Page 131 - Share Market
Allcargo Terminals shares surge 8% as freight volumes rise 20% YoY in June
This came after Allcargo Terminals reported that its container freight station (CFS) volumes for the month of June 2024 were recorded at 55.9 '000 TEUs, an increase of 20 per cent
 "Allcargo Terminals shares surge 8% as freight volumes rise 20% YoY in June")
Tata Elxsi falls 3% as analysts caution on high valuation, near term risks
According to analysts, Tata Elxsi's revenue growth was led by ramp-up of deals in the transportation vertical but was offset by softness in the media and communication
 "Tata Elxsi falls 3% as analysts caution on high valuation, near term risks")
Earnings likely to disappoint investors amid expensive market valuations
The earnings slowdown is caused in part by a severe heat wave, drawn-out election activity, and central bank curbs on unsecured loans
 "Earnings likely to disappoint investors amid expensive market valuations")
Asian Paints stock jumps 5% on reports of rise in prices across portfolio
Shares of Asian Paints rallied as much as 5.09 per cent at Rs 2,979 per share on the BSE in Wednesday's intraday trade
 "Asian Paints stock jumps 5% on reports of rise in prices across portfolio")
Pitti Engineering hits 52-week high on robust FY24 profits, up 55% YoY
Shares of Pitti Engineering surged up to 4.3 per cent at Rs 1205.75 per share on the BSE in Tuesday's intraday trade
 "Pitti Engineering hits 52-week high on robust FY24 profits, up 55% YoY")
Asian shares edge higher, markets hope for dovish stance from Powell
Chinese blue chips edged up 0.1%, while Hong Kong's Hang Seng index was flat
 "Asian shares edge higher, markets hope for dovish stance from Powell")
Buy ideas for July 8: HDFC Life, Cipla, SJVN; check target prices here
HDFCLIFE recently gave a clean breakout on the weekly chart, signalling a potential bullish trend. Prior to this breakout, the stock had been consolidating for 2 weeks
 "Buy ideas for July 8: HDFC Life, Cipla, SJVN; check target prices here")
FPIs turn net buyers, investments in financials at 6-mth high: NSDL data
The heaviest-weighted sector, financials, garnered FPI inflows worth Rs 9,170 crore (about $1.1 billion) during the month, the highest since December 2023
 "FPIs turn net buyers, investments in financials at 6-mth high: NSDL data")
Stock Market Highlights, July 3: Sensex rises 545 pts, ends near 80,000; HDFC, Axis Bank gain 2%
Stock Market Highlights on July 3: In the broader markets, the BSE MidCap and the BSE SmallCap index rose 0.86 per cent each.
 "Stock Market Highlights, July 3: Sensex rises 545 pts, ends near 80,000; HDFC, Axis Bank gain 2%")
KEC International hits 52-week high on securing large order; details here
EC International's shares jumped 7.3 per cent to Rs 968.20 per share on the BSE in Wednesday's early morning trade
 "KEC International hits 52-week high on securing large order; details here")
Stock Market Highlights, July 02: Sensex, Nifty end marginally in red; Infy, L&T shine
Stock Market highlights on Tuesday, July 02, 2024: The BSE Sensex ended 35 points lower at 79,441, after hitting a record high of 79,856. Bank and midcap stocks crumbled under selling pressure.
CDSL shares fall after announcing 1:1 bonus issue of equity shares
Shares of Central Depository Services Limited (CDSL) fell 2.8 per cent at Rs 2,368 per share on the NSE in Tuesday's intraday trade. This came after the company recommended issuing bonus shares
 "CDSL shares fall after announcing 1:1 bonus issue of equity shares")
CSB Bank stock up 7% on steady growth in advances, total deposits in Q1FY25
Shares of CSB Bank soared up to 7.2 per cent at Rs 402 per share on the BSE in Tuesday's intraday trade
 "CSB Bank stock up 7% on steady growth in advances, total deposits in Q1FY25")
This aerospace & defence stock skyrocketed 16% in a day, 36% in one month
Shares of DCX Systems rose 16 per cent hitting its 52-week high at Rs 440.40 per share on the BSE in Tuesday's intraday deals.
 "This aerospace & defence stock skyrocketed 16% in a day, 36% in one month")
Stocks to watch on July 2: Patanjali Foods, CSB Bank, DCX Systems, NMDC
Stocks to watch on July 2: CSB Bank recorded a 17.8 per cent YoY growth in gross advances to Rs 25,099 crore. Total deposits up 22.2 per cent to Rs 29,920 crore
 "Stocks to watch on July 2: Patanjali Foods, CSB Bank, DCX Systems, NMDC")
Stock Market Highlights, July 1: Mid, SmallCap indices hit record highs; Sensex gains 443 pts
Stock market Highlights on Monday, July 1, 2024: Tech M, Bajaj Finance, Ultratech Cement, TCS, Infosys, JSW Steel, HUL, HDFC Bank, Tata Motors, ITC, ICICI Bank, Titan were the top gainers today
 "Stock Market Highlights, July 1: Mid, SmallCap indices hit record highs; Sensex gains 443 pts")
REC's shares climb 5% over steady growth in Q1FY25 loan disbursements
Shares of REC soared up to 4.9 per cent intraday at Rs 551 on the BSE in Monday's intraday trade
IREDA stock price zooms 6% on strong June quarter business update
The uptick in the stock price came after the company announced a strong set of June quarter (Q1FY25) business update
 "IREDA stock price zooms 6% on strong June quarter business update")
Cochin Shipyard rallies over 4% after unit bags order worth Rs 1,100 crore
UCSL, under contract terms, will undertake the design and construction of four 6300 TDW dry cargo vessels, the company said in a statement
 "Cochin Shipyard rallies over 4% after unit bags order worth Rs 1,100 crore")
Stock Market Highlights, June 28: Benchmarks settle lower; Sensex above 79k, Nifty holds 24,000
Stock market highlights on Friday, June 28: BSE Sensex climbed 0.54 per cent or 428 points to hit a fresh record high of 79,671.58 while NSE's Nifty50 rallied 0.53 per cent to a new high of 24,174
 "Stock Market Highlights, June 28: Benchmarks settle lower; Sensex above 79k, Nifty holds 24,000")