Page 14 - Indian Equity Markets
Investec bets on Adani Green, initiates with 'Buy'; sees 31% upside
Despite this positive outlook, Adani Green's stock was trading about 2 per cent lower at Rs 1,890.20 as of 9:26 AM, while the BSE Sensex was down 0.08 per cent to 82,920.90 levels.
 "Investec bets on Adani Green, initiates with 'Buy'; sees 31% upside")
Phoenix Mills fixes Sept 21 as record date for 1:1 bonus issue; stock up 4%
This increase in the company's share price followed the board of directors' approval for a Bonus Equity Share issuance in the ratio of 1:1.
 "Phoenix Mills fixes Sept 21 as record date for 1:1 bonus issue; stock up 4%")
Lumax Auto acquires majority stake in Greenfuel Energy; stock flies 9%
The uptick in the share price came after the company announced the acquisition of a majority stake in Greenfuel Energy Solutions Private Limited (Greenfuel) from its existing shareholders.
 "Lumax Auto acquires majority stake in Greenfuel Energy; stock flies 9%")
Apollo Micro Systems shares gain 4% on securing Rs 77 crore order; details
The uptick in Apollo Micro Systems share price came on the back of multiple order wins worth Rs 77 crore.
 "Apollo Micro Systems shares gain 4% on securing Rs 77 crore order; details")
Here's why Thermax share price surged over 6% on September 16; details
The uptick in Thermax share price came after the company announced that its wholly-owned subsidiary has received a repeat order worth Rs 516 crore.
 "Here's why Thermax share price surged over 6% on September 16; details")
Transformers & Rectifiers India shares up over 4% on Rs 114-crore order win
The surge in the company's share price came after the company received an order worth Rs 114 crore from RRVPNL.
Here's why Puravankara share price hit 5% upper circuit on Sept 13; details
The stock's rally was fuelled by the company's announcement of securing redevelopment rights of Miami Apartments at Breach Candy, South Mumbai.
 "Here's why Puravankara share price hit 5% upper circuit on Sept 13; details")
Gujarat Fluoro hits 52-wk high after arm incorporates German subsidiary
The surge in the chemical company's stock came after it announced that GFCL EV Products, a wholly-owned subsidiary, has incorporated its wholly-owned subsidiary company, GFCL EV Products GmbH.
 "Gujarat Fluoro hits 52-wk high after arm incorporates German subsidiary")
Inox India shares gain 5% on securing patent rights for cold storage unit
The uptick in Inox India share price came after the company announced that it has received patent rights from the Patents office, Government of India.
 "Inox India shares gain 5% on securing patent rights for cold storage unit")
Chandan Taparia of MOFSL recommends buying these stock on September 11
PI Industries is in a strong uptrend and holding the gains at higher zones.
 "Chandan Taparia of MOFSL recommends buying these stock on September 11")
SEPC shares up over 4% on bagging Rs 183-cr order from Bihar Government
The uptick in SEPC share price came after the company announced that it has secured an order of Rs 182.56 crore.
 "SEPC shares up over 4% on bagging Rs 183-cr order from Bihar Government")
Sona BLW share price surges 3% on raising funds worth Rs 2400 crore via QIP
The Sona BLW share price rose after the company announced that it has successfully raised Rs 2,400 crore via qualified institutional placement (QIP).
 "Sona BLW share price surges 3% on raising funds worth Rs 2400 crore via QIP")
IRB Infrastructure August toll collection zooms 20% YoY; share price gains
The August 2024 toll revenue grew over 20 per cent year-on-year to Rs 503 crore, from Rs 417 crore in August 2023.
 "IRB Infrastructure August toll collection zooms 20% YoY; share price gains")
Nibe share price locked in 5% upper band after units secure multiple orders
The surge in the Nibe shares came after the company announced multiple order wins by its subsidiaries.
Here's why RBM Infracon stock was locked in 5% upper circuit today; details
The uptick in the RBM Infracon stock price came after the company announced that it has bagged an order worth Rs 3,498 crore from Oil and Natural Gas Corporation (ONGC).
 "Here's why RBM Infracon stock was locked in 5% upper circuit today; details")
SBI Card, Laxmi Organic and GAEL among top bets by Jigar S Patel for today
Over the past 7-8 weeks, Laxmi Organic Industries has been trading within a relatively narrow range of approximately Rs 235-270, indicating a period of consolidation.
 "SBI Card, Laxmi Organic and GAEL among top bets by Jigar S Patel for today")
Sundaram-Clayton share price up 4% after Tamil Nadu unit begins production
The shares of Sundaram-Clayton surged after the company announced that it has commissioned the commercial production of Aluminium Die Castings, effective September 5, in Tamil Nadu.
Nuvama says 'Buy' Polycab India for 25% upside, raises target; Here's why
The brokerage, however, has maintained its 'Buy' rating on the scrip.
 "Nuvama says 'Buy' Polycab India for 25% upside, raises target; Here's why")
Goldiam International hits all-time high on Rs 70-cr order win; details
The jump in Goldiam International share price came after the company announced that it has secured an order worth Rs 70 crore from a large retailer in the USA.
 "Goldiam International hits all-time high on Rs 70-cr order win; details")
Godfrey Phillips shares slip 5% on 24Seven retail business sale report
The fall in Godfrey Phillips shares price came after media reports indicated that the company has finalised the sale of its retail business 24Seven.