Shares of Bajaj Auto Ltd. reached a record high of Rs 7,059.75 today, fueled by recently posted robust December sales figures. The stock surge reflects investor confidence in the company’s future prospects, bolstered by its consistent financial performance and strategic initiatives. Buyback on the Horizon The Board of Directors will consider a proposal for a …
The Goenka Group, a titan of Indian industry, boasts a diverse portfolio of companies spanning everything from infrastructure to FMCG. In 2023, while the market witnessed its fair share of ups and downs, one Goenka gem emerged as a clear champion, leaving investors grinning and analysts scratching their heads. Goenka Group stock performance Goenka Group’s …
On Wednesday, the main stock market indicators ended the day in negative territory, with the Sensex dropping significantly by 0.73% to close at 71,368.97, and the Nifty also experiencing a notable decline of 0.68%, closing at 21,518.60. Top gainers in individual stocks included Bajaj Auto, Adani Enterprises, and IndusInd Bank, while Hindalco, JSW Steel, and …
During Wednesday’s trading session, the shares of Adani Total Gas Limited zoomed by 9.48%. Additionally, the stock hit a fresh 52-week high mark of Rs 1,100.65 apiece on BSE. The company’s current market capitalisation is Rs 1,20,874.63 crore. Recent development: Adani Total Gas Limited (ATGL) and Shigan Quantum Technologies Limited (Shigan), a provider of alternative …
In a noteworthy development, Biocon Ltd’s shares soared to a new 52-week high, reaching Rs 284.45 per share, accompanied by a substantial increase in trading volume by over 1.70 times. This article delves into the factors driving Biocon’s remarkable performance, exploring the anticipation of a strong Q3, the bullish momentum in the stock, and recent …
These three equities gained significantly during Wednesday’s trading sessions, indicating strong bullish action. Here’s an in-depth look. Allcargo Terminals Ltd Shares of Allcargo Terminals experienced a notable volume price breakout, coupled with a range breakout. Currently priced at Rs 63.90, the stock has witnessed a substantial surge in trading activity today. The breakthrough is particularly …
Hold onto your hats, folks, because RBL Bank just made a move that’s sending shockwaves through the Indian banking scene. They offloaded nearly Rs 800 crore of their dodgy credit card debt to Kotak Mahindra Bank, and let me tell you, it’s not as simple as “one bank’s trash is another’s treasure.” Why the fire …
Mahindra Cipla and Glenmark Pharmaceuticals are strong positive breakout prospects with price volume support. The stock price, which is currently trading at Rs 1,301 and Rs 898, has shown ascending triangle and rectangle chart pattern breakouts, respectively. The breakout is in sync with the RSI, ADX, and other technical analysis metrics. Cipla Ltd Daily chart …
About joint venture GAIL (India) Limited, the country’s leading natural gas company, and truAlt Bioenergy Limited, the largest producer of ethanol in India, have signed a Term Sheet for GAIL’s equity participation in TruAlt’s joint venture company Leafinti Bioenergy Limited which owns and operates India’s second Compressed Bio Gas (CBG) plant. TruAlt Bioenergy and GAIL …
Gensol Engineering has secured a major contract for a 33 MW AC solar power project from steel giant Sarda Energy & Minerals Ltd. (SEML) in Chhattisgarh. This captive project for SEML’s Kharora plant marks a significant step for Gensol in the region’s booming industrial sector. The contract, valued at over Rs 138 crore, encompasses the …
