REC shares rise 2% amid Rs 1.55 lakh cr fundraise plans, SPV strike off
https://economictimes.indiatimes.com/markets/stocks/news/rec-shares-in-focus-amid-rs-1-55-lakh-cr-fundraise-plans-spv-strike-off/articleshow/121637226.cms
REC Share Price: The REC board has approved a Rs 1.55 lakh crore fundraising plan through bonds and proposed the strike-off of Rajgarh III Power Transmission Ltd, a project-specific SPV. The decision to dissolve the SPV comes after the government de-notified the associated project.
https://economictimes.indiatimes.com/markets/stocks/news/rec-shares-in-focus-amid-rs-1-55-lakh-cr-fundraise-plans-spv-strike-off/articleshow/121637226.cms
REC Share Price: The REC board has approved a Rs 1.55 lakh crore fundraising plan through bonds and proposed the strike-off of Rajgarh III Power Transmission Ltd, a project-specific SPV. The decision to dissolve the SPV comes after the government de-notified the associated project.
These 4 stocks showing RSI Trending Up on June 4
https://economictimes.indiatimes.com/markets/stocks/news/these-4-stocks-showing-rsi-trending-up-on-june-4/slideshow/121637301.cms
An RSI crossover above 50 indicates strengthening price momentum, suggesting a potential uptrend. These signals are often used by traders to spot early buying opportunities in technically improving stocks.
https://economictimes.indiatimes.com/markets/stocks/news/these-4-stocks-showing-rsi-trending-up-on-june-4/slideshow/121637301.cms
An RSI crossover above 50 indicates strengthening price momentum, suggesting a potential uptrend. These signals are often used by traders to spot early buying opportunities in technically improving stocks.
Waaree Energies shares gain 3% on plan to offload 1.15% Indosolar stake via OFS
https://economictimes.indiatimes.com/markets/stocks/news/waaree-energies-shares-in-focus-as-company-to-offload-1-15-stake-in-indosolar-via-ofs/articleshow/121637351.cms
Waaree Energies Shares: Waaree Energies will sell 4.76 lakh shares of Indosolar Ltd via OFS on June 5–6 to meet public shareholding norms. The floor price is set at Rs 10. Waaree, a leading solar firm, recently secured $176 million for U.S. projects. Its stock has risen 36.6% in three months and trades above key technical levels.
https://economictimes.indiatimes.com/markets/stocks/news/waaree-energies-shares-in-focus-as-company-to-offload-1-15-stake-in-indosolar-via-ofs/articleshow/121637351.cms
Waaree Energies Shares: Waaree Energies will sell 4.76 lakh shares of Indosolar Ltd via OFS on June 5–6 to meet public shareholding norms. The floor price is set at Rs 10. Waaree, a leading solar firm, recently secured $176 million for U.S. projects. Its stock has risen 36.6% in three months and trades above key technical levels.
These 5 F&O stocks saw a high increase in futures open interest
https://economictimes.indiatimes.com/markets/stocks/news/these-5-fo-stocks-saw-a-high-increase-in-futures-open-interest/slideshow/121637423.cms
https://economictimes.indiatimes.com/markets/stocks/news/these-5-fo-stocks-saw-a-high-increase-in-futures-open-interest/slideshow/121637423.cms
HAL shares gain 2% as defence PSU denies report of stalled GE414 engine deal
https://economictimes.indiatimes.com/markets/stocks/news/hal-shares-in-focus-as-defence-psu-denies-report-of-stalled-ge414-engine-deal/articleshow/121637475.cms
Hindustan Aeronautics (HAL) shares will be in focus after the company dismissed a media report claiming stalled talks with GE over local production of GE414 engines. HAL called the report “factually incorrect and misleading,” reaffirming that negotiations are on track and it is not in talks with any other engine manufacturer for the LCA Mk2 programme.
https://economictimes.indiatimes.com/markets/stocks/news/hal-shares-in-focus-as-defence-psu-denies-report-of-stalled-ge414-engine-deal/articleshow/121637475.cms
Hindustan Aeronautics (HAL) shares will be in focus after the company dismissed a media report claiming stalled talks with GE over local production of GE414 engines. HAL called the report “factually incorrect and misleading,” reaffirming that negotiations are on track and it is not in talks with any other engine manufacturer for the LCA Mk2 programme.
