Encumbered share means those shares cannot be traded. these are locked. Locked can be because of many reasons – agreement with company, anchor investor locked for certain time after IPO, pledged.
These 3 NSE Metal stocks can extend gains amid China stimulus; hint charts (30-09-2024)
Hindalco, SAIL and Hindustan Copper seem to be favourably placed on the technical charts and can potentially rally up to 13 per cent from present levels; check key support and resistance levels here.
Buy Adani Energy Solutions, target price Rs 1,318: ICICI Securities (30-09-2024)
ICICI Securities has buy call on Adani Energy Solutions with a target price of Rs 1,318. The current market price of Adani Energy Solutions is Rs 1,010.2.
Exploring legal options on BJP MLA’s claim on toppling govt, says Deputy CM Shivakumar (30-09-2024)
Karnataka Deputy Chief Minister D K Shivakumar has announced that legal options will be explored after a senior BJP MLA claimed a significant amount of money has been set aside to topple the Congress government. The BJP legislator stated that his party’s central leadership and MLAs oppose such actions, and the government would fall on its own.
Swiggy’s qcom arm beats food delivery growth (30-09-2024)
For food aggregator platform Swiggy, quick commerce (qcom) is proving to be a better growth opportunity than food delivery. Its qcom arm Instamart is rapidly outpacing its core food delivery vertical across several key financial metrics, the company’s recently filed draft red herring prospectus (DRHP) shows.
BEL shares drop 1.96% as Sensex falls (30-09-2024)
On the technical charts, the RSI of the stock stood at 46.02.
Indian Hotels shares down 3.35% as Nifty drops (30-09-2024)
A total of 77,438 shares changed hands on the counter till 02:03PM (IST).
Morgan Stanley sees up to 20% upside in Tata Power, Torrent Power & BHEL (30-09-2024)
Morgan Stanley has turned positive on the utilities capex cycle, upgrading Tata Power and Torrent Power. The bank expects strong earnings growth for private independent power producers due to supply tightness. It sees significant upside potential in stocks like Tata Power, Torrent Power, NTPC, and BHEL.