Page 987 - Markets News

L&T's shares rally on reports of order win worth $4 bn from Saudi Aramco

On Tuesday, the shares of Larsen Toubro soared up to 3 per cent at Rs 3,634 per share on the BSE in intraday trade.

HDFC Bank up 2%, nears record high; stock up 19% from June low

The stock hit a high of Rs 1,734.90 in intra-day deals on Tuesday, and was seen inching towards its record high of Rs 1,757.80 touched on July 3, 2023.

Crude Oil: Check key trading strategy on July 02, target price and more

Crude oil prices at $83.50, hover near two months high driven by the renewed geo-political risk in the middle east and red sea region along with the threat of Hurricane Beryl

CSB Bank stock up 7% on steady growth in advances, total deposits in Q1FY25

Shares of CSB Bank soared up to 7.2 per cent at Rs 402 per share on the BSE in Tuesday's intraday trade

How to trade Adani stocks amid Hindenburg-Sebi row? Here's what charts say

Adani group shares such as Adani Enterprises, Ambuja Cements, Adani Power and ACC seem favourably placed on the charts, and can potentially rally up to 22 per cent from current levels.

Pennar Industries hits 52-week high on establishing plant in Rae Bareli

The uptick in stock price came after the company announced that it is expanding its manufacturing operations in the Northern part of India by establishing a new manufacturing plant at Raebareli, UP

Godrej Properties jumps 5% on upbeat sales in Bengaluru; stock at new high

The company announced that it has sold over 2,000 homes worth over Rs 3,150 crore in its project, Godrej Woodscapes, located in Whitefield-Budigere Cross, Bengaluru.

Cost of capital to slide as demand for bonds to exceed supply: Axis Capital

At present, the spread between the 10-year benchmark bond yield and similar tenor state debt yield is around 31-35 basis points

Govt bonds remain unchanged amid rising selloff in US Treasury yields

Investors have raised bets that former President Donald Trump may out beat US President Joe Biden at the elections due in November, especially after last week's debate

Divine Power Energy makes stellar mkt debut, lists at 288% premium on NSE

Divine Power Energy Ltd (DPEL) made a stellar debut on the NSE Emerge platform today, listing at Rs 155 per share, a premium of 288 per cent over issue price of Rs 40

Nomura has high hopes from Infosys, Coforge ahead of Q1FY25 results

Given the bottoming out of revenue growth rate, analysts expect the earnings per share (EPS) downgrade cycle to come to an end for the sector

This stock has zoomed 200% in 1 year, touched Rs 1 trillion market cap

Shares of Solar Industries India hit a new high of Rs 11,186.20, as they rallied 11 per cent on the BSE in Tuesday's intra-day trade on healthy business outlook.

IOLCP's stock rallies 10% after securing nod for cholesterol drug

The stock price jump came after the company got China's drug regulatory authority NMPA's nod for cholesterol drug Fenofibrate, allowing the company to export it to the Chinese market

Welspun Specialty stock zooms 9% after securing contract worth Rs 117 cr

The share price soared after the company announced that it has secured a contract worth Rs 117.17 crore for supply of seamless stainless steel boiler tubes

ISMT share price rallies 4% after Maharashtra solar plant installation

The uptick in share price came after the company announced that it has completed the installation of a 35 MW DC capacity solar plant worth Rs 138 crore at Maharashtra

Allied Blenders and Distillers lists at 14% premium to issue price

Shares of Allied Blenders and Distillers listed at Rs 320, a 14 per cent premium over its issue price of Rs 281 per share on the National Stock Exchange on Tuesday.

This aerospace & defence stock skyrocketed 16% in a day, 36% in one month

Shares of DCX Systems rose 16 per cent hitting its 52-week high at Rs 440.40 per share on the BSE in Tuesday's intraday deals.

Angel ONE, Motilal, IIFL: Charts hint up to 24% downside for broking stocks

Market outlook July 02: Trading strategies for stock broking firms in India as the Sebi seeks parity on fees, stricter regulations to options trading.

New launch success, Jaguar Land Rover margin key for more gains in TaMo

Restructuring of domestic operations over the next year, new launches, higher sales at subsidiary Jaguar Land Rover (JLR), and further deleveraging are key triggers for the stock

Adani group shares trade mixed as Hindenburg issue resurfaces; AEL down 1%

Sebi slapped 'show cause' notice to Hindenburg; Adani Total Gas, Adani Energy Solutions, New Delhi Television and Adani Wilmar were up in the range of 1 per cent to 2 per cent.