Nifty 50: Top gainers, losers and high volume stocks (2024)

Today's Insights

07 Mar 2024

HDFC Bank Ltd. Red flag

HDFC Bank’s deposit growth lags loan growth

Housing and Urban Developm... Signs MoU

HUDCO signs an MoU to provide credit up to Rs 5,000 crore for a feeder-level solarisation scheme

Tata Motors Ltd. Price Hike

Tata Motors hikes the prices of its commercial vehicles by 2%, effective April 1

Ahluwalia Contracts (India... Order Win

Ahluwalia Contracts bags three construction orders aggregating to Rs 339 crore

Promoter Sale

Suzlon Energy Ltd. Order Win

Suzlon Energy bags an order from Juniper Green Energy for a 72.5 MW wind power project

JSW Steel Ltd. Rising Production

JSW Steel's February crude steel production rises 4.8% YoY to 21.5 lakh tonnes

Hindustan Aeronautics Ltd. Contract Amendment

Hindustan Aeronautics ups order value for light combat aircraft supply to Rs 5,078 crore

Mukka Proteins Ltd. IPO Listing

Mukka Proteins’ shares debut at Rs 40, a 42.9% premium to the issue price of Rs 28

Bajel Projects Ltd. CEO Resignation

Bajel Projects' CEO Sanjay Bhagat resigns, effective from March 31

NLC India Ltd. Promoter Sell

Govt to sell up to 7% stake in NLC India through offer for sale

Prestige Estates Projects ... Product Launch

Prestige Estates Projects launches a residential project with Rs 800 crore revenue potential

Jupiter Wagons Ltd. Order Win

Jupiter Wagons bags a Rs 956.9 crore order from the Ministry of Railways for 2,237 wagons

06 Mar 2024

NLC India Ltd. Order Win

NLC India’s arm, NLC India Green Energy, bags an order from Gujarat Urja Vikas Nigam (GUVNL) to supply 600 MW…

JSW Energy Ltd. Order Win

JSW Energy's step-down subsidiary signs an agreement to supply 500 MWh of battery storage systems

KPI Green Energy Ltd. Order Win

KPI Green Energy is rising as it bags an order to execute 9.4 MW of solar power projects

Indiabulls Real Estate Ltd. Vacate Order

MIDC orders Indiabulls Real Estate to vacate 512.1 acres in Nashik

Force Motors Ltd. Rising Wholesales

Force Motors' February wholesales marginally rise by 0.2% to 2,461 units

IIFL Finance Ltd. Financial Support

Fairfax India to invest up to $200 million in liquidity support to IIFL Finance

Aavas Financiers Ltd. Bulk Deal

Lake District Holdings sells a 7.4% stake in Aavas Financiers in a bulk deal on Tuesday

Centum Electronics Ltd. Order Win

Centum Electronics gets a Rs 187 crore order from the DRDO to set up space-based EW payloads

J Kumar Infraprojects Ltd. Order Win

J Kumar Infraprojects wins a Rs 912.3 crore order to develop a coastal road

Samvardhana Motherson Inte... Block Deal

Reported block deal of 4.7% stake in Samvardhana Motherson; likely seller Sumitomo Wiring

Mahanagar Gas Ltd. Price Cuts

Mahanagar Gas reportedly cuts CNG price in Mumbai by 3.3% to Rs 73.5 per kg

JM Financial Ltd. RBI Order

RBI orders JM Financial to suspend financing against shares and debentures immediately

05 Mar 2024

HCL Technologies Ltd. Analyst Sell

CLSA downgrades HCL to 'Sell' from 'Underperform', sets a target price of Rs 1,536

Tata Consultancy Services ... Analyst Sell

CLSA downgrades TCS to 'Sell', cites expensive valuations and weak growth outlook

Union Bank of India Analyst Buy

ICICI Dir keeps its 'Buy' rating on Union Bank of India, expects a profit CAGR of 34% over FY23-26

Power Mech Projects Ltd. Order Win

Power Mech Projects bags two orders worth Rs 658.6 crore from state government agencies

Strides Pharma Science Ltd. US FDA Approval

Strides Pharma Science's arm receives US FDA approval for its Gabapentin Tablets

Honasa Consumer Ltd. Stake Sale

Fireside Ventures cuts stake in Honasa Consumer to 5.5% from 7.6% in the past two months

Shoppers Stop Ltd. Enters Partnership

Shoppers Stop partners with Ace Turtle to expand its khaki business, Dockers

Infibeam Avenues Ltd. RBI Approval

Infibeam Avenues receives RBI’s final approval to operate as an online payment aggregator

IIFL Finance Ltd. RBI Order

The RBI directs IIFL Finance to discontinue its gold loans business with immediate effect

Exicom Tele-Systems Ltd. IPO Listing

Exicom Tele-Systems’ shares debut at Rs 265, an 86.6% premium to the issue price of Rs 142

Platinum Industries Ltd. IPO Listing

Platinum Industries’ shares debut at Rs 225, a 31.6% premium to the issue price of Rs 171

Jindal Stainless Ltd. Promoter Buy

Virtuous Tradecorp, promoter of Jindal Stainless, buys a 0.8% stake, now holds 7.4%

Krishna Institute of Medic... Signs Agreement

KIMS signs agreements to set up a hospital in Thane with an investment of Rs 500 crore

Krishna Institute of Medic... Signs Agreement

KIMS signs agreements to set up a hospital in Thane with an investment of Rs 500 crore

Macrotech Developers Ltd. QIP Issue

Macrotech Developers' board approves the QIP issue of shares worth Rs 3,300 crore

04 Mar 2024

Tata Motors Ltd. Demerger Approval

Tata Motors' board approves the demerger of its PV and CV business into two separate entities

MOIL Ltd. Rising Volumes

MOIL's manganese order production grows by 15% YoY to 1.5 lakh tonnes in Feb 2024, sales up 18% YoY

HG Infra Engineering Ltd. Order Win

HG Infra Engineering wins a construction order worth Rs 447.1 crore from the South Central Railway

Ami Organics Ltd. Gets Patent

Ami Organics gets two process patents from the Indian govt, valid for 20 years

Star Health and Allied Ins... Block Deal

APIS Growth sells a 1.7% stake (99.6 lakh shares) in Star Health in a block deal on Friday

Allcargo Logistics Ltd. CEO Retirement

Allcargo Logistics' CEO Sandeep Anand retires, effective February 29

Godrej Properties Ltd. Signs Agreement

Godrej Properties signs agreements for a township with an estimated booking value of Rs 5,000 crore

Welspun Corp Ltd. Expansion

Welspun Corp's subsidiary to set up a manufacturing facility at Rs 400 crore

NTPC Ltd. Investment Approval

NTPC's board approves a Rs 17,195.3 crore investment to set up two 800 MW power plants

Rising Volumes

Adani Ports' cargo volumes rise 33% YoY to 35.4 million metric tonnes in February