monday's trading session, share price of Sanghvi Movers Ltd reached an intraday high of Rs.414 per share, up 8.3 percent from [...]

Smallcap stock jumps after announcing 1:1 bonus issue

Shares of India’s second-largest online travel agency which offers a comprehensive range of travel-related products and services for end-to-end travel solutions rose by nearly 1.5% after the board approved a 1:1 bonus issue.  Share price variations:  With a market capitalization of Rs. 5,987.73 crores, the shares of Easy Trip Planners Ltd. rose to an intraday [...]

Smallcap stock jumps 5% after securing ₹57.22 Cr contract from Mumbai Metro Rail Corporation

Shares of this engineering and contract construction, company rose almost 5 percent after it secured a contract of Rs. 57.22 Crores from Mumbai Metro Rail Corporation Limited for the construction of a Commercial Building at Kalbadevi.  Share price variations:  With a market capitalization of Rs. 1,443.53 crores, Vascon Engineers Ltd. rose to an intraday high [...]

Infra stock jumps 6% after receiving work order worth ₹1,032 Cr from MSRDC

Nuclear Energy stock involved in the engineering and construction of infrastructure projects such as dams, tunnels, bridges, hydro, nuclear, and thermal power plants jumped upto 6 percent in the day’s trade upon receiving a new work order worth ~Rs. 1,032 Crores.  Price Action  With a market capitalization of Rs. 7,434 Crores, the shares of Hindustan [...]

2 Ambani stocks fall 3% after their losses widens in Q2

The Ambani Group's stocks have seen a notable decline in share prices following the release of their Q2 FY25 financial results. The companies reported increasing losses, leading to heightened concerns among investors.  Here are three Ambani Group stocks that experienced a drop in their share prices after the Q2 FY25 results were announced:  Network18 Media [...]

2 Stocks jump up to 3% after bagging orders from Maharashtra Govt

At 1.57 AM, the Sensex was up 608.48 points or 0.75 percent at 82,010.00, and the Nifty 50 added 169.00 points to reach 25,133.40.  Here are the stocks that bagged an order from Maharashtra Govt:-  Valor Estate Ltd  Valor Estate Limited primarily focuses on real estate building, development, and associated businesses. The company specializes in [...]

Solar stock jumps 10% after receiving orders worth ₹765 Cr for solar cell modules 

Shares of this newly listed company, which manufactures integrated Solar cells and modules, jumped approximately 10 percent to Rs.1,216.80 per share following the announcement of multiple orders for the supply of Solar PV cells and modules, totaling Rs.765 crores.  Price Movement  In Monday's trading session, Premier Energies Ltd share price hit an intraday high of [...]

Solar stock jumps 5% after receiving ₹186 Cr order for rooftop solar project in Dubai

Solar stock engaged in offering engineering, procurement, and construction (EPC) services for the development of solar power plants, energy storage solutions, and many more jumped upto 4 percent upon receiving solar project worth Rs. 186 Crores from UAEs clean energy development company.  Price Action  With a market capitalization of Rs. 3,186 Crores, the shares of [...]

Power stock jumps after signing agreement with NTPC for solar project

The shares of the leading power generation company gained up to 2 percent after the company’s subsidiary inked a power purchase agreement for solar capacity.  With a market capitalization of Rs 1.23 lakh crore, the shares of JSW Energy Ltd were trading at Rs 705.50 per share, decreasing around 0.26 percent as compared to the [...]

Mukul Agrawal stock jumps 4% after acquiring 100% stake in US based company for $11.7 Mil

Shares of the world’s largest bed linen company increased by 4 percent following the acquisition of a 100 percent stake in Modern Home Textiles, Inc. for USD 11.7 million.  Share price variations:  With a market capitalization of Rs. 7,244.83 crores, Indo Count Industries Ltd. rose to an intraday high of Rs. 376.95 representing a 4 [...]

Large cap stock to buy with an upside potential of 25%; Do you hold it ?

