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Jyoti touches the roof as its switchgear division secures order worth Rs 32.89 crore Jyoti is currently trading at its upper limit of Rs. 107.05, up by 9.70 points or 9.96% from its previous closing of Rs. 97.35 on the BSE. The scrip opened at Rs. 99.00 and has touched a high and low of Rs. 107.05 and Rs. 98.05 respectively. So far 335017 shares were traded on the counter. The BSE group 'X' stock of face value Rs. 10 has touched a 52 week high of Rs. 165.00 on 22-Oct-2024 and a 52 week low of Rs. 44.00 on 15-Feb-2024. Last one week high and low of the scrip s...
Jyoti touches the roof as its switchgear division secures order worth Rs 32.89 crore
Jyoti touches the roof as its switchgear division secures order worth Rs 32.89 crore
Source: Accord Fintech
2024-12-20 01:45:53 pm
India`s solar equipment manufacturing capacity set to surge in next 2-3 years India's solar equipment manufacturing capacity is poised for robust growth over the next 2-3 years, with module and cell manufacturing capacity of around 80 GW and 50 GW respectively in the pipeline, according to a report.  This will entail a capex of nearly Rs 1 lakh crore with an estimated debt funding of nearly Rs 70,000 crore over the medium term, including investments in polysilicon and wafer capacities, it said. India's module and cell capacity stood at around 70 GW a...
India`s solar equipment manufacturing capacity set to surge in next 2-3 years
India`s solar equipment manufacturing capacity set to surge in next 2-3 years
Source: IANS
2024-12-19 04:04:22 pm
Stove Kraft trades higher on the bourses Stove Kraft is currently trading at Rs. 919.10, up by 23.05 points or 2.57% from its previous closing of Rs. 896.05 on the BSE. The scrip opened at Rs. 900.45 and has touched a high and low of Rs. 973.25 and Rs. 879.65 respectively. So far 18921 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 973.25 on 19-Dec-2024 and a 52 week low of Rs. 410.10 on 27-Mar-2024. Last one week high and low of the scrip stood at R...
Stove Kraft trades higher on the bourses
Stove Kraft trades higher on the bourses
Source: Accord Fintech
2024-12-19 03:13:15 pm
Buy MTAR Technologies Ltd For Target Rs.2,100 By Motilal Oswal Financial Services Ltd Fueling clean energy liftoff MTARTECH derives the majority of its revenue (~60% in 1HFY25) from the clean energy segments, with most of it coming from one customer, Bloom Energy (BE). As the transitory impact of BE’s product changes is over now, we expect the company to report strong growth in the near term in this segment, led by the revival of orders from BE and the addition of new clients. * MTARTECH witnessed a rough patch over the last couple of quarters due to product trans...
Buy MTAR Technologies Ltd For Target Rs.2,100 By Motilal Oswal Financial Services Ltd
Buy MTAR Technologies Ltd For Target Rs.2,100 By Motilal Oswal Financial Services Ltd
Source: Motilal Oswal Financial Services
2024-12-19 11:25:07 am
Interarch Building Products shines on entering into strategic partnership with Jindal Steel & Power Interarch Building Products is currently trading at Rs. 1735.45, up by 46.65 points or 2.76% from its previous closing of Rs. 1688.80 on the BSE. The scrip opened at Rs. 1688.00 and has touched a high and low of Rs. 1743.00 and Rs. 1645.55 respectively. So far 5043 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 1810.00 on 01-Nov-2024 and a 52 week low of Rs. 1110.65 on 04-Sep-2024. Last one week high and low o...
Interarch Building Products shines on entering into strategic partnership with Jindal Steel & Power
Interarch Building Products shines on entering into strategic partnership with Jindal Steel & Power
Source: Accord Fintech
2024-12-19 10:25:18 am
Exide Industries rises on investing additional Rs 99.99 crore in Exide Energy Solutions Exide Industries is currently trading at Rs. 452.80, up by 1.95 points or 0.43% from its previous closing of Rs. 450.85 on the BSE. The scrip opened at Rs. 456.75 and has touched a high and low of Rs. 456.75 and Rs. 447.00 respectively. So far 39314 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 620.00 on 25-Jun-2024 and a 52 week low of Rs. 278.40 on 20-Dec-2023. Last one week high and low of the scrip stood a...
