Market News

NTPC Green Energy stock inches closer to record high on THIS order book update

NTPC Green Energy stock inches closer to record high on THIS order book update

After NTPC Renewable Energy Limited (REL), a subsidiary of NTPC Green Energy Limited (NGEL), won a sizable contract in an e-reverse auction held by the Solar Energy Corporation of India (SECI), shares of NGEL surged on Wednesday, December 11. The price of NGEL’s shares increased by as much as 5.21% to 154.30 on the BSE, […]

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Swiggy share price falls over 5% after one-month anchor lock-in period ends

Swiggy share price falls over 5% after one-month anchor lock-in period ends

After the anchor investor lock-in period ended today, Swiggy’s share price fell more than 5% in early trading on Wednesday. Swiggy’s gains from the previous session were erased when the company’s shares fell as high as 5.07% to ₹515.95 per on the BSE. The one-month lock-in period for anchor investors concluded today, December 11, and

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CEAT shares hit record high on acquisition of Camso’s Off-Highway Tyre

CEAT shares hit record high on acquisition of Camso’s Off-Highway Tyre

CEAT’s stock price surged more than 10% to reach a new high following the company’s announcement that it had reached a final contract to buy Michelin’s Off-Highway construction equipment bias tyre and tracks business from Camso in an all-cash transaction worth roughly $225 million. The company will be acquired along with two manufacturing sites, worldwide

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Godrej Consumer Products share price plunges 10% after weak mid-Q3 update

Godrej Consumer Products share price plunges 10% after weak mid-Q3 update

The share price of Godrej Consumer Products fell 10% in early trading on Monday following the FMCG company’s poor mid-quarter business update, which highlighted demand difficulties. On the BSE, Godrej Consumer Products’ stock fell as much as 10% to ₹1,112.05 per share. “The demand conditions in India have been subdued for the past few months

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Anil Ambani-owned Reliance Power share price jumps over 3%. Here's why

Anil Ambani-owned Reliance Power share price jumps over 3%: Here’s why

After the Anil Ambani-owned company stated that its subsidiary Samalkot Power had settled a credit default, Reliance Power’s share price increased by more than 3% on Monday. On the BSEt, shares of Reliance Power increased by as much as 3.41% to ₹46.00 each. Reliance Power reported that Samalkot Power Ltd., one of its subsidiaries, had

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Vodafone Idea shares in focus as board to consider ₹2000 crore fundraise

Vodafone Idea shares in focus as board to consider ₹2000 crore fundraise

Vodafone Idea Limited (VIL) ‘s board meets today, December 9, to discuss a ₹2,000 crore fundraising request, putting the company’s stock in the spotlight. The conference, set for December 9, 2024, will concentrate on raising money through the preferential issuing of convertible securities or equity shares. Entities connected to the Vodafone Group, one of VIL’s

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WuXi Firms Surge on Slimmer Chances of US Biosecure Passage

WuXi Firms Surge on Slimmer Chances of US Biosecure Passage

WuXi AppTec Co. and WuXi Biologics Cayman Inc., two Chinese biotech service providers, saw their stock jump Monday after a draft US bill that would have eliminated their pivotal position in worldwide drug research lost its final significant window for enactment this year. Early Monday trading in Hong Kong saw a 12% increase in WuXi

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Vodafone Idea share price rises 4.5% : To consider raising funds on 9 Dec

Vodafone Idea share price rises 4.5% : To consider raising funds on 9 Dec

Vodafone Idea’s share price increased significantly by 4.5% during Thursday’s early trading. The board will meet on December 9 to discuss raising money. The price of Vodafone Idea’s shares began at ₹8.79 on the BSE on Thursday, up 4.5% from Wednesday’s closing price of ₹8.41. Since November 22, the price of Vodafone Idea shares has

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IGL Bonus Issue: CGD Indraprastha Gas board to consider free issue of shares

IGL Bonus Issue: CGD Indraprastha Gas board to consider free issue of shares

On Wednesday, December 4, Indraprastha Gas Ltd (IGL), a prominent city gas distributor (CGD), declared that at its next board meeting on December 10, 2024, it will contemplate releasing a bonus issue of shares. At the next meeting, the IGL board is anticipated to decide on the bonus issue’s record date. “This is to inform

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