In early trade on February 19, Titagarh Rail Systems witnessed an 8 percent rise in its share price following the announcement of securing an order worth Rs 170 crore from the Defence Ministry. As of 09:26 hrs, Titagarh Rail Systems was quoted at Rs 1,032.80 on the BSE, marking an increase of Rs 76.30, or […]
On the morning of February 19, shares of Quess Corp surged by 13 percent following the company’s announcement of its intention to split into three independent entities. This strategic move is aimed at unlocking shareholder value and was formally approved during the company’s board meeting held on February 16. The demerger plan entails the creation […]
On February 19, Wise Travel India (WTI) Cabs saw its stock debut on the NSE SME platform with a remarkable 32.6 percent premium over its IPO price. Opening at Rs 195, compared to the issue price of Rs 147, the stock’s performance garnered significant attention in the market. Prior to its listing, the stock was […]
Defense stocks surged following the approval of capital acquisition proposals totaling Rs 84,560 crore by the Defence Acquisition Council (DAC), aimed at enhancing the capabilities of the Armed Forces and Indian Coast Guard. At 9:30 am on February 19, Bharat Electronics stock was trading at Rs 192.30 (up by 2.12 percent), while Bharat Dynamics was […]
Polysil Irrigation Systems saw a lukewarm market debut, with shares listing at a 3.7 percent premium to the IPO price on February 16. The stock commenced trading at Rs 56 on the NSE SME platform, compared to the issue price of Rs 54. Before its debut, the stock remained stagnant in the grey market, an […]
Gujarat Gas Limited witnessed a 6 percent decline to Rs 545 during morning trading on February 16, following a 40 percent decrease in net profit for the December quarter, prompting several brokerage firms to adopt a pessimistic stance on the stock. In Q3, the company posted a consolidated net profit of Rs 221 crore, down […]
Entero Healthcare Solutions had a lackluster debut on February 16, with its stock listing at a 2.3 percent discount to the IPO price. Shares opened at Rs 1,228.7 on the NSE and Rs 1,245 on the BSE, compared to the issue price of Rs 1,258. The subdued debut came after the stock’s grey market premium […]
Paytm shares experienced a 5 percent decline on February 15, following the bourses’ decision to revise the circuit limit on the counter from 10 percent to 5 percent. This adjustment occurred a day after Paytm shares were locked at their lower circuit limit of 10 percent. The revised circuit limit, effective from February 15, 2024, […]
Shares of Vedanta Resources saw a decline on the NSE on February 15 following block deals involving 8.2 crore shares. Earlier reports from ET Now indicated that promoters were considering selling a stake worth $1 billion to Rajiv Jain’s investment firm GQG Partners. At 9:25 am, the stock was trading down by 1% at Rs […]
Muthoot Finance shares surged 5% on the morning of February 15 following the company’s announcement of a 14% rise in net profit for the December quarter. Despite this positive performance, brokerages maintain caution due to margin concerns. Over the past month, the stock of this gold financing company has declined by over 6%, compared to […]