NBCC shares jumped nearly 5% to Rs 183.70 in Thursday’s intraday trade on the BSE after the company announced a significant deal with Mahanagar Telephone Nigam Ltd (MTNL) for a project valued at approximately Rs 1,600 crore. The two companies signed a Memorandum of Understanding (MoU) on September 11, 2024, to collaborate on developing a … Read more
Benchmark Sensex reversed its early gains to close lower by 398 points on Wednesday amid weak global trends. In today’s trade, shares of Tata Steel, Arvind Fashions, Route Mobile, Adani Ports, NBCC among others will be in focus due to various news developments. SBIState Bank of India, PT Bank KEB Hana Indonesia and Bank SBI … Read more
Logging its longest winning run in nearly a year, benchmark BSE Sensex rose for the 10th straight day to close at a fresh lifetime high on Monday. Stocks that were in focus include names like NBCC, which rose 0.42%, Adani Ports, which jumped 0.85%, and Varun Beverages, whose shares gained nearly 1.86% on Monday. Here’s … Read more
State-owned NBCC (India) Ltd on Saturday said the board has approved issue of bonus shares in a ratio of 1:2 to eligible shareholders and the company will utilise Rs 90 crore free reserve for this purpose. In a regulatory filing, the company informed that the board has approved issuance of bonus shares and fixation of … Read more
Shares of the central PSU NBCC surged 8% on Wednesday to its day’s high of Rs 192.40 on BSE after the company’s board announced that it would consider the issue of bonus shares in the upcoming board meeting. “It is hereby informed that meeting of Board of Directors of the Company, NBCC (India) Limited, is … Read more
Amid mixed global cues, Indian equity indices Sensex and Nifty opened slightly higher on Wednesday, driven by gains in auto and energy stocks. The BSE Sensex was up 89 points, or 0.11%, at 81,799, while the Nifty50 rose 19 points, or 0.08%, to 25,036—just 42 points shy of its all-time high—around 9:22 am. From the … Read more
Starting August 1, stocks such as Adani Power, Yes Bank, Suzlon, Hudco, Bharat Dynamics, Bharti Hexacom, IRB Infrastructure, NBCC, Go Digit, Tata Investment, Paytm, and Inox Wind, among 1,010 securities, will not be accepted as collateral. This change comes as the National Stock Exchange (NSE) revises the criteria for securities eligible as collateral. NSE Clearing … Read more
Indian market is expected to trade higher and might even hit fresh record highs tracking positive global cues. The Nifty future closed positive with gains of 0.67% at 24365 levels on Wednesday. India VIX was down by 3.19% from 13.67 to 13.20 levels. On the options front, the maximum Call OI is placed at 25,000 … Read more
Investors are always on the hunt for multibagger stocks, which can significantly multiply in value within a relatively short time period. The real advantage lies in finding stocks that not only deliver such impressive returns but also maintain consistent performance. An analysis of equities over the past four quarters revealed nine stocks that have consistently … Read more
PSU stocks Cochin Shipyard and Bharat Dynamics witnessed a sharp fall by 10% to Rs 1,630.55 and Rs 1,293.35 respectively as the BSE PSU index fell by 4% soon after markets opened on Wednesday following the disappointing Lok Sabha election results. The index ended nearly 16% lower on Tuesday as the Narendra Modi-led BJP failed … Read more