Exide Industries rises on investing additional Rs 99.99 crore in Exide Energy Solutions
Exide Industries rises on investing additional Rs 99.99 crore in Exide Energy Solutions
Source: Accord Fintech
2024-12-18 10:57:18 am
Nitco rises on securing order worth Rs 105.40 crore Nitco is currently trading at Rs. 143.45, up by 2.90 points or 2.06% from its previous closing of Rs. 140.55 on the BSE. The scrip opened at Rs. 147.55 and has touched a high and low of Rs. 147.55 and Rs. 142.10 respectively. So far 12857 shares were traded on the counter. The BSE group 'T' stock of face value Rs. 10 has touched a 52 week high of Rs. 148.50 on 12-Dec-2024 and a 52 week low of Rs. 27.14 on 18-Dec-2023. Last one week high and low of the scrip stood at Rs. 148.5...
Nitco rises on securing order worth Rs 105.40 crore
Nitco rises on securing order worth Rs 105.40 crore
Source: Accord Fintech
2024-12-17 10:46:09 am
Buy Cello World Ltd For Target Rs.1000 By Motilal Oswal Financial Services Ltd Penning the growth story ahead Cello World Ltd (CELLO) has achieved significant success within the writing instrument segment (accounted for ~17% of its consolidated revenue in FY24) following its re-entry into the space in CY19. Currently, Unomax (CELLO’s brand) is one of the leading brands in the industry, posting revenue of ~INR3.3b in FY24 (~44% revenue CAGR over FY21-24) along with industry best margin profile. The domestic business accounted for ~60% of segmental revenues in FY...
Buy Cello World Ltd For Target Rs.1000 By Motilal Oswal Financial Services Ltd
Buy Cello World Ltd For Target Rs.1000 By Motilal Oswal Financial Services Ltd
Source: Motilal Oswal Financial Services
2024-12-17 10:19:44 am
Vikas Lifecare zooms on entering into technology transfer agreement Vikas Lifecare is currently trading at Rs. 4.52, up by 0.18 points or 4.15% from its previous closing of Rs. 4.34 on the BSE. The scrip opened at Rs. 4.27 and has touched a high and low of Rs. 4.65 and Rs. 4.27 respectively. So far 3064829 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 7.92 on 23-Jan-2024 and a 52 week low of Rs. 4.05 on 18-Nov-2024. Last one week high and low of the scrip stood at Rs. 4.69 and...
Vikas Lifecare zooms on entering into technology transfer agreement
Vikas Lifecare zooms on entering into technology transfer agreement
Source: Accord Fintech
2024-12-16 03:12:03 pm
Contractual workers in Indian manufacturing sector see 5.6 pc annual pay growth  The contractual employees in the Indian manufacturing sector saw their compensation packages grow at a 5.9 per cent compound annual growth rate (CAGR) from FY21 to FY24, according to a report on Monday.  This growth was driven by inflation, increased demand for skilled workers, and the need for competitive pay to retain talent, according to the report by TeamLease Services, India’s leading staffing solutions company. Moreover, the sector’s workforce is predominant...
Contractual workers in Indian manufacturing sector see 5.6 pc annual pay growth
Contractual workers in Indian manufacturing sector see 5.6 pc annual pay growth
Source: IANS
2024-12-16 11:23:42 am
Dixon Technologies (India) shines on entering into binding term sheet with vivo Mobile India Dixon Technologies (India) is currently trading at Rs. 18399.25, up by 441.50 points or 2.46% from its previous closing of Rs. 17957.75 on the BSE. The scrip opened at Rs. 18300.00 and has touched a high and low of Rs. 18439.60 and Rs. 18145.00 respectively. So far 8120 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 18,643.75 on 16-Dec-2024 and a 52 week low of Rs. 5785.00 on 24-Jan-2024. Last one week high and...
Dixon Technologies (India) shines on entering into binding term sheet with vivo Mobile India
Dixon Technologies (India) shines on entering into binding term sheet with vivo Mobile India
Source: Accord Fintech
2024-12-16 10:07:17 am
United Drilling Tools trades marginally in green on BSE United Drilling Tools is currently trading at Rs. 277.40, up by 0.65 points or 0.23% from its previous closing of Rs. 276.75 on the BSE. The scrip opened at Rs. 275.00 and has touched a high and low of Rs. 278.65 and Rs. 273.65 respectively. So far 679 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 318.05 on 08-Feb-2024 and a 52 week low of Rs. 195.40 on 05-Jun-2024. Last one week high and low of the scrip sto...
