Apex Frozen Foods skyrocketed up to 16.04% to hit an intraday high of Rs 276.35 per share, while Avanti Feeds zoomed as much as 8.97% to hit an intraday high of Rs 653.35 per share
On the first day, around 11:30 AM, Indo Farm Equipment IPO was subscribed 4.84 times with a total bid of 4,10,13,186 shares against the offer of 84,70,000
Markets Today Highlights: In the broader markets Nifty Midcap100 index ended higher by 0.37 per cent, while Nifty Smallcap100 index settled down by 0.62 per cent
The decline in the company's share price followed an announcement made on Sunday, December 29, regarding an 'incident' at the CMS-1 plant that occurred on December 28, 2024
Seeds for robust equity markets were sown during his tenure as FM in Narasimha Rao government. Economic growth gathered momentum in Singh's first term as PM
The standout growth in Taiwan's stock market was largely driven by the country's critical role in the global semiconductor supply chain, according to analysts
The northward movement in Raymond Lifestyle's share price followed domestic brokerage firm Motilal Oswal reiterating a 'Buy' rating, maintaining a target price of Rs 3,000
After a robust 2023, foreign investors significantly scaled back their investments in Indian equities in 2024, with net inflows amounting to over Rs 5,000 crore, as elevated domestic valuations, coupled with geopolitical uncertainties prompted investors to adopt a more cautious stance. Looking ahead to 2025, FPI flows into Indian equities could see a recovery, supported by a cyclical upswing in corporate earnings, particularly in domestic-oriented sectors like capital goods, manufacturing, and infrastructure, Vinit Bolinjkar, Head of Research, Ventura Securities, said. However, elevated valuations and cheaper alternatives in other emerging markets, such as ASEAN and Latin America, could constrain these inflows. Additionally, lingering concerns over a prolonged global recession may weigh on investor sentiment and appetite for risk assets, he added. On the other hand, Feroze Azeez, Deputy CEO at Anand Rathi Wealth Ltd, believes geopolitical escalations, central bank interest rate cut
The rally in these shares was sparked after the companies signed a Definitive Agreement, for contract manufacturing of select models of Whirlpool branded semi-automatic Washing Machines
Markets Crash Today: Broader markets fell more than the benchmarks, with the Nifty Midcap100 and Nifty Smallcap100 indices ending lower by 2.82 per cent and 2.19 per cent, respectively
Alembic Pharma share rose after the company announced that it has received final approval from the USFDA for its ANDA Divalproex Sodium Delayed-Release Capsules USP, 125 mg
The rise in GE Vernova share price came after the company announced that it has secured an order worth over Rs 400 crore from Sterlite Grid 32 Limited
The uptick in Sagility India share price was fuelled after New York, US-based brokerage firm Jefferies initiated coverage with 'Buy' on Sagility India, with a target price of Rs 52 per share
Analysts identified 16 'oversold' stocks, each down over 20%, including Trent, IndiGo, Shriram Finance, and Havells, suggesting they present strong buying opportunities
Early indicators point to a weaker start, as GIFT Nifty futures were trading 51 points lower at 24,687 around 6:31 AM
The uptick in Nitco share price came after the company announced that it has secured an order Rs 105.40 crore from Prestige Estates Projects
The surge in Vakrangee share price came after the company announced that its Board of Directors will meet on Saturday, December 21, 2024, inter alia, to consider the proposal for raising of funds
The rise in RITES share price came after the company announced that it has secured an order worth Rs 297.67 crore from the Ministry of External Affairs, Government of India
Hindustan Aeronautics share rose after it announced a contract for procurement of 12 Sukhoi Su-30 MKI aircraft along with associated equipment has been signed between the MoD and the Company
Transrail Lighting Ltd is gearing up to launch its public offering on December 19, featuring a fresh issuance of equity shares worth Rs 400 crore. Apart from the fresh issue, the initial public offering (IPO) comprised an offer for sale of 1.01 crore equity shares by promoter Ajanma Holdings Private Limited, according to the red herring prospectus (RHP). At present, Ajanma Holdings holds an 83.22 per cent stake in the Mumbai-based company. The initial share sale will open for public subscription from December 19-23. The bidding for anchor investors will open for a day on December 18, the RHP showed. Proceeds from the fresh issue will be used to fund incremental working capital requirements, support capital expenditure and for general corporate purposes. Transrail Lighting is one of the leading Indian engineering, procurement and construction (EPC) companies with a primary focus on power transmission and distribution business and integrated manufacturing facilities for lattice ...