BEL stocks: On Friday, Bharat Electronics Ltd (BEL) announced that it had secured new orders amounting to Rs 3,172 crore. According to a BSE filing, BEL signed a contract with Armoured Vehicles Nigam Ltd (AVNL) on June 28, 2024, at AVNL Headquarters in Chennai. BEL announced that it will supply and install an advanced, domestically…
RBL Bank shares: Shares of RBL Bank Ltd increased by 3% in early trading after the bank’s board approved raising up to Rs 3,500 crore through qualified institutions placement in one or more tranches, as well as Rs 3,000 crore through the issuance of debt securities on a private placement basis, also in one or…
India Cements stocks: Shares of India Cements Ltd saw a significant increase in Wednesday’s trading session, surging 17.53 percent to reach a day high of Rs 269.50. At this level, the stock was just 2.71 percent below its 52-week high of Rs 277, which was achieved earlier this year on January 4. The scrip of…
Muthoot Microfinance shares: In Tuesday’s afternoon session, shares of Muthoot Microfinance rose by more than 6% following the announcement that the firm has been granted a corporate agent license by the Insurance Regulatory and Development Authority of India (IRDAI). This license allows Muthoot Microfinance to provide customized insurance products to its customers. Muthoot Microfinance’s stock…
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…
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…
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…
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…
Inox Wind stock: In early trading on the BSE, Inox Wind shares emerged as the top losers, following reports indicating that the company’s promoter entity, Inox Wind Energy Ltd, had divested up to a 5% stake in the company through a block deal. The transaction was carried out at a floor price of Rs 151…
IRFC share price: Indian Railway Finance Corporation Ltd (IRFC) shares, which drew attention following the Q4 results, rose by 3.5 percent in morning trades on Tuesday. The company announced its financial performance for FY24 and Q4 FY24 on Monday, March 20, 2024. Indian Railway Finance Corporation Ltd (IRFC) shares have surged nearly 419% over the…
