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Stock Market Rally Highlights: Sensex soars 1,960 pts, Nifty ends above 23,900; SBI, TCS jump 4%

Stock Market Highlights: Benchmark Indian equity indices, the BSE Sensex and NSE Nifty50, settled higher by over 2 per cent each on Friday.

Praj Industries shares fly 11% as Co expects to triple revenues by 2030

The rise in the Praj Industries scrip came after the company said that it is expecting to triple its revenues by 2030, during a press conference

LTIMindtree rises 3% after LIC increases stake by 2% via open market

LIC increased its shareholding from 1,49,06,665 shares to 2,08,34,009 shares which translates to a shareholding from 5.033 per cent stake to 7.034 per cent

Raymond gains 7% as BSE, NSE give nod to demerger & listing of realty biz

This development comes after, on July 4, 2024, Raymond's board of directors approved the demerger of Raymond and Raymond Realty Limited

Mphasis stock gains over 3% on signing pact with MoneyGram Haas F1 Team

Shares of Mphasis rose 2.54 per cent at Rs 68.95 per share on the BSE in Friday's intraday deals

Ola Electric's shares gain on reports of layoff over 500 employees

According to reports, Bhavish Aggarwal led Ola Electric is undergoing a restructuring exercise impacting over 500 employees, approximately 12 per cent of its 4,000-strong workforce

Innovators Facade up 10% on securing Rs 110-cr order from Prestige Mulund

The work order from Prestige Mulund Realty is for designing, developing, supplying, fabricating and installing façade work including stone cladding

Tata Power signs deal with Asian Development Bank for $4.25 bn; stock up

The rise in Tata Power share came after the company announced that it has entered into a memorandum of understanding (MoU) with ADB for $4.25 billion to finance key clean energy power projects

Protean eGov down 10% as NSE Investments begins selling up to 20.3% stake

The company said that NSE Investments, a non-promoter, has proposed an offer to sell 41,17,303 shares which translates to a 10.16 per cent stake via OFS.

Rs 1,274-cr order sends Afcons Infrastructure stock 4% higher; details here

The uptick in the shares of Shapoorji Pallonji Group's flagship company, Afcons Infrastructure, was fuelled by Rs 1,274 cr order from Uttarakhand Project Development and Construction Corporation Ltd

SJVN inks MoU with Energy Dept of Rajasthan government; stock rises 5%

The share price of SJVN soared after the company announced that it has inked a MoU with the Energy Department, Government of Rajasthan to spearhead the development of renewable energy in the state

One 97 Communications stock gains 3% as Paytm unveils UPI International

The northward move in the stock price is fueled by the news that the company has launched UPI International, allowing Indian travelers to make UPI transactions in 6 foreign countries

UPL shares in demand after Alpha Wave Global buys 12% stake in subsidiary

Shares of agrochemical firm, UPL gained up to 3 per cent at Rs 563.30 a piece on the BSE in Thursday's intraday deals

Upcoming IPO: Education services provider Crizac files DRHP with Sebi

The Crizac IPO comprises an entirely offer-for-sale of the company's shares with a face value of Rs 2 per equity share, aggregating up to Rs 1,000 crore

This microcap stock jumped 11% to 52-week high ahead of ex-dividend date

Premco Global has announced a special dividend of Rs 39 per share of Rs 10 each (390 per cent) for the financial year 2024-2025

Here's why Zaggle Prepaid shares were locked in 5% upper circuit today

The Zaggle share price rose after the company announced that it has entered into an Supplier Framework Agreement with Strada India Private Limited

Power Grid shares charge on securing power transmission project in Gujarat

Shares of Power Grid Corporation India gained up to 2.58 per cent at Rs 323.20 a piece on the BSE in Thursday's intraday

VIP Ind up 7% on reports Advent Int'l may acquire controlling stake

The promoters of VIP Industries have put their entire stake (51.74 percent) up for sale, which could trigger an open offer as per regulatory guidelines, the report added

This PSU metal stock has zoomed 170% in one year; trades at new high

NALCO shares continued their upward movement hitting a new high at Rs 252.65, up 5% in intra-day trades and have surged 15% in the past 3 days after China said it would cancel export tax rebates.

Indo US Bio-Tech shares up 3% on declaring dividend on Nov 21; details here

The uptick in Indo US Bio-Tech shares came after the company announced that the Board of Directors of the company has declared an interim dividend of Rs 0.25 per equity share for FY25