Civil construction in India is a pivotal sector, projected to reach $1.4 trillion by 2025. With over 5,800 civil engineering colleges and a workforce of approximately 50 million, it significantly contributes to the economy, accounting for 9% of GDP. Urbanization demands innovative infrastructure solutions to support a population expected to hit 1.64 billion by 2047.  [...]

RK Damani stock falls 10% after announcing weak result and downgrade by analysts

Damani Stock engaged in operating India’s largest supermarket chain, with focus on value-retailing, slumps upto 10 percent in the day’s trade following mixed Q2FY25 results and brokerage downgrades to underweight.  Price Action  With a market capitalization of Rs. 2,74,544 Crores, the shares of Avenue Supermarts Limited were trading at Rs. 4,219 per equity share, down [...]

Stock hits 5% upper circuit company inaugurates R&D facility for flying car

Shares of this micro-cap stock focused on transportation technology for aerial vehicles surged to a 5 percent upper circuit, reaching Rs.48.26 per share, after the company acquired its 1,80,000 sq. ft. R&D Center in Pune.  Price Movement  In Monday's trading session, Aerpace Industries Ltd's share price reached an intraday high of Rs.48.26 per share, hit [...]

Defence stock jumps after company receives Maharatna status

The shares of the leading defence company gained up to 2.2 percent after the company received approval for Maharatna Central Public Sector Enterprise (CPSE).  With a market capitalization of Rs 3.01 lakh crore, the shares of Hindustan Aeronautics Ltd were trading at Rs 4,510.00 per share, increasing around 1.42 percent as compared to the previous [...]

Bluechip stock jumps 3% after company’s board to consider bonus issue

During Monday’s trading session, the share price of a leading technology services and consulting company moved up by 3 percent to Rs. 545.35 on BSE, after the company’s Board scheduled a meeting to consider the proposal for the issue of bonus shares.  With a market cap of Rs. 2.82 lakh crores, at 10:37 a.m., the [...]

Stock under ₹20 jumps 10% after receiving ₹50 Mil order from Dubai based company

Shares of this small-cap stock engaged in manufacturing, trading and exports of Brass items surged around 10 percent to Rs.15.78 per share after securing an order from Dubai-based company to supply Brass billets to China for a total value of Rs.50 Million.  Price Movement  In Monday's trading session, Sprayking Ltd's share price reached an intra-day [...]

Cable stock in which Ashish Kacholia bought fresh stake in Q2

During Monday’s trading session, the shares of a company engaged in manufacturing PVC insulated wires and cables slumped nearly 2.3 percent to Rs. 383 on NSE.  With a market capitalisation of Rs. 872.7 crores, at 10:19 p.m., the shares of V-Marc India Limited were trading in the red at Rs. 383, down by 2.3 percent, [...]

Infra stock jumps 8% after receiving orders worth ₹2,310 Cr from Maharashtra Govt.

The shares of the leading highway developer gained up to 8 percent after the company received three letters of Acceptance from Maharashtra State Road Development Corporation Ltd worth Rs 2,310 crore.  The shares of Ashoka Buildcon Ltd were trading at Rs 264.10 per share, increasing around 5.44 percent as compared to the previous closing price [...]

Stock under ₹150 in the business of construction for defence and civil

With a market capitalization of Rs. 329.87 crores, the shares of this prominent construction company started Monday’s trading session on a higher note at Rs.136.45, locking a 1.43 % compared to its previous close of Rs. 135.56 apiece.  Financials:  Looking at RKEC Projects Ltd’s financial performance, the revenue decreased by 44 percent from Rs. 151.33 [...]

Stocks in Focus: Reliance, Bajaj Auto and 4 others announcing results next week

With the earnings season on the horizon, investors are keenly anticipating the announcement of Q2 results scheduled for next week. Analysts expect to gain valuable insights into the financial performance of these companies, with market reactions expected to hinge on revenue, profit margins, and future strategies. The results are poised to shape market sentiment and [...]

