Month: November 2022

Shares of Indco Remedies soared 7 per cent to hit an eight-month high of Rs 414.85 in Thursday’s intra-day trade, on hopes of margin improvement going ahead. The stock of pharmaceutical company traded at its highest level since March 2022. In the past one week, it rallied 17 per cent, …

Continue reading “Indoco Remedies hits 8-month high on hopes of margin boost; stock surges 7%”

Shares of Bikaji Foods International have rallied 10 per cent for the second straight day, hitting a new high at Rs 379.20 on the National Stock Exchange (NSE) in Thursday’s intra-day trade amid heavy volumes. Bikaji Foods now traded at its highest level since its debut on November 16. In …

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STOCK MARKET HIGHLIGHTS The key benchmark indices hovered in the positive zone throughout the trading session, amid mxied cues from the global markets. The S&P BSE Sensex touched a high of 61,781 in opening deals, and eventually ended 92 points higher at 61,511. The NSE shut shop with a gain …

Continue reading “Sensex up 92 points, Nifty holds 18,250; Financials soar, Adani Ent dips 3%”

CLOSING BELL Stock market highlights: Domestic equity markets settled sharply higher on Tuesday as weakness in oil prices brightened economic prospects. Besides, low level buying after three straight sessions of declines lent support. The S&P BSE Sensex surged 274 points, or 0.45 per cent, to end at 61,419, while the …

Continue reading “Sensex snaps 3-day losing streak, rises 274 pts; Paytm slumps 11%, PSBs up”

CLOSING BELL Stock market highlights: Domestic equity markets settled sharply higher on Tuesday as weakness in oil prices brightened economic prospects. Besides, low level buying after three straight sessions of declines lent support. The S&P BSE Sensex surged 274 points, or 0.45 per cent, to end at 61,419, while the …

Continue reading “Sensex snaps 3-day losing streak, rises 274 pts; Paytm slumps 11%, PSBs up”

Shares of RHI Magnesita India soared 14 per cent to Rs 735 per share in Monday’s intra-day trade, after the company announced acquisition of the Indian refractory business of Dalmia Bharat Refractories Limited (DBRL) for Rs 1,708 crore. The stock of this refractories company traded close to its 52-week high level of …

Continue reading “RHI Magnesita soars 14% post acquisition of Dalmia’s Indian refractory biz”

Shares of Deepak Fertilisers & Petrochemicals (DFPL) rallied 8 per cent to Rs 833.05 on the BSE in Monday’s intra-day trade on the back of heavy volumes after the company and Aarti Industries (AIL) signed a binding term-sheet for 20 year Nitric Acid offtake and supply arrangement valued at over …

Continue reading “Deepak Fertilisers, Aarti Ind soar up to 8% on plans to ink Rs8,000 cr deal”

Shares of Union Bank of India continued their upward movement and surged 5 per cent to hit over three-year high of Rs 73.85 apiece in Friday’s intra-day trade. The stock traded its highest level since July 2019. In comparison, the S&P BSE Sensex was down 0.46 per cent at 61,464 …

Continue reading “Union Bank of India m-cap crosses Rs 50,000 cr; stock surges 61% in a month”