GAIL Shares: Shares of GAIL India surged 3 percent to Rs 214 in afternoon trade on June 11 after Morgan Stanley reiterated its ‘buy’ recommendation on the stock, spurred by the company’s plans to establish a 1,500 KTA ethane cracker project in Madhya Pradesh valued at Rs 60,000 crore. The international brokerage has set a…
Reliance Infrastructure stocks: Shares of Reliance Infrastructure Ltd saw a sharp uptick in Monday’s trading session, surging 14.55 percent to reach a high of Rs 192.15. The stock was last observed trading 9.15 percent higher at Rs 183.10. Despite this rise, the scrip has declined by 13.08 percent on a year-to-date (YTD) basis. Recently, Reliance…
Wipro stocks: Wipro shares surged 5.5% to reach an intraday high of Rs 486.40 from its last close of Rs 461. The sharp increase in the company’s stock price followed the announcement of a significant deal worth $500 million with a prominent US Communication Service Provider. According to a filing by the company to the…
Heritage Foods: For the second straight session, Telugu Desam Party (TDP)-affiliated companies’ shares, such as KCP Ltd. and Heritage Foods Ltd., continued to rise on Thursday. This resulted from press reports stating that Chandrababu Naidu, the leader of the TDP, may support the National Democratic Alliance (NDA) and that he is anticipated to become the…
Adani Group stocks shot higher on Monday, with the majority reaching their 52-week highs. This was in response to the general upbeat mood of the Indian markets, which was heightened by exit polls that showed the government led by Prime Minister Narendra Modi winning handily with a sizable majority for the third time in a…
Super Sales India Q4 results: Super Sales India disclosed their Q4 results on May 29, 2024, revealing a 3.74% increase in revenue year-on-year. Despite this uptick, the company experienced a significant downturn, incurring a loss of ₹1.95 crore for the quarter, a stark contrast to the ₹5.22 crore profit reported in the same period of…
Bharat Gears Q4 results: Bharat Gears unveiled its fourth-quarter results on May 29, 2024, disclosing a year-on-year decline in revenue by 4.86%. Alongside this downturn, the company reported a loss amounting to ₹1.75 crore. During the corresponding period in the previous fiscal year, Bharat Gears had recorded a profit of ₹0.83 crore, underscoring a notable…
Maruti Suzuki India (MSI) announced a price reduction for multiple models within its Auto Gear Shift (AGS) lineup on June 1, as reported in a filing with the exchanges. The price adjustments apply to various popular models, including the Alto K10, S-Presso, Celerio, Wagon-R, Swift, Dzire, Baleno, Fronx, and Ignis. While the company confirmed the…
GR Infra stock: During Thursday’s trading session, shares of G R Infraprojects Ltd surged by over 4 percent initially but later relinquished their gains as the session unfolded. Brokerage firms maintained a mixed outlook on the stock, with certain analysts indicating a potential downside of 40 percent in the counter. GR Infraprojects recorded a significant…
Adani Group shares took center stage during Friday’s trading session as listed entities within Gautam Adani’s conglomerate surged by 14 percent throughout the day. The diversified conglomerate maintained its consistent upward trajectory on the path to recovery following the critical report issued by the US-based short seller Hindenburg Research in January 2023. During Friday’s trading…
