Page 111 - Markets Today
Welspun Corp up 6% on inking MOU with Saudi Aramco; Check all details here
The capacity in the Kingdom of Saudi Arabia will be estabilised at the ongoing Aramco IKTVA Forum & Exhibition 2025. The production capacity of this plant will be 350,000 MT/Annum
 "Welspun Corp up 6% on inking MOU with Saudi Aramco; Check all details here")
Persistent Systems shares rise 5% in trade; here's what's boosting rally
ContractAssIst is developed to deliver advanced contract management capabilities for companies with high volume of contracts from various vendors
 "Persistent Systems shares rise 5% in trade; here's what's boosting rally")
NTPC, Power Grid, NHPC, other power stocks rise up to 7% in trade today
In 2024, solar power spearheaded this growth with addition of 24.54 GW, registering 33.47 per cent year-on-year (Y-o-Y) rise in its cumulative installed capacity to 97.86 GW in 2024
 "NTPC, Power Grid, NHPC, other power stocks rise up to 7% in trade today")
Premier Energies gains 6% on bagging multiple orders worth Rs 1,460 cr
The company received orders from two large independent power producers (IPP) who were not named and others. These orders include Rs 1,041 crore for solar modules and Rs 419 crore for solar cells
 "Premier Energies gains 6% on bagging multiple orders worth Rs 1,460 cr")
Adani Green Energy up 7% on arm commissioning 57.2 MW wind power component
With the commissioning of this plant, Adani Green Energy's total operational renewable generation capacity has increased to 11,666.1 MW
 "Adani Green Energy up 7% on arm commissioning 57.2 MW wind power component")
Shoppers Stop jumps 11% on posting Q3 nos; profit up 37%; rev up 9% YoY
The company's revenue for the quarter under review stood at Rs 1,311 crore, up 8.7 per cent year-on-year (Y-o-Y), as compared to Rs 1,207 crore
 "Shoppers Stop jumps 11% on posting Q3 nos; profit up 37%; rev up 9% YoY")
Chandan Taparia of MOFSL recommends buying these 3 stocks on January 15
Stocks to buy today, Jan 15: Bajaj Finance share price is on the verge of a breakout from a flag and pole pattern on the daily chart with higher-than-average buying volumes
 "Chandan Taparia of MOFSL recommends buying these 3 stocks on January 15")
Vinay Rajani of HDFC Sec picks 2 stocks to buy today, shares Nifty outlook
Nifty 50 today: The 50-stock benchmark index has formed a small candle within the previous day's move, which indicates probable change in the short-term trend, says Rajani
 "Vinay Rajani of HDFC Sec picks 2 stocks to buy today, shares Nifty outlook")
Ravi Nathani recommends buy-on-dips strategy for Nifty Energy & Nifty FMCG
Nifty FMCG: The range-bound movement of Nifty FMCG, within a defined range of 58,025 to 55,625, reflects a lack of clear directional bias for the index
 "Ravi Nathani recommends buy-on-dips strategy for Nifty Energy & Nifty FMCG")
Jefferies, CLSA, Morgan Stanley retain 'Hold' on HCLTech despite Q3 miss
HCLTech declared a dividend of Rs 18 per share, including a special Rs 6 per share dividend to commemorate 25 years since its public listing, marking its 88th consecutive quarter of dividend payouts
 "Jefferies, CLSA, Morgan Stanley retain 'Hold' on HCLTech despite Q3 miss")
Stock Market Highlights: Sensex snaps 4-day losing streak, ends 170pts up; Adani Group shares shine
Markets Today Highlights: The NSE Nifty50 settled in the green at 23,176.05, with gains of 90.10 points, or 0.39 per cent
 "Stock Market Highlights: Sensex snaps 4-day losing streak, ends 170pts up; Adani Group shares shine")
KPI Green slips 28% in 8 days after stock turns ex-bonus; hits 11-month low
The company's stock locked in lower circuit for the third straight day, down 5% at Rs 414.25 on the BSE and has corrected 44% from its 52-wk high level of Rs 744.37 hit on August 12, 2024
 "KPI Green slips 28% in 8 days after stock turns ex-bonus; hits 11-month low")
Piramal Enterprises jumps 8%; here's what is boosting rally in stock
The company may also receive further amounts in subsequent years from any eligible profits and future earnouts relating to the Imaging Group, subject to a maximum of $200 million
Adani Energy up 14% on posting Q3 biz update; here's what company revealed
In Q3, the company's transmission network expanded to 26,485 circuit kilometres (ckm), a 29.7 per cent increase as compared to 20,422 ckm a year ago
 "Adani Energy up 14% on posting Q3 biz update; here's what company revealed")
JSW Energy up 7% on receiving LoI for 3,600 MW KSK Mahanadi thermal plant
The company further said that it will now await the regulatory approvals from the National Company Law Tribunal (NCLT) and Competition Commission of India (CCI)
Jindal Stainless races 4% as Nuvama upgrades to 'Buy,' raises target price
The rally in Jindal Stainless shares followed an upgrade by Nuvama Institutional Equities (Nuvama), which raised its rating on the stock to 'Buy' from 'Hold' and set a revised target price of Rs 836
 "Jindal Stainless races 4% as Nuvama upgrades to 'Buy,' raises target price")
Lotus Chocolate hits 5% lower circuit after releasing Q3FY25 results
On Monday, the company reported its Q3 result which showed its net profit at Rs 3.71 crore as compared to Rs 0.6 crore ayear ago
 "Lotus Chocolate hits 5% lower circuit after releasing Q3FY25 results")
Urja Global shares hit 5% upper circuit after posting Q3FY25 results
The company's revenue for the quarter under review stood at Rs 14.35 crore as compared to Rs 1.16 crore a year ago
 "Urja Global shares hit 5% upper circuit after posting Q3FY25 results")
Mahanagar Gas share pops 6% as Morgan Stanley initiates with 'Overweight'
Mahanagar Gas shares surged following reports that Morgan Stanley, a New York-based brokerage firm, initiated coverage with an 'Overweight' rating
 "Mahanagar Gas share pops 6% as Morgan Stanley initiates with 'Overweight'")
Angel One shares drop 7% in trade; here's how company fared in Q3FY25
Brokerage Angel One on Monday, after market hours, reported its third-quarter profit at Rs 281 crore as compared to Rs 260.31 crore, a rise 8 per cent Y-o-Y
 "Angel One shares drop 7% in trade; here's how company fared in Q3FY25")