Page 598 - Si Reporter

Voda Idea zooms 15% as govt grants relief; stock surges 72% in 10 days

The government announced a relief package for the telecom sector, providing a near term liquidity solution, particularly helpful to VIL, and addressed multiple long term issues of the sector.

Global rout sends Sensex 525 pts lower; metal index tumbles 7%, PSU bank 4%

Only six of 30 Sensex stocks ended in the green, mainly from the FMCG and financial space

HLE Glascoat surges 19% on acquiring the global biz of Thaletec GmbH

The acquisition will enhance efficiencies and combine the similar business interests for both entities, resulting in operational synergies, streamlining and optimization of the businesses

Stocks to watch: Wipro, Zomato, Welspun India, Lupin, Rail Vikas Nigam

MAS Financial Services has raised Rs 100 crore through private placement of market-linked non-convertible debentures

Sensex tanks 720 pts from day's high, ends 125 pts down; Nifty PSB drops 3%

On the weekly basis, the benchmark indices gained, thus taking their winning run to the fourth straight week

Surya Roshni soars 11%, hits new high on strong growth outlook

With a focus on improvement in product mix in steel pipes segment, the broking firm IDBI Capital expect Surya Roshni's margins to improve over the next two-three years

CESC registers new high post 1:10 stock split, surges 10%

Shares of the electric utilities company traded with heavy volume, as it surpassed its previous all-time high registered almost 3 years ago.

Aviation shares in focus; IndiGo hits record high, SpiceJet soars 7%

InterGlobe Aviation, the parent firm of IndiGo airlines, hit a 52-week high at Rs 2,155 and has rallied 9 per cent on the BSE in intra-day trade on hopes of positive future prospects.

Poonawalla Fincorp hits 5% lower circuit for second day as MD resigns

Sebi on Wednesday barred Abhay Bhutada, the MD and CEO of Poonawalla Fincorp, and seven others from accessing the securities market for allegedly insider trading in shares of the company

Stock of this telecom services provider has zoomed over 100% in 11 days

The Union Cabinet announced key telecom reforms, including moratorium of telecom dues on, both, AGR and Spectrum for 4 years, which is a key cash flow relief measure for Vodafone Idea

PSU banks trade mixed after govt unveils NARCL plan; SBI hits new high

The government has approved a guarantee of Rs 30,600 crore to be provided for the security receipts issued by the National Asset Reconstruction Company (NARCL) to buy bad loans of lenders.

Stocks to watch: Biocon, Hero Moto, Poonawalla Fin, TVS Motor, bank stocks

Hero MotoCorp on Thursday said it will increase the price of its entire model range by up to Rs 3,000 from September 20

Sensex ends above 59K, up 418 points; Nifty tops 17,600; ITC rallies 7%

RIL, ITC and bank stocks contributed to the gains on benchmarks while metals and IT names languished

PSU Bank index up 4% ahead of FM press conference; SBI nears record high

A media report said the FM is expected to make announcements about a proposal to set up a bad bank

This recently listed stock has zoomed 120% over its issue price

Ami Organics rallied 20% to Rs 1,345.70 in the intra-day trade today

Indus Towers soars 15%, nears 52-week high on telecom relief package

So far, the stock had been an under-performer having gained mere 4 per cent in the last six months compared to a 17 per cent rally in the S&P BSE Sensex.

APL, Apollo Tricoat trade ex-bonus; stocks record fresh life-time highs

In the past three months, APL Apollo Tubes and Apollo Tricoat have outperformed the market by surging 30% and 22%, respectively, when compared to a 12% rise in the Sensex.

Stocks to watch: Hindustan Copper, Zomato, Wipro, HG Infra, telecom stocks

CEAT shareholders approved the issuance of NCDs up to Rs 500 crore on a private placement basis

Tata Motors DVR surges 14% on back of heavy volumes, nears 52-week high

As per June 30, 2021, shareholding pattern data, ace investor Rakesh Radheshyam Jhunjhunwala held a 1.97 per cent stake in Tata Motors (DVR) and 1.15 per cent holding in Tata Motors

Coal India surges 5%, trades near 52-week high on price hike report

In the past one week, Coal India has outperformed the market by gaining 13 per cent