Analysts at Emkay Global believe heightened M&A activity (like the recent Sanghi and Kesoram acquisitions) has induced a state of euphoria among small/mid-size cement players
Mankind hit record high of Rs 2,132.10, rallied 8% in intra-day trade and zoomed 97% against its issue price of Rs 1,080 per share.
In the past two months, the stock has zoomed 48% and is currently trading at its highest level since December 2022
The stock of HPL Electric & Power hit a new high of Rs 273.55, and was trading higher for the fourth straight day on Monday
On December 8, 2023, the bank's board approved allotment of up to 6.06 million equity shares on a preferential basis, to Aga Khan Fund for Economic Development, at an issue price of Rs 137 per share.
A combined 1,321 million equity shares, representing 2.7 per cent of total equity of Vi, changed hands on the NSE and BSE till 01:55 PM
Shares of Tata Motors hit a new high at Rs 801, and have zoomed 107 per cent so far in the calendar year 2023.
Tata Coffee, Tata Consumer and its wholly-owned subsidiary TCPL Beverages and Foods merger to be effective from January 01, 2024; Record date for share swap set as January 05.
Analysts believe the worst seems to be over in terms of margin compression, and are optimistic over its future growth prospects.
Thus far in the month of December, PNB has appreciated by 25% on consistent improvement in headline asset quality metrics, and steady reduction in fresh slippages over the recent past.
Since November, the stock has appreciated by 36% after the company reported earnings improvement in Q2FY24 on strong demand for its vaccines and general medicine.
Nomura estimates margins to expand on stronger volume growth, pricing discipline and relatively lower fuel cost
Shares of Gallantt Ispat hit a record high and were locked at the 10 per cent upper circuit for the second straight day on strong business outlook.
L&T classifies a 'major' order as the one worth anywhere between Rs 5,000-Rs 10,000 crore
In the past one month, BEL has outperformed the market by surging 31 per cent as the company has bagged orders worth of Rs 12,230 crore so far in the month of December
Shares of Oriental Rail Infrastructure were locked at upper circuit for the eight straight day on the BSE backed by heavy volumes.
Growth ramp up of the country's largest life insurer hinges on improved execution
Analysts at ICICI Securities have a 'buy' rating on GAIL with a 12-month target price of Rs 188 per share
The Indian machine tools market is experiencing a boost from the growing emphasis on industrial automation, which is resulting in increased overall productivity and improved ergonomics
So far in December, IWL has surged 59 per cent after it completed infusion of around Rs 800 crore (before taxes and fees) by its promoter Inox Wind Energy Limited (IWEL)