S&P Global Ratings expects Airtel's earnings and cash flows to rise over the next 24 months, benefitting from the industry-wide hike in mobile tariffs in India.
Adani Green Energy, Adani Energy Solutions and Adani Total Gas rallied up to 22% on the NSE in intra-day trade, after inclusion in F&O segment on Friday.
Long-term steel demand buoyancy augurs well for the company and it is well-positioned to capitalise on the existing and emerging opportunities in the market, believes the management.
Ind-Ra expects the consolidated order book of L&T to grow at a sustainable pace over FY25-FY26 due to order inflows from both domestic and international segments.
At 11:09 am; Adani Total Gas was trading 14% higher, while Adani Green and Adani Energy Solutions were locked in the 10% upper circuit, as compared to nearly 1% decline in the BSE Sensex.
In the past six months, HDFC Bank has outperformed the market by surging nearly 20 per cent, as compared to 6.7 per cent rise in the BSE Sensex.
Shaily Engineering Plastics hit a new high of Rs 1,247, as they surged 12% on the BSE in Wednesday's intra-day trade in an otherwise range-bound market.
Paras Defence, Ravindra Energy, Zaggle Prepaid Ocean Services, Oriental Rail Infrastructure, Puravankara and Veritas (India) from the BSE Smallcap index have locked in upper circuit.
Genesys International continued its upward movement for the fourth straight day, hitting a new high of Rs 924.80, and gaining 5 per cent on the BSE in Wednesday's intra-day deal.
At 12:19 pm; NTPC Green market-cap stood at Rs 1.02 trillion, while the stock had surged to Rs 121.15 - up 12 per cent when compared to its issue price of Rs 108 per share.
UBS believes Swiggy is well positioned to benefit from the rapid growth in India's food delivery and quick commerce markets with an estimated GMV and revenue CAGR of 35% and 29% over FY24-27e.
Siyaram Silk Mills stock hit a high of Rs 788, and was trading at its highest level since December 2017 in an otherwise subdued market on expectation of strong earnings.
Till 01:10 pm; a combined 27.04 million shares representing 8.5 per cent of total equity of Triveni Turbine changed hands on the NSE and BSE.
Experts said the institutional flows on Monday was largely a one-off event due to MSCI buying and selling and not a change in trend
Stock Market Highlights: The day ended in favour of the bulls, with 47 out of 50 constituent stocks of the Nifty50 ending in the green, led by ONGC, BEL, BPCL, and Shriram Finance
The regulator has proposed two means for the bourses to diversify their current ownership: a 100 per cent sell down of the holding in question or the initial offloading of a 49 per cent stake to
The NSE Nifty topped the 24,300-level, and was up 350 points following BJP-led Mahayuti alliance landslide victory in Maharashtra elections. Index heavyweights SBI and RIL were the top gainers so far.
While the rally on Friday of 1,961-points was mostly led by positive global cues amid some buying in Adani group shares, the up move on Monday was triggered by the outcome of Maharashtra polls
Index heavyweights ICICI Bank, Reliance Industries, SBI and Infosys lead the market rally, contributing nearly 40 per cent of the day's gain on Friday
In Q2 the company delivered impressive 31.8% YoY revenue growth, of which 23.0% was organic, driven primarily by volume, with contributions coming from both its existing and newly launched centres.