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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 [...]

Stock under ₹60 in focus after receiving order worth ₹24 Cr from NHAI

This micro-cap stock engaged in providing engineering, architectural, project management, and consultancy services, specializing in infrastructure projects like highways, urban development, and road construction, is in focus after receiving an order worth Rs. 24.16 crore from the National Highway Authority of India (NHAI). Stock Price Movement With a market capitalization of Rs. 41.54 crore, the [...]

Semiconductor stock jumps after it announces to deliver India’s first packaged chip by July 2025

The shares of the semiconductor company, specializing in integrated electronics manufacturing, IoT solutions, product design, engineering, and OEM/ODM services, jumped upto 2 percent after it announced plans to deliver India’s first packaged chip by July. Additionally, the Board also approved the incorporation of "Kaynes Space Technology Private Limited" with an initial investment of up to [...]

IT stock jumps 5% after its associate company files for IPO

The shares of the IT-enabled service provider gained over 5 percent in Tuesday’s trading session after the company announced that its associate company has filed for an IPO.  Stock Performance  With a market capitalization of Rs 257.79 crore, Dev Information Technology Ltd surged over 5 percent to an intraday high of Rs 116.80 per share [...]

Debt free stock jumps 10% after signing €3.8 Mil trademark license agreement with German-based company

The shares of a small cap company primarily engaged in the manufacture of super abrasives, high precision grinding, honing, special purpose machines, and high precision components jumped around 10 percent in today’s trade after a major global acquisition.   Price Action  The shares of Wendt India Ltd, with a total market capitalization of Rs 1,852.60 Crore [...]

Microcap stock hits upper circuit after receiving ₹273 Cr LOI from Madhyanchal Vidyut Vitran Nigam

The shares of the Micro-Cap company, specializing in providing IT services and solutions focused on data management, software development, and consulting, hit a 2 percent upper circuit upon receiving Letters of Intent (LOIs) worth Rs. 273.12 crore from Madhyanchal Vidyut Vitran Nigam Ltd. Price action With a market capitalization of Rs. 236.06 crores on Tuesday, [...]

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NEWSALERT

RBI to review customer services; cardless cash withdrawal from ATMs extended to all banks using UPI: Das. PTI DP ANZ DP BAL BAL

NEWSALERT

RBI to maintain orderly financial condition in market and will take steps to contain impact of global spillovers: Das. PTI DP ANZ DP BAL BAL

NEWSALERT

RBI will engage in gradual, multi-year withdrawal of Rs 8.5 lakh crore excess liquidity in system: Governor Das. PTI DP ANZ DP BAL BAL

IPO Alert

Axis Bank Bags IFR Asia’s Asian Bank of the Year and India Bond House Award

Recognized for the scale of deals closed in the past 12 months, reflecting its ‘One Axis’ philosophy Mumbai, Maharashtra, India (NewsVoir) Axis Bank, India’s third-largest private sector bank has been awarded IFR Asia’s Asian Bank of The Year, for its breadth of coverage and depth of expertise in the Asian investment banking space. The award [...]

Govt plans to float EoI for its stake sale in IDBI Bank next month

New Delhi, Mar 14 (PTI) The government plans to invite expression of interest to sell its stake in LIC-controlled IDBI Bank by the next month-end, a senior official has said.As part of the divestment, the government plans to sell its entire 45.48 per cent stake eventually.The government may look to sell around a 26 per [...]

Sachin Bansal’s Navi Technologies files draft papers for Rs 3,350-cr IPO

New Delhi, Mar 12 (PTI) Sachin Bansal-led Navi Technologies has filed preliminary papers with Sebi to raise Rs 3,350 crore through an initial public offering (IPO).       The proposed IPO is completely through a fresh issue of equity shares and there will be no offer-for-sale (OFS), according to the draft red herring prospectus [...]

SoftBank in talks with Tatas, Mahindra for stake buy in subsidiary: Top official

Mumbai, Mar 11 (PTI) Japanese investor SoftBank Investment Advisers is in talks with Tatas and Mahindras for a stake buy in one of their subsidiaries, a top official said on Friday. The talks have been on for the last six months and both the conglomerates represent an interesting opportunity to invest, courtesy strong brand presence [...]

Unacademy eyeing IPO in next couple of years: Co-founder

New Delhi, Mar 11 (PTI) Edtech firm Unacademy expects to go public in the next couple of years and is looking to make its core business of test preparation profitable in the next 12 months, a top company official said on Friday. Unacademy Group co-founder and CEO Gaurav Munjal also said the company is looking [...]