United Drilling Tools trades marginally in green on BSE
United Drilling Tools trades marginally in green on BSE
Source: Accord Fintech
2024-12-13 10:37:10 am
Faalcon Concepts jumps on getting nod to acquire 61% stake in Chrome Coaters Faalcon Concepts is currently trading at Rs. 62.11, up by 1.09 points or 1.79% from its previous closing of Rs. 61.02 on the BSE. The scrip opened at Rs. 63.70 and has touched a high and low of Rs. 63.70 and Rs. 62.11 respectively. So far 12000 shares were traded on the counter. The BSE group 'MT' stock of face value Rs. 10 has touched a 52 week high of Rs. 95.00 on 26-Apr-2024 and a 52 week low of Rs. 48.80 on 05-Jun-2024. Last one week high and low of the scrip stood at Rs....
Faalcon Concepts jumps on getting nod to acquire 61% stake in Chrome Coaters
Faalcon Concepts jumps on getting nod to acquire 61% stake in Chrome Coaters
Source: Accord Fintech
2024-12-12 12:34:57 pm
Shakti Pumps touches roof on getting letter of empanelment to supply 25000 SPWPS pumps in Maharashtra Shakti Pumps (India) is currently trading at upper limit of Rs. 844.50, up by 40.20 points or 5.00% from its previous closing of Rs. 804.30 on the BSE. The scrip opened at Rs. 844.50 and has touched a high and low of Rs. 844.50 and Rs. 844.50 respectively. So far 20134 shares were traded on the counter. The BSE group 'T' stock of face value Rs. 10 has touched a 52 week high of Rs. 901.00 on 27-Nov-2024 and a 52 week low of Rs. 155.17 on 21-Dec-2023. Last one week high and low...
Shakti Pumps touches roof on getting letter of empanelment to supply 25000 SPWPS pumps in Maharashtra
Shakti Pumps touches roof on getting letter of empanelment to supply 25000 SPWPS pumps in Maharashtra
Source: Accord Fintech
2024-12-12 11:43:54 am
United Drilling Tools jumps on bagging order worth Rs 148.66 crore United Drilling Tools is currently trading at Rs. 291.35, up by 16.45 points or 5.98% from its previous closing of Rs. 274.90 on the BSE.  The scrip opened at Rs. 287.35 and has touched a high and low of Rs. 294.90 and Rs. 286.90 respectively. So far 22379 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 318.05 on 08-Feb-2024 and a 52 week low of Rs. 195.40 on 05-Jun-2024. Last one week high and low of the ...
United Drilling Tools jumps on bagging order worth Rs 148.66 crore
United Drilling Tools jumps on bagging order worth Rs 148.66 crore
Source: Accord Fintech
2024-12-12 10:29:23 am
Asian Granito India zooms on entering into JVA to acquire shares of Klyn AGL Asian Granito India is currently trading at Rs. 74.73, up by 5.05 points or 7.25% from its previous closing of Rs. 69.68 on the BSE. The scrip opened at Rs. 71.08 and has touched a high and low of Rs. 77.38 and Rs. 71.08 respectively. So far 448594 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 98.19 on 22-Aug-2024 and a 52 week low of Rs. 50.90 on 13-Mar-2024. Last one week high and low of the scrip stood at ...
Asian Granito India zooms on entering into JVA to acquire shares of Klyn AGL
Asian Granito India zooms on entering into JVA to acquire shares of Klyn AGL
Source: Accord Fintech
2024-12-11 02:55:13 pm
Styrenix Performance gains on getting nod to acquire 100% shareholding of INEOS Styrolution (Thailand) Styrenix Performance Materials is currently trading at Rs. 2881.95, up by 24.90 points or 0.87% from its previous closing of Rs. 2857.05 on the BSE. The scrip opened at Rs. 2857.10 and has touched a high and low of Rs. 2883.25 and Rs. 2823.25 respectively. So far 3623 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 2907.80  on 10-Dec-2024 and a 52 week low of Rs. 1250.05 on 14-Mar-2024. Last one week high ...
Styrenix Performance gains on getting nod to acquire 100% shareholding of INEOS Styrolution (Thailand)
Styrenix Performance gains on getting nod to acquire 100% shareholding of INEOS Styrolution (Thailand)
Source: Accord Fintech
2024-12-10 11:59:49 am
Usha Martin rises as its arm to acquire 2.02% stake in USSIL Usha Martin is currently trading at Rs. 412.10, up by 4.55 points or 1.12% from its previous closing of Rs. 407.55 on the BSE. The scrip opened at Rs. 409.95 and has touched a high and low of Rs. 414.05 and Rs. 406.35 respectively. So far 15987 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 450.85 on 15-Oct-2024 and a 52 week low of Rs. 272.65 on 14-Mar-2024. Last one week high and low of the scrip stood at Rs....
