Tanla Platforms shares soar 13% as board likely to consider share buyback
Shares of Tanla Platforms soared 12.8% to hit their day’s high of Rs 702 on BSE in Thursday’s trade after the company announced that its board of directors will meet on June 16 to consider a proposal for the buyback of equity shares. “Pursuant to Regulation 29(1)(b) of the SEBI LODR, this is to inform…
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Reliance Power shares plummet 11% in 2 days amid profit booking from 52-week high
Shares of Reliance Power fell 11% over two sessions to hit a low of Rs 61.08 on the BSE on Thursday, as investors booked profits after the stock touched a fresh 52-week high of Rs 76.49 on June 11. As of 11 am on Thursday, 138.46 lakh shares of Reliance Power had changed hands on…
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From rags to rallies: Tata’s B team delivers up to 49% returns in 3 months, outshining bluechips
After a rough start to 2025, Tata Group stocks have staged a sharp rebound over the past three months. Sixteen group companies have posted double-digit gains—rising as much as 49%—but the comeback has been led largely by lesser-known names rather than the usual blue-chip heavyweights. Take, for instance, Automobile Corporation of Goa, which has emerged…
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Shakti Pumps shares surge 5% on bagging Rs 114 cr work order from Maharashtra Energy Department Agency
Shares of Shakti Pumps (India) surged 4.6% to hit an intraday high of Rs 1,010 on the BSE on Thursday, following the announcement of a major order worth Rs 114.58 crore (inclusive of GST) from the Maharashtra Energy Department Agency (MEDA). The company has received a Letter of Award from MEDA for the supply and…
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GTL Infrastructure shares rally 42% in 2 days amid sectoral momentum
Shares of GTL Infrastructure surged 42% over the past two trading sessions, climbing as much as 18.7% on Thursday to Rs 2.16 on the BSE, as investors piled into the small-cap telecom infrastructure stock despite no fresh corporate announcements. The rally is being driven by speculative interest and bullish technical indicators, alongside renewed optimism in…
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Jubilant promoters eye Rs 2,000 crore via stake sales for Hindustan Coca-Cola Beverages deal
Jubilant Bhartia Group promoters have initiated a process to sell minority stakes in their listed companies to raise Rs 2,000 crore to part-fund the acquisition of a 40% stake in Hindustan Coca-Cola Beverages (HCCB), people familiar with the matter said. The proceeds from the sale of stakes in Jubilant FoodWorks, Jubilant Pharmova, Jubilant Ingrevia and…
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Stocks in news: Wipro, HDFC Bank, Nazara Tech, Maruti Suzuki, Bank of Baroda
Markets remained volatile for yet another session and ended marginally in the green amid a lack of fresh triggers. In today’s trade, shares of Wipro, HDFC Bank, Nazara Tech, Maruti Suzuki, Bank of Baroda among others will be in focus due to various news developments. WiproAbout 18.05 crore shares of Wipro, amounting to a 1.72%…
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US stock futures, dollar dip on tariff threat
US equity-index futures dipped along with the dollar after President Donald Trump said he will set unilateral tariff rates within two weeks, dialing up trade tensions once again. Oil jumped on tensions in the Middle East. Contracts for the S&P 500 and the Nasdaq 100 fell 0.2% after Trump said he will send letters to…
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Nuvoco Vistas plans to raise Rs 1,200 crore for Vadraj buyout
Mumbai: Building materials company Nuvoco Vistas is planning to raise ₹1,200 crore through a structured funding arrangement to part-fund its ₹1,800 crore acquisition of Vadraj Cement. The money will be raised by issuing compulsory convertible debentures (CCD) and compulsory convertible preference shares (CCPS) in Vadraj after the completion of the acquisition and will replace the…
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China stocks near 3-week high as Sino-US trade truce sparks optimism
China stocks hit their highest levels in nearly three weeks on Wednesday, lifted by optimism over progress in U.S.-China trade talks, though investors awaited further details on the framework agreed by the two countries. China’s blue-chip CSI300 Index rose as much as 1.2%, hitting its highest level since May 23. The Hong Kong’s benchmark Hang…
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