UnlistedKart App Makes Its Debut in the Unlisted Stock Market

BENGALURU, India, March 11, 2022 /PRNewswire/ -- In the past 4 years, UnlistedKart has been at the forefront of the unlisted stock space, achieving a collective top line of 250+ crores and clocking an impressive IRR of 40% on their recommended portfolio. A testament to their explosive growth has been their research-first platform that empowers [...]

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

Stock jumps 9% after receiving order from Belgium based customer for agri implements project

Shares of a renowned auto ancillary company specialising in precision component manufacturing surged nearly 9 percent on BSE to Rs. 70.99 on Thursday, after receiving final clearance from a Belgium-based customer for the start of commercial production of the products of Agri Implements Products.  With a market capitalisation of Rs. 77.5 crores, at 12:14 p.m., [...]

Stock hits 5% upper circuit after receiving ₹2.1 Cr order for 3D printers and equipments 

Shares of this recently listed printing stock surged to hit the upper price band on Thursday, following the announcement of a significant order valued at Rs.2.1 crore. This order entails the supply of 3D printers and various other 3D equipment, highlighting the growing demand for advanced printing solutions in the market.  Price Movement  In Thursday's [...]

Green energy stock jumps 3% after receiving order worth ₹15.54 Cr from BSF

The shares of this micro-cap solar company jumped 3% on Thursday’s trade after it received orders from BSF for Rs. 15.54 Crores.  Stock Action:  Sahaj Solar Ltd., with a market capitalization of Rs. 691.02 Crores, saw its shares rise to Rs. 629 per share, from its previous close of Rs. 609.60 per share.  Reason behind [...]

Chemical stock jumps 9% after signing agreement to develop graphite battery anode for EVs

The shares of the leading producer of specialty chemicals gained up to 9 percent after the company inked an agreement to develop natural graphite battery anode material.  With a market capitalization of Rs 5,971.82 crore, the shares of Rain Industries Ltd were trading at Rs 177.55 per share, increasing around 7.18 percent as compared to [...]

Infra stocks jumps 7% after receiving project worth ₹2090 Cr from Maha Govt

The shares of the front-end infrastructure developer gained up to 7 percent after the company came up as the lowest bidder for the EPC project which is valued at Rs 2,090.59 crore.  With a market capitalization of Rs 11,463.45 crore, the shares of PNC Infratech Ltd were trading at Rs 446.85 per share, increasing around [...]

How are Ratan Tata stocks performing today? 

Following the recent passing of Ratan Naval Tata, the esteemed chairman emeritus of the Tata Group, the stock performance of Tata Group companies has become a focal point in the market. Investors are closely monitoring these stocks as they assess the potential impact of this leadership change on the group's diverse business operations, which span [...]

Water management stock jumps 5% after receiving ₹500 Cr work order from Reliance

Water Management Stock engaged in providing end-to-end solutions for water management, treatment, and many more across various business models jumped upto 5 percent in the day’s trade upon receiving repeat work orders from Reliance Industries Limited.  Price Action  With a market capitalization of Rs. 9,322 Crores, the shares of Va Tech Wabag Limited were trading [...]

Cable stock hits 5% upper circuit after receiving orders worth ₹109.4 Cr from Swastika Infra

The shares of a small-cap cable company hit a 5% upper circuit after receiving an order from Swastika Infra Private Limited, for the supply of power cables valued at Rs. 109.4 crores.  Share price variations:  With a market capitalization of Rs. 7,205.54 crores, Diamond Power Infrastructure Limited touched its 5% upper circuit at Rs. 1,367.35 [...]

Stock hits 5% upper circuit after receiving construction order worth ₹11 Cr for World Park 

Shares of this infrastructure company engaged in theme park development and waste management reached the 5 percent upper price band on Wednesday after securing a Rs.11.09 crore order for construction of a theme park entitled as ‘World Park’ from Pimpri Chinchwad Municipal Corporation.  Price Movement  In Wednesday's trading session, Z-Tech (India) Limited's share price hit [...]

Largecap stock to buy now for an upside of 15%; Are you holding it?

Shares of this Large-cap NBFC jumped to an intraday high of 4.89% after it was issued a BUY rating with a 15% Upside as higher Assets under management (AUM) growth is expected, as there is a great opportunity for higher growth.  Stock Action:  Shares of HDFC Asset Management Company Ltd, with a market capitalization of [...]

Different businesses of Century Textiles and Industries with their revenue split

According to the business standard, India's paper and paper products industry is experiencing rapid growth, projected to reach USD 9.25 billion by 2024 and USD 11.91 billion by 2030, with a CAGR of 4.37%2. The domestic market consumes approximately 22 million tonnes annually, making India the fastest-growing paper market globally, with an annual growth rate [...]

