Page 10 - Indian Stocks
Citi initiates coverage on Affle with 'Buy', sees 20% upside; stock up 6%
Affle (India) share price zoomed as much as 6.68 per cent to hit a fresh 52-week high of Rs 1,461 after Citi's 'Buy' call. In comparison, BSE Sensex was trading 0.24 per cent higher at 80,155.59
 "Citi initiates coverage on Affle with 'Buy', sees 20% upside; stock up 6%")
Stocks to Watch, July 5: HDFC Bank, Bajaj Auto, Raymond, VST Ind, RBL Bank
Stocks to watch today, Friday, July 5: Bajaj Auto is all set to become the world's first two-wheeler company to launch a CNG bike
 "Stocks to Watch, July 5: HDFC Bank, Bajaj Auto, Raymond, VST Ind, RBL Bank")
GE T&D India hits 52-week high on securing orders worth 90 million euros
The company has secured an order worth 26 million euros from Dubai-based Grid Solutions Middle East FZE
 "GE T&D India hits 52-week high on securing orders worth 90 million euros")
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%")
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?")
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")
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
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")
Nazara Tech share zooms 9% on acquisition of Freaks 4U Gaming for Rs 271 cr
The uptick in share price came after Nazara Technologies said NODWIN Gaming will increase its ownership in leading European esports company Freaks 4U Gaming to 100 per cent
 "Nazara Tech share zooms 9% on acquisition of Freaks 4U Gaming for Rs 271 cr")
EU Court upholds Rs 126 cr fine imposed on Ipca Labs' unit; stock jumps 4%
The uptick in share price came after the company announced that the EU Court upheld Rs 126 crore fine imposed on Ipca Labs' unit, Unichem Laboratories
 "EU Court upholds Rs 126 cr fine imposed on Ipca Labs' unit; stock jumps 4%")
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
 "JSW Energy stock up 4% after arm inks PPA for 1,325 MW renewable projects")
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
 "KEC International stock price rallies 9% on Rs 1,025 crore-order win")
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
 "M&M may surpass Tata Motors, Maruti Suzuki in PV segment in June: Nuvama")
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
 "This small-cap auto company has approved capacity expansion; stock gains 4%")
How to trade telecom stocks amid spectrum auction? Check key levels
Technical charts suggest a divergent trend for the three key telecom stocks - Reliance Industries, Bharti Airtel and Vodafone Idea.
 "How to trade telecom stocks amid spectrum auction? Check key levels")
Sensex may hit the 81,000 mark by 2024-end: Ravi Singh of Religare
Markets are showing strong momentum, with Nifty firmly holding above the 23,300 mark, indicating that bulls are in strong control
 "Sensex may hit the 81,000 mark by 2024-end: Ravi Singh of Religare")
Bernstein sees 20% upside in IndusInd Bank, 7% downside in Bajaj Finance
The downside in Bajaj Finance, Bernstein said, was because much of the positives are priced into the stock's rich valuations
 "Bernstein sees 20% upside in IndusInd Bank, 7% downside in Bajaj Finance")
Abrdn Plc favours Chinese and Indian stocks on policy boost hopes
Choosing the right allocations for Asia's three biggest economies has become a key determinant of investment returns in the region
 "Abrdn Plc favours Chinese and Indian stocks on policy boost hopes")
Stock of this wellness company has zoomed 69% from 52-wk low in 3 days
Shares of Kaya hit a 52-week high of Rs 451.15, as they surged 16% in Friday's intra-day trade, surpassing its previous high of Rs 395.90 touched on August 10, 2023.
 "Stock of this wellness company has zoomed 69% from 52-wk low in 3 days")
Stocks to Watch, June 13: L&T Finance, PNB Housing, 360 One WAM, Bondada
Stocks to Watch, Thursday, June 13, 2024: According to reports, investment firm Bain Capital and BNP Paribas will likely sell shares worth Rs 1,500 crore of L&T Finance, through block deals today
 "Stocks to Watch, June 13: L&T Finance, PNB Housing, 360 One WAM, Bondada")