These 4 stocks have shown substantial gains on Thursday’s trading sessions, indicating strong bullish activity. Here’s an in-depth look at them: Allcargo Terminals Ltd Allcargo Terminals has given a volume price breakout on a daily timeframe. The stock is currently trading at Rs 52 and has seen a spurt in volume of 2.06 times. The …
Today, the broader indices, NSE Nifty50 and BSE Sensex, concluded the day on a positive note. The Nifty50 index commenced trading at 19,674.70, indicating a flat opening compared to the previous day’s closing level of 19,675.44. Throughout the intraday session, it surged to a high of 19,875.25 and dipped to a low of 19,627 before …
RPP Infra Projects Ltd, which is in the business of construction hit a 52-week high today at Rs 97.72. Today’s surge came after the company got new orders worth Rs 133.48 crore. The company secured multiple significant projects, showcasing its expertise in structural steel works and construction. Their acceptance for supplying, fabricating, and erecting structural …
The Nifty 50 commenced the trading session on a subdued note, opening at 19,674.7 and later achieving a peak at 19,875.25. Despite the initial flatness, the market sustained a bullish sentiment throughout the day. However, a pullback in the second half from the day’s high was observed. Ultimately, the index concluded positively at 19,765.2, marking …
In a monumental development, Pennar Industries, a stalwart in value-added engineering solutions, has recently notched up orders totalling a staggering Rs 669 crore, a figure nearing an impressive 50% of its current market capitalization of Rs 1500 crore. The orders span multiple sectors, highlighting Pennar’s prowess in delivering customised engineering solutions. Vertical Customers PEB RLR …
The Central government announced a reduction in the windfall tax on crude oil and diesel. The tax on domestically produced crude oil, in the form of Special Additional Excise Duty (SAED), was lowered from Rs 9,800 per tonne to Rs 6,300 per tonne. Additionally, the SAED on diesel exports was decreased from Rs 2 per …
Hero MotoCorp, the world’s largest manufacturer of motorcycles and scooters, recorded its highest-ever festive sales this year. As per the details mentioned in the press release the company clocked more than 14 lakh (1.4 million) units in retail sales during the 32-day festive period between the first day of Navratri and Bhai Dooj this year. …
The Sensex and Nifty are both on an upward trajectory, marking surges of 0.70% and 0.69%, respectively. In parallel, the Nifty Mid-cap and Nifty Small-cap segments exhibited higher momentum, up by 0.60% and up 0.92%, respectively. Examining the constituents of the Nifty 50 index, notable gainers include TCS, Tech Mahindra, and Infosys. On the flip …
On November 16, 2023, Gensol Engineering Limited revealed its success as the lowest bidder for the Engineering, Procurement, and Commissioning (EPC) contract for the innovative green hydrogen-based mobility station in Kargil, Ladakh, commissioned by the National Hydroelectric Power Corporation Ltd. (NHPC). This groundbreaking project aims to operate hydrogen fuel cell-powered buses in the region, aligning …
RateGain Travel Technologies Limited, positioned as a global distribution technology firm and the leading Software as a Service (SaaS) provider within India’s travel and hospitality sector, announced its QIP yesterday evening post-market closing. According to the information provided, the company’s board of directors approved and adopted the preliminary placement document dated November 15, 2023, along …
