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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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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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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Motilal Oswal initiates coverage on Time Technoplast with ‘buy’ rating, Rs 578 target price; stock up 9%
Backed by the company’s strong growth prospects, improving return ratios, and attractive valuation, domestic brokerage firm Motilal Oswal has initiated coverage on smallcap company Time Technoplast (TIME). The brokerage has given a ‘buy’ rating and a target price of Rs 578 to the company, implying a nearly 41% upside potential from the stock’s closing price…
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IndusInd Bank shares rise 5% as RBI officials hope things will settle soon
Shares of IndusInd Bank rose 5% on Friday after RBI officials expressed confidence that things should soon settle down at the lender, which has grappled with accounting lapses. Governor Sanjay Malhotra added that the central bank will not fail in its duty in case further steps have to be taken. The crisis began with a…
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Sunil Singhania picks stake in Indegene, stock up 4%
Shares of Indegene Ltd rose as much as 3.7% to Rs 611.50 on the BSE on Thursday, a day after Sunil Singhania’s Abakkus Emerging Opportunities Fund picked up a stake in the company through a large block deal. Abakkus was among several institutional investors that bought shares in the transaction where private equity major Carlyle…
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Eternal shares jump over 8% in 2 days. Here’s why
Shares of food aggregator Eternal (formerly Zomato) surged over 5% on Thursday to hit an intraday high of Rs 258.3 on the NSE, extending their two-day rally to over 8%. The stock was buoyed by strong trading volumes, with around 4.15 crore shares worth Rs 1,055.7 crore changing hands during the session. The major catalyst…
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Deccan Gold Mines shares zoom 14% after Jonnagiri gold project receives consent to operate
Shares of Deccan Gold Mines surged 14.3% intraday on Thursday to hit a day’s high of Rs 170.50 after the company announced that its associate firm, Geomysore Services (India), has received the Consent to Operate (CTO) from the Andhra Pradesh Pollution Control Board (APPCB) for its Jonnagiri Gold Project. In a regulatory filing, Deccan Gold…
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