Page 463 - Si Reporter

Sensex ends flat amid range-bound trade; Broader mkt, new-age shares rally

CLOSING BELL ON AUGUST 22, 2023: BSE MidCap and SmallCap indices rallied up to 0.9 per cent, while the NSE Nifty 50 ended with a notional gain of 3 points at 19,396.

Mahindra Lifespace rallies 9%; hits record high on strong growth outlook

The new CEO Amit Sinha has outlined ambitious business growth of 5x over the next 5 years from around Rs 2,268 crore of residential and IC business sales to Rs 8,000-10,000 crore by FY28.

Dredging Corporation surges 14%, hits over 4-year high on solid Q1 results

The company said that they are aiming at a record highest turnover of Rs 1,200 crore for FY24

Stocks to Watch: Adani Power, Glenmark Pharma, Union Bnk, SJS, Paytm, RITES

Stocks to watch on August 22, 2023: As per reports, about 30 per cent equity worth Rs 541.5 crore will change hands via a block deal in SJS Enterprises today

Sensex ends 267 pts up; Adani Group stocks shine; Jio Fin dips 5% on debut

CLOSING BELL ON AUGUST 21, 2023: The NSE Nifty 50 ended with a gain of 84 points at 19,394. Jio Financial Services settled at the 5 per cent lower circuit on debut on Monday.

Here's why Adani Power, Adani Energy shares rallied up to 16% in 3 days

In the past three trading days, Adani Energy Solutions and Adani Power have rallied more than 12 per cent after promoter and foreign portfolio investors (FPI) bought stake via open market

Bharat Forge hits 52-week high as arm secures order worth Rs 850 crore

In an exchange filing on August 21, the company said that Kalyani Strategic Systems, Bharat Forge's wholly-owned subsidiary bagged two export orders to be executed over 18 months timeline

Data Patterns rallies 9% to hit record high on strong order book position

The government's focus on liberalising foreign investment restrictions to achieve self-reliance under the 'Atmanirbhar Bharat' initiative is expected to keep the sector on a strong growth trajectory

Lemon Tree up 4%; hits new high on launching its first hotel in Rajkot

In past two days, the stock has surged 11 per cent after as the company launched its first property in Rajkot, and the sixth property of the group in Gujarat.

PNB Housing Finance jumps 8% on recovery of Rs 784 crore corporate NPA

So far this calendar year, the stock has rallied 56 per cent, as against a 6 per cent rise in the S&P BSE Sensex

Textile stocks in demand; Gokaldas, Indo Count, KPR surge up to 6%

Government initiatives like signing of FTAs with multiple countries & stability in export incentive policy to provide robust opportunities for Indian exporters.

KEC International zooms 8% on securing multiple orders worth Rs 1,007 cr

Among others, the company secured its first order to construct a Multispeciality Hospital in India, on design-build basis.

RBI appoints P R Seshadri as South Indian Bank MD & CEO; stock zooms 11%

RBI has approved the appointment of P R Seshadri as Managing Director & CEO of the Bank for a period of three years with effect from October 1, 2023.

IT, HDFC Bank, M&M send Sensex 202 pts down; Adani Ent gains 4%, RIL 1%

Closing Bell on August 18, 2023: The Nifty50, meanwhile, ended at 19,310, down 55 points

RIL rebounds 3% from day's low ahead of Jio Financial listing on August 21

Shares of Reliance Industries touched an intra-day high of Rs 2,576, bouncing back nearly 3 per cent from its intra-day low of Rs 2,508.50 on the BSE

Gokaldas Exports soars 6%, nears record high on hopes of biz revival in H2

The management said they are optimistic about revival of the business in H2FY24, and are bullish on the long-term prospects of the company

Adani Group shares in demand; Adani Power, Energy Solutions surge up to 12%

According to reports, Abu Dhabi National Energy PJSC (TAQA) is looking to double down in India and evaluating a large exposure in the expansive power businesses of Gautam Adani.

CG Power surges 4% in weak market, hits new high on strong biz outlook

Thus far in the calendar year 2023, the stock has rallied 59 per cent as compared to 6 per cent rise in the S&P BSE Sensex

Sula Vineyards jumps 4% as wine tourism clocks record revenue over weekend

So far this calendar year, the stock of this wine producer has surged 54 per cent, as against a 7 per cent rise in the S&P BSE Sensex

GMM Pfaudler tanks 11%, hits 52-week low after huge block deal

At 09:15 AM; around 5.92 million equity shares representing 13 per cent of total equity of GMM Pfaudler changed hands at the counter on the BSE, the exchange data shows.