MANUFACTURING STOCKS
Divine Power Energy shares list with 287% premium on NSE SME platform
Divine Power Energy's NSE SME IPO debut highlighted the critical role of winding wires in voltage regulation, converting electric to magnetic energy with fiberglass insulation for enhanced efficiency in power distribution.
Sylvan Plyboard stock debuts with 20% premium on NSE SME platform
Sylvan Plyboard's IPO on NSE SME platform debuted with a 20% premium. Reporting revenues of Rs 162 crore and a net profit of Rs 4.47 crore, the company distributes products through authorized dealers and sub dealers.
JM Financial initiates coverage on this small cap stock, views upside potential of 20%
Shivalik Bimetal Controls, analyzed by JM Financial, shows potential in niche markets with diverse growth avenues, including smart metering, EVs, and customized products. The company's expansion into shunt resistors and focus on global opportunities signal a promising future amidst challenges like market delays.
Ambuja Cements, Ravi Sanghi to offload 3.52 pc stake in Sanghi Industries
Ambuja Cements and Ravi Sanghi plan to sell a 3.52% stake in Sanghi Industries through an OFS. The sale will occur over two days on June 26 and June 27, 2024. Adani group firm Ambuja Cement acquired a majority stake in Sanghi Industries last year, with shares peaking at Rs 151.85 on January 15, 2024.
Deepak Shenoy hunting for winning stocks in 5 key megatrends
It is difficult to gauge changes in core fundamentals in just two weeks, but it appears that there is a level of political continuity that is acceptable to markets. It isn’t just retail investors; by June 24, foreign portfolio investors have added Rs 13,000 crore into equity markets as well. In the short term, the markets are slaves of liquidity, and the inflows seem to be strong.
Pick stocks from industrial, capex and manufacturing sectors: Chakri Lokapriya
The debt levels for Vi are still very high and it is a good thing that the block deal which will go through shortly, slightly more than a billion dollars, would help a lot in bringing down their debts.
- Go To Page 1
PCBL stock has delivered 72.3% return in one year; why it is this week's top stock
Analysts are confident about PCBL due to growing prospects of tyre industry and a strong surge in demand in segments like paints, inks and batteries.
Ashish Kacholia offloads nearly 4 lakh shares of this smallcap manufacturing company
Ace investor Ashish Kacholia made a move on Tuesday by selling a portion of his stake in Ador Welding, a small-cap manufacturer renowned for its high-quality welding machines.
11,000% rally! Smallcap multibagger stock turns Rs 10,000 to Rs 11 lakh in 10 years
Refex Industries, a manufacturer of refrigerant gases, witnessed a remarkable 11,000% stock rally in the last decade. Recent data shows a 33% rise in shares in the last six months and a 44% increase in the last year.
Japan's Nikkei rises as chip-related shares track US peers higher
Japan's Nikkei share average rose 0.55% to close at 38,703.51, led by Tokyo Electron and chip-related stocks, but gains were limited ahead of global central bank meetings.
TDP-linked stocks soar up to 32% in 2 days after strong election performance
TDP Linked Stocks: Heritage Foods and Amara Raja Energy stocks surged up to 32% following TDP's success in local elections, with ties to both companies through leadership connections. Heritage rose 10% to Rs 601, and Amara Raja climbed 9% to Rs 1,325 in Thursday's trading session.
Aimtron Electronics stock lists at 50% premium on NSE SME platform
Aimtron Electronics debuted on the NSE SME platform with a 49.7% premium through a successful IPO. The company provides tailored solutions for electronic system design and manufacturing services globally.
Japan's Nikkei jumps as chip-related shares track US peers higher
Japan's Nikkei share average rose over 1% on Thursday, led by Tokyo Electron and other chip-related stocks tracking U.S. peers higher.
S&P 500, Nasdaq close at record highs as data supports Fed easing
S&P 500 and Nasdaq hit record highs on Wednesday fueled by tech stocks amid expectations of Fed's easing cycle, impacting various sectors and economic indicators.
Tech stocks lift Nasdaq, S&P 500 as rate-cut expectations tick up
Nasdaq hits record intra-day high on tech rally, fueled by gains in Microsoft and Amazon. Investors remain cautious, weighing economic concerns against the possibility of earlier Fed rate cuts.
