Benchmark indices Nifty50, Sensex were trading higher in afternoon deals today. Reliance Industries, HDFC Life, Tata Steel, Bajaj Auto, Bharti Airtel were the top Nifty gainers, while Titan Company, HCL Tech, PowerGrid, Bajaj Finance and BPCL were the laggards
Shares of Tata Motors jumped around 2% on Monday to hit a fresh 52-week high of Rs 634.80 on NSE as the carmaker's UK arm Jaguar Land Rover (JLR) recorded a 30% rise in wholesale volumes for the first quarter at 93,253 units (excluding the Chery Jaguar Land Rover China JV) compared to the corresponding quarter a year ago. The stock has surged 58.36% so far this year
Shares of Olectra Greentech rallied over 13% on Monday to touch a fresh 52-week high of Rs 1,408.70 on NSE in early deals. The stock has jumped more than 40% in the last three sessions. The recent rally in the Olectra Greentech shares comes after the company won an order worth Rs 10,000 crore. Olectra Greentech shares were last trading at Rs 1,288 apiece on NSE
Shares of Reliance Industries Ltd witnessed strong buying interest during Monday morning deals as the company has announced value unlocking via demerger of Jio Financial Services. Reliance share price jumped 4% to hit intraday high of Rs 2,756 on NSE, breaching previous lifetime high of Rs 2,755 per share. Mukesh Ambani-led company hit a new milestone by surpassing Rs 18 lakh crore market cap
Shares of Cyient DLM, made a solid debut at Dalal Street today. Shares of Cyient DLM were listed at Rs 403 on NSE, a premium of 52% against its issue price of Rs 265 apiece. Just after the strong listing, Cyient DLM saw some buying interest as the stock rose about another 6% to Rs 424.40 taking the overall gains exactly at 60%. However, it corrected around 4% to Rs 408.80 on the back of profit booking but hovered around Rs 408-409 at 11.40 am
SpiceJet shares surged 3% to an intraday high of Rs 30.52 on BSE today after the company announced its plan to raise fresh capital. “The meeting of the Board of Directors of the company will be held on July 12 to consider and approve, inter-alia, options for raising fresh capital through issue of equity shares and/or convertible securities on preferential basis,” said SpiceJet in an exchange filing
Share of tyremaker CEAT jumped more than 5% on Monday to hit an intraday high of Rs 2,642.00 on NSE amid heavy volumes, on hopes of strong demand outlook and healthy earnings. A sharp rally in the tyre-maker firm saw Ceat’s market capitalisation rise to Rs 10,295 crore today. So far this year, CEAT shares have jumped around 55.79%
Shares of ZEE Entertainment Ltd tumbled 6% today to an intraday low of Rs 194.45 after the Securities Appellate Tribunal (SAT) refused to grant interim stay on market watchdog SEBI’s order on Subhash Chandra and Punit Goenka. The stock is around 16% year-to-date (YTD)
Shares of Gati Limited climbed 5% today to touch an intraday high of Rs 133.30 on NSE after the company announced its total volume data for June. Its total volume, including surface and air express, for the month of June came in at 102kt, recording an increase of 14% over June 2022. The company had reported a YoY volume growth of 3% in May
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