Page 980 - Markets News
Coromandel Int'l stock hits all time high on resuming ops at Chennai plant
Coromandel International stock rose as much as 5.60 per cent in intraday deals to hit a fresh all time high of Rs 1,779.90 per share.
 "Coromandel Int'l stock hits all time high on resuming ops at Chennai plant")
Pitti Engineering shares hit new high after stellar Q1; up 89% in 6 months
Pitti Engineering's stock surged up to 5.90 per cent, at Rs 1,378.90 per share on the NSE in Friday's intraday trade
 "Pitti Engineering shares hit new high after stellar Q1; up 89% in 6 months")
Glenmark Pharma hits lifetime high on steady Q1 show; Ebitda soars 34% YoY
Glenmark Pharmaceuticals stock surged up to 5.68 per cent, hitting its all time high at Rs 1,576 per share on the NSE in Friday's intraday trade
 "Glenmark Pharma hits lifetime high on steady Q1 show; Ebitda soars 34% YoY")
Packaging stocks rally up to 11% post Q1; Uflex, Polyflex hit 52-week highs
Uflex said the packaging films business gained substantial momentum in Q1FY25 quarter, fueled by improved contribution margin in India
 "Packaging stocks rally up to 11% post Q1; Uflex, Polyflex hit 52-week highs")
Hindustan Aeronautics share price rises 2% as profit rallies 77% in Q1
The Navratna company's stock has more than doubled investors' money, rallying 143.29 per cent in the last one year, according to BSE analytics
 "Hindustan Aeronautics share price rises 2% as profit rallies 77% in Q1")
Ceigall India up 5% on emerging lowest bidder for Bhubaneswar Metro project
The cost of the project is Rs 899 crore, the company said in a statement.
 "Ceigall India up 5% on emerging lowest bidder for Bhubaneswar Metro project")
Here's why JNK India locked in 5% upper circuit today; up 18% from listing
Shares of JNK India locked in 5 per cent upper circuit at Rs 735 per share on the BSE in Friday's intraday trade
 "Here's why JNK India locked in 5% upper circuit today; up 18% from listing")
This recently listed IPO has zoomed 75% against its issue price in 5 days
Shares of Ola Electric Mobility were locked in the 20-per cent upper circuit at Rs 133.08, also its new high on the NSE, on Friday
 "This recently listed IPO has zoomed 75% against its issue price in 5 days")
Thar ROXX launch boosts M&M stock price by 3%; up 16% in 3 months
The surge in the stock price followed the company's announcement of the launch of Thar ROXX, its latest sports utility vehicle (SUV).
 "Thar ROXX launch boosts M&M stock price by 3%; up 16% in 3 months")
Dividend, Bonus, Buyback: 11 stocks to trade ex-date next week; Check LIST
Here is a list of stocks that will trade ex-date in the coming days for several corporate actions, including dividends, bonus issues, and share buybacks
 "Dividend, Bonus, Buyback: 11 stocks to trade ex-date next week; Check LIST")
Japan's SoftBank picking stock winners in India's red-hot IPO market
Further successful IPOs may add funds for Chief Executive Masayoshi Son's planned large-scale push into AI
 "Japan's SoftBank picking stock winners in India's red-hot IPO market")
Aurobindo Pharma stock tanks 6% after unit gets warning letter from USFDA
The drop in the share price came after the company announced that its' arm Eugia Pharma Specialties' Unit-III received a warning letter from United States Food and Drug Administration (USFDA).
 "Aurobindo Pharma stock tanks 6% after unit gets warning letter from USFDA")
Technology shares in demand; Nifty IT index rises 2%, TCS nears record high
The Nasdaq rose more than 2% on Thursday after July the US retail sales data signalled resilient consumer spending, allaying fears of an imminent recession in the world's largest economy.
 "Technology shares in demand; Nifty IT index rises 2%, TCS nears record high")
Ipca Labs may outpace past 5-year growth ahead, analysts say buy the dips
Shares of Ipca Labs slipped 2.82 per cent to Rs 1312.55 per share on the BSE in Friday's early morning trade
 "Ipca Labs may outpace past 5-year growth ahead, analysts say buy the dips")
F&O stocks in focus: Long buildup seen in Naukri, Voltas, Laurus Labs
Stocks with long buildup in August series: Key levels to track on Voltas, Naukri and Laurus Labs as these stocks could potentially gain up to 9 per cent from present levels.
 "F&O stocks in focus: Long buildup seen in Naukri, Voltas, Laurus Labs")
Paras Defence locked in 5% upper circuit after arm bags order of Rs 305 cr
The uptick in the share price came after the company announced that its associate company, Controp-Paras Technologies Private Limited, has secured an order worth Rs 305 crore from L&T.
 "Paras Defence locked in 5% upper circuit after arm bags order of Rs 305 cr")
Hindustan Zinc slips 8% after Vedanta begins partial stake sale via OFS
Hindustan Zinc OFS: Vedanta will offload 3.2 per cent stake in HZL at a floor price of Rs 486 per share. This is at a 15-per cent discount to HZK's last closing price
 "Hindustan Zinc slips 8% after Vedanta begins partial stake sale via OFS")
Power Mech stock price gains 7% on Rs 114 crore-order win; details here
The rise in the share price came after the company announced that it has secured an order worth Rs 114.30 crore from Coastal Energen Private Limited.
 "Power Mech stock price gains 7% on Rs 114 crore-order win; details here")
Saraswati Saree Depot IPO allotment: See status, GMP, likely listing price
The public issue, which closed for subscription on Wednesday, August 14, 2024, witnessed overwhelming demand, with the IPO being subscribed 107.39 times by the final day
 "Saraswati Saree Depot IPO allotment: See status, GMP, likely listing price")
Govt bond yields expected to rise tracking US peers, debt sale in focus
The benchmark 10-year yield is likely to move between 6.85 per cent and 6.89 per cent
 "Govt bond yields expected to rise tracking US peers, debt sale in focus")