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Stock Market Highlights, Sept 02: Markets post record close; Sensex tops 82,550, Nifty near 25,300

Stock Market highlights: 27 out of 50 constituent stocks of Nifty50 ended higher, with gains led by Bajaj Finserv, Bajaj Finance, HCL Tech, Hero MotoCorp, and SBI Life Insurance

August auto sales impact: Hero, Eicher, and Maruti gain; TaMo, TVS slip

Automaker Tata Motors saw an 8.1 per cent drop in total sales for August 2024, totaling 71,693 vehicles compared to 78,010 units in August 2023.

Globus Spirits zooms 28% in two days; Motilal Oswal MF buys stake in co

Motilal Oswal Mutual Fund purchased 200,000 equity shares, representing a 0.69 per cent of the total equity of Globus Spirits on Friday, August 30, via block deal on the NSE.

GPT Infra stock gains 5% on emerging as lowest bidder for Rs 204-cr project

The rise in GPT Infra share price came after the company announced that it has emerged as the lowest bidder (L-1) for a project worth Rs 204 crore from CAO Construction, South Eastern Railway Kolkata.

MOIL shares slump over 3% after price reduction of manganese ore; details

The stock prices of MOIL slipped after the company announced that effective September 1, 2024, it will reduce prices across several categories of Manganese Ore and related products

Indian Hume Pipe surges 14% on securing LoI for order worth Rs 859 crore

Indian Hume Pipe has received a letter of intent, with order value of Rs 858.88 crore from Tapi Irrigation Development Corp, Jalgaon, for the construction of gravity piped distribution network.

Dividend, Stock Split: These shares trade ex-date today; are you eligible?

A dividend is a portion of a company's earnings distributed to its shareholders, representing a reward for investors, typically paid out on a quarterly or annual basis

Dividend fever hits 86 stocks! Gulf Oil others to trade ex-date next week

A dividend, often considered an additional source of income for investors upon their investment, is distributed by the company to its shareholders from its income

RVNL gets Rs 202-crore LoA from South Eastern Railway; shares gain over 4%

Rail Vikas Nigam Ltd will complete the project in an 18-month period

ECOS Mobility IPO ends today: should you bid? Check GMP & other details

The three-day subscription window to bid for the ECOS Mobility IPO, which is offered at a price band of Rs 318-334 and a lot size of 44 shares, ends today

Garden Reach inks MoU with National Highway Infrastructure; shares up 7%

The MoU entails the construction and delivery of Class 70R Double-Lane Bridges

Torrent Pharma rallies 4% as USFDA issues EIR for Gujarat facility

In the past one year, Torrent Pharma has outperformed the market by zooming 94 per cent as compared to 27 per cent rise in the BSE Sensex

Eight-day rally takes Airtel's m-cap over Rs 9.5 trn; stock hits new high

Shares of Bharti Airtel are quoting higher for the eighth straight trading day, having rallied 11 per cent during the period, and taking the company's market capitalisation to over Rs 9.5 trillion.

SpiceJet stock slips 6% after DGCA puts co under 'enhanced surveillance'

The move comes after an audit of the airline's engineering facilities on August 7 and 8 revealed certain deficiencies.

Natco Pharma rises 4% after filing ANDA for generic lung cancer drug

Natco Pharma is the first company to have filed a substantially complete ANDA for a generic cancer drug

RPP Infra Projects stock up 4% on order win from Avadi City Municipal Corp

The uptick in RPP Infra Projects shares came after the company announced that it has secured an order worth Rs 55.50 crore.

Wait Over! Premier Energies IPO allotment today; check status, GMP & more

Premier Energies shares are commanding a GMP (Grey Market Premium) of nearly Rs 421, or 93.56 per cent over the upper end of the IPO price, indicating solid listing gains for investors

Patel Engineering stock rises 6% after inking MoU with Rail Vikas Nigam

The rise in Patel Engineering share price came after the company said that it has signed a Memorandum of Understanding (MoU) with Rail Vikas Nigam Limited (RVNL), a state-owned railway company.

Sugar stocks rally up to 13% as Govt lifts diversion cap for ethanol prod

sugar mills and distilleries can produce ethanol from sugarcane juice/sugar syrup, B-Heavy molasses, as well as C-Heavy molasses, during ESY2024-25 as per their agreements with oil marketing companies

ITI bags EVM order from West Bengal State Election Commission; stock up 5%

Under the terms of order, ITI will be responsible for the supply of 500 sets of Electronic Voting Machines, the company said.