J Kumar Infra shares surge 16% to a 21-week high after the BJP-led alliance's win in the Maharashtra state elections, driven by optimism in infrastructure development, with analysts expecting a significant improvement in the capex cycle in the second half of the fiscal year, benefiting EPC firms like J Kumar Infra.
Open FlipAt around 10.24 AM, Zee Entertainment was trading 2.40% higher at ₹119.98, against the previous close of ₹117.17 on NSE. The counter touched an intraday high and low of ₹120.96, and ₹118.78, respectively. This happned post CEO, Punit Goenka, who resigned as managing director (MD) last week, has withdrawn his approval for re-appointment as MD, which was earlier suggested for approval at the AGM.
Open FlipReliance share price: Extending its rally for the second consecutive session, Reliance Industries (RIL) share price saw strong buying interest during the early morning trade on Monday, November 25. Reliance share price saw a gap-up start and hit an intraday high of ₹1,304.45 on the NSE, marking a gain of around 3 per cent.
Open FlipSilver has hit a record high of ₹1,00,000 per kilogram in 2024, gaining 32% this year, driven by strong industrial demand and a production deficit. With rising prices, investment demand is increasing, and experts predict further gains in the next 2-3 years, with target prices ranging from $36 to $40 an ounce.
Open FlipAgrochemical player Dhanuka Agritech Ltd shares gained over 2% on Monday, November 25, after the company announced entering an agreement with German multinational Bayer AG for acquisition of crop protection active ingredients. In a filing to the stock exchanges on November 25, Dhanuka Agritech said that it has signed an agreement with the German firm.
Open FlipShangar Decor, a BSE-listed penny stock, has announced a Rs 49.35 crore rights issue at Rs 5.76 per share, with the issue closing on December 6. The company plans to use the proceeds for working capital, rights issue expenses, and general corporate purposes. Shangar Decor's shares have delivered multibagger returns, surging 140.97% in the last 180 days and 158.31% YTD.
Open FlipShares of National Fertilizer (NFL) are spiking in morning trade on November 25, rising over 4% after the company announced foray into manufacturing of nano urea, in-line with Centre's efforts to become self-reliant in urea production. "The company shall be manufacturing 1.5 lakh bottles of 500 ml per day at its nangal plant with the new variant," NFL said in a statement.
Open FlipReported Standalone quarterly numbers for Sandu Pharmaceuticals are: Net Sales at Rs 17.70 crore in September 2024 up 6.61% from Rs. 16.61 crore in September 2023. Quarterly Net Profit at Rs. 0.50 crore in September 2024 down 9.34% from Rs. 0.55 crore in September 2023. EBITDA stands at Rs. 0.94 crore in September 2024 up 3.3% from Rs. 0.91 crore in September 2023.
Open FlipZomato Ltd., the food delivery aggregator, saw its shares advance on Monday (November 25) on the back of two triggers — 📌the company's inclusion in the 30-stock BSE Sensex and 📌an approval for its ₹8,500 crore Qualified Institutional Placement (QIP). Zomato is the first new-age tech stock that will replace JSW Steel in the BSE Sensex as part of the index reconstitution.
Open FlipShares of Paras Defence and Space Technologies hit 5 percent upper circuit at Rs 1,025 apiece on November 25 after it opened its advanced and state-of-the art optical systems testing facility in Navi Mumbai, Maharashtra. It is set to be the most advanced center for research and development of hyperspectral and other optical systems for space and defence in India.
Open FlipEscorts Kubota Ltd stated that its wholly-owned subsidiary, Escorts Kubota Finance Ltd, has become operational as a NBFC from November 26, 2024. The NBFC will not accept public deposits, the firm said in its stock exchange filing. The revenues of Escorts Kubota for Q2 FY24 are at ₹2,488.5 crores, with the growth minimal to ₹2,478 crores against the same period last year.
Open FlipPeter McGuire, CEO of XM Australia, expects Brent crude to reach $80 per barrel and WTI to potentially test $75. He highlighted that geopolitical risks, particularly Russia's actions in Ukraine is a key driver of the rising oil prices. Oil prices hovered near two-week highs on November 25 after gaining 6% last week, as escalating geopolitical tensions b/w western powers and major oil production.
Open FlipReported Standalone quarterly numbers for Indokem are: Net Sales at Rs 36.40 crore in September 2024 up 6.56% from Rs. 34.16 crore in September 2023. Quarterly Net Loss at Rs. 0.71 crore in September 2024 up 70.42% from Rs. 2.40 crore in September 2023. EBITDA stands at Rs. 0.49 crore in September 2024 up 147.57% from Rs. 1.03 crore in September 2023.
Open FlipReported Standalone quarterly numbers for Bayer CropScience are: Net Sales at Rs 1,737.60 crore in September 2024 up 7.44% from Rs. 1,617.20 crore in September 2023. Quarterly Net Profit at Rs. 136.30 crore in September 2024 down 38.85% from Rs. 222.90 crore in September 2023. EBITDA stands at Rs. 207.50 crore in September 2024 down 35.36% from Rs. 321.00 crore in September 2023.
Open FlipReported Standalone quarterly numbers for The Phosphate Company Limited are: Net Sales at Rs 39.16 crore in September 2024 up 3.22% from Rs. 37.94 crore in September 2023. Quarterly Net Loss at Rs. 2.99 crore in September 2024 down 372.56% from Rs. 1.10 crore in September 2023. EBITDA stands negative at Rs. 2.89 crore in September 2024 down 208.24% from Rs. 2.67 crore in September 2023.
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