Page 476 - Si Reporter

Auto, Pharma stocks shine in lacklustre trade; IdeaForge IPO subscribed 3x

CLOSING BELL ON JUNE 26, 2023: The Sensex ended on a flat note, down 9 points, while the NSE Nifty 50 gained 26 points in trade on Monday.

Parag Milk soars 15%; hits 52-week high after pvt fund buys stake

Sixth Sense India Opportunities III acquired over 200,000 shares of the company via the open market.

PolicyBazaar hits fresh 52-week high; stock nearly doubles from 52-week low

The stock of fintech company was trading at its highest level since May 2022.

Steel Strips Wheels hits record high, surges 9% on healthy growth outlook

SSWL is looking to expand its presence in alloy wheel with global passenger car segment customer

Sensex falls 260 pts, Nifty nears 18,650; Adani Ent crashes 7%, RIL, SBI 1%

Closing Bell on June 23, 2023: Among sectors, the Nifty Metal index fell 2.5 per cent, followed by the Nifty Media index (2.13 per cent), the Nifty IT index (0.89 per cent)

ICICI Securities surges 7% to hit 7-month high on strong growth prospects

Analysts anticipate the broking revenue to remain stable in FY24, while expect strong growth in the distribution business and in interest income, led by strong growth in the MTF book

IKIO extends rally post strong listing; zooms 67% over issue price

The stock hit a new high of Rs 477.15, surging 7% on the BSE in Friday's intra-day trade

Voltas dips 4%, nears 52-week low on concerns of tepid growth in RAC biz

As per management, the Room Air Conditioner business did well in April, but Voltas saw below-expected volume growth in the key month of May due to unseasonal rain.

Adani Group shares tumble up to 6% amid reports of US regulatory scrutiny

The US Attorney's Office in Brooklyn, New York, has sent inquiries in recent months to institutional investors with large holdings in the India conglomerate, report.

Tube Investments hits new high; rallies 5% on healthy business outlook

The stock of auto components & equipments company was trading higher for the fourth straight day, surging 14 per cent during the period.

Sensex tumbles 284 pts, Nifty below 18,800; Bajaj Fin, TaMo fall 2%, RIL 1%

Closing Bell on June 22, 2023: The S&P BSE Sensex hit a fresh record high of 63,602 in intra-day trades on Thursday

Arvind rallies 5%, hits 52-week high in subdued market on improved outlook

Arvind expects garment volumes to start improving in the second half of the year despite the soft economic outlook globally as customers become comfortable with the economic outlook and resume buying

These 2 KP Group stocks have zoomed up to 67% thus far in June

Thus far in the month of June, KPI Green Energy (66 per cent) and K P Energy (56 per cent) have outperformed the benchmark S&P BSE Sensex index

Sansera Engineering hits 52-week high; surges 9% after huge block deal

Around 7.45 million shares, representing 14.08 per cent of the total equity of Sansera Engineering, have changed hands on the NSE

Ajanta Pharma hits 52-week high on upbeat branded generic business outlook

The management is confident to scale up margins again in the coming years on the back of enhanced contribution from Branded Generics business and normalisation of freight costs

Sensex ends off record high, rises 195 pts; HDFC twins gain 2%, ITC dips

Closing Bell on June 21, 2023: The benchmark S&P BSE Sensex scaled a fresh all-time high of 63,588 on the BSE in the intra-day trade on Wednesday

Lupin hits 52-wk high; rallies 7% on US FDA nod for key respiratory drug

Lupin has received US FDA nod for Tiotropium Bromide Inhalation Powder in the strength of 18 mcg per capsule. The drug is a generic equivalent of Spiriva HandiHaler, used for pulmonary patients

Tega Ind at record high after 4% stake sale by promoters; up 53% since May

On June 19, Tega's promoters sold over 2.7 million equity shares, amounting to 4.1 per cent of the total equity share capital, to meet the minimum public shareholding norms

HDFC Life hits 52-week high; up 3% as CCI permits HDFC to increase stake

The CCI in its meeting held on June 20, 2023, has granted its approval to HDFC to increase its stake in HDFC Life to more than 50 per cent.

Aether Industries hits record high; rallies 10% on fund raising via QIP

Aether Industries on Monday, June 19, launched a QIP issue to raise up to Rs 750 crore and fixed the floor price of the issue at Rs 984.90 per share.