Page 40 - Indian Equities

Stock Market close highlights: Sensex tanks 573 pts, Nifty at 24,718; FMCG, PSBs top drag

Sensex Today | Stock Market Close, Friday, June 13, 2025: The Nifty Midcap100 and Nifty Smallcap100 index settled in red, down by 0.24 per cent and 0.43 per cent, respectively

Kernex Microsystems locks in 5% upper limit on securing this deal; details

Kernex Microsystems shares jumped after it announced that Kernex Microsystems-VRRC consortium has received a Letter of Award (LoA) of ₹311.03 cr from Southern Railways.

Why did TVS Srichakra shares zoom 13% in trade today? Find out here

TVS Srichakra shares surged after its premium tyre brand, Eurogrip, was officially integrated into the after-sales service network of Honda Taiwan Co., Ltd.

DCM Shriram to acquire Hindusthan Specialty Chem for ₹375 cr; stock up 3%

DCM Shriram shares surged after its Board approved acquiring 100 per cent equity in Hindusthan Speciality Chemicals for ₹375 crore. The deal will be executed in one or more tranches.

Why is Jubilant Pharmova share price buzzing in an overall weak market?

Jubilant Pharmova shares rose after its board approved the slump sale of its API business to wholly-owned subsidiary, Jubilant Biosys.

India remains a 'refuge for investors' amid global market jitters: HSBC

Standard Chartered and HSBC say Indian equities are supported by strong macro fundamentals, domestic inflows and government spending despite global uncertainty

Why is Ashoka Buildcon share price under pressure today? Find out here

Ashoka Buildcon shares fell after the company informed the exchanges that the GST Department, Mumbai, has served a notice for Search and Seizure operations at the office premises in Nashik.

Here's why Anupam Rasayan shares hit 52-week high today; details inside

By 12:50 PM, Anupam Rasayan shares were off highs, and were trading merely 0.20 per cent higher at ₹1,105.10 per share.

Northern ARC pops 4% as RBI grants approval for undertaking factoring biz

Northern ARC share price jumped in trade after the company announced that the Reserve Bank of India (RBI) has granted approval to the company for undertaking factoring business.

This smallcap defence stock jumps 5% in trade today; here's why

NIBE share price rose after securing an order worth Rs 23.33 crore from an infrastructure and defence company for supply of armour plat MIL12560 (ARMOUR).

SEPC share zooms 10% on securing order from Parmeshi Urja; details here

SEPC share price zoomed after it announced that it has secured a letter of award (LoA) worth ₹650 crore from Parmeshi Urja Limited, Kolkata.

Indian equities to outperform despite near-term risks: Standard Chartered

While acknowledging that valuations appear stretched, Standard Chartered noted that Nifty's 12-month forward P/E ratio of 20.6x is above its long-term average of 18.2x but still below recent peaks.

Tolins Tyres zooms 11% on achieving highest-ever monthly production in May

Tolins Tyres produced a record 816 metric tonnes (MT) during the month, comprising 46,599 units (252 MT) of tyres and 17,714 units (564 MT) of Precured Tread Rubber (PCTR).

Mahindra Logistics rises 2% in trade on Wednesday, June 11; check why

Mahindra Logistics share price rose after the company launched its new state-of-the-art warehousing facility in Phaltan, Maharashtra.

Here's why Kolte-Patil Developers share is buzzing today, June 11; details

Shares of Kolte-Patil Developers rose on Wednesday after the Competition Commission of India (CCI) approved a proposal by BREP Asia III India Holding Co VII to acquire a 40% stake in the company

Solarium Green Energy share hits 5% upper circuit on June 11; here's why

Shares of Solarium Green Energy surged on Wednesday after the company announced its re-entry into the manufacturing of solar modules, leveraging cutting-edge, fully automated technology.

Why is Morgan Stanley bullish on Grasim Industries in the medium-term?

Grasim Industries shares jumped in trade after New York, US-based brokerage Morgan Stanley upgraded the rating to 'Overweight', from 'Equal-weight.'

What sparked a 6% rally in Zee Entertainment share price today? Details

Zee Entertainment shares were in demand after the company announced a strategic partnership with Bullet, a content and technology start-up co-founded by Azim Lalani and Saurabh Kushwah.

Protean eGov share price zooms 6% on securing this deal; key details here

Protean eGov shares were buzzing in trade after the company announced that it has secured a work order of 100 crore from Bima Sugam India Federation (BSIF) via request for proposal (RFP) process.

₹893-cr order pushes ITD Cementation shares 9% higher; key details here

ITD Cementation share price rose after the company announced that it has secured a contract worth about ₹893 crore, including GST. in Odisha.