IT INFRA
Sectoral and thematic mutual funds lead return chart last week
The equity mutual funds have offered up to 5% return in the last week (July 1 to July 5) and sectoral/ thematic funds have topped the return chart. There were around 644 equity mutual funds in the said period. Here are the top seven funds, according to the ACE MF.
Budget 2024: Hospitality players seek infra status for hotels
Advocates from the hospitality industry are urging the government in the upcoming Union Budget to classify hotels as infrastructure to enhance investment appeal and move away from luxury or 'sin' goods labels. They seek incentives like tax breaks for eco-friendly practices, highlighting tourism's potential for GDP growth and job creation.
SBI may bank on infra bonds to raise Rs 10,000 crore next week
State Bank of India is expected to enter the debt market next week to raise up to Rs 10,000 crore via infrastructure bonds, with Bank of India likely to follow a week later to raise Rs 5,000 crore. These bonds help reduce lenders' overall funding costs as they are exempt from CRR and SLR
Nirmal Bang initiates coverage on HUDCO, sees upside potential of 12%
Nirmal Bang starts coverage on HUDCO with a target price of Rs 375. Company projected to achieve 24.1% earnings growth CAGR by FY26E.
Effwa Infra and Research IPO opens today: Check issue size, price band, GMP and other details
Effwa Infra and Research IPO is now open for subscription, aiming to raise Rs 51.27 crore. The company offers engineering and project management services in water pollution control. Investors can bid for shares at Rs 78-82 apiece.
Share market update: Most active stocks in today's market in terms of volume
The NSE Nifty index closed 15.66 points up at 24302.15
- Go To Page 1
Share market update: Most active stocks on D-Street today in terms of volume
The NSE Nifty index was trading 97.5 points up at 24384.0
Madhya Pradesh budget focuses on infra, women and tribal welfare; no new tax
Madhya Pradesh government presented the state budget for 2024-25 with an outlay of Rs 3.65 lakh crore, focusing on infrastructure and welfare of women and tribals without announcing new taxes. Finance Minister Jagdish Devda faced opposition uproar regarding a nursing college scandal being probed by the CBI. The budget aims to double in size in five years, with increased allocations for various sectors, including education, agriculture, and social welfare programs.
Share market update: Most active stocks in today's market in terms of volume
The NSE Nifty index closed 162.66 points up at 24286.5
NCC likely to benefit from state-led infra push
A key factor which provides an edge to NCC over peers is its well-diversified order book. At present, on a consolidated basis, the company has an order book of Rs 57,536 crore, offering a revenue visibility for at least two and a half years.
Share market update: Most active stocks on D-Street today in terms of volume
The NSE Nifty index was trading 153.21 points up at 24277.05
MoU signed to set up 3 testing facilities in Chennai under Defence Testing Infra Scheme
The Ministry of Defence revolutionizes defence infrastructure with state-of-the-art facilities in Chennai. With a massive investment of Rs 400 crore under the DTIS scheme, led by Defence Minister Rajnath Singh, the MoU exchange in New Delhi sets the stage for cutting-edge testing facilities. Keltron, Bharat Electronics Limited, and India Optel Limited spearhead the initiative towards self-reliance in defence technology.
Nifty bull case target at 27K, says Axis Securities; bets on HDFC Bank, Bharti Airtel, others
Axis Securities expects reduced volatility and a smooth US market landing, targeting Nifty at 27,000 for March 2025 (bull case) and 24,600 (base case). They recommend stocks like HDFC Bank, ICICI Bank, Coal India, Nestle India, SBI, HCL Tech, Federal Bank, Varun Beverages, TVS Motors, Bharti Airtel, among others.
Share market update: Most active stocks in today's market in terms of volume
The NSE Nifty index closed 131.36 points up at 24141.95
Enviro Infra Engineers files draft papers to mop up funds via IPO
Proceeds from the fresh issue to the tune of Rs 181 crore will be used to meet the working capital requirements, Rs 100 crore will be used for payment of debt, Rs 30 crore will be infused into the company's subsidiary, EIEL Mathura Infra Engineers, to build 60 million litres per day Sewage Treatment Plant (STP) at Mathura in Uttar Pradesh.
