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Dixon, Kaynes Tech Shares Up 5%: EMS Stocks In Focus After Government Waives Customs Duty On Key Parts
Dixon, Syrma SGS, Avalon Technologies and Kaynes shares rallied up to 6% after the government waived customs duty on key electronics components.
Syrma SGS, Dixon Tech, Amber shares gain up to 5% after this positive development
Syrma SGS holds a distinct competitive edge in the domestic manufacturing of magnetic products, including inductor coils, chokes and transformers.
Mobavenue AI Tech expands its presence in United States
Appoints Eric Lind as Country Head - United States
Tech Mahindra Share Price Live Updates: Tech Mahindra Surpasses Key Technical Indicator
HCL Tech Share Price Live Updates: HCL Tech's Price Analysis
Wall Street Highlights: S&P 500, Nasdaq Pare Iran War-Driven Losses After Dip Buyers Emerge
The tech-heavy Nasdaq 100 closed 0.3% higher and the S&P 500 declined 0.3%, paring a drop of as much as 1.1% that put it on track to test its 50-day moving average. Materials, consumer discretionary and financials were the biggest laggards.
Silver Touch Tech climbs after bagging AI project from RITES
Silver Touch Technologies rallied 4.69% to Rs 189.55 after the company secured an order from Rites to develop artificial intelligence (AI)-based detailed project report (DPR) appraisal & intelligence platform, PARAKH.
AI stocks tumble as oil surge and bond yields drag Wall Street lower
Chipmakers led a tech selloff while rising oil prices and Treasury yields weighed on markets. Samsung slumped despite strong profit guidance, Rivian sank on a share sale and global stocks retreated.
Ideaforge Tech gains after board OKs opening of QIP
Ideaforge Technology added 2.03% to Rs 855 after the company the launched of qualified institutional placement for equity shares with a floor price of Rs 835.86 per equity share.
Infosys, Tech Mahindra, Mphasis Among Anand Rathi's Top Picks Amid The IT Sector's 'Double Whammy'
Despite the near-term challenges, Anand Rathi remains positive on select names and among large caps, it has identified Infosys, LTI Mindtree and Tech Mahindra as its preferred picks.
Stock Alert: JSW Infra, Ideaforge Tech, Uno Minda, Orchid Pharma
Ideaforge Technology launced the qualified institutional placement (QIP) issue and fixed the floor price at Rs 835.86 per share. The company may offer a discount of up to 5% to the floor price.
