Page 174 - Market Trends

Zomato gains 5% after 100 mn shares change hands via block deal

As many as 100 million shares representing 1.2% of total equity of Zomato worth of Rs 947 crore changed hands on the National Stock Exchange.

Surya Roshni hits record high, surges 9% on healthy business outlook

The steel tubes and pipes manufacturer aims to maintain a positive export momentum of value-added products, particularly API pipes, to various regions, despite facing geopolitical challenges.

Nifty FMCG, Metal: Guide to plan your trading strategy

According to Ravi Nathani, an independent technical analyst, the Nifty FMCG index seems range-bound, while the Metal index looks bullish.

Vodafone Idea hits 10-month high on heavy volumes; gains 24% in six days

Last week, Care Ratings reaffirmed its rating and revised the outlook assigned to the long term bank facilities and non-convertible debentures of Vodafone Idea from 'Positive' to 'Stable'.

APL Apollo Tubes slips 3% on heavy volume amid promoter stake sale buzz

According to reports, the promoter was to sell stake close to 1 per cent stake via block deals.

SJVN hits new high, up 5% on securing new orders

The stock has rallied over 90 per cent so far in FY24 on the back of strong order inflows.

PG Electroplast soars 14% as Rs 500 cr QIP issue opens

The consumer electronics proposed to raise around Rs 500 crore through QIP, fixed the floor price of Rs 1641.09 per equity share for the issue.

Gokaldas Exports hits 20% upper circuit on Atraco acquisition

With this acquisition company will gain access to low-cost duty-free locations for manufacturing.

Nifty Private Bank index may spurt up to 25,525; Look to buy the dips

According to Ravi Nathani, an independent technical analyst, traders can keep a stop at 22,800 while taking a long position in the Nifty Private Bank index.

RIL trades flat ahead of 46th AGM at 2 pm today; Jio Financial surges 5%

At the 46th AGM of Reliance, chairman, Mukesh Ambani is expected to divulge information about JFSL's business and future plans

Stock of this metering solutions provider zooms over 200% in 3 months

Genus Power anticipates a robust surge in order volumes to continue during the forthcoming quarters of fiscal year 2024.

Texmaco Rail zooms 14%; hits new all-time high

The stock has rallied a solid 252 per cent so far in FY24, while the Sensex has gained 11 per cent.

This specialty chemicals stock zoomed 48% in a month; here's why

Analysts at ICRA said that a significant improvement in HSCL's operating profit in FY23 compared to FY22 and FY21, driven by higher Ebitda/MT will likely sustain going forward

Zomato gains 6% after over 55 mn shares change hands via block deals

At 09:15 AM; on the NSE around 31.98 million shares representing 0.39% of total equity of Zomato, while on the BSE, around 26.5 million shares or 0.31% stake of the company changed hands.

Suzlon hits 8-year high; up 197% so far in FY24

Borkerage firm JM Financial Institutional Securities has initiated coverage on the stock with a 'Buy' rating.

Paytm rallies 4%, hits 18-month high after nearly 23 mn shares change hands

The stock has so far rallied 77 per cent in 2023 as against a 6.3 gain on the BSE Sensex.

These four stocks turn ex-date for share buyback; slip up to 4%

Piramal Enterprises, KRBL, FDC and IndiaMART InterMESH turned ex-date for share buyback on Friday, falling in the range of 2 per cent to 4 per cent on the BSE in intra-day deals.

Manappuram Finance slips 4% after 10% equity change hands via block deal

At 09:15 AM; around 88.4 million shares representing 10.44 per cent of total equity of Manappuram Finance changed hands on the BSE, the exchange data shows.

L&T, MTAR, HAL: Stocks related to Chandrayaan-3 extend gain, soar up to 20%

Centum Electronics and Paras Defence were the top gainers in Thursday's intra-day deals, zooming up to 20 per cent.

Brightcom Group hits 5% lower circuit on Sebi crackdown

The market regulator, alleged that the funds raised via preferential issue of shares that were meant to be given as loans and advances to its subsidiaries appeared to be overstated