5 Stocks in which mutual funds increased their stake by 10% in Q2

Mutual funds are investment vehicles that pool money from multiple investors to purchase a diversified portfolio of stocks, bonds, or other securities, which helps reduce the overall risk of the investment and protect the investor's portfolio from the volatility of individual securities.  Listed below are some of the stocks in which Mutual Funds have increased [...]

Bank stocks that are aiming to reduce NPAs in FY25 to add to your watchlist

The banking sector is poised for a significant transformation as it aims to achieve record low non-performing assets (NPAs) by FY25. This improvement is attributed to robust provisioning measures and enhanced asset quality across various banks, setting a positive outlook for the financial landscape.  Non-Performing Assets (NPAs) are loans or advances that have not generated [...]

3 Steel stocks with low PE ratio to keep an eye on

As the world's second-largest producer of crude steel, India produced approximately 125.32 million tonnes in FY23 and is aiming to significantly expand this capacity to 300 million tonnes annually by 2030.  The market is anticipated to grow at a compound annual growth rate (CAGR) of 9.18 percent from 2024 to 2029, fueled by government initiatives [...]

Defence stock with orderbook worth ₹94,000 Cr to keep on your radar

Investing in defence shares offers financial growth due to its steady demand, government backing, and long-term contractual commitments. Listed below is a Defence stock which is the Indian government’s prime manufacturer of defence machinery in the Aeronautic segment, that you can add to your watchlist/ portfolio  Price Action  With a market capitalization of Rs. 2,97,394 [...]

Pharma stocks that are reducing debt to keep in your radar

A good debt-to-equity ratio suggests a relatively lower level of financial risk and is often considered a favorable financial position and a debt-to-equity ratio less than 1 indicates that a company relies more on equity financing than debt.  Here are a few pharmaceutical companies known for having low debt-to-equity ratios and have been reducing their [...]

5 Stocks in which Goldman Sachs and Societe Generale bought fresh stake in Q2

Foreign Institutional Investors view India as a strong long-term growth story with immense potential in technology, consumption, and manufacturing. They are encouraged by its reforms, macroeconomic resilience, and demographic strengths.  Foreign Institutional Investors (FIIs) increasing their holding stake in certain companies indicate a positive outlook on the company's performance, management, and prospects, thereby leading to [...]

4 FMCG stocks with high RoE of 99% to look out for

Small-cap FMCG (Fast Moving Consumer Goods) stocks are shares of companies in the fast-moving consumer goods sector that often focus on essential products like food, beverages, and household items. These companies typically exhibit rapid sales growth and strong brand loyalty. Investing in small-cap FMCG stocks can be particularly attractive due to their potential for high [...]

3 Stocks that supply equipments for Vande Bharat Trains to add to your watchlist

The Vande Bharat Express, the country's first indigenous semi-high-speed train, is a significant step forward in Indian railway history. It was launched on February 15, 2019, and links locations within an 800-kilometer radius, drastically cutting travel time when compared to traditional services. The train is part of the "Make in India" campaign, which promotes India's [...]

₹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 [...]

Stock jumps 3% after company sets record date for 1:2 stock split

Shares of this largest manufacturer of starch and its derivatives products rose nearly 3% on Friday’s second half after the company board fixed the record date for the stock split in the ratio of 1:2.  Share price variations:  With a market capitalization of Rs. 898.27 crores, Sukhjit Starch & Chemicals Limited rose to an intraday [...]

Steel stock jumps 10% after company’s board to consider bonus issue

Shares of this small-cap company, involved in manufacturing quartz-based ramming mass and quartz powder, surged nearly 10 percent following its announcement of plans to approve the issuance of bonus shares in the upcoming board meeting.  Price Movement  In Friday's trading session, Raghav Productivity Enhancers Ltd's share price reached an intra-day high of Rs.1,219.90 per share, [...]

