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Stock Market Highlights, June 11: Sensex, Nifty end flat on late sell-off; RIL, ITC weigh

Stock Market highlights on Tuesday, June 11, 2024: The BSE Sensex ended 33 points lower at 76,457, while the Nifty was up six points at close; Broader indices, however, settled with decent gains.

IRB Infra block deal: Stock drops 9% after over 600 mn shares change hands

Reports suggested Cintra, a toll road subsidiary of the Dutch major Ferrovial, was looking to sell up to 5 per cent stake in IRB Infrastructire Developer

This defense stock soared 114% in last six months, rallied 214% in one year

Shares of PTC Industries, an Indian defense manufacturing company rose 5.2 per cent at Rs 11,753.95 per share on the BSE in Tuesday's early morning trades

RVNL share price surge 3% on multiple order wins; up 52% in 3 months

The uptick in share price came after the state-owned railway company secured multiple orders on June 10, after market hours

Stock Market Highlights, June 10: Sensex snaps 3-day winning run, dips 203 pts; IT, HDFC Bank weigh

Stock Market Highlights on June 10: The broader markets, however, stayed afloat with the BSE MidCap, and SmallCap indices adding up to 1 per cent

Fertiliser stocks zoom up to 7% amidst healthy monsoon expectations

Shares of fertiliser companies rose up to 7 per cent on the BSE in Monday's intra day deal amidst healthy monsoon predicted by IMD

Cement stocks rally up to 10% on Monday, Ultratech hits record; here's why

Cement stocks: The rally comes amid hopes of sustained push on infrastructure development and government-driven capex continuing in India

Motilal Oswal surges 19%, hits all-time high as shares trade ex bonus

The Board of Directors, on May 9, had fixed the Record Date as Monday, June 10, 2024, for the purpose of the Bonus Issue

This smallcap iron & steel firm plans share buyback; stock up 187% in 1 yr

The board of directors of Godawari Power & Ispat are scheduled to meet on Saturday, June 15, 2024 to consider and approve a proposal for buyback of equity shares.

Samvardhana Motherson gains 4% on Moody's rating upgrade; Outlook 'stable'

The auto components manufacturer's stock price jumped after Moody's Rating upgraded the credit rating of SAMIL and Samvardhana Motherson Automotive Systems Group B.V (SMRP B.V)

Kronox Lab Sciences debuts with 21% premium over issue price, slips later

Kronox Lab Sciences listing: While the listing marked a positive performance, it fell short of pre-listing expectations fueled by the high grey market premium (GMP)

Dalmia Bharat stock surges after subsidiary acquires stake in solar firm

Dalmia Bharat shares surged by 2.93 per cent at Rs 1,862.10 per share on the Bombay Stock Exchange (BSE) in Monday's intraday deals

Mphasis block deal: Stock slips 5% after nearly 30 mn shares change hands

Mphasis share price: While the buyers and sellers could not be ascertained, reports said BCP Topco, an affiliate firm of BlackStone, was the likely seller

KEC International soars 8% on securing multiple orders; details here

KEC International's transmission and distribution (T&D) business has received orders for T&D projects in India, East Asia Pacific, and the Americas

EIH Associated Hotels surges 17%, hits record high on bonus issue plan

EIH Associated Hotels said that its board will meet on Friday, June 14, 2024, to consider and recommend, capitalisation of reserves by issuing bonus shares to the equity shareholders of the company

Wardwizard Innovations up 20% on $1.29-billion order from Beulah Int'l

WIML will deliver its existing electric two-wheeler and three-wheeler models to the Philippines, alongside developing new four-wheeler commercial vehicles specifically for the Philippines market

Travel platform Ixigo IPO opens for bids today: Should you apply or not?

On June 07, Ixigo secured Rs 333.05 crore from anchor investors, offering a total of 35,811,405 shares

Indian Pesticides share price climbs 10% on commissioning new plant

India Pesticides is a chemical manufacturer engaged in agri chemicals business, primarily including manufacture, sale and distribution of insecticides, fungicides

TCS shares gain after launching first Generative AI aggregator platform

The platform, which is a first in its category for the country, will remove barriers for customers to develop and launch business solutions, allowing for real-time experimentation across vendor

Dixon Tech stock rallies 3%, tops Rs 10K mark for first time; details here

This uptick in stock price followed the company's announcement of its intention to establish a joint venture (JV) with HKC Corporation