Usha Martin rises as its arm to acquire 2.02% stake in USSIL
Usha Martin rises as its arm to acquire 2.02% stake in USSIL
Source: Accord Fintech
2024-12-09 03:08:38 pm
Roto Pumps shines as its arm secures over 400 global, domestic orders for Solar Pumping Solutions Systems Roto Pumps is currently trading at Rs. 309.35, up by 27.20 points or 9.64% from its previous closing of Rs. 282.15 on the BSE. The scrip opened at Rs. 299.00 and has touched a high and low of Rs. 320.00 and Rs. 297.30 respectively. So far 70988 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 374.33 on 03-Jul-2024 and a 52 week low of Rs. 150.23 on 13-Mar-2024. Last one week high and low of the scrip stood at Rs....
Roto Pumps shines as its arm secures over 400 global, domestic orders for Solar Pumping Solutions Systems
Roto Pumps shines as its arm secures over 400 global, domestic orders for Solar Pumping Solutions Systems
Source: Accord Fintech
2024-12-09 11:00:22 am
Welspun Corp gains on bagging additional two large orders in USA Welspun Corp is currently trading at Rs. 807.90, up by 18.45 points or 2.34% from its previous closing of Rs. 789.45 on the BSE. The scrip opened at Rs. 814.95 and has touched a high and low of Rs. 824.50 and Rs. 805.65 respectively. So far 64191 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 824.50 on 09-Nov-2024 and a 52 week low of Rs. 441.00 on 04-Jun-2024. Last one week high and low of the scrip stood at R...
Welspun Corp gains on bagging additional two large orders in USA
Welspun Corp gains on bagging additional two large orders in USA
Source: Accord Fintech
2024-12-09 10:40:58 am
Harsha Engineers shines on entering into agreement with leading multinational bearing company Harsha Engineers International is currently trading at Rs. 551.75, up by 15.00 points or 2.79% from its previous closing of Rs. 536.75 on the BSE. The scrip opened at Rs. 554.75 and has touched a high and low of Rs. 559.40 and Rs. 547.90 respectively. So far 4430 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 610.75 on 08-Jul-2024 and a 52 week low of Rs. 360.00 on 27-Mar-2024. Last one week high and low of th...
Harsha Engineers shines on entering into agreement with leading multinational bearing company
Harsha Engineers shines on entering into agreement with leading multinational bearing company
Source: Accord Fintech
2024-12-06 10:35:37 am
Vikas Lifecare surges on establishing new manufacturing facility in Rajasthan Vikas Lifecare is currently trading at Rs. 4.36, up by 0.04 points or 0.93% from its previous closing of Rs. 4.32 on the BSE. The scrip opened at Rs. 4.30 and has touched a high and low of Rs. 4.40 and Rs. 4.25 respectively. So far 1959572 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 7.92 on 23-Jan-2024 and a 52 week low of Rs. 4.05 on 18-Nov-2024. Last one week high and low of the scrip stood at Rs. 4.40 and...
Vikas Lifecare surges on establishing new manufacturing facility in Rajasthan
Vikas Lifecare surges on establishing new manufacturing facility in Rajasthan
Source: Accord Fintech
2024-12-05 03:13:31 pm
Sprayking gains as its arm secures export order for brass billets Sprayking is currently trading at Rs. 11.42, up by 0.06 points or 0.53% from its previous closing of Rs. 11.36 on the BSE. The scrip opened at Rs. 11.50 and has touched a high and low of Rs. 11.55 and Rs. 11.40 respectively. So far 52360 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 30.02 on 08-Feb-2024 and a 52 week low of Rs. 11.11 on 03-Dec-2024. Last one week high and low of the scrip stood at Rs. 11.63 an...
Sprayking gains as its arm secures export order for brass billets
Sprayking gains as its arm secures export order for brass billets
Source: Accord Fintech
2024-12-05 10:42:58 am
Safari Industries rises after its arm starts commercial production of luggage at Jaipur facility Safari Industries (India) is currently trading at Rs. 2698.00, up by 18.00 points or 0.67% from its previous closing of Rs. 2680.00 on the BSE. The scrip opened at Rs. 2707.00 and has touched a high and low of Rs. 2722.95 and Rs. 2627.60 respectively. So far 2364 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 2722.95 on 04-Dec-2024 and a 52 week low of Rs. 1627.40 on 19-Mar-2024. Last one week high and low of t...
