Page 21 - Indian Equity Markets
Top common stock market myths: The truth versus reality; fact-check here
The raging bull market has resulted in increasing faith in narratives and myths and declining focus on numbers and facts, said Kotak Institutional Equities in its July strategy report.
 "Top common stock market myths: The truth versus reality; fact-check here")
Inox Wind surges 15% as promoter completes Rs 900 crore fund infusion
The company said the funds will be utilised by IWL to completely pare down its external term debt to achieve a net debt free status.
 "Inox Wind surges 15% as promoter completes Rs 900 crore fund infusion")
This smallcap stock has surged 10% in two days; check details here
Notably, the stock has soared 10.23 per cent in the last two trading sessions
 "This smallcap stock has surged 10% in two days; check details here")
Explained: Sebi order on MII charges; Impact on stock brokers, investors
All you need to know about Sebi's order on MIIs charges on turnover fees; why they should be uniform in nature and how will it impact the stock brokers and end investors.
 "Explained: Sebi order on MII charges; Impact on stock brokers, investors")
This shipbuilding stock has zoomed 108% from June low; m-cap hits Rs 1 trn
Shares of Mazagon Dock Shipbuilders are continued at their upward movement, hitting a new high of Rs 4,989, gaining 6.5 per cent on the BSE in Thursday's intra-day trade on healthy business outlook.
 "This shipbuilding stock has zoomed 108% from June low; m-cap hits Rs 1 trn")
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")
Force Motors shares fall over 2% after June auto sales disappoint
The fall in the share price came on the back of weak June sales numbers. Force Motors' total sales slipped 2.9 per cent to 2,553 units
 "Force Motors shares fall over 2% after June auto sales disappoint")
RVNL emerges as lowest bidder for project of Rs 133 cr; shares up over 2%
The uptick in stock price came after RVNL announced that it has emerged as lowest bidder (L-1) for a contract worth Rs 133 crore from Central Railway
 "RVNL emerges as lowest bidder for project of Rs 133 cr; shares up over 2%")
Bansal Wire IPO opens on July 03; check price band, GMP, should you bid?
The Bansal Wire IPO subscription period opens on July 3, 2024, and closes on July 5, 2024
 "Bansal Wire IPO opens on July 03; check price band, GMP, should you bid?")
This stock has zoomed 200% in 1 year, touched Rs 1 trillion market cap
Shares of Solar Industries India hit a new high of Rs 11,186.20, as they rallied 11 per cent on the BSE in Tuesday's intra-day trade on healthy business outlook.
 "This stock has zoomed 200% in 1 year, touched Rs 1 trillion market cap")
Welspun Specialty stock zooms 9% after securing contract worth Rs 117 cr
The share price soared after the company announced that it has secured a contract worth Rs 117.17 crore for supply of seamless stainless steel boiler tubes
 "Welspun Specialty stock zooms 9% after securing contract worth Rs 117 cr")
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")
Top stock picks for July 01 by Angel One; check key levels here
On the weekly chart, Mahindra Logistics stock prices have confirmed a bullish reversal pattern breakout known as the Cup and Handle
 "Top stock picks for July 01 by Angel One; check key levels here")
Buy & sell ideas for July 01 from Anand Rathi: Nestle, SBI Life, ONGC
Notably, SBI Life has recently broken out of this consolidation range and is now sustaining levels above it, indicating a potential upward trend
 "Buy & sell ideas for July 01 from Anand Rathi: Nestle, SBI Life, ONGC")
EU Court upholds Rs 126 cr fine imposed on Ipca Labs' unit; stock jumps 4%
The uptick in share price came after the company announced that the EU Court upheld Rs 126 crore fine imposed on Ipca Labs' unit, Unichem Laboratories
 "EU Court upholds Rs 126 cr fine imposed on Ipca Labs' unit; stock jumps 4%")
Jubilant Ingrevia up 2% USFDA issues Zero observations for Bharuch unit
The market capitalisation of Jubilant Ingrevia is Rs 8,383.76 crore, according to Bombay Stock Exchange (BSE)
 "Jubilant Ingrevia up 2% USFDA issues Zero observations for Bharuch unit")
Ajit Mishra from Religare Broking suggests buying these three stocks today
Markets edged higher as expected, gaining over half a percent. After a flat start, the Nifty gradually climbed throughout the session and closed near the day's high at 23,868.80
 "Ajit Mishra from Religare Broking suggests buying these three stocks today")
Zee Media rallies over 8% after board approves fundraise of up to Rs 200 cr
The uptick in share price came after the board of directors of the company approved a fund raise of up to Rs 200 crore via all permitted instruments
 "Zee Media rallies over 8% after board approves fundraise of up to Rs 200 cr")
CLSA says Zomato is growing faster than Swiggy, sees 25% upside
In terms of revenue, Swiggy's Y-o-Y growth of 24 per cent also fell short of Zomato's adjusted revenue growth of 55.9 per cent Y-o-Y
 "CLSA says Zomato is growing faster than Swiggy, sees 25% upside")
VPRPL rallies 8% on Rs 273 crore-order win from Uttar Pradesh Jal Nigam
The surge in the stock price came after the company announced that it has secured an order worth Rs 273.11 crore from Uttar Pradesh Jal Nigam