IT stock jumps 10% after it invests ₹ 1.49 Cr in health-tech company

Shares of a leading innovator in the fintech sector and business solution provider moved up by 9.4 percent on BSE to Rs. 24.25 on Wednesday, after the Board of the company made an equity investment in a health-tech company, marking its entry into the healthcare technology sector.  With a market capitalisation of Rs. 710 crores, [...]

Ashish Kacholia stock jumps 4% after it enters into agreement with Indiabulls Real Estate

The shares of a small-cap fintech software company rose by 4% after signing an agreement with Equinox India Pvt Ltd, to provide Saas platform for managing employee and engagement programs. Share price variations:  With a market capitalization of Rs. 5,247.57 crores, Zaggle Prepaid Ocean Services Ltd. surged to an intraday high of Rs. 441.40, marking [...]

Financially strong stock jumps 5% after company’s board to consider bonus issue

Financially strong stock engaged in the business of offering a range of travel-related products and services jumped upto 5 percent in the day’s trade upon declaring an intention to issue bonus shares of the company.  Price Action  With a market capitalization of Rs. 6,054 Crores, the shares of Easy Trip Planners Limited were trading at [...]

Steel stock jumps 3% after signing agreement with NTPC for procurement of iron ore lump

Shares of this newly listed iron and steel manufacturing stock surged over 3 percent to Rs.253.45 per share after signing a three-year agreement with NTPC Ltd for the supply of iron ore. Share Price Movement  In Wednesday's trading session, Vraj Iron and Steel Limited's share price reached an intraday high of Rs.253.45 per share, rising [...]

IT stock hits 20% upper circuit after receiving order worth ₹331.61 Cr from the Govt of Maha

IT stock engaged in offering geospatial engineering, mobility, enterprise solutions and many more hit a 20 percent upper circuit in the day’s trade upon receiving a new work order worth Rs. 331.61 Crores from the Government of Maharashtra.  Price Movement  With a market capitalization of Rs. 1,412 Crores, the shares of Ceinsys Tech Limited hit [...]

IT stock jumps 3% after company acquires additional 13% stake in Swiss gaming firm

The shares of this global technology company that specializes in providing product engineering solutions jumped 3.1% on Wednesday’s trade after it acquired an additional 13% stake in N-Dream AG, a Switzerland-based gaming firm.  Stock Action:  Shares of KPIT Technologies Ltd, with a market capitalization of Rs. 48,002.58 Crores, rose to Rs. 1,767.70 per share, from [...]

Auto stock to sell for downside of 15%; Are you holding it?

According to ICRA, the Commercial Vehicles (CV) industry in India is poised for growth, with retail volumes increasing by 2.9% year-on-year in the first ten months of FY2024. Tata Motors leads the market with a 38% share, contributing to over 967,000 units sold in FY2023, reflecting a strong economic recovery and infrastructure investment.  With a [...]

3 Stocks jump after announcing robust sales update for Q2FY25

The second quarter of FY25 has witnessed strong performances from a diverse array of sectors, signaling resilience and strategic growth in key industries. Three standout stocks from distinct sectors have reported impressive results, reflecting not only their individual strengths but also broader market trends.  The three major stocks which reported a better performance in Q2FY25 [...]

Microcap stock jumps 5% after receiving ₹16 Cr orders from NTPC, NLC and others

During Wednesday’s trading session, the shares of one of the leading manufacturers specialising in rubber and steel-based industrial conveyor belts surged nearly 5 percent to Rs. 156.9 on BSE, after the company secured orders worth more than Rs. 16 crores in September from NTPC, NLC and others. With a market capitalisation of Rs. 184.2 crores, [...]

Railway stock hits 5% upper circuit after receiving ₹64 Cr order for electrification system

Shares of this railway electrification company reached the 5 percent upper price band on Wednesday after securing a Rs. 643.88 million contract for Overhead Equipment (OHE) and Traction Substation (TSS) work for a new line section at Araria-Thakurganj, facilitated by Rail Vikas Nigam Limited.  Price Movement  In Wednesday's trading session, BCPL Railway Infrastructure Limited's share [...]

Auto ancillary stock jumps 6% after announcing demerger of auto and industrial business

The shares of the leading automotive service provider gained up to 6 percent after the company’s board approved the segregation of its automotive and industrial businesses.  With a market capitalization of Rs 26,469.58 crore, the shares of SKF India Ltd were trading at Rs 5,354.10 per share, increasing around 3.52 percent as compared to the [...]

Semiconductor stock hits 5% upper circuit after receiving work order from Eastern Railways 

Semiconductor stock engaged in the design, development & manufacturing of high-end Electronic, and telecommunication equipment, and many more hit a 5 percent in the day’s trade upon receiving a new work order from Eastern Railways.  Price Movement  With a market capitalization of Rs. 2,426 Crores, the shares of MIC Electronics Limited hit a 5 percent [...]

