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Overnight Digest: Top 5 mid and small-cap stocks to watch out for April 4

Overnight Digest: Top 5 mid and small-cap stocks to watch out for April 4

3 April 2024

On Wednesday, the Sensex and Nifty didn’t change much, but the Midcap Index reached its highest point ever. The Sensex fell slightly by 0.04%, closing at 73,876.82, and the Nifty also dropped by 0.08%, closing at 22,434.65. Among sectors, Nifty PSU Bank, Nifty IT, Nifty Media, and Nifty Financial Services performed well, while Nifty Realty, …

Shares of National Aluminium Rally Over 5% and Hit 52-Week High on Strong Business Updates

Shares of National Aluminium Rally Over 5% and Hit 52-Week High on Strong Business Updates

3 April 2024

Today, the NALCO share price zoomed over 5.09%. Additionally, the stock hits a fresh 52-week high mark of Rs 176.20 apiece on BSE. Furthermore, the scrip witnessed a spurt in volume by more than 9.40 times. The company’s current market capitalization stands at Rs 32,067.59 crore. Share Performance: On Wednesday, the stock opened at Rs …

Top 3 stocks trading below Rs 100

Top 3 stocks trading below Rs 100

3 April 2024

These three equities’ volume gained significantly during Wednesday’s trading sessions, indicating potential bullish action. Here’s an in-depth look. Yes Bank Ltd   The stock of Yes bank saw a significant increase in price and volume, indicating heightened trading activity. This bounce back showing stock price started to rise again with higher volume on up days, …

India’s Noteworthy Mergers & Acquisitions Deals of FY24

India’s Noteworthy Mergers & Acquisitions Deals of FY24

3 April 2024

India’s Robust M&A Landscape While developed economies face stagnation, India’s economic growth forecast for FY24 remains robust at 6% to 7%, exceeding the 2% or less projected for many developed markets. This positive outlook is reflected in the Indian M&A market. Following a record-breaking year in 2022, deal activity witnessed a slight slowdown in FY24. …

Brahmaputra Infrastructure Receives Order; Locked at Upper Circuit

Brahmaputra Infrastructure Receives Order; Locked at Upper Circuit

3 April 2024

Indian benchmark indices have rebounded from the initial knee-jerk reaction, with Nifty 50 trading above the 22,400 mark. This recovery is spearheaded by heavyweights such as TCS, HDFC Bank, and Infosys. Interestingly, the broader markets continue to outperform, with Nifty Mid-cap and Small-cap trading higher by 0.17% and 0.67%, respectively. Brahmaputra Infrastructure Ltd. Hits Upper …

Bharti Airtel Expands Network in Vadodara District

Bharti Airtel Expands Network in Vadodara District

3 April 2024

On April 3, 2024, Bharti Airtel informed in a stock exchange filing that the company expanded its network footprint in Vadodara District under its rural network expansion project. Details of the Expansion in Vadodara On Wednesday, Bharti Airtel deployed additional sites in Vadodara district to densify its network. The company stated that the network expansion …

Club Mahindra Added 6 New Resorts To Its Portfolio

Club Mahindra Added 6 New Resorts To Its Portfolio

3 April 2024

On April 03, 2023, Mahindra Holidays & Resorts India Limited, in an exchange filing, stated its flagship brand, Club Mahindra, has announced the addition of new resorts to its existing portfolio. This addition, by partnering with the resorts through an inventory alliance, is aimed at providing members with access to exotic destinations and unique experiences …

HCL Technologies Collaborates with Google Cloud to Scale Gemini AI

HCL Technologies Collaborates with Google Cloud to Scale Gemini AI

3 April 2024

On April 3, 2024, HCL Technologies informed in an exchange filing that the company had launched a strategic initiative with Google Cloud to scale Gemini to global enterprises. Details of the Initiative HCL Technologies Limited (HCLTech) announced an extended alliance with Google Cloud to create industry solutions and drive business value with Gemini. Gemini is …

Sunteck Realty Strengthen Its Annuity Income Business

Sunteck Realty Strengthen Its Annuity Income Business

3 April 2024

On April 02, 2024, one of the leading luxury real estate developers, Sunteck Realty Limited (SRL), announced that it entered into a long-term understanding/ agreement of its second premium commercial building at BKC Junction, Sunteck Icon to Bennett, Coleman & Co Ltd. As a result, the company is expanding the annuity income business of its …

ICICI Lombard’s Stake in Hero Motocorp Rises to 0.42%

ICICI Lombard’s Stake in Hero Motocorp Rises to 0.42%

3 April 2024

On April 2, 2024, ICICI Lombard General Insurance Company Limited informed in an exchange filing that the company had acquired an additional 0.03% shares in Hero Motocorp Limited. The acquisition increases ICICI Lombard General Insurance Company Limited’s stake in Hero Motocorp Limited to 0.42%. Details of the Acquisition  On Tuesday, ICICI Lombard General Insurance Company …

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