Page 150 - Markets Sensex Nifty
ITC Hotels extends rally on heavy volumes; up 12% in 2 days, nears new high
The Indian hotel industry is poised to continue its strong recovery in Q4FY25, fueled by healthy traction in MICE activities, cultural events, and a strong wedding season.
 "ITC Hotels extends rally on heavy volumes; up 12% in 2 days, nears new high")
BPCL share price rises 2% after inking multiple MoUs with various entities
The company has inked an MoU with KPIT Technologies to promote hydrogen-based mobility initiatives in Kerala
 "BPCL share price rises 2% after inking multiple MoUs with various entities")
Stocks to buy: Vinay Rajani of HDFC Sec suggests buying these 2 stocks
Nifty surpassed the key resistance levels of the previous swing high of 22,676 and the 20-day SMA, which was positioned near 22,550
 "Stocks to buy: Vinay Rajani of HDFC Sec suggests buying these 2 stocks")
Sugar stocks surge up to 20% on drop in production, muted recovery
In Q4FY25TD, sugar prices in key states are up ~7-9 per cent QoQ; as a result, sugar division profitability is likely to remain robust in Q4FY25, according to JM Financial Institutional Equities.
 "Sugar stocks surge up to 20% on drop in production, muted recovery")
Shriram Finance, Muthoot Finance soar up to 5% after S&P Ratings upgrades
S&P Ratings has raised the long-term issue ratings for Shriram Finance, and Muthoot Finance from "BB" to "BB+" and for Sammaan Capital from "B" to "B+"
 "Shriram Finance, Muthoot Finance soar up to 5% after S&P Ratings upgrades")
Sensex jumps 1,200 pts; Nifty claims 22,800: Why markets are rising today
The Nifty small-cap 250 was up 1.87 per cent, while the mid-cap gauge was up 1.35 per cent
 "Sensex jumps 1,200 pts; Nifty claims 22,800: Why markets are rising today")
Star Cement up 4% as arm bags license for limestone block in Assam
The aforesaid block is situated in district of Dima Hasao (formerly North Cachar Hills), Assam over an area of 400 hectares with estimated limestone resource of 146.75 million tonnes
 "Star Cement up 4% as arm bags license for limestone block in Assam")
Stock Market Highlights: Sensex up for 2nd day, adds 1,131pts, Nifty at 22,834; all sectors gain
Share Market Highlights: Broader indices mirrored the benchmarks, with smallcap shares leading the charge as the Nifty Smallcap100 index ended higher by 2.71 per cent
 "Stock Market Highlights: Sensex up for 2nd day, adds 1,131pts, Nifty at 22,834; all sectors gain")
Five-Star Business Finance board nods Rs 4,000-cr NCD issue, shares gain 3%
The jump in Five-Star Business Finance share price is aided by the news that its board has approved the issuance of non-convertible debentures (NCDs) aggregating up to Rs 4,000 crore
 "Five-Star Business Finance board nods Rs 4,000-cr NCD issue, shares gain 3%")
Here's why Manappuram Finance shares rose 2% on March 18; key details here
The rise in Manappuram Finance share price came after the company announced that the board of directors will consider raising funds on Thursday, March 20, 2025
 "Here's why Manappuram Finance shares rose 2% on March 18; key details here")
PB Fintech shares rise 5%; Kotak Institutional Equities upgrades to 'Add'
Kotak Institutional Equities upgraded PB Fintech to 'Add' from 'Reduce' as it remains assertive on the company's ability to deliver 1.8-2.0X industry-level growth
 "PB Fintech shares rise 5%; Kotak Institutional Equities upgrades to 'Add'")
Here's why this state-owned railway stock climbed 4% in trade on March 18
RITES share price climbed 3.84 per cent to an intra-day high of Rs 212.25 per share on the BSE during intra-day deals on Tuesday
 "Here's why this state-owned railway stock climbed 4% in trade on March 18")
Favorable time to pick rate-sensitive stocks as analysts bet on RBI easing
The Nifty and Sensex indices have crashed around 14 per cent from their record highs, while the Nifty Bank is down 11 per cent
 "Favorable time to pick rate-sensitive stocks as analysts bet on RBI easing")
Kirloskar Oil zooms 11% in trade; Motilal sees favourable valuations
The brokerage reckons that the current stock price is factoring in extreme pessimism related to growth and margins, which is unwarranted
 "Kirloskar Oil zooms 11% in trade; Motilal sees favourable valuations")
Hyundai Motor hits new low in firm market; down 21% from issue price
The stock's underperformance versus peers has been stark in recent months due to disappointing Q3 results and the decline in domestic market share in 9MFY25.
 "Hyundai Motor hits new low in firm market; down 21% from issue price")
One MobiKwik share price advances 8% on heavy trading volumes; details here
By 11:30 AM, over 0.81 million shares worth Rs 21.27 crore were traded on the BSE, while the National Stock Exchange (NSE) saw over 13.53 million shares worth Rs 355.92 crore change hands
 "One MobiKwik share price advances 8% on heavy trading volumes; details here")
IREDA shares climb 5% after board increases borrowing limit to Rs 29,200-cr
The uptick in IREDA share price is fueled by the news that the company's board has increased the borrowing limit for FY 2024-25 to Rs 29,200 crore from Rs 24,200 crore
 "IREDA shares climb 5% after board increases borrowing limit to Rs 29,200-cr")
Morepen Labs shares skyrocket 12% on rolling out 'Empamore'; details here
The uptick in the Morepen Labs share came after the company announced that it has rolled out 'Empamore.'
 "Morepen Labs shares skyrocket 12% on rolling out 'Empamore'; details here")
Baazar Style Retail up 5% in trade; JM Financial initiates 'Buy'; check TP
Domestic brokerage JM Financial has initiated coverage on Baazar Style Retail with a 'Buy' call. The brokerage has kept the target price at Rs 400 per share
NMDC share price rises 3% on interim dividend announcement; check details
The northward move in the NMDC share price came on the back of the news that it has announced an interim dividend of Rs 2.30 per share for the financial year 2024-25