Page 115 - Stock Market

Power Mech surges 8%, hits record high on winning orders worth Rs 720 crore

The stock price of PMPL has appreciated by 70 per cent from a level of Rs 1,571 touched on February 3 on the BSE

Energy business powers RIL: Q4 beats Street, outlook positive for stock

Improved performance in consumer biz, its proposed listing remain key triggers

Analysts see more upside in consumer appliance stocks as temperatures soar

White goods stocks: With the mercury currently on the boil, analysts remain bullish on the sector as they see more upside over the near-term and advise investors to pick stocks selectively

Sensex, Nifty end flat after listless day; ITC, TCS up 2%; realty stks dip

CLOSING BELL: The broader indices ended marginally in red, with Midcap index declining 0.4 per cent, and the Smallcap index down 0.3 per cent.

Tech M sheds 9% in 5 days on JP Morgan, Citi downgrades, target price cuts

Tech Mahindra's stock fell 2.6 per to its day's low of Rs 994.55 on Friday after JP Morgan downgraded the stock to 'underweight' from 'neutral', slashing its target price by 10 per cent to Rs 900

With nearly 100% stock returns in 16 months ITC is in no hurry to win

The unhurried pace of ITC, not controlled by any business family, has been reassuring

Stocks to Watch: HCLTech, Cyient, Siemens, RIL, Suven Pharma, Voda Idea

Stocks to Watch today: HCLTech reported better-than-expected results for Q4FY23. The company posted a net profit of Rs 3,983 crore for the quarter, down 2.8% QoQ and up 11% YoY

Emkay Global zooms 20% on Sebi's in-principle nod to enter MF business

The company said it has received in-principle approval from Securities and Exchange Board of India, Investment Management Department for sponsoring a Mutual Fund

Equities, other risk assets may be hit as $800-bn stimulus fades, says Citi

The risk rally has been fuelled by the injection of over $1 trn of central bank liquidity, and high-frequency liquidity indicators suggest this is already stalling

Rocky's road to investing

Authors Neil Borate, Aprajita Sharma, and Aditya Kondawar's book is a simplistic take on India's most successful investor, whose Midas touch lay in an unfettered belief in India's growth potential

Stock of this auto ancillary company has zoomed 40% in two days

Shares of Precision Camshafts (PCL) rallied 16 per cent to hit a 52-week high of Rs 149 on the BSE in Tuesday's intra-day trade on heavy volumes

Mutual fund inflows, equity market performance witness decoupling

Data shows that SIPs now account for 34 per cent of the total equity AUM compared to 25 per cent at the end of FY19

Nestle surges 4%, nears 52-wk high ahead of record date for dividend payout

The company has fixed Friday, April 21 as the record date for a dividend of Rs 102 per share, which includes final dividend of Rs 75 per share for 2022 and interim dividend of Rs 27 per share for 2023

Market holiday: BSE and NSE closed today on account of Ambedkar Jayanti

Stock market holiday today: Full list of stock market holidays in 2023 here

TCS Q4 review: Near-term growth to moderate, demand levers intact: Analysts

TCS Q4 results review: Going ahead, most brokerages expect an inevitable slowdown for the company in the near-to-medium term

Bull run enters 9th day for benchmarks; IT shares crack; AU SFB soars 17%

CLOSING BELL: IDBI Bank shares, too, surged 10 per cent after a Reuters report said the RBI has begun evaluating at least five potential bidders interested in picking up a majority stake in the lender

Surya Roshni hits 52-week high on healthy outlook; zooms 53% so far in 2023

Thus far in CY23, the stock has outperformed the market on the expectation of a sustained healthy performance ahead, supported by a steady volume growth

Stock of this conductor manufacturer has zoomed 100% in 2.5 months

Apar Industries hit a new high today on the favourable medium-term demand outlook with increased demand from the end-users such as the power, infrastructure, railways, defence and marine sectors.

Sebi imposes Rs 25 lakh fine on 5 entities for non-genuine trades

Sebi on Wednesday imposed fines totalling Rs 25 lakh on five entities for indulging in non-genuine trades in the illiquid stock options segment on BSE. In five separate orders, the watchdog levied a fine of Rs 5 lakh each on Natraj Dealtrade, Queen Tie-Up Pvt Ltd, Octagon Merchants, Noble Tradelink and Nirmal Kumar Chopra HUF. The Securities and Exchange Board of India (Sebi) had observed large scale reversal of trades in the illiquid stock options segment of BSE, leading to creation of artificial volumes on the bourse. It had conducted an investigation into the trading activities of certain entities engaged in the segment on BSE from April 2014 to September 2015. According to Sebi, the five entities were among those who indulged in the execution of reversal trades. The reversal trades are alleged to be non-genuine in nature as they are executed in the normal course of trading, which leads to a false or misleading appearance of trading in terms of generating artificial volumes, Se

Hindenburg effect: Retail investors are snapping up Adani group's stocks

Adani Group has sold stakes and conducted road shows to calm investors since Hindenburg made allegations of accounting fraud and share price manipulation against the group