InterGlobe Aviation, IndiGo Airlines’ parent company, is experiencing a significant upward trend in its stock price, marking the longest winning streak since it was listed in November 2015. The stock has been on an upward trend for the twelfth consecutive day as of December 13, setting a new record for continuous gains, surpassing its previous…
IRCTC share price: After closing at ₹749.55 on Friday, shares of Indian Railway Catering and Tourism Corporation opened higher on Monday at ₹750.65. Within minutes of the morning session today, the stock touched an intraday high of ₹766.55. At midday, the stock was up almost 2 percent, trading in the green at ₹760. During Friday’s…
Adani Infrastructure: Bimal Dayal, the head of Adani Energy Solutions’ transmission business, has been named CEO of Adani Infrastructure India. According to PTI, this decision has been approved by AESL’s board of directors. Adani Energy Solutions Ltd (AESL) stated in an official statement that Dayal will oversee the implementation of Adani Infrastructure India’s pipeline of…
Stocks to buy this week: ITC, HUL, Concor and GAIL In intraday trading on Monday, December 4, the Nifty 50 increased by more than 2 percent to reach a new high of 20,702.65. This was due to the Bharatiya Janata Party (BJP) winning three important states on Sunday, which increased the party’s chances of winning…
Holdings to Monitor – New Delhi The stocks listed below may be of interest on Monday: Tata Power: Has emerged victorious in the bidding process to acquire Bikaner-III Neemrana-II Transmission, a project SDV established by PFC Consulting, an affiliate of Power Finance Corp. Build-Own-Operate-Transfer will be the project’s development model. Transmission service will be provided…
Sheetal Universal Ltd, a supplier of agricultural commodities, is set to kick off its IPO subscription on Monday, December 4. The Company IPO falls under the SME category and follows a fixed pricing structure. The IPO allotment is anticipated to be finalized on December 7, and the public issue will close on December 6. The…
Metro Brands: In the wake of the company’s announcement on Wednesday of a strategic alliance with New York-based specialty athletic retailer Foot Locker, Inc., Metro Brands’ share price surged over 9% to reach a 52-week high on Thursday’s trading. On the BSE, Metro Brands’ shares began trading at ₹1,371.50 each. The share price of Metro…
The Servotech Power Systems Ltd. board of directors changed the issuance price per equity share from ₹82 to ₹83.40 million. The preferred issue price was updated by the corporate board during its Tuesday meeting. Servotech Power Systems’ preferred issue price changed, resulting in a ₹75.06 crore issue size instead of ₹73.80 crore. Servotech Power Systems…
Cipla: Jefferies has cautioned that Cipla’s FY26E earnings per share might be jeopardized by lengthy corrective action on the issued warnings. Following the US Food and Drug Administration’s (FDA) warning letter about the pharmaceutical company’s Indore factory, investors in Cipla are apprehensive. Following the release of the letter’s specifics, which highlighted data integrity concerns at…
Tata Technologies IPO: GMP increases following a robust subscription status. How to check allocation, all eyes focused on the date of listing Following the conclusion of the subscription period for Tata Technologies Ltd.‘s initial public offering (IPO), all eyes are now focused on the dates of the IPO allocation and listing. Tata Technologies’ IPO allotment…
