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Shares of Gensol Engineering rise on acquiring 54.38% stake in Scorpius Trackers

18 September 2023

Gensol Engineering has purchased 58,779 equity shares in Scorpius Trackers (Scorpius), representing 54.38% of Scorpius’s share capital and voting rights, totalling Rs 135 crore. Scorpius is now a subsidiary of the company as a result of this. This acquisition boosts Gensol Engineering’s position as a leading provider of end-to-end renewable energy solutions and is part …

Ashapura Minechem hits 52-week high in a volatile trading session; details inside

18 September 2023

At 11 am, the shares of Ashapura Minechem were trading at Rs 333, up by 2.30% from its previous closing of Rs 325.50 on the BSE. Ashapura Minechem’s step-down subsidiary — Ashapura Holdings (UAE) FZE has concluded and signed 2 contracts for the supply of Bauxite from Guinea and Ashapura Guinea Resources SARL (a step-down …

These 3 stocks from BSE 500 jumped over 5% today, 6 September 2023

18 September 2023

The benchmark index S&P BSE 500 opened today at 27,985.58 and made its day high at 28,014.80 and it is currently trading flat, down by around 0.07%.                         From the same space, these are the top 3 companies that outperformed the benchmark index and were up by more than …

Near 52-week high: BEL shares soar as orders worth Rs 3,000 crore roll in!

18 September 2023

Indian benchmark indices started the week in the red territory following an 11-session winning streak. Notably, the telecommunications, real estate, information technology, and metal sectors experienced substantial losses. Broader indices followed suit and registered declines in line with the main indices. However, among the BSE Largecap pack, shares of Bharat Electronics Ltd (BEL) garnered investor …

Upper Circuit Stocks Today – Stocks Locked in Upper Circuit on 18 September, 2023

18 September 2023

On Monday, both the Sensex and Nifty commenced the day on a negative note, showing declines of 0.22% and 0.13%, respectively. About 1,911 shares have advanced and 1,490 declined furthermore 218 are unchanged on the BSE.   Top gainers and losers on the BSE Sensex Index are as follows: The top Sensex gainers were Mahindra & …

Rekha Rakesh Jhunjhunwala’s portfolio stock rises on entering into MoU with Al Jomaih Energy and Water

18 September 2023

VA Tech Wabag has entered into a Memorandum of Understanding (MoU) with Al Jomaih Energy and Water (AEW), a leading developer of energy and water projects in the Middle East. This MoU was signed during the India-Saudi Investment Forum held on September 10, 2023, and September 11, 2023, on the occasion of the G20 Summit. …

From traditional blast furnace to electric furnace: Tata Steel and the UK Government join hands to transform Tata Steel UK

18 September 2023

Tata Steel, a prominent steel manufacturing company and Asia’s first integrated private steel company established in 1907 made a significant announcement on Friday. According to the details provided in the company’s press release, Tata Steel and the UK Government have jointly agreed on a proposal for the largest investment in the UK steel industry in …

Top Two Stocks to Watch Today – 18th September, 2023

18 September 2023

Nifty’s Friday Performance: On Friday, the Nifty continued its upward momentum for a third consecutive session, breaking through the 20,200 level for the first time. This surge was underpinned by strong performances in banking & financial services, auto, technology, and pharma stocks. With sustained strength and low volatility, it appears that the bulls are firmly …

Bank Nifty Trading Strategy for Today – 18th September

18 September 2023

For the past week, the Bank Nifty index extended its winning streak for the fourth consecutive week, logging robust gains of 2.38%, the highest weekly gains since mid-July. The index is now approximately 130 points away from its all-time high. On the daily time frame, the index formed a bullish candle as the closing price …

IFL Enterprises – Company with Multibagger Returns gets Rs 1.92 Billion Orders

15 September 2023

IFL Enterprises Ltd, a micro-cap company with a market cap of Rs 330 crore was buzzing in today’s trading session. The company is involved in the business of acquisition, trading of shares, stocks, bonds, and trading of Paper, Stationery items etc. It also carries on the business of all kinds of Paper and other similar …

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