Page 22 - Stock Market Trading

Just Dial locked in upper circuit; stock spikes 10% in single session

Just Dial shares rose on high volume, trading at about 2.2 times the 30-day average volume. The stock also crossed its 50-day simple moving average, signalling improved near-term price momentum.

This stock listed in August trades at 80% premium; up 37% in two days

Madhuri Kela portfolio stock: MV Electrosystems listed on August 6; the stock rallied 37% in the last two days, and skyrocketed 80% against its issue price of ₹425 per share.

Manipal Hospitals market cap tops ₹1 trillion; stock jumps 13% in 1 week

HSBC Global Investment Research initiated coverage on Manipal Hospitals with a 'Buy' rating and a target price of ₹1,000 per share.

Priority Jewels IPO: Retail portion booked 1.4x on day 1 so far; GMP at 18%

Incorporated in 2007, Priority Jewels is involved in the designing, manufacturing and sale of a variety of lightweight, diamond-studded gold and platinum jewellery.

₹900 crore buyback announcement sees GE Shipping shares gain over 3%

The Great Eastern Shipping Company has announced a share buyback programme worth ₹900 crore.

Federal-Mogul Goetze surges 10% on ₹ 94 per share dividend bounty

Federal-Mogul Goetze board on Thursday declared an interim dividend of ₹7.50 and a special dividend of ₹86.50 per equity share.

Nifty IT index soars 3%; LTM, Coforge, TCS, TechM gain up to 5%; here's why

IT stocks rallied on Friday after Nvidia's strong revenue forecast reinforced optimism around the artificial intelligence (AI) boom.

Block deal: Ather Energy shares jump 7% as Hero MotoCorp ups stake

Hero MotoCorp, the biggest shareholder in Bengaluru-based Ather Energy, held a 29.88 per cent stake as of August 25.

Sensex sees sharpest late-session fall since closing auction rollout

Sensex's indicative price fell more than 2,000 points during the Closing Auction Session before recovering; traders blamed CAS, but Sebi ruled out changes

Wonder Electricals tanks 30% from high on huge volume; Imagicaaworld up 20%

Wonder Electricals share price tanked 20% to ₹124.80, plunging 30% from its intra-day high of ₹179 on Thursday on the BSE amid massive volume.

Sterlite Technologies zooms 721% in 7 months; what's behind massive rally?

Sterlite Technologies (STL) share price was locked at the 5% upper circuit at ₹695.20 on the BSE in Thursday's intra-day deals in an otherwise weak market.

Investing for the medium term? PL Capital favours these 3 sectors

Over the medium term (6-24 months), PL Capital said that it prefers large private banks, capital goods, and consumer durables.

Tempsens IPO eyes blockbuster debut post 184x bids; what drove demand?

Tempsens Instruments' IPO garnered bids for 279.44 crore shares as against 1.51 crore shares on offer, resulting in a subscription of 184.07 times.

Iron & steel product stocks Welspun Corp, Man Ind zoom up to 200% in FY27

Jindal Saw, Man Industries, Ratnaveer Precision and Welspun Corp traded up to 6% higher in Thursday's intra-day deals on the BSE.

BHEL share price rallies 5% on huge volume; nears record high

The strong capex cycle in the thermal power sector propelled the company's order book and execution. In addition, the management has focused on structurally favourable terms in the orders, says Ind-RA

Adani Enterprises up 39% YTD; why is MOFSL betting on Nifty's top gainer?

Motilal Oswal Financial Services has initiated coverage of Adani Enterprises with a 'Buy' rating and a target price of ₹3,880, implying a 25 per cent upside from the previous close of ₹3,112.

Bombay Burmah zooms 14% as SC recalls ₹4,655 cr lease liability observation

Bombay Burmah's stock surged after the Supreme Court withdrew its earlier observation on the ₹4,655 crore lease rent liability.

Tata Power falls 4% after $490 million arbitration challenge fails

The Singapore International Commercial Court has dismissed the Company's challenge, holding that there was no breach of natural justice.

Devyani, Sapphire Foods shares rise 3% after revision of merger scheme

Under the share-swap ratio, Sapphire Foods shareholders will receive 177 shares of Devyani International for every 100 shares held in the former as of the record date, which will be announced later.

ICICI Prudential AMC slips 5% after huge block deal; promoter likely seller

According to BSE data, at 09:15 AM on Thursday, as many as 10.09 million equity shares representing 2.04 per cent of total equity of ICICI Prudential AMC changed hands.