Safari Industries rises after its arm starts commercial production of luggage at Jaipur facility
Safari Industries rises after its arm starts commercial production of luggage at Jaipur facility
Source: Accord Fintech
2024-12-04 04:11:07 pm
Sunrise Efficient Marketing touches the roof on securing order for 800 SynchroPlus motors Sunrise Efficient Marketing is currently trading at its upper limit of Rs. 137.35, up by 2.65 points or 1.97% from its previous closing of Rs. 134.70 on the BSE. The scrip opened at Rs. 137.35 and has touched a high and low of Rs. 137.35 and Rs. 137.35 respectively. So far 9000 shares were traded on the counter. The BSE group 'MT' stock of face value Rs. 10 has touched a 52 week high of Rs. 137.35 on 04-Dec-2024 and a 52 week low of Rs. 39.10 on 03-Oct-2024. Last one week hig...
Sunrise Efficient Marketing touches the roof on securing order for 800 SynchroPlus motors
Sunrise Efficient Marketing touches the roof on securing order for 800 SynchroPlus motors
Source: Accord Fintech
2024-12-04 03:54:36 pm
Buy Cummins India Ltd For Target Rs. 4300 By Motilal Oswal Financial Services Ltd Plant visit and interaction takeaways Our recent interaction with the management of Cummins India Ltd (KKC) reinstated that demand has continued to remain strong for the powergen segment from key user industries. Additionally, other segments, such as distribution and industrial, continue to benefit from initiatives taken over the years to enhance customer reach and the overall positive macro environment. The company has transitioned well in the CPCB 4+ norm shift and expects the market to ...
Buy Cummins India Ltd For Target Rs. 4300 By Motilal Oswal Financial Services Ltd
Buy Cummins India Ltd For Target Rs. 4300 By Motilal Oswal Financial Services Ltd
Source: Motilal Oswal Financial Services Ltd
2024-12-04 12:09:21 pm
Buy Greenpanel Industries Ltd For Target Rs.450 By PL Capital Disappointing performance continues We downward revise our FY25 earnings estimates by 6.9% to account for weak performance in Q2FY25 and rising domestic competition, impacting MDF realization. GREENP has guided for domestic MDF volume growth of 15-18% (YoY) in H2FY25. However, we have considered MDF volume growth at 16% for H2FY25. MDF domestic realization decreased 4.4% YoY in Q2FY25 due to competitive pricing. MDF exports were also impacted by lower availability of containers and increas...
Buy Greenpanel Industries Ltd For Target Rs.450 By PL Capital
Buy Greenpanel Industries Ltd For Target Rs.450 By PL Capital
Source: Prabhudas Lilladher Capital
2024-12-03 03:27:21 pm
Buy Balrampur Chini Ltd For Target Rs.700 By JM Financial Services Seasonally weak quarter; positive catalysts in place Balrampur Chini’s (BRCM) 2QFY25 reported EBITDA was 61%/47% below JMFe/ consensus estimates respectively on account of lower crushing volume, leading to negative operating leverage. Distillery operations were impacted due to restriction on the use of sugar cane juice/syrup as a feedstock, impacting profitability. The management has refrained from guiding on crushing volume in SS25. Going ahead, we expect late planting of crops at s...
Buy Balrampur Chini Ltd For Target Rs.700 By JM Financial Services
Buy Balrampur Chini Ltd For Target Rs.700 By JM Financial Services
Source: JMFinancial Services
2024-12-02 02:14:28 pm
Neutral Exide Ltd For Target Rs.435 By Motilal Oswal Financial Services Ltd Demand weakness hurts margins OE and telecom demand remain weak, other segments grow * Exide (EXID)’s 2QFY25 result was disappointing, as EBITDA margin stood at 11.3% (-50bp YoY; est. 11.8%) due to lower absorption of fixed overheads. While demand is likely to remain steady in the LAB segment, we expect margins to stabilize at current levels in H2. * We cut our FY26E EPS by ~4.5% to factor in lower margins while broadly retaining our FY25E EPS. While the market appears to be up...
Neutral Exide Ltd For Target Rs.435 By Motilal Oswal Financial Services Ltd
Neutral Exide Ltd For Target Rs.435 By Motilal Oswal Financial Services Ltd
Source: Motilal Oswal Financial Services
2024-12-02 12:23:43 pm
Buy Happy Forgings Ltd For Target Rs.1,300 By Motilal Oswal Financial Services Ltd Margin beats estimate, led by better product mix Focusing on gradually ramping up presence in Industrial segment * Happy Forgings (HFL)’s 2QFY25 result was encouraging as it reported a healthy EBITDA margin of 29.2% (+190bp YoY, est. 28%) led by a higher mix of machining and industrial segment. Despite a muted demand outlook for its core CV division, we expect HFL to continue outperforming, driven by new order ramp-up, particularly in exports and industrials, growth in new se...
