Page 8 - Stock Movemnet

Here's why Tata Communications shares rose 3% in trade on March 20

The uptick in the company's stock price came following the announcement that it had launched Tata Communications Vayu, its next-gen cloud fabric for enterprise IT

GPT Infraprojects shares rally 14% on new contract deal worth Rs 481-cr

The upward movement in GPT Infraprojects' shares is fueled by the news that the company has been declared L1 (Lowest Bidder) for an order valued at Rs 481.11 crore

Transrail Lighting shares gain 4% on securing orders worth Rs 1,647-cr

These new orders include Letters of Awards (LOAs) for major T&D projects in the overseas market involving EPC of transmission lines and substations

Strides Pharma Science share price gains 3% on demerger news; details here

The proposed structure, the company said, envisages the NewCo to be a WOS of Strides and there will not be any impact on Strides, financially or otherwise, arising out of the proposed restructuring

Five-Star Business Finance board nods Rs 4,000-cr NCD issue, shares gain 3%

The jump in Five-Star Business Finance share price is aided by the news that its board has approved the issuance of non-convertible debentures (NCDs) aggregating up to Rs 4,000 crore

Here's why this state-owned railway stock climbed 4% in trade on March 18

RITES share price climbed 3.84 per cent to an intra-day high of Rs 212.25 per share on the BSE during intra-day deals on Tuesday

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