Analysts at Emkay Global Financial Services believe improving inflow and lower raw-material cost will imply better earnings for KPTL in the coming times.
The tyre industry is expected to perform well mainly due to easing out of pandemic, increasing demand from OEMs and replacement segment.
At 09:15 am; around 22.68 million equity shares representing 5.65 per cent of the total equity of Syngene changed hands on the BSE, the exchange data shows.
Shares of DreamFolks Services listed at Rs 508.70, a 56 per cent premium when compared with the issue price of Rs 326 per share on the National Stock Exchange (NSE) on Tuesday.
Shares of Schaeffler India soared 10 per cent to hit a new high in Monday's intra-day trade. The stock has surged 16 per cent in the last four days.
Stocks to Watch Today: Tamilnad Mercantile Bank's IPO will open for subscription in the price band of Rs 520 - 525 on Monday.
CLOSING BELL: ITC, the biggest cigarette maker, and the second largest fast moving consumer goods (FMCG) company in India, regained the market capitalisation of Rs 4 trillion on Friday
On August 30, 2022, the Adani group published a detailed public statement about the NDTV's open offer, which will tentatively open on October 17, 2022, subject to the market regulator's approval.
ArcelorMittal, Brookfield and Canada Pension Plan Investment Board were among over dozen entities that evinced interest to buy stake in green energy arm NTPC Green Energy (NGEL)
Index heavyweights, Reliance Industries and Tata Consultancy Services contributed the most to the sharp cuts as they slipped between 2-3 per cent.
CLOSING BELL: Reliance Industries tanked 3 per cent today, contributing nearly 30 per cent of the losses on the Sensex
As of 12.14 pm, these stocks gained between 5 per cent and 20 per cent, as against 0.85 per cent decline in the Sensex at 59,032 points.
On Tuesday, August 30, 2022, Ashish Rameshchandra Kacholia purchased 318,000 equity shares, representing 1.3 per cent stake in Best Agrolife for Rs 30 crore on the NSE, data shows.
Stocks to watch today: Biocon received 11 observations in Form 483 for their Bengaluru and Mayalsia facilities from the USFDA; Ashok Leyland won orders from major fleets for 1,400 school buses in UAE.
CLOSING BELL: Benchmark indices clocked their biggest intra-day gain since May 20 as broad-based buying emerged across sectors
In the past six months, the stock price of BLS International soared 150 per cent, as against 5 per cent gain in the benchmark index.
Adani Transmission surpassed HDFC, LIC, Bajaj Finance and Bharti Airtel in market cap ranking on Tuesday
CLOSING BELL: Mukesh Ambani laid out succession plan with Akash Ambani championing telecom, Isha Ambani controlling Retail, and Anant Ambani joining new-energy vertical
Stocks to watch today: Reliance Industries will hold their 45th Annual General Meeting on Monday, August 29; Tons of biscuits were destroyed after a major fire broke out at Britannia's Pantnagar plant
Analyst at Swastika Investmart attributed the good listing to positive market sentiment, outstanding prospects, and a good response from the investors.