Page 64 - Indian Equities

India Glycols inks deal with Amrut Distilleries; share price surges 6%

The surge in shares came after the company announced that it has partnered with Amrut Distilleries, for manufacturing, bottling, marketing and selling of Amrut's few premium brands.

This smallcap NBFC stock rose 5% ahead of Board meeting to raise funds

The shares of Ugro Capital rose ahead of the company's scheduled board meet on September 24 to consider fund raising.

Fusion Finance tanks 10%, hits record low on higher ECL provisioning in Q2

Fusion Finance said it may be required to make an estimated credit loss (ECL) provisioning between Rs 500 crore to Rs 550 crore in Q2FY25 as compared to Rs 348 crore provision in Q1FY25.

Sell Nifty50, MidCap Select on the rise; Check support & other levels here

The Nifty 50 Index remains bullish but overbought, indicating a possible near-term correction or profit booking.

Mankind up 7% ahead of board meet for fund raising; m-cap tops Rs 1 trn

The board is to consider and approve the raising of funds by way of issue of non-convertible debentures, commercial papers, other debt securities or any other security or any combination thereof.

Cosmic CRF shares hit 5% upper circuit on Rs 127-crore order win; details

The surge in Cosmic CRF share price came after the company announced that its subsidiary, N S Engineering Projects, has secured an order worth Rs 127.44 crore from the infrastructure industry.

IIFL Finance share price zooms 13% as RBI lifts ban on gold finance biz

The uptick in IIFL Finance share price came after the Reserve Bank of India (RBI) lifted ban on the company's gold finance business.

Nifty PSU Bank declines 2% amid Vodafone Idea's AGR concerns

Analysts link the index's decline to a major drop in Vi's stock price after the SC rejected telecom companies' plea to re-evaluate AGRs, while also affirming the govt's existing AGR demands.

Garden Reach Shipbuilders shares jump 6% on four multipurpose vessels order

The uptick in Garden Reach shares came after the company announced that it has secured an order for four (4) multi-purpose vessels from Carsten Rehder Schiffsmakler and Reederei GmbH & Co.

Ion Exchange share price flies 10% on Rs 161-cr order win; details here

The uptick in Ion Exchange share price came after the company announced that it has secured an order worth Rs 161.19 crore from Adani Power.

Globus Spirits hits 52-week high on launching its first single malt whisky

The shares of Globus Spirits rose after the company announced the launch of its first single malt whiskey, DŌAAB India Craft Whisky.

Carborundum Universal share price rises 6% on multiple acquisitions

The uptick in share price came after Carborundum Universal revealed that it has entered into a share purchase agreement to acquire a 100 per cent stake in Silicon Carbide Products, USA.

Firstsource Solutions share price up 4% on inking pact with Microsoft

The uptick in Firstsource Solutions share price came after the company announced that it has inked a pact with Microsoft to deliver cutting-edge digital transformation services to clients worldwide.

This pharma stock has zoomed 179% so far in CY24; Antique sees more upside

Shares of Shilpa Medicare hit a new high of Rs 922, gaining 4% in Monday's intra-day trade after Antique Stock Broking initiate coverage on the stock with a BUY rating and a target price of Rs 1,300.

Nazara Tech up 4%, hits 52-wk high on Rs 982-cr investment in 'PokerBaazi'

The uptick in Nazara Technologies share price came after the company announced that it has invested Rs 982 crore in Moonshine Technology, which owns and operates online poker platform PokerBaazi

HG Infra Engineering share price up 5% on securing Rs 716-crore work order

The HG Infra share price rose after the company received a letter from the Central Railway regarding the appointed date for the Rs 716-crore project.

Bull spread strategy recommended for Nifty Bank by HDFC Securities today

Short covering is seen in the Bank Nifty Futures, where we have seen 9 per cent fall in the open interest with Bank Nifty rising by 1.49 per cent.

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.

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.

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. =