Market News

Adani Energy Solutions to acquire IntelliSmart for ₹3,050 crore

Adani Energy Solutions share price has gained 16% in one month, and has rallied 60% in three months. The Adani Group stock has jumped 74% in one year, while it has surged 89% over the past three years.

Analysts stay bullish on IndiGo stock as the FY30 vision takes shape

IndiGo, in its recently held analyst meet, reiterated its ambition to raise international capacity share to around 40 per cent by FY30 from the current 30 per cent, according to a note by Elara.

RVNL share price gains over 3% after order win, breaks 9-day losing run

RVNL share price has fallen over 23% in one month, and has declined 15% in three months. The railway PSU stock has dropped 35% on a year-to-date (YTD) basis, while it has plunged 45% in one year.

Maruti Suzuki share price may rise 26% after JPMorgan projects margin improvement

Of the 49 analysts who have coverage on the stock, 43 have a "buy" rating, four have a "hold" rating and two have a "sell" rating.

Stocks to buy for short term: JSW Energy among 3 stocks Anand Rathi's Jigar Patel recommends buying for next 1-2 weeks - Mint

Stocks to buy for short term: JSW Energy among 3 stocks Anand Rathi's Jigar Patel recommends buying for next 1-2 weeksMint

HCL Tech Share Price Live Updates: HCL Tech's Stock Update: Current Price and EMA

SOLV Energy prices $540 million stock offering at $36 per share - Investing.com India

SOLV Energy prices $540 million stock offering at $36 per shareInvesting.com India

Stock markets decline for 2nd day on selling in oil, gas, banking shares

Stock markets closed lower for the second consecutive day on Wednesday as investors remained cautious amid conflicting geopolitical signals from the West Asia and fresh foreign fund outflows. In a volatile trade, the 30-share BSE Sensex declined 141.90 points, or 0.19 per cent, to settle at 75,867.80, with 20 of its constituents ending higher and 10 with losses. During the day, it hit a high of 76,224.68 and a low of 75,748.21, gyrating 476.47 points. The 50-share NSE Nifty skidded 6.55 points, or 0.03 per cent, to end at 23,907.15. Sensex had dropped by 479.26 points and Nifty by 118 points on Tuesday. Financials, oil & gas, IT and private banking shares were the major drag while energy, metals, and auto shares advanced, capping the downside. Among 30 Sensex firms, HDFC Bank fell the most by 2.63 per cent. Infosys, ITC, Hindustan Unilever, Reliance Industries and ICICI Bank were also among the major laggards. Power Grid, Eternal, NTPC and Tata Steel were the major ...

Multibagger stock: Softtech Engineers' share price on cusp of breakout. Do you own?

Multibagger stock to buy: According to Sumeet Bagadia of Choice Broking, breaking above ₹470 decisively would infuse a fresh uptrend in the multibagger stock. Here are the Q4 results, along with the share price trend.

Penny stock under ₹10 Shah Metacorp jumps after declaration of ₹49.8 crore rights issue

Shah Metacorp share price rose over 6% after announcing a rights issue to raise ₹49.80 crore for expansion. The issue opens on 11 June, offering shares at ₹4.86 each to enhance shareholder stakes. The company also plans to acquire a 26% interest in renewable energy.

Retail players can skip Central Bank of India OFS, say analysts, cite margin and earnings concerns

Retail investors are being urged by market analysts to steer clear of the government's shares sale in Central Bank of India. The bank's current margin issues and uncertain future profitability raise red flags. Despite the attractive discount on the offer price, experts forecast further share sales needed for compliance, leading to persistent sales pressure on the stock.

Nomura highlights the one stock to play the EMS theme, projects 30% upside

At 28 times its financial year 2029 estimated Earnings Per Share, Avalon Tech's current valuations are "attractive" as per Nomura.