Page 507 - Si Reporter

Sensex soars 900 pts, Nifty ends near 17,600; PSBs, Adani Group stks sizzle

CLOSING BELL: The Rs 15,446 cr stake buy by GQG Partners in Adani Group, coupled with positive global cues buoyed sentiment on Friday. Heavyweights RIL, ITC and Airtel also rallied up to 3 per cent.

WPIL soars 10% on securing Rs 1,225 cr order from Madhya Pradesh Jal Nigam

Meanwhile, in the past one month, the stock of the industrial products company has zoomed 83 per cent after it reported robust December quarter (Q3FY23) results.

Techno Electric surges 9% on healthy growth outlook

The management expects growth momentum of business as well as execution to continue for the coming three years.

Nifty PSU Bank index surges 4% amid rebound in Adani group stocks

SBI, Bank of Baroda, Punjab & Sind Bank, Union Bank of India, UCO Bank, Bank of India, Bank of Maharashtra and Indian Overseas Bank were up 4 - 7 per cent each.

Adani Group shares rally up to 10% as GQG Partners buy Rs 15,446 cr stake

The promoters plan to use the proceeds to retire debt and for other purposes.

Alembic Pharma slips 5%; board approves Rs 1,150 cr as impairment charges

This one time impairment impact notwithstanding, we believe this move bodes well for future return ratios and profitability. We expect more impairments in due course, ICICI Securities said in a note.

Sensex sheds 502 pts, Nifty holds 17,300; Adani group stocks rise up to 5%

CLOSING BELL: The broader indices also outperformed, BSE Midcap and Smallcap indices were down up to 0.2 per cent as against the 0.8 per cent decline on the BSE benchmark.

Stock of this SME company has zoomed over 100% in one month

Shares of Taylormade Renewables hit a new high of Rs 163.50 today and have zoomed nearly 900 per cent in the past six months

Lumax Auto extends fall to 3rd day, slips 5% despite issuing clarification

The company said it has received information that certain entities are circulating unsolicited / unauthorised SMS / Whatsapp messages regarding the shares / securities of the Company.

Macrotech Developers surges 6% on heavy volumes; stock up 26% in 4 days

According to analysts, Macrotech Developers is expected to benefit from resilient housing demand, supply consolidation and peaking out of high interest rates.

Sonata Software hits new high; stock up 44% since start of the year

Acquisition of Quant Systems will strengthen Sonata offering in BFSI and Healthcare & Life science verticals which will aid the revenue growth of company, say analyst at ICICI Securities.

Sensex snaps 8-day losing streak, ends 449 pts up; Nifty reclaims 17,450

CLOSING BELL: IT, financial and metal shares led the market rally; Broader indices such as Midcaps and Smallcaps outperformed the benchmarks, while shares of Adani Group too finished on a solid note.

Oil India, ONGC gain up to 4% on improved earnings outlook

Sustained higher crude oil prices and gas realisations can result in better profitability for upstream companies, say analysts.

Bharat Dynamics jumps 5% on strong outlook; stock up 23% in 2 weeks

In the past two weeks, the stock rallied 23 per cent after the state-owned aerospace & defense company said that it has received export order worth $255 million

Equitas Small Finance Bank hits fresh 52-week high; stock up 38% in a month

On February 8, the board approved allotment of 789.5 million equity shares (swap ratio at 231:100) of Equitas SFB to the eligible shareholders of the erstwhile Equitas Holdings.

Adani Enterprises soars 12%; mining arm gets LoI for Odisha Bauxite block

Adani Enterprises on Tuesday said its wholly-owned subsidairy Mundra Aluminium was declared as the preferred bidder for the Kutrumali bauxite block by the Odisha government.

Gujarat Pipavav Port nears 52-week high; stock surges 18% in one month

The stock was up 4% to Rs 108.85, and was trading close to its 52-week high level of Rs 109.35 touched on December 30, 2022

Cipla falls 4%, nears 52-week low on concerns of product launch delay in US

In the past seven trading days, the stock has dipped 11% after the United States Food and Drug Administration issued Form 483 with 8 observations for the company's Pithampur manufacturing facilities

Triveni Turbine soars 10% to hit new high on healthy revenue growth outook

Till 01:56 pm; a combined 10.14 million shares, representing 3.2 per cent of the total equity of the company, had changed hands on the NSE and BSE

Select Adani group shares rally; Adani Enterprises jumps 29% from day's low

Since January 24, the market value of 5 Adani group companies - Adani Total Gas, Adani Green Energy, Adani Transmission, Adani Power and Adani Enterprises - has declined between 52% and 83%