Page 480 - Si Reporter

IT stocks shine in lacklustre trade; Sensex ends 99 pts higher

CLOSING BELL ON JUNE 12, 2023: The Nifty reclaimed the 17,600 level; In the broader market, BSE Midcap index advanced 0.5 per cent, and Smallcap added 0.7 per cent on Monday.

Go Fashion slips 5% after over 10% equity change hands on NSE

According to reports, the Indian arm of US venture capital firm Sequoia Capital was planning to sell 10 per cent stake in Go Fashion (India) worth Rs 625 crore on Monday in block deals.

Sensex dips for 2nd day, falls 223pts; Nifty gives up 18,600; IEX tanks 10%

CLOSING BELL, JUNE 9, 2023: Tata Steel, HUL, State Bank of India (SBI), Infosys, HCL Tech, Asian Paints, ITC, TCS, and RIL were the top laggards

Titagarh Wagons rallies 8%; board to meet Saturday to consider fund raising

A meeting of the board of directors of the company is scheduled on Saturday, June 10, 2023 to consider a proposal to raise funds

Greenlam soars 15% as plywood facility begins operations in Tamil Nadu

The said facility has the potential to generate revenue of Rs 400 crore per annum on full capacity utilization. The total capex incurred for the project stands at Rs 130 crore

Macrotech Developers hits 52-week high; surges 5% on healthy outlook

MDL's operating performance is expected to remain healthy in FY24, supported by healthy enduser demand, strong launch pipeline and healthy affordability, while maintaining a reducing debt trajectory.

Bank of Maharashtra slips 7% as new shares allotted to QIBs get listed

The board of Bank of Maharashtra on Tuesday, June 6, 2023 allotted 350.88 million equity shares of Rs 10 each allotted to QIBs pursuant to QIP

Sensex sinks 294 pts as RBI keeps repo rate unchanged, Nifty nears 18,600

CLOSING BELL, JUNE 8, 2023: Sun Pharma, Kotak Bank, Tech M, M&M, Axis Bank, HUL, Tata Motors, TCS, Nestle India, and Bajaj twins dropped between 1 per cent and 3 per cent

Apollo Pipes soars 6% to hit new high on healthy outlook; up 42% in 2023

CRISIL Ratings expects APL's revenue to grow by 11-12 per cent in the current fiscal 2024 supported by healthy demand, with Ebitda margin improving to 10-12 per cent

Aether Inds soars 10% on inking pact with US-based Oil Field Services firm

The company executed Letter of Intent (LoI) with USA based leading global Oil Field Services Company for strategic supplier and contract manufacturing partnership.

Rate sensitive shares trade mixed after RBI keeps repo unchanged at 6.5%

The Nifty Bank, Nifty Financial, Nifty Private and Nifty PSU Bank indices were up 0.35 - 0.51 per cent, while Nifty Realty and Nifty Auto indices were down 0.10 - 41 per cent .

BSE Power index gains 2% on hopes of higher demand; NTPC hits 5-year high

Ratings agency ICRA said the likelihood of El Nino in FY24 may have a positive impact on electricity demand.

Zen Technologies surges 10% on order win worth Rs 202 from Defence Ministry

Thus far in the calendar year 2023, the stock of India's leading anti-drone technology and defense training solutions provider has zoomed 146% as compared to a less than 3.3% rise in the Sensex

Sensex up 350 pts, ends atop 63K; Nifty tops 18,700 amid broad-based buying

CLOSING BELL, JUNE 7, 2023: The frontline indices ended at 6-month highs

Suzlon Energy soars 18% to hit over 5-year high amid heavy volumes

A combined 1,121 million shares, which represented 11.1 per cent total equity of Suzlon Energy changed hands on the NSE and BSE

Tata Motors market cap scales record high; tops Rs 2 trillion mark

Thus far in the calendar year 2023, shares of Tata Motors and Tata Motors DVR have rallied 48 per cent, as compared to 2.8 per cent rise in the S&P BSE Sensex.

Torrent Power soars 9% on inking MoU with Maharashtra govt for 3 projects

The company has signed a MoU with the Maharashtra government for setting up three Pumped Storage Hydro Projects of 5,700 MW capacity in Maharashtra, would entail an investment of about Rs 27,000 crore

HBL Power rallies 10%; hits new high after nearly 7% equity changes hands

Till 02:50 PM; a combined 19.2 million equity shares, representing 6.9 per cent of total equity of HBL Power, had changed hands on the NSE and BSE

Maan Aluminium zooms 19% on bonus issue, stock split plan

The company said the board will meet on Friday, June 9, to consider bonus issue and stock split proposal

Force Motors gains 4% to hit a new high on healthy May sales numbers

The company reported a healthy 30 per cent year-on-year (YoY) and month-on-month (MoM) jump in its total sales of 2,645 units in May month.