The brokerage firm BofA Securities upgraded the stock to 'Buy' on the back of strong revenue momentum and operational leverage, which can surprise on consensus estimates.
The company executed Letter of Intent (LoI) with USA based leading global Oil Field Services Company for strategic supplier and contract manufacturing partnership.
The Nifty Bank, Nifty Financial, Nifty Private and Nifty PSU Bank indices were up 0.35 - 0.51 per cent, while Nifty Realty and Nifty Auto indices were down 0.10 - 41 per cent .
Ratings agency ICRA said the likelihood of El Nino in FY24 may have a positive impact on electricity demand.
Thus far in the calendar year 2023, the stock of India's leading anti-drone technology and defense training solutions provider has zoomed 146% as compared to a less than 3.3% rise in the Sensex
Stocks to Watch on June 8, 2023: Shares of banks, automobile, and real estate companies could see considerable action in Thursday's session as the Reserve Bank of India (RBI) is slated to announce its
Stock market live updates: The SGX Nifty signaled a firm start on Wednesday as it rose over 50 points to 18,745 levels
A combined 1,121 million shares, which represented 11.1 per cent total equity of Suzlon Energy changed hands on the NSE and BSE
Thus far in the calendar year 2023, shares of Tata Motors and Tata Motors DVR have rallied 48 per cent, as compared to 2.8 per cent rise in the S&P BSE Sensex.
At 10:27 AM; with a market cap of Rs 3.02 trillion, Axis Bank stood at the 17th position in overall ranking of the BSE listed companies, data shows.
Aurionpro, BDL, Centum Electronics, Cigniti Techno, Data Patterns, Dreamfolks, Fusion Micro, IOX Exchange, KDDL, Mahindra CIE, Safari Ind and Syngene hit their respective all-time highs today
The company has signed a MoU with the Maharashtra government for setting up three Pumped Storage Hydro Projects of 5,700 MW capacity in Maharashtra, would entail an investment of about Rs 27,000 crore
Stocks to Watch today, June 7, 2023: Tata Power, Uniparts India, Seshasayee Paper, Marksans Pharma will turn ex-dividend on Wednesday
Stock market live updates: Tracking weak global handover, the SGX Nifty, on Tuesday, indicated a subdued start as it quoted 18,694 levels, down 31-odd points
Till 02:50 PM; a combined 19.2 million equity shares, representing 6.9 per cent of total equity of HBL Power, had changed hands on the NSE and BSE
The company said the board will meet on Friday, June 9, to consider bonus issue and stock split proposal
The company reported a healthy 30 per cent year-on-year (YoY) and month-on-month (MoM) jump in its total sales of 2,645 units in May month.
The company said the project awarding has seen an uptick and will likely gain further momentum in the coming quarters
Profitability of cement companies are likely to improve in fiscal 2024, owing to softening of coal and pet coke prices and better operational efficiency, says Crisil Ratings.
Going ahead, analysts at ICICI Securities perceive peak execution through to FY25E based on the current orderbook visibility.