Smallcap jumps 5% after company’s net profit increases by 32% YoY

The shares of this small-cap wealth management company surged 5.5% in Friday’s trading after the company reported net profit growth of 32.3% in Q2FY25 results.  Stock Action:  Anand Rathi Wealth Ltd, holding a market cap of Rs. 16,807.94 Crores, saw its shares rise to Rs. 4,280 per share, up from its previous close of Rs. [...]

Realty stock jumps after company’s board approval to raise ₹6,000 Cr

The shares of a major real estate development company rose 1.4% after its board approved raising Rs. 6,000 Crore through QIP.  Share price variations:  With a market capitalization of Rs. 69,084.43 crores, Oberoi Reality Ltd made an intraday high of Rs. 1911.00 representing a 1.4% increase from its previous closing price of Rs. 1885.35 per [...]

Textile stock jumps 17% after signing agreement with Adidas 

Shares of this textile stock skyrocketed more than 17 percent on Friday, after it announced entering into a manufacturing agreement with Adidas India Marketing Private Limited as a T-1 supplier.  Price Movement  In Friday's trading session, Active Clothing Company Ltd's share price reached an intra-day high of Rs.113.00 per share, rising 17.4 percent from its [...]

Drone stock jumps 3% after Citi Group buys 1.54% stake in the company

The shares of the drone manufacturer gained up to 3 percent after Citigroup Global Markets Mauritius Private Limited, an FII bought 6,65,187 equity shares in the company.  With a market capitalization of Rs 2,979.32 crore, the shares of Ideaforge Technology Ltd were trading at Rs 692.40 per share, increasing around 2.36 percent as compared to [...]

Infra stock jumps 4% after receiving order worth ₹918 Cr from Maharashtra Govt.

Infra Stock engaged in the business of providing construction and infrastructure facilities for roads, railways, power, supporting services, and many more jumped 4 percent in the day’s trade upon receiving work order worth Rs. 918 Crores from Brihanmumbai Municipal Corporation under Mumbai Municipal Corporation.  Price Action  With a market capitalization of Rs. 6,984 Crores, the [...]

NBFC stock jumps 3% after it incorporates subsidiary for PM KUSUM EV and rooftop solar

Shares of this NBFC, which provides financial assistance for renewable energy and energy efficiency projects, rose 3 percent after receiving approval from the Department of Investment and Public Asset Management (DIPAM) and the Ministry of New and Renewable Energy to establish a wholly-owned subsidiary for its retail business in renewable energy.  Price Movement Shares of [...]

Solar stock hits 5% upper circuit after receiving projects worth ₹1132 Cr from Maha Gov

Stock engaged in providing EPC and O&M services to companies operating in telecom, solar energy, and infrastructure hit a 5 percent upper circuit in the day’s trade upon receiving solar projects worth Rs. 1,132 Crores from the Maharashtra Government.  Price Action  With a market capitalization of Rs. 6,717 Crores, the shares of Bondada Engineering Limited [...]

Auto stock falls 5% after it receives sell call for downside of 20% 

According to DSIR, the Compressors, Pumps, and Diesel Engines sector in India is expected to develop significantly in FY24, with a predicted market size of over Rs 1.5 trillion. The diesel engine industry alone is forecast to generate over 1.2 million engines, reflecting advances in technology and production capacities. This industry is critical to the [...]

Bank stock jumps 9% after announcing appointment of new MD & CEO

Shares of this Mid-cap private sector bank surged 9.5% in Friday’s trade after announcing new MD & CEO  Stock Action:  Bandhan Bank Ltd, holding a market cap of Rs. 32,871. .87 Crores, experienced a rise in its share price from Rs. 187.75 to Rs. 205.8 per share in the early trading hours.  Reason behind the [...]

