Page 148 - Markets News

Kaynes Tech stock falls 9% on heavy volumes despite company's clarification

Till 01:31 PM on Wednesday; a combined 10.33 million equity shares representing 15.4 per cent of total equity of Kaynes Technology changed hands on the NSE and BSE.

Emkay trims target on Voltamp Transformers by 12%, but retains 'Buy'

While Emkay expects high double-digit revenue growth supported by capacity expansion and a lean balance sheet, it has trimmed margin assumptions due to rising industry supply from capacity additions

Aequs lists at 13% premium; analysts flag upside with caution; find out why

Analysts suggest investors to hold for long term, citing the company's strong positioning as one of India's most advanced aerospace precision-manufacturing platforms

Crypto markets hold steady as investors await US Fed rate-cut guidance

If Bitcoin remains range-bound post-FOMC, rotational flows, analysts believe, may continue to support altcoins at the margins

RIL soars 27% so far in 2025; set for best yearly performance in 5 years

In the past one month, RIL shares have gained 4 per cent as compared to a 1.4-per cent rise in the BSE Sensex

Meesho debuts on NSE, BSE; Prosus to hold 11.2% stake after listing

Prosus keeps an 11.2% stake after the closely watched listing, adding to a string of Indian tech IPOs

GE Vernova gets new 'Add' from YES Securities; check target price here

YES Securities forecasts that GE Vernova's revenues will more than double by FY28, supported by strong execution and sustained ordering momentum

TVS Supply up 4% after board nods further investment up to ₹100 cr in arm

The buying on the counter came after the board of directors approved to make further investment up to ₹100 crore in FIT 3PL Warehousing Private Limited

Why did Highway Infrastructure share zoom 13% in trade today? Find out here

By 12:00 noon, Highway Infrastructure shares were off day's high, but continued to trade 3.85 per cent higher at ₹64.48 per share. By comparison, BSE Sensex was trading flat at 84,650.59 levels.

Anupam Rasayan shares climb as it enters US CDMO via Jayhawk Fine deal

Anupam Rasayan climbed on the BSE after announcing the acquisition of Jayhawk Fine Chemicals for $150 million, a deal analysts say could be value-accretive over the medium term

Angel One stock sees Golden Cross: Choice Broking sees 22% upside potential

Kkunal V Parar of Choice Broking expects Angel One to test ₹3,075 levels on the upside, if the stock manages to sustain above the 50-DMA on the daily chart.

IndiGo, Hindustan Unilever: 4 Nifty stocks with RSI in oversold territory

Technical charts show that stocks such as IndiGo, Hindustan Unilever, Apollo Hospitals and Tata Motors Passenger Vehicles are trading in oversold territory based on the RSI parameter.

Meesho Share Price Today: Stock trades at 60% premium after strong listing; should you book profit?

Meesho Share Price Today: Post-listing, Meesho shares continue to trade higher on the bourses on Wednesday

Groww slips 4% as one-month lock-in ends; here's what analyst suggest

Groww shares are currently trading 45 per cent above its issue price of ₹100 and 30 per cent its listing price of ₹112 per share.

Zydus Lifesciences shares rise 2% on expanding its biosimilar portfolio

Zydus Lifesciences shares rose 2 per cent on Wednesday after it announced two key developments aimed at expanding its biosimilar portfolio

Meesho lists at 46% premium; analysts upbeat on long-term view; here's why

Choice Equity Broking has initiated coverage on Meesho with a 'Buy' rating, citing the company's structural competitive Moats, strong monetisation runway, and accelerating path to profitability

AU Small Finance Bank surges 4%; what's driving stock price on Wednesday?

AU Small Finance Bank in focus: The Finance Ministry has increased the foreign investment limit in the private-sector bank from 49 per cent to 74 per cent.

Sammaan Capital up 9% after CCI approves Avenir's controlling acquisition

The stock was in demand after the Competition Commission of India (CCI) granted approval to Avenir Investment RSC to acquire controlling stake in the company

SEPC share rises 4% as JV bags ₹86-crore aviation infrastructure project

By 10:25 AM, SEPC shares were trading 2.92 per cent higher at ₹9.15 apiece. In comparison, BSE Sensex was trading 0.39 per cent higher at 84,994.27 levels.

Vidya Wires makes flat D-street debut at ₹52; misses GMP estimates

Ahead of debut, Vidya Wires shares were quoting at ₹55.5 in the grey market, reflecting a premium of ₹3.5 or 6.7 per cent over the issue price