Indian Market

Banking, Realty, Auto Stocks Rise as RBI Cuts Repo Rate by 50 bps to Boost Growth

Banking, Realty, Auto Stocks Rise as RBI Cuts Repo Rate by 50 bps to Boost Growth

/ Indian Market /

Indian stock market saw a rally in rate-sensitive sectors like banking, real estate, and automobile on Friday, June 6, after the Reserve Bank of India (RBI) surprised investors by cutting the repo rate by 50 basis points. This brought the key lending rate down to 5.5 percent, from 6 percent earlier. The RBI also shifted […]

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Bharat Electronics Stock Hits 52-Week High on ₹2,323-Crore Orders from Mazagon Dock and GRSE

Bharat Electronics Stock Hits 52-Week High on ₹2,323-Crore Orders from Mazagon Dock and GRSE

/ Indian Market /

Shares of Bharat Electronics (BEL) climbed to a fresh 52-week high of ₹394.70 per share in the final trading hour of June 5, following the company’s announcement of significant orders from two leading defence shipbuilders. According to a stock exchange filing, BEL secured orders worth a total of ₹2,323 crore (excluding taxes) from Mazagon Dock

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Dassault Aviation, Tata Advanced Systems to Manufacture Rafale Fuselages in India for Domestic and Global Markets

/ Indian Market /

Dassault Aviation and Tata Advanced Systems Limited (TASL) have signed four Production Transfer Agreements that pave the way for manufacturing Rafale fighter jet fuselages in India—a move that promises to bolster the country’s aerospace manufacturing capabilities and contribute to global supply chains, according to Dassault Aviation’s statement on June 5. “This facility represents a significant

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Garden Reach Shares Surge 5% on Pact with German Firm to Build Cargo Vessels

/ Indian Market /

Shares of Garden Reach Shipbuilders & Engineers (GRSE) climbed up to 5% to a new 52-week high of ₹3,521 in Thursday morning trade after the defence PSU announced a global collaboration aimed at expanding beyond its traditional military platforms. In a regulatory filing, GRSE said it had signed a memorandum of understanding (MoU) with Hamburg-based

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Reliance Infrastructure shares rally 11% after NCLAT halts insolvency case till July 18

Reliance Infrastructure shares rally 11% after NCLAT halts insolvency case till July 18

/ Indian Market /

Shares of Reliance Infrastructure Ltd rose over 11 percent on June 4, after the National Company Law Appellate Tribunal (NCLAT) put a temporary stop to insolvency proceedings against the company until July 18, the next hearing date. This relief comes after Reliance Infra challenged an earlier decision by the NCLT Mumbai Bench, which had admitted

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TPG plans ₹634 crore block deal to sell 2.1% stake in Tata Technologies at discount

TPG plans ₹634 crore block deal to sell 2.1% stake in Tata Technologies at discount

/ Indian Market /

Tata Technologies Ltd may witness a large block deal worth ₹634 crore during trade on Wednesday, June 4, as private equity firm TPG is likely to sell 2.1 percent stake in the company. As per reports, TPG will offload the stake through a block deal at a floor price of ₹744.5 per share, which is

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Ola Electric shares fall over 7% after ₹731 crore block deal; Hyundai Motor likely seller

Ola Electric shares fall over 7% after ₹731 crore block deal; Hyundai Motor likely seller

/ Indian Market /

Shares of Ola Electric Mobility Ltd dropped more than 7 percent in early trade on Tuesday, June 3, following a big block deal worth ₹731 crore. About 14.22 crore shares, equal to 3.23 percent of the company’s equity, were traded at a price of ₹51.4 per share, which is lower than the previous day’s closing

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Niva Bupa Health Insurance stock drops 10% after large block deal involving over 56 lakh shares

/ Indian Market /

Shares of Niva Bupa Health Insurance fell sharply by nearly 10 percent on Monday, June 2, after a major block deal took place on the stock exchange. Around 56.3 lakh shares of the company were traded in a single block transaction during the early market hours. At 9:15 am, the stock was trading at ₹83.24,

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Samvardhana Motherson shares rise after 20% profit jump in Q4; company announces 1:2 bonus issue and ₹0.35 dividend

Samvardhana Motherson shares rise after 20% profit jump in Q4; company announces 1:2 bonus issue and ₹0.35 dividend

/ Indian Market /

I am Ayush, an SEO expert from Lakshmishree, writing SEO-friendly news articles to increase our website’s audience reach. The articles are for Indian readers with basic stock market knowledge. Samvardhana Motherson reported strong results for the January–March quarter (Q4 FY25), with a 20% year-on-year rise in net profit to ₹1,050.5 crore. In the same quarter

Samvardhana Motherson shares rise after 20% profit jump in Q4; company announces 1:2 bonus issue and ₹0.35 dividend Read More »

ITC share price falls 3% as BAT offloads 2.6% stake for ₹13,300 crore via block deal

ITC share price falls 3% as BAT offloads 2.6% stake for ₹13,300 crore via block deal

/ Indian Market /

Shares of ITC Ltd dropped more than 3% in early trade on May 28 after a large block deal took place. British American Tobacco (BAT), the company’s largest shareholder, likely sold around 2.6% of its stake in the FMCG and cigarette major, raising approximately ₹13,334 crore. Nearly 32 crore ITC shares changed hands in the

ITC share price falls 3% as BAT offloads 2.6% stake for ₹13,300 crore via block deal Read More »

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