The shares of Aditya Vision Limited gained approximately 4 per cent today and reached a new 52-week high of Rs 1,845 in the early hours of Monday. The shares rallied after the news surfaced that Ace investor Ashish Kacholia bought a stake in the company. As per BSE Bulk deals, the investor acquired 1 lakh [...]
The shares of VA Tech Wabag shot up 12.21% on Monday’s early trades to reach a fresh 52-week high of ₹ 374.90 apiece on the National Stock Exchange (NSE). The stock surpassed its previous high of ₹ 351.00 apiece, which it reached on November 29, 2022. VA Tech Wabag is a leading pure-play water technology [...]
Oil and Natural Gas Corporation Ltd proposes to drill 53 exploratory wells in Andhra Pradesh- 50 in Godavari on-Land PML (Petroleum Mining Lease) Block of KG Basin and three in CD-ONHP-2020/1 (OALP-Vi) Block Of Cuddapah basin with an investment outlay of Rs 2,150 crore. Andhra Pradesh State-Level Environment Impact Assessment Authority (SEIAA) in a meeting [...]
The Forex market is a long and established practice, dating back centuries. There are many unique properties to the market - it is global, available 24/7 and extremely popular. It is estimated that in 2022, the daily volume of Forex trading was about $7.5 trillion. Recently, however, crypto trading has been getting into the spotlight [...]
The recent trend indicates that markets may continue to exhibit intra-day volatility as investors keenly await the outcome of the US Fed's decision on interest rates next week.- Kotak Securities Ltd We expect weakness in tech stocks to continue on account of the weak growth outlook, FMCG stocks are expected to do well on the [...]
The Shares of Titan Company Limited have delivered 67,850% in twenty years, as the share price has risen from Rs 3.67 in December 2002 to the current level of Rs 2,609 on the NSE. If an investor would have invested Rs 1 lakh in the company in November 2002, the total value of their holdings [...]
NDTV has offered billionaire Gautam Adani's group two seats on its board of directors for the pre-open offer 29.18 per cent shareholding the ports-to-energy conglomerate had acquired in the broadcaster, according to a stock exchange filing. The Adani group acquired a 29.18 per cent stake in NDTV by buying a company backed by the television [...]
Banking stocks are already on an uptrend. However, they gained momentum after the RBI hiked the repo rate by 35 basis points on Wednesday. Both private banks, as well as PSUs, were big winners. The Nifty Bank gained an impressive 19.80% on a year-to-date basis (YTD), while the nifty PSU Bank index gained a massive [...]
Benchmark indices opened mildly in the red on Monday. The BSE Sensex was down around 150 points at around 62700 levels, while the fifty-share index NSE Nifty 50 was trading below 18700. Indian markets ended lower on Friday as they witnessed a bout of profit booking. Tech stocks were top laggards, with the Nifty IT [...]
The shares of HCL Technologies tumbled 7.24 per cent to reach an intraday low of ₹ 1021.60 apiece on the National Stock Exchange (NSE) on Friday. This happened following the news that the company had reduced its revenue growth guidance. The company said during a US analyst meeting held on December 08, 2022, that its [...]
The government's focus on infrastructure spending and affordable housing has led investors to be optimistic about the cement sector in India. The country approaching the peak construction period that falls between January-March along with the ongoing festive season has led multiple cement stocks to rally. Here are 3 cement stocks that have reached a new [...]
Small-cap firm Quint Digital Media Ltd (QDML) operates in consumer discretionary goods and services (CDGS). The company is listed on the Bombay Stock Exchange (BSE) and is the operator of ‘The Quint’. The company in an exchange filing informed that its board of directors have approved an issue of equity shares by way of a [...]
The shares of Hindustan Unilever Limited gained marginally on the last trading day of the week and reached its new 52-week high of Rs 2,741.60 in the early hours. The scrip rallied after the company announced that it has entered into the fast-evolving health & wellbeing segment in India which is estimated to be worth [...]
The shares of Yes Bank soared 13.80% during early trades on Friday to reach a fresh 52-week high of ₹ 20.50 apiece on the National Stock Exchange (NSE), in an otherwise weak market. The Nifty Bank index reached its 52-week high of 43853.40 points. Yes Bank has outperformed the index by gaining 52.65% in the [...]
Jefferies recently gave 19 stock ideas for December. It is bullish on the shares of Tata motors. Jefferies said that it likes Tata Motors based on the cyclical recovery and improving franchise in India, early leadership in India EVs, and JLR's focus on returning to higher margin Land Rover models. It noted that Indian truck [...]
The shares of Narmada Gelatines Ltd were in focus on Thursday after the company declared a special dividend. Its shares were trading at ₹ 292 levels on Wednesday and were locked at ₹ 385.00 on Thursday, indicating an increase of 31.85%. After the announcement, they gained a whopping 20% and hit the upper circuit limit. [...]
The shares of Triveni Engineering and Industries declined 6.36% on Thursday to reach an intraday low of ₹ 275.25. They were trading at ₹ 276.70 apiece at 02:31 PM on Thursday. Around 20.73 million shares representing 8.58% of Triveni Engineering changed hands on the BSE. The names of the buyers and sellers were not known [...]
The shares of Fertilisers and Chemicals Travancore Limited gained as much as 5 per cent till the afternoon on Thursday and reached a new 52-week high of Rs 173.95. The shares of the company were trading at Rs 55 a piece on NSE in 2020 around the same time. From there it has spiked up [...]
Dharmaj Crop Guard made its market debut with a 12 per cent premium on Thursday against the issue price of Rs 237. The stock made its debut at Rs 266.05, a jump of 12.26 per cent from the issue price on the NSE. Later it zoomed 17.11 per cent to Rs 277.55. On the BSE, [...]
The shares of Cummins India Limited started the session on Thursday at a strong note as it reached a new 52-week high of Rs 1,471.25. The Global power solutions provider came to the limelight after the company in collaboration with Tecnimont Pvt ltd will help GAIL (India) set up a proton exchange membrane electrolyzer for [...]
