Adani Green shares surged after SEBI cleared Hindenburg allegations. Jefferies set Rs 1,300 target, citing capacity growth, strong PPAs, and debt reduction, while risks include execution delays and US probe. Q1 profit rose 60%.Read More
Shares of Rail Vikas Nigam Ltd (RVNL) have seen an impressive rally, surging 12.5% over eleven sessions, mirroring a broader recovery in railway-linked stocks like Titagarh Rail and IRFC. This rebound is fueled by a reset in valuations and new contract wins, including a Rs 169 crore project from West Central Railway.Read More
Shares of Redington Ltd surged 7.59% to Rs 310 on the BSE, gaining 28% over the past five sessions amid optimism around Apple’s iPhone 17 launch. The stock’s rally reflects confidence in Redington’s long-standing Apple distribution partnership and strong execution across high-growth markets. Over the last six months, the share has gained 36.7%, highlighting renewed...Read More
Texmaco Rail & Engineering share price: Texmaco Rail & Engineering secured a fresh order worth Rs 86.85 crore from UltraTech Cement for BCFC wagons and a Brake Van, with delivery by March 2026. Recent wins, including contracts from RVNL and Leap Grain Rail Logistics, highlight strong momentum in the wagon and engineering segment.Read More
On Friday, gold and silver prices on the MCX rebounded from early lows, while international gold prices remained flat. The Federal Reserve’s rate cut failed to meet dovish expectations, leaving investors awaiting further cues on U.S. policy. Manoj Kumar Jain suggests specific trading ranges for gold and silver on the MCX, advising to sell silver...Read More
Bank of Japan maintains interest rates. However, it signals a possible future tightening of monetary policy. This decision surprises markets. Nikkei declines, and the yen strengthens. The central bank plans to sell its ETF holdings. Japanese government bond yields rise. Investors anticipate potential rate hikes later this year. Focus now shifts to Governor Kazuo Ueda’s...Read More
Canara Bank shares are performing well. The stock price increased by 2.2% on Friday. It reached an intraday high of Rs 117.85 on the BSE. The stock is close to its 52-week high. Technical data suggests continued support. Trading volumes are strong, indicating active market participation. The relative strength index shows firm momentum. Buying interest...Read More
JSW Energy shares surged following the announcement of JSW Neo Energy’s acquisition of Tidong Power Generation for Rs 39 crore, supporting its 30 GW renewable energy target by FY 2030. Additionally, GE Power’s boiler business demerger into JSW Energy, with a share exchange ratio, further fueled investor optimism.Read More
Bloomberg Index Services is gauging investor sentiment regarding the inclusion of Indian government bonds in its global aggregate index, following their addition to the emerging market local currency bond index in January 2025. With $502 billion in fully accessible securities, India could attain a 0.7% weightage, becoming the ninth largest in the index.Read More
iValue Infosolutions’ Rs 560 crore IPO is 37% subscribed on Day 2, with retail investors at 59% and NIIs at 33%. The OFS includes 1.87 crore shares priced at Rs 284–299, and the issue remains open for bidding until September 22, with listing expected on September 26.Read More
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