Page 56 - Indian Stock Markets
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
 "Allcargo, PVR Inox among top 3 stock picks by Anand Rathi on July 02")
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")
Stock market outlook July 01: Nifty may open flat amid mixed Asian cues
Pre-market: Nifty trading guide for Monday; Experts see NSE index trading in 23,850-24,200 band in the near-term.
 "Stock market outlook July 01: Nifty may open flat amid mixed Asian cues")
Buy & sell ideas for July 01 from Anand Rathi: Nestle, SBI Life, ONGC
Notably, SBI Life has recently broken out of this consolidation range and is now sustaining levels above it, indicating a potential upward trend
 "Buy & sell ideas for July 01 from Anand Rathi: Nestle, SBI Life, ONGC")
Stock Market Highlights, June 28: Benchmarks settle lower; Sensex above 79k, Nifty holds 24,000
Stock market highlights on Friday, June 28: BSE Sensex climbed 0.54 per cent or 428 points to hit a fresh record high of 79,671.58 while NSE's Nifty50 rallied 0.53 per cent to a new high of 24,174
 "Stock Market Highlights, June 28: Benchmarks settle lower; Sensex above 79k, Nifty holds 24,000")
Jubilant Ingrevia up 2% USFDA issues Zero observations for Bharuch unit
The market capitalisation of Jubilant Ingrevia is Rs 8,383.76 crore, according to Bombay Stock Exchange (BSE)
 "Jubilant Ingrevia up 2% USFDA issues Zero observations for Bharuch unit")
Tega Industries rallies 6% after arm inks contract in consortium with NMDC
Construction company Kalpataru Projects International Limited is the consortium leader
 "Tega Industries rallies 6% after arm inks contract in consortium with NMDC")
Brigade Enterprises rises 3% on launching residential project in Bengaluru
The development boasts a revenue potential of Rs 1,100 crore
 "Brigade Enterprises rises 3% on launching residential project in Bengaluru")
BHEL up 4% on securing Rs 13,300 cr-order to set up thermal power plant
The increase in share price came after BHEL announced that it has secured an order worth Rs 13,300 crore to establish a 1600 MW thermal power plant in Koderma, Jharkhand, from the Damodar Valley Corp
 "BHEL up 4% on securing Rs 13,300 cr-order to set up thermal power plant")
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;.
 "Market outlook Jun 28: GIFT Nifty hints quiet open; telecom stocks in focus")
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.
 "700% surge in just 6 months: 25 SME stocks double in 2024; sell or hold?")
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
 "Weak monsoon, populist Budget: 7 risks for stock markets in next 6 months")
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
 "Vraj Iron and Steel IPO Day 2: Subscription status, GMP, Should you apply?")