Posts in category All News
Craftsman Automation rallies after inking MoU to acquire Sunbeam (25-06-2024)
Craftsman Automation surged 8.79% to Rs 5,260 after the company announced that it has has entered into a memorandum of understanding (MoU) with Sunbeam Lightweighting Solutions Private (Sunbeam) and Kedaara Capital Fund II LLP (Kedaara).
GOI announces the sale of two dated securities for a notified amount of ₹31,000 crore (25-06-2024)
The Government of India (GoI) has announced the sale (issue/ re-issue) of (i) 7.10% GS 2034 for a notified amount of ₹20,000 crore, (ii) 7.34% GS 2064 for a notified amount of ₹11,000 crore. The auction will be conducted using multiple price method. Both competitive and non-competitive bids for the auction should be submitted in electronic format on the Reserve Bank of India Core Banking Solution (E-Kuber) system on June 28, 2024 (Friday). GoI will have the option to retain additional subscription up to ₹2,000 crore.
Stock market update: Mining stocks up as market rises (25-06-2024)
The 30-share BSE Sensex was up 142.41 points at 77483.49
Zomato Share Price Today Live: Zomato stock gains over 1.5% in early trade (25-06-2024)
Zomato Share Price Live Updates: According to a report by Emkay, Zomato’s Gross Order Value (GOV) grew by approximately 26% YoY in CY23. Zomato’s higher growth rate is attributed to the superior performance of its Quick Commerce segment. Emkay maintains a BUY rating on Zomato with a target price of ₹230 per share. The shares were up by 1.67% to ₹202.24 on the NSE while on the BSE, the stock traded at ₹202.05 up by 1.58%.
Hot Stocks: Brokerage view on Bandhan Bank, HDFC Bank, Tech Mahindra and Amara Raja (25-06-2024)
Brokerage firms like Citigroup, JPMorgan, and Bernstein provide ratings on Tech Mahindra, Amara Raja Batteries, and HDFC Bank. ETNow and other sources collated the recommendations, including Citigroup's sell rating on Tech Mahindra with a raised target price.
JSW Steel USA to invest USD 110 mn in its Baytown facility (25-06-2024)
To upgrade steel plate mill and supply products for US offshore wind deployment
Swan Energy rises 3% after board okays 49% stake buy in TOPL for Rs 440 cr (25-06-2024)
The uptick in share came after board of Swan Energy approved acquisition of 49 per cent equity stake in Triumph Offshore Private Ltd from Indian Farmers Fertiliser Cooperative Ltd for Rs 440 cr
Havells India shares gain 1.83% as Sensex rises (25-06-2024)
The stock quoted a 52-week high of Rs 1986.55 and a 52-week low of Rs 1233.1.
Telecom shares gain (25-06-2024)
Telecom stocks were trading in the positive zone, with the BSE Telecommunication index rising 20.9 points or 0.69% at 3042.21 at 09:47 IST.