Page 904 - Markets News
This Dolly Khanna-owned stock has zoomed 98% in 4 weeks, trades at new high
Pondy Oxides and Chemicals stock hit a new high of Rs 1,735 on rallying 17% in Monday's intra-day trade. The stock has surged 28% in the last two days on the BSE.
 "This Dolly Khanna-owned stock has zoomed 98% in 4 weeks, trades at new high")
Here's why Techno Electric stock is locked in 5% upper circuit on August 19
The surge in the stock price followed Techno Electric's announcement of a strategic partnership with IndiGrid.
 "Here's why Techno Electric stock is locked in 5% upper circuit on August 19")
TMB rallies 4% following RBI approval of Salee Sukumaran Nair as MD, CEO
Tamilnad Mercantile Bank (TMB) shares surged up to 4.35 per cent at 470.80 a piece on the BSE during intraday trading on Monday
 "TMB rallies 4% following RBI approval of Salee Sukumaran Nair as MD, CEO")
Small-cap stock jumps 10% to hit upper circuit on BSE today; do you own?
The rally in the stock price followed news that the company had announced the pre-launch of its new high-speed electric scooter, CHETNA
 "Small-cap stock jumps 10% to hit upper circuit on BSE today; do you own?")
BEML, RVNL: Rail stocks zoom up to 7% on new metro projects worth Rs 30k cr
Shares of railway companies saw a surge of up to 7 per cent on the BSE during intraday trading on Monday following the Union Cabinet's approval of metro projects exceeding Rs 30,000 crore.
 "BEML, RVNL: Rail stocks zoom up to 7% on new metro projects worth Rs 30k cr")
Windfall tax boost: ONGC, Oil India surge up to 4% in Monday's trade
Analysts at JM Financial believe the strong pricing power of OPEC+ will continue to support Brent at ~$80/bbl, which is the fiscal break-even crude price for Saudi Arabia and a sweet spot for OIL/ONGC
 "Windfall tax boost: ONGC, Oil India surge up to 4% in Monday's trade")
Here's why Glenmark Pharma stock hit all time high on Aug 19; details here
The rise in the share price came after the company announced that its unit, Glenmark Therapeutics Inc, USA (Glenmark) has launched Olopatadine Hydrochloride Ophthalmic Solution USP, 0.1 per cent.
 "Here's why Glenmark Pharma stock hit all time high on Aug 19; details here")
Saraswati Saree Depot IPO: GMP hints listing gains; check likely price
Priced in the range of Rs 152-160 per share with a lot size of 90 shares, the public issue received great demand from investors, with the IPO being subscribed 107.39 times by final day of subscription
 "Saraswati Saree Depot IPO: GMP hints listing gains; check likely price")
Genus Power stock freezes at 5% upper limit; hits new high on order win
With these recent orders, the company's total order book, including all special purpose vehicles (SPVs) and the GIC Platform, exceeds Rs 24,383 crore (net of taxes).
 "Genus Power stock freezes at 5% upper limit; hits new high on order win")
CESC shares rally 5% on incorporating subsidiary in renewable power sector
Shares of CESC soared up to 4.55 per cent at Rs 176.65 per share on the BSE in Monday's intraday trade
 "CESC shares rally 5% on incorporating subsidiary in renewable power sector")
NCC stock price up 5% after company fixes record date for dividend payout
The record date for determining the shareholders who are eligible for the equity dividend is August 30, 2024.
Here's why DCX Systems share price locked in 5% upper circuit today
Shares of DCX Systems locked in 5 per cent upper circuit at Rs 319.75 per share on the BSE in Monday's intraday trade
 "Here's why DCX Systems share price locked in 5% upper circuit today")
Gravita up 38% in 4 days after Motilal initiates 'buy'; zooms 88% in 1 mth
The company said due to stringent government regulations under the Battery Waste Management Rules (BWMR) and Extended Producers Responsibility (EPR), the availability of domestic scrap is increasing
 "Gravita up 38% in 4 days after Motilal initiates 'buy'; zooms 88% in 1 mth")
ACE stock soars 4% on order win from Ministry of Defence; up 64% in 1 year
The surge in ACE stock price came after the company announced that it has bagged an order from the Ministry of Defence (MoD).
 "ACE stock soars 4% on order win from Ministry of Defence; up 64% in 1 year")
Interarch Building Products IPO opens today: GMP jumps 36%, should you Bid?
Several noted brokerage firms, including Reliance Securities, Deven Choksey Research, SBI Securities, and Swastika Investmart, have shared their outlook on the Interarch Building Products IPO
 "Interarch Building Products IPO opens today: GMP jumps 36%, should you Bid?")
Hindustan Zinc plummets 6% as promoter Vedanta plans further stake sale
The stock price dipped after the company's promoter, Vedanta decided to further offload a 0.29 per cent stake in the company through its ongoing offer for sale (OFS)
 "Hindustan Zinc plummets 6% as promoter Vedanta plans further stake sale")
Caplin Point share price hits record high after ANVISA clears Chennai plant
The facility was inspected between August 12 and 16, 2024, the company said.
 "Caplin Point share price hits record high after ANVISA clears Chennai plant")
Zomato up 6%, hits new high on improved results; zooms 91% from June lows
Zomato expects adjusted EBITDA margin of food delivery and quick commerce business to increase to 4-5 per cent over the medium term.
 "Zomato up 6%, hits new high on improved results; zooms 91% from June lows")
Interarch Building Products IPO: GMP jumps 43%; 6 Must-know facts from RHP
Interarch Building Products IPO Opens for Public Subscription on Monday, August 19, 2024. Here are the details from the RHP that you should know before considering subscribing to the public issue
GMR Airports stock price rises after July passenger traffic jumps 8% YoY
The increase in stock price follows GMR Airports' release of its passenger traffic data for July 2024.
 "GMR Airports stock price rises after July passenger traffic jumps 8% YoY")