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Taking stock: What you should know before investing in equal-weight indices

No single stock can heavily influence overall performance of such indices, leading to more diversified industry exposure

Taking stock: What you should know before investing in equal-weight indices
Updated On : 12 Sep 2024 | 3:00 PM IST

Bharti Airtel stock hits 52-week high after expanding Wi-Fi services to J&K

Shares of Bharti Airtel, one of the leading telecommunications company of India rose as much as 2.02 per cent to record its 52-week high on NSE at Rs 1,577.80 per share on Thursday's intraday trade

Bharti Airtel stock hits 52-week high after expanding Wi-Fi services to J&K
Updated On : 12 Sep 2024 | 2:19 PM IST

Minda Corp's stock surges after board approves fundraise of Rs 1,000 cr

Auto components player Minda Corporation's share price surged 2.52 per cent at Rs 543.90 a piece on the BSE

Minda Corp's stock surges after board approves fundraise of Rs 1,000 cr
Updated On : 12 Sep 2024 | 1:08 PM IST

Kalpataru Projects International bags Rs 2,774-cr order; share price soars

The upward movement in the Kalpataru Projects International shares came after the company announced that it has secured new orders worth Rs 2,774 crore.

Kalpataru Projects International bags Rs 2,774-cr order; share price soars
Updated On : 12 Sep 2024 | 12:52 PM IST

Wanbury shares locked in 5% upper circuit on planned API launches, pipeline

Shares of Wanbury locked in 5 per cent upper circuit on the BSE in Thursday's intraday trade

Wanbury shares locked in 5% upper circuit on planned API launches, pipeline
Updated On : 12 Sep 2024 | 12:27 PM IST

Nazara Technologies up 6% on acquiring 15.86% stake in STAN for Rs 18.4 cr

The shares of Nazara Technologies surged after the company announced that it has acquired a 15.86 per cent stake in STAN for Rs 18.4 crore (or $2.2 million) in an all-cash secondary transaction.

Nazara Technologies up 6% on acquiring 15.86% stake in STAN for Rs 18.4 cr
Updated On : 12 Sep 2024 | 12:07 PM IST

Bajaj Auto hits all-time high on strong demand outlook; zooms 145% in 1 yr

With rural recovery expected widely, the festive season is expected to further boost the performance of tw-wheeler players this year.

Bajaj Auto hits all-time high on strong demand outlook; zooms 145% in 1 yr
Updated On : 12 Sep 2024 | 11:29 AM IST

GE T&D shares jump over 4% after bagging multiple orders; check details

GE T&D India share price surged up to 4.44 per cent at Rs 1,800 per share on the BSE in Thursday's intraday deals

GE T&D shares jump over 4% after bagging multiple orders; check details
Updated On : 12 Sep 2024 | 11:08 AM IST

Ganesha Ecosphere shares surge after incorporating JV company; details

Shares of Ganesha Ecosphere jumped 3.35 per cent at Rs 2024.90 per share on the BSE in Thursday's intraday trade

Ganesha Ecosphere shares surge after incorporating JV company; details
Updated On : 12 Sep 2024 | 11:05 AM IST

Gujarat Fluoro hits 52-wk high after arm incorporates German subsidiary

The surge in the chemical company's stock came after it announced that GFCL EV Products, a wholly-owned subsidiary, has incorporated its wholly-owned subsidiary company, GFCL EV Products GmbH.

Gujarat Fluoro hits 52-wk high after arm incorporates German subsidiary
Updated On : 12 Sep 2024 | 11:05 AM IST

Tata Steel signs GBP 500 mn grant funding pact with UK govt; stock up 3%

The upward move in Tata Steel shares came after the company signed a £500 million grant funding pact with the UK government for a £1.25 billion green steel project in Port Talbot. =

Tata Steel signs GBP 500 mn grant funding pact with UK govt; stock up 3%
Updated On : 12 Sep 2024 | 11:03 AM IST

Engineers India shares climb over 3% after order book touches Rs 11,350 cr

Engineers India share price moved up to 3.48 per cent at Rs 216.90 per share on the BSE in Thursday's intraday deals

Engineers India shares climb over 3% after order book touches Rs 11,350 cr
Updated On : 12 Sep 2024 | 10:26 AM IST

NBCC shares surge 5% on inking MoU with MTNL for Rs 1,600-cr project

The uptick in NBCC share price came after the company announced that it has inked a memorandum of understanding (MoU) with MTNL for a project worth Rs 1,600 crore.

