Shares of cement companies like UltraTech Cement, Dalmia Bharat, JK Cement, The Ramco Cements and Shree Cement were down in the range of 2 per cent to 6 per cent.
The stock moved higher to Rs 776.75, 21 per cent higher against the issue price of Rs 642 per share
Stocks to Watch: Aether Industries will be in focus as the speciality chemical maker is set to make its debut on the bourses today. The issue price has been fixed at Rs 642 per share.
According to the technical analyst from Anand Rathi, Elecon has confirmed a range breakout while HPCL seems to be testing support at its long-term trend line.
The technical analyst from HDFC Securities recommends buying Federal Bank 95 Call and simultaneously selling 100 Call for the June expiry.
While announcing its Q4FY22 results, Delhivery said that majority of the investments made by the company in FY22 were towards capacity and capability building in the form of capex.
As of 11:09 am; these stocks rallied up to 14 per cent on the BSE in intra-day trade today. In comparison, the S&P BSE Sensex was down 0.04 per cent.
Hindustan Motors was locked at 5% upper circuit at Rs 17.35 after 11.68 million equity shares changed hands till 10:15 am
PAT jumped nearly four-fold; Ebitda margins improved to 25.8 per cent from 15.1 per cent owing to shift in the product mix towards high- margin value-added products
Abdul Latif Jameel will make an initial investment of Rs 1,160 crore for 35.8 per cent stake on a fully diluted basis in Greaves Electric Mobility
Stocks to Watch today: Vedanta will be in focus as the company said a committee of its directors will meet this week to consider raising up to Rs 4,100 crore via debentures.
With schools/colleges opening in June 2022, there will be improvements in the footfalls in dealerships, according to analysts.
Analysts consider the south-west monsoon to be the lifeline of India's agri-based economy, as it is likely to brighten outlook for bumper crop output amid inflationary times post covid-19 blowout.
Rolex Rings said the company is witnessing a strong demand pull across domestic as well as export markets, especially in industrial rings and automotive exports.
Titan and Lupin seem poised for solid gains among Rakesh Jhunjhunwala's portfolio, while shares of Lupin, Star Health and Jubilant Pharmova can be avoided for now.
Galactico Corporate Services hit a new high of Rs 249.65 and was locked in upper circuit of 5 per cent for 14 straight trading days.
Analysts remain bullish on prospects of the company due to increase in crude price realisation and improvement in domestic gas price realisation.
The stock listed at Rs 271 on the BSE as against the issue price of Rs 256 per share. The IPO was subscribed 2.72 times.
The company has signed a contract worth Rs 2,971 crore with Ministry of Defence for supply of Astra Mark-I BVRAAMs and associate equipments to Indian Air Force and Indian Navy.
At 09:15 am; about 3.6 million equity shares representing 2.8 per cent of the total equity of Bata India had changed hands on the BSE, the exchange data showed.