Stage set for Modi 3.0; which sectors are likely to see growth?
With BJP bagging 240 seats and NDA 291, a much less than expected results in the polls, investors will be looking forward to reviewing their portfolio, prompting predictions on policy recalibration by experts.
Kingmaker! These TDP-related stocks soar up to 20% after strong assembly, Lok Sabha show
Heritage Foods soared 20%, while Amara Raja soared nearly 13% as both companies have TDP connections. Amara Raja's Managing Director Jay Dev Galla was a former MP from the party, while Heritage Foods was promoted by Nara Lokesh, son of party chief Chandra Babu Naidu.
‘Make in India’ under a cloud takes shine off manufacturing
Investors sold manufacturing and infrastructure shares amid concerns over the BJP-led coalition government's performance in the elections, impacting stock indices and specific companies. Analysts suggest a cautious approach towards investments in these sectors.
Wall Street stocks end slightly higher as weak jobs data supports rate cut
U.S. stocks rose on Tuesday as labor market data hinted at a Fed rate cut. Axos Financial dropped after Hindenburg Research shorted the stock.
US stocks slip in choppy trading after weaker jobs data
Oil companies Exxon Mobil and Chevron dropped 2.3% and 1.5%, respectively, as demand concerns weighed on crude prices. Energy stocks led S&P 500 sectoral declines with 1.5% fall. Small-cap stocks, typically more sensitive to economic expectations, declined 1.2%, while the rate-sensitive real estate sector gained 0.9%.
Likely Modi win to boost Indian infrastructure, manufacturing stocks
Indian shares set to open higher on Monday as exit polls project third term for PM Narendra Modi. Gift Nifty at 23,353 points, indicating Nifty 50 to open higher. Market sentiment boosted by exit polls favoring incumbent government.
Exit Polls: Stay put in equities as stage looks set for Mission India 2047
Global brokerage firm Bernstein has predicted that if BJP alone wins over 290 seats, a heavy focus on manufacturing will continue with money being diverted from subsidies towards more incentives for manufacturing firms.
GSM Foils shares list at IPO price on NSE SME platform
GSM Foils Share Price: GSM Foils lists on NSE SME at Rs 32 per share, with healthy IPO response of 250 times subscription. The company manufactures Blister Foils and Aluminium Pharma Foils for pharmaceutical packaging, capitalizing on India's robust pharmaceutical industry.
TPG Asia sells entire stake in RR Kabel in Rs 958 crore block deal
Marquee funds, including Edelweiss MF, Tata MF, Goldman Sachs, Citigroup, Morgan Stanley, ICICI Pru MF, Blackstone Aqua, Reliance Nippon Life, and HDFC Standard Life, among others, bought stakes in the transaction.
Mark Mobius turns bullish on Chinese stocks amid recent rally
Mark Mobius turned bullish on Chinese equities, citing confidence in the recent rebound after advising investors to avoid them in April.
TPG Asia to exit RR Kabel, offload stocks worth Rs 1,000 crore in block deal: Report
TPG Asia had acquired around 21% stake in RR Kabel five years before the IPO, which was launched in late 2023. Since then, the PE firm has gradually cut its stake in the company.
Strong fundamentals behind stock market rally, focus on long term investment: Experts
The current spurt in the stock market is on account of strong fundamentals and robust corporate earnings and retail investors can look for buying opportunities to accumulate quality stocks, experts said. The benchmark Sensex on Monday scaled 76,000 level for the first time while the Nifty hit a new lifetime peak of 23,110.80.
Timken India shares jump 8% after Rs 1,800 crore block deal
On Tuesday, Timken India, a bearings manufacturer, saw a significant surge of 7.5% to reach a high of Rs 4,250 on the BSE, attributed to a substantial block deal valued at approximately Rs 1,800 crore, involving the exchange of 6.65% of equity shares.
Foreign promoters likely to sell 6.6% stake in Timken India
BofA Securities India’ term sheet revealed that the floor price has been fixed at Rs 3,550 apiece — a 10.2% discount to Monday's closing price of Rs 3,956. The sale at the floor price could fetch the parent company around Rs 1,775 crore or $213 million.
Load More
