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KEC International raises ₹870 crore via QIP; Shares down1%

KEC International Share Price | In a filing to the stock exchange on September 26, the company said that it issued a total of 91,11,630 equity shares with a face value of ₹2 each to raise a total of ₹ 870.16 crore via the QIP.

KEC

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Neuland Laboratories shares gain on USFDA nod for BMS Schizophrenia Drug

Neuland Laboratories Share Price | Analysts believe that the stock's sharp upward movement reflects investor optimism about Neuland's potential role in the production of this promising new therapy.

NEULANDLAB

PNB shares gain 1.58% as Sensex rises

A total of 949,955 shares changed hands on the counter till 10:56AM (IST)

PNB

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Hold MphasiS, target price Rs 2,920: Prabhudas Lilladher

Prabhudas Lilladher has hold call on MphasiS with a target price of Rs 2,920. The current market price of MphasiS is Rs 3,083.35.

MPHASIS

Crompton Greaves shares up 1.59% as Nifty gains

The stock quoted a 52-week high price of Rs 483.65 and low of Rs 262.1.

CROMPTON

Vedanta shares surge 3% to hit 52-week high. Here's why

The company has set October 16 as the record date for the interim dividend. The Anil Agarwal-led company had previously announced interim dividends of Rs 20, Rs 4, and Rs 11.

LTIMindtree rises 0.77% as Sensex climbs

The stock traded at a P/E multiple of 40.53, while the price-to-book value ratio stood at 7.3.

LTIM

Hold Infosys, target price Rs 1,680: Prabhudas Lilladher

Prabhudas Lilladher has hold call on Infosys with a target price of Rs 1,680. The current market price of Infosys is Rs 1,932.95.

INFY

Buy HCL Technologies, target price Rs 1,790: Prabhudas Lilladher

Prabhudas Lilladher has buy call on HCL Technologies with a target price of Rs 1,790. The current market price of HCL Technologies is Rs 1,806.

HCLTECH

Suzlon Energy shares get a downgrade from Morgan Stanley after stock doubles in six months

Suzlon's outperformance was driven by the strong increase in order book and its improved balance sheet along with cash flows from operations. Suzlon's order book is now at an all-time high, near the mark of 5 GW.

SUZLON

Shares of Ambuja Cements rise as Nifty gains

On the technical charts, the 200-day moving average of the stock stood at Rs 608.04.

AMBUJACEM

Coforge, Dalmia Bharat among 5 stocks with long buildup

A long buildup indicates bullish trends.On Friday, five stocks registered fresh long positions in the Futures and Options segment.

DALBHARAT

COFORGE

Marico shares up 1.62% as Nifty gains

The stock quoted a 52-week high price of Rs 713.6 and low of Rs 486.75.

MARICO

Shares of Info Edge rise as Nifty gains

On the technical charts, the 200-day moving average of the stock stood at Rs 6116.17.

NAUKRI

Trent, BEL among 10 stocks to to receive significant inflows

Nifty 50's September rejig on September 30 will add Trent and BEL, increasing passive fund inflow into top stocks, as reported by Nuvama.

BEL

TRENT

NUVAMA

Vedanta shares up 2.55% as Nifty gains

The stock quoted a 52-week high price of Rs 515.85 and low of Rs 207.85.

Bharat Forge, LTTS and 5 more stocks earned upgrades in last 1 month. Check revised target prices

Several brokerages have upgraded the target prices of various stocks over the past month.

LTTS

BHARATFORG

SAIL, NMDC among 5 midcap stocks that crossed VWAP on September 26

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NMDC

SAIL

UBS advises 'selling' a bunch of pharma stocks

UBS has initiated coverage on Zydus Lifesciences Ltd. and Dr Reddy's Laboratories Ltd. with a 'Sell' recommendation, setting price targets of ₹850 and ₹5,700 per share, respectively, citing that the market is overestimating their core margins.

