Page 16 - Stock Market Rally

This Tata Group stock quotes at an all-time high; market cap nears 1 trn

Shares of Indian Hotels Company hit a new high of Rs 693.35, gaining 4 per cent on the BSE in Tuesday's intra-day trade amid heavy volumes on expectations of strong revenue growth.

Zaggle Prepaid surges 6% on inking deal with HDFC Ergo General Insurance Co

The Zaggle Prepaid Ocean Services share price rose after the company announced that it has inked a pact with HDFC Ergo General Insurance Company.

Senco Gold jumps 5%, hits new high on healthy outlook; zooms 212% in 1 year

The industry tailwinds are expected to benefit the organised jewellery retailers like Senco over the medium term, supported by its expanding retail presence.

Guj Fluoro stock zooms 21% in 2 days; nears 52-week high on growth optimism

The management is confident about the coming quarters and expects a better performance in H2FY25E.

Linde gains 6% on buying Tata Steel's industrial gas assets in Kalinganagar

Linde India share price rose after the company announced that it has entered into the Plant Sale agreement with Tata Steel Limited for acquiring their Kalinganagar industrial gas supply assets.

How expensive are the Indian stock markets? A quick check on PE multiples

The run up in the markets in the past few months has made valuations expensive, analysts said, who now expect the rally to take a breather for the next few months as corporate earnings catch up.

Matrimony.com surges 14% as board to mull share buyback on Sept 05

The stock hit a 52-week high of Rs 848, surged 14% on the BSE in Tuesday's intra-day trade and has rallied 40% in three weeks.

F&O Cues: DIIs net long in Nifty highest in 2 months; futures premium sink

Derivatives market update for Sept 03: The Nifty September futures premium tumbled from Rs 141 on Friday to Rs 61 on Monday. DIIs added fresh longs in Nifty futures, while FIIs sold.

Whirlpool of India stock jumps 7%, hits 52-week high; up 86% in 6 months

Earlier in February, Whirlpool Mauritius Limited, the promoters, had sold 30.4 million equity shares or 24 per cent stake of Whirlpool India via open-market trade for $468 million to reduce debt.

World-beating Indian energy stocks' rally has fuel for more gains

The Nifty Energy Index, a local benchmark for the industry, has risen 31 per cent this year, on course for a nine-year winning streak

Ashoka Buildcon up 5% on emerging as lowest bidder for project of Rs 478 cr

The rise in Ashoka Buildcon share price came after the company announced that it has emerged as lowest bidder for project of Rs 478 crore from Mumbai Metropolitan Region Development Authority (MMRDA).

Colgate stock on a 9-week winning run, up 28%; Can it shine more?

Strong Q1 earnings, revival in FMCG sector has propelled Colgate-Palmolive stocks; Technical charts suggests that the bias shall remain favourable as long as the stock holds Rs 3,500.

Nykaa surges 19% on heavy volumes; stock at highest level since Oct 2022

Jumps 19% intraday; management expects 30% revenue growth for BPC

MobiKwik turns profitable in FY24 with Rs 14.08 cr profit, revenue up 58.7%

The firm had posted its first-ever consolidated profit of Rs 3 crore during the first quarter of financial year 2024 (Q1 FY24)

Broking shares rally; Angel, IIFL, ICICI Securities, MOFSL surge up to 18%

The outlook for Indian capital market related businesses continues to remain positive over the medium to long term.

Hazoor Multi Projects share price up 5% on winning Rs 274 crore project bid

The share price of Hazoor Multi Projects rose after the company announced that it has emerged as the lowest bidder (L-1) for a project worth Rs 273.74 crore from MSIDC.

Global rally, DII buying: Reasons why BSE Sensex jumped 1,300 pts on Aug 16

Hopes of US rate cut triggers global stock market rally: The BSE Sensex rallies past the 80,000 mark, and the NSE Nifty surges atop 24,400 led by strong gains in IT and private bank shares on Friday.

Suprajit Engg stock zooms 19% after board okays buyback at Rs 750 per share

The company's board announced a share buyback of up to 1.5 million shares at price of Rs 750 per share via tender offer.

Stock Market Highlights, Aug 14: Benchmarks end up; IT shines, Metals slip

Stock market Update on Wednesday, August 14: The US market gained as PPI-based inflation dipped more than expected raising bets of September rate cut.

Marksans Pharma stock zooms 16% to hit record high on strong Q1 results

The US & North America Formulation biz reported growth of 29.8% YoY in Q1FY25, on account of incremental revenue from new product launches, and increase in the share of existing customers.