Page 6 - Stock Movemnet

IREDA shares climb 5% after board increases borrowing limit to Rs 29,200-cr

The uptick in IREDA share price is fueled by the news that the company's board has increased the borrowing limit for FY 2024-25 to Rs 29,200 crore from Rs 24,200 crore

NMDC share price rises 3% on interim dividend announcement; check details

The northward move in the NMDC share price came on the back of the news that it has announced an interim dividend of Rs 2.30 per share for the financial year 2024-25

Elon Musk to face questioning in lawsuit over Twitter buyout flip-flop

Investors claim his flip-flopping on whether to go through with buying Twitter- including his public attacks- cast doubt over whether the deal would close and sunk its stock price

Radhakishan Damani-backed Avenue Supermarts adds new stores, shares gain 3%

The uptick in Avenue Supermarts' share price came on the back of the news that the company has opened 4 new stores, bringing the total number of stores to 396 as of today

Quality Power acquires 51% stake in Mehru Electrical; share price soars 11%

The uptick in the company's share price came on the back of the company's announcement that it has Quality Power has acquired 51 per cent of the share capital of Mehru Electrical

RateGain Travel Technologies shares soar 4% on AI-powered digest launch

The northward movement in the RateGain Travel Technologies share price is attributed to the company's announcement of the launch of the AI-Powered Digest for its airline customers

Double delight: Rekha Jhunjhunwala-owned stock to pay interim, spl dividend

At the current market price, Metro Brands' dividend yield stands at 0.51 per cent

KEC International shares rise 3% as company receives Rs 177-cr tax refund

The northward move in the company's share price came after its announcement that it has received a refund of Rs 177 crores from the Income Tax Department

Franklin Templeton launches low-duration debt fund; key details here

Franklin India Low Duration Fund will remain available for subscription until March 5, 2025, during which the fund will be available at Rs 10 per unit

Adani Wilmar share price soars 7% on acquisition of GD Foods; check details

The acquisition will be executed in multiple tranches, with 80 per cent of the shares to be acquired in the first tranche, and the remaining 20 per cent to be acquired over the next three years

Ramkrishna Forgings shares buck market trend, surge 4%; here's why

The company, in its exchange filing, further said that the earlier Corporate Guarantee, provided on September 11, 2024, by the company to Operadora Stiva S.A. de C.V., Mexico, will stand revoked

Jupiter Wagons EV arm launches JEM TEZ, stock jumps 6%; details here

The upward movement in the company's share price came following the news that Jupiter Electric Mobility (JEM), the electric vehicle arm of the Jupiter Group, had launched its flagship model, 'JEM TEZ'

Tata Group's Voltas defies market gravity, shares rise 4%; details here

The surge in Voltas' share price follows the news that the company has completed the transfer of its 92 per cent direct investment in Saudi Ensas Company

Piramal Enterprises gets Rs 1,502 cr-tax notice, shares decline 3%; details

Piramal Enterprises shares have dropped around 18 per cent in the last six months and nearly 10 per cent in the last one year

Coffee Day Enterprise share soars 20%, hits upper circuit; Here's why

Shares of Coffee Day Enterprises climbed as much as 19.97 per cent to get locked in the upper circuit at Rs 25.65 per share on the BSE during early trade on Monday

Rs 2,752-cr order fuels 6% surge in Transrail Lighting shares; details here

The upward move in the Transrail Lighting share price came on the back of the news that the company has secured new orders worth Rs 2,752 crore, primarily from the T&D business

Bhagyanagar India share soars 13% on securing LOA from Maharashtra Govt

The company had been awarded a Letter of Award ('LOA') from Maharashtra State Electricity Distribution Company (MSEDCL), involving an overall investment of Rs 245 crore

Dividend Alert! SBI Life Insurance fixes record date; are you eligible?

At the current market price, SBI Life Insurance Company has a dividend yield of 1.8 per cent

Quality Power makes lacklustre D-Street debut; shares list at 1% premium

Quality Power shares listed at Rs 432.05 per share on the BSE, and Rs 430 per share on the NSE, against the issue price of Rs 425 apiece

JM Financial initiates 'Buy' on Hexaware Technologies; sees 10% upside

The analysts at JM Financial have assigned a target price of Rs 820 for Hexaware Technologies, an upside of 10 per cent from the listing price of the company's shares.