Multibagger stock jumps 5% after company enters into JV for residential project

The shares of a small-cap real estate development company surged by 5.5% after the announcement of a new residential apartment project in Bengaluru, projected to generate revenue of Rs. 600 crores.  Share price variations:  With a market capitalization of Rs. 3,783.07 crores, Arvind SmartSpaces Ltd opened the trading session at Rs. 794.10 and made an [...]

Infra stock jumps 3% after it signs agreement to upgrade Nagpur’s international airport 

Shares of this Large-cap Diversified infrastructure company jumped 2.6% on Wednesday’s trade after it signed an agreement with MIHAN India to upgrade Nagpur’s international airport.  Price Action:  Shares of GMR Airports Infrastructure Ltd, with a market capitalization of Rs. 93,901 Crores, rose to Rs. 89.5 per share, from its previous close of Rs. 87.2 apiece.  [...]

Stocks in focus after Tata group issues $9 Billion tender for wind turbines 

India's Tata Power is looking for bids for the supply of wind turbines with a capacity exceeding 3 gigawatts (GW). These turbines will be used at its wind-solar hybrid renewable energy facilities across India over the next three to five years, according to several sources.  The total investment could surpass Rs. 21,000 crore, making it [...]

Tata group stock jumps after it partners with BMW to develop automotive software

Shares of this Tata Group company, which specialises in product development and digital solutions, rose nearly 2 percent following its collaboration with BMW to establish a joint venture, BMW TechWorks India, aimed at developing automotive software and IT solutions.  Price Movement  In Wednesday's trading session, Tata Technologies Limited's share price reached an intraday high of [...]

Navratna stock jumps 10% after signing MoU with Etihad Rail for railway infrastructure in UAE

The shares of this public-sector enterprise gained 10 percent after the company signed a memorandum of understanding for developing railways and provide infrastructure services in the UAE.  With a market capitalization of Rs 15,424.98 crore, the shares of Rites Ltd were trading at Rs 320.95 per share, increasing around 7 percent as compared to the [...]

Solar stock held by BlackRock jumps 6% after receiving order to supply solar modules 

Solar energy stock held by BlackRock, engaged in manufacturing and supplying integrated solar cells and solar panels and also providing EPC Solutions related to it jumped 6 percent in the day’s trade upon receiving a new work order for the supply of solar modules.  Price Movement  With a market capitalization of Rs. 46,326 Crores, the [...]

Waste management stock jumps 5% after company to set up e-waste recycling plant

Shares of a company engaged in offering services for collection, disposal, and recycling of e-waste surged 5.2 percent on NSE to Rs. 183.95 on Wednesday, after the company announced acquiring land to set up e-waste recycling plant in Telangana.  With a market capitalisation of Rs. 415.7 crores, at 10:10 a.m., the shares of Namo eWaste [...]

Smart meter stock hits 5% upper circuit after receiving ₹201 Cr order; Also forays into renewable energy

Shares of this power transmission stock reached the upper price band on Wednesday after winning an EPC and O&M contract valued at Rs.201 crores for developing a solar power project designed to solarize agricultural feeders in Maharashtra.  Price Movement  In Wednesday's trading session, RMC Switchgears Limited's share price reached the 5 percent upper circuit at [...]

Power stock jumps 9% after signing agreement with Lakshmi Mills for power supply

The shares of the leading power transmission company gained up to 9 percent after the company came into subscription and shareholders agreement for the supply of power from renewable energy.  With a market capitalization of Rs 93,999.03 crore, the shares of Torrent Power Ltd were trading at Rs 1,955.80 per share, increasing around 8 percent [...]

Textile stock in which Vanguard fund buys 2.38% stake in the company

According to the IBEF, the Garments and Apparel industry in India is a vital sector, contributing approximately 2.3% to the GDP. In FY24, the sector's exports reached $28.72 billion, with readymade garments alone accounting for $14.23 billion. The market is projected to grow at a 10% CAGR, aiming for $350 billion by 2030.  With a [...]

Semiconductor stock to buy with an upside potential of 20%; Do you own it? 

According to Pib, the Industrial Products industry in India is a significant contributor to the nation's economy, with a 4.9% growth recorded in March 2024. The Index of Industrial Production (IIP) reached 159.2, reflecting robust performance across sectors like manufacturing, which grew by 5.2%. By 2025-26, the manufacturing sector is projected to hit $1 trillion [...]

