Page 49 - Indian Stock Markets

KPI Green Energy jumps 4% after arm bags 13.30 MW solar power plant project

The rise in KPI Green Energy share price came after the company announced that its wholly-owned subsidiary, Sun Drops Energia Private Limited, has received a 13.30 MW solar power plant project.

BHEL stock up 3% on multiple order wins of Rs 11,000 cr; more details here

The shares of BHEL rallied after the company announced that it has secured multiple orders worth over Rs 11,000 crore from Adani Power and its subsidiary Mahan Energen Limited.

Ashoka Buildcon up 5% on emerging as lowest bidder for project of Rs 478 cr

The rise in Ashoka Buildcon share price came after the company announced that it has emerged as lowest bidder for project of Rs 478 crore from Mumbai Metropolitan Region Development Authority (MMRDA).

Cyient stock rallies up to 4% on incorporating wholly owned subsidiary

The rise in the Cyient share price came after the company announced that it has incorporated Cyient Semiconductors Private Limited as a wholly owned subsidiary of the company.

Nifty50 key levels to watch: Support at 24,750-24,700, other details here

On the lower end, there has been an ascend to the support zone, starting from 24,750-24,700, followed by 24,650- 24,600 with anticipation of dips auguring well for the bulls.

Nifty50 bullish on charts; Breakout above 24,950 may lead to new highs

The Nifty50 Index is currently showcasing a bullish trend on the charts, indicating strong upward momentum in the near-term.

Stock Market Highlights: Sensex, Nifty end flat, broader indices mixed ahead of Powell's speech

Stock Market Highlights on Friday, August 23: At closing bell, the BSE Sensex was at 81,086.21, up by 33.02 points. Nifty 50 was at 24,823.15, up marginally by 11.65 points

Sun Pharma hits 52-week high on launch of skin infection drug 'Starizo'

Starizo is used to treat Acute Bacterial Skin and Skin Structure Infection.

SEPC up 5% on bagging Final Acceptance Certificate from Hutti Gold Mines

The uptick in SEPC share price came after the company announced that it has received the Final Acceptance Certificate from HGML for a contract worth Rs 232 crore.

Zomato stock price zooms 4% on shutting down intercity 'Legends' services

The surge came after the Zomato chief executive officer Deepinder Goyal said that they have discontinued their intercity food delivery service "Legends" as it could not find product market fit.

F&O cues: FIIs bullish on Nifty MidCap; JK Cement, Deepak Nitrite on radar

Derivatives market update for Friday, August 23: Analysts suggest Nifty options market reflects a bearish sentiment, with increased Call writing vs. Puts, as the index nears major hurdles.

Muthoot Capital Services zooms 9% on plans to raise up to Rs 50 cr via NCDs

The Muthoot Capital Service stock rose after the company announced that board of directors will meet on August 24 to consider and approved issuance of NCDs upto Rs 50 crore on private placement basis.

P&G Health stock slips 4% on weak Q4 performance; Rs 60 dividend announced

The drop in the stock price of Procter & Gamble Health came after the company announced a weak set of June quarter results (Q4FY24).

BEML stock price rallies 4% on inking multiple deals; up 27% in 6 months

The rise in the BEML stock came after the company announced that it has inked multiple deals.

Paras Defence hits upper limit on bagging licence to make defence products

The uptick in the Paras Defence stock price came after government granted industrial licence to the company for establishing an industrial undertaking for manufacturing defence products.

IREDA stock price zooms 9% on August 22; up 26% in last 3 months

The rise in the IREDA share price came after the company announced its plans to raise funds worth up to Rs 4,500 crore via FPO, QIP and other means.

Here's why Nuvama thinks Mphasis will benefit most from Fed rate cut

On the bourses, Mphasis has rallied 26.7 per cent in the last three months, driven by expectations of interest rate cuts in the US and early signs of recovery in the US-BFS sector.

Markets have started to price in a higher recession probability: Anurag Mittal, UTI MF

Mittal expects the RBI to cut rates up to 75 bps in the next 6-12 months. Given the sticky domestic inflation, he sees BOJ gradually tighten the monetary policy

This Mukul Agrawal-owned smallcap stock has zoomed 57% in 4 days

Shares of Tasty Bite Eatables continued at their upward movement for the fourth straight day, hitting seven-month high of Rs 15,222.90, surging 20% on the BSE in Wednesday's intra-day trade.

Here's why Marksans Pharma stocks hit 52-week high on August 21; Know more

The surge in the stock price came after the company announced that its wholly owned subsidiary (WOS) Relonchem Limited has secured Marketing Authorisation from UKMHRA for three products.