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Shares of Gensol Engineering rise on securing a solar PV project in Maharashtra

Shares of Gensol Engineering rise on securing a solar PV project in Maharashtra

22 March 2024

About Project Gensol Engineering Limited, a prominent player in solar power solutions, has secured a monumental project in Maharashtra. The company will be developing a 100 MWAC/135 MWp ground-mount solar PV power plant valued at a staggering Rs 520 crore. This marks the largest-ever turnkey EPC order for Gensol and solidifies its position in the …

Share Market Pre Open Updates – March 22, 2024

Share Market Pre Open Updates – March 22, 2024

22 March 2024

On March 21, 2024, The Nifty 50 and Sensex markets saw increases of 0.79% and 0.75%, reaching 22,011 and 72,641, respectively, showing market optimism. However, Foreign Institutional Investors sold off about ₹1,826 crores, while Domestic Institutional Investors bought stocks worth ₹3,208 crores, indicating mixed investor actions. Top Gainers and Losers On March 21, 2024, sectors …

Tata Investment’s Stock: IPO dreams, price peaks, and the fall!

Tata Investment’s Stock: IPO dreams, price peaks, and the fall!

21 March 2024

Tata Investment witnessed a significant uptick in its stock price starting from February 28th, driven by rumors of the Tata Sons IPO. Investors speculated that Tata Investments would be one of the biggest beneficiaries of this IPO. However, once the rumor was dispelled on March 9, 2024, the stock quickly retraced to its February 21st …

Bharat Dynamics Announces Dividend and 2:1 Stock Split

Bharat Dynamics Announces Dividend and 2:1 Stock Split

21 March 2024

The Board of Directors of Bharat Dynamics (BDL), a Government of India Enterprise engaged in the manufacturing of guided missiles and allied defence equipment, announced a dividend and a stock split of the company’s shares during the meeting held today. Dividend The company’s Board of Directors declared an interim dividend of Rs 8.85 per share …

Overnight Digest: Top 5 mid and small-cap stocks to watch out for March 22

Overnight Digest: Top 5 mid and small-cap stocks to watch out for March 22

21 March 2024

On Thursday, a dovish stance from the Fed and positive global signals prompted widespread buying in the market. The Sensex surged by 0.75%, ending the day at 72,641.19, while the Nifty rose by 0.79% to close at 22,011.95. BSE-listed companies collectively added Rs 5 lakh crore in market capitalization. Leading the gainers were sectors like …

Top 3 stocks trading below Rs 100

Top 3 stocks trading below Rs 100

21 March 2024

These three equities’ volume gained significantly during Thursday’s trading sessions, indicating potential bullish action. Here’s an in-depth look. IRB Infrastructure Developers Ltd  The stock of IRB Infrastructure Developers saw a significant increase in price and volume, indicating heightened trading activity. This bounce back indicates stock price may start to rise again with higher volume on …

Top 4 Technically Strong Stocks Under Rs 1000: Trading at Crucial Levels

Top 4 Technically Strong Stocks Under Rs 1000: Trading at Crucial Levels

21 March 2024

Today the NSE Nifty50 and BSE Sensex, ended the day in the green. The Nifty50 closed at 22,011.95, registering a significant rise of 172.85 points or a 0.79% increase compared to the previous day’s closing level. Meanwhile, the BSE Sensex concluded at 72,641.19, reflecting a gain of around 539.50 points. Among all the stocks listed …

Wockhardt Announces QIP Launch with Floor Price of ₹544.02 per Share

Wockhardt Announces QIP Launch with Floor Price of ₹544.02 per Share

21 March 2024

On Wednesday, drug manufacturer Wockhardt Ltd stated in an exchange filing that the company’s Capital Raising Committee agreed to the launch of the company’s Qualified Institutional Placement (QIP). Details of the QIP On March 20, 2024, Wockhardt Ltd informed the stock exchanges that their Capital Raising Committee had considered and approved the Qualified Institutions Placement …

Amber Enterprises To Acquire 50% Stake in Resojet Pvt. Ltd

Amber Enterprises To Acquire 50% Stake in Resojet Pvt. Ltd

21 March 2024

On Thursday, March 21, 2024, Amber Enterprises stated in an exchange filing that the company had executed definitive agreements to acquire a 50% stake in Resojet Private Limited, which is a part of LCGC Resolute Group, Hyderabad. Details of the Acquisition Amber Enterprises, a prominent solution provider for the HVAC (Heating, ventilation, and air conditioning) …

Potential breakout stocks to watch: Kalyan Jewellers India and Ipca Laboratories

Potential breakout stocks to watch: Kalyan Jewellers India and Ipca Laboratories

21 March 2024

Kalyan Jewellers India and Ipca Laboratories are identified as upside potential stocks based on technical analysis. Both stocks have displayed promising technical setups, including price volume action and the potential to bounce back and breakout. Currently trading at Rs 378.25 and Rs 1,174.15 respectively, their price structures align with positive signals from technical indicators like …

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