Benchmark indices were trading in red in afternoon trade today. While BSE Sensex was down 100 odd points at 63,107, NSE Nifty was down 0.12% at 18,732. Divi's Lab, Adani Enterprises, Apollo Hospitals, Maruti Suzuki, Dr Reddy's were the top Nifty gainers, while IndusInd Bank, HDFC Life, Wipro, Infosys and TCS were among the major losers
Shares of Cravatex zoomed 18% to hit an intraday high of Rs 443 on NSE today, taking the cumulative two-day gain to 33%, after veteran investor Ashish Chugh bought 15,000 equity shares on June 14. The shares were purchased at an average price of Rs 326.71 apiece and are equivalent to 0.58% of total shareholding in the retail, brand licensing, distribution and sourcing company
Shares of IND Renewable Energy Ltd jumped 5% on Thursday to hit an intraday high of Rs 15.35, a day after the company’s board approved raising Rs 26 crore through a rights issue. “The terms of the issue will be decided by the board later,” the company told the exchanges on June 14, 2023
Shares of Aurionpro Solutions were locked in a 5% upper circuit at Rs 1,001 on NSE today, a day after ace investor Sumeet Nagar's Malabar India Fund picked up a 1.15% stake in the tech company. Malabar India Fund bought 2.63 lakh shares at an average price of Rs 880.23 a share through open market transactions
Shares of Varun Beverages climbed 6% Rs 862 on NSE on June 15 – the ex-date for the Pepsi bottler’s stock split. The stock with a face value of Rs 10 has been split into two shares of Rs 5 each. Shareholders of the Pepsi bottler approved the stock split proposal on June 2
Shares of Bharat Dynamics Ltd (BDL) rose 4% to Rs 1,151 on NSE today on hopes of improvement in order inflow from FY25. The stock has risen 27% in the past three months. BDL anticipates receiving orders for QRSAM, HELINA ATGM, and NAG ATGM in FY26, and orders for Akash NG, VLRSAM, and MPATGM in FY27 in collaboration with DRDO
Paytm shares hit a fresh 52-week high of Rs 879.50 on NSE today. The fintech stock has risen 100% from its 52-week low of Rs 438.35 hit in November last year. However, it is still 56% far from its listing price and 61% from its issue price of Rs 2,150. The stock has been rising on improving business prospects and recent 'buy' ratings by a host of brokerages with price targets of up to Rs 900
Shares of Lokesh Machines hit 20% upper circuit at Rs 186 on NSE after the company received the Initial License (Form VIJ) for Manufacturing of Small Arms from the Ministry of Home Affairs, New Delhi. The license is subject to payment of applicable fees
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