Page 51 - Indian Stock Markets
MRPL share price tanks 7% on weak Q1FY25 performance; profit falls 93%
The fall in the stock price came after the company announced a weak set of June quarter of financial year 2025 (Q1FY25) results.
 "MRPL share price tanks 7% on weak Q1FY25 performance; profit falls 93%")
Viksit Bharat Budget 2024: RailTel stock rallies 5% on Rs 187 cr-order win
The uptick in the stock price came after the company announced that it has secured an order from the Ministry of Railways (Railway Board).
 "Viksit Bharat Budget 2024: RailTel stock rallies 5% on Rs 187 cr-order win")
HG Infra up on receiving letter from East Central Railway for Bihar project
The uptick in the stock price came after the company announced that it has secured a letter from East Central Railway regarding the appointed date for the project in Bihar.
 "HG Infra up on receiving letter from East Central Railway for Bihar project")
Nomura picks BPCL as top OMC stock on attractive valuation; sees 21% upside
Analysts said BPCL reported a robust performance in the June quarter (Q1FY25) despite a challenging environment.
 "Nomura picks BPCL as top OMC stock on attractive valuation; sees 21% upside")
Jigar S Patel of Anand Rathi recommends buying these three stocks today
From a technical standpoint, the daily chart has revealed an inverse head and shoulders pattern with a neckline at Rs 1,620 & Bajaj Finserv stock is holding steady above this level around Rs 1,640.
 "Jigar S Patel of Anand Rathi recommends buying these three stocks today")
RVNL signs MoU with Israel-based United Construction; stock 12% off lows
In a separate exchange filing, RVNL informed that the Hon'ble tribunal has passed an award of Rs 584.22 crore in favour of its joint venture company i.e. Krishnapatnam Railway Company Limited (KRCL).
 "RVNL signs MoU with Israel-based United Construction; stock 12% off lows")
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.
 "LTIMindtree stock gains on bagging mutli-million dollar contract extension")
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.
 "South Indian Bank share price jumps 6% on strong June quarter show")
Sanstar IPO opens today; check price band, GMP, should you subscribe?
The IPO comprises a fresh issue of 41.8 million shares valued at Rs 397.1 crore and an offer for sale (OFS) of 11.9 million shares worth Rs 113.05 crore.
 "Sanstar IPO opens today; check price band, GMP, should you subscribe?")
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.
 "HUL Q1 preview: FMCG major may see volume-led growth in June quarter")
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.
 "Stocks to watch, July 19: Infosys, RIL, Vi, LTTS, Tata Consumer, DRL, CEAT")
Pricing, unfavourable product mix likely to hit Asian Paints stocks
Some brokerages have reduced target prices after muted Q1 showing
 "Pricing, unfavourable product mix likely to hit Asian Paints stocks")
Market Highlights, July 18: IT stocks drive benchmarks to record; Sensex tops 81k, Nifty at 24,800
Stock Market LIVE updates, today, July 18, 2024: Among sectors, the Nifty IT was up 0.4 per cent, the Nifty Bank, and FMCG were up 0.3 per cent, and the Nifty Financial Services up 0.2 per cent
 "Market Highlights, July 18: IT stocks drive benchmarks to record; Sensex tops 81k, Nifty at 24,800")
Newgen Software stock price falls 7% on weak June quarter results
The fall in the stock price came after the company announced a weak set of June quarter results (Q1FY25).
 "Newgen Software stock price falls 7% on weak June quarter results")
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.
 "ONGC hits 52-week high on commencing production of Coal Bed Methane block")
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.
 "Jigar S Patel of Anand Rathi recommends buying these three stocks today")
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.
 "Where to invest in markets for the next 1 year? Siddhartha Khemka answers")
Market Highlights, July 16: Sensex, Nifty end flat after hitting record highs; RIL, HDFC Bank weigh
Stock Market Highlights today, Tuesday, July 16, 2024: In the broader markets, the BSE MidCap slipped 0.29 per cent, but the BSE SmallCap added 0.32 per cent
 "Market Highlights, July 16: Sensex, Nifty end flat after hitting record highs; RIL, HDFC Bank weigh")
Lemon Tree stock price gains on launching first property in Jharkhand
The uptick in stock price acme after the company launched its first property in Jharkhand with Lemon Tree Hotel, Centre Point, Jamshedpur
 "Lemon Tree stock price gains on launching first property in Jharkhand")
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
 "Nuvama says 'Buy' Emami stock for 20% upside; eyes strong growth in FY25")