J Kumar Infra stock surges 16% post Maharashtra poll results
Mon, Nov 25, 2024 12:12 PM

J Kumar Infra stock surges 16% post Maharashtra poll results

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.

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Zee jumps ~3% as Puneet Goenka withdraws consent to be MD
Mon, Nov 25, 2024 12:11 PM

Zee jumps ~3% as Puneet Goenka withdraws consent to be MD

At 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 This happned post CEO, Punit Goenka, who resigned as managing director (MD) last week, has withdrawn his approval for re-appointment as MD, which was earlier suggested for approval at the AGM.

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Reliance share price jumps 3%; experts see Russia-Ukraine war connect
Mon, Nov 25, 2024 12:09 PM

Reliance share price jumps 3%; experts see Russia-Ukraine war connect

Reliance 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.

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View | The silver rush may spill into 2025
Mon, Nov 25, 2024 12:08 PM

View | The silver rush may spill into 2025

Silver 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.

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Dhanuka Agritech gains on signing deal with Bayer AG
Mon, Nov 25, 2024 12:07 PM

Dhanuka Agritech gains on signing deal with Bayer AG

Agrochemical 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.

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Penny stock jumps 140% in 6 months; Company announces to raise funds
Mon, Nov 25, 2024 12:00 PM

Penny stock jumps 140% in 6 months; Company announces to raise funds

Shangar 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.

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National Fertilizer shares extend gains by 4% on nano urea foray
Mon, Nov 25, 2024 11:58 AM

National Fertilizer shares extend gains by 4% on nano urea foray

Shares 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.

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Sandu Pharmaceuticals Standalone Sept 2024 Net Sales at Rs 17.70 crore
Mon, Nov 25, 2024 11:54 AM

Sandu Pharmaceuticals Standalone Sept 2024 Net Sales at Rs 17.70 crore

Reported 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.

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What triggered a sharp surge in Zomato shares after 125% this year?
Mon, Nov 25, 2024 11:51 AM

What triggered a sharp surge in Zomato shares after 125% this year?

Zomato 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.

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Paras Defence hit 5% upper circuit as it opens new optical systems facility
Mon, Nov 25, 2024 11:47 AM

Paras Defence hit 5% upper circuit as it opens new optical systems facility

Shares 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.

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Escorts Kubota Finance to Launch NBFC Operations on November 26
Mon, Nov 25, 2024 11:46 AM

Escorts Kubota Finance to Launch NBFC Operations on November 26

Escorts 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.

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Expert on where crude oil and gold prices might head next
Mon, Nov 25, 2024 11:45 AM

Expert on where crude oil and gold prices might head next

Peter 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.

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Indokem Standalone September 2024 Net Sales at Rs 36.40 crore
Mon, Nov 25, 2024 11:44 AM

Indokem Standalone September 2024 Net Sales at Rs 36.40 crore

Reported 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.

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Bayer CropScience Standalone Sept 2024 Net Sales at Rs 1,737.60 crore
Mon, Nov 25, 2024 11:40 AM

Bayer CropScience Standalone Sept 2024 Net Sales at Rs 1,737.60 crore

Reported 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.

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The Phosphate Company Ltd Standalone Sept 2024 Net Sales at Rs 39.16 crore
Mon, Nov 25, 2024 11:39 AM

The Phosphate Company Ltd Standalone Sept 2024 Net Sales at Rs 39.16 crore

Reported 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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