Buy Ahluwalia Contracts, target price Rs 1,210: JM Financial
https://economictimes.indiatimes.com/markets/stocks/recos/buy-ahluwalia-contracts-target-price-rs-1210-jm-financial/articleshow/121611180.cms
JM Financial maintains a Buy call on Ahluwalia Contracts, revising the target price to Rs 1210. The brokerage anticipates robust revenue and EPS growth, driven by a strong order backlog and margin recovery. With a substantial backlog of Rs 158 billion, the company demonstrates strong growth visibility and consistent free cash flow generation.
https://economictimes.indiatimes.com/markets/stocks/recos/buy-ahluwalia-contracts-target-price-rs-1210-jm-financial/articleshow/121611180.cms
JM Financial maintains a Buy call on Ahluwalia Contracts, revising the target price to Rs 1210. The brokerage anticipates robust revenue and EPS growth, driven by a strong order backlog and margin recovery. With a substantial backlog of Rs 158 billion, the company demonstrates strong growth visibility and consistent free cash flow generation.
Power Grid gains 1% after acquiring MEL Power Transmission for Rs 8.53 crore
https://economictimes.indiatimes.com/markets/stocks/news/power-grid-shares-in-focus-on-rs-8-53-crore-acquisition-of-mel-power-transmission/articleshow/121637507.cms
Power Grid shares: Power Grid Corporation of India acquired MEL Power Transmission for approximately Rs 8.53 crore through the TBCB route. This acquisition, completed on June 4, involves a 100% equity takeover to develop a transmission system for power evacuation from Mahan Energen Limited in Madhya Pradesh. The project includes a 400kV double-circuit transmission line and associated infrastructure.
https://economictimes.indiatimes.com/markets/stocks/news/power-grid-shares-in-focus-on-rs-8-53-crore-acquisition-of-mel-power-transmission/articleshow/121637507.cms
Power Grid shares: Power Grid Corporation of India acquired MEL Power Transmission for approximately Rs 8.53 crore through the TBCB route. This acquisition, completed on June 4, involves a 100% equity takeover to develop a transmission system for power evacuation from Mahan Energen Limited in Madhya Pradesh. The project includes a 400kV double-circuit transmission line and associated infrastructure.
Gland Pharma shares in focus after subsidiary Cenexi gets 11 observations from French regulator
https://economictimes.indiatimes.com/markets/stocks/news/gland-pharma-shares-in-focus-after-subsidiary-cenexi-gets-11-observations-from-french-regulator/articleshow/121637563.cms
Gland Pharma shares will be in focus after its subsidiary Cenexi received 11 observations from France’s ANSM following a GMP inspection at its Fontenay facility. The company clarified that operations remain unaffected and a CAPA plan has been accepted. Gland Pharma shares have risen 16% in a month, though the stock is still down 43% over three years.
https://economictimes.indiatimes.com/markets/stocks/news/gland-pharma-shares-in-focus-after-subsidiary-cenexi-gets-11-observations-from-french-regulator/articleshow/121637563.cms
Gland Pharma shares will be in focus after its subsidiary Cenexi received 11 observations from France’s ANSM following a GMP inspection at its Fontenay facility. The company clarified that operations remain unaffected and a CAPA plan has been accepted. Gland Pharma shares have risen 16% in a month, though the stock is still down 43% over three years.
Neither largecaps, nor smallcaps! India Inc’s Q4 result season belongs to the middle order
https://economictimes.indiatimes.com/markets/stocks/earnings/neither-largecaps-nor-smallcaps-india-incs-q4-result-season-belongs-to-the-middle-order/articleshow/121637627.cms
Mid-cap companies have surprisingly outperformed large and small-cap firms in Q4, showcasing robust profit growth across sectors like metals, public sector banks, and EMS. While valuations are stretched, experts suggest that continued earnings momentum and stock-picking discipline can keep mid-caps attractive, especially for investors with a longer-term horizon.
https://economictimes.indiatimes.com/markets/stocks/earnings/neither-largecaps-nor-smallcaps-india-incs-q4-result-season-belongs-to-the-middle-order/articleshow/121637627.cms
Mid-cap companies have surprisingly outperformed large and small-cap firms in Q4, showcasing robust profit growth across sectors like metals, public sector banks, and EMS. While valuations are stretched, experts suggest that continued earnings momentum and stock-picking discipline can keep mid-caps attractive, especially for investors with a longer-term horizon.
