Page 69 - Indian Equities
Bondada Engg stock price hits 5% upper circuit on securing Rs 317 cr-order
The uptick in the stock price came after the company announced that it has secured an order worth Rs 316.83 crore on Thursday post-market hours
 "Bondada Engg stock price hits 5% upper circuit on securing Rs 317 cr-order")
Sell Nifty Metal on the rise, support at 9,500; more details here
The Nifty Metal Index is currently in a phase of consolidation, trading within a narrow range of 300 points, specifically between 9,700 and 10,000
 "Sell Nifty Metal on the rise, support at 9,500; more details here")
Indian equity returns likely muted for remainder of the year, says Nomura
The Japan-based brokerage said the surge in retail flows into domestic mutual funds over the years has been driven by structural factors like under-allocation to equities
 "Indian equity returns likely muted for remainder of the year, says Nomura")
RVNL surpasses BPCL, PNB in market cap ranking; stock zooms 54% in 1 week
At 11:50 am; with Rs 1.33 trillion market cap, RVNL was trading 4.5% higher at Rs 638.25 on the BSE, while, BPCL and PNB's market cap stood at nearly Rs 1.32 trillion, data shows.
 "RVNL surpasses BPCL, PNB in market cap ranking; stock zooms 54% in 1 week")
Stock Market Highlights, July 11: Mid, small-caps outshine Sensex, Nifty; Oil, shipping stocks soar
Stock Market Highlights on Thursday, July 11, 2024: The BSE Sensex ended at session 27 points lower at 79,897, while the Nifty50 closed at 24,316, down 8.5 points
 "Stock Market Highlights, July 11: Mid, small-caps outshine Sensex, Nifty; Oil, shipping stocks soar")
Satin Creditcare up 4% on securing 15 million euro debt funding from OeEB
The uptick in the share price came after the company announced that it has secured 15 million euro debt funding from Asutira's OeEB, to empower rural women entrepreneurs
IRB Infrastructure jumps over 2% on strong June toll revenue growth
The uptick in the stock price came after the company announced a strong set of June toll revenue collections
 "IRB Infrastructure jumps over 2% on strong June toll revenue growth")
Stock Market Highlights, July 10: Sensex down 427 pts, ends below 80k; Nifty nears 24,300; M&M tanks
Stock Market Highlights on Wednesday, July 10, 2024: In the broader markets, the BSE MidCap, and SmallCap indices declined nearly 2 per cent each intraday
Greaves Cotton up 4% after arm inks EV ownership partnership with Acko
The uptick in stock price came after Greaves Cotton announced that its unit, Greaves Finance, has partnered with Acko to facilitate seamless EV ownership across India
 "Greaves Cotton up 4% after arm inks EV ownership partnership with Acko")
Maruti Suzuki zooms 6%, sees sharpest intra-day gain in 2 yrs; details here
The UP govt move to waive registration fee on hybrid cars led to substantial decline in on-road price of strong hybrids in the state to the tune of around 10% and is expected to accerlerte sales.
 "Maruti Suzuki zooms 6%, sees sharpest intra-day gain in 2 yrs; details here")
KPI Green extends rally on inking hybrid power purchase deal with GUVNL
Notably, the stock has risen 7 per cent in two trading sessions following the deal announcement on Friday, July 5, 2024
 "KPI Green extends rally on inking hybrid power purchase deal with GUVNL")
Hind Copper, Siemens: Top picks by Jatin Gedia of ShareKhan for July 9
Hindustan Copper was trading in a downward sloping channel and has now provided a breakout
Ahluwalia Contracts stock hits all time high on order win from AAI; up 18%
The rally in the stock price came after the company announced that it has secured an order worth Rs 572 crore from the Airport Authority of India (AAI)
 "Ahluwalia Contracts stock hits all time high on order win from AAI; up 18%")
Bandhan Bank shares gain 2% on strong June quarter business update
The uptick in share price came on the back of a strong June quarter (Q1FY25) business update
 "Bandhan Bank shares gain 2% on strong June quarter business update")
This smallcap stock has zoomed 251% against QIP price in less than 4 months
Shakti Pumps (India) hit a new high of Rs 4,240.80 and has surged 27 per cent in past one week
 "This smallcap stock has zoomed 251% against QIP price in less than 4 months")
V-Mart up 5% after Q1 biz update impresses investors; store sales up 11%
Shares of retail chain operator V-Mart Retail jumped as much 4.77 per cent to hit a fresh 52-week high of Rs 3,030.25 per share on Wednesday
 "V-Mart up 5% after Q1 biz update impresses investors; store sales up 11%")
Pennar Industries hits 52-week high on establishing plant in Rae Bareli
The uptick in stock price came after the company announced that it is expanding its manufacturing operations in the Northern part of India by establishing a new manufacturing plant at Raebareli, UP
 "Pennar Industries hits 52-week high on establishing plant in Rae Bareli")
ISMT share price rallies 4% after Maharashtra solar plant installation
The uptick in share price came after the company announced that it has completed the installation of a 35 MW DC capacity solar plant worth Rs 138 crore at Maharashtra
 "ISMT share price rallies 4% after Maharashtra solar plant installation")
Allcargo, PVR Inox among top 3 stock picks by Anand Rathi on July 02
On a daily scale, Allcargo has formed a bullish alternate bat pattern following a sharp decline of 14 points, which translated into a substantial 19 per cent reduction in its price
 "Allcargo, PVR Inox among top 3 stock picks by Anand Rathi on July 02")
JSW Energy share price hits 52-week high after unit signs PPA with SJVN
The surge in the stock price came after the JSW Energy announced that its unit has inked a power purchase agreement (PPA) with SJVN
 "JSW Energy share price hits 52-week high after unit signs PPA with SJVN")