Page 1161 - Markets News

PNB soars 6% on heavy volumes; stock has more-than-doubled since April

Thus far in the month of December, PNB has appreciated by 25% on consistent improvement in headline asset quality metrics, and steady reduction in fresh slippages over the recent past.

GSK Pharma surges 7%, nears record high on healthy business outlook

Since November, the stock has appreciated by 36% after the company reported earnings improvement in Q2FY24 on strong demand for its vaccines and general medicine.

KPI Green Energy zooms 9% on plans to consider second bonus issue in 2023

Recently, the company also announced successful commissioning of two solar power projects totaling 17.35 MWp and 16.83 MWp for its respective clients.

HUDCO hits new peak, up 13% on Rs 14500 cr financing pact with Gujarat govt

Since November 1, the stock price of HUDCO has zoomed 74 per cent after Moody's Investors Service affirmed the Baa3 local- and foreign-currency issuer ratings of the company

Azad Engineering makes strong debut; lists at 37% premium over issue price

Azad Engineering IPO had received a robust response with the issue being subscribed 80.6 times. Sportsperson Sachin Tendulkar, PV Sindhu, Saina Nehwal and Nikhat Zareen are among shareholders.

Stocks to Watch today: Zomato, KPI Energy, Banks, M&M, Bata, Kansai Nerolac

Stocks to watch on Thursday, December 28, 2023: Azad Engineering to list today. National Aluminium and RBL Bank only two stocks in futures & options ban period on expiry day.

The India story 2023: Market rally that was, and sometimes was not

Benchmark indices gained altitude, but not all new entrants were able to cash in

Happy Forgings, RBZ Jewellers, Credo Brands end their debut at premium

Post listing, Happy Forgings commands a market capitalization of Rs 9,701 crore, and it plans to utilize the proceeds of its net issue to purchase plant and machinery and repay its loans

Social media, YouTube videos rule decision making in F&O trades: Sharekhan

Assumption of nearly 40% people getting good returns against the reality of 90 per cent making losses

Cement shares zoom up to 5%; UltraTech joins Rs 3 trillion market cap-club

Nomura estimates margins to expand on stronger volume growth, pricing discipline and relatively lower fuel cost

UP takes lead in new investor registration in 2023 with 2.3 mn investors

The total number of investors now stands at 84.9 million with a year-on-year rise of 22.4 per cent

Govt's crackdown on alternative investment funds puts industry on watch

The top seven shadow lenders in the country had invested around $1.35 billion in these so-called AIFs, according to their most recent annual reports

P-Note investments surge to Rs 1.31 trillion on domestic mkt strength

Before registering a decline in October, investments through P-notes have been increasing continuously since March, following the stable Indian economy against an uncertain global macro backdrop

Indices at record highs! Sensex soars 702 pts, tops 72K; Nifty holds 21,650

Closing Bell on December 27, 2023: Healthy buying in HDFC Bank, Infosys, Bharti Airtel, Ultratech Cement, L&T, Tata Motors, ICICI Bank, SBI, Axis Bank, and M&M lifted the benchmark indices

Stock of this iron & steel company has zoomed over 90% in 10 days

Shares of Gallantt Ispat hit a record high and were locked at the 10 per cent upper circuit for the second straight day on strong business outlook.

Inox Wind, JSW Energy: Power stks soar over 100% in 2 months; time to sell?

Chart suggests that shares related to green and renewable energy may display mixed trend in early 2024, given the sharp rally seen in the last two months.

L&T hits fresh high on EPC order win of Rs 5K-10K crore; zooms 70% in 2023

L&T classifies a 'major' order as the one worth anywhere between Rs 5,000-Rs 10,000 crore

Credo Brands makes lukewarm debut; lists 1% higher against issue price

The Initial Public Offering (IPO) of Credo Brands Marketing (Mufti) was subscribed 51.85 times on the back of heavy demand from institutional buyers

Happy Forgings makes decent debut; lists at 18% premium over issue price

Shares of the auto components maker listed at Rs 1,001.25, up 18 per cent against its issue price of Rs 850 per share on the BSE on Wednesday

Stocks to Watch: Adani Group, TaMo, SJVN, Power Grid, Axis Bank, Zee Learn

Stocks to watch on Wednesday, December 27, 2023: Shares of Adani Group and three debutants' namely Happy Forgings, Mufti Menswear and RBI Jewellers likely to be in focus today.