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Jio Financial hits 5% lower circuit for second straight day post listing Till 11:39 am; a combined 6.03 million shares changed hands, with pending sell orders for 106 million shares on the NSE and BSE Shares of Jio Financial Services locked in 5 per cent lower circuit at Rs 239.2 per share on the BSE in Tuesday's intra-day trade.

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PNB Housing Finance jumps 8% on recovery of Rs 784 crore corporate NPA So far this calendar year, the stock has rallied 56 per cent, as against a 6 per cent rise in the S&P BSE Sensex Shares of PNB Housing Finance surged 8.5 per cent to Rs 688 per share on the BSE in Monday's intra-day trade after it fully recovered its large corporate non-performing account...

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GMM Pfaudler tanks 11%, hits 52-week low after huge block deal Around 5.92 million equity shares representing 13 per cent of total equity of GMM Pfaudler changed hands at the counter on the BSE, the exchange data shows. Shares of GMM Pfaudler hit a 52-week low of Rs 1,350, as they slipped 11 per cent on the BSE in Friday’s opening trade after over 10 per cent of...

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ITC hits 2-month low; stock down 12 per cent from record high The board of ITC on Monday approved the Hotel demerger, with share entitlement ratio of 10:1 for the demerged entity. Shares of ITC hit two-month low at Rs 441, down 2 per cent on the BSE in Thursday’s intra-day trade. At 11:19 AM; the stock of cigarette-to-consumer goods conglomerate was top loser...

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HBL Power hits new high on healthy outlook; zooms 155% in three months The Cabinet Committee on Economic Affairs on Wednesday approved seven multi-tracking projects at an estimated cost of Rs 32,500 crore, under the PM Gati Shakti National Master Plan. Shares of HBL Power Systems (HBL) hit a new high of Rs 263.55, as they rallied 7 per cent on the BSE in...

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Gland Pharma freezes at 20% upper circuit on strong June quarter show The firm's gross profit margin was up 700 bp year-on-year (YoY) to 63 per cent for Q1 due to lower raw material costs. On a sequential basis, gross profit margin improved by 900 bp from 54 per cent Shares of Gland Pharma were locked in the 20 per cent upper circuit at Rs 1,612.60 on the BSE in...

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63 Moons zooms 52% in 5 days as MCX extends support service for 6 months Meanwhile, shares of MCX slipped 12 per cent to Rs 1,437 on the BSE. Shares of 63 Moons Technologies hit a fresh 52-week high of Rs 256.20, as they rallied 18 per cent on the BSE in Friday's intra-day trade after Multi Commodity Exchange of India Ltd (MCX) once again extended the software...

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Landmark Cars hits record high; up 11% in 2 days on institutional buying TPG Growth II SF Pte Ltd, on Friday, sold 4.46 million shares for Rs 293 crore through an open market transaction Shares of Landmark Cars hit a record high of Rs 766, surging 6 per cent on the National Stock Exchange (NSE) in Wednesday's intra-day trade. In the past two trading days, the...

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Voltas dips 4%, nears 52-week low on concerns of tepid growth in RAC biz As per management, the Room Air Conditioner business did well in April, but Voltas saw below-expected volume growth in the key month of May due to unseasonal rain. Voltas, part of the Tata Group, is engaged in the business of air conditioning, refrigeration, electromechanical projects as an...

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Ajanta Pharma hits 52-week high on upbeat branded generic business outlook The management is confident to scale up margins again in the coming years on the back of enhanced contribution from Branded Generics business and normalisation of freight costs

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KEC International surges 6% to hit 52-week high on Rs 1,373-crore order win The company is witnessing a good traction in the tower supply orders, especially in North America That apart, the company also bagged orders for 2 x 25 kV (kilovolt) Overhead Electrification (OHE) & associated works for speed upgradation.

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Mazagaon Dock extends rally to 8th straight day; zooms 27% in two days Going ahead, analysts at ICICI Securities perceive peak execution through to FY25E based on the current orderbook visibility. At 09:27 AM; Mazagaon Dock Shipbuilders was up 7 per cent at Rs 1,056, as compared to 0.04 per cent decline in the S&P BSE Sensex. The average trading volumes at the...

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Tata Motors hits over 6-year high; up 40% thus far in 2023 on solid outlook On June 2, Tata group signed an outline deal with the government of Gujarat to build a lithium-ion cell factory with an investment of about Rs 13,000 crore Tata Motors already has a plant operational at Sanand, and has also acquired the adjoining Ford Motors' plant. The process of...

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Titan Company hits record high; surges 6% in one week on stable outlook Titan's revenue to continue to record a healthy YoY growth over the next 2-3 years, driven by accelerated formalisation of the jewellery retail industry. Titan is a joint venture between the Tata Group and Tamil Nadu Industrial Development Corporation Limited (TIDCO). Titan is the market...

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IRCTC posts 30% rise in Q4 net profit at Rs 279 crore, declares final dividend The company's revenue from operations increased 39.6 percent to Rs 965 crore for the quarter under review as against Rs 691 crore in the same quarter last fiscal. The company's revenue from operations increased 39.6 percent to Rs 965 crore for the quarter under review, as against Rs...

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Zee Entertainment hits 52-week low, down 2% on weak March quarter earnings The advertisement revenues decline (amid weak ad spends), higher movie content and Zee5 costs impacted margins and one-off charges further exacerbating the bottomline pain. Shares of Zee Entertainment Enterprises (ZEE) hit a 52-week low of Rs 175.80, down 2 per cent on the BSE in Friday’s...

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Gland Pharma tanks 20%, hits record low on weak Q4 results Revenue declined 29% YoY due to lower offtake of the key products in developed as well as domestic markets and due to Production line shut down in Pashamylaram Penems facility due to line upgradation.

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SBI hits over 3-month high ahead of Q4 results; stock gains 8% in one month SBI is a sector proxy that benefits from its strong liability franchise and continued favourable sector tailwinds Shares of State Bank of India (SBI) hit over three-month high of Rs 590.10, up 1.4 per cent on the BSE in Tuesday's intra-day trade, ahead of its January-March quarter...