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Upper Circuit Stocks Today – Stocks Locked in Upper Circuit on 21 August, 2023

Upper Circuit Stocks Today – Stocks Locked in Upper Circuit on 21 August, 2023

21 August 2023

On Monday, the benchmark indices were trading green, with Sensex up around 186 points or 0.29% at 65,133 and the Nifty-50 up around 50 points or 0.26% at 19,360. About 2,056 shares have advanced, 1,379 declined, and 201 are unchanged on the BSE. Top gainers and losers on BSE Sensex Index are as follows: The …

KEC International Surges Over 8% on Bagging Rs 1007 Cr Order

KEC International Surges Over 8% on Bagging Rs 1007 Cr Order

21 August 2023

KEC International Ltd., a prominent global infrastructure EPC (Engineering, Procurement, and Construction) major and a part of the RPG Group, has successfully obtained new contracts worth Rs 1,007 crores spanning its diverse range of operations:  Civil: The company has been awarded a prestigious contract to oversee the Design, Engineering, Procurement, and Construction of a Multi-speciality …

Subsidiary of Axiscades Technologies acquires 94% stake in add solution GmbH, also reports strong quarterly results

Subsidiary of Axiscades Technologies acquires 94% stake in add solution GmbH, also reports strong quarterly results

18 August 2023

Axiscades Technologies’ wholly owned subsidiary — Axiscades GmbH acquired a 94% stake in add Solution GmbH on August 17, 2023, upon payment of Phase I consideration of Euro 5 million, in accordance with the Definitive Agreements. Subsequently, add solution GmbH has become a subsidiary of Axiscades GmbH and a step-down subsidiary of the company. The …

Weekly Wrap: Nifty50 traded below 19300 throughout the day, but managed to close above it

Weekly Wrap: Nifty50 traded below 19300 throughout the day, but managed to close above it

18 August 2023

Today, the Nifty 50 index opened at 19,301.75, marking a 64-point decrease from its previous day’s closing level of 19,365.25. It began the day with a candle having a long wick, like a hammer candle, but in red colour on the five-minute timeframe. This indicates that buyers are showing significant interest at these levels, but …

Penny stocks to watch out for Monday!

Penny stocks to watch out for Monday!

18 August 2023

The Sensex and Nifty indices concluded the session by recording declines of 0.31% and 0.44%, respectively. Similarly, within the Nifty range, the Nifty Midcap concluded with a decrease of 0.33%, while the Nifty Smallcap experienced a more notable decline, closing down by 0.6%.  Looking at sectoral performance, the Nifty PSU Bank, Nifty FMCG, and Nifty …

These micro-cap companies have reduced their debt and registered profit growth this quarter

These micro-cap companies have reduced their debt and registered profit growth this quarter

18 August 2023

Debt always feels burdensome, whether in the real life of an individual or in companies. Although it is also true that to acquire certain assets such as property, machinery, land, or any other assets that are expected to generate profits soon, we use debt for procurement. One of the reasons we opt for debt is …

Lemon Tree Hotels: Charting a bright future with a 7.5% weekly rally and breakout pattern

Lemon Tree Hotels: Charting a bright future with a 7.5% weekly rally and breakout pattern

18 August 2023

Amidst recent market profit-taking and a downward movement, one prominent player in the hospitality sector is turning heads. Lemon Tree Hotels Ltd. is shining bright with a remarkable 6% rally this week, accompanied by robust trading activity. This surge has heralded the emergence of a breakthrough continuation price pattern on the weekly chart. Lemon Tree …

Adani Green Energy stock gains after SECI approval for commercial operation of Mundra plant

Adani Green Energy stock gains after SECI approval for commercial operation of Mundra plant

18 August 2023

Mundra Solar Energy (MSEL), an Adani Green Energy partner firm, has got the commercial operational date (COD) certificate from Solar Energy Corporation of India (SECI) for its Solar PV Cells and Solar PV Modules manufacturing facilities in Mundra, Gujarat. The facility has an annual capacity of 2.0 GW. Adani Green Energy, through its wholly-owned subsidiary …

Upper Circuit Stocks Today – Stocks Locked in Upper Circuit on 18 August, 2023

Upper Circuit Stocks Today – Stocks Locked in Upper Circuit on 18 August, 2023

18 August 2023

On Friday, the benchmark indices were trading red with Sensex down around 300 points or 0.47% at 64,852 and the Nifty-50 down around 94 points or 0.48% at 19,270. About 1,543 shares have advanced, 1,770 declined, and 162 are unchanged on the BSE. Top gainers and losers on BSE Sensex Index are as follows: The …

NSE announces stock rejig in various Nifty indices except for Nifty50 and Nifty50 Equal weight index

NSE announces stock rejig in various Nifty indices except for Nifty50 and Nifty50 Equal weight index

18 August 2023

The Index Maintenance Sub-Committee (Equity) of NSE Indices Limited has recently unveiled its plan to introduce changes across various Nifty equity indices, with the adjustments set to come into effect starting from September 29, 2023 (close of September 28, 2023). In a significant alteration, companies including ACC, Nykaa, HDFC AMC, Indus Tower, and Page Industries …

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