Share market update: Most active stocks on D-Street today in terms of volume
The NSE Nifty index was trading 77.16 points up at 24087.75
Stocks in news: JSW Infra, Stanley Lifestyles, SAMHI Hotels, Bank Of Baroda, IREDA
Indicating that the company is still interested in the mega Tajpur deep sea port in West Bengal, JSW Infrastructure Ltd said that it remains open to re-evaluate its strategy for the project.
Valuations of some infra stocks at 2006-2008 high levels
After the blistering rally in 2004-2008, most of these stocks started crashing in January 2008 triggered by the Global Financial Crisis (GFC). The recovery in infrastructure and construction-related stocks began only in 2020-2021 though many of them are still far away from their 2007-08 peaks.
JSW Infrastructure to re-evaluate strategy for Tajpur port project 'if it comes for re-bidding': Official
JSW Infrastructure Ltd remains interested in the Tajpur deep sea port project in West Bengal, open to reassessing strategies if the project is re-bid, following Adani Ports and SEZ Ltd winning the last tender. Chief Minister Mamata Banerjee's announcement of a new tender has created uncertainty. APSEZ and JSW Infra are key players in the project, expected to attract a significant investment and create numerous jobs, awaiting further developments.
Core infra sectors grow 6.3% in May, maintain 6%-plus expansion for fourth straight month
Core infrastructure industries maintained growth above 6% for the fourth consecutive month in May, with notable increases in power generation and coal output. However, sectors like fertiliser and cement production witnessed contractions. Overall, the growth trajectory in the first two months of the fiscal year remains positive.
Share market update: Most active stocks in today's market in terms of volume
The NSE Nifty index closed 33.91 points down at 24010.6
Share market update: Most active stocks on D-Street today in terms of volume
The NSE Nifty index was trading 87.71 points up at 24132.2
Sembcorp files suit against Siemens Gamesa over unsettled arbitration
Sembcorp's India unit has filed a lawsuit in a Bengaluru court to prevent Siemens Gamesa from selling its Indian business assets before settling an ongoing arbitration. The arbitration pertains to alleged default in executing a contract. Sembcorp has sought an injunction over the sale, which includes Siemens Gamesa's shareholding in India.
F&O stocks: PVR INOX, Indiamart Intermesh among 5 stocks with long buildup
Bulls dominate PVR INOX, Indiamart Intermesh, GMR Infra, SAIL, and Dixon Technologies with fresh long positions. Price increases accompanied by open interest rises confirm long buildup signals. Additional checks aid trading decisions, including proximity to 52-week high and bullish crossovers.
Buy Rudra Global Infra Products, target price Rs 70: ProfitMart
Rudra Global Infra Products Ltd., incorporated in the year 2010, is a Small Cap company (having a market cap of Rs 513.96 Crore) operating in Metals - Ferrous sector.
Share market update: Most active stocks on D-Street today in terms of volume
The NSE Nifty index was trading 7.06 points down at 23550.85
Proposed Rs 72,000-cr 'Mega Infra Project' in Great Nicobar poses grave threat to tribals, should be reviewed: Congress
The Congress has called for a halt to a proposed Rs 72,000-crore infrastructure project in Great Nicobar Island, citing grave threats to tribal communities and the ecosystem. Congress leader Jairam Ramesh highlighted concerns over forest land diversion, inadequate consultations, and violations of legal and constitutional provisions safeguarding indigenous groups. He demanded immediate suspension of clearances and impartial review by parliamentary committees.
Share market update: Most active stocks in today's market in terms of volume
The NSE Nifty index closed 66.7 points up at 23465.6
Jaypee Infratech Delisting: Suraksha Realty to pay exit price to retail shareholders, sets June 21 as record date
The successful resolution applicant of Jaypee Infratech will pay on a par with the liquidation value of the company to its shareholders holding about 542 million equity units while delisting the company from the stock exchanges. The company said that the existing public shareholders shall be given an aggregate exit at a price of Rs 14 lakh, which is not less than the liquidation value.
Load More
