Gift Nifty: Stock markets are expected to open Monday’s trading session on a negative note, influenced by a somber sentiment in global markets and a potential technical correction following recent substantial gains. As of 07:00 AM, Gift Nifty futures were priced at approximately 23,428, suggesting a probable gap-down opening of more than 75 points for…
Stocks News: Initial public offerings (IPOs) that launched on the main bourses or SME exchanges during the first half of 2024 have provided strong returns to investors, benefiting from the ongoing rally in the domestic equity market. Vruddhi Engineering Works emerged as the top performer, with its shares soaring 347% to Rs 313.20 on June…
RVNL shares: Shares of Rail Vikas Nigam Ltd (RVNL), a state-run company, closed nearly 6% higher on Friday following its announcement that it had secured the lowest bidder (L1) status for a project valued at Rs 191.5 cr from South Eastern Railway. RVNL’s shares ended the day up by 5.77% at Rs 409.70, compared to…
Stanley Lifestyles IPO: The initial public offering (IPO) of Stanley Lifestyles has a price range of Rs 351 to Rs 369 per share. The subscription period will end on June 25, 2024. In short Stanley Lifestyles’ IPO launches to raise Rs 537.02 crore. Shares are expected to be listed on June 28, 2024. Latest GMP…
MapMyIndia shares: Shares of C.E. Info Systems, the company behind MapMyIndia, surged by 20% to achieve a new all-time high during today’s afternoon trading session. This increase followed a buy recommendation from international brokerage Goldman Sachs, which initiated coverage on the stock. Goldman Sachs has projected a potential upside of 40% for the stock, setting…
Suzlon Energy shares: Shares of Suzlon Energy Ltd hit an upper circuit during Thursday’s trading session. The multi-bagger stock once again surged past the Rs 50 mark in early trade and managed to remain above this level, even as it partially gave up its gains later in the session. Shares of Suzlon Energy were locked…
Muthoot Microfinance shares: Shares of Muthoot Finance surged more than 4 percent to Rs 252 each on June 20, following a ‘buy’ rating from UK-based brokerage firm Investec. The firm cited a strong growth outlook and set a target price of Rs 350 per share. Year-to-date, the stock of this micro-finance institution has risen over…
IREDA shares: After the Lok Sabha Election outcome, shares of the Indian Renewable Energy Development Agency (IREDA) have been trading within a narrow range. On June 4, the day the election results were announced, IREDA stock closed at Rs 167.35, marking a 13% decline from its previous close of Rs 191.9 on June 3. Since…
Netweb Tech stock: Shares of Netweb Technologies India Ltd surged about 6 percent during Wednesday’s trading session, hitting a new 52-week high. This increase followed the company’s announcement, made via an exchange filing on Tuesday, of its plans to launch a Make-in-India range of servers for data centers and AI systems. Netweb Technologies has launched…
SBI stocks: Shares of State Bank of India (SBI) were trading over a percent higher in the afternoon session after the board of the state-owned lender approved raising Rs 20,000 crore through a public issue or private placement of long-term bonds in FY25. SBI shares rose by 1.23% to Rs 855, up from the previous…
