TRSL recently received the largest-ever order for Wagons from Indian Railways
Stocks to watch on June 28, 2023: HDFC said the announced dates for its merger into HDFC Bank are tentative and subject to completion of certain formalities; JSW Steel could replace HDFC in Sensex
CLOSING BELL ON JUNE 27, 2023: HDFC-HDFC Bank set July 01 as the merger date; stocks end with gains of around 1.5 per cent each. Cyient DLM IPO sails through on Day 1, subscribed 1.9x as of 3:50 PM.
Thus far in the month of June, the stock has surged 43 per cent after the company reported 30 per cent year-on-year and month-on-month jump in total sales at 2,645 units for the May month.
On June 1, the company's board approved preferential issuance of Rs 1,250 crore to its promoter and promoter group entity, out of the total approved equity fund raise of upto Rs 3,000 crore.
Shares of Apollo Micro Systems hit a new high of Rs 55.25, zooming 355 per cent in past one year, as against 19 per cent rise in the S&P BSE Sensex.
IndiGo's market cap hit Rs 97,921 crore in intra-day trade on Tuesday and was less than 2 per cent from hitting the milestone.
Stocks to Watch on June 27, 2023: Lupin: As per reports, Lupin is considering a restructuring move to unlock value by demerging its API (active pharmaceutical ingredients) business
CLOSING BELL ON JUNE 26, 2023: The Sensex ended on a flat note, down 9 points, while the NSE Nifty 50 gained 26 points in trade on Monday.
Sixth Sense India Opportunities III acquired over 200,000 shares of the company via the open market.
The stock of fintech company was trading at its highest level since May 2022.
The overall trend in these stocks remain positive, however crucial hurdles need to be conquered to rally further.
SSWL is looking to expand its presence in alloy wheel with global passenger car segment customer
The company plans to delist its equity shares pursuant to a Scheme of Arrangement with ICICI Bank.
Last week the Income Tax department initiated a survey action at five locations of the cement manufacturer.
Stocks to Watch on June 26, 2023: The Hinduja Group is in talks to invest Rs 10,000 crore to hike its stake in IndusInd Bank, as per media reports
Analysts anticipate the broking revenue to remain stable in FY24, while expect strong growth in the distribution business and in interest income, led by strong growth in the MTF book
The stock hit a new high of Rs 477.15, surging 7% on the BSE in Friday's intra-day trade
Shares of Delhivery and Craftsman Automation may rise up to 15% and 12%, respectively, show technical charts
As per management, the Room Air Conditioner business did well in April, but Voltas saw below-expected volume growth in the key month of May due to unseasonal rain.