Derivatives market update Oct 15: In case of Bank Nifty the max pain is seen at 51,800; with the PCR rising to 1 – tilt towards a bullish bias is observed, says SAMCO Securities analyst.
Va Tech Wabag wins order of Rs 1,000 cr (15-10-2024)
Va Tech Wabag has received an order worth Rs 1,000 crore from Indosol Solar. With this order win, the company embarks on its journey to provide water security for the solar PV sector.
GOI announces the sale of three dated securities for a notified amount of ₹33,000 crore (15-10-2024)
The Government of India (GoI) has announced the sale (re-issue) of (i) 7.02% Government Security 2031 for a notified amount of ₹10,000 crore (nominal) through price based auction using multiple price method, (ii) 7.23% Government Security 2039 for a notified amount of ₹13,000 crore (nominal) through price based auction using multiple price method and (iii) 7.09% Government Security 2054 for a notified amount of ₹10,000 crore (nominal) through price based auction using multiple price method. GoI will have the option to retain additional subscription up to ₹2,000 crore against each security mentioned above. The auctions will be conducted by the Reserve Bank of India, Mumbai Office, Fort, Mumbai on October 18, 2024 (Friday). Up to 5% of the notified amount of the sale of the securities will be allotted to eligible individuals and institutions as per the Scheme for Non-Competitive Bidding Facility in the Auction of Government Securities.
Hyundai Motor India IPO opens for subscription. Should you bid for the mega issue? (15-10-2024)
Hyundai India’s Rs 27,870 crore IPO opens for subscription till October 17, involving an OFS of 14.2 crore shares by Hyundai Motor Global. The price band is set between Rs 1,865 to Rs 1,960 per share. Analysts recommend subscribing for long-term gains, citing robust financials and growth potential.
Sanghvi Movers (15-10-2024)
record date for split – 27th sept. It fell much before that date and after that date, but did not fall on that date which usually happens in stock splits…
Sterling & Wilson shares jump 3% after co turns profitable in Q2 (15-10-2024)
Sterling & Wilson Renewable Energy reported a net profit of Rs 8.57 crore for the second quarter ending September 2024, reversing a net loss of Rs 54.51 crore in Q2FY24. Revenue rose by 35.7% to Rs 1,030.49 crore YoY. The company’s shares have surged 25% in 2024 and 79% over two years.
Stock to Watch: JSW Infra shares in focus on receiving contract for development of Murbe Port (15-10-2024)
JSW Infrastructure has received a letter of intent from the Maharashtra Maritime Board to develop an all-weather multipurpose port at Murbe in Palghar District. The project aims to support the company’s cargo demands and enhance EXIM operations. It aligns with the company’s FY2030 growth plan, targeting an increase in capacity from 170 MTPA to 400 MTPA.
F&O Trade Setup For Traders| Nifty & Nifty Bank Levels To Watch | Stock Market | ET Now (15-10-2024)
Fund Manager Talk | Defence and rail PSU stocks fall up to 40%. Viraj Gandhi on what should investors do? (15-10-2024)
The multi cap category’s market share has increased from 2.5% in November 2021 to nearly 6% by August 2024. Over the last 36 months, this category has grown at the quickest rate.