JSW Group stock engaged in the business of developing, operating, and maintaining port and other infrastructures jumped 4 percent in the day’s trade upon receiving a new work order from Southern Railways. Price Action With a market capitalization of Rs. 69,804 Crores, the shares of JSW Infrastructure Limited were trading at Rs. 332.40 per equity [...]
The shares of the solar power generation company gained up to 3 percent after the company received a sanction letter for credit facilities for Solar Photovoltaic Power Project worth Rs 686 crore. KPI Green Energy Ltd has a market capitalization of Rs 10,524.74 crore, the shares were trading at Rs 1,747.75 per share, increasing drastically [...]
The shares of the leading industrial salt exporter gained 3% to an intraday high of ₹677.35 per share on Friday’s trade a day after Foreign Institutional Investors (FIIs) bought a stake in the company via a block deal. On Friday’s early trade, At 10:40 a.m., Archean Chemical Industries Ltd. shares were trading at ₹671 share [...]
As of June 2024, the Adani Group's net worth stands at around $111.1 billion, and plans of US$ 90 billion capex over the next ten years, according to a report by the investment bank and financial services firm Jefferies. The brokerage firm outlines a promising future trajectory for the Group. In 2023-24, the Adani Group [...]
Introduction: In 2024, the Indian stock market reached unprecedented peaks, prompting significant divestments by company promoters and institutional investors through block deals and bulk trades. This trend extends beyond promoters, with institutional investors such as mutual funds and foreign portfolio investors actively adjusting their holdings in certain stocks to realize gains and rebalance their portfolios. [...]
The share price of this Small cap FMCG firm gained by 2.1 percent to an Intraday high of Rs 546.65 per share on Thursday after prominent Morgan Stanley and Samsung India 2.0 Equity Master Investment bought a stake in the company. With a market capitalization of Rs 6,005 crores, the shares of Hindustan Foods Ltd [...]
The share price of this Power Generation and distribution firm jumped by 3 percent to an Intraday high of Rs 133.35 per share on Thursday after the company signed a Memorandum of Understanding (MOU) with AM Ammonia (India)Private Limited through its subsidiary SJVN Green Energy Limited (SGEL). With a market capitalization of Rs 52,109 crores, [...]
The share price of this small-cap Auto Ancillaries stock went up by 4.3 percent to an Intraday high of Rs 2,174.45 per share on Thursday after FII bought a stake in the company. With a market capitalization of Rs 6,433.92 crores, the shares of Sharda Motor Industries Ltd went up by 4 percent, trading at [...]
The first spectrum auction under the newly formed Central government saw a modest response of Rs. 11,340.78 crore from its second 5G spectrum sale. A mere 12 percent of the government’s reserve price of more than Rs. 96,238 Crores set for the auction saw bidding and got auctioned. Bharti Airtel Limited emerged as the top [...]
In Thursday’s trading session, the shares of one of the oldest private sector banks in India surged by 7.07 percent on BSE at Rs. 382.1, despite the promoter selling a 9.7 percent stake worth Rs. 590 crore in the bank via a block deal. With a market cap of Rs. 6,388.6 crore, at 02:27 p.m., [...]