The Smart Investor News

Ola Electric launches the S1Z, bringing its indigenous Bharat Cell LFP technology to affordable electric scooters.

Madhuri Kela portfolio stock: MV Electrosystems listed on August 6; the stock rallied 37% in the last two days, and skyrocketed 80% against its issue price of ₹425 per share.

HSBC Global Investment Research initiated coverage on Manipal Hospitals with a 'Buy' rating and a target price of ₹1,000 per share.

Advent International and Blackstone-backed Aster DM Quality Care are in discussions to acquire a controlling stake in Yatharth Hospital.

Federal-Mogul Goetze board on Thursday declared an interim dividend of ₹7.50 and a special dividend of ₹86.50 per equity share.

IT stocks rallied on Friday after Nvidia's strong revenue forecast reinforced optimism around the artificial intelligence (AI) boom.

Hero MotoCorp, the biggest shareholder in Bengaluru-based Ather Energy, held a 29.88 per cent stake as of August 25.

Tejas Networks' share price opened at ₹540.60 on the BSE today as against the last closing price of ₹510.85 apiece. Soon after it rallied to the intraday peak of ₹576.80.

Tempsens Instruments shares listed at ₹634 on the NSE, a premium of 111.33 per cent against the offer price of ₹300.

On a year-to-date (YTD) basis, HDFC Bank has declined 28 per cent and remains 8 per cent lower than in the last five years.

Jindal Saw, Man Industries, Ratnaveer Precision and Welspun Corp traded up to 6% higher in Thursday's intra-day deals on the BSE.

The strong capex cycle in the thermal power sector propelled the company's order book and execution. In addition, the management has focused on structurally favourable terms in the orders, says Ind-RA

Motilal Oswal Financial Services has initiated coverage of Adani Enterprises with a 'Buy' rating and a target price of ₹3,880, implying a 25 per cent upside from the previous close of ₹3,112.

Bombay Burmah's stock surged after the Supreme Court withdrew its earlier observation on the ₹4,655 crore lease rent liability.

The Singapore International Commercial Court has dismissed the Company's challenge, holding that there was no breach of natural justice.

Under the share-swap ratio, Sapphire Foods shareholders will receive 177 shares of Devyani International for every 100 shares held in the former as of the record date, which will be announced later.

According to BSE data, at 09:15 AM on Thursday, as many as 10.09 million equity shares representing 2.04 per cent of total equity of ICICI Prudential AMC changed hands.

At 12:07 PM on Wednesday, the Nifty Cement index was up 1.3 per cent at 15,057.10, compared to a 0.24 per cent decline in the NSE benchmark Nifty 50.

IDBI Bank said there is no undisclosed/price sensitive information or any impending announcement that needs to be informed to the stock exchanges at this point of time.

Hindustan Zinc stock: Jefferies has raised the target price to ₹750 from ₹660 and retained a 'Buy' rating. The target implies an upside of 26 per cent from the previous close of ₹592.60.