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Share market update: Most active stocks of the day in terms of traded value
The NSE Nifty index closed 26.3 points up at 24613.0
Share market update: Most active stocks of the day in terms of total traded value
The NSE Nifty index was trading 54.1 points up at 24640.8
Share market update: Most active stocks of the day in terms of total traded value
The NSE Nifty index was trading 87.8 points up at 24589.95
Railway stocks hit record highs ahead of Budget; How to trade IRCON, IRCTC and RailTel on Monday
Indian market broke out of the range to hit fresh record highs on Friday. The S&P BSE Sensex rallied more than 600 points while Nifty50 closed with gains of 186 points. The S&P BSE Sensex hit a record high of 80,893 while the Nifty50 hit a lifetime high of 24,592 in intraday trade on Friday.
Fund Manager Talk | Don't make lumpsum investment in this phase of bull market: Naveen KR
With the Sensex and Nifty continuing to make record peaks every other day, this is the time to stick to SIP strategy and not enter the market with a lumpsum amount, says Naveen KR, smallcase Manager, Senior Director, Windmill Capital.
7 rail stocks delivered up to 28% returns last week. Do you own any?
The week ending July 12 saw a significant rally in railway stocks ahead of the Union Budget scheduled for July 23. The surge in railway stocks last week followed news reports suggesting that the government may increase allocation for this sector in the upcoming budget. According to Ace Equity data, seven railway stocks delivered returns of up to 28% in the last week. Here's the list:The week ending July 12 saw a significant rally in railway stocks ahead of the Union Budget scheduled for July 23. The surge in railway stocks last week followed news reports suggesting that the government may increase allocation for this sector in the upcoming budget. According to Ace Equity data, seven railway stocks delivered returns of up to 28% in the last week. Here's the list:
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RailTel shares jump 11%, hit fresh 52 week high; multibaggers IRFC, Ircon join party with new peaks
RailTel Share Price: Railway stocks including Railtel Corporation of India, Ircon International, and IRFC are surging to new highs as the market anticipates the Modi 3.0 government's budget announcement on July 23.
Share market update: Most active stocks of the day in terms of total traded value
The NSE Nifty index was trading 54.35 points up at 24370.3
Stocks in news: TCS, HCL Tech, Anand Rathi Wealth, Prestige Estates, RIL
Domestic markets closed steady with focus on TCS, HCL Tech, Anand Rathi Wealth, and others for their first quarter results. Companies like RIL's Ethane Crystal LLC and Prestige Estates face challenges. GTPL Hathway shows growth in revenue. Oriental Rail Infra secures a significant order from Indian Railways. Adani Wilmar expands stake in OCIPL.
HRIDC to conduct feasibility study for Eastern Orbital Rail Corridor
The Haryana Rail Infrastructure Development Corporation (HRIDC) announced plans to conduct a feasibility study for the Eastern Orbital Rail Corridor (EORC) project. Spanning 135 km, the corridor will parallel the Eastern Peripheral Expressway, linking Palwal in Haryana to Sonipat via Ghaziabad, Noida, and Baghpat in Uttar Pradesh. The project, primarily under Uttar Pradesh jurisdiction with 90 km, and 45 km in Haryana, was initiated by the Uttar Pradesh government.
Share market update: Most active stocks of the day in terms of traded value
The NSE Nifty index closed 8.5 points down at 24315.95
Smallcap rail stock hit 5% upper circuit on winning orders from Indian Railways
Oriental Rail Infra Stock: Under the terms of the contract, 95% of the contract value will be disbursed upon receipt of an inspection certificate from the nominated agency and proof of dispatch or delivery of the materials. The remaining 5% will be paid after the goods are received, inspected, and officially accepted.
False promises made of cleaning the city: Rail Minister Ashwini Vaishnaw hits out at Delhi CM Arvind Kejriwal
Union Minister Ashwini Vaishnaw of India has criticised Delhi CM Arvind Kejriwal for unresolved issues of water scarcity and garbage in the city. Vaishnaw criticized the Aam Aadmi Party (AAP) government for making false promises of cleaning the city, providing drinking water, and closing drainages, but failing to do so. Vaishnaw also criticized Kejriwal's liquor policy, which he said messed up the entire government system and raised questions about his work ethic and responsibility.
