Latest Stock Market News

Shares of Kohinoor Foods jumped 7.4% to its day’s high of Rs 47.45 while the shares of Chaman Lal Setia Exports rose 7% to their new all-time high of Rs 313.95. Meanwhile, LT Foods shares price went up by 4.3% to Rs 412.20 whereas KRBL shares were up by 3.7% to a high of Rs 312.

Axis Securities has buy call on Bank of Baroda with a target price of Rs 275. The current market price of Bank of Baroda is Rs 249.8.

The China Central Bank Governor Pan Gongsheng, earlier last week had announced plans to lower borrowing costs and inject more liquidity into the economy while also announcing that the reserve requirement ratios (RRR), the percentage of cash banks are required to hold as reserves, was cut by 50 basis points (bps), later in the week.

Icon Facilitators, a leading technical facilities management services provider in North India, has filed for an IPO with BSE SME. The company plans to issue 21 lakh equity shares and use the proceeds for working capital and corporate purposes.

A total of 9,294 shares changed hands on the counter till time (IST).

Indian benchmark indices Sensex and Nifty50 opened lower on Monday, influenced by mixed regional market cues and declines in major stocks like Reliance Industries and Infosys.

Hem Securities has buy call on Hindustan Unilever with a target price of Rs 3,387. The current market price of Hindustan Unilever is Rs 2979.5.

A total of 987 shares changed hands on the counter till 11:05AM (IST).