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52-week high alert: L&T wins mega orders from India & Oman

52-week high alert: L&T wins mega orders from India & Oman

17 January 2024

Today, the shares of Larsen & Toubro Limited reached a new 52-week high, touching the mark of Rs 3614 a piece on BSE. The company’s current market capitalisation is Rs 4,90,947.42 crore. Recent development  Larsen & Toubro’s Buildings & Factories (B&F) Business has secured notable orders in both India and Oman. In India, the Residential …

Top 3 breakout stocks trading below Rs 100

Top 3 breakout stocks trading below Rs 100

17 January 2024

These three equities gained significantly during Wednesday’s trading sessions, indicating strong bullish action. Here’s an in-depth look. TV18 Broadcast Ltd:  TV18 Broadcast Ltd exhibits a compelling technical setup. The stock has demonstrated a Price Volume Breakout, signifying a strong bullish sentiment. Furthermore, it is currently trading above all key moving averages, reinforcing the positive outlook. …

These 3 stocks from BSE 500 jumped over 6% today, 17 January 2024

These 3 stocks from BSE 500 jumped over 6% today, 17 January 2024

17 January 2024

The benchmark index S&P BSE 500 opened today at 30,991.83 and made its day high at 31,159.26 and it is trading in red today, down by more than 0.80% From the same space, these are the top 3 companies that outperformed the benchmark index and were up by more than 6% today. Cochin Shipyard Ltd …

Breakout stocks of the day: Bayer CropScience and Welspun Corp

Breakout stocks of the day: Bayer CropScience and Welspun Corp

17 January 2024

With price volume support, Bayer CropScience and Welspun Corp have strong bullish breakout potential. The stock prices have displayed a rounding bottom and a consolidation breakout and is presently trading at Rs 5,902 and Rs 572. The breakout aligns with positive signals from technical indicators such as RSI, ADX, and other key metrics, reinforcing the …

HDFC bank posts the biggest single-day fall in nearly 3 years; Erases market cap of nearly Rs 1 lakh crore

HDFC bank posts the biggest single-day fall in nearly 3 years; Erases market cap of nearly Rs 1 lakh crore

17 January 2024

Today’s dip of -8.44% in HDFC Bank shares, despite decent Q3FY2024 results, has left investors questioning the reasons behind this downturn. In this article, we dissect the factors contributing to the decline, assess the bank’s Q3 financials, and draw insights from historical instances of drastic falls in HDFC Bank shares. Understanding the Fall Although HDFC …

Upper Circuit Stocks Today – 17 January, 2024

Upper Circuit Stocks Today – 17 January, 2024

17 January 2024

On Wednesday, the benchmark indices were trading lower with the Sensex down around 831.50 points or 1.14% at 72,297.27while the Nifty-50 down around 239.35 points or 1.09 at 21,793. About 1,338 shares have advanced, 1,777 declined, and 92 are unchanged on the BSE. Top gainers and losers on the BSE Sensex index are as follows: …

Vijay Kedia Increases Stake in Vaibhav Global; Ashish Kacholia Also Owns 1.21% Stake in the Company

Vijay Kedia Increases Stake in Vaibhav Global; Ashish Kacholia Also Owns 1.21% Stake in the Company

18 January 2024

Vaibhav Global Limited (VGL), through its distinctive business model, has created a niche for itself in the global retail space, especially in the jewellery, accessories, and lifestyle product segments of two of the largest economies in the world, the US and the UK. The company’s stock is one that you should keep on your radar, …

Ashok Leyland bags new orders for 1,225 buses; upbeat quarterly numbers propel stock upward

Ashok Leyland bags new orders for 1,225 buses; upbeat quarterly numbers propel stock upward

18 January 2024

Ashok Leyland has secured a major order for 1225 buses from Karnataka State Transport Undertakings (KSRTC, NWKRTC, and KKRTC). This deal, valued at approximately Rs 522 crore, marks a significant win for the Indian commercial vehicle manufacturer. The order specifies the delivery of fully built, AIS 153-certified, BSVI-compliant Viking buses with advanced iGen6 technology and …

Novoloop and Aether Industries ally to revolutionise plastic recycling

Novoloop and Aether Industries ally to revolutionise plastic recycling

18 January 2024

The world’s plastic problem weighs heavily. Mountains of discarded bottles and bags clog landfills and oceans, choking wildlife and polluting our environment. But what if this wasn’t just a waste crisis, but a hidden goldmine? That’s the audacious vision behind Novoloop’s revolutionary pilot plant in India, a beacon of hope in the fight against plastic …

Government to offload 3.5% stake in NHPC: Grab a piece at Rs 66 per share

Government to offload 3.5% stake in NHPC: Grab a piece at Rs 66 per share

18 January 2024

In a move towards promoting sustainable energy, the Indian government has set the stage for a significant stake sale in the renowned renewable energy giant, NHPC Ltd. Let’s break down the key details of this offer-for-sale (OFS) that could reshape the energy landscape. Government’s Green Move: The government is eyeing a 3.5% stake in NHPC …

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