Page 633 - Markets News
This penny stock hit 10% upper circuit on bonus issue record date; details
Penny stocks to buy: Earlier, on January 6, 2025, Gujarat Tool Board had approved to issue bonus shares in the ratio of 5 :1
 "This penny stock hit 10% upper circuit on bonus issue record date; details")
IPO Alert! CIEL HR Services gets final observations from Sebi; details
As investors await further developments, here are the key details of the proposed CIEL HR Services IPO, taken from the Draft Red Herring Prospectus (DRHP)
 "IPO Alert! CIEL HR Services gets final observations from Sebi; details")
Max Healthcare share rises 3% as UBS upgrades to 'Buy', lifts target price
According to reports, UBS said that Max Healthcare is well-positioned for earnings growth, with solid foundations in place
 "Max Healthcare share rises 3% as UBS upgrades to 'Buy', lifts target price")
This smallcap defence stock has tanked 33% in 3 days on weak Q3 results
Shares of Zen Technologies locked in lower circuit for the second straight day, down 10 per cent at Rs 971.50 on the BSE in Tuesday's intra-day trade
 "This smallcap defence stock has tanked 33% in 3 days on weak Q3 results")
Ajax Engineering clocks all time high a day after listing at discount
As per National Stock Exchange (NSE) bulk deal data, Morgan Stanley IFSC Fund offloaded 7,58,091 shares at Rs 588.74 per share via bulk deal
 "Ajax Engineering clocks all time high a day after listing at discount")
Gokaldas Exports surges 9% on robust near-term prospects, strong order book
The management said they see business volumes picking up with sustained stable performance of the company going forward. With this in mind, the company is planning to expand its production capacity
 "Gokaldas Exports surges 9% on robust near-term prospects, strong order book")
ABB India rises 5% as Q4 revenue hits 5-year high, profit zooms 56% YoY
The rise in ABB India share came after the company announced a strong set of results in the fourth quarter of calendar year 2024 (Q4CY24)
 "ABB India rises 5% as Q4 revenue hits 5-year high, profit zooms 56% YoY")
LK Mehta Polymers IPO allotment today; check status, GMP, listing date
Once the basis of allotment for LK Mehta Polymers IPO shares is finalised, investors can check the status on the official websites of BSE or Bigshare Services, the registrar for the issue
 "LK Mehta Polymers IPO allotment today; check status, GMP, listing date")
Bharti Airtel block: Indian Continent sells 51 mn shares for Rs 8,485 crore
Bharti Airtel Block Deal: Indian Continent Investment Limited, a promoter-group entity of Bharti Airtel Limited, has today sold around 0.84 per cent shareholding for Rs 8,485 .11 crore
 "Bharti Airtel block: Indian Continent sells 51 mn shares for Rs 8,485 crore")
Allcargo Terminals gains 9% on posting strong volume growth in January
In its January month update, the company registered container freight station (CFS) volumes at 53.8 '000 twenty-foot equivalent units (TEUs) powered by exports
 "Allcargo Terminals gains 9% on posting strong volume growth in January")
TVS Supply Chain rises 7% after TVS Motor Company buy stake via block deal
As per National Stock Exchange (NSE) block deal data, TVS Motor Company bought stakes after Allanzers Fin Net sold 20,00,000 shares at Rs 128.86 per share on Monday
 "TVS Supply Chain rises 7% after TVS Motor Company buy stake via block deal")
Havells, PG Electroplast, KEI, Amber: EMS continues to shine, says Nuvama
While many consumer durables companies reported disappointing earnings, missing their profit estimates due to lower margins, the EMS players exceeded expectations with strong revenue and profit growth
 "Havells, PG Electroplast, KEI, Amber: EMS continues to shine, says Nuvama")
Markets Today: Sensex, Nifty outlook; F&O ban stocks; Airtel block deal
Stock Markets Today, February 18: Quality Power Electrical Equipments IPO will close for subscription today. The basis of allotment for Shanmuga Hospital IPO & LK Mehta Polymers IPO will be finalised
 "Markets Today: Sensex, Nifty outlook; F&O ban stocks; Airtel block deal")
Stocks to Watch, Feb 18, 2025: Airtel, NTPC, Power Grid, Vedanta, Paytm
Stocks to Watch, Feb 18, 2025: Airtel, NTPC, Power Grid and other stocks will be on investors' radar today
 "Stocks to Watch, Feb 18, 2025: Airtel, NTPC, Power Grid, Vedanta, Paytm")
Sahaj Agrawal of Kotak Securities recommends Short Strangle on Nifty
Nifty50 is trading near the 22,800 support level, with the broader monthly range observed at 22,500 - 23,500
 "Sahaj Agrawal of Kotak Securities recommends Short Strangle on Nifty")
Shares worth over Rs 50,000 crore to unlock soon; sellers may sweat
Choppy markets, dropping valuations make post-IPO exits via block deals challenging
 "Shares worth over Rs 50,000 crore to unlock soon; sellers may sweat")
PE firms tap platform model to build scalable biz, boost efficiency
One of the latest examples is Carlyle combining auto component manufacturers Roop Automotives and Highways Industries to build an auto parts platform
 "PE firms tap platform model to build scalable biz, boost efficiency")
Novelis expects improved outlook in near term, Q4FY25 to outperform Q3
Upstream revenue in aluminium stood at Rs 9,990 crore in Q3FY25 (+25 per cent Y-o-Y).
 "Novelis expects improved outlook in near term, Q4FY25 to outperform Q3")
Indices reverse eight-day losing streak; Sensex ends 58 points higher
The Sensex, after declining by 645 points during the day, recovered to close at 75,997, marking a gain of 58 points, or 0.08 per cent, over Friday's close
 "Indices reverse eight-day losing streak; Sensex ends 58 points higher")
Can smallcap stocks crash trigger a capitulation phase? What analysts say
The smallcap meltdown continues, raising concerns of a full-blown capitulation
 "Can smallcap stocks crash trigger a capitulation phase? What analysts say")