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Shares of JSW Energy Ltd. witnessed a sharp surge of nearly 6% in intraday trade on Thursday, February 20, 2025, reaching a day’s high of ₹500.25 on the National Stock Exchange (NSE). This rally was fueled by Morgan Stanley’s positive coverage, which initiated an ‘overweight’ rating on the stock. The global brokerage firm highlighted JSW…
Gujarat Toolroom Shares Hit Lower Circuit as Q3 Net Profit Plunges 90% Shares of Gujarat Toolroom Limited, a small-cap company engaged in multiple sectors including mining, gemstone trading, and green energy solutions, plummeted on Thursday, February 20, 2025. The stock hit its 5% lower circuit on the Bombay Stock Exchange (BSE) at ₹2.34 per share,…
IREDA and Tata Technologies Shares Gain Nearly 2% After Inclusion in March F&O Series The shares of Indian Renewable Energy Development Agency (IREDA) and Tata Technologies surged over 2% on Thursday, February 20, following an announcement by the National Stock Exchange (NSE) regarding the inclusion of these stocks in the March Futures & Options (F&O)…
Shares of HFCL Limited saw a modest 1.2% rise on February 20, 2025, after the company signed a ₹2,510.3 crore contract with Bharat Sanchar Nigam Limited (BSNL). 🚀 Key Highlights: This strategic move strengthens companies position in India’s telecom infrastructure sector, particularly in the government-backed BharatNet project. HFCL Secures ₹2,510.3 Crore BSNL Contract 📢 On…
Shares of TVS Supply Chain Solutions saw a significant surge of 9% on February 18, 2025, following a stake acquisition by TVS Motor Company via a block deal on Monday, February 17. 🚀 Key Highlights: This strategic move reflects TVS Motor’s increased confidence in the supply chain business and its long-term growth potential. TVS Motor’s…
Shares of Bharti Airtel, one of India’s leading telecom companies, remained largely flat during morning trade on February 18, 2025, after the firm witnessed a significant block deal worth ₹8,475 crore. A total of 5.1 crore shares exchanged hands in the deal, with promoter entity Indian Continent Investment Ltd (ICIL) likely being the seller. The…
Shares of Bank of India (BOI) declined nearly 2% on February 17, 2025, during morning trade after the public sector lender (PSU) raised ₹2,690 crore through infrastructure bonds. The 10-year bonds were issued at a coupon rate of 7.5% per annum, with an overwhelming response from investors. At 9:55 AM, Bank of India’s stock was…
Shares of Glenmark Pharmaceuticals surged nearly 4% on February 17, 2025, following strong Q3 FY25 earnings. The Mumbai-based pharma giant reported a consolidated profit of ₹348 crore, reversing the ₹351 crore loss from the same period last year. At 10:25 AM, Glenmark’s stock was trading at ₹1,373 per share on the BSE, marking a 3.91%…
Shares of Indian Telephone Industries Ltd (ITI) hit the lower circuit of 5% on February 14, 2025, trading at ₹270.15 per share on the National Stock Exchange (NSE). This sharp decline came despite the company reporting a significant reduction in net loss and a massive 300% revenue surge in Q3 FY25. While the company’s net…
Reliance Infrastructure Ltd., a leading player in the engineering, power, and infrastructure sectors, announced its Q3 FY25 financial results on February 14, 2025. The company reported a net loss of ₹3,298.35 crore, significantly widening from the ₹421.17 crore loss recorded in Q3 FY24. Despite a marginal revenue increase of 0.55% YoY to ₹4,743 crore, the…