Dolly Khanna Portfolio: The shares of Tinna Rubber and Infrastructure Ltd opened at a 5 per cent upper circuit at ₹ 633.70 apiece on Friday. They were locked at a 5 per cent upper circuit on Thursday as well. Tyre stocks have vroomed and are in the limelight. The sector’s improved pricing power is said [...]
The shares of Tanla Platforms Limited opened at Rs 868.95 on the last trading session for the week as against the previous close of Rs 834 and was locked at an upper circuit. In the last five days, the stock has gained more than 16 percent. The stocks have started ralling as the board of [...]
After imposing 20 per cent export duty on non-basmati rice, the government has banned the export of broken rice with an aim to increase domestic availability, according to a government notification "Export Policy of broken rice ...is amended from ‘Free’ to ‘Prohibited’," the Directorate General of Foreign Trade (DGFT) said in a notification dated September [...]
IndiGo Airlines co-promoter Rakesh Gangwal and his wife on Thursday divested 2.74 per cent stake in the parent company InterGlobe Aviation for Rs 2,005 crore through open market transactions. Gangwal had resigned from the board of directors of the company in February 2022, stating that he will gradually reduce his equity stake over the next [...]
The market capitalisation of BSE-listed firms reached an all-time high of Rs 282.66 lakh crore on Thursday, helped by a rebound in equities. The 30-share BSE Sensex climbed 659.31 points or 1.12 per cent to settle at 59,688.22 after falling in the previous two trading days. The bounce back in equities, helped the market capitalisation [...]
The shares of Duroply Industries Limited opened at Rs 182.50 as against its previous close of Rs 173.85 and got locked in the upper circuit of 5 per cent on Thursday's trading session. In the past month, the stock has gained more than 11 per cent. So far this year the stock has gained approximately [...]
The government will acquire a stake in debt-ridden Vodafone Idea after the stock price of the company stabilises at Rs 10 or above, according to an official source. Vodafone Idea (VIL) board has offered a stake to the government at a par value of Rs 10 per share. "There is a SEBI norm that the [...]
The shares of Interglobe Aviation Limited (IndiGo) opened at Rs 1,959 on NSE and declined by 2.3 percent to reach an intraday low of Rs 1,914 on Thursday. The scrip declined in the early hours of Thursday as about 10.8 million shares were listed for sale for Rs 1,996 crore via a Block deal, according [...]
Liberalising the land leasing policy, the Union Cabinet on Wednesday slashed the railways’ land licensing fee for certain usages to 1.5% from 6% earlier. Moreover, the lease period has also been extended to up to 35 years from the current five years. This development is believed to be in line with NITI Aayog's recommendation to [...]
The shares of Schneider Electric Infrastructure Limited opened at Rs 145.75 on NSE and spiked by approximately 14 percent to reach its new 52-week high of Rs 165 in the early trading hours on Thursday. Schneider Electric Infrastructure Limited is engaged in the business of manufacturing, designing, building, and servicing technologically advanced products which include [...]
Coal India Limited's shares have risen by 58.90 per cent in the past year on the back of favourable demand-supply dynamics and growing global coal demand. The state-run behemoth supplies nearly 80 per cent of India’s coal requirements. In fact, it's production. increased by 44.6 million tonnes (MTs) in just five months and four days [...]
Retail sales of automobiles in India grew 8.31 per cent in August this year on the back of increase in registrations of vehicles across all major segments, automobile dealers' body FADA said on Thursday. As per data released by the Federation of Automobile Dealers Associations (FADA), total vehicle retail sales in the country stood at [...]
Standard Chartered Bank (Singapore) Ltd offloaded 1.38 crore shares of CG Power and Industrial Solutions shares for Rs 298 crore on Wednesday through an open market transaction. According to block deal data available with BSE, Standard Chartered Bank (Singapore) Ltd sold 1,38,45,000 shares in six tranches, amounting to a 0.91 per cent stake in the [...]
Domestic airlines industry is expected to report a net loss of around Rs 15,000-17,000 crore this fiscal on account of elevated price of Aviation Turbine Fuel (ATF) and a weak rupee, a report said on Wednesday. The losses for the industry in the previous fiscal were estimated at around Rs 23,000 crore, credit ratings agency [...]
The Indian benchmark indices recouped opening losses in noon trade on Wednesday but ended in the negative zone amid dull global cues. The S&P BSE Sensex closed at 59,029, down 168 points or 0.28%, while the Nifty50 ended 31 points or 0.18% down at 17,624. Amid the volatile markets, here are some stocks that are [...]
Benchmark BSE Sensex and Nifty ended lower on Wednesday, dragged down by losses in banking stocks amid weak global market trends. The 30-share Sensex declined by 168.08 points or 0.28 per cent to settle at 59,028.91. During the day, it fell 474.1 points or 0.80 per cent to 58,722.89. The broader NSE Nifty dipped 31.20 [...]
Telecommunications Provider Vodafone Idea’s shares zoomed 8.74% on Wednesday's intraday trades on the back of heavy volumes, in an otherwise weak market. The share price of the company reached an intraday high of ₹ 9.95 apiece and had closed at ₹ 9.15 on Tuesday. The company’s shares were trading at their highest level since May [...]
Asia's richest man Gautam Adani on Wednesday said his ports-to-power conglomerate will build three giga factories for manufacturing solar modules, wind turbines, and hydrogen electrolyzers as part of a USD 70 billion investment in clean energy by 2030. Adani group is stepping up investments across the green energy value chain as it aims to become [...]
The shares of Ambuja Cements Limited opened at Rs 439 on Wednesday and climbed up by approximately 4 percent to reach its new all-time high of Rs 457.50. The stock surpassed its previous all-time high of Rs 442.95 which it reached in September 2021. The stocks made a new high ahead of the closure of [...]
The shares of Banswara Syntex Limited opened at Rs 235 on Wednesday. In the past five days, the stock has shed 1.2 per cent. So far this year, the stock has been volatile and gained approximately 1.3 per cent. In September 2020, the stock was trading at Rs 69.90 a piece on NSE. From there [...]