Angel One shares jump 2% after posting monthly updates for May, client base surges 34% YoY
https://economictimes.indiatimes.com/markets/stocks/news/angel-one-shares-in-focus-after-average-daily-orders-drop-23-yoy-in-may/articleshow/121637768.cms
Angel One has reported a 23.4% YoY decline in Average Daily Orders for May 2025. Despite lower trading volumes and Gross Client Acquisition, the client base grew 34.1%. Notable gains came in cash and commodity turnover, while the company’s retail market share in options increased.
https://economictimes.indiatimes.com/markets/stocks/news/angel-one-shares-in-focus-after-average-daily-orders-drop-23-yoy-in-may/articleshow/121637768.cms
Angel One has reported a 23.4% YoY decline in Average Daily Orders for May 2025. Despite lower trading volumes and Gross Client Acquisition, the client base grew 34.1%. Notable gains came in cash and commodity turnover, while the company’s retail market share in options increased.
ICICI Securities maintains Add on Apollo Hospitals, raises target price to Rs 7,500
https://economictimes.indiatimes.com/markets/stocks/recos/icici-securities-maintains-add-on-apollo-hospitals-raises-target-price-to-rs-7500/articleshow/121611490.cms
ICICI Securities maintains an Add call on Apollo Hospitals Enterprise, raising the target price to Rs 7,500. This revision reflects anticipated faster growth and improved margins in the pharmacy sector. The brokerage has increased revenue, EBITDA, and PAT estimates for FY26 and FY27, valuing the hospital business at 25x FY27E EV/EBITDA.
https://economictimes.indiatimes.com/markets/stocks/recos/icici-securities-maintains-add-on-apollo-hospitals-raises-target-price-to-rs-7500/articleshow/121611490.cms
ICICI Securities maintains an Add call on Apollo Hospitals Enterprise, raising the target price to Rs 7,500. This revision reflects anticipated faster growth and improved margins in the pharmacy sector. The brokerage has increased revenue, EBITDA, and PAT estimates for FY26 and FY27, valuing the hospital business at 25x FY27E EV/EBITDA.
RIL, Eternal drive Sensex 400 points higher, Nifty above 24,700
https://economictimes.indiatimes.com/markets/stocks/news/ril-eternal-drive-sensex-200-points-higher-nifty-above-24700/articleshow/121637657.cms
Indian benchmark indices, Sensex and Nifty, traded higher, mirroring gains in Asian markets. Positive sentiment was fueled by advancements in sectors like pharma, oil & gas, and auto. Investors are awaiting the RBI's policy decision, widely expected to include a rate cut. Globally, markets are reacting to fluctuating oil prices and evolving trade dynamics.
https://economictimes.indiatimes.com/markets/stocks/news/ril-eternal-drive-sensex-200-points-higher-nifty-above-24700/articleshow/121637657.cms
Indian benchmark indices, Sensex and Nifty, traded higher, mirroring gains in Asian markets. Positive sentiment was fueled by advancements in sectors like pharma, oil & gas, and auto. Investors are awaiting the RBI's policy decision, widely expected to include a rate cut. Globally, markets are reacting to fluctuating oil prices and evolving trade dynamics.
Stocks to buy today: Swiggy, SRF among top 6 trading ideas for 5 June 2025
https://economictimes.indiatimes.com/markets/stocks/news/stocks-to-buy-today-swiggy-srf-among-top-6-trading-ideas-for-5-june-2025/articleshow/121637803.cms
Indian markets are expected to open higher on Thursday, tracking firm global cues. Options data suggests a broader trading range of 24,200–25,100. FIIs turned net buyers after three days, while DIIs continued their buying streak. Experts recommend stocks like Swiggy, RVNL, OFSS, and JSW Energy for short-term gains. Nifty needs to hold above 24,700 to extend its uptrend.
https://economictimes.indiatimes.com/markets/stocks/news/stocks-to-buy-today-swiggy-srf-among-top-6-trading-ideas-for-5-june-2025/articleshow/121637803.cms
Indian markets are expected to open higher on Thursday, tracking firm global cues. Options data suggests a broader trading range of 24,200–25,100. FIIs turned net buyers after three days, while DIIs continued their buying streak. Experts recommend stocks like Swiggy, RVNL, OFSS, and JSW Energy for short-term gains. Nifty needs to hold above 24,700 to extend its uptrend.
JM Financial maintains Buy on Welspun Living; lowers target price to Rs 200
https://economictimes.indiatimes.com/markets/stocks/recos/jm-financial-maintains-buy-on-welspun-livingnbsplowers-target-price-to-rs-200/articleshow/121612284.cms
JM Financial maintains a Buy call on Welspun Living, projecting a target price of Rs 200. The company's Q4FY25 consolidated total income rose to Rs 2648.16 crore, with a net profit of Rs 133.04 crore. Despite tariff uncertainty impacting margins, the brokerage anticipates earnings growth driven by stable cotton prices and government support for the textile sector.
https://economictimes.indiatimes.com/markets/stocks/recos/jm-financial-maintains-buy-on-welspun-livingnbsplowers-target-price-to-rs-200/articleshow/121612284.cms
JM Financial maintains a Buy call on Welspun Living, projecting a target price of Rs 200. The company's Q4FY25 consolidated total income rose to Rs 2648.16 crore, with a net profit of Rs 133.04 crore. Despite tariff uncertainty impacting margins, the brokerage anticipates earnings growth driven by stable cotton prices and government support for the textile sector.
