Page 56 - Indian Stock Markets

Market outlook Jun 28: GIFT Nifty hints quiet open; telecom stocks in focus

Pre-market update for Friday: Shares of telecom companies are likely to be in focus following the up to 25 per cent tariff hike by Reliance Jio;.

700% surge in just 6 months: 25 SME stocks double in 2024; sell or hold?

Analysts caution that the sharp rally in SME stocks makes them a risky proposition at current levels, and also highlight the inherent risk associated to such investments.

Weak monsoon, populist Budget: 7 risks for stock markets in next 6 months

Indian stock markets H2 CY2024 outlook: Investors need to stay cautious as headwinds, including any delayed interest rate cut and below-par monsoon, may challenge the current market rally

Vraj Iron and Steel IPO Day 2: Subscription status, GMP, Should you apply?

Vraj Iron and Steel IPO has seen a strong demand, with the issue being subscribed 8.3 times on Day 2 by 12:30 PM

JSW Energy stock up 4% after arm inks PPA for 1,325 MW renewable projects

The surge in the share price came after the company revealed that JSW Energy Neo via its subsidiary, has signed a PPA) for wind and solar projects with cumulative capacity of 1,325 MW

RVNL bags order worth Rs 156 cr from Southern Railway; shares surge 3%

The uptick in stock price came after RVNL announced that it has bagged a contract worth Rs 156.47 crore from Southern Railway

Ramky Infrastructure up 7% on securing orders of Rs 131 cr from Power Grid

The surge in stock price came after the company announced that it has secured contracts worth Rs 131.19 crore from Power Grid

KEC International stock price rallies 9% on Rs 1,025 crore-order win

The uptick in share price came after KEC International announced that it has secured new orders worth Rs 1,025 crore for its T&D and cables business

M&M may surpass Tata Motors, Maruti Suzuki in PV segment in June: Nuvama

Raghunandhan NL, director at Nuvama, predicts a 13 per cent overall volume growth for M&M's automotive sector (including PVs, commercial vehicles, and three-wheelers), reaching 70,500 units

Profit-taking ahead? GIFT Nifty, Asian markets hint at negative open

All you need to know before the market opens on Thursday, June 27: The Nifty is likely to swing to F&O expiry cues. FIIs net index long-short ratio crosses 2-mark; retail investors up short positions.

Zee Media rallies over 8% after board approves fundraise of up to Rs 200 cr

The uptick in share price came after the board of directors of the company approved a fund raise of up to Rs 200 crore via all permitted instruments

Investors should focus on larger cement players as outlook improves

Cement demand should improve with the focus on affordable housing, and strong demand from commercial real estate, and possible pick-up in industrial capex

Market Highlights, June 26: Sensex zooms 621 pts, ends atop 78,650; Nifty holds 23,850; RIL soars 4%

Stock Market Highlights on Wednesday, June 26, 2024: The BSE Sensex touched a record high of 78,759, while the Nifty50 scaled 23,890 in the intraday trade

This small-cap auto company has approved capacity expansion; stock gains 4%

The uptick in the stock price came after the company announced that it has evaluated and approved capacity expansion for CVJ Forging Child Part

CLSA says Zomato is growing faster than Swiggy, sees 25% upside

In terms of revenue, Swiggy's Y-o-Y growth of 24 per cent also fell short of Zomato's adjusted revenue growth of 55.9 per cent Y-o-Y

Cement shares in demand; India Cements, Orient, JK Lakshmi rally up to 14%

After Lok Sabha Elections and Assembly elections in some States, the centre and States are expected to retain their focus on development agenda, India Cements had said on sector outlook.

VPRPL rallies 8% on Rs 273 crore-order win from Uttar Pradesh Jal Nigam

The surge in the stock price came after the company announced that it has secured an order worth Rs 273.11 crore from Uttar Pradesh Jal Nigam

Gulshan Polyols starts commercial ops of Ethanol at Assam unit; stock up 6%

The rise in the stock price came after the company announced that it has commenced the commercial operations of ethanol at a 250 KLPD capacity grain-based ethanol plant at Goalpara, Assam

Time Technoplast zooms 5% on bagging additional order of Rs 55 cr from IOCL

The uptick in share price came after Time Technoplast announced that it has secured an additional order for supply of Type-IV LPG composite cylinders from Indian Oil Corporation Limited (IOCL)

Here's why Nuvama remains upbeat on Prince Pipes; Check target price here

Analysts attributed this outlook to India's burgeoning real estate sector recovery and robust infrastructure developments, which are driving demand for plastic pipe manufacturers like Prince Pipes