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Top 6 Stocks Surged Over 10% and Hit 52-Week High Today

Top 6 Stocks Surged Over 10% and Hit 52-Week High Today

22 February 2024

Today the NSE Nifty50 and BSE Sensex, ended the day in the green. The Nifty50 closed at 22,217.45, registering a significant rise of 162.40 points or a 0.74% increase compared to the previous day’s closing level. Meanwhile, the BSE Sensex concluded at 73,158, reflecting a rise of around 535 points. Among all the stocks listed …

Overnight Digest: Top 5 mid and small-cap stocks to watch out for February 23

Overnight Digest: Top 5 mid and small-cap stocks to watch out for February 23

22 February 2024

Thursday witnessed a sharp recovery in the market, with benchmark indices closing at their day’s peak fueled by positive global cues. The Sensex surged by a notable 0.74%, reaching a level of 73,158.24, while the Nifty also saw a rise of 0.74%, hitting a new all-time high of 22,252.50. Leading the gainers were sectors like …

Top 3 breakout stocks trading below Rs 100

Top 3 breakout stocks trading below Rs 100

22 February 2024

These three equities gained significantly during Thursday’s trading sessions, indicating strong bullish action. Here’s an in-depth look. Yes Bank Yes Bank’s stock has experienced a significant uptrend today, with the price reaching Rs 27.25, a notable increase from the previous close of Rs 25.55. This movement suggests bullish momentum in the stock. The price is …

Shares of Veerhealth Care locked in 20% upper circuit

Shares of Veerhealth Care locked in 20% upper circuit

22 February 2024

On Thursday, Veerhealth Care shares hit its upper circuit of 20% to trade at a fresh 52-week high of Rs 27.08, from its previous closing of Rs 22.57 on the BSE. About the expansion project Veerhealth Care has unveiled ambitious expansion project to enhance healthcare solutions with a proposed investment of Rs 33 crore. This …

Salzer Electronics expands into smart meter manufacturing addressing India’s growing energy management needs

Salzer Electronics expands into smart meter manufacturing addressing India’s growing energy management needs

22 February 2024

Salzer Electronics offers total and customised electrical solutions in switchgear, wires, and cables, as well as the energy management business. The company has taken a significant step towards modernising India’s energy infrastructure by announcing the establishment of a cutting-edge Smart Meter manufacturing plant in Coimbatore. The move aligns with the company’s commitment to providing innovative …

Breakout stocks of the day: Graphite India and Pitti Engineering

Breakout stocks of the day: Graphite India and Pitti Engineering

22 February 2024

Graphite India and Pitti Engineering are identified as potential bullish stocks based on technical analysis. Both stocks have displayed promising technical patterns, including price volume support and a potential to breakout. Currently trading at Rs 595.30 and Rs 727.60, respectively, their price structures align with positive signals from technical indicators like RSI and ADX, suggesting …

Oriental Rail Raises Rs 212 Crore Through Preferential Allotment- Ace Investor Mukul Agrawal In Non-Promoter Category

Oriental Rail Raises Rs 212 Crore Through Preferential Allotment- Ace Investor Mukul Agrawal In Non-Promoter Category

22 February 2024

Preferential allotment is a corporate action that allows companies to issue shares to a select group of investors at a predetermined price. In a recent board meeting held on February 22, 2024, Oriental Rail Infrastructure Limited announced the allotment of warrants convertible into equity shares to promoters and equity shares at a discounted price on …

Is JSW Steel eyeing a USD 750 million borrowing for expansion?

Is JSW Steel eyeing a USD 750 million borrowing for expansion?

22 February 2024

Steel magnate Sajjan Jindal is set to embark on a major expansion drive for JSW Steel Ltd, India’s largest mill, aiming to bolster its capacity and meet soaring demand. The company plans to borrow $750 million for capital expenditure, signalling its intent to nearly double steel output to 50 million tons by the end of …

Analysing the institutional sponsorship and future outlook of Ramkrishna Forgings Limited

Analysing the institutional sponsorship and future outlook of Ramkrishna Forgings Limited

22 February 2024

Recently Ramkrishna Forgings announced a significant milestone as it penetrates further into the North American market by successfully securing a contract worth USD 220 Million (Rs 1,826 crore). This contract spans over a decade and marks the Company’s foray into a new vertical within the forging sector, focusing on supplying Tier 1 customers in the …

These 3 stocks from BSE 500 jumped over 5% today; do you own any?

These 3 stocks from BSE 500 jumped over 5% today; do you own any?

22 February 2024

The benchmark index S&P BSE 500 opened today at 31,895.99 and made its day high at 31,905.36, and it is trading in red today, with a decline of 63.79 points or 0.20%. From the same space, these are the top 3 companies that outperformed the benchmark index and were up by more than 5% today. …

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