DRREDDY

ZYDUSLIFE

Marketbuzz Podcast with Kanishka Sarkar: Market likely to start in green, IT stocks in focus

Marketbuzz Podcast: The Indian market is likely to start in green tracking global cues with a focus on IT stocks. Tune in to the podcast for more cues

FOCUS

HDFC Bank Stocks Live Updates: HDFC Bank Shows Positive Momentum with 2.43% Weekly Return

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HDFCBANK

Reliance Industries Stocks Live Updates: Reliance Industries Closes at Rs 2995.90, Signals Steady Trend with 0.81% Weekly Return

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RELIANCE

Stocks that will see action today: September 27, 2024

Buzzing stocks: Nuvama, Infosys, Prataap Snacks, LTIMindtree, Divis Lab, Trent, BEL, NTPC, Biocon, InterGlobe, RITES, Indian Bank, Piramal Enterprises, RailTel, Union Bank

Stock Market Highlights: Indices 50 fail to hold intraday record levels, Nifty 50 gives up 26,200

Sensex Today | Stock Market Highlights: Indian benchmark indices Nifty 50 and Sensex ended off intraday highs on Friday. Sensex fell 264 points to 85,572, on the other hand, Nifty Bank fell 541 points to 53,834.

INDIANB

Stock to buy today: Hindalco Industries (₹734.50): BUY

Hindalco Industries share price can rise to ₹800

HINDALCO

Prataap Snacks Acquisition: Authum Investment, Mahi Kela to acquire controlling stake

Prataap Snacks will continue to remain a listed entity post the Open Offer and the acquirers do not intend to de-list the stock, the exchange filing stated.

DIAMONDYD

Nuvama Wealth, Indian Bank, Piramal Enterprises, RailTel, NTPC and more: Top stocks to watch out for on September 27

stocks to watch, Nuvama Wealth Management, Indian Bank, Piramal Enterprises, RailTel, NTPC, Adani Green Energy, Infosys,Biocon, Jubilant Pharmova and more, these are the stocks to watch for today.

RITES consortium emerges lowest bidder in a Delhi Metro Project worth ₹87.58 crore

The state-owned undertaking recently announced a 1:1 bonus share allotment and a final dividend of ₹5 per share for eligible shareholders. The PSU's stock price has gained over 45% so far this year.

RITES

SJVN to develop pumped storage, floating solar projects in Maharashtra

State-owned SJVN has signed two agreements with the Maharashtra government to develop pumped storage and floating solar projects worth Rs 48,000 crore. The projects include five pumped storage facilities totaling 8100 MW and a 505 MW floating solar project at lower Wardha Dam. These initiatives are expected to create around 8,400 jobs.

SJVN

Infosys shareholders have earned ₹641 as dividends since 2000: A look at its bonus and buyback history

Since it first began paying dividends in 2000, Infosys has paid ₹641.25 in dividends to shareholders, carried out a share buyback and also issued bonus shares thrice.

INFY

Asus aiming for govt laptop, PC deals from 2025

Asus, a Taiwanese IT hardware maker, plans to enter the Indian government contract market for laptops and PCs by 2025. The company aims to meet local value addition criteria and has partnered with Dixon Technologies for local manufacturing. Asus is also exploring sourcing components locally to reduce production costs.

DIXON

What Ramesh Damani said on Nifty hitting 5 lakh in the next 10-15 years

In an exclusive interview with CNBC-Awaaz, the ace investor said that the Indian stock market continues to set new records. He sees momentum in Indian stock market shifting from mid- and small-caps towards large-cap shares.

ACE

Mitsubishi Pencil JV boosts Linc shares by 6%: details for investors

The joint venture taps into Mitsubishi's global writing instruments expertise and an annual turnover exceeding $500 million

LINC

ICRA forecasts decline in India’s cut & polished diamond exports to decade-low levels

ICRA forecasts India's cut and polished diamond exports to hit a decade-low of $12.5-13 billion in FY2025, marking an 18-19% year-on-year decline. The downturn is driven by weak global demand, increased competition from lab-grown diamonds, and high inventory levels. The sector outlook remains negative.

