Month: August 2022

Shares of PSP Projects surged 6 percent to Rs 624 on the BSE in Thursday’s intra-day trade after the company said it was awarded contracts worth Rs 247.35 crore (excluding GST) from Precast and Government segments. With the receipt of the current order, the total order inflow for the financial …

Continue reading “PSP Projects surges 6% as company bags new orders worth Rs 247 cr”

The Initial Public Offer (IPO) of the airport service aggregator platform DreamFolks Services got fully subscribed within hours of opening for subscription on Wednesday. The IPO received bids for 1,03,46,872 shares against 94,83,302 shares on offer, translating into 1.09 times subscription, according to data available with the NSE till 1348 …

Continue reading “DreamFolks’ IPO sails through on Day 1, retail portion booked 5.4x”

Shares of Deepak Fertilisers & Petrochemicals Corporation (DFPCL) were locked 5 percent upper circuit at Rs 974.95 and hit a fresh record high in Tuesday’s trade. Till 02:33 PM; a combined 810,000 equity shares changed hands against pending buy orders of 70,000 shares on the NSE and BSE. In the …

Continue reading “Deepak Fertilisers zooms 50% in four weeks on strong demand outlook”

Shares of ITC, the diversified fast-moving consumer goods (FMCG) company, hit a fresh 47-month high of Rs 316.95, up 1.5 percent on the BSE in Monday’s intra-day trade in an otherwise weak market amid heavy volumes. The stock was trading at its highest level since September 3, 2018. ITC had …

Continue reading “ITC hits 47-month high in a weak market on heavy volumes; up 5% in 1 month”

Shares of Bharti Airtel hit an over three-month high of Rs 735.30, up 2 percent on the BSE in Thursday’s intra-day trade, after the company paid Rs 8,312.4 crore to the Department of Telecommunications (DoT), settling the 5G spectrum dues ahead of schedule to free up cash for future investments. …

Continue reading “Airtel hits 3-month high; up 4% in 2 days on Rs 8k-cr 5G spectrum payment”

Shares of UTI Asset Management Company (UTI AMC) fell 4.9 percent to Rs 819 on the BSE in Wednesday’s intra-day trade after the company denied reports of it being in talks with Tata group for a 45 percent stake sale. “We are not aware of any such negotiations/events. Accordingly, we …

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The death of Indian billionaire Rakesh Jhunjhunwala highlights the nearly $4 billion worth of stocks held by the famed investor, whose trades were closely followed. The man known as India’s Warren Buffett died of a reported cardiac arrest Sunday at the age of 62. The self-made trader invested in a …

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Shares of Bajaj Finserv hit over a three-month high of Rs 15,584, up 3 percent on the BSE in Monday’s trade. The stock extended its gain after the company approved a 1:1 bonus issue and a 1:5 stock split in July. The stock traded at its highest level since April …

Continue reading “Bajaj Finserv hits over 3-month high; stock zooms 30% in a month”