The stock was trading higher for the fourth straight day, surging 26 per cent during the period.
The stock hit a new high of Rs 3,400, up nearly 2 per cent on the BSE in Tuesday's intra-day trade on expectations of healthy December quarter earnings
In Tuesday's intra-day deals, Sastasundar Ventures was locked in the 20 per cent upper circuit at Rs 469.10 on the BSE.
The company received a Letter of Intent worth Rs 356.78 crore from Municipal Secretary's Department of Pimpri-Chinchwad for construction of General Hospital Building in Pune.
So far in November alone, the stock has rallied 29 per cent as against around 3 per cent gain on the Sensex.
The institutional investor portion of the issue was subscribed 47 times, high networth individual portion 32 times
Equity benchmark indices snapped three days of rally to settle marginally lower on Tuesday amid weak trends in Asian and European markets along with unabated foreign fund outflows. The 30-share BSE Sensex dipped 16.29 points or 0.03 per cent to settle at 64,942.40. During the day, it declined 320.59 points or 0.49 per cent to 64,638.10. The Nifty slipped 5.05 points or 0.03 per cent to 19,406.70. Among the Sensex firms, Bajaj Finance, JSW Steel, Reliance Industries, Mahindra & Mahindra, ITC, Tata Consultancy Services, Wipro, HDFC Bank, Larsen & Toubro and Bharti Airtel were the major laggards. Sun Pharma, NTPC, State Bank of India, IndusInd Bank and Axis Bank were the major gainers. In Asian markets, Seoul, Tokyo, Shanghai and Hong Kong settled in the negative territory. European markets were trading mostly lower. The US markets ended with marginal gains on Monday. Global oil benchmark Brent crude declined 2.12 per cent to USD 83.37 a barrel. Foreign Institutional Investors ...
Closing Bell on Friday November 03: In the broader markets, the BSE MidCap and SmallCap indices gained 0.71 per cent and 0.94 per cent, respectively
Closing Bell on Thursday, November 02: Jerome Powell's comment that "despite elevated inflation, the longer term inflation expectations remain well anchored" was taken by the markets as dovish
Stocks to watch on November 2, 2023: Two-wheeler manufacturer Hero Moto's consolidated net profit rose 47.6 per cent YoY to Rs 1,007 crore in the September quarter
Stock market highlights: JP Morgan, on Friday, upgraded India to 'Overweight' from 'Neutral' and recommended investors to use the near-term correction as an opportunity to add
However, after a sell-off from disappointed investors, valuations have corrected and the stock may be worth a long-term buy
In the last one year, the stock has outperformed the market by zooming 80 per cent, as compared to the 12.3 per cent rise in the S&P BSE Sensex.
All three major U.S. indexes started the session with solid gains in a broad rally that favored economically sensitive sectors such as transports, consumer discretionary and materials
On Tuesday September 26, DSP Mutual Fund's DSP Micro Cap Fund purchased 2.4 million equity shares representing 3.5 per cent of total equity of HLE Glascoat for Rs 121.25 crore.
Stocks to Watch today, September 21, 2023: The government will sell up to 4.9 per cent stake in SJVN via offer for sale (OFS) on Thursday and Friday
Both benchmark indices at fresh highs
Thus far in calendar year 2023 (CY23), the S&P BSE Sensex and the Nifty 50 have seen a good run with both the indices surging nearly 10 per cent during this period
The stock finished the day at its highest level since October 2018
The Sensex increased by 385 points, or 0.6 per cent, to close at 66,266, its highest since 9 August