NBCC shares surge 5% on inking MoU with MTNL for Rs 1,600-cr project
Updated On : 12 Sep 2024 | 10:07 AM IST

Nomura ups target for Bajaj duo, M&M Fin, says rate cut positive for NBFCs

Regarding the implications of a rate cut for NBFCs, analysts noted that asset composition is more crucial than liability composition.

Nomura ups target for Bajaj duo, M&M Fin, says rate cut positive for NBFCs
Updated On : 12 Sep 2024 | 9:55 AM IST

Auto stocks may see fresh sell-off if Nifty Auto breaks 25,150, show charts

Traders should closely monitor this level, as any breach could lead to further downside, and the market might see a sell-off in auto stocks.

Auto stocks may see fresh sell-off if Nifty Auto breaks 25,150, show charts
Updated On : 12 Sep 2024 | 7:45 AM IST

Ajit Mishra of Religare Broking recommends buying these stocks on Sept 12

We are seeing noticeable traction in the FMCG counters and ITC is trading in sync with the move. It has formed a buying pivot, after registering a breakout from bullish continuation pattern.

Ajit Mishra of Religare Broking recommends buying these stocks on Sept 12
Updated On : 12 Sep 2024 | 6:28 AM IST

Tata Motors shares slip 6% after UBS maintains 'sell' with target of Rs 825

With Wednesday's correction, the stock of the automobile company has plunged 17 per cent from its record high level of Rs 1,179.05 on July 30, 2024

Tata Motors shares slip 6% after UBS maintains 'sell' with target of Rs 825
Updated On : 12 Sep 2024 | 12:09 AM IST

Shubhshree Biofuels Energy IPO subscribed 120 times on final day of bidding

The initial public offer of Shubhshree Biofuels Energy got subscribed by a whopping 119.37 times on the last day of subscription on Wednesday. The public offer of Shubhshree Biofuels Energy received bids for 11,91,82,800 shares against 9,98,400 shares on offer, according to the NSE data. The initial public offering (IPO) of Shubhshree Biofuels Energy is entirely a fresh issue of 13.92 lakh shares. The company had fixed a price band at Rs 113-119 a share. The company intends to utilise the proceeds of IPO to fund the capital expenditure towards the installation of additional plant and machinery, to meet the working capital requirements, and general corporate purpose. Established in 2013, Jaipur-based Shubhshree Biofuels Energy supplies biomass fuels, including biomass pellets and briquettes, to customers operating in the recycled material, textile processing, pharmaceutical, metal, etc. sectors. Meanwhile, the Rs 45.88-crore IPO of Aditya Ultra Steel subscribed 10.22 times on the f

Shubhshree Biofuels Energy IPO subscribed 120 times on final day of bidding
Updated On : 11 Sep 2024 | 10:55 PM IST

Stock Market Highlights, Sept 11: Sensex sheds 398pts; Nifty ends near 24,900; Banking, Auto drag

Stock Market Highlights: 34 out of 50 constituent stocks of Nifty50 ended lower, dragged by Tata Motors, ONGC, Wipro, L&T, and Adani Enterprises with losses of up to 5.73 per cent

Stock Market Highlights, Sept 11: Sensex sheds 398pts; Nifty ends near 24,900; Banking, Auto drag
Updated On : 11 Sep 2024 | 3:59 PM IST

This smallcap stock has surged 19% in weak market; zoomed 50% in 1 month

The stock price of Gokul Agro has soared 71% since August 2, after the company reported a strong 120% YoY jump in its consolidated profit after tax at Rs 52.88 crore in June quarter.

This smallcap stock has surged 19% in weak market; zoomed 50% in 1 month
Updated On : 11 Sep 2024 | 3:29 PM IST