Latest Stock Market News

Shares of PSU power stock SJVN surged over 13% to Rs 159.60 on BSE on Friday, following the receipt of a Letter of Intent from the Mizoram government for the Darzo Lui pumped storage project. This project, comprising eight units of 300 MW each, is an On-stream Closed Loop Type pumped storage project.

Supreme Industries Ltd. key Products/Revenue Segments include Plastic Products, Polymers (Traded), Other Operating Revenue, Processing Charges and Export Incentives for the year ending 31-Mar-2024.

​On July 25, four Nifty500 stocks saw their closing prices fall more than 2% relative to the VWAP. This drop below the VWAP signals a potential bearish trend, according to stockedge.com.

​In the past month, several brokerages have raised target prices for stocks such as HDFC Life and HCL Tech. Trendlyne data shows up to eight upgrades for these stocks.

Sanstar IPO saw a strong response, with subscriptions nearly 83 times oversubscribed as investors heavily bid. The company plans to use the net proceeds to expand its Dhule facility, repay debt, and for general corporate purposes. Sanstar, a major Indian manufacturer, produces plant-based specialty products and ingredients for various applications.

A total of 22,929 shares changed hands on the counter till 09:59AM (IST)

Tech Mahindra Ltd., incorporated in the year 1986, is a Large Cap company (having a market cap of Rs 143416.23 Crore) operating in IT Software sector.

Promoters held 45.25 per cent stake in the company as of 30-Jun-2024, while FII and DII ownership stood at 17.03 per cent and 19.35 per cent, respectively.

Stocks that were in focus include names like Adani Green, which fell 7.75%, Nestle, which declined 2.5%, and Tech Mahindra, whose shares rose 0.44% on Thursday.

Companies like Aarti Drugs, Amber Enterprises, Bandhan Bank, Cholamandalam Investment, City Union Bank, ESAF SFB, Equitas SFB, Mangalam Organics, Piramal Pharma, TTK Prestige among others will also declare their results.