Multibagger stock jumps 15% after receiving buy call for 30% upside

Shares of one of the world's leading manufacturers of Power Transmission & Distribution structures surged 15.7 percent on BSE to hit a new 52-week high at Rs. 513.9 on Tuesday. This rally was sparked by Nuvama Institutional Equities’ initiation of coverage on Skipper Limited with a bullish outlook.  With a market capitalisation of Rs. 5,659.8 [...]

Transformer stock hits 5% upper circuit after reporting 2,329% YoY increase in net profits 

Transformer stock engaged in designing and manufacturing the entire range of Transformers hit a 5 percent upper circuit in the day’s trade upon declaring robust Q2FY25 results with a 2,329 percent jump in Net Profits.  Price Action  With a market capitalization of Rs. 10,087.82 Crores, the shares of Transformers & Rectifiers (India) Limited hit a [...]

Tata group stocks to buy for an upside potential of 25%

Tata Group stocks have demonstrated notable growth in 2024, with a collective market capitalization rise of 15.4 percent since June, fueled by robust performances from major companies such as Tata Consultancy Services and Tata Motors.  Investing in these stocks is attractive due to their diversification across multiple sectors, reliable dividend payouts, and potential for capital [...]

Pharma stock in action after company to provide biological drugs for low income countries

Shares of this mid-cap pharma company rose nearly 2% after the company planned to boost the adoption of biosimilars in low and middle-income countries.  Price action:  The shares of Biocon Limited, with a market capitalization of Rs. 41,210.60 crores saw its shares rise to Rs. 345.2 per share, from its previously close price of Rs. [...]

IT stock jumps 18% after receiving ₹430 Cr order for Pune safe city project

IT Stock engaged in providing Cloud Enablement, Digital Engineering Services, Cyber Security, Infrastructure Management, and many more jumped 18 percent in the day’s trade upon receiving a new work order worth Rs. 430+ Crores for deployment of AI Cameras across Pune. Price Action  With a market capitalization of Rs. 1,574 Crores, the shares of Allied [...]

Infra stock hits 5% circuit after receiving orders worth ₹318 Cr from Maharashtra Govt.

During Tuesday’s trading session, the shares of the integrated EPC company surged 4.8 percent to Rs. 177.55 on BSE, after the company announced securing two projects worth a total of around Rs. 318.64 crores from the Maharashtra State Infrastructure Development Corporation Limited.  With a market capitalisation of Rs. 676.2 crores, the shares of RPP Infra [...]

Waste management stock trading at discount of 32% to look out for 

India's waste management sector is rapidly evolving, driven by a growing population, urbanization, and increasing environmental awareness.  This industry plays a crucial role in addressing the challenges posed by the country's significant waste generation, which amounts to approximately 62 million tonnes annually, with municipal solid waste (MSW) being a major component.  As urbanization continues and [...]

Tata group stock jumps 9% after it forays into beauty segment; Also receives new target

Tata Group stock engaged in the retailing of apparel, footwear, accessories, toys, games, food, grocery & non-food products, and many more jumped upto 9 percent in the day’s trade following the brokerage call and foray into the beauty segment.  Price Action  With a market capitalization of Rs. 2,82,430 Crores, the shares of Trent Limited were [...]

Chemical stock jumps 12% after Quant Mutual Fund bought 1.03% stake in the company

The shares of this small-cap stock jumped up to 12 percent from intraday high after Quant Mutual Fund, a domestic institutional investor, bought 2.53 lakh equity shares of the company.  With a market capitalization of Rs 1,551.10 crore, the shares of Heubach Colorants India Ltd were trading at Rs 672.00 per share, increasing around 9.53 [...]

Largecap stock to buy now for an upside of 20%; Are you holding it?

This prominent food delivery and restaurant discovery platform surged nearly 5 percent to Rs.278.15 per share after reputed brokerage firm HSBC set a target price indicating potential growth.  Share Price Movement  In Friday's trading session, Zomato Limited's share price reached an intra-day high of Rs.278.15 per share, marking a 4.53 percent increase from its previous [...]

Stock jumps 30% in five days after Mukul Agrawal bought fresh stake 

The shares of this microcap company have delivered over 30 percent return to its shareholders in just five trading sessions after Mukul Agrawal bought fresh stake and has achieved around 120 percent in returns on a YTD basis.  Price Movement:  With a market capitalization of Rs. 265 crores, the shares of Siyaram Recycling Industries Ltd [...]

Defence stock jumps 5% after company to develop mobile ground station system

Defence stock engaged in designing, developing, manufacturing, and testing a variety of defence and space equipments jumped upto 5 percent in the day’s trade upon winning a Ministry of Defence challenge and receiving eligibility for grant to develop Mobile Ground Station system for defence, space and others.  Price Action  With a market capitalization of Rs. [...]

