Scan to Download
Bags significant order for Perdaman Chemicals and Fertilisers’ urea plant in Australia.
Company to build and supply piperack modules for a 2.3 MMTPA urea plant.
Company to deliver 50,000 MT of modules over 32 months.
Source: Exchange filing
To automate Reliance Life Sciences' Nashik biopharma facilities.
Source: Exchange filing
The broader market indices outperformed larger peers; the S&P BSE MidCap Index was up 0.69%, whereas S&P BSE SmallCap Index was 0.53% higher.
All the 19 sectors compiled by BSE advanced. S&P BSE Utilities and S&P BSE Power gained the most.
The market breadth was skewed in the favour of the buyers. About 2,050 stocks rose, 1,494 declined, while 198 remained unchanged on the BSE.
Shares of Bharat Forge rose 0.91% to Rs 979.55 apiece as of 11: a.37m., compared to a 0.29% rise in the benchmark Nifty 50.
The total traded volume so far in the day stood at 2.5 times its 30-day average. The relative strength index is at 70.37, implying that the stock is neither overbought nor oversold.
Of the 30 analysts tracking the company, 21 maintain a 'buy', two recommend a 'hold', and seven suggest a 'sell', according to Bloomberg data. The average 12-month consensus price target implies an upside of 1.5%.
Unit Kalyani Strategic Systems gets two export orders aggregating to Rs 850 crore.
Order for supply of components and armoured vehicle chassis to be executed over a 18 months.
Source: Exchange Filing
Gets an order worth Rs 4,000 cr from Mahan Energen.
Order for equipment supply and supervision of erection & commissioning for 2x800 MW power project.
Note: Mahan Energen is a wholly owned subsidiary of Adani Power.
Source: Exchange filing
Shares of Jio Financial Services Ltd. opened at a muted price at listing on the Indian exchanges on Monday.
The shares were listed at Rs 262 apiece on the National Stock Exchange over the derived price of Rs 261.85. On the BSE, the stock listed at Rs 265 over the derived price of Rs 251.
Shares of the company hit lower circuit of 5% intra-day and was trading at Rs 248.90 on NSE and Rs 251.75 on BSE during the first hour of trading.
Last year, the board approved a scheme of arrangement among Reliance Industries Ltd., Reliance Strategic Investments Ltd. and their respective shareholders and creditors to demerge its financial services undertaking into Reliance Strategic Investments.
The special pre-open session for the demerger of RIL resulted in Jio Financial Services being ascribed a value of Rs 261.85 per share.
Jio Financial Services lists at Rs 262 apiece on NSE vs derived price of Rs 261.85.
Jio Financial Services lists at Rs 265 apiece on BSE vs derived price of Rs 261.85.
Source: Exchanges
Shares of PNB Housing Finance Ltd. rose 4.97% to 666.95 apiece as of 9:34 a.m., as compared to 0.27% advance in the NSE Nifty 50. The stock gained as much as 8.29% intra-day at Rs 688 apiece, the highest level since July 25, 2023. It has risen nearly 51.3% year-to-date.
Total traded volume stood at 23.4 times its 30-day average. The relative strength index was at 61.
Out of the 10 analysts tracking the company, seven maintain a 'buy' rating, one recommends a 'hold' and two suggest to 'sell' the stock, as per the Bloomberg data.
The average calculated from the 12-month price target given by analysts implies a potential upside of 10.6%.
Source: Bloomberg, Exchange filing
The broader market indices opened higher; the S&P BSE MidCap Index was up 0.43%, whereas S&P BSE SmallCap Index was 0.58% higher.
All the 19 sectors compiled by BSE advanced. S&P BSE Utilities and S&P BSE Power gained the most.
The market breadth was skewed in the favour of the buyers. About 1,864 stocks rose, 759 declined, while 144 remained unchanged on the BSE.
Source: BSE
At pre-open, the S&P BSE Sensex was down 99 points, or 0.15%, at 64,852.70, while the NSE Nifty 50 was 11 points, or 0.05%, higher at 19,320.65.
Source: Bloomberg
The yield on the 10-year opened flat at 7.23% on Monday.
Source: Bloomberg
The local currency strengthened 5 paise to open at 83.06 against the U.S dollar on Monday.
It closed at 83.11 against the U.S. dollar on Friday.
Source: Bloomberg
Lenders invoked pledge on co's 37.5% stake in Joyous Housing.
Company was not in operational control of Joyous Housing.
Joyous Housing had some delays in servicing of loan due to various reasons.
Confident that existing investments or loans that DLF has in Joyous are fully recoverable.
Source: Exchange filing
Company's IT infrastructure targeted by ransomware attack, few systems affected.
Company taking steps to restore affected systems.
Source: Exchange filing
Subsidiary I-Fox Windtechnik gets LoA from NLC India with an estimated value of Rs 40 crore.
Company to operate and maintain NLC's 51 MW wind turbine generator in Tamil Nadu for five years.
Source: Exchange filing
Asia Stocks Fluctuate as China Adjusts Loan Rate: Markets Wrap
Charting the Global Economy: China Reduces Key Interest Rate
Delhi Scientists Genome-Edit Mustard Plant To Yield Bland Oil With Insect-Repelling Compounds
Samsonite India's Sales Growth Aided By Higher Frequency Of Trips, Says CEO
Russia’s Luna-25 Spacecraft Destroyed As It Crashes Into Moon
Jio Financial Services Listing: Here's All You Need To Know
Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.