Buy Happy Forgings Ltd For Target Rs.1,300 By Motilal Oswal Financial Services Ltd
Buy Happy Forgings Ltd For Target Rs.1,300 By Motilal Oswal Financial Services Ltd
Source: Motilal Oswal Financial Services
2024-12-01 03:47:44 pm
Buy DOMS Industries (DOMS IN) For Target Rs.2,924 By PL Capital In an evolution zone We initiate coverage on DOMS with a BUY rating and TP of Rs3,349. In an industry dominated by unorganized players, competitive edge of DOMS stems from 1) superior brand recall 2) ability to offer innovative products (eraseners, two-dooz sharpeners & grove pencils) 3) cost competitiveness arising from backward integration 4) strong distribution reach with 125,000+ retail touch points and 5) superior R&D capabilities & technical know-how given the collaborati...
Buy DOMS Industries (DOMS IN) For Target Rs.2,924 By PL Capital
Buy DOMS Industries (DOMS IN) For Target Rs.2,924 By PL Capital
Source: Prabhudas Lilladher Pvt. Ltd.
2024-11-30 03:02:49 pm
China's manufacturing sector posts faster expansion in November China's manufacturing sector registered faster expansion in November on government policy support, official data showed on Saturday.  The purchasing managers' index for China's manufacturing sector came in at 50.3 in November, up from 50.1 in October, the National Bureau of Statistics (NBS) said in a statement, Xinhua news agency reported. A reading above 50 indicates expansion, while a reading below 50 reflects contraction. China's manufacturing sector saw faste...
China's manufacturing sector posts faster expansion in November
China's manufacturing sector posts faster expansion in November
Source: IANS
2024-11-30 12:52:23 pm
Neutral Colgate-Palmolive India Ltd. For Target Rs.3,250 By Motilal Oswal Financial Services Ltd Focusing on balanced growth Colgate (CLGT) held an analyst meet on 27th Nov’24 to discuss its strategic growth initiatives and demand outlook. Here are the key takeaways: *  CLGT's strategic pillars that drive volume and value growth in oral care are intact. The company continues to expand its personal care portfolio and sees significant potential in preimmunizing the toothpaste and toothbrush categories. Rapid advancements in digital initiatives have enhanced CLGT's ...
Neutral Colgate-Palmolive India Ltd. For Target Rs.3,250 By Motilal Oswal Financial Services Ltd
Neutral Colgate-Palmolive India Ltd. For Target Rs.3,250 By Motilal Oswal Financial Services Ltd
Source: Motilal Oswal Financial Services
2024-11-28 01:00:16 pm
BEML moves up on securing order worth Rs 2501 crore BEML is currently trading at Rs. 4270.00, up by 82.10 points or 1.96% from its previous closing of Rs. 4187.90 on the BSE. The scrip opened at Rs. 4201.00 and has touched a high and low of Rs. 4338.95 and Rs. 4185.80 respectively. So far 19033 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 5489.15 on 05-Jul-2024 and a 52 week low of Rs. 2385.00 on 05-Dec-2023. Last one week high and low of the scrip stood at R...
BEML moves up on securing order worth Rs 2501 crore
BEML moves up on securing order worth Rs 2501 crore
Source: Accord Fintech
2024-11-28 10:47:32 am
Exide Industries jumps on investing Rs 100 crore in Exide Energy Solutions Exide Industries is currently trading at Rs. 435.40, up by 9.65 points or 2.27% from its previous closing of Rs. 425.75 on the BSE. The scrip opened at Rs. 426.55 and has touched a high and low of Rs. 440.65 and Rs. 426.00 respectively. So far 107474 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 620.00 on 25-Jun-2024 and a 52 week low of Rs. 278.40 on 20-Dec-2023. Last one week high and low of the scrip stood ...
Exide Industries jumps on investing Rs 100 crore in Exide Energy Solutions
Exide Industries jumps on investing Rs 100 crore in Exide Energy Solutions
Source: Accord Fintech
2024-11-27 12:52:07 pm
Faalcon Concepts touches roof on bagging work order worth Rs 6.96 crore Faalcon Concepts is currently trading at upper limit of Rs. 65.62, up by 3.12 points or 4.99% from its previous closing of Rs. 62.50 on the BSE. The scrip opened at Rs. 65.31 and has touched a high and low of Rs. 65.62 and Rs. 65.23 respectively. So far 18000 shares were traded on the counter. The BSE group 'MT' stock of face value Rs. 10 has touched a 52 week high of Rs. 95.00 on 26-Apr-2024 and a 52 week low of Rs. 48.80 on 05-Jun-2024. Last one week high and low of the scr...
