Vijay Kedia buys Rs 33 crore stake in Zaggle Prepaid Ocean Services via bulk deal, stock skyrockets 17%
Zaggle Prepaid Ocean Services shares surged after Kedia Securities, owned by investor Vijay Kedia, acquired 20 lakh shares, or a 1.48% stake, through a bulk deal at Rs 164.72 apiece. The purchase came a day after the stock fell 20% following weak Q1 FY27 earnings.
Milky Mist shares hit another 10% upper circuit, rallying 43% from IPO price. Should you buy, sell or hold?
Milky Mist shares hit another 10% upper circuit on Wednesday, taking their gains to 42.5% from the IPO price of Rs 140. Analysts remain positive on the company’s strong foothold in value-added dairy products, improving margins and growth prospects, but caution that valuations are elevated. Existing investors have been advised to hold and accumulate on […]
RailTel Corporation shares rally 5% after bagging Rs 166.8 crore EPFO order
RailTel shares gained nearly 5% after the company received a Rs 166.80 crore work order from EPFO for a one-year extension of its Infrastructure-as-a-Service engagement. While the order strengthens revenue and order-book visibility, technical indicators remain weak, with the stock trading below all 8 monitored SMAs and its RSI at 32.5. FII holding also rose […]
IGL, MGL, Adani Total Gas shares rally up to 6% as govt boosts domestic PNG push
City gas distributor stocks rallied after the government approved an incentive scheme to accelerate domestic PNG connections from September 1. Mahanagar Gas, IGL, Adani Total Gas rose as the scheme aims to expand active piped gas connections and promote cleaner, safer and affordable cooking fuel.
HG Infra Engineering shares jump over 8% after receiving LoI from REC
HG Infra Engineering shares rose after the company received a letter of intent from REC Power Development and Consultancy for constructing two 220/132/33 kV AIS substations and associated transmission lines in Uttar Pradesh.
Symbiotec Pharmalab sets price band for Rs 1,757 crore IPO, to open on August 24
Symbiotec Pharmalab will launch its ₹1,757-crore IPO from August 24–27, 2026, with a price band of ₹938–988 per share. The minimum bid is 15 shares, requiring an investment of ₹14,820 at the upper price band. The IPO is expected to list on BSE and NSE on September 1, with allotment likely on August 28. At […]
Gaja Alternative Asset Management IPO opens today: GMP at 19% — Should You Subscribe?
The three-day IPO will remain open until August 21, 2026, with the company offering shares in a price band of Rs 152–160 apiece.
Gold inches higher, focus on Fed minutes
Gold prices edged up slightly during the early Asian trading session, buoyed by a retreat in U.S. Treasury yields from their recent highs. Market players are now looking ahead to the Federal Reserve’s meeting minutes for guidance on upcoming policies. Other precious metals displayed mixed trends in the market as key economic data is set […]
Negative Breakout: These 13 stocks cross below their 200 DMAs
In the Nifty500 pack, 13 stocks’ close prices crossed below their 200 DMA (Daily Moving Averages) on August 18, according to stockedge.com’s technical scan data. Trading below the 200 DMA is considered a negative signal because it indicates that the stock’s price is below its long-term trend line. The 200 DMA is used as a […]
Retail trading in high-yield corporate bonds gains momentum
Online platforms now offer retail investors access to corporate bonds. These securities provide mid-teen yields with low minimum investments. Retail investors are increasingly participating in the corporate bond market. This trend is driven by flat equity markets and regulatory changes. Online platforms and reduced face values ease investor access to debt.