Page 837 - Markets News
Zinka Logistics gets Sebi nod for Rs 550-cr IPO; key details for investors
Through the IPO, Zinka Logistics is offering a fresh issue of shares of up to Rs 550 crore and an offer for sale of up to 21.61 million equity shares, with a face value of Re 1 apiece
 "Zinka Logistics gets Sebi nod for Rs 550-cr IPO; key details for investors")
Will foreign investors continue to sell or return to India? Experts decode
Analysts, however, suggest that the retail investors can capitalise on this opportunity to buy quality stocks at relatively better prices, provided they reach attractive levels
 "Will foreign investors continue to sell or return to India? Experts decode")
PSP Projects share rises over 5% on securing order worth Rs 270 crore
The uptick in PSP Projects share price came after the company announced that it has bagged an order worth Rs 270 crore from domestic entities.
 "PSP Projects share rises over 5% on securing order worth Rs 270 crore")
Allied Digital Services skyrockets 15% after large order win; know more
Allied Digital Services share price surged 15.17 per cent at Rs 282 per share on the BSE in Tuesday's intraday trade
 "Allied Digital Services skyrockets 15% after large order win; know more")
Adani Group stocks in focus; Energy Solutions, AEL rally up to 6%
Shares of Adani Energy Solutions, Adani Ports, Adani Enterprises, Adani Power, Adani Green Energy, Adani Total Gas, Adani Wilmar and Ambuja Cements were up in the range of 2 to 6 per cent.
 "Adani Group stocks in focus; Energy Solutions, AEL rally up to 6%")
TCS, Infy, HCL Tech: Should you buy or sell IT stocks ahead of Q2 results?
Technical charts suggest that heavyweights TCS and Infosys seem to be favourably placed, while Wipro could face some downward pressure. Check key levels here.
 "TCS, Infy, HCL Tech: Should you buy or sell IT stocks ahead of Q2 results?")
Weak Q2 sales pushes Sobha share price 4% lower on October 8
Sobha's new sales plunged 44.9 per cent year-on-year (Y-o-Y) to 929,907 square feet in Q2FY25, from 1,686,196 square feet in Q2FY24.
 "Weak Q2 sales pushes Sobha share price 4% lower on October 8")
SpiceJet stock jumps 9% on plans to induct 10 planes by November-end
The airline has already signed agreements for the leased aircraft, with the full induction of all the seven planes expected by November 15.
 "SpiceJet stock jumps 9% on plans to induct 10 planes by November-end")
Navkar Corporation revenue jumps 43% YoY in Q2FY25; shares rise 5%
Shares of Navkar Corporation surged up to 4.68 per cent at Rs 128.60 per share intraday on the BSE
 "Navkar Corporation revenue jumps 43% YoY in Q2FY25; shares rise 5%")
Vakrangee hits 5% upper circuit on heavy volume; launches pvt apparel label
Vakrangee share price: Around 2.62 million shares have changed hands on the counter, thus far, on the BSE
 "Vakrangee hits 5% upper circuit on heavy volume; launches pvt apparel label")
Metal index corrects for 4th day in a row; NMDC, Tata Steel slips up to 8%
The Nifty Metal index, the top loser among sectoral indices, was down 2 per cent, as compared to the 0.35 per cent rise in the Nifty 50, at 9:53 AM.
 "Metal index corrects for 4th day in a row; NMDC, Tata Steel slips up to 8%")
Hi-Tech Pipes launches QIP at floor price of Rs 194.98 per share; stock up
Hi-tech Pipes shares rose after the company announced that it has launched its qualified institutional placement (QIP), setting a floor price of Rs 194.98 per share, as approved by its board and share
 "Hi-Tech Pipes launches QIP at floor price of Rs 194.98 per share; stock up")
HEG surges 6% after buying 8.23% stake in GrafTech Int'l for Rs 250 crore
Graftech has a competitive portfolio of low cost, ultra-high power graphite electrode manufacturing facilities, with some of the highest capacity facilities in the world.
 "HEG surges 6% after buying 8.23% stake in GrafTech Int'l for Rs 250 crore")
Swelect Energy Systems stock jumps 5% as subsidiary opens new solar plant
Shares of Swelect Energy Systems surged up to 5.19 per cent at Rs 1,151.50 per share on the BSE in Tuesday's intraday deals
 "Swelect Energy Systems stock jumps 5% as subsidiary opens new solar plant")
Garuda Construction IPO opens: GMP rises marginally; should you subscribe?
Garuda Construction has succeeded in garnering reviews from several brokerages including Anand Rathi Research, SMIFS, and Arihant Capital Markets for its IPO
 "Garuda Construction IPO opens: GMP rises marginally; should you subscribe?")
SBI declares MTNL account as NPA: Share price down 8% today, 15% in 3 days
MTNL share price: MTNL share price declined 7.5 per cent to Rs 48.2 per share on the BSE in Tuesday's intraday trade
 "SBI declares MTNL account as NPA: Share price down 8% today, 15% in 3 days")
This T group stock hit 5% upper circuit on October 8; check reasons here
Zodiac Energy share price surged after the company announced that it has secured an order worth 154.27 crore from Ahmedabad Municipal Corporation (AMC).
 "This T group stock hit 5% upper circuit on October 8; check reasons here")
JLR's disappointing September quarter update drags Tata Motors share 4%
The decline in Tata Motors share came on the back of disappointing sales figures for Jaguar Land Rover (JLR) in the September quarter (Q2FY25).
 "JLR's disappointing September quarter update drags Tata Motors share 4%")
BEL share rises on securing additional orders worth Rs 500 crore; details
BEL share rises on securing additional orders worth Rs 500 crore; details
 "BEL share rises on securing additional orders worth Rs 500 crore; details")
Indian bond yields expected to inch up as 10 year US yield tops 4%
Expectations of a 25 bps cut in November are at 88 per cent, while bets of no cut rose to 12 per cent from less than 10 per cent a day ago
 "Indian bond yields expected to inch up as 10 year US yield tops 4%")