Page 49 - Indian Equities

Analysts bullish on Federal Bank after new CEO unveils plan for growth

The Federal Bank shares popped 2.03 per cent to hit an intraday high of Rs 183.35 per share

RailTel share rises 3% on Rs 288 crore-order win from East Central Railway

The uptick in the Railtel share price came after the company announced that it has secured an order worth Rs 288 crore from East Central Railway

Market Today: GIFT Nifty, Nifty rebalancing, FII, Nasdaq, Quality Power IPO

At 7:06 AM, GIFT Nifty Futures were trading 139 points lower at 22,684, hinting at a gap-down start for the bourses

FPIs withdraw Rs 23,710 cr in Feb; total outflow at Rs 1 trn in 2025

Foreign investors have pulled out over Rs 23,710 crore from the Indian equity markets so far this month, pushing total outflows past Rs 1 lakh crore in 2025 amid rising global trade tensions. Going forward, V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services, believes that revival of FPI investment in India will happen when economic growth and corporate earnings revive. Indications of that are likely to happen in two to three months. According to the data with the depositories, Foreign Portfolio Investors (FPIs) offloaded shares worth Rs 23,710 crore from Indian equities so far this month (till February 21). This came following a net outflow of Rs 78,027 crore in January. With these, the total outflow by FPIs has reached Rs 1,01,737 crore in 2025 so far, data with the depositories showed. This massive selling has resulted in the Nifty yielding negative returns of 4 per cent year-to-date. Market concerns heightened following reports that US President Donald Trum

India ranked second-least favoured in Asia Pacific, says BofA survey

Japan remains the clear favourite in the region, followed by Taiwan

Bandhan Bank share pops 5% as CLSA upgrades to 'High Conviction Outperform'

The rally in Bandhan Bank's share price followed an upgrade from Hong Kong-based brokerage firm CLSA, which raised its rating to 'High Conviction Outperform' from the previous 'Outperform' rating

KEI Industries rises 5% as Morgan Stanley initiates with overweight rating

The northward move in KEI Industries share price came after foreign brokerage firm Morgan Stanley initiated coverage with 'Overweight' rating, with a target price of Rs 4,391

ITI share price locked in 5% upper circuit; Here's what sparked the rally

The increase in ITI's share price followed the company's announcement that it has received a revised order from the AMRCD

Rs 420 cr-order from MoD lifts Action Construction Equipment share 2%

The initial uptick in the ACE share price was fuelled by a Rs 420 crore order from the Ministry of Defence for Rough Terrain Fork Lift Trucks (RTFLT)

Religare Enterprises share price jumped 9% in trade on Feb 21: Here's why

The takeover saga began in September 2023 when the Burmans, holding a 25 per cent stake, made an open offer to acquire an additional 26 per cent

Sahaj Agrawal of Kotak Securities suggests Short Strangle strategy on Nifty

Market is likely to remain range-bound in the near term, adhering to the key Support & Resistance levels established over the past two weeks

Avantel share zooms 14% on securing Rs 43 cr-order from NewSpace India

The rise in the share price of Avantel came after the company said it has received a purchase order of Rs 43.25 crore, including taxes, from NewSpace India Limited

Cyient share price jumps 4% on roping in Sukumal Banerjee as CEO; details

The rise in the share price followed the announcement of appointing Sukumal Banerjee as executive director and chief executive officer of its DET business, effective February 19, 2025

Here's why RateGain share price was in demand today; key details here

RateGain share rose after it announced that Nok Air has selected AirGain, its advanced pricing intelligence platform, to gain real-time competitive insights

Here's why Waaree Energies share rose over 4% in trade on February 20

The rise in Waaree Energies share price came after it bagged an order for the supply of solar modules for 362.5 MWp by Khaba Renewable Energy to, a subsidiary of Engie India

Bharat Forge share up 3% as arm inks deal to supply artillery cannons to US

The uptick came after Kalyani Strategic Systems, a subsidiary of Bharat Forge, and AM General, USA, signed a letter of intent (LOI) for the supply of made-in-India advanced artillery cannons to the US

Buy & Sell: Top picks by Ruchit Jain of Motilal Oswal for February 20

UPL stock has recently given a breakout from a long consolidation phase and the declines post the breakout has seen strong buying interest

Ajit Mishra of Religare Broking suggests buying these two stocks on Feb 20

Cholamandalam Investment has shown strong performance in the financial sector, stabilizing around its 100-week EMA

ABB India: Brokerages cut target post Q4; Nomura downgrades to 'Reduce'

A key factor influencing the change in target price is ABB India's disappointing order inflow, which missed expectations by 24 per cent, highlighting potential challenges in the near-term

Concor share up 2% on awarding order worth Rs 690 cr to Braithwaite & Co

Concor share rose after the company announced that it has awarded an order for manufacture and supply of 30 BLSS (spine car) rakes on turn key basis to Braithwaite & Co.