RattanIndia Power shares skyrocket 35% in 2 days, firm issues clarification on sudden volume spike
Shares of RattanIndia Power surged as much as 12.9% on Wednesday, taking their two-day rally to 35%, amid a spike in trading volumes and strong bullish signals on technical charts. The stock touched an intraday high of Rs 16.13 on the NSE, with 20.5 crore shares changing hands. In response to a query from the…
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Talbros Automotive shares jump over 8% on Rs 580 crore order win
Shares of Talbros Automotive Components surged 8.2% to Rs 322.8 on the BSE in Wednesday’s trade after the company, along with its joint ventures, secured orders worth Rs 580 crore from leading OEMs for both domestic and export markets. The orders span all product segments, including gaskets, heat shields, forging components, chassis parts, and hoses,…
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Reliance Power shares rally 5% to hit new 52-week high
Shares of Reliance Power surged 4.8% on Tuesday to a fresh 52-week high of Rs 67.68 on the BSE, extending a rally that has seen the stock gain 76% over the past month and 173% in the last year. The stock has been buoyed in recent weeks by a combination of project wins, favourable court…
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JP Power share price drop 1.58% as Sensex falls
Shares of Jaiprakash Power Ventures Ltd. traded 1.58 per cent down at Rs 17.45 at 10:54AM (IST) on Tuesday, even as BSE benchmark Sensex dropped 35.37 points to 82409.84. The scrip had closed at Rs 17.73 in the previous session. The stock quoted a 52-week high price of Rs 23.77 and 52-week low of Rs…
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Coforge shares soars 6% after JP Morgan sees more upside, bets on growth and margin expansion
Coforge shares surged nearly 6% to Rs 1,895 on the BSE in Tuesday’s trade after JP Morgan reiterated its ‘Overweight’ rating on the stock with a target price of Rs 2,080, implying an upside potential of 16% from the previous close. The brokerage said it remains confident about Coforge’s industry-leading growth prospects and margin expansion….
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United Spirits shares gain 3% on reports of potential RCB stake sale by parent Diageo
Shares of United Spirits Ltd (USL) jumped as much as 3.2% to hit a day’s high of Rs 1,644 on the BSE in Tuesday’s session, following a Bloomberg report that its parent company Diageo Plc is considering a potential stake sale in the IPL 2025-winning franchise, Royal Challengers Bengaluru (RCB). According to the report, Diageo…
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Rapido crashes food delivery party. Should Swiggy and Eternal investors be worried?
Just when Swiggy and Zomato thought they had the food delivery turf locked down, ride-hailing app Rapido has kicked the door open, threatening to shake up the duopoly with a bold, undercutting strategy. The bike-taxi platform has entered the food delivery business, charging restaurants commissions nearly half of what Zomato and Swiggy do. That single…
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F&O Radar | Deploy Bull Call Spread in GAIL to play a bullish bet
GAIL shares have been trading at Rs 193.64, nearing a potential breakout from a Cup and Handle pattern on the daily chart.According to analysts, the stock has formed a strong bullish candle with rising volumes. This indicates growing buying interest and building pressure near the neckline of the pattern. 121745454“A decisive close above Rs 195…
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European shares hold steady ahead of US-China trade talks
European shares were subdued on Monday, after rounding off the previous week with gains, as markets waited another round of Sino-U.S. trade talks later in the day. The pan-European STOXX 600 was flat at 553.72 points by 0708 GMT, after four consecutive sessions of gains. Top officials from the U.S. and China are scheduled to…
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Hyundai shares soar 7% to surpass IPO price, hit new all-time high amid high volumes
Shares of Hyundai Motor India surged 6.8% on Monday to hit a fresh all-time high of Rs 1,986.60 on the BSE, surpassing its listing day high of Rs 1,970 recorded on October 22, 2024, amid heavy trade volumes. Around 12:20 pm today, 90,000 shares of the company were traded on the BSE, with a total…
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