Navratna stock jumps after receiving $5.40 Mil order for electric locomotives

The shares of this public-sector enterprise gained 1.4 percent after the company received a letter of award from Ntokoto Rail Holdings Pty. Ltd, worth USD 5.40 million.  With a market capitalization of Rs 14,523.85 crore, the shares of Rites Ltd were trading at Rs 302.20 per share, increasing around 2.25 percent as compared to the [...]

Microcap stock in focus after receiving order worth ₹138 Cr from Punjab National Bank

This Micro-cap diversified stock hit its lower limits twice in a row despite order renewal worth Rs. 138 crores from a large-cap PSU bank.  Price movement:  Eraaya Lifespaces Ltd, with a market capitalization of Rs. 5,057.72 Crores touched its lower circuit, falling to Rs. 2,751.1 per share, from its previous close of Rs. 2,895.85 per [...]

Gold (XAUUSD): Price action analysis, key support-resistance levels and target

In September 2024, XAUUSD was influenced by both fundamental and technical factors, leading to high volatility as traders adjusted to economic data, central bank policies, and geopolitical uncertainties. However, this analysis will focus on the technical side: Price Movement At the beginning of September, gold opened at 2,500 and dropped to 2,473. After that, it [...]

Cement stock jumps after receiving 3 limestone blocks in Rajasthan 

Cement stock engaged in offering a diversified range of products such as cement, Ready-mix Concrete (RMX), and modern building materials in focus upon being declared preferential bidder for 3 limestone blocks in Rajasthan.  Price Action  With a market capitalization of Rs. 12,680 Crores, the shares of Nuvoco Vistas Corporation Limited were trading at Rs. 355 [...]

Stock jumps 3% after acquiring 51% stake in Vittal’s MediCare

During Tuesday’s trading session, the shares of a company engaged in manufacturing and trading in pharmaceuticals, chemicals and lifecare products surged 3.8 percent to Rs. 4.1 on BSE, after signing an agreement to acquire a 51 percent stake in Vittal's MediCare Private Limited to expand its operations.  With a market capitalisation of Rs. 447 crores, [...]

PSU stock jumps after investing ₹385 Cr in EV battery manufacturing company 

PSU stock is one of India's leading natural gas distribution companies for domestic, industrial, and commercial use jumped 2 percent in the day’s trade following Rs. 385 Investment in an EV Battery Manufacturing Company.  Price Action  With a market capitalization of Rs. 18,274 Crores, the shares of Mahanagar Gas Limited were trading at Rs. 1,850 [...]

Steel stock under ₹20 jumps 3% after reporting sales growth of 42% YoY in Q2

The shares of this smallcap company jumped by 3 percent in Tuesday’s trading session after reporting strong sales volume performance for the first half (H1FY25) and the second quarter (Q2FY25) of the fiscal year.  Price Movement:  With a market capitalization of Rs. 2,139 crores, the shares of Rama Steel Tubes Ltd started Tuesday’s trading session [...]

Adani group stock to buy now for an upside of 40%; Are you holding it? 

Adani Group stock, the largest player in private transmission and the second largest player in the smart meter business, has been assigned a Buy call from one of the major brokerage houses with an upward potential of nearly 40% from Tuesday’s trading price.  Share Price Movement:  With a market capitalization of Rs. 1,11,959.54 crores, Adani [...]

Solar stock hits 5% upper circuit after receiving ₹154 Cr order from Ahmedabad Govt.

Shares of this solar stock hit the upper price band on Tuesday, despite volatile market conditions after securing an order of Rs.154.27 crore for the establishment and commissioning of Grid Tied 30MW Ground Mounted Solar Projects in the state of Gujarat.  Price Movement  In Tuesday's trading session, Zodiac Energy Limited's share price reached the 5 [...]

Transformer stock in which FII and DIIs have increased stake in the company

During the trading session of Tuesday, the shares of a prominent player in the manufacturing of transformers and reactors in India surged by 1.5 percent to Rs. 650 on BSE.  Stock Performance:  With a market capitalisation of Rs. 9,485.2 crores, the shares of Transformers & Rectifiers India Limited (TRIL) opened in the green at Rs. [...]

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

According to IBEF, The Information Technology (IT) sector in India is projected to reach $138.6 billion in FY24, reflecting an 11.1% growth from the previous year. Major players like TCS, Infosys, and Wipro are driving this expansion, with significant investments in AI and cloud technologies shaping the industry's future.  Here are the IT stocks to [...]

Will OLA Electric win the EV race? 

Ola Electric's stock price has hit a lifetime low, falling over 9 percent to approximately Rs.89.55 per share amid ongoing service issues and a significant decline in market share1. The company reported a drop in sales, with only 22,800 units sold in September, down from 41,732 units in July, raising concerns about its competitive position [...]

