Sterlite Technologies surges 5% on QIP launch, sets Rs 613.69 floor price

Sterlite Technologies’ stock climbed nearly 5% to Rs 613.35 as it officially launched its Qualified Institutions Placement (QIP) to bolster its capital. The company’s board and shareholders approved the fundraising, with the Authorization and Allotment Committee setting a floor price of Rs 613.69 per share. This move, coupled with positive technical indicators, has boosted investor […]

Tata Chemicals shares rise 4% on hopes of Tata Sons listing after RBI’s new norms

Tata Sons faces renewed scrutiny after RBI tightened rules for upper-layer NBFCs, reinforcing pressure for mandatory listings above Rs 1 lakh crore in assets. While the conglomerate exceeds the threshold, its de-registration request remains pending. The listing debate has also exposed divisions within Tata Trusts, with leadership opposing a listing while some trustees publicly support […]

Forget power: The unquenchable AI thirst propelling water stocks up to 45%

India’s water sector is experiencing a surge, with stocks like Shakti Pumps and VA Tech Wabag jumping up to 45% in a month. This rally is fueled by increased government funding for water infrastructure and the growing demand from data centers for cooling. Experts predict wastewater treatment and recycling will be key growth areas, though […]

Positive Breakout: These 9 stocks cross above their 200 DMAs

In the Nifty500 pack, nine stocks’ closing prices crossed above their 200 DMA (Daily Moving Averages) on June 24, 2026, according to stockedge.com’s technical scan data. The 200-day daily moving average (DMA) is a key indicator traders use to determine the overall trend in a particular stock. As long as the stock is priced above […]