Shares of Dredging Corporation of India rallied by 17% in today’s trade on the back of high volumes. The company experienced a spurt in volumes by more than 11.73 times.
The stock is currently trading at Rs432.20 up by Rs62.45 or 16.89% from its previous closing of Rs369.75 on the BSE. The scrip opened at Rs373.95 and has touched a high and low of Rs441 and Rs373.95 respectively.
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अमेरिका में चल रहे राजनीतिक और आर्थिक घटनाक्रम ने तमाम एशियाई बाजारों को हिला कर रख दिया है. कई वैश्विक बाजारों पर मंदड़िए हावी हैं. भारत भी इनके प्रभाव से अछूता नहीं है. क्रिसमस की छुट्टी के बाद बुधवार को प्रमुख सूचकांक बड़ी गिरावट के साथ खुले. बीते चार सत्रों में निफ्टी 50 इंडेक्स ने 4 फीसदी से अधिक का गोता लगाया है. विश्लेषकों का मानना है कि बाजार को इस दर्द से हाल-फिलहाल कोई राहत नही मिलती दिख रही.
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Shares of Bandhan Bank were trading higher for the fourth straight session, rising 4% to Rs 556 on the BSE, after the Kolkata-based private sector lender received prior approval from the Reserve Bank of India (RBI) to open new branches.
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Shares of Allahabad Bank rose 1.5% during afternoon session on the BSE.
Meanwhile, banking stocks were trading higher post the appointment of the new RBI Governor. Newly appointed Governor Shaktikanta Das has convened a meeting with MD and CEOs of public sector banks to discuss issues facing the banking sector
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Reliance Communications told the SC that its spectrum trading deal with Reliance Jio Infocomm will be in dire straits if the Department of Telecommunications does not accept a land parcel instead of bank guarantees as security for repayment of earlier dues and clear the spectrum trading deal
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Shares of Jet Airways declined 2% on the second consecutive day after a clarification from the company that the Tata-Jet deal is just speculative. The company has not made any disclosures regarding the same to the exchanges.
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In the past one year, though Nifty 50 has given a return of around 3 per cent, BSE Midcap and BSE Smallcap have plummeted 8 and 15 per cent, respectively. The positive returns of Nifty50 were largely driven by just 5 stocks i.e. Infosys, TCS, Reliance Industries, ICICI Bank and HDFC Bank. The carnage in mid and small cap stocks was caused mainly by mutual funds’ selling owing to new categorization of MF schemes, GSM/ASM circular of SEBI and change in equity taxation. In addition, liquidity crisis led by IL&FS default, was extended to other NBFCs, which were already reeling under increasing interest rate environment.
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IT services firm Wipro is slated to release its second-quarter results for FY19 (Q2FY19) on Wednesday. Over the last few days, Wipro's peers Tata Consultancy Services, Infosys and HCL Tech have reported good numbers for July-September period on the back of large deal wins, rupee depreciation and strong demand environment. However, the Abidali Neemuchwala-led company may report muted numbers owing to wage hikes, cross-currency headwind and divestment of hosted data services.
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Shares of Mphasis slipped 9% to Rs 970 per share on the BSE in early morning trade on Wednesday after the stock turned ex-date for the proposed buy-back.
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परसिस्टेंट सिस्टम्स के शेयरों में सोमवार को बड़ी गिरावट आई. कंपनी के शेयर हफ्ते के पहले दिन 18 फीसदी गिर गए. इसकी वजह यह खुलासा है कि कर्ज से दबी आईएलएंडएफएस में परसिस्टेंट का 43 करोड़ रुपये का निवेश है. मंगलवार को भी परसिस्टेंट के शेयरों पर दबाव देखने को मिला. गौरतलब है कि यह हिस्सेदारी बीती तिमाही में कंपनी की कुल नेट इनकम की आधी है. आईएलएंडएफएस का कुल कर्ज 91,000 करोड़ रुपये का है. डिफॉल्ट के बाद रेटिंग एजेंसियों ने इसकी रेटिंग को कबाड़ घोषित कर दिया है.
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Shares of Kansai Nerloac Paints have slipped 9% to Rs 378 per share, also their 52-week low on the BSE, after the company posted a 15.6% year on year (YoY) declined in its net profit at Rs 1.22 billion in September quarter (Q2FY19), due to higher operational cost. The company had a profit of Rs 1.45 billion in the same quarter last fiscal.
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Shares of cement companies are under pressure falling by up to 8% on the BSE in intra-day trade after ACC reported lower-than-expected operating performance for the quarter ended September 2018.
ACC, UltraTech Cement and Ambuja Cement were down 3% to 8%, while Dalmia Bharat and Shree Cement hit their respective 52-week lows on the BSE. The S&P BSE Sensex was trading 0.89% lower at 34,469 points at 10:19 am.
