Page 49 - Indian Stock Exchanges

LTIMindtree stock gains on bagging mutli-million dollar contract extension

The share price rose after the company announced that it has secured mutli-million dollar contract extension from Absa Bank.

South Indian Bank share price jumps 6% on strong June quarter show

The bank's standalone net profit rose 45.4 per cent to Rs 294.1 crore in Q1FY25, as opposed to Rs 202.4 crore in Q1FY24.

Zydus Life Vadodara facility gets OAI report from USFDA, stock falls 3%

The fall in the stock came after the company announced that it has secured an Official Action Indicated (OAI) report from the United States Food and Drug Administration (USFDA).

HUL Q1 preview: FMCG major may see volume-led growth in June quarter

Earlier this week, Hindustan Unilever approved the sale of its water purification business to AO Smith India for an Enterprise Value (EV) of Rs 601 crore or $72 million.

Stocks to watch, July 19: Infosys, RIL, Vi, LTTS, Tata Consumer, DRL, CEAT

At 6:36 AM, GIFT Nifty futures were up 19 points, trading at 24,828.50 levels, indicating a higher start for the day.

Bull spread on Nifty Financial, recommends Nandish Shah of HDFC Securities

Nifty Financial has broken out on the daily chart, where it closes at highest level since 04-July-2024.

Sterling and Wilson Renewable Energy reports Rs 4.8 cr profit in Q1 profits

Sterling and Wilson Renewable Energy Ltd on Thursday posted a net profit of Rs 4.83 crore for the June quarter. It had clocked a net loss of Rs 95.32 crore in the year-ago period, the company said in an exchange filing. The company's total income rose to Rs 927.89 crore from Rs 522.35 crore in the same quarter a year ago. The expenses stood at Rs 913.23 crore during the quarter as against Rs 617.68 a year earlier. In a statement, Sterling and Wilson Renewable Energy Group Global CEO Amit Jain said, "We are well-positioned to continue this upward trajectory and deliver enhanced value to all our stakeholders." The company's current order book stands at Rs 2,170 crore, while net debt was at Rs 97 crore. Sterling and Wilson Renewable Energy Ltd is an end-to-end renewable engineering, procurement, and construction solutions provider for utility-scale solar, floating solar and hybrid and energy storage solutions.

BASF India parent firm to sell flocculants biz to Solenis, stock down 3%

The decline in stock price occurred following the announcement that BASF SE, the parent company, would sell its flocculants business for mining applications to Solenis

Hi-Tech Pipes zooms 6% on achieving highest ever sales volume in Q1FY25

The uptick in the stock price came after the company released its sales volume update for the June quarter of financial year 2025 (Q1FY25).

ONGC hits 52-week high on commencing production of Coal Bed Methane block

The uptick in stock price came after the company announced that it has commenced production from Coal Bed Methane Block (CBM) in Bokaro, Jharkhand.

Jigar S Patel of Anand Rathi recommends buying these three stocks today

True to this pattern, Tata Consumer has recently shown a decisive breakout, marked by substantial trading volume.

Stock exchanges, MIIs to face independent evaluation on eight parameters

Independent evaluation to be done on eight broad parameters

GRSE to build ocean research vessel in collaboration with NCPOR

Defence PSU Garden Reach Shipbuilders and Engineers Limited (GRSE) signed a contract with the National Centre for Polar and Ocean Research (NCPOR) for constructing an ocean research vessel, an official said on Wednesday. The contract, worth approximately Rs 840 crore, was signed between GRSE and NCPOR officials for the construction of the vessel in 42 months, the shipyard informed the stock exchanges. The Kolkata-headquartered warship builder said it has the necessary expertise in the field of survey vessels and has been building them for the Indian Navy for nearly four decades now. The contract was signed by the officials of the shipyard and NCPOR in Goa on Tuesday, the GRSE official said in a statement. In December 2023, GRSE delivered the INS Sandhayak, the largest survey vessel to be built in the country, to the Indian Navy. Three more vessels of this class are at various stages of completion at the shipyard, he said, adding that this experience will stand GRSE in good stead wh

Where to invest in markets for the next 1 year? Siddhartha Khemka answers

The Nifty-50 is expected to deliver 12% earnings growth in FY25 over a high base of FY24 (+26 per cent Y-o-Y), said Khemka.

Udaipur Cement stock price slips over 5% after June quarter results

The fall in the share price came after the company witnessed a mixed set of June quarter (Q1FY25) results

Bharat Agri stock rallies 4% on launching new high rise tower in Thane

The uptick came after the company said it has launched a high rise tower, Wembely-24, which has Ground plus 60 floors. It stands as the tallest tower in Majiwada, Thane

Here's why RVNL shares are falling in trade today; Details here

The fall came after investors flocked to book profit after the stock rallied 58 per cent in the past one month

Nuvama says 'Buy' Emami stock for 20% upside; eyes strong growth in FY25

Analysts reckon Emami shall deliver a strong FY25, with near double-digit top-line growth and margin expansion

Bajaj Auto, Asian Paints, VBL: Top picks by Jigar S Patel of Anand Rathi

From a technical analysis perspective, the Daily RSI has reversed from 50 levels, further signalling a positive outlook for Bajaj Auto stock.

Stocks to watch, July 16: Vedanta, HUL, Lupin, SpiceJet, Jio Fin Services

At 6:40 AM, GIFT Nifty futures traded steady at 24,620, indicating a subdued start for the markets.