Latest Stock Market News
Garuda Construction IPO subscribed by 3 times on Day 2 so far, GMP down to 5%. Check detailsUpdated at : 2024-10-09 13:30:03 Rate this item (1 Vote)Garuda Construction and Engineering’s IPO saw robust interest, especially from retail investors who oversubscribed 5.4 times on day two. The price band is Rs 92-95 per share, with plans to raise Rs 173 crore from fresh equity. Analysts recommend subscribing due to strong order books and promising growth prospects. |
From skepticism to acceptance: How institutions are embracing cryptocurrenciesUpdated at : 2024-10-09 13:30:03 Rate this item (1 Vote)Institutions are increasingly embracing cryptocurrencies, driven by regulatory clarity, robust security measures, and client demand. This shift enhances market liquidity and stability, integrating digital assets with traditional finance. Notable early investors and collaborations highlight the growing legitimacy and investment opportunities in the crypto market. |
BEL shares up 1.49% as Nifty gainsUpdated at : 2024-10-09 13:30:03 Rate this item (1 Vote)A total of 480,846 shares changed hands on the counter till time (IST). |
Hyundai Motor IPO: All you need to know India’s largest Rs 25,000 crore issueUpdated at : 2024-10-09 12:30:02 Rate this item (1 Vote)
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Tata Power stock price up 2.88 per cent as Sensex climbsUpdated at : 2024-10-09 12:30:02 Rate this item (1 Vote)As of 30-Jun-2024, promoters held 46.86 per cent stake in the company, while FIIs held 9.51 per cent and domestic institutional investors had 7.24 per cent. |
Cement firms likely to see profits halve in September quarterUpdated at : 2024-10-09 12:30:02 Rate this item (1 Vote)Domestic cement producers may see profits halved in Q3 due to low volume growth and three-year low prices, amid intense competition and adverse weather impacting demand. |
Senco Gold shares climb 5% on strong Q2 business updatesUpdated at : 2024-10-09 12:30:02 Rate this item (1 Vote)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. |
Torrent Power shares zoom 9% on securing 2,000 MW energy storage contracts from MSEDCLUpdated at : 2024-10-09 12:30:02 Rate this item (1 Vote)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. |
Suzlon Energy shares jump over 9%. Here's whyUpdated at : 2024-10-09 12:30:02 Rate this item (1 Vote)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. |
Cummins India shares gain 2.11% as Sensex risesUpdated at : 2024-10-09 12:30:02 Rate this item (1 Vote)A total of 4,378 shares changed hands on the counter till 12:06PM (IST) |