Indian Market

Premier Energies Shares Surge 10% After Subsidiary Secures Orders Worth Rs 765 Crore

Premier Energies Shares Surge 10% After Subsidiary Secures Orders Worth Rs 765 Crore

/ Indian Market

Shares of Premier Energies climbed by up to 10% on October 14, following the announcement that its subsidiaries, Premier Energies International Private Ltd and Premier Energies Photovoltaic Private Ltd, had secured orders worth a total of Rs 765 crore. This includes Rs 632 crore for solar modules and Rs 133 crore for solar cells, with […]

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Bajaj Housing Finance Shares Drop 6% as One-Month Lock-In for Anchor Investors Ends

Bajaj Housing Finance Shares Drop 6% as One-Month Lock-In for Anchor Investors Ends

/ Indian Market

Shares of Bajaj Housing Finance fell over 6% on October 14 as the one-month lock-in period for anchor investors expired. The stock hit an intraday low of Rs 141.58 on the NSE, down 6.16%, with a market valuation of Rs 1,18,259.68 crore. With the lock-in ending, around 12.6 crore shares, or 2% of the company’s

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Ashoka Buildcon Shares Surge 5% on Securing Rs 2,310 Crore Projects

Ashoka Buildcon Shares Surge 5% on Securing Rs 2,310 Crore Projects

/ Indian Market

Shares of Ashoka Buildcon rose 5% in early trading on October 14, following the company’s announcement of winning projects worth Rs 2,309.99 crore. The stock was trading at Rs 265.65 on the BSE at 09:34 am, up by Rs 13.85. The company received a Letter of Acceptance (LoA) from Maharashtra State Road Development Corporation Ltd.

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Wipro Shares Climb 3% Ahead of Board Meeting on Bonus Issue and Q2 Results

Wipro Shares Climb 3% Ahead of Board Meeting on Bonus Issue and Q2 Results

/ Indian Market

Shares of Wipro rose by 3% on October 14, as investors showed strong interest ahead of the company’s board meeting scheduled for October 17. The board will discuss a potential bonus share issuance, marking what could be Wipro’s fourth such bonus action, following similar moves in 2019, 2017, and 2010. In its last bonus issue,

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Transformers and Rectifiers India Shares Hit Upper Circuit After Rs 211 Crore Block Deal

Transformers and Rectifiers India Shares Hit Upper Circuit After Rs 211 Crore Block Deal

/ Indian Market

Transformers and Rectifiers India shares surged to the 5% upper circuit on October 16 following a significant Rs 211 crore block deal on the exchanges. Approximately 27 lakh shares changed hands at a floor price of Rs 780 per share, representing a 2.6% discount from the previous closing price. The buyers and sellers involved in

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Gensol Engineering Shares Surge Over 3% on Securing Rs 186 Crore Solar Contract in Duba

Gensol Engineering Shares Surge Over 3% on Securing Rs 186 Crore Solar Contract in Duba

/ Indian Market

Gensol Engineering’s stock jumped over 3% on Monday after the company secured a Rs 186 crore contract for a 23 MWp rooftop solar project in Dubai. The renewable energy firm won the order from a sustainable development company in the UAE, tasked with designing, constructing, and maintaining rooftop solar photovoltaic (PV) systems for a major

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Hindustan Aeronautics Achieves 'Maharatna' Status, Becoming 14th PSU; Shares Climb Nearly 2%

Hindustan Aeronautics Achieves ‘Maharatna’ Status, Becoming 14th PSU; Shares Climb Nearly 2%

/ Indian Market

Shares of Hindustan Aeronautics Ltd. (HAL) rose by 1.9% to trade at Rs 4,519.95 on October 14 after the state-owned defense company was upgraded to ‘Maharatna’ status by the Department of Public Enterprises. HAL becomes the 14th public sector undertaking (PSU) to receive this prestigious status, which grants greater operational autonomy and financial power. With

Hindustan Aeronautics Achieves ‘Maharatna’ Status, Becoming 14th PSU; Shares Climb Nearly 2% Read More »

Oil Prices Drop Over $1 Amid China's Deflation Concerns and Uncertain Stimulus Plans

Oil Prices Drop Over $1 Amid China’s Deflation Concerns and Uncertain Stimulus Plans

/ Indian Market

Oil prices fell more than $1 per barrel in early trading on Monday, with Brent crude futures down 1.59% to $77.78 and U.S. West Texas Intermediate crude futures slipping 1.59% to $74.36. The decline came as disappointing inflation data from China fueled demand concerns, while the lack of clarity on Beijing’s economic stimulus plans added

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HAL Elevated to ‘Maharatna’ Status, Joining the Elite Group of PSUs

/ Indian Market

Hindustan Aeronautics Limited (HAL) has officially been upgraded to Maharatna Central Public Sector Enterprise (CPSE) status. The Department of Public Enterprises announced this milestone on October 12, following the approval from Finance Minister Nirmala Sitharaman. This marks a significant achievement for HAL as it becomes the 14th PSU to attain this prestigious status. The proposal

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Sudarshan Chemical Shares Surge 20% on Acquisition of Heubach's Global Pigment Business for ₹1,180 Crore

Sudarshan Chemical Shares Surge 20% on Acquisition of Heubach’s Global Pigment Business for ₹1,180 Crore

/ Indian Market

Shares of Sudarshan Chemical Industries soared 20 percent on October 11, hitting the upper circuit, after the company announced that its unit had acquired Heubach’s global pigment business for ₹1,180 crore. The stock reached a fresh 52-week high of ₹1,217.50 per share on the NSE following the news. Heubach, a key player in the specialty

Sudarshan Chemical Shares Surge 20% on Acquisition of Heubach’s Global Pigment Business for ₹1,180 Crore Read More »

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