Share market update: Most active stocks of the day in terms of total traded value
The NSE Nifty index was trading 72.61 points down at 24251.85
Siemens wins Rs 766 crore Bangalore Metro electrification order
Siemens has secured an order worth Rs 766 crore from Bangalore Metro Rail Corporation for the electrification of Bengaluru Metro Phase 2, a project aimed at sustainable public transport. The total order value is around Rs 766 crore, with Siemens Limited's share at around Rs 558 crore.
Share market update: Most active stocks of the day in terms of traded value
The NSE Nifty index closed 108.75 points down at 24324.45
Share market update: Most active stocks in today's market in terms of volume
The NSE Nifty index closed 108.75 points down at 24324.45
RVNL shares rally 10% on receiving LoA from Nagpur Metro
Rail Vikas Nigam's stock surged 10% to Rs 598 after securing a contract for six Nagpur elevated metro stations, including Kanhan River. Completion is in 30 months. The FY25 order inflow targets Rs 20,000-25,000 crore, and it possesses an Rs 85,000 crore order book. Market capitalization reached Rs 1.11 lakh crore, post revenue growth of 17.4%.
Share market update: Most active stocks of the day in terms of total traded value
The NSE Nifty index was trading 169.25 points down at 24263.95
Share market update: Most active stocks on D-Street today in terms of volume
The NSE Nifty index was trading 117.41 points down at 24315.8
Share market update: Most active stocks of the day in terms of traded value
The NSE Nifty index closed 112.66 points up at 24433.2
RVNL now valued more than Ircon, 4 other rail stocks combined
Among the above-mentioned peers, RVNL is followed by Ircon International with a market capitalization of Rs 29,179.5 crore, Jupiter Wagons and Titagarh Rail Systems with a market cap of Rs 28,965.69 crore and Rs 23,920.08 crore respectively.
RVNL, IRFC among railway stocks that rally up to 16% ahead of Union Budget
Railway stocks, including RVNL and IRFC, reached new peaks before the upcoming Union Budget. Positive sentiment surrounds RVNL after signing MoU with DMRC. Other companies like Texmaco Rail and RailTel also saw significant gains. Finance Minister to present budget on July 23, with focus on targeted spending.
Bengaluru Circular Rail Link project work starts. Key updates, routes and other details
The 287-km Bengaluru Circular Rail Link aims to reduce congestion and enhance connectivity around the city's outskirts with a Rs 23,000 crore budget. The state government will cover land acquisition costs, while the Railways handle construction. The project, crucial for complementing the Bengaluru Suburban Rail Project, is progressing with the detailed project report for Devanahalli to Doddaballapur nearly complete.
Railways to revise Rs 31,000 cr wagon procurement plan
The Indian Railways has revised its ₹31,418 crore wagon procurement plan after supplier Modern Industries failed to fulfill a contract. The plan, which aimed to supplement the 300,000 existing wagons on the network, was placed with seven suppliers in July 2022. The largest order was placed with Titagarh Wagons for 24,177 units. Modern Industries was supposed to supply 9,242 wagons for ₹3,776.35 crore, but the order was scaled down to 3,151 wagons for ₹1,287.54 crore last month under force majeure conditions.
Titagarh Rail shares rally 17% in 2 days as BlackRock buys over 9 lakh shares
RVNL's stock surged by 3% on BSE following the KRDCL-RVNL JV securing a project worth Rs 156.47 crore from Southern Railway, showcasing a positive trend in the railway sector.
BlackRock buys 9.46 lakh shares in Titagarh Rail for 153 crore via block deal
Bulk deal data from the BSE reveals that Rashmi Chowdhary sold more than 26.93 lakh shares at Rs 1,618 each, netting approximately Rs 436 crore from the transaction. Chowdhary, a promoter of the railway sector company, owned over 1.28 crore shares, representing a 9.52% stake as of the end of March, as per the shareholding information available on the NSE.
Meerut to Ghaziabad in 30 minutes: Namo Bharat Rapid rail services to Meerut South station may start next week
The Namo Bharat rapid rail corridor is likely to be extended from Sahibabad to Meerut South by the end of this month, enhancing connectivity between Ghaziabad and Meerut. Approved by the Commissioner of Metro Rail Safety, this 8km extension will cut travel time to 30 minutes. The project includes 13 Meerut stations, with substantial benefits for students and commuters, promising a significant upgrade in travel efficiency.
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