Page 71 - Stock Market Trading

TechD Cybersecurity sets IPO price band at ₹183-193/share for ₹39 crore IPO

Vijay Kedia-backed TechD Cybersecurity on Tuesday said it has fixed the price band at Rs 183-193 per share for nearly Rs 39-crore IPO which will open for public subscription on September 15. The initial public offering (IPO) will conclude on September 17. The bidding for anchor investors will open for a day on September 12, according to the red herring prospectus (RHP) filed on Monday. The public issue is entirely a fresh issue a little over 20.20 lakh equity shares aggregating to Rs 38.99 crore. Proceeds from the fresh issue to the tune of Rs 26.09 crore will be used towards investment in human resources, Rs 5.89 crore for capital expenditure for setting up global security operation centre at Ahmedabad and balance for general corporate purposes. "Through this IPO, we aim to accelerate our global expansion into North America, the Middle East, Africa, and Australia, while positioning Gujarat as the cybersecurity capital of India," Sunny Vaghela, Chairman and MD of TechD Cybersecurit

Smallcap hotel & resorts stock ITDC zooms 20% on heavy volumes

As many as 2.9 million equity shares representing 26 per cent of total free float equity of ITDC have changed hands on the NSE and BSE

APSEZ, JSW Infra rally up to 4%; what's driving port services stocks?

Adani Ports, JSW Infra gain: Going forward, thrust of the Indian govt on augmenting multimodal connectivity, planned capex for enhancing ports capacity and rising coastal volumes augur well for ports.

This steel stock zoomed 58% in 3 days; trades above open offer price

Sal Steel was locked at the 10% upper circuit in Tuesday's trading session; after having hit the 20% upper limit in the preceding two trading sessions.

This smallcap stock rises 4% on Dabur NewU partnership; details here

Unicommerce Esolutions shares rose 4 per cent on BSE, after Dabur inked an agreement with Unicommerce to streamline and strengthen the omnichannel operations for NewU

Ashapura Minechem hits new high; stock zooms 101% from March low

In the past two weeks, the stock price of this smallcap industrial products company has rallied 26 per cent.

Prime Focus shares hit back-to-back 10% upper circuits; check out details

Prime Focus shares hit 10 per cent upper circuit for the third consecutive trading session on Tuesday and logged an all-time high at ₹191.25 per share on BSE

Precision Camshafts stock zooms 37% in 2 days; check shareholding pattern

Precision Camshafts rallied 14% to ₹250.85 in Tuesday's intra-day trade, with a combined 26.6 million shares representing 28% of total equity of the company have changed hands till 11:33 AM.

TBO TEK shares rise 7% in three sessions; Jefferies sees 15% upside

TBO TEK shares rose 5.3 per cent on Tuesday and logged an intra-day high at ₹1,655 per share on BSE; stock gained nearly 7 per cent in three trading sessions

Taj GVK Hotels & Resorts rallies 10% on heavy volumes ahead of board meet

The average trading volumes at the Taj GVK counter jumped 10-fold with a combined 3.58 mn shares representing 5.7% of total equity of changing hands on the NSE and BSE in Tuesday's intra-day trade.

Glenmark Pharma shares rise as arm receives an upfront payment of $700 mn

The buying on the counter came after the company's subsidiary Ichnos Glenmark Innovation received an upfront payment of $700 million from AbbVie

Morepen Laboratories shares jump 6%; what's driving buying interest?

Morepen Laboratories shares jumped 5.7 per cent, after the company arm Morepen Medipath executed a joint venture (JV) agreement with Bimedical FZE, a UAE based entity

Adani Power hits 11-month high, rallies 6% in 2 days; here's why

In the past one month, Adani Power has outperformed the market by surging 12 per cent, as compared to 0.56 per cent rise in the BSE Sensex and 1.3 per cent decline in BSE Power index.

Infosys buyback: Stock down 21% in 2025; can the move revive sentiment?

Infosys stock is seen trading with a weak bias, below the key moving averages on the daily and weekly charts; Key support for the stock stands at ₹1,348. What to expect?

Prudent Board buys Indus Capital; Wealth Company MF launches debut scheme

Investment platform Enrich Money on Monday said it has become the first mutual fund (MF) distributor to allow MF systematic investment plan (SIP) of as low as ₹10

Stock Market Close: Sensex adds 76 pts, Nifty at 24,773; auto stocks outperform; Tata Motors up 4%

Sensex Today | Stock Market Highlights, Sept 8: Auto stocks outperformed the broader markets as the Nifty Auto index gained 3 per cent, led by Bharat Forge, Ashok Leyland, Motherson Sumi, Tata Motors

Laurus Labs gains 3%, nears record high; should you buy, hold or sell?

Thus far in September, the stock price of Laurus Labs has rallied 6 per cent, as compared to a 1.5 per cent rise in the BSE Sensex and BSE Healthcare index

MosChip Technologies zooms 57% in 1 week, nears 52-week high; here's why

MosChip Technologies stock was trading higher for the 7th straigh trading session, at an over 11-month high on Monday.

This stock with near 29% FPI holding flags Sell signal; check downside risk

Aavas Financiers stock can potentially crack to ₹1,281 levels, implying a downside risk of nearly 20 per cent from here owing to the formation of 'Death Cross' pattern, suggests the daily chart.

Asian Energy Services shares tumble 13% after board approves merger plan

Asian Energy Services shares fell 13 per cent after it received approval from its board for a draft scheme of merger with Oilmax Energy