Page 7 - The Smart Investor News

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.

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.

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.

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.

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.

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.

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.

Paytm zooms 81% from March low; hits highest level since December 2021

In the past month, the stock price of Paytm outperformed the market by surging 39 per cent from a level of ₹1,236.20 on July 24, 2026.

Mukul Agrawal portfolio stock Apollo Pipes zooms 163% from 52-week low

Apollo Pipes management expects a strong recovery over the remainder of FY27E, supported by the Varanasi plant ramp-up, post-monsoon demand recovery and stabilisation in PVC resin price.

Fertiliser stocks jump up to 14% as Russia signals higher supplies to India

Among the basket, Fertilisers and Chemicals Travancore rose the most, rallying over 14 per cent to an intra-day high of ₹894.

Shankesh Jewellers shares list at 11% premium, beat expectations

On NSE, Shankesh Jewellers shares listed at Rs 103.30, a premium of 11.08 per cent over the offer price of Rs 93. Meanwhile, on BSE, the stock debuted at Rs 102.20, up 9.89 per cent.

Vodafone Idea surges 5% in weak market on huge volume; here's why

According to reports, Vodafone Idea is in the final stages of closing debt funding from a State Bank of India (SBI)-led consortium of public sector banks.

PVR Inox rallies 4%, hits 52-week high on share buyback plan

The meeting of the PVR Inox board of directors is scheduled for August 31, 2026, to consider and approve, among other things, a proposal for the buyback of the company's equity shares.

Sunshine Pictures shares make decent debut, list at 10% premium

Sunshine Pictures shares opened at ₹395.90 on the National Stock Exchange (NSE), up ₹35.90, or 9.97 per cent, over the IPO issue price of ₹360.

Hindustan Copper cracks 7% as govt OFS opens; floor price at 10% discount

Hindustan Copper OFS: The government has fixed the floor price of ₹514 a share, implying a discount of 10.4 per cent from the previous close of ₹574.15 on the NSE.

Why stocks of rice exporters LT Foods, KRBL jumped up to 13% on Monday?

The underlying demand fundamentals remain healthy, and the company expects gradual normalization over the coming quarters as the business mix improves, LT Foods said.

Siemens rallies 5%, hits new high in subdued market; what's driving stock?

Thus far in the financial year 2026-27, Siemens outperformed the market by soaring 40 per cent, against a 7.5 per cent rise in the BSE Sensex.

Vishal Mega Mart shares rally 9.5% on re-appointment of CEO for five years

Gunender Kapur was appointed MD and CEO for a period of three years, with effect from June 27, 2024. His existing term of three years is due to expire on June 26, 2027.

Oriental Hotels share price rises over 5% on IHCL merger announcement

The Scheme of Arrangement proposes a share exchange ratio of 25 IHCL shares for every 117 Oriental Hotels shares, with completion targeted in the second half of FY2028.