Page 23 - Indian Equity Markets

Exicom Tele-Systems zooms 40% in 4 days on strategic pact with Hubject

Shares hit a new high of Rs 461, as they rallied 14% on the BSE in Monday's intra-day amid heavy volumes and trading 225% higher over its issue price of Rs 142 per share.

Welspun Specialty zooms over 17% on bagging Rs 117 cr-order from BHEL

The total supply contract value stood at approximately Rs 117 crore, the company said in a statement

Sensex may hit the 81,000 mark by 2024-end: Ravi Singh of Religare

Markets are showing strong momentum, with Nifty firmly holding above the 23,300 mark, indicating that bulls are in strong control

Bajaj Consumer up 4% after board fixes July 2 as record date for buyback

The uptick in share price came after the company's board fixed July 2 as the record date for identifying equity shareholders eligible for the buyback

Nandish Shah of HDFC Securities recommends Bull Spread on Bank Nifty

Long build up is seen in the Bank Nifty Futures, where Open Interest rose by 7 per cent(Prov) with Nifty rising by 0.75 per cent

Vedanta jumps 7% after board approves Rs 1,000-cr fund raise via NCDs

The rise in stock came after the board approved fundraising worth Rs 1,000 crore via non-convertible debentures (NCDs) on a private pavement basis

USFDA issues warning letter to Sun Pharma's Dadra unit; stock slips 2%

The fall came after the company announced that it has received a warning letter from USFDA for current Good Manufacturing Practice (cGMP) violations at its Dadra facility

Wanbury surges 5% after USFDA issues Zero observations for Patalganga site

At 9:55 AM, the shares were off highs, trading 2.25 per cent higher at Rs 163.95 per share. In comparison, BSE Sensex was trading 0.16 per cent lower at 77,211.40 levels.

Blue Dart inks pact with Skye Air for drone delivery service; stock up 3%

The uptick in share price came after the company rolled out drone delivery service in pact with Skye Air, a drone delivery service provider

India set for $2 bn bond inflows around JP Morgan index inclusion day

The $2 billion, single-day inflow estimate by four bankers trails only the record-high $2.7 billion poured into Indian bonds on Aug. 20, 2014

Durlax Top Surface SME IPO opens on June 19; check price band, GMP here

The IPO subscription period for Durlax Top Surface begins on June 19, 2024 (today), and concludes on June 21, 2024

RITES, DVC join hands for innovation in rail infra works; stock rises 3%

The rise in share price came after the company announced that it has joined hands with Damodar Valley Corporation (DVC), for innovation in railway infrastructure works

Stock of this wellness company has zoomed 69% from 52-wk low in 3 days

Shares of Kaya hit a 52-week high of Rs 451.15, as they surged 16% in Friday's intra-day trade, surpassing its previous high of Rs 395.90 touched on August 10, 2023.

Suven Pharma stock rises 6% on nod to acquire Sapala Organics for Rs 230 cr

The surge came after Suven Pharmaceuticals said that it has entered into a definitive agreement to acquire a controlling stake of Sapala Organic for Rs 229.5 crore, in an all cash deal

Venus Remedies up 8% on order win from UNICEF for bacterial infection drug

The uptick in stock price came after the company announced that it has secured an award for its antibiotic product, Ceftriaxone 1 gm, from UNICEF

Torrent Pharma slips 3% after USFDA issues 5 observations for Indrad Unit

The fall came after the United States Food and Drug Administration (USFDA) issued a Form 483 with five observations for the Indrad unit

Tube Investments hits 52-week high on inking Rs 160-crore pact with GEF

The surge in stock price came after TII, along with Tl Clean Mobility Private Limited (TICMPL), entered into a Rs 160-crore pact with South Asia Growth Invest III LLC and South Asia EBT Trust III

BL Kashyap stock price soars 4% on securing two order worth Rs 1,021 crore

The company secured a major order for civil and composite steel structural works from DLF City Centre Ltd, valued at approximately Rs 924.11 crore

Unfazed by Lok Sabha poll volatility, retail investors go on equity rush

Demat account openings remain elevated, MF inflows scale new highs

Stock market guide for June 10: Nifty eyes new high; Asian shares mixed

All you need to know before the market opens on Monday, June 10: Gift Nifty hinted at tepid start to the trading action; The US Fed meet and inflation data to be in focus in the week ahead.