Page 17 - Indian Equity Markets
Nifty PSU Bank may outperform in near-term; buy on dips strategy advised
The best trading strategy for the Nifty PSU Banks Index would be to adopt a "buy on dips" approach.
 "Nifty PSU Bank may outperform in near-term; buy on dips strategy advised")
YES Securities initiates 'Sell' on Relaxo Footwear amid rich valuations
In the past two trading sessions, on the bourses, the stock has dropped about 3%. Today (August 26), the stock has fallen as much as 1.87% to hit an intraday low of Rs 794.80 per share.
 "YES Securities initiates 'Sell' on Relaxo Footwear amid rich valuations")
BHEL stock up 3% on multiple order wins of Rs 11,000 cr; more details here
The shares of BHEL rallied after the company announced that it has secured multiple orders worth over Rs 11,000 crore from Adani Power and its subsidiary Mahan Energen Limited.
 "BHEL stock up 3% on multiple order wins of Rs 11,000 cr; more details here")
JSW Energy arm gets contract for 250 MW wind power project; stock gains 2%
The surge in the JSW Energy share price came after the company announced that its arm, JSW Neo Energy has bagged a Letter of Award (LoA) for a project from Adani Electricity.
 "JSW Energy arm gets contract for 250 MW wind power project; stock gains 2%")
Ashoka Buildcon up 5% on emerging as lowest bidder for project of Rs 478 cr
The rise in Ashoka Buildcon share price came after the company announced that it has emerged as lowest bidder for project of Rs 478 crore from Mumbai Metropolitan Region Development Authority (MMRDA).
 "Ashoka Buildcon up 5% on emerging as lowest bidder for project of Rs 478 cr")
Nifty50 bullish on charts; Breakout above 24,950 may lead to new highs
The Nifty50 Index is currently showcasing a bullish trend on the charts, indicating strong upward momentum in the near-term.
 "Nifty50 bullish on charts; Breakout above 24,950 may lead to new highs")
Jigar S Patel of Anand Rathi recommends buying these three stocks on Aug 26
After peaking around the Rs 101 mark in September 2023, the IDFC First Bank stock underwent a significant correction, dropping by 30 points, equivalent to a 29.34 per cent decline from its high.
 "Jigar S Patel of Anand Rathi recommends buying these three stocks on Aug 26")
SEPC up 5% on bagging Final Acceptance Certificate from Hutti Gold Mines
The uptick in SEPC share price came after the company announced that it has received the Final Acceptance Certificate from HGML for a contract worth Rs 232 crore.
Spandana Sphoorty board to consider raising funds via NCDs; stock up 2%
The rise in the Spandana Sphoorty stock price came after the company announced that its board of directors will meet on August 27 to consider raising funds via NCDS on private placement basis.
 "Spandana Sphoorty board to consider raising funds via NCDs; stock up 2%")
Muthoot Capital Services zooms 9% on plans to raise up to Rs 50 cr via NCDs
The Muthoot Capital Service stock rose after the company announced that board of directors will meet on August 24 to consider and approved issuance of NCDs upto Rs 50 crore on private placement basis.
 "Muthoot Capital Services zooms 9% on plans to raise up to Rs 50 cr via NCDs")
BEML stock price rallies 4% on inking multiple deals; up 27% in 6 months
The rise in the BEML stock came after the company announced that it has inked multiple deals.
 "BEML stock price rallies 4% on inking multiple deals; up 27% in 6 months")
IREDA stock price zooms 9% on August 22; up 26% in last 3 months
The rise in the IREDA share price came after the company announced its plans to raise funds worth up to Rs 4,500 crore via FPO, QIP and other means.
 "IREDA stock price zooms 9% on August 22; up 26% in last 3 months")
Here's why Marksans Pharma stocks hit 52-week high on August 21; Know more
The surge in the stock price came after the company announced that its wholly owned subsidiary (WOS) Relonchem Limited has secured Marketing Authorisation from UKMHRA for three products.
 "Here's why Marksans Pharma stocks hit 52-week high on August 21; Know more")
Here's why CESC stock price jumped over 3% on August 21; details here
The shares of CESC rose after the company announced that its subsidiary, Purvah Green Power Private Limited has incorporated a Wholly Owned Subsidiary (WOS) company, Ecofusion Power Private Limited.
 "Here's why CESC stock price jumped over 3% on August 21; details here")
Sapphire Foods stock rises over 4% on fixing record date for stock split
The surge in Sapphire Foods share price came after the company announced that it has fixed September 5 as the 'Record Date' for stock-split.
Hazoor Multi Projects share price up 5% on winning Rs 274 crore project bid
The share price of Hazoor Multi Projects rose after the company announced that it has emerged as the lowest bidder (L-1) for a project worth Rs 273.74 crore from MSIDC.
 "Hazoor Multi Projects share price up 5% on winning Rs 274 crore project bid")
Here's why Glenmark Pharma stock hit all time high on Aug 19; details here
The rise in the share price came after the company announced that its unit, Glenmark Therapeutics Inc, USA (Glenmark) has launched Olopatadine Hydrochloride Ophthalmic Solution USP, 0.1 per cent.
 "Here's why Glenmark Pharma stock hit all time high on Aug 19; details here")
NCC stock price up 5% after company fixes record date for dividend payout
The record date for determining the shareholders who are eligible for the equity dividend is August 30, 2024.
 "NCC stock price up 5% after company fixes record date for dividend payout")
ACE stock soars 4% on order win from Ministry of Defence; up 64% in 1 year
The surge in ACE stock price came after the company announced that it has bagged an order from the Ministry of Defence (MoD).
Caplin Point share price hits record high after ANVISA clears Chennai plant
The facility was inspected between August 12 and 16, 2024, the company said.