EV stock in focus after receiving order to set up 20 EV charging stations in Nashik 

EV stock engaged in the business of providing end-to-end solutions for the manufacturing, procurement, and distribution of advanced EV Chargers, solar systems, and many more in focus upon receiving additional work orders to setup EV Charging Stations in Nashik.  Price Action  With a market capitalization of Rs. 3,798 Crores, the shares of Servotech Power Systems [...]

EV stock in focus after receiving order worth ₹150 Cr for 180 EVs from BillionE

The shares of this commercial vehicle manufacturing company fell around 2 percent despite receiving an order for 180 Electric Trucks valued at approximately Rs. 150 crores. In one year, the stock has delivered around a 30 percent return to its shareholders.  Price Movement:  With a market capitalization of Rs. 65,159 crores, the shares of Ashok [...]

Smallcap hits 5% upper circuit after Ashish Kacholia buys fresh stake in the company

Smallcap stock engaged in manufacturing transmission line towers, sub-stations, railway electrification structures, and many more hit a 5 percent upper circuit in the day’s trade after Ashish Kacholia made a fresh investment in it.  Price Action  With a market capitalization of Rs. 2,343 Crores, the shares of Jyoti Structures Limited hit a 5 percent upper [...]

Telecom stock falls 9% after company fails to submit bank guarantee

Shares of this leading telecom stock plunged over 9 percent after the Department of Telecommunications (DoT) issued a notice to the company regarding the non-payment of bank guarantees required to cover past spectrum auction dues.  Share Price Movement  In Monday’s trading session, Vodafone Idea Limited’s share price fell 9.09 percent to an intraday low of [...]

Ashish Kacholia stock falls 10% after FII sells stake in the company

Shares of this small-cap fintech company dropped by 9.7% in the early market hours on monday after foreign institutional investors sold 0.68% of the firm via a bulk deal.  Zaggle Prepaid Ocean Services Ltd, with a market capitalization of Rs. 5,315.62 Crores. The shares opened at Rs. 460.20 per share after their previous close at [...]

2 Reality stocks jump after reporting 120% YoY increase in sales growth

India's construction industry is poised for substantial growth, with an expected expansion of 11.2% in 2024, bringing the total market value to Rs. 25,316 billion. This strong growth trajectory is projected to continue, with a compound annual growth rate (CAGR) of 9.4% between 2024 and 2028, and by 2028, construction output is anticipated to reach [...]

Solar pump stock in focus after it announces 5:1 bonus issue

Solar Pump stock engaged in the manufacturing and selling of a wide range of pumps, motors, spare parts, and EV components, in focus upon declaring a bonus issue of 5:1.  Price Action  With a market capitalization of Rs.8,654 Crores, the shares of Shakti Pumps (India) Limited were trading at Rs. 4,319 per equity share, down [...]

Stock hits 5% upper circuit after reporting 158% YoY increase in net sales 

The shares of this microcap company clocked a 5 percent upper circuit in Monday’s trading session after reporting an increase in net sales by 158 percent YoY.  Price Movement:  With a market capitalization of Rs. 105 crores, the shares of GSM Foils Ltd started Monday’s trading session on a higher note at Rs. 82.40, clocking [...]

Cement stock jumps 17% after Adani group to acquire the company for $1.2 Mil

The shares of a small-cap cement company rose 17% following the news report that Adani Group is in discussions to acquire a German-based cement firm for an estimated value of around Rs 10,000 crores.  Share price variations:  With a market capitalization of Rs. 5,592.36 crores, HeidelbergCement India Limited opened today’s trading session at Rs. 241, [...]

Ambani stock to buy now for an upside of 20%; Do you own it?

Mukesh Ambani's market-leading conglomerate stock has received ambitious target prices from several prominent brokerages, significantly fueling optimism and driving the stock's upward trajectory. This positive sentiment reflects the strong potential for future growth and investor interest in the company.  Share Price Movement  In Monday’s trading session, Reliance Industries Limited's share price reached an intra-day high [...]

Ashish Kacholia stock jumps 6% after completion of brownfield capacity expansion

The shares of the chemical manufacturer gained up to 6 percent after the company completed the proposed brownfield capacity expansion worth Rs 100 crore.  With a market capitalization of Rs 1,987.17 crore, the shares of Tanfac Industries Ltd were trading at Rs 1992.15 per share, increasing around 0.29 percent as compared to the previous closing [...]

Newly listed stock hits 5% upper circuit after DIIs buys 3.93% stake in the company

During Monday’s trading session, the shares of a recently listed micro-cap company hit a 5 percent upper circuit, to reach a new 52-week high of Rs. 207.2 on BSE, after two domestic institutional investors (DIIs) bought stake worth a total of nearly Rs. 29.5 crores on NSE.  With a market capitalisation of Rs. 775.5 crores, [...]

