Ceenik Exports (India) hit an upper circuit of 5% at Rs 1,323.30 after the company reported standalone net profit of Rs 4.28 crore in Q2 FY25, steeply higher than Rs 0.13 crore posted in Q2 F24.
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Vedanta slumps 15%: Is it a good entry point? (22-11-2024)
After climbing to a record high of Rs 523 on September 30, shares of commodity major Vedanta have come off over 15 per cent amid a fall in the overall markets. The Anil Agarwal-led firm’s latest slump comes after its stock price doubled over the past one year. Is it a blip or a trend reversal?
Innovators Facade Systems spurts on Rs 110-cr order win (22-11-2024)
Innovators Facade Systems gained 6.41% to Rs 191 after the company received the work order for Prestige Trade Centre project from Prestige Mulund Realty worth Rs 110 crore.
Kitex Garments board OKs proposal to issue bonus equity shares in 2:1 ratio (22-11-2024)
Kitex Garments said that its board has approved a proposal to issue bonus equity shares in the ratio of 2:1 i.e. two new fully paid equity shares of Re 1 each for every one existing equity share of Re 1 each held as on record date by the shareholder.
Tata Power shares 0.86% as Sensex rises (22-11-2024)
On the technical charts, the RSI of the stock stood at 40.55.
Websol energy system ltd (22-11-2024)
Websol Green energy is promoter group entity. They have been issued convertible warrants as a means to infuse capital by the promoters into Websol Energy ( Listed entity ) . The proposal for the same was announced to the exchanges on April 11 th ( The pricing of the warrants are also at Rs 530 due to the same ) . The subsequent price appreciation has favoured the promoters , but I think there is nothing illegal here.
SJVN signs 7 GW renewable energy deal with Rajasthan Government (22-11-2024)
SJVN’s agreement with Rajasthan Government outlines plans for 5 GW of Pumped Storage Projects and 2 GW of Floating Solar Projects
Reliance oversold; a change at helm in Maharashtra could be negative for market margin: Sandip Sabharwal (22-11-2024)
Indian equity markets are currently experiencing a period of uncertainty, with investors closely watching the outcome of the Maharashtra elections and the ongoing Adani Group controversy. Despite this, certain large-cap stocks, including Reliance Industries and select private banks, are seen as attractive investment opportunities due to their oversold status and strong fundamentals.