Page 460 - Si Reporter

Sensex soars 556 pts, Nifty tops 19,400; Metal index rallies 3%, Auto 2%

Closing Bell on September 1, 2023: In the broader markets, the BSE MidCap and SmallCap indices added 0.75 per cent each

Aug auto sales: Maruti scales new high; M&M m-cap nears Rs 2 trillion

Maruti Suzuki (up 4% at Rs 10,390) and M&M (up 2% at Rs 1,604.55) hit their respective new highs, and rallied up to 9% in the past five days as compared to a less than 1% rise in the S&P BSE Sensex.

MTAR Tech surges 23% in 2 days on receiving Defence Industrial Licence

MTAR Tech is targeting a revenue growth of 45 per cent to 50 per cent in FY24, backed by robust order book with an Ebitda of 28 per cent

ONGC, Oil India rally up to 6% after government hikes natural gas price

The government on Thursday hiked the price of domestic natural gas to $8.6 per metric million British thermal units (MMBtu)

Metal stocks shine; Tata Steel, Hindustan Copper, SAIL surge up to 5%

The key steel consuming sectors are expected to perform well in FY24, supported by a rise in infrastructure spend by the Government and gradually improving semiconductor supply

ITD Cementation hits record high on bagging Rs 3,290 crore marine contract

So far in the financial year 2023-24, the stock price of the company has more-than-doubled or zoomed 136 per cent

Genus Power freezes 5% upper circuit on order wins worth Rs 2,247 crore

The company has received a letter of award (LOA) of Rs 2,247.4 crore for appointment of Advanced Metering Infrastructure Service Providers (AMISPs)

Maurti Suzuki gains 3% to hit fresh lifetime high in a weak market

The stock of automobile major quoted higher for the fourth straight day, surging 6 per cent during the period

Sensex sinks 256 pts, Nifty ends below 19,300; SmallCap index holds fort

Closing Bell on August 31, 2023: Bajaj Finance, IndusInd Bank, Axis Bank, HUL, SBI, Power Grid, Nestle India, TCS, Tata Motors, JSW Steel, Bajaj Finance, ITC, and RIL slipped up to 1.2 per cent

Westlife Foodworld hits new high; stock up 10% in 2 days on healthy outlook

According to analysts, Westlife will continue outperforming peers, with strengthening of the meal platform, snacking leadership and improved touch-points via omni-channel investments

Alok Industries up 13% in muted market as 116 million shares change hands

On August 14, billionaire Mukesh Ambani-owned Reliance Industries said it would likely invest around Rs 14,200 crore in its subsidiaries in the current financial year

Kalyan Jewellers hits record high in subdued market; zooms 134% in 3 months

The management is upbeat about the upcoming new showroom launches and said they are gearing up with fresh collections and campaigns for the upcoming festive and wedding season across the country

Gokaldas Exports crashes 10% as investors book out post 42% rally in 2 days

On Tuesday, the readymade garment manufacturer and exporter entered into an agreement to acquire Atraco Group for $55 million

Adani stocks retreat on OCCRP report; Adani Energy, Adani Power slide 4-5%

Adani Group today categorically rejected allegations of hidden foreign investors in a report by the George Soros-owned Organised Crime and Corruption Reporting Project.

Medplus Health tumbles 8% as 13% equity changes hands via block deals

As per reports, PI Opportunities Fund and Lavender Rose Investment Ltd were, together, looking to pare their up to 8 per cent stake in the company

Aeroflex makes stellar debut, lists at 83% premium over its issue price

Backed by famous investor Ashish Kacholia, Aeroflex made a strong debut on exchanges as shares listed at 83% premium of Rs 197.4 over its issue price of Rs 108 per share on the BSE

BPCL, IOC, HPCL stocks slide 1-3% on reports OMCs may bear LPG subsidy cost

The move is also sentimentally negative for OMC stocks as investors fear that price cuts on petrol and diesel could be next in line ahead of the assembly and general elections

Hotel stocks in focus; Indian, EIH, Chalet hit new highs, surge up to 7%

Growth in the industry is largely expected from domestic demand which is expected to remain strong through FY 2023-24

Stock of this smallcap commercial vehicle company has zoomed 50% in 6 days

Atul Auto was locked in the 10-per cent upper circuit at Rs 570.40 on the BSE with a combined 1.4 million shares having changed hands in trades

Shakti Pumps zooms 18% on winning Rs 358 cr-order from Haryana government

The company received its first work order under the KUSUM-3 scheme from Haryana Renewable Energy Department (HAREDA) for 7,781 pumps