Page 13 - Indian Equity Markets

Mphasis share price up 4% after Q2FY25 profit jumps over 8%; details here

The rise in Mphasis share price came after the company reported a healthy September quarter (Q2FY25) results.

SRF slips 4% as UBS downgrades to 'Sell' from 'Buy'; sees downside of 22%

The market's expectation of a demand recovery for SRF's chemical segment will be met with disappointment, UBS said

Gopal Snacks shares fall over 4% on weak margin, higher expenses

The drop in the share price came after the company's expenses jumped 13.1 per cent year-on-year (Y-o-Y) to Rs 3,649.9 crore in Q2FY25, from Rs 3,227.88 crore in Q2FY24

Lyka Labs shares rally 7% on CDSCO nod for diabetic neuropathy pain drug

Lyka Labs shares rose as the company announced that it has received the CDSCO approval for manufacturing & marketing of of Pregabalin Gel 8% w/w for use in patients with Diabetic Neuropathic Pain.

Premier Energies' subsidiaries bag orders worth Rs 765 cr; shares soar 10%

The surge in Premier Energies share price came after the company announced that it has secured orders worth Rs 765 crore.

Iran-Israel war, Sebi F&O: Why Sensex plunged over 1,800 pts intraday today

The BSE Sensex fell as much as 1,264.2 points, or 1.50 per cent, reaching an intraday low of 83,002.09. Similarly, the Nifty 50 dropped 345.3 points, or 1.33%, hitting an intraday low of 25,451.60

Dev Information Technology share jumps 7% after arm files DRHP for IPO

Dev IT share price rose after its subsidiary, Dev Accelerator Limited (DevX), filed a draft red herring prospectus (DRHP) for an initial public offering (IPO) aimed at expanding its coworking spaces.

Navratri 2024: How are FII, DII, retail investors positioned in the market?

Derivatives market update for Oct 03: Dhupesh Dhameja of SAMCO Securities sees max pain for Nifty at 25,750 and Bank Nifty at 52,900 based on the existing options data.

Nifty IT shows bearish trend, Nifty Auto overbought; trading strategy here

The Nifty Auto Index appears overbought on the near-term charts, indicating a potential pullback in the coming sessions, likely after the monthly expiry.

Paytm shares rise 3% after Emkay upgrade to 'Add', doubles target price

The surge in the Paytm stock was fueled by domestic brokerage Emkay's upgrade to 'Add' from 'Reduce.'

Firstsource Solutions shares gain 3% after arm buys Ascensos for GBP 42 mn

The surge in Firstsource Solutions share price came after the company announced that Firstsource Solutions UK Limited, a wholly-owned subsidiary of the company, has acquired Ascensos for 42 mn pounds

HFCL up 6%, at 52-wk high on deal to supply drone parts to General Atomics

HFCL is developing drone detection radar, which is expected to become a crucial element in modern drone detection systems.

This Ashish Dhawan-backed pharma stock zoomed over 100% in 2 straight years

Glenmark Pharma rallied nearly 9% to Rs 1,763.90 after the US drug regulator issued Form 483 with zero observations for its formulation manufacturing facility in Aurangabad.

Jigar S Patel of Anand Rathi suggests buying these stocks on September 23

Recently, Adani Power broke through a key bearish trendline on the daily chart, suggesting a potential reversal in momentum from its previous downtrend.

Patel Engineering up 5% on emerging lowest bidder for project of Rs 240 cr

The rise in Patel Engineering share price came after the company said that it has bagged an order worth Rs 240.02 crore from NHPC.

Phoenix Mills rallies 7% as arm emerges highest bidder for plots in Punjab

The uptick in The Phoenix Mills share price came after the company said that it unit, Casper Realty Private Limited, has been declared as the highest bidder for two prime city-centric plots in Mohali

Aavas Financiers board okays raising funds of Rs 630-cr via NCDs; shares up

The rise in Aavas Financiers came after the company approved issuance of non-convertible debentures (NCDs) to raise Rs 630 crore.

NTPC hits all-time high after arm files draft papers for Rs 10,000-cr IPO

The surge in the NTPC share price came after the company filed Initial Public Offering (IPO) papers for its green energy arm, NTPC Green Energy Limited (NGEL).

JK Tyre & Ind board okays merger with Cavendish Industries; stock gains 3%

The uptick in the JK Tyre & Industries share price came after the company's board approved the merger with Cavendish Industries.

Here's why Tarmat shares were locked in 5% upper limit on Sept 17; details

The uptick in Tarmat shares came after the company announced that it has secured an order of Rs 139.48 crore from Maharashtra State Infrastructure Development Corporation.