Stock market update: Mining stocks up as market rises
https://economictimes.indiatimes.com/markets/stocks/stock-watch/stock-market-update-mining-stocks-up-as-market-rises/articleshow/121638974.cms
The 30-share BSE Sensex was up 338.88 points at 81337.13
https://economictimes.indiatimes.com/markets/stocks/stock-watch/stock-market-update-mining-stocks-up-as-market-rises/articleshow/121638974.cms
The 30-share BSE Sensex was up 338.88 points at 81337.13
Newgen Software shares soar 9% on bagging $2.5 million five-year international contract
https://economictimes.indiatimes.com/markets/stocks/news/newgen-software-shares-soar-9-on-bagging-2-5-million-five-year-international-contract/articleshow/121638994.cms
Newgen Software shares surged on Thursday after the company secured a $2.5 million, five-year international order for its Enterprise Workflow and Content Management System. The deal includes licensing, implementation, and support services. Strong Q4 earnings and double-digit revenue growth in FY25 also boosted investor sentiment despite mixed stock performance year-to-date.
https://economictimes.indiatimes.com/markets/stocks/news/newgen-software-shares-soar-9-on-bagging-2-5-million-five-year-international-contract/articleshow/121638994.cms
Newgen Software shares surged on Thursday after the company secured a $2.5 million, five-year international order for its Enterprise Workflow and Content Management System. The deal includes licensing, implementation, and support services. Strong Q4 earnings and double-digit revenue growth in FY25 also boosted investor sentiment despite mixed stock performance year-to-date.
Share market update: Most active stocks on D-Street today in terms of volume
https://economictimes.indiatimes.com/markets/stocks/stock-watch/share-market-update-most-active-stocks-on-d-street-today-in-terms-of-volume/articleshow/121639047.cms
The NSE Nifty index was trading 100.55 points up at 24720.75
https://economictimes.indiatimes.com/markets/stocks/stock-watch/share-market-update-most-active-stocks-on-d-street-today-in-terms-of-volume/articleshow/121639047.cms
The NSE Nifty index was trading 100.55 points up at 24720.75
ECB Outlook: Lagarde faces balancing act amid divergent data
https://economictimes.indiatimes.com/markets/stocks/news/ecb-outlook-lagarde-faces-balancing-act-amid-divergent-data/slideshow/121639469.cms
The ECB is expected to deliver its eighth rate cut, but caution prevails as policymakers weigh diverging economic signals and long-term inflation risks.
https://economictimes.indiatimes.com/markets/stocks/news/ecb-outlook-lagarde-faces-balancing-act-amid-divergent-data/slideshow/121639469.cms
The ECB is expected to deliver its eighth rate cut, but caution prevails as policymakers weigh diverging economic signals and long-term inflation risks.
Sensex rises! These stocks are up over 10% on BSE
https://economictimes.indiatimes.com/markets/stocks/stock-watch/sensex-rises-these-stocks-are-up-over-10-on-bse/articleshow/121639222.cms
In the Nifty 50 index, 33 stocks were trading in the green, while 17 stocks were trading in the red.
https://economictimes.indiatimes.com/markets/stocks/stock-watch/sensex-rises-these-stocks-are-up-over-10-on-bse/articleshow/121639222.cms
In the Nifty 50 index, 33 stocks were trading in the green, while 17 stocks were trading in the red.
Stock market update: Stocks that hit 52-week lows on NSE
https://economictimes.indiatimes.com/markets/stocks/stock-watch/stock-market-update-stocks-that-hit-52-week-lows-on-nse/articleshow/121639453.cms
M&M, Bajaj Finance, IndusInd Bank, Bajaj Finserv and Maruti Suzuki were among the top losers on NSE.
https://economictimes.indiatimes.com/markets/stocks/stock-watch/stock-market-update-stocks-that-hit-52-week-lows-on-nse/articleshow/121639453.cms
M&M, Bajaj Finance, IndusInd Bank, Bajaj Finserv and Maruti Suzuki were among the top losers on NSE.