Stock under ₹200 jumps 7% after Ashish Kacholia bought fresh stake in the company 

The shares of this microcap company jumped around 7 percent in Monday’s trading session 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. 196 crores, the shares of Naman In-Store (India) Ltd started Monday’s trading session on [...]

Penny stock hits 20% upper circuit after company’s net profit increased by 5,340% QoQ

The shares of this microcap company locked a 20 percent upper circuit in Monday’s trading session after announcing an increase in net profits by 5,450 percent.  Price Movement:  With a market capitalization of Rs. 61.4 crores, the shares of Shrydus Industries Ltd started Monday’s trading session on a higher note at Rs. 17 compared to [...]

Stock under ₹ 30 jumps 12% after reporting 132% QoQ increase in net profits

Shares of this micro-cap stock, a prominent player in the food processing sector surged 12 percent to Rs.24.99 per share after reporting net profit growth of 132 percent in the September quarter from the previous quarter.  Price Movement  In Monday’s trading session, the share price of Himalaya Food International Ltd reached an intra-day high of [...]

Stock jumps after signing asset purchase agreement with Renesas Electronics for $36 Mil

The shares of the power generation company gained up to 2 percent after the company signed an asset purchase agreement with Renesas Electronics America Inc. for USD 36 million. With a market capitalization of Rs 1.08 lakh crore, the shares of CG Power and Industrial Solutions Ltd were trading at Rs 720.60 per share, increasing [...]

IT stock jumps 4% after company to acquire 26% stake in Kakatiya Energy Systems

The shares of this microcap company rose approximately 4 percent in Monday’s trading session following the announcement of a Memorandum of Understanding (MoU) to acquire a 26 percent stake in Kakatiya Energy Systems Private Limited.  Price Movement:  With a market capitalization of Rs. 98 crores, the shares of Titan Intech Ltd started Monday’s trading session [...]

Power stock jumps 4% after company to invest ₹2,000 Cr for capacity expansion

Shares of this mid-cap energy sector stock, which specializes in sustainable solutions and digital transformation, surged nearly 4 percent following the announcement of plans to invest Rs.2,000 crore in expanding capacity, portfolio, and talent base to advance sustainable energy.  Share Price Movement  In Monday’s trading session, the share price of Hitachi Energy India Ltd reached [...]

Waste management stock jumps 9% after receiving ₹908 Cr order from AG Enviro Infra

The shares of the waste processing company gained up to 9 percent after the company bagged a prestigious work order for Rs 908 crore from AG Enviro Infra Projects Private Limited  Antony Waste Handling Cell Ltd has a market capitalization of Rs 2,079.84 crore, the shares were trading at Rs 735.60 per share, increasing around [...]

Stock jumps 10% after company announces ₹ 500 Cr fundraise and 1:2 stock split

The shares of the leading jewelry retailer gained up to 10 percent after the company’s board approved fundraising up to Rs 500 crore and a stock split in the ratio of 1:2.  With a market capitalization of Rs 11,425.59 crore, the shares of Senco Gold Ltd were trading at Rs 1,470.05 per share, increasing around [...]

Solar Stock: India’s largest solar module manufacturer and its competitors

India's solar industry is poised for continued growth, driven by its vast potential for solar energy production, policy support, and increasing demand for clean energy solutions. It has rapidly grown into one of the largest in the world, with over ~72 GW of installed capacity for solar module manufacturing and 8.1 GW for solar cell [...]

FMCG stock to buy with upside of 40%; Do you hold it?

The beverage industry in India is a robust sector, projected to reach over $72 billion by 2027 for alcoholic beverages alone. The non-alcoholic segment is expected to generate $20 billion in revenue during the same period, showcasing diverse consumer preferences and significant growth potential across various beverage categories.  With a market capitalization of Rs 1.82 [...]

Stocks in Focus: 6 Companies announcing Q2 results next week 

As the earnings season approaches, investors eagerly await the unveiling of second-quarter results are set to be announced next week. Analysts anticipate insights into companies' financial performance, expecting significant market reactions based on revenue, profit, and strategic outlooks. The outcomes will likely influence market sentiments and investment decisions in the upcoming period.  Here are the [...]

Stocks to Buy: KPIT and 5 other stocks to buy for upside of 40% 

The domestic equity indices ended with significant losses on Friday’s trading session, amid fears that Israel is planning a significant retaliation following Iran's missile attacks, widening the scope of the Middle East war.  At close, the BSE Sensex tumbled 808.65 points or 0.98 percent to 81,688.45, while the Nifty 50 index dropped 235.50 points or [...]

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