Healthcare stock jumps 4% after receiving orders for radiology and pathology centers

Shares of a small-cap company providing diagnostic service centers rose 4.5% on winning new projects to run Radiology and Pathology Laboratory Services at RINPAS, Jharkhand, and Sadar Hospital, Ranchi.  Share price variations:  With a market capitalization of Rs. 2,817.12 crores, Krsnaa Diagnostics Ltd, experienced a surge to an intraday high of Rs. 901.10. This marked [...]

Infra stock jumps 5% after receiving work order worth ₹161 Cr for Indian Railways

Infra stock engaged in providing engineering, procurement, and construction (EPC) services and operation & maintenance for Government and Private projects jumped upto 5 percent in the day’s trade upon receiving a new work order worth ~Rs. 161 Crores.  Price Action  With a market capitalization of Rs. 3,442 Crores, the shares of Vishnu Prakash Punglia Limited [...]

Mukul Agrawal stock hits 5% upper circuit after receiving order from North Eastern Railways

The shares of the railway equipment manufacturer hit 5 percent upper circuit after the company bagged a prestigious order from North Eastern Railways worth Rs 1.58 crore.  Oriental Rail Infrastructure Ltd has a market capitalization of Rs 1,750.05 crore, the shares were trading at Rs 284.75 per share, increasing around 5 percent as compared to [...]

Maharatna stock to buy with upside potential of 25%; Are you holding it?

The Oil Exploration and Production business in India is critical to satisfying the country's rising energy demands. In fiscal year 2023-24, crude oil output was roughly 27.17 million metric tons, while natural gas production was 12,135 MMSCM. The industry intends to dramatically increase exploration acreage by 2030, improving energy security and self-sufficiency.  With a market [...]

Stock jumps 7% after receiving power supply order from Maharashtra Govt 

The shares of this Micro-cap Infra company surged 7.5% in today's trading after securing a power purchase agreement tender to supply 9 MW solar power for Maharashtra Electricity Board Limited for 25 years.  Stock Action:  Ganesh Green Bharat Ltd., with a market capitalization of Rs. 967.24 Crores, saw its shares rise to Rs. 392 per [...]

Stock jumps 8% after company forms JV to set up refractory brick plant for ₹300 Cr

Shares of a small-cap company, that manufactures refractories and requisite operating systems rose nearly 8% after the company signed an agreement to establish a manufacturing facility for refractory bricks with a capital outlay of approximately Rs. 300 crores.  Share price variations:  With a market capitalization of Rs. 2,220.02 crores, IFGL Refractories Limited surged to an [...]

5 Defence stocks to benefit after PM Modi approves defence deals worth ₹80,000 Cr

In a significant advancement for India’s naval and surveillance capabilities, The Cabinet Committee on Security chaired by Prime Minister Narendra approved major defence contracts totalling Rs 80,000 crores, including the acquisition of 31 Predator drones from the United States and indigenous construction of two nuclear submarines.  The report said that the Indian Navy is set [...]

IT stock jumps 9% after receiving order worth ₹27.77 Cr from MHADA 

IT stock engaged in offering geospatial engineering, mobility, enterprise solutions and many more jumped upto 9 percent in the day’s trade upon receiving a new work order worth Rs. 27.77 Croers from the Maharashtra Housing and Area Development Authority (MHADA).  Price Action  With a market capitalization of Rs. 1,478.72 Crores, the shares of Ceinsys Tech [...]

Financially strong stock to buy for an upside of more than 20%

One of the largest private wealth management firms in India surged more than 5 percent to Rs.1,065.00 per share after reputed brokerage firm UBS set a target price indicating potential growth.  Share Price Movement  In Thursday's trading session, 360 ONE WAM Ltd's share price reached an intra-day high of Rs.1,065.00 per share, marking a 5.4 [...]

Stock jumps 7% after receiving order worth ₹50.80 Cr from Govt. of Maharashtra

The shares of the operation & maintenance service provider gained up to 7 percent after the company bagged the prestigious work order from BrihanMumbai Municipal Corporation worth Rs 50.80 crore.  With a market capitalization of Rs 402.21 crore, the shares of Markolines Pavement Technologies Ltd were trading at Rs 210.50 per share, increasing around 4.52 [...]

