Page 87 - Deepak Korgaonkar

Q1 results impact: TCS up 2%, HCL Tech slips; Brokerages remain optimistic

TCS's management maintained that near term demand challenges remain and refrained from giving recovery timelines, implying a slow and gradual recovery ahead.

Roll of GST dice: Delta, Nazara shares slump up to 23% on D-Street

RMG refers to skill-based games that can be played for real money

Defence stocks on roll: Mazagon Dock, BDL, Cochin Shipyard surge up to 10%

Mazagon Dock Shipbuilders hit a new high of Rs 1,584, as the stock rallied 10 per cent on reports that MoD has cleared the procurement of three additional Scorpene or Kalvari class submarines.

OMCs log 52-week high on fund raising plan; HPCL, BPCL, IOC gain up to 4%

Fitch ratings have said that announcements of plans to raise equity capital by BPCL and IOC should strengthen their capex spending and the credibility of their emission-reduction plans.

ITC trades higher for fifth straight day; surges 3% in subdued market

ITC's market cap touched Rs 5.96 trillion in intra-day trade, less than 1 per cent shy from hitting the milestone of Rs 6 trillion mark.

Bajaj Finance soars 8%, hits 52-week high on strong Q1 business update

Assets under management (AUM) grew by 32 per cent to approximately Rs 2.7 trillion at the end of the June quarter

Adani Enterprises rallies 6% on report promoters sell stake via block deal

Till 10:49 am; around 23 million shares of Adani Enterprises had changed hands, as compared to an average sub 7 million shares traded over last 10 days on the NSE

InterGlobe Aviation market-cap nears Rs 1-trn mark; surges 26% in 2 months

IndiGo's market cap hit Rs 97,921 crore in intra-day trade on Tuesday and was less than 2 per cent from hitting the milestone.

ICICI Securities surges 15%; board to mull share delisting on June 29

The company plans to delist its equity shares pursuant to a Scheme of Arrangement with ICICI Bank.

Shree Cement plunges 10%; hits 5-month low amid ongoing Income Tax survey

Last week the Income Tax department initiated a survey action at five locations of the cement manufacturer.

Sugar stocks in focus; Dhampur, Uttam Sugar hit 52-wk high; soar up to 14%

The incremental tailwind is expected from attractive international prices, which could catalyse a positive in sugar realizations, Dwarikesh Sugar said in its financial year 2022-23 annual report.

Shriram Finance, Piramal Enterprises zoom 10% after huge block deals

According to media reports, Piramal Enterprises was planning to sell its entire 8.34 per cent stake in Shriram Finance via block deals on Wednesday.

Titagarh Rail hits new high on positive outlook; stock up 379% in a year

While TRSL is India's undisputed leader in the wagon manufacturing space, now it is also among India's very few integrated manufacturers of passenger rail systems.

IKIO Lighting dazzles on debut; stock lists at 38% premium over issue price

Shares of IKIO Lighting were listed at Rs 392.50, a 38 per cent premium over its issue price of Rs 285 per share on the National Stock Exchange (NSE) on Friday.

IDFC First Bank at over 6-yr high; zooms 47% in 2 months on stable outlook

In the past two months, the stock of IDFC First Bank has zoomed 47 per cent on a stable outlook

KEI Industries zooms 52% thus far in CY23 on strong financial performance

In the years to come, multiple factors will boost growth of Cables & Wires and open up an avenue of possibilities for the industry.

MRF hits Rs 100,000 mark; stock touches record high on the BSE

So far in the current calendar year 2023, MRF has outperformed the market by gaining 14% on improved financial performance. In comparison, the S&P BSE Sensex gained 3% during the period

Stock of this IT enabled services firm has zoomed over 100% in 7 weeks

Shares of Datamatics Global Services (DGSL) hit a new high of Rs 609.20, surging 12 per cent on the BSE in Monday's intra-day trade.

Zomato hits fresh 52-week high; surpasses its IPO price after a year

Zomato reported better-than-expected operating performance in the March quarter (Q4FY23)

HAL hits new high on stock split plan; zooms over 700% from March 2020 lows

The board of directors of state-owned defence company will meet on June 27 to consider a proposal of stock split of the equity shares of the company having a face value of Rs 10 each