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 Franceβs 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 Franceβs 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 Incβs 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 companyβs 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 companyβs 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 24,200β25,100. 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 24,200β25,100. 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.
Sika Interplant Systems shares soar 63% in 3 days, hit 52-week high on key licensing deal with Collins Aerospace
https://economictimes.indiatimes.com/markets/stocks/news/sika-interplant-systems-shares-soar-63-in-3-days-hit-52-week-high-on-key-licensing-deal-with-collins-aerospace/articleshow/121639558.cms
Sika Interplant Systems shares: Sika Interplant Systems surged 63.2% over the past three trading sessions.
https://economictimes.indiatimes.com/markets/stocks/news/sika-interplant-systems-shares-soar-63-in-3-days-hit-52-week-high-on-key-licensing-deal-with-collins-aerospace/articleshow/121639558.cms
Sika Interplant Systems shares: Sika Interplant Systems surged 63.2% over the past three trading sessions.
Sensex rises! But these stocks are down 5% or more on BSE
https://economictimes.indiatimes.com/markets/stocks/stock-watch/sensex-rises-but-these-stocks-are-down-5-or-more-on-bse/articleshow/121639587.cms
In the Nifty pack, 23 stocks were trading in the green, while 27 stocks were trading in the red.
https://economictimes.indiatimes.com/markets/stocks/stock-watch/sensex-rises-but-these-stocks-are-down-5-or-more-on-bse/articleshow/121639587.cms
In the Nifty pack, 23 stocks were trading in the green, while 27 stocks were trading in the red.
Stock market update: Power stocks up as market rises
https://economictimes.indiatimes.com/markets/stocks/stock-watch/stock-market-update-power-stocks-up-as-market-rises/articleshow/121639702.cms
The 30-share BSE Sensex was up 277.66 points at 81275.91
https://economictimes.indiatimes.com/markets/stocks/stock-watch/stock-market-update-power-stocks-up-as-market-rises/articleshow/121639702.cms
The 30-share BSE Sensex was up 277.66 points at 81275.91
Sunil Singhania picks stake in Indegene, stock up 4%
https://economictimes.indiatimes.com/markets/stocks/news/sunil-singhania-picks-stake-in-indegene-stock-up-4/articleshow/121639747.cms
Indegene shares: Abakkus was one of several institutional investors that participated in the transaction through which private equity giant Carlyle Group fully exited its 10.2% stake in the digital healthcare company.
https://economictimes.indiatimes.com/markets/stocks/news/sunil-singhania-picks-stake-in-indegene-stock-up-4/articleshow/121639747.cms
Indegene shares: Abakkus was one of several institutional investors that participated in the transaction through which private equity giant Carlyle Group fully exited its 10.2% stake in the digital healthcare company.
Fed Faces Challenge: Balancing growth and inflation
https://economictimes.indiatimes.com/markets/stocks/news/fed-faces-challenge-balancing-growth-and-inflation/slideshow/121640101.cms
https://economictimes.indiatimes.com/markets/stocks/news/fed-faces-challenge-balancing-growth-and-inflation/slideshow/121640101.cms
Stock market update: Nifty IT index advances 0.33% in an upbeat market
https://economictimes.indiatimes.com/markets/stocks/stock-watch/stock-market-update-nifty-it-index-advances-0-33-in-an-upbeat-market/articleshow/121639923.cms
The Nifty IT index was trading 0.33 per cent up at 37060.2.
https://economictimes.indiatimes.com/markets/stocks/stock-watch/stock-market-update-nifty-it-index-advances-0-33-in-an-upbeat-market/articleshow/121639923.cms
The Nifty IT index was trading 0.33 per cent up at 37060.2.