Faalcon Concepts touches roof on bagging work order worth Rs 6.96 crore
Faalcon Concepts touches roof on bagging work order worth Rs 6.96 crore
Source: Accord Fintech
2024-11-27 12:44:31 pm
CG Power rises as its arm secures KAVACH order from Chittaranjan Locomotive Works CG Power and Industrial Solutions is currently trading at Rs. 747.60, up by 12.90 points or 1.76% from its previous closing of Rs. 734.70 on the BSE. The scrip opened at Rs. 743.45 and has touched a high and low of Rs. 755.15 and Rs. 738.25 respectively. So far 24097 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 874.50 on 11-Oct-2024 and a 52 week low of Rs. 410.40 on 28-Nov-2023. Last one week high and low of...
CG Power rises as its arm secures KAVACH order from Chittaranjan Locomotive Works
CG Power rises as its arm secures KAVACH order from Chittaranjan Locomotive Works
Source: Accord Fintech
2024-11-27 10:45:38 am
India needs large-scale worker housing infra to truly unleash manufacturing To truly unleash Indian manufacturing, the country must think of building dense, large-scale worker housing as infrastructure, that can reap coordination and externality benefits for several stakeholders and ensure great public returns, according to a report on Tuesday.  New-Delhi-based Foundation for Economic Development underscored the need for worker accommodation as a critical unlock for enabling large-scale, employment-intensive manufacturing. “Our biggest imperative as ...
India needs large-scale worker housing infra to truly unleash manufacturing
India needs large-scale worker housing infra to truly unleash manufacturing
Source: IANS
2024-11-26 05:22:10 pm
Sealmatic India shines on inaugurating new manufacturing facility at Kaman-Vasai Sealmatic India is currently trading at Rs. 559.00, up by 12.70 points or 2.32% from its previous closing of Rs. 546.30 on the BSE. The scrip opened at Rs. 546.00 and has touched a high and low of Rs. 563.00 and Rs. 545.00 respectively. So far 9900 shares were traded on the counter. The BSE group 'M' stock of face value Rs. 10 has touched a 52 week high of Rs. 869.00 on 16-Feb-2024 and a 52 week low of Rs. 481.00 on 30-Nov-2023. Last one week high and low of the scrip stood a...
Sealmatic India shines on inaugurating new manufacturing facility at Kaman-Vasai
Sealmatic India shines on inaugurating new manufacturing facility at Kaman-Vasai
Source: Accord Fintech
2024-11-26 03:33:04 pm
Interarch Building Products jumps on commencing construction of phase 2 at Andhra Pradesh plant Interarch Building Products is currently trading at Rs. 1467.10, up by 33.10 points or 2.31% from its previous closing of Rs. 1434.00 on the BSE. The scrip opened at Rs. 1440.70 and has touched a high and low of Rs. 1495.00 and Rs. 1440.00 respectively. So far 9504 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 1810.00 on 01-Nov-2024 and a 52 week low of Rs. 1110.65 on 04-Sep-2024. Last one week high and low o...
Interarch Building Products jumps on commencing construction of phase 2 at Andhra Pradesh plant
Interarch Building Products jumps on commencing construction of phase 2 at Andhra Pradesh plant
Source: Accord Fintech
2024-11-26 03:05:32 pm
Manufacturing sector driving up warehouse property deals in India`s top cities  The manufacturing sector is driving up warehouse transactions across eight key Indian markets which has shot up by 20 per cent to 14.65 million square feet (mn sq ft) in Q3 2024 (July - September) compared to the same period last year. Notably, 41 per cent of these transactions involved Grade A spaces, according to a Knight Frank India report released on Tuesday.  The manufacturing sector outperformed the third-party logistics (3PL) sector in leasing volume. This is a significan...
Manufacturing sector driving up warehouse property deals in India`s top cities
Manufacturing sector driving up warehouse property deals in India`s top cities
Source: IANS
2024-11-26 02:17:53 pm
Bharat Global Developers hits upper circuit on securing order worth Rs 156 crore from UPL Agro Bharat Global Developers is currently trading at upper limit of Rs. 1544.70, up by 73.55 points or 5.00% from its previous closing of Rs. 1471.15 on the BSE. The scrip opened at Rs. 1544.05 and has touched a high and low of Rs. 1544.70 and Rs. 1544.05 respectively. So far 96046 shares were traded on the counter. The BSE group 'XT' stock of face value Rs. 10 has touched a 52 week high of Rs. 1544.70 on 26-Nov-2024 and a 52 week low of Rs. 28.88 on 28-Nov-2023. Last one week hi...
