Benchmark indices ended higher on Monday. Nifty managed to cross the much anticipated 20,000 as robust flows from local investors fuelled the rally. Adani Ports, Adani Enterprises, HDFC Life, Apollo Hospitals and Maruti Suzuki were among the top gainers, while Coal India, Bajaj Finance, ONGC were the laggards. Check buzzing stocks
Shares of railway stocks including RVNL, RailTel, Ircon International, IRFC, Titagarh Rail Systems, Jupiter Wagons, Texmaco Rail and Engineering, IRCTC and RITES jumped 2-14% on Monday on brighter outlook after the G20 Summit in New Delhi unveiled a multinational rail and port deal connecting the Middle East and South Asia.
Shares of Praj Industries Limited soared 15% to hit a 52-week high on September 11 on expectations that it will benefit from the Global Biofuel Alliance (GBA) launched on Saturday on the sidelines of the G20 Summit by PM Modi. This is because Praj Industries has 60-65% of the market share in developing ethanol plants. The scrip closed at Rs 586
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Oriana Power shares zoomed nearly 14% today after the firm said it has bagged an order worth Rs 100.2 crore for setting up of a 29MW captive open access solar power plant for a renowned steel manufacturing company based out of Karnataka. The scrip closed at Rs 380
Shares of Adani Ports climbed over 7% in Monday's trade after data showed promoters bought an additional 2.17% stake in Adani Ports between August 14 and September 8, with their total holding rising to 65.23%. Resurgent Trade and Investment bought 2,03,86,718 shares, or 0.94% stake, in Adani Ports between August 14 and August 22. The scrip closed at Rs 883.55
Shares of sugar companies like Shree Renuka Sugars, Balrampur Chini Mills advanced up to 6% in afternoon trade after Prime Minister Narendra Modi on Saturday announced the Global Biofuels Alliance (GBA) that will accelerate sustainable biofuel deployment and support the global energy transition.
Shares of CDSL climbed 12% in Monday's trade, taking their recent gain to 26% in September amid optimism over its business prospects. The stock has been in the news since Ambit Capital initiated coverage on the stock on September 5 with a 'buy' rating and a target of Rs 1,400. The scrip closed at Rs 1,393.80
Shares of IRB Infrastructure Developers (IRB Infra) surged on Monday to hit their new 52-week high after the company announced strong revenue collections in the month of August 2023. The company informed about the same through an exchange filing on Sunday. The scrip ended at Rs 34.10
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