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PSP Projects bags another order; details inside

PSP Projects bags another order; details inside

17 January 2024

About the MoU:  PSP Projects Limited, a prominent player in the construction industry has recently announced its successful bid as the Lowest (L1) Bidder for the construction of the Gati Shakti Vishwavidyalaya project. This significant achievement adds to the company’s growing portfolio and reinforces its position in the infrastructure development sector. The project awarded by …

Top 10 Gems and Jewellery Stocks in India

Top 10 Gems and Jewellery Stocks in India

17 January 2024

At the core of India’s vibrant cultural tapestry lies an industry with a timeless legacy. For over 5,000 years, the Gems and Jewellery sector has not only graced its people with exquisite adornments but has also evolved into a pivotal force in the nation’s economy. Rooted in the grandeur of the Indus Valley civilisation, this …

Birlasoft hits 52-week high on being recognised as a ‘Leader’

Birlasoft hits 52-week high on being recognised as a ‘Leader’

17 January 2024

On Wednesday, Birlasoft shares surged 3.30% to trade at its 52-week high of Rs 805.70, from its previous closing of Rs. 779.95 on the BSE. Leader in Data Management, Cloud Computing and Next-Gen IT/OT  Birlasoft has been recognized as ‘Leader’ in ‘Data Management and Cloud Computing’ and ‘Next-Gen IT/OT’ Services in North America, in the …

Overnight Digest: Top 5 mid and small-cap stocks to watch out for January 18

Overnight Digest: Top 5 mid and small-cap stocks to watch out for January 18

17 January 2024

On Wednesday, the primary stock indices concluded the trading day on a downward trajectory, with the Sensex experiencing a substantial decline of 2.23%, settling at the level of 71,500.76. Concurrently, the Nifty witnessed a 2.09% plunge, closing at 21,571.95. Notably, Nifty IT emerged as the sole major sector exhibiting positive trade dynamics, whereas Nifty Bank, …

These 4 NSE stocks surged over 10% and hit 52-week highs today: Keep them on your radar for tomorrow

These 4 NSE stocks surged over 10% and hit 52-week highs today: Keep them on your radar for tomorrow

17 January 2024

Today, the broader indices, NSE Nifty50 and BSE Sensex, ended the day in the red. The Nifty50 closed at 21,571.95, marking a decline of 460.35 points or 2.09% compared to the previous day’s closing level. Meanwhile, the BSE Sensex concluded at 71,500, reflecting a decline of 1628 points. Among all the stocks listed on the …

Rs 27,647 crore order book: Bharat Electronics bags new orders worth Rs 1,034 crore

Rs 27,647 crore order book: Bharat Electronics bags new orders worth Rs 1,034 crore

17 January 2024

Bharat Electronics Limited manufactures and supplies electronic equipment and systems to the defence sector. The company was formed under the Ministry of Defence to handle India’s defence electronic needs. Today, it has made a significant announcement regarding significant orders received by the company. Order Details  As detailed in the official report, the company has received …

52-week high alert: L&T wins mega orders from India & Oman

52-week high alert: L&T wins mega orders from India & Oman

17 January 2024

Today, the shares of Larsen & Toubro Limited reached a new 52-week high, touching the mark of Rs 3614 a piece on BSE. The company’s current market capitalisation is Rs 4,90,947.42 crore. Recent development  Larsen & Toubro’s Buildings & Factories (B&F) Business has secured notable orders in both India and Oman. In India, the Residential …

Top 3 breakout stocks trading below Rs 100

Top 3 breakout stocks trading below Rs 100

17 January 2024

These three equities gained significantly during Wednesday’s trading sessions, indicating strong bullish action. Here’s an in-depth look. TV18 Broadcast Ltd:  TV18 Broadcast Ltd exhibits a compelling technical setup. The stock has demonstrated a Price Volume Breakout, signifying a strong bullish sentiment. Furthermore, it is currently trading above all key moving averages, reinforcing the positive outlook. …

HDFC bank posts the biggest single-day fall in nearly 3 years; Erases market cap of nearly Rs 1 lakh crore

HDFC bank posts the biggest single-day fall in nearly 3 years; Erases market cap of nearly Rs 1 lakh crore

17 January 2024

Today’s dip of -8.44% in HDFC Bank shares, despite decent Q3FY2024 results, has left investors questioning the reasons behind this downturn. In this article, we dissect the factors contributing to the decline, assess the bank’s Q3 financials, and draw insights from historical instances of drastic falls in HDFC Bank shares. Understanding the Fall Although HDFC …

Breakout stocks of the day: Bayer CropScience and Welspun Corp

Breakout stocks of the day: Bayer CropScience and Welspun Corp

17 January 2024

With price volume support, Bayer CropScience and Welspun Corp have strong bullish breakout potential. The stock prices have displayed a rounding bottom and a consolidation breakout and is presently trading at Rs 5,902 and Rs 572. The breakout aligns with positive signals from technical indicators such as RSI, ADX, and other key metrics, reinforcing the …

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