Analysts believe, the textile space witnessed a healthy consolidation in past couple of years and is now resuming the upward momentum.
Thus far in the calendar year 2024, the FMCG index was up 1.4 per cent, as against 13.5 per cent rally in BSE Sensex.
The average trading volumes at the counter jumped over two-fold with a combined 30.9 million shares representing 13.3% equity of the company changing hands on the NSE and BSE till 02:57 pm.
BSE, Angel One, CDSL, PB Fintech and Delhivery have rallied up to 19 per cent in the last four trading sessions backed by a notable rise in open interest; here's what the technical charts suggest.
Motilal Oswal Financial Services initiated coverage on NAM India with a BUY rating and a one-year target price of Rs 900.
Last month, Vedanta said that demerger on track and in its final stages, with shareholder and creditor meetings scheduled in the coming months.
The relaunch of BSE derivatives products has proved to be a trend-changing measure for BSE's revenue and profitability, Motilal Oswal Financial Services said.
Shares of Dhani Services hit an over two-year high of Rs 97.49, surging 15 per cent on the BSE in Friday's intra-day trade amid heavy volumes in an otherwise range-bound market.
At 11:49 am; with Rs 2.91 trillion market-cap Zomato was trading 5% higher at Rs 301.50, as against 0.38% decline in the BSE Sensex.
Various factors like renewed buying by foreign investors, global cues and improving sentiment among other reasons were seen driving the markets today
SBI has demonstrated its strength in the last few quarters both on core operating performance and asset quality, while, management remains confident on growth, maintenance of margins and steady RoA.
Shares of 63 Moons Technologies hit over decade high of Rs 766.60, as they locked in upper circuit of 5% on the BSE and rallied 33% in 8 trading days.
Shares of PB Fintech, which owns online financial services platform, PolicyBazaar hit a new high at Rs 2,017, as they rallied 5 per cent on the BSE in Wednesday's intra-day trade.
As per media sources, China has announced that it will implement stricter end-user and end-use reviews for graphite exports to the US.
According to reports, promoter Varun Alagh increased his stake in the company to 31.93 per cent.
Motilal Oswal Financial Services believes that the company is very well placed to continue to outpace industry growth and gain market share.
Shares of Enviro Infra Engineers soared 19% to Rs 263.90 on the BSE in Tuesday's intra-day trade, and quoted at 78% premium over its issue price of Rs 148 per share.
Among SmallCaps - Ramco Systems, Goldiam International, Atul Auto, OM Infra, Black Box, Gallantt Ispat, Cochin Shipyard, Refex Industries and EPACK Durable were locked at the 20% upper limit on BSE.
Shares of EPIC Energy continued their upward movement, hitting a multi-year high at Rs 121.85, and were locked at the 2 per cent upper circuit on the BSE in Monday's intra-day trade.
Shares of Knowledge Marine & Engineering Works (KMEW) hit a new high of Rs 2,343.05, as they rallied 10 per cent on the BSE in Monday's intra-day trade in an otherwise range-bound market.