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Top 2 Stocks to Watch Today – 18 October, 2023

Top 2 Stocks to Watch Today – 18 October, 2023

18 October 2023

Markets snapped a three-day losing streak with broad-based buying, even as participants remained concerned about rising tensions in the Middle East. All eyes will be on Federal Reserve Chair Jerome Powell, who is scheduled to speak on Thursday, October 19, for further insights into the central bank’s next steps and guidance on US interest rate …

Jio Financial Services to Demerge from Reliance Industries

Jio Financial Services to Demerge from Reliance Industries

10 July 2023

Reliance Industries Limited, the largest private sector corporation in India and a Fortune 500 company, has diversified its operations from textiles and polyester to encompass energy, materials, retail, entertainment, and digital services. The company’s extensive portfolio of products and services has a wide-reaching impact on the daily lives of people across different economic and social …

Spectacular results: Net profit of this multibagger stock jumps 5% YoY; company declares dividend

Spectacular results: Net profit of this multibagger stock jumps 5% YoY; company declares dividend

17 October 2023

Tuesday’s deals ended on a positive note as both the Sensex and Nifty wrapped up the day with modest gains of 0.39% and 0.4%, respectively. Established in 2012, L&T Technology Services (LTTS) is an engineering services provider specializing in engineering, research and development (ER&D), and digitalization solutions. LTTS offers its expertise to a diverse range …

Tata Metaliks hits fresh 52-week high amid a two-fold jump in PAT for Q2FY24

Tata Metaliks hits fresh 52-week high amid a two-fold jump in PAT for Q2FY24

17 October 2023

Today, shares of Tata Metaliks which is in the steel industry hit a 52-week high today amid strong financial results for the second quarter of FY24. In Q2FY24 company recorded a robust financial performance with a significant 209.03% year-on-year increase in net profit reaching Rs 44.16 crore compared to Rs 14.29 crore in the corresponding …

GPT Infraprojects locked in the upper circuit as it settles Rs 70.09 crore in three contractual disputes; details inside

GPT Infraprojects locked in the upper circuit as it settles Rs 70.09 crore in three contractual disputes; details inside

17 October 2023

On Tuesday, the shares of GPT Infraprojects closed at Rs 109.04, up by 1.99% from its previous closing of Rs 106.91 on the BSE. GPT Infra Projects has settled three contractual disputes under the Vivad Se Vishwas II (Contractual Disputes) Settlement Scheme for a total amount of Rs 70.09 crore. The disputes are related to …

J.Kumar Infraprojects shares hit a fresh 52-week high today; here’s why

J.Kumar Infraprojects shares hit a fresh 52-week high today; here’s why

17 October 2023

Kumar Infraprojects Limited, engaged in executing contracts for a range of infrastructure projects, including Transportation Engineering, Irrigation Projects, Civil Construction, and Piling Work, has reached a fresh 52-week high today at Rs 473.55. The company’s 52-week low stands at Rs 216.45. The recent surge in the share price can be attributed to the company securing …

Newgen Software closes at an all-time high after stellar Q2 FY24 results announcement

Newgen Software closes at an all-time high after stellar Q2 FY24 results announcement

17 October 2023

Shares of Newgen Software Technologies ended the day in the blue-sky zone today following the company’s Q2 FY24 results announcement. Despite the stock’s flat opening, with only a 1% increase from its previous day’s closing price on the BSE, it reached its 52-week high price of Rs 1,060 per share during the intraday session. This …

Advani Hotels and Resorts (India) Limited- A growth story in the making

Advani Hotels and Resorts (India) Limited- A growth story in the making

17 October 2023

Advani Hotels and Resorts (India), the owners and operators of the 201-key 5-Star Deluxe ‘Caravela Beach Resort Goa’, has been exhibiting excellent growth momentum in the recent past. The company’s share has surged by 49% since March 23, backed by robust sales & profitability growth along with higher Total revenue per occupied room (TREVPOR). In …

Volume buzzers: Here are today’s high-volume buzzers, 17 October 2023

Volume buzzers: Here are today’s high-volume buzzers, 17 October 2023

17 October 2023

The Sensex and Nifty are both on an upward trajectory, marking gains of 0.31% and 0.34%, respectively. In parallel, the Nifty Midcap and Nifty Smallcap segments are also exhibiting positive momentum, with gains of 0.31% and 0.73%, respectively. Examining the constituents of the Nifty 50 index, notable gainers include BPCL, SBI Life, and Power Grid. …

Volume buzzers: Here are today’s high-volume buzzers, 16 October 2023

Volume buzzers: Here are today’s high-volume buzzers, 16 October 2023

16 October 2023

The Sensex and Nifty are showing a mix of trends at the moment. In contrast, the Nifty Midcap and Nifty Smallcap segments are displaying strength, with gains of 0.25% and 0.52%, respectively. Among the components of the Nifty 50 index, Hero MotoCorp, JSW Steel and Tata Steel are leading the way in terms of gains. …

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