Stock under ₹30 jumps 4% after DII bought stake via bulk deal

During Thursday’s trading session, the shares of a company in the business of large-scale civil constructions surged nearly 4.6 percent to Rs. 31 on NSE, after a domestic institutional investor (DII) bought stake worth a total of nearly Rs. 2 crores on NSE via a bulk deal.  With a market capitalisation of Rs. 307.8 crores, [...]

Who will take over the Tata group after Ratan Tata’s demise? 

“I don’t believe in taking the right decisions. I take decisions and then make them right.” - Ratan Tata  Born on 28th December 1937, business tycoon and philanthropist Ratan Tata passed away on the night of 9th October, at the age of 86. His remarkable contributions have left a lasting impact on India’s economy.  Often [...]

Stock jumps 19% after it receives order from Medical Education and Research, Mumbai

Shares of this micro-cap company engaged in the supply of medical equipments surged by 19.9 percent on NSE to Rs. 71.95 on Thursday, after the company announced receiving orders worth a total of Rs. 113.85 crores from the Medical Education and Ayush Department, Mumbai.  With a market capitalisation of Rs. 131.4 crores, at 02:12 p.m., [...]

Stock hits 5% upper circuit after acquiring 14% stake in HAL’s JV

Small Cap Stock specialized in providing e-governance services, IT/ITES system integration, B2B trading, and many more hit a 5 percent upper circuit in the day’s trade upon acquiring a stake in Hindustan Aeronautics Limited Joint Venture.  Price Action With a market capitalization of Rs. 1,747.67 Crores, the shares of VL E-Governance & IT Solutions Limited [...]

Infra stock hits 5% circuit after receiving order worth ₹34 Cr from Hindustan Copper

During Thursday’s trading session, the shares of a prominent player in India’s infrastructure and EPC sectors surged hit a 5 percent upper circuit at Rs. 245.8 on NSE, after receiving a Power Substation Project worth nearly Rs. 34.6 crores from Hindustan Copper Limited.  With a market capitalisation of Rs. 310.2 crores, the shares of K2 [...]

Smallcap stock jumps 8% after receiving ₹44 Cr orders in September

Shares of a small-cap company, that manufactures a wide range of water control systems, rose 8% after the company secured a work order worth Rs 44 crores in September month.  Share price variations:  With a market capitalization of Rs. 2,825.52 crores, Jash Engineering Limited surged to an intraday high of Rs. 2,298.80, marking an 8% [...]

Infra stocks jumps 5% after receiving work order worth ₹1,667 Cr for CIDCO project

The shares of the leading highway developer gained up to 5% after the company emerged as a lower bidder for the EPC work which is valued at Rs 1,667.78 crore.  With a market capitalization of Rs 6,999.83 crore, the shares of Ashoka Buildcon Ltd were trading at Rs 249.35 per share, increasing around 4 percent [...]

Stock hits 5% upper circuit after it announces ₹43 Cr capex for expansion 

Shares of a micro-cap company, which supplies construction equipment to service industrial sectors, touched 5% upper circuit following the purchase of two new 150 MT crawler cranes, valued at Rs. 7.00 crore.  Share price variations:  With a market capitalization of Rs. 270.48 crores, Crown Lifters Limited touched the 5% upper circuit of Rs. 243.22, from [...]

Fertilizer stocks jump up to 10% after Florida is expected to be hit by hurricane

According to a U.S. National Weather Service bulletin. Central and southwestern Florida, including Tampa, are expecting “life-threatening storm surge, damaging winds, and flooding rains.  The hurricane is expected to hit many phosphate mines in Florida. Tampa Bay is home to up to 42 percent of the United States ammonium phosphate, 32 percent of its phosphate [...]

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