Rain Carbon and Northern Graphite Corporation will develop advanced battery anode material (BAM) used in lithium-Ion batteries for EVs.
The company's board had approved a total fundraising of Rs 16,600 crore by the way of QIP or other modes in one or more tranches, on May 23, 2024.
Ola Electric's share price declined following a request from the Ministry of Heavy Industries (MHI) to the ARAI for its assessment of the increasing number of consumer complaints against the company.
Derivatives market update Oct 10: FIIs open positions in Bank Nifty up over 200% since the start of Oct; overall long-short ratio in index futures now at lowest level since June.
The RCF share price surged after the company announced that it has awarded an order of a little over Rs 1,000 crore to L&T Energy Hydrocarbon division of L&T.
The PNC Infratech share soared after the company announced that it has been declared at the lowest bidder for a project of Rs 2,090.59 crore from CIDCO
At 6:30 AM, GIFT Nifty Futures were up 123 points at 25,207, indicating a gap-up opening for the Indian bourses.
Stock Market Today: Star Health Insurance is undergoing a forensic investigation after a significant data breach affecting 31 million customers.
Stock Market Today: GIFT Nifty futures indicated a slightly positive bias for markets at open today.
Shares of Ceinsys Tech hit a new high of Rs 848.40, as they zoomed 18% on the BSE on Wednesday's intra-day trade with nearly 2% of total equity of the company changing hands on the BSE.
There 5 Nifty 50 stocks are struggling below the short-term moving average and given downside breakout on the super trend line; hence may see limited gains in case of a pullback, suggest tech charts.
The capital goods sector's long-term outlook remains strong across segments as companies focus on energy transition globally, on top of manufacturing localisation and infra development pace in India.
Stocks to Watch: Life Insurance Corporation of India has increased its shareholding in Bank of Maharashtra from 4.05 per cent to 7.10 per cent following the allotment of shares during a QIP.
Kalpataru Projects share rose after the company entered into a definitive agreement for sale of its entire 100% stake in Vindhyachal Expressway, a WOS, to Actis Atlantic for an est EV of Rs 775 crore.
The rise in The Phoenix Mills share price came after the company reported a strong set of September quarter (Q2FY25) and (first half of Financial year 2025 (H1FY25) business update.
The Board has also approved the appointment of Ajoy Choudhury as Chief Risk Officer on fixed tenure basis for two years.
Derivatives market update Oct 09: NSE F&O data shows that retail investors' are most bullish since the Lok Sabha poll outcome in June; their long-short ratio in index futures rose to 1.44.
Nomura has reaffirmed its 'Buy' rating for SBI, maintaining a target price of Rs 980. This target suggests a potential upside of approximately 25per cent from the previous closing price of Rs 781.
Nifty has retraced 23.6 per cent of the entire fall seen from its all time high. Nifty has also closed near its 50 DMA(25,045).
Stock Market Today: Analysts anticipate a weak Q2FY25, with potential profit dips due to declining refining margins for Reliance Industries.