Page 56 - Indian Stock Markets
Nuvama bets on pipe, cautious on wood panel stocks ahead of Q1 FY25 results
Tile manufacturers are projected to achieve 5-6 per cent year-on-year (Y-o-Y) volume growth with stable margins, analysts said
 "Nuvama bets on pipe, cautious on wood panel stocks ahead of Q1 FY25 results")
VBL, MRPL among top picks of Anand Rathi for July 04; check key levels here
On an hourly scale, MRPL has been showing a consolidation pattern above the 21, 50, 100, and 200-period Exponential Moving Averages (EMA)
 "VBL, MRPL among top picks of Anand Rathi for July 04; check key levels here")
Sensex can hit 87,000 levels by year-end; stick with large-caps: Analysts
Analysts believe there is more room for an upside going ahead, but investors need to be patient as it will not be a runaway rally for the markets from here on.
 "Sensex can hit 87,000 levels by year-end; stick with large-caps: Analysts")
V-Mart up 5% after Q1 biz update impresses investors; store sales up 11%
Shares of retail chain operator V-Mart Retail jumped as much 4.77 per cent to hit a fresh 52-week high of Rs 3,030.25 per share on Wednesday
 "V-Mart up 5% after Q1 biz update impresses investors; store sales up 11%")
IREDA extends rally on heavy volumes; hits record high, soars 15% in 3 days
The stock hit a record high of Rs 218.80, soaring 6.5% in Wednesday's intra-day trade, surpassing its previous high of Rs 215 touched on February 6, 2024.
 "IREDA extends rally on heavy volumes; hits record high, soars 15% in 3 days")
RVNL emerges as lowest bidder for project of Rs 133 cr; shares up over 2%
The uptick in stock price came after RVNL announced that it has emerged as lowest bidder (L-1) for a contract worth Rs 133 crore from Central Railway
 "RVNL emerges as lowest bidder for project of Rs 133 cr; shares up over 2%")
Market outlook July 03: Gap-up open likely; Vraj Iron, Bank Nifty in focus
All you need to know before the Indian stock market opens for trade on Wednesday: Global markets signal positive cues; FIIs turn net sellers in cash and index futures.
 "Market outlook July 03: Gap-up open likely; Vraj Iron, Bank Nifty in focus")
Bansal Wire IPO opens on July 03; check price band, GMP, should you bid?
The Bansal Wire IPO subscription period opens on July 3, 2024, and closes on July 5, 2024
 "Bansal Wire IPO opens on July 03; check price band, GMP, should you bid?")
Pennar Industries hits 52-week high on establishing plant in Rae Bareli
The uptick in stock price came after the company announced that it is expanding its manufacturing operations in the Northern part of India by establishing a new manufacturing plant at Raebareli, UP
 "Pennar Industries hits 52-week high on establishing plant in Rae Bareli")
Nomura has high hopes from Infosys, Coforge ahead of Q1FY25 results
Given the bottoming out of revenue growth rate, analysts expect the earnings per share (EPS) downgrade cycle to come to an end for the sector
 "Nomura has high hopes from Infosys, Coforge ahead of Q1FY25 results")
This stock has zoomed 200% in 1 year, touched Rs 1 trillion market cap
Shares of Solar Industries India hit a new high of Rs 11,186.20, as they rallied 11 per cent on the BSE in Tuesday's intra-day trade on healthy business outlook.
 "This stock has zoomed 200% in 1 year, touched Rs 1 trillion market cap")
Welspun Specialty stock zooms 9% after securing contract worth Rs 117 cr
The share price soared after the company announced that it has secured a contract worth Rs 117.17 crore for supply of seamless stainless steel boiler tubes
 "Welspun Specialty stock zooms 9% after securing contract worth Rs 117 cr")
ISMT share price rallies 4% after Maharashtra solar plant installation
The uptick in share price came after the company announced that it has completed the installation of a 35 MW DC capacity solar plant worth Rs 138 crore at Maharashtra
 "ISMT share price rallies 4% after Maharashtra solar plant installation")
Market outlook Jul 02: GIFT Nifty hints muted open; Allied Blenders to list
Pre-market: Experts highlight these key levels on the Nifty and Bank Nifty for Tuesday; 3 other SME stocks to debut; What's new on Adani-Hindenburg front?
 "Market outlook Jul 02: GIFT Nifty hints muted open; Allied Blenders to list")
Allcargo, PVR Inox among top 3 stock picks by Anand Rathi on July 02
On a daily scale, Allcargo has formed a bullish alternate bat pattern following a sharp decline of 14 points, which translated into a substantial 19 per cent reduction in its price
JSW Energy share price hits 52-week high after unit signs PPA with SJVN
The surge in the stock price came after the JSW Energy announced that its unit has inked a power purchase agreement (PPA) with SJVN
 "JSW Energy share price hits 52-week high after unit signs PPA with SJVN")
IREDA stock price zooms 6% on strong June quarter business update
The uptick in the stock price came after the company announced a strong set of June quarter (Q1FY25) business update
 "IREDA stock price zooms 6% on strong June quarter business update")
Orchid Pharma rises 4% on deal with Cipla to roll out new UTI drug in India
The rise came following Orchid Pharma's announcement of a collaboration with pharmaceutical giant Cipla to introduce the antibiotic Cefepime-Enmetazobactam in India
 "Orchid Pharma rises 4% on deal with Cipla to roll out new UTI drug in India")
BEL stock surges on Rs 3,172 crore-order win from Armoured Vehicles Nigam
The rise in share price came on the back of an order win worth Rs 3,172 crore from Armoured Vehicles Nigam Limited (AVNL)
 "BEL stock surges on Rs 3,172 crore-order win from Armoured Vehicles Nigam")
Cochin Shipyard rallies over 4% after unit bags order worth Rs 1,100 crore
UCSL, under contract terms, will undertake the design and construction of four 6300 TDW dry cargo vessels, the company said in a statement
 "Cochin Shipyard rallies over 4% after unit bags order worth Rs 1,100 crore")