ICRA

Anant Mukesh Ambani, BP CEO open Jio-bp's 500th EV-charging station

Anant Mukesh Ambani, Director, Reliance Industries Limited (RIL) and Murray Auchincloss, CEO, bp, on Thursday inaugurated the 500th Jio-bp pulse EV-charging station of Jio-bp. Jio-bp is a fuels and mobility joint venture between RIL and global energy giant BP. "The commissioning of the EV-charging station enables access for guests at the Nita Mukesh Ambani Cultural Centre, Jio World Plaza and Jio World Convention Centre in Bandra Kurla Complex (BKC), Mumbai, marking the installation of the 500th Jio-bp pulse charging point in India," a company statement said. Jio-bp has expanded its network of EV-charging stations at a rapid pace, growing from 1,300 to 5,000 in just a year. With 95 per cent of its EV-charging network comprising fast charging stations -- the highest in the industry -- the company is poised to deliver high speed electrons with unmatched industry-leading uptime of 96 per cent, establishing itself as the country's most reliable charging network, it said. Jio-bp is als

RELIANCE

RELIABLE

Vedanta edges higher on fourth interim dividend proposal

Vedanta advanced 3.42% to Rs 496 after the company said that its board will meet on 8 October 2024 to consider a proposal for fourth interim dividend on equity shares for the financial year 2024-25.

This global strategist isn’t worried about India’s IPO rush

Matt Orton, the US Market Strategist and Chief Market Strategist at Raymond James Investment Orton believes that the active IPO scene reflects India's strong regulatory environment, innovation, and the growing appetite for public companies.

RAYMOND

Hyundai India deserves valuation premium to Maruti, says Nomura note

Korean automaker's Indian unit expanding market share and benefits from being part of larger Hyundai Motor Company, it says

MARUTI

ITC share price hits record high, market cap crosses ₹6.5 lakh crore for the first time. Should you buy?

ITC stock has risen 22% in three months and 12% YTD. Analysts see continued strength in the stock above ₹500, with the potential to touch highs of ₹530-538.

ITC

Residential sales dip across top cities during July-September quarter

Residential sales in top Indian cities stabilized in Q3 2024, with an 11% decline from the previous year. Sales outpaced new supply, indicating market health. MMR and Pune led sales, accounting for 52% of total units sold. Average residential prices rose by 23%, with Hyderabad seeing the highest increase.

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Indian markets open higher on global cues, Nifty touches new record

Domestic markets lifted by positive global cues and optimism about China’s stimulus measures

Companies News Today Live Updates on September 26, 2024: Zetwerk secures solar PV module manufacturing order worth about ₹2,500 crore from NTPC

Companies News Today Live Updates on September 26, 2024: Get the latest updates on the company's financial performance, strategic acquisitions, and market shifts. Explore detailed insights on mergers, acquisitions, financial results, and leadership changes that are shaping the business landscape across industries.

NTPC

Stock Market Live Updates September 26, 2024: Stock to buy today: CESC (₹206): BUY

Sensex, Nifty, Share Prices LIVE:

CESC

Stock to buy today: CESC (₹206): BUY

CESC share price can rise to ₹225

CESC

ED to widen probe into Esops to Rashmi Saluja, Religare officials

The Enforcement Directorate is investigating employee stock options issued to Religare executive chairperson Rashmi Saluja and other officials for potential illegality. The probe focuses on Esops acquired at lower prices, allegedly resulting in unlawful gains. Saluja denies the charges, asserting compliance with company policies.

RELIGARE

Promoter Nishant Pitti sells 14% stake in EaseMyTrip for Rs 920 cr

Nishant Pitti, one of the promoter of Easy Trip Planners, on Wednesday divested a 14 per cent stake in the company for Rs 920 crore through open market transactions. According to the bulk deal data available on the NSE, Nishant Pitti sold 24,65,49,833 shares, amounting to a 14 per cent stake in Easy Trip Planners. The shares were offloaded in the price range of Rs 37.22-38.28 apiece, taking the combined transaction value to Rs 920.06 crore. After the stake sale, Nishant Pitti's holding in Easy Trip Planners has come down to 14.22 per cent from 28.13 per cent. Also, the combined shareholding of the promoters' has declined to 50.39 per cent from 64.30 per cent. Meanwhile, Core4 Marcom picked up 5 crore shares of Easy Trip Planners and Craft Emerging Market Fund PCC -- Elite Capital Fund acquired 1.05 crore shares of the company, the data showed on the National Stock Exchange (NSE). The shares were purchased in the price range of Rs 34.25-37.95 apiece, taking the aggregate deal value

EASEMYTRIP

Dividend stock: Vedanta board to consider fourth interim dividend for FY25 on October 8

Vedanta Ltd's Board will meet on October 8, 2024, to consider the fourth interim dividend for FY25. The record date for this dividend is October 16, 2024.