Page 12 - The Smart Investor News
Federal-Mogul Goetze surges 10% on ₹ 94 per share dividend bounty
Federal-Mogul Goetze board on Thursday declared an interim dividend of ₹7.50 and a special dividend of ₹86.50 per equity share.
 "Federal-Mogul Goetze surges 10% on ₹ 94 per share dividend bounty")
Nifty IT index soars 3%; LTM, Coforge, TCS, TechM gain up to 5%; here's why
IT stocks rallied on Friday after Nvidia's strong revenue forecast reinforced optimism around the artificial intelligence (AI) boom.
 "Nifty IT index soars 3%; LTM, Coforge, TCS, TechM gain up to 5%; here's why")
Block deal: Ather Energy shares jump 7% as Hero MotoCorp ups stake
Hero MotoCorp, the biggest shareholder in Bengaluru-based Ather Energy, held a 29.88 per cent stake as of August 25.
 "Block deal: Ather Energy shares jump 7% as Hero MotoCorp ups stake")
Tata group stock Tejas Networks zooms 13% on ₹1,537-cr order win from TCS
Tejas Networks' share price opened at ₹540.60 on the BSE today as against the last closing price of ₹510.85 apiece. Soon after it rallied to the intraday peak of ₹576.80.
 "Tata group stock Tejas Networks zooms 13% on ₹1,537-cr order win from TCS")
Multibagger on listing! Tempsens Instruments shares debut at 111% premium
Tempsens Instruments shares listed at ₹634 on the NSE, a premium of 111.33 per cent against the offer price of ₹300.
 "Multibagger on listing! Tempsens Instruments shares debut at 111% premium")
HDFC Bank sheds 2.5% to hit 52-week low on reports of US securities lawsuit
On a year-to-date (YTD) basis, HDFC Bank has declined 28 per cent and remains 8 per cent lower than in the last five years.
 "HDFC Bank sheds 2.5% to hit 52-week low on reports of US securities lawsuit")
Iron & steel product stocks Welspun Corp, Man Ind zoom up to 200% in FY27
Jindal Saw, Man Industries, Ratnaveer Precision and Welspun Corp traded up to 6% higher in Thursday's intra-day deals on the BSE.
 "Iron & steel product stocks Welspun Corp, Man Ind zoom up to 200% in FY27")
BHEL share price rallies 5% on huge volume; nears record high
The strong capex cycle in the thermal power sector propelled the company's order book and execution. In addition, the management has focused on structurally favourable terms in the orders, says Ind-RA
 "BHEL share price rallies 5% on huge volume; nears record high")
Adani Enterprises up 39% YTD; why is MOFSL betting on Nifty's top gainer?
Motilal Oswal Financial Services has initiated coverage of Adani Enterprises with a 'Buy' rating and a target price of ₹3,880, implying a 25 per cent upside from the previous close of ₹3,112.
 "Adani Enterprises up 39% YTD; why is MOFSL betting on Nifty's top gainer?")
Bombay Burmah zooms 14% as SC recalls ₹4,655 cr lease liability observation
Bombay Burmah's stock surged after the Supreme Court withdrew its earlier observation on the ₹4,655 crore lease rent liability.
 "Bombay Burmah zooms 14% as SC recalls ₹4,655 cr lease liability observation")
Tata Power falls 4% after $490 million arbitration challenge fails
The Singapore International Commercial Court has dismissed the Company's challenge, holding that there was no breach of natural justice.
 "Tata Power falls 4% after $490 million arbitration challenge fails")
Devyani, Sapphire Foods shares rise 3% after revision of merger scheme
Under the share-swap ratio, Sapphire Foods shareholders will receive 177 shares of Devyani International for every 100 shares held in the former as of the record date, which will be announced later.
 "Devyani, Sapphire Foods shares rise 3% after revision of merger scheme")
ICICI Prudential AMC slips 5% after huge block deal; promoter likely seller
According to BSE data, at 09:15 AM on Thursday, as many as 10.09 million equity shares representing 2.04 per cent of total equity of ICICI Prudential AMC changed hands.
 "ICICI Prudential AMC slips 5% after huge block deal; promoter likely seller")
Cement shares in focus: Ramco, Dalmia Bharat, Shree, JK, ACC gain up to 5%
At 12:07 PM on Wednesday, the Nifty Cement index was up 1.3 per cent at 15,057.10, compared to a 0.24 per cent decline in the NSE benchmark Nifty 50.
 "Cement shares in focus: Ramco, Dalmia Bharat, Shree, JK, ACC gain up to 5%")
Buzzing stock: IDBI Bank extends rally to 5th day, jumps 5% on huge volume
IDBI Bank said there is no undisclosed/price sensitive information or any impending announcement that needs to be informed to the stock exchanges at this point of time.
 "Buzzing stock: IDBI Bank extends rally to 5th day, jumps 5% on huge volume")
Hindustan Zinc up 5% as Jefferies sees earnings boost on firm metal prices
Hindustan Zinc stock: Jefferies has raised the target price to ₹750 from ₹660 and retained a 'Buy' rating. The target implies an upside of 26 per cent from the previous close of ₹592.60.
 "Hindustan Zinc up 5% as Jefferies sees earnings boost on firm metal prices")
Pharma shares shine: Divi's, Laurus hit new highs; zoom up to 91% in FY27
India's CRDMO sector growth rebounded to 19% YoY in Q1FY27 versus just 9% YoY in the March 2026 quarter, marking the highest growth level since the December 2024 quarter, notes Jefferies.
Eternal hits 10-month high; here's why stock zoomed 56% from March low
Eternal share price: The stock price of a food delivery (FD) and quick commerce (QC) platform company quoted at its highest level since October 2025.
 "Eternal hits 10-month high; here's why stock zoomed 56% from March low")
Hindustan Copper OFS Day 2: Stock up 3%; should retail investors apply? Analysts' view here
In the Hindustan Copper OFS, the government is selling over 5.80 crore shares or up to 6 per cent (including a 3 per cent green shoe option) at a floor price of ₹514 apiece.
 "Hindustan Copper OFS Day 2: Stock up 3%; should retail investors apply? Analysts' view here")
Gaja Capital shares make strong debut, list 16% above issue price
The offer received bids for 79.35 crore shares as against 2.53 crore shares on offer.
 "Gaja Capital shares make strong debut, list 16% above issue price")