Page 263 - Market Trends

This PSU telecom stock has zoomed 65% in three weeks, at 4-year high now

The stock of state-owned telecom services provider has rallied 17% to Rs 29.60 on the BSE in intra-day trade, was quoting at its highest level since January 2018

MapmyIndia makes a strong market debut, lists 53% over its issue price

The stock has opened at Rs 1,581, up 53% compared to its issue price.

Nifty Bank hits 6-month low; RBL, Bandhan, AU Small tank up to 10%

Nifty Bank was trading lower for the sixth straight day, having fallen 8 per cent during the period

Shriram Properties makes a weak debut, lists 24% below issue price

Shares of Shriram Properties were listed at Rs 90, a 24 per cent discount to its issue price of Rs 118 per share on the National Stock Exchange

Indiabulls Housing tanks 15% a day after promoter Gehlaut sells 11.9% stake

The stock was down almost 23 per cent from Thursday intraday high; while the stock took place at an average price of Rs 264 per share

RateGain makes a weak stock market debut, lists 15% below issue price

The stock got listed at Rs 360, a 15 per cent discount to its issue price of Rs 425 per share on the National Stock Exchange

IT shares in demand led by Infosys, as Accenture ups FY22 outlook by 700bps

Accenture reported strong revenue in Q1FY22 and upgraded its annual guidance by a massive 700bps as it continues to gain from demand for Cloud transformation.

Stocks to Watch: RateGain, Yes Bank, Burger King, Tarsons, EaseMyTrip, BEL

Supriya Lifescience IPO seems to be reasonably priced, read detailed analysis

Subros jumps 9% on order win from Indian Railways, stock nears 52-week high

The company has bagged an order from Indian Railways for supply of coach air-conditioners (LHB-RMPU Type 1) in a recently concluded tender.

Tega down for the third day in a row post strong debut, down 21% from high

Despite the 3-day fall, the stock continues to command a 33 per cent premium over its issue price of Rs 453 per share

Indiabulls Housing jumps 7% on block deal buzz; thereafter pares gains

A combined 47.34 million equity shares, representing 10.23 per cent total equity of Indiabulls Housing Finance changed hands on the NSE and BSE as of 09:27 AM

L&T gains 2%, stock up for the 2nd straight day on winning two large orders

The company's water & effluent treatment business received large contracts (ranging between Rs 2,500 and Rs 5,000 crore) from the State Water & Sanitation Mission (SWSM), Uttar Pradesh

Bajaj Finance slips 3%, down 8% in 3 days on growth and valuation concerns

With the ongoing 3-day correction, the stock of NBFC has now corrected 14 per cent from its record high level of Rs 8,020 touched on October 10, 2021

Paytm nears record low, down 13% as anchor investor's lock-in period ends

The company had allotted 38.30 million equity shares to anchor investors at Rs 2,150 per share

Brightcom, TTML, 63 Moons: 5 smallcap stocks that look good on the charts

Unless there is not a volume-based selling, these stocks could jump as high as 27% in no time.

Stock of this IT company has zoomed 66% in 6 weeks, hits record high

Expleo Solutions has rallied 15 per cent in intraday trade so far, and hit a new high at Rs 1,746 on the BSE

Precision Wires soars 20% on fixing record date for stock split

The company has fixed December 23, 2021 as record date for stock split from Rs 5 to Re 1.

Anand Rathi Wealth debuts at 9% premium over its issue price

Post listing, the stock has moved higher by up to Rs 614.95, up 12 per cent against the issue price of Rs 550 per share on the BSE

Tega Industries debuts on the bourses at 68% premium over its issue price

The stock was listed at Rs 760, a 68 per cent over its issue price of Rs 453 per share on the National Stock Exchange.

Brightcom zooms nearly 5-fold in 3 months after Shankar Sharma buys stake

Shankar Sharma was alloted 15 million warrants at Rs 37.77 per share in September 2021