Page 156 - Market Trends
Sensex soars 850 pts, Nifty vaults 250 pts: What's behind Friday's rally?
The Sensex hit a record high at 72,721, while the Nifty registered a new peak at 21,928 in trades on Friday led by frenzied buying in IT shares.
 "Sensex soars 850 pts, Nifty vaults 250 pts: What's behind Friday's rally?")
This PSU stock has zoomed 240% in 6 months; market cap nears Rs 1.5 trn
As many as a combined 92.89 million equity shares of IRFC changed in the first hour of trades on the NSE and BSE.
 "This PSU stock has zoomed 240% in 6 months; market cap nears Rs 1.5 trn")
RIL, Axis Bank help Sensex, Nifty settle in green; broader indices outrun
Closing Bell on Thursday, January 11: Shares of Reliance Industries rose over 2 per cent for a second straight day, followed by Axis Bank, Ultratech Cement, Tata Motors, Power Grid
 "RIL, Axis Bank help Sensex, Nifty settle in green; broader indices outrun")
Kalyani Steels zooms 20% on winning bid for Kamineni Steel & Power assets
Kalyani Steels was declared as successful bidder for acquisition of assets of Kamineni Steel & Power India Private Limited (In Liquidation) for a cash consideration of Rs 450 crore.
 "Kalyani Steels zooms 20% on winning bid for Kamineni Steel & Power assets")
This smallcap stock is up 8%, has zoomed 67% in one month; here's why
On January 1, Surya Roshni had said that it's lighting and consumer durable business is debt free i.e. completely borrowing free segment as on December 31, 2023.
 "This smallcap stock is up 8%, has zoomed 67% in one month; here's why")
Cochin Shipyard soars 8% on turning ex-split; up 148% in 6 months
The company had fixed January 10 as the Record Date for the proposed 2:1 stock split.
 "Cochin Shipyard soars 8% on turning ex-split; up 148% in 6 months")
Olectra Greentech surges 23% in one week on healthy business outlook
The company had said the strong demand continues with its net order book position of electric buses standing at 8,209 numbers after delivering 214 buses in H1.
 "Olectra Greentech surges 23% in one week on healthy business outlook")
This SME group stock has zoomed over 100% in just 7 trading days
The stock of the small and medium enterprise (SME) has more than doubled or zoomed 102 per cent in last 7 days from a level of Rs 64.80 on January 1, 2024
 "This SME group stock has zoomed over 100% in just 7 trading days")
Stock with work orders in Lakshadweep, Ayodhya has zoomed 91% in 15 days
The stock of Praveg hit a new high of Rs 1,210 and was trading higher for the third straight day, having rallied 46% during this period
 "Stock with work orders in Lakshadweep, Ayodhya has zoomed 91% in 15 days")
Motisons hits 20% upper limit as shares begin trading under rolling segment
The stock of Motisons Jewellers hit a new high of Rs 154 on the BSE, and has zoomed 180% against issue price of Rs 55 per share
TVS Motor's market cap nears Rs 1 trillion; stock surges 55% in 5 months
TVS Motor has entered into a Memorandum of Understanding (MoU) with Guidance, the Nodal Agency of the Government of Tamil Nadu to invest Rs 5,000 crore in 5 years
 "TVS Motor's market cap nears Rs 1 trillion; stock surges 55% in 5 months")
Stock of this company has zoomed 468% in 6 months; to consider split, bonus
The board of directors of Cupid is scheduled to meet on January 23, 2024, to consider and approve Q3 results, proposal of stock split, bonus issue and raising of funds.
Fiem Industries zooms 15% as board to consider bonus issue on Jan 15
The management expects the company continue to benefit from its diversified product and customer mix and expects a strong second half driven by the festive season and pick-up in rural demand.
Sula Vineyards hits new high; soars 30% in 2 days on healthy biz outlook
A combined 6.95 million equity shares representing 8 per cent of total equity of Sula had changed hands on the NSE and BSE till 10:09 AM.
 "Sula Vineyards hits new high; soars 30% in 2 days on healthy biz outlook")
Marico, Godrej Consumer slip up to 6% post December quarter biz update
Godrej Consumer Products slipped 6 per cent to Rs 1,149 as the company expects mid-single digit volume growth on a consolidated basis in Q3.
 "Marico, Godrej Consumer slip up to 6% post December quarter biz update")
GMR Airports Infra hits multi-year high; gains 4% on heavy volumes
Till 10:44 AM, around 176.89 million equity shares, representing 2.93 per cent of total equity of GMR Airports Infrastructure, had together changed hands on the NSE and BSE
 "GMR Airports Infra hits multi-year high; gains 4% on heavy volumes")
Suzlon gains 5% on securing 225 MW order from Everrenew Energy
Till 02:58 PM, a combined 86.57 million equity shares had changed hands, and there were pending buy orders for a combined 23.56 million shares on the NSE and BSE
 "Suzlon gains 5% on securing 225 MW order from Everrenew Energy")
Hindustan Aeronautics m-cap crosses Rs 2 trn; zooms 123% in 10 months
HAL hit a new high at Rs 3,039, and is now the seventh PSU to trade with a market capitalisation of more than Rs 2 trillion
 "Hindustan Aeronautics m-cap crosses Rs 2 trn; zooms 123% in 10 months")
Sun Pharma Advanced Research freezes at 10% upper circuit; up 64% in 8 days
In the medium term, SPARC's pipeline has several inflexion points that can drive significant value for the company.
This Adani Group stock has zoomed 40% in 5 weeks, hit new high today
The company said it is, now, targeting over 400 MMT of cargo volumes in FY24, surpassing the upper end of the guidance range (370-390 MMT) provided at the start of the current financial year
 "This Adani Group stock has zoomed 40% in 5 weeks, hit new high today")