Dixon Technologies shares up 3% on signing MoU with Cellecor for refrigerator manufacturing
Shares of Dixon Technologies were in focus on Friday after the company’s wholly-owned subsidiary, Dixon Electro Manufacturing, signed an MOU with Cellecor Gadgets for the manufacturing of refrigerators and other related components.
Gensol Engineering shares rally 9% on securing EPC contract from NTPC Renewable Energy
Gensol Engineering is a leading player in the renewable energy sector specialising in solar power engineering, procurement, and construction (EPC) services, along with electric mobility solutions.
Choice International shares jump 5% on SEBI approval for mutual fund biz
Choice International shares are likely to be in focus on Friday after the company announced that it has received in-principle approval from the Securities and Exchange Board of India (SEBI) to set up a mutual fund.
IndusInd Bank shares up 2% after lender puts Rs 1,573 crore in MFI loans for sale
IndusInd Bank share price: The lender is selling Rs 1,573 crore worth of unsecured microfinance loans due to asset quality pressures. The lender has set a reserve price of Rs 85 crore and seeks bids on a 100% cash basis, offering a minimum recovery rate of 5.04%. These loans, involving over 10.61 lakh borrowers, have […]
ETMarkets PMS Talk | Budget 2025 Wishlist: Reduce STT or LTCG taxes to boost retail investor participation
The months of October and November posed significant challenges for Indian stock markets and our fund due to increased volatility and selling pressures. Despite these hurdles, 2024 emerged as a positive year for the market overall.
Oil prices set for weekly gain on China stimulus optimism
Brent crude futures fell 1 cent to $73.25 a barrel by 0145 GMT. U.S. West Texas Intermediate crude was at $69.60, down 2 cents, from Thursday’s close. However, on a weekly basis, Brent was up 0.4% while WTI rose 0.2%.
Positive Breakout: These 5 stocks cross above their 200 DMAs
In the Nifty500 pack, five stocks’ close prices crossed above their 200 DMA (Daily Moving Averages) on December 26, according to stockedge.com’s technical scan data. The 200-day DMA is used as a key indicator by traders for determining the overall trend in a particular stock. As long as the stock is priced above the 200-day […]
Mamata Machinery shares to list today. GMP hints at multibagger gains
Mamata Machinery’s shares debut with a strong grey market premium of Rs 260, indicating potential multibagger gains. Despite market volatility, the IPO saw a massive 194 times subscription. Analysts suggest booking profits for conservative investors post-listing, while long-term holders should stay invested. Mamata’s automation solutions and global reach bolster its growth prospects.
Stocks to buy: BPCL, Raymond Lifestyles and Ola Electric on investors’ radar
Benchmark indices ended flat amid a lack of near-term triggers. BPCL is advised to be avoided due to a lack of recovery signs. Raymond remains bearish with no signs of reversal. Ola Electric shows potential for further positive momentum with a target price of 106.
Sanathan Textiles shares to list today. Here’s what GMP indicates
Sanathan Textiles shares are set to debut on the exchanges with an expected 27% premium over the issue price, driven by high investor demand. The IPO, subscribed nearly 40 times, indicates potential gains for investors. Analysts suggest holding long-term despite short-term volatility.