GR Infraprojects shares jump nearly 6% after securing Rs 903.5 crore contract from Maharashtra Metro Rail Corp
GR Infraprojects’ shares surged 5.8% after winning a Rs 903.5 crore contract from Maharashtra Metro Rail Corporation for an elevated metro viaduct in Nagpur. The project, spanning 17.6 km, will be executed on an EPC basis, with a 30-month construction timeline, boosting the company’s market presence.
HDFC Bank, PNB among 9 largecap stocks where FIIs increased stake in Q2
Foreign institutional investors (FIIs) are typically major corporations that invest in countries outside their home base. Based on StockEdge data, here are nine large-cap stocks from the Nifty 200 index where FIIs increased their stake in Q2:
ETMarkets Smart Talk | Why India’s growth story remains intact despite global geopolitical concerns? Anil Rego explains
In fact, I believe that if this geopolitical tension hadn’t arisen, there would have been another reason for volatility. Even though the medium- to long-term outlook is very good, in the short term, there will be corrections when markets run up too much.
At multi-year highs: These 6 stocks witness 5-year swing high breakout
In the Nifty200 pack, we have collated a list of six stocks that witnessed a 5-year swing high at the close on October 09, suggesting bullishness in counters, according to stockedge.com’s technical scan data.A 5-year swing high represents the highest price a stock has reached within a five-year timeframe. This level acts as a significant […]
F&O Ban List: Tata Chemicals, SAIL among 11 stocks under trade ban on Thursday
Eleven stocks, including BirlaSoft, Bandhan Bank, and Tata Chemicals, fall under the F&O trade ban as their open interest exceeds 95% of MWPL. Exiting the ban requires open interest to drop below 80%, with various stocks showing slight decreases in OI from the previous session.
Stock to watch: TCS shares in focus ahead of Q2 results
Shares of Tata Consultancy Services will draw attention as it reports its second quarter earnings. Analysts predict a 1.2-2.6% sequential revenue growth and an 8-10% year-on-year net profit increase, driven partly by the BSNL deal ramp-up. Market capitalization remains over Rs 15 lakh crore.
Big movers on D-Street: What should investors do with Varun Beverages, Suzlon Energy and Torrent Power?
Domestic markets closed lower as stocks like Varun Beverages, Suzlon Energy, and Torrent Power gained attention with notable movements. Analysts suggest potential gains for these stocks given the key support and resistance levels, indicating positive recovery trends if buying momentum continues.
Berkshire Hathaway raises $1.9 billion in bond deal, term sheet shows
Warren Buffett’s Berkshire Hathaway raised 281.8 billion yen ($1.9 billion) by issuing seven-tranche yen-denominated bonds, with the largest 3-year tranche raising 155.4 billion yen. This marks the largest yen-denominated bond issuance for Berkshire since 2019. Proceeds will be used for general corporate purposes.
Q2 results today: TCS, Tata Elxsi among 12 companies will announce earnings
Today marks the start of the second quarter earnings season. TCS, Tata Elxsi, IREDA, and other companies will declare their results for the September quarter. Brokerage firms expect TCS to show up to 8% year-on-year revenue growth. Key points include the BSNL deal ramp-up and commentary on the FY25 demand environment.
Asian equities climb as US record high lifts mood
Shares in Japan, South Korea and Australia climbed while Hong Kong equity futures also rose. An index of US-listed Chinese companies fell in New York trading, following the biggest drop in more than four years for mainland China’s benchmark index on Wednesday.