Page 511 - Si Reporter

Adani Power hits fourth 5% upper circuit; No respite for Adani Green

Adani Power was locked at the 5 per cent upper limit, and has rallied 21 per cent in last four days. Adani Green hit 5 per cent lower circuit, and has shed 70 per cent since the Hindenburg allegation.

Sensex, Nifty end flat after volatile day; NTPC gains 3%, PSB index dips 2%

CLOSING BELL: Adani Enterprises, Apollo Hospitals, Coal India, Bajaj Auto, UPL, Sun Pharma, Tata Motors, HDFC Life, Ultratech Cement, TCS, and Wipro were the top laggards

Marine Electricals rallies 5% after it bags order from Goa Shipyard

The company will supply shaft generators, main switch boards, distribution boards, and associated systems with OBS for PCV Project from Goa Shipyard

Uflex drops 4%, hits 52-wk low on report of Income-Tax raid at Noida office

According to several media reports, the Income Tax department was conducting a raid at the office of Uflex in Noida, alleging that the company has issued several bogus bills

Banks, RIL drag Sensex 311 pts down, Nifty below 17,850; Adani Ent falls 6%

CLOSING BELL: Maruti Suzuki, Kotak Bank, SBI, HDFC, Axis Bank, Titan, Bajaj Finance, HDFC Bank, ICICI Bank, Nestle India, and RIL were the top Sensex laggards, falling in the range of 1 - 1.4 per cent

Cera Sanitaryware soars 8%, hits new high in weak market on healthy outlook

In past one month, the stock price of Cera has outperformed the market by surging 20 per cent as against an unmoved S&P BSE Sensex.

Lumax Auto soars 12% as it acquires majority stake in IAC Group's India biz

IAC India is a well-established Tier-1 interior systems and components supplier to key automotive OEMs in India including Mahindra, Maruti Suzuki, Volkswagen and Volvo Eicher Commercial Vehicles.

Sonata Software surges 26% in one month; stock nears record high

The new CEO has reiterated that he is planning to double IT services revenue in four years as he is looking to accelerate the growth from hereon

NMDC's demerged Chhattisgarh unit hits 5% upper circuit on market debut

A combined, around 7.5 million equity shares had changed hands and there were pending buy orders for 19 million shares on the NSE and BSE till 10:16 AM

Sensex snaps 3-day winning run, sheds 317 pts; Banks, realty shares decline

CLOSING BELL: The NSE Nifty 50 slipped 92 points to settle at 17,944. L&T, Hero MotoCorp, UltraTech Cement bucked the trend, while Adani Group shares ended mixed on Friday.

PTC Industries hits 10% upper circuit as arm wins Safran Aircraft order

Aerolloy Technologies, a wholly owned subsidiary of the company has received an order from Safran Aircraft Engines, to develop and supply of Titanium cast components for Aircraft Engines

Bajaj Steel extends rally on sale of plastic division; stock spurts 13%

In the past six months, the stock price of Bajaj Steel has zoomed 107 per cent, as against 1 per cent rise in the S&P BSE Sensex

Stock of this iron & steel products company has zoomed 101% in 6 months

Shares of Surya Roshni hit a 14-month high of Rs 711.35, as they surged 10 per cent on the BSE in Friday's intra-day trade in an otherwise subdued market.

Ipca Labs slips 5%, hits 52-week low on weak December quarter results

In Q3, Ipca's operating profit margin was lowest since FY19, impacted by lower gross margins, and continued higher overheads.

Cement shares in focus; UltraTech, Dalmia Bharat hit 52-week highs

Most managements continue to be positive on the cement demand, led by the government's thrust on infrastructure projects, pick-up in urban real estate, and likely recovery in the rural segment.

Medanta hits highest level since listing; stock surges 13% in 2 days

With past two days surge, the stock currently trades 54 per cent higher against its issue price of Rs 336 per share.

Minda Corp, Pricol surge up to 6% amid stake sale buzz

Pricol said the promoters have absolutely no intent of undertaking any secondary sale of promoter stake nor does the company have any intent to raising equity capital of any form.

Gokaldas Exports hits 4-month high, rallies 15% in one week post Q3 results

Once FTA with the UK happens, India can potentially see USD1bn of exports from this region

Bharat Dynamics soars 11% after it signs 10 MoUs at Aero India 2023

The company entered into 10 Memorandum of Understandings (MoUs) with several foreign and Indian companies during Aero India - 2023

PI Industries extends rally, soars 12% in two days on better growth outlook

The management is confident of delivering 20 per cent plus revenue growth with continued improvement in margins and returns.