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Shares of Biocon hit a new high of Rs 718 per share, up 2% on Wednesday, extending their 6% rally on Tuesday on the BSE in an otherwise subdued market after the company said the inspection of its drug substance manufacturing site at Bengaluru campus by the US health regulator has concluded without any observations.
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Larsen and Toubro (L&T) has bagged orders worth Rs2,048cr across two business segments, the company said in a press release to the exchanges on Tuesday.
Under its power transmission and distribution business, the company has received orders worth Rs1,633cr. The major order is for a Main Plant Electrical Package of Units 3 and 4 of the Kudankulam Nuclear Power Project.
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Shares of public sector banks have rallied by up to 5% on the National Stock Exchange (NSE), after Canara Bank reported a net profit of Rs 2.81 billion in June quarter (Q1FY19) on the back of higher net interest income (NII). Analysts on average had expected the state-owned bank to post a loss during the quarter. Canara Bank had profit net profit of Rs 2.52 billion in year ago quarter and net loss of Rs 48.6 billion in previous quarter.
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Shares of Reliance Industries snapped a six-day losing streak and fell nearly 2% in the afternoon trade. The stock has achieved yet another feat by topping the Rs7 lakh cr Market cap (Mcap).
Reliance Industries Ltd is currently trading at Rs1,077.70 down by Rs19.05 or 1.74% from its previous closing of Rs1,096.75 on the BSE.
On Friday, June 13, the market valuation of the company surged past Rs7 lakh cr mark, making it the second company after TCS to achieve this milestone.
The scrip opened at Rs1,098.05 and has touched a high and low of Rs1,108.50 and Rs1,073 respectively. So far 58,08,950 (NSE+BSE) shares were traded on the counter.
The BSE group 'A' stock of face value Rs10 has touched a 52-week high of Rs1,107.25 on 13-Jul-2018 and a 52-week low of Rs748 on 12-Jul-2017. Last one week high and low of the scrip stood at Rs1,107.25 and Rs983.30 respectively.
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Share price of Kirloskar Pneumatic gained as company would consider stock split on July 24. The board will also consider sub-division of equity shares of the company of face value of Rs10 each, as per BSE filing. A meeting of the board of directors of the company is scheduled to be held on July 24, to consider the un-audited financial results for the quarter ended on June 30, 2018.
The stock is currently trading at Rs954.05 up by Rs30.95 or 3.35% from its previous closing of Rs923.10 on the BSE. The scrip opened at Rs926 and has touched a high and low of Rs999.80 and Rs926 respectively. The BSE group 'B' stock of face value Rs10 has touched a 52-week high of Rs1,190 on 04-Sep-2017 and a 52-week low of Rs724 on 26-Mar-2018. Last one week high and low of the scrip stood at Rs999.80 and Rs834.05 respectively.
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Tata Motors, NMDC, REC, Essel Propack, Kajaria Ceramics, GE Shipping, and Greenply were among 22 stocks from the BSE 500 index hitting their respective 52-week lows. Shares of Vedanta, Bharat Heavy Electricals (BHEL), Grasim Industries, Power Grid Corporation, Reliance Power, Tata Motors, NMDC and Rural Electrification Corporation (REC) were among 22 stocks from the S&P BSE 500 index that hit their respective 52-week low on the BSE in intra-day trade on Thursday.
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The company's promoter Shashi Kiran Shetty has bought 12.29 lakh shares, or 0.5% equity, at Rs110 each. Shares of Allcargo Logistics soared 3% on the BSE in noon trade on Wednesday. The company's promoter Shashi Kiran Shetty has bought 12.29 lakh shares, or 0.5% equity, at Rs110 each.
The stock is currently trading at Rs113.95, up Rs2.9, or 2.61%, from its previous close of Rs111.05 on the BSE. The scrip opened at Rs116.55 and has touched a high and low of Rs116.90 and Rs113.25, respectively.
Allcargo is a global company with presence in 160+ countries. It operates out of three business verticals i.e. Multimodal Transport Operations (MTO), Container Freight Stations (CFS), and Project & Engineering Solutions (P&E).
Its revenue breakup for Q4FY18 stood at 88% for MTO, 7% for CFS, and 5% for P&E. The MTO business involves LCL/FCL forwarding activities, while CFS provides storage/custom clearance services and P&E offers end-to-end logistics services.
Recently, Allcargo has undertaken a capex of ~Rs500cr to build a logistics park in Haryana.
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A total of 60.5 lakh shares in three entities, NSDL E-governance Infrastructure, NSDL, and SIDBI would be sold. Dena Bank’s stock rose over 3% after the public sector lender decided to sell a total of 60.5 lakh shares in three entities -- NSDL E-governance Infrastructure, NSDL, and SIDBI -- in a move to break away from its non-core assets. In a BSE filing, the Mumbai-headquartered bank stated that it will sell 6.25 lakh equity shares of Rs10 each in NSDL E-Governance Infrastructure, 6.25 lakh equity shares of Rs10 each in NSDL, and 48 lakh shares of Rs10 each in SIDBI.
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