Page 9 - Indian Stocks

Shakti Pumps shares locked in 5% upper circuit on Rs 558 crore-order win

The uptick in stock price came after the company announced that it has secured Letter of Intent (LoI) for an order worth Rs 558.16 crore from Department of Agriculture, Uttar Pradesh.

Nifty Commodities shows signs of pullback in near-term; key levels here

The Nifty Commodities Index is showing signs of a potential pullback in the near term, making it a suitable candidate for selling on rises.

Stock Market Highlights, August 1: Sensex rises 126 pts, Nifty holds 25,000; PSU stocks shine

Stock Market Highlights on Thursday, August 1, 2024: The day ended in favour of the bulls, with 28 out of the 50 listed companies on the Nifty50 ending higher, led by Power Grid Corporation of India

Ashok Leyland falls 4% after July sales disappoint. Check details here

The fall in the share price came after the automotive manufacturer reported disappointing July 2024 sales numbers.

ITC Q1 Preview: Weakness in agri, paperboard sectors may dent Ebitda margin

On the bourses, ITC stock has rallied 14.1 per cent over the past month. The stock hit an all-time high of Rs 510.60 on July 24, 2024. This was the first instance of ITC stock crossing Rs 500-mark.

How will Sebi's proposed F&O rules affect BSE, NSE, Zerodha, Angel One?

Spillover of trading activity from these contracts into remaining products, analysts believe, can limit the impact to 20-25%

Jindal Drilling stock price zooms 18% after mixed June quarter performance

The uptick in share price came after the company reported a mixed set of June quarter of financial year 2024 (Q1FY25) results.

Nestle India stock drops 3% after Q1 earnings miss street estimates

The fall in the share price came after the company announced its June quarter (Q1FY25) results, which missed street expectations.

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).

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.

Indian block trades led by global firms reach record $15 billion this year

Among block trades, Vodafone Group Plc subsidiaries raised about $1.8 bn by selling shares in India's Indus Towers Ltd. in June, while British American Tobacco Plc. sold part of its stake in ITC Ltd

JNK India surges on order win from JNK Global; up 13% since listing

The uptick in stock price came after the company announced that it has secured a 'significant' order from JNK Global.

Zee Entertainment gains 7% as board to consider fund raising on July 16

On June 3, ZEEL's the board had considered and given its in-principle approval for raising funds by up to Rs 2,000 crore.

ATC Telecom converts Rs 160 cr worth Voda Idea debt bonds into equity

Mobile tower company ATC Telecom Infrastructure has converted Rs 160 crore worth of optionally convertible debentures, issued by Vodafone Idea in lieu of payments, into equity, a regulatory filing said on Thursday. Debt-ridden telecom operator Vodafone Idea (VIL) had issued optionally convertible debentures (OCDs) worth Rs 1,600 crore to ATC, as it failed to pay for rentals of mobile towers. ATC has already converted OCDs worth Rs 1,440 crore into equity in March. "We wish to inform you that pursuant to the terms of OCDs, the Company has received Conversion Notice in respect of outstanding 1,600 OCDs from current OCD holders (ATC) for conversion into 16,00,00,000 fully paid up equity shares of face value of Rs 10 each at conversion price of Rs 10 per equity share," VIL said in the filing. Last month, VIL allocated shares worth Rs 2,458 crore to vendors Nokia India and Ericsson India to clear partial dues. The total debt of the company stood around Rs 2,07,630 crore as of March 31,

Modi govt's Budget to send India's soaring stocks higher, shows survey

The upcoming government budget will likely boost consumer spending and infrastructure building, which bode well for businesses, strategists and investors surveyed by Bloomberg said

KCP Sugar stock zooms 17% on strong June quarter results; profit jumps 76%

The uptick in share price came after the company reported a strong set of June quarter results (Q1FY25)

Sahaj Solar IPO opens today; check price band, GMP, other details here

The subscription for Sahaj Solar IPO closes on July 15, 2024. The price band for Sahaj Solar IPO is fixed at Rs 171 to Rs 180 per share

Stock Market Highlights, July 10: Sensex down 427 pts, ends below 80k; Nifty nears 24,300; M&M tanks

Stock Market Highlights on Wednesday, July 10, 2024: In the broader markets, the BSE MidCap, and SmallCap indices declined nearly 2 per cent each intraday

Stock Market Highlights, July 9: Sensex rises 391 pts, Nifty holds 24,400; Maruti leaps 6%, ITC 2%

Stock Market Highlights on July 09, 2024: The benchmarks Nifty, and Sensex indices hit record highs in intraday trade

KPI Green extends rally on inking hybrid power purchase deal with GUVNL

Notably, the stock has risen 7 per cent in two trading sessions following the deal announcement on Friday, July 5, 2024