Trent’s market cap touched Rs 2.96 trillion in the intraday deals, and is 1.5 per cent away from Rs 3-trillion milestone
Suzlon Energy shares jump over 9%. Here’s why (09-10-2024)
Shares of Suzlon Energy surged over 9% to Rs 80.47 on the BSE. The increase follows reports that Suzlon is competing to supply wind turbines to Tata Power. Tata Power seeks bids for a total capacity of 3 gigawatts. Earlier, Suzlon received warning letters from NSE and BSE over corporate governance issues raised by an Independent Director.
RBI has laid ground for rate cuts, gets proactive in approach to NBFCs: Nilesh Shah (09-10-2024)
Nilesh Shah of Kotak AMC praises RBI’s cautious stance on monetary policy and NBFCs. He notes RBI’s proactive actions in managing unsecured loans and inflation. Shah believes the flexible monetary policy will support economic growth, with the RBI projecting a 7.2% GDP growth for FY25 despite global uncertainties and challenges.
Torrent Power shares zoom 9% on securing 2,000 MW energy storage contracts from MSEDCL (09-10-2024)
Shares of Torrent Power surged 9% to a 52-week high after signing two letters of award with Maharashtra State Electricity Distribution Company Limited for the long-term supply of 2,000 MW energy storage capacity. The agreements include 1,500 MW energy supply capacity and 500 MW additional storage capacity, with plans for 40-year procurement from a pumped hydro storage plant in Maharashtra.
Bajaj Holdings shares gain 1.68% as Sensex rises (09-10-2024)
The stock quoted a 52-week high of Rs 11348.5 and a 52-week low of Rs 6634.6.
RBI policy: Prelude to future rate cuts? Inflation numbers hold the key (09-10-2024)
The policy remains open-ended on the future possibility of rate cut, which sounds reasonable given that the future course of inflation is hard to gauge
Senco Gold shares climb 5% on strong Q2 business updates (09-10-2024)
Shares of Senco Gold climbed nearly 5% after the company reported strong business updates for the July-September period. Retail growth increased by 27% year-on-year, with same-store sales growth rising to 20% in Q2, up from 4% in Q1.
Praveg Ltd: Play on Indian Tourism Industry! (09-10-2024)
Any update on the company participating on Khumbu Mela?
Ceinsys Tech hits life high after bagging Rs 331-cr LoA (09-10-2024)
Ceinsys Tech zoomed 15.25% to Rs 830 after the company received letter of award (LoA) from State Water and Sanitation Mission (SWSM), Water Supply and Sanitation Department (WSSD) for appointment of system integrators worth Rs 331.61 crore.