Kaushiki

PNC Infratech shares tank another 10%, hit 52-week low on road ministry's order

PNC Infratech shares tank another 10%, hit 52-week low on road ministry’s order

Leave a Comment / Market News /

On Tuesday, October 21, there was still a lot of selling pressure on PNC Infratech shares. Following a notable 20% decline on Monday, October 21, the stock dropped an additional 10% today to its 52-week low of ₹299. The Ministry of Road Transport and Highways (MoRTH) banned the company and its two subsidiaries from bidding

PNC Infratech shares tank another 10%, hit 52-week low on road ministry’s order Read More »

RVNL shares

RVNL shares in focus after establishing new subsidiary in Saudi Arabia

Leave a Comment / Market News /

Shares of Rail Vikas Nigam Ltd (RVNL) fell 4.62% on the NSE to an intraday low of ₹444.10 following the company’s announcement that it had established a completely owned subsidiary business in Saudi Arabia called “Company Rail Vikas Nigam Ltd. (One Partner)”. At 10:51 a.m. on Tuesday, the stock was down 3.89% on the NSE,

RVNL shares in focus after establishing new subsidiary in Saudi Arabia Read More »

Nomura, Macquarie initiate coverage on Hyundai Motor on listing day, signal up to 26% return

Nomura, Macquarie initiate coverage on Hyundai Motor on listing day, signal up to 26% return

Leave a Comment / Market News /

International brokerages have begun covering Hyundai Motor India (HMIL), the nation’s largest issue by size, ahead of its listing. Qualified Institutional Buyers (QIBs) led the subscription rate at 6.97 times, and the issue proved to be successful, obtaining 2.37 times the overall subscription. There were 142.2 million shares up for sale in the Rs 27,870

Nomura, Macquarie initiate coverage on Hyundai Motor on listing day, signal up to 26% return Read More »

Multi-bagger penny stock jumps 10% after strong Q2 results: Check Out Now

Multi-bagger penny stock jumps 10% after strong Q2 results: Check Out Now

Leave a Comment / Market News /

On Monday, October 21, shares of Sarveshwar Foods saw a roughly 10% increase in intraday trading after the firm released its remarkable financial results for the quarter that ended in September 2024 (Q2FY25). Investor interest has been piqued by the microcap FMCG company that specialises in organic products and has demonstrated notable growth in revenue

Multi-bagger penny stock jumps 10% after strong Q2 results: Check Out Now Read More »

Netweb Technologies shares jump 10% to record high after strong Q2 result

Netweb Technologies shares jump 10% to record high after strong Q2 result

Leave a Comment / Market News /

Monday saw a 10% increase in the share price of Netweb Technologies to a record high of ₹2,949.65 per share following the company’s release of impressive Q2 results. The amount of shares traded for Netweb Technologies also increased. On Monday, almost 6 lakh equity shares of Netweb Technologies were traded on the BSE and NSE

Netweb Technologies shares jump 10% to record high after strong Q2 result Read More »

Garden Reach Shipbuilders Shares jumps 6% on ₹491 Cr contract from Defense Ministry

Garden Reach Shipbuilders Shares jumps 6% on ₹491 Cr contract from Defense Ministry

Leave a Comment / Market News /

On Monday, the share price of Garden Reach Shipbuilders surged by almost 6% on the receipt of a Letter of Intent for a significant contract for ₹491 crore from the Ministry of Defence. A letter of intent for the award of a contract for the design, development, construction, integration of equipment, testing, certification, commissioning, and

Garden Reach Shipbuilders Shares jumps 6% on ₹491 Cr contract from Defense Ministry Read More »

Tejas Networks shares soar 20% to 3-month high on stellar Q2 numbers

Tejas Networks shares soar 20% to 3-month high on stellar Q2 numbers

Leave a Comment / Market News /

The Tata Group-backed Tejas Networks stock shot up 20% in early morning trade on Monday, October 21, to a three-month high of ₹1,427 per share. This dramatic increase comes after the business’s excellent Q2FY25 results, which were disclosed on Friday after market hours. In Q2FY25, the company’s consolidated revenue from operations increased six times to

Tejas Networks shares soar 20% to 3-month high on stellar Q2 numbers Read More »

PTC Industries shares rise over 4% on acquiring 100% stake in UK-based company

PTC Industries shares rise over 4% on acquiring 100% stake in UK-based company

Leave a Comment / Market News /

PTC Industries Limited’s shares surged by over 4% on Monday, October 21, to ₹13,480, after the declaration of the company’s tactical procurement of Trac Precision Solutions Limited (TSPL), a UK-based enterprise that specialises in precisely engineered components for the aerospace, defence, and energy industries. For the fiscal year that concluded on April 30, 2024, Trac

PTC Industries shares rise over 4% on acquiring 100% stake in UK-based company Read More »

Tech Mahindra shares jump 4% after Q2 PAT jumps 153%: Here’s what brokerages says!

Tech Mahindra shares jump 4% after Q2 PAT jumps 153%: Here’s what brokerages says!

Leave a Comment / Market News /

Tech Mahindra’s shares jumped 4% during the intraday session to reach a 52-week high of Rs 1,761.30. The business announced a 153.1% YoY increase in sales to Rs 1,250 crore for the second quarter, while revenue increased by 3.5% YoY to Rs 13,313 crore. Profit and revenue increased sequentially by 46.81% and 2.36%, respectively. The

Tech Mahindra shares jump 4% after Q2 PAT jumps 153%: Here’s what brokerages says! Read More »