GRSE shares: Garden Reach Shipbuilders & Engineers Ltd (GRSE) shares continued their winning streak for the fifth consecutive session on Tuesday. The stock surged 14.84% to reach a lifetime high of Rs 1,869.45 and was last trading 10.25% higher at Rs 1,794.70. Over the past five trading days, the stock has gained 30.24%. Year-to-date, GRSE…
Adani Ports stocks: Adani Ports and Special Economic Zone shares have rebounded by 107% from their 52-week low over the past year. The stock hit its low of Rs 702.85 on June 23, 2023, but reached a record high of Rs 1,607.95 on June 3, 2024. However, it has since dipped by 10% from its…
Paytm shares faced pressure as three block trades, totaling up to 1.1 percent of equity or approximately 72.5 lakh shares, were reportedly transacted, according to a Bloomberg report. The identities of buyers or sellers were not immediately disclosed. One 97 Communications’ shares experienced a decline with significantly higher trading volumes, exceeding 3.2 times the three-month…
HFCL shares: Amidst a surge in the overall market on Tuesday, shares of HFCL reached a new 52-week high. The stock increased 9.21% to settle at Rs 128.80 on the BSE, up from the previous closing of Rs 117.80. On the BSE, HFCL’s stock opened higher at Rs 123.15. Following the company’s announcement that it…
Bajaj Housing Finance, a subsidiary of the Bajaj Group and backed by Bajaj Finance and Bajaj Finserv, has submitted a draft red herring prospectus (DRHP) to the Securities and Exchange Board of India (Sebi) for its proposed initial public offering (IPO) aiming to raise to Rs 7,000 crore. The business had previously said that a…
Nithin Kamath: Thanks to SEBI’s progressive legislation, US markets made news last week when they switched to the T+1 settlement cycle, matching the one that Indian bourses implemented two years earlier. This action has spurred conversations about instantaneous settlement, the next major development in the financial markets. Nithin Kamath, co-founder of Zerodha, finds the transition…
Paras Defence and Space Technologies Ltd witnessed a remarkable surge of 20 percent, reaching a new 52-week high of Rs 1,157.25 during Friday’s trading session. With this surge, the stock, considered a multi-bagger, has recorded a remarkable gain of 109.19 % over the last year. Today, a significant number of defense-related stocks experienced a notable…
Adani Ports stock: On June 14, Adani Ports and Special Economic Zone (APSEZ) saw a rise in its share price following an upward revision in its target price by Kotak Institutional Equities, from Rs 1,550 to Rs 1,650 per share. This upgrade reflects the company’s consistent outperformance in FYTD24. Despite a sluggish start in the…
Vodafone Group intends to sell its entire $2.3 billion stake in India’s Indus Towers through stock market block deals next week, according to two sources familiar with the matter. This move is part of the British firm’s strategy to repay debt. Vodafone currently owns 21.5% of the mobile tower operator through various group entities, with…
Ambuja Cements share price: a company under the Adani Group, stated that it has acquired Penna Cement Industries Ltd. for an enterprise value of ₹10,422 cr. The share price of Ambuja Cements increased by almost 3% in early trade today, June 14, to reach a 52-week high. This comes after Penna Cement Industries Ltd. (PCIL)…
