Page 124 - Markets Today
Why fertiliser shares zoomed up to 7% in trade on Dec 17; check reason here
The catalyst for this rally in fertiliser shares was the anticipated increase in the price of Di-Ammonia Phosphate (DAP), the second most widely used fertiliser in India after urea
 "Why fertiliser shares zoomed up to 7% in trade on Dec 17; check reason here")
Oberoi Realty hits all time high; gains 10% in two days; here's why
Oberoi Realty is a leading real estate development company in India, recognized for its high-end residential, commercial, and retail projects
 "Oberoi Realty hits all time high; gains 10% in two days; here's why")
Mankind Pharma rises on launching QIP at floor price of Rs 2,616.55
The company launched its qualified institutional placement (QIP) at a floor price of Rs 2,616.55 per share aiming to raise up to Rs 3,000 crore
 "Mankind Pharma rises on launching QIP at floor price of Rs 2,616.55")
Cipla shares gain; Kotak upgrades stock to 'Buy' from 'Add'; check target
Cipla's extensive portfolio includes over 1,500 products spanning multiple therapeutic areas, such as respiratory, oncology, cardiology, and more.
 "Cipla shares gain; Kotak upgrades stock to 'Buy' from 'Add'; check target")
Quess Corp zooms 9%; Antique initiates coverage on stock with 'Buy' call
With rapid urbanisation in India and rampant growth of Global Capability Centers (GCCs) in the country, Quess is expected to experience strong momentum in the BFSI, manufacturing, and telecom sectors
 "Quess Corp zooms 9%; Antique initiates coverage on stock with 'Buy' call")
Gravita India gains 6% after launching QIP; check floor price, issue size
The board approved the floor price of the QIP at Rs 2,206.49 per share which implies a 1.4 per cent discount on Monday's closing of Rs 2239.05 per share
 "Gravita India gains 6% after launching QIP; check floor price, issue size")
Stock Market Close Highlights: Sensex sheds 384pts, Nifty ends at 24,668; Realty shares outperform
Markets Today LIVE: Investors in India are likely to remain cautious amid mixed global cues as investors here and elsewhere await key policy rate decision from the US Federal Reserve later this week
 "Stock Market Close Highlights: Sensex sheds 384pts, Nifty ends at 24,668; Realty shares outperform")
Why did INDIA VIX index climb 10% in Monday's trade? Analysts weigh
Sensex and Nifty declined ahead of the US Federal Reserve's and Bank of Japan's (BOJ's) policy decision slated on Thursday, December 19, 2024.
 "Why did INDIA VIX index climb 10% in Monday's trade? Analysts weigh")
PC Jeweller shares hit 5% upper circuit today; why is stock in demand?
The company's board approved stock split on November 28, 2024 and decided to split 1 share having face value of Rs 10 each be sub-divided / split into 10 shares having face value of Rs 1
 "PC Jeweller shares hit 5% upper circuit today; why is stock in demand?")
Swiggy share jumps 9%, hits record as Axis Capital initiates with 'Buy'
The northward move in the Swiggy share price came after the domestic brokerage Axis Capital initiated coverage on Swiggy, with a 'Buy' rating and a target price of Rs 640 per share
 "Swiggy share jumps 9%, hits record as Axis Capital initiates with 'Buy'")
PPAP Automotive shares fly 20% on bagging multi-year orders worth Rs 118 cr
The surge in PPAP Automotive share price came after the company announced that it has secured multi-year orders worth Rs 118 crore
 "PPAP Automotive shares fly 20% on bagging multi-year orders worth Rs 118 cr")
Vakrangee shares skyrocket 10% as board to consider fundraising on Dec 21
The surge in Vakrangee share price came after the company announced that its Board of Directors will meet on Saturday, December 21, 2024, inter alia, to consider the proposal for raising of funds
Glenmark Pharma share price up 2% on rolling out Lacosamide oral solution
The uptick in Glenmark Pharmaceuticals share price came after the company announced the launch of Lacosamide Oral Solution, 10 mg/mL
 "Glenmark Pharma share price up 2% on rolling out Lacosamide oral solution")
Bharti Airtel slips after DoT imposes Rs 79,000 penalty; check details here
Bharti Airtel received a notice from DoT for alleged violation of subscriber verification norms and was penalised Rs 79,000 for violation
 "Bharti Airtel slips after DoT imposes Rs 79,000 penalty; check details here")
Why this pharma stock hit nearly 9-year high; froze at 10% upper circuit?
Wockhardt stock gained 10% to touch Rs 1,536.40; it has outperformed the market by zooming 262% thus far in calendar year 2024, as compared to the 13% rise in the BSE Sensex
 "Why this pharma stock hit nearly 9-year high; froze at 10% upper circuit?")
Premier Explosives locked in 10% upper circuit today; here are all details
In proposed JV, Global Munition and Premier Explosives will hold equity in the ratio of 51 :49
 "Premier Explosives locked in 10% upper circuit today; here are all details")
Afcons Infra hits all time high after receiving LoA from MP Metro Rail
The length of the Bhopal metro line is 12.915 km. The project costs Rs 1,006.74 crore and has to be completed within 36 months
PG Electroplast extends rally on healthy outlook; zooms 54% in 1 month
On December 10, the company allotted 21.5 million to QIBs, including Motilal Mutual Fund, Nippon Mutual Fund, Kotak Mutual Fund and Axis Mutual Fund, at Rs 699 per share
 "PG Electroplast extends rally on healthy outlook; zooms 54% in 1 month")
RITES shares up 4% on Rs 298-cr order win from Ministry of External Affairs
The rise in RITES share price came after the company announced that it has secured an order worth Rs 297.67 crore from the Ministry of External Affairs, Government of India
 "RITES shares up 4% on Rs 298-cr order win from Ministry of External Affairs")
GE Power up 7% on getting extension for supplying boiler parts to MP Power
The extension of the order is for the supply of boiler parts at Sanjay Gandhi Power Station and the project has to be completed in 3.5 months
 "GE Power up 7% on getting extension for supplying boiler parts to MP Power")