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…
Axis Bank stock: On the morning of April 24, Axis Bank shares rose by 0.5 percent as investors anticipated the announcement of the March quarter results. The third-largest private sector lender in India is projected to post a net profit of Rs 6,098 crore, contrasting with a loss of Rs 5,728 crore in the corresponding…
Vodafone Idea announced today its plans to initiate a Follow-on Public Offer (FPO) of equity shares valued at up to Rs 18,000 crore next week.The FPO commences on April 18 and concludes on April 22. The company stated in an exchange filing that the anchor bids would be approved on April 16. The floor price…
Adani Power shares: Adani Power Limited saw its shares rise by over 4 percent during early trading on March 27, following the approval granted by the fair trade regulator Competition Commission of India (CCI) for the company’s planned acquisition of Lanco Amarkantak Power. Adani Power has put forth a proposal to obtain full ownership, including…
Rategain shares: On the morning of March 26, RateGain Travel Technologies saw a promising uptick of over 3 percent following its announcement of a strategic collaboration with Madrid-based Summerwind GSA for airline representation. The company emphasized that its AI-powered pricing solution, AirGain, will join forces with Summerwind’s extensive industry expertise and worldwide presence. Through this…
Over the last year, NALCO has gained approximately 57%, surpassing the Nifty, which has increased by roughly 20% during that same time. The National Aluminium Company Limited (NALCO) saw a 3 percent increase in its shares during the morning trade on January 10, following the presentation of the three-decade plan for growth and sustainable business…
Suzlon Energy stock has increased by 125 percent in the last six months and by 283 percent in the last year, more than tripling investors’ money. Suzlon Energy shares rose more than 2% on January 5 after the company received a new order from Everrenew Energy Private Ltd for the development of a 225-MW wind…
