Page 40 - Indian Stock Exchanges
Jigar S Patel of Anand Rathi suggests buying these three stocks today
Recently, Allcargo Logistics has formed a bullish Bat pattern, which is a harmonic chart pattern known for indicating potential reversals.
 "Jigar S Patel of Anand Rathi suggests buying these three stocks today")
Nifty Financial Services shows bullish trend in near-term; details here
For near-term traders, the optimal strategy is to book profits at current levels, given the proximity to resistance.
 "Nifty Financial Services shows bullish trend in near-term; details here")
Gujarat Gas stock flies 14% on merger, demerger plan; brokerages upbeat
Brokerages see an upside of up to 23 per cent in Gujarat Gas stock as they believe that the restructuring of these Gujarat companies will simplify the existing layered structure.
 "Gujarat Gas stock flies 14% on merger, demerger plan; brokerages upbeat")
Dr Reddy's declines 3% after China's regulator bans import of ADHD drug
Atomoxetine is used for treating attention deficit hyperactivity disorder (ADHD) in adults and children over six years.
 "Dr Reddy's declines 3% after China's regulator bans import of ADHD drug")
August auto sales impact: Hero, Eicher, and Maruti gain; TaMo, TVS slip
Automaker Tata Motors saw an 8.1 per cent drop in total sales for August 2024, totaling 71,693 vehicles compared to 78,010 units in August 2023.
 "August auto sales impact: Hero, Eicher, and Maruti gain; TaMo, TVS slip")
Dynacons Systems gets Rs 143-cr order from Bank of Maharashtra; stock up 4%
The rise in Dynacons Systems share price came after the company announced that it has bagged an order worth Rs 142.55 crore from Bank of Maharashtra.
 "Dynacons Systems gets Rs 143-cr order from Bank of Maharashtra; stock up 4%")
Centum Electronics share price rises 4% on bagging work order from DRDO
Under the terms of the project, Centum Electronics will be providing Intersatellite Link & other Payload Subsystems to DRDO.
 "Centum Electronics share price rises 4% on bagging work order from DRDO")
GPT Infra stock gains 5% on emerging as lowest bidder for Rs 204-cr project
The rise in GPT Infra share price came after the company announced that it has emerged as the lowest bidder (L-1) for a project worth Rs 204 crore from CAO Construction, South Eastern Railway Kolkata.
 "GPT Infra stock gains 5% on emerging as lowest bidder for Rs 204-cr project")
SpiceJet stock slips 6% after DGCA puts co under 'enhanced surveillance'
The move comes after an audit of the airline's engineering facilities on August 7 and 8 revealed certain deficiencies.
 "SpiceJet stock slips 6% after DGCA puts co under 'enhanced surveillance'")
RPP Infra Projects stock up 4% on order win from Avadi City Municipal Corp
The uptick in RPP Infra Projects shares came after the company announced that it has secured an order worth Rs 55.50 crore.
Patel Engineering stock rises 6% after inking MoU with Rail Vikas Nigam
The rise in Patel Engineering share price came after the company said that it has signed a Memorandum of Understanding (MoU) with Rail Vikas Nigam Limited (RVNL), a state-owned railway company.
 "Patel Engineering stock rises 6% after inking MoU with Rail Vikas Nigam")
Nuvama raises HCLTech target price to Rs 2,020; says Gen AI to drive growth
The company's management anticipates double-digit growth for the industry over the next five years, including for HCLTech.
 "Nuvama raises HCLTech target price to Rs 2,020; says Gen AI to drive growth")
Nandish Shah of HDFC Securities recommends Bull Spread on Nifty; details
Buy Nifty (September 5 Expiry) 25,200 Call at Rs 140 & simultaneously sell 25,500 Call at Rs 30.
 "Nandish Shah of HDFC Securities recommends Bull Spread on Nifty; details")
Nifty FMCG shows signs of near term correction; check key levels here
Support levels are crucial in this corrective phase, and for the Nifty FMCG Index, key support levels are identified at 61,180 and 59,500.
 "Nifty FMCG shows signs of near term correction; check key levels here")
NBCC share price gains 5% on selling commercial spaces worth Rs 2,251 cr
The uptick in NBCC share price came after the company announced, via two separate filings, that it has sold commercial spaces worth Rs 2,251 crore.
 "NBCC share price gains 5% on selling commercial spaces worth Rs 2,251 cr")
Dynamic Services to buy Bharat Battery for Rs 45 cr; stock at upper circuit
The shares of Dynamic Services rose after the company announced that it has signed a memorandum of understanding (MoU) to acquire Bharat Battery Mfg Co for Rs 45 crore.
Lemon Tree Hotels share price up 4% on signing new property in Ujjain
The rise in Lemon Tree Hotels share price came after the company announced that it has signed a new property in Ujjain, Madhya Pradesh.
 "Lemon Tree Hotels share price up 4% on signing new property in Ujjain")
NLC India up 4% on signing power usage pact to supply 200 MW Green Power
The surge in the NLC India share price came after the company announced that it has inked a power usage agreement for supply of 200 MW green power to Telangana.
 "NLC India up 4% on signing power usage pact to supply 200 MW Green Power")
P&G Hygiene and Health down 4% on weak June qtr; Rs 95-dividend announced
The fall in Procter & Gamble Hygiene and Health stock came after the company announced a weak set of financial results for the fiscal and quarter ended June 30, 2024.
 "P&G Hygiene and Health down 4% on weak June qtr; Rs 95-dividend announced")
KEC International stock price jumps 7% on Rs 1,171-crore order win; details
The surge in KEC International stock price came after the company announced that it has secured new transmission and distribution (T&D) orders worth Rs 1,171 crore in the Middle East.