Bharat Global Developers hits upper circuit on securing order worth Rs 156 crore from UPL Agro
Bharat Global Developers hits upper circuit on securing order worth Rs 156 crore from UPL Agro
Source: Accord Fintech
2024-11-26 12:05:22 pm
Stove kraft soars on commissioning cast iron foundry at Harohalli factory Stove Kraft is currently trading at Rs. 780.90, up by 20.40 points or 2.68% from its previous closing of Rs. 760.50 on the BSE. The scrip opened at Rs. 772.20 and has touched a high and low of Rs. 784.65 and Rs. 758.70 respectively. So far 1909 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 966.75 on 20-Sep-2024 and a 52 week low of Rs. 410.10 on 27-Mar-2024. Last one week high and low of the scrip stood at Rs...
Stove kraft soars on commissioning cast iron foundry at Harohalli factory
Stove kraft soars on commissioning cast iron foundry at Harohalli factory
Source: Accord Fintech
2024-11-26 10:24:00 am
Time Technoplast climbs on getting nod to manufacture high-pressure cylinders Time Technoplast is currently trading at Rs. 410.50, up by 19.20 points or 4.91% from its previous closing of Rs. 391.30 on the BSE. The scrip opened at Rs. 409.05 and has touched a high and low of Rs. 412.25 and Rs. 398.25 respectively. So far 45659 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 473.70 on 17-Oct-2024 and a 52 week low of Rs. 161.90 on 24-Jan-2024. Last one week high and low of the scrip stood ...
Time Technoplast climbs on getting nod to manufacture high-pressure cylinders
Time Technoplast climbs on getting nod to manufacture high-pressure cylinders
Source: Accord Fintech
2024-11-25 01:40:36 pm
India may roll out scheme worth billions of dollars to boost local electronics production Buoyed by robust local manufacturing of electronics products, especially mobile phones, the government is reportedly planning to soon roll out incentives worth billions of dollars for domestic companies to manufacture deeper components.  The upcoming scheme is likely to provide incentives for manufacturing critical components such as printed circuit boards (PCBs) for devices such as laptops and foster deeper local supply chains, according to reports, citing government sources. The ...
India may roll out scheme worth billions of dollars to boost local electronics production
India may roll out scheme worth billions of dollars to boost local electronics production
Source: IANS
2024-11-23 10:39:12 am
Buy Astral Ltd For Target Rs. 2,135 by Yes Securities Ltd Result Synopsis Astral ltd (ASTRA) reported a muted performance in Q2FY25. Pipe volumes declined marginally by 2.5%YoY (2-year volume CAGR stood at 12%) at 50,754Te (13% below our est). Volume growth was dented due to dealers resorting to de-stocking with constant fall in PVC resin prices and extended monsoons. The silver lining was that despite lower volumes, ASTRA improved their EBITDA/Kg to ~Rs35.5 from Rs33/Kg in the previous quarter which was impacted owing to Jaipur launch event and ...
Buy Astral Ltd For Target Rs. 2,135 by Yes Securities Ltd
Buy Astral Ltd For Target Rs. 2,135 by Yes Securities Ltd
Source: Yes Securities Ltd
2024-11-20 05:26:02 pm
PG Electroplast zooms on signing definitive agreement with Spiro Mobility PG Electroplast is currently trading at Rs. 685.85, up by 61.20 points or 9.80% from its previous closing of Rs. 624.65 on the BSE. The scrip opened at Rs. 652.95 and has touched a high and low of Rs. 718.35 and Rs. 652.75 respectively. So far 163450 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 718.35 on 19-Nov-2024 and a 52 week low of Rs. 146.02 on 14-Mar-2024. Last one week high and low of the scrip stood ...
PG Electroplast zooms on signing definitive agreement with Spiro Mobility
PG Electroplast zooms on signing definitive agreement with Spiro Mobility
Source: Accord Fintech
2024-11-19 12:46:51 pm
Reduce Uno Minda Ltd For Target Rs.950 By Emkay Global Financial Services Uno Minda posted healthy Q2 results with outperformance vs MSIL accelerating further and logging a ~6% beat on consolidated EBITDA (margin up by 68bps QoQ to 11.4%). Uno expects healthy industry growth in the medium term, with sustained outperformance and retained margin guidance (toward the upper range of 10.5-11.5%). We expect further support for content per vehicle from order wins/execution and market share gains, though margin improvement is likely to be gradual amid ongoing capex. Our es...
Reduce Uno Minda Ltd For Target Rs.950 By Emkay Global Financial Services
Reduce Uno Minda Ltd For Target Rs.950 By Emkay Global Financial Services
Source: Emkay Global Financial Services
2024-11-19 12:43:07 pm