Markets / Business Today
GR Infraprojects shares traded at Rs 1050.75 against the previous close of Rs 1047.15. Market cap of the firm stood at Rs 10,162 crore.
Hindalco share price: The stock was last seen trading 1.53 per cent lower at Rs 682.85. At this price, it has climbed 11.81 per cent in the calendar year 2025 so far.
Even with a 50 per cent pass on via price hikes of 4 per cent could impact US auto demand by 8 per cent or 10 lakh vehicles. This is against 1.6 crore new US car sales in 2024.
NHPC stock rose 7% to Rs 86.91 on Friday on BSE. Market cap of the firm stood at Rs 85,463 crore.
Shares of BEML extended its gains on Friday as the stock rose another 7 per cent, taking its gains over 22 per cent in two trading sessions, including a 17 per cent rise on Thursday.
SpiceJet share price: The scrip traded lower than the 5-day, 10-, 20-, 30-, 50-, 100-, 150-day and 200-day simple moving averages (SMAs).
BHEL share price: The PSU stock climbed 3.03 per cent to hit a high of Rs 220.95. The scrip is flat year-to-date but is down 9 per cent for the six-month period.
On the stock-specific front, Ashok Leyland traded lower despite the order win announcement. Last checked, the stock was down 0.79 per cent at Rs 207.
BSE share price: The stock soared 14.52 per cent to hit a high of Rs 5,364.40. Last checked, it was up 14.72 per cent at Rs 5,373.75. At this price, the scrip has gained 44.87 per cent in six months.
The order is from grid connected solar PV power project to be developed in Rajasthan at a tariff of Rs. 2.57/kWh for 25 years. LOA is for supply of power for 25 years.
The findings showed that institutional investors subscribed to 35.5 times the number of sharesallocated to firms that disclosed risks, compared with 15.21 times for firms that did not disclose risks.
Shares of BSE surged as much as 12 per cent during the trading session on Friday as the capital markets regulator Sebi issued a consultation paper on future and options (equity derivative expiry day.
The firm inked a facility agreement for raising External Commercial Borrowing (ECB) from SBI, Tokyo Branch for JPY 26 billion, including a Green Shoe Option of JPY 10 billion.
BEL stock has clocked multibagger returns of 231% in two years and 343% in three years.
BNP Paribas said IndusInd Bank's foreign deposits constitute a mere 1.6 per cent of liabilities but its recently indicated absolute derivatives loss appears to be over 20 per cent of its total foreign deposit book.
Shares of NTPC Green Energy climbed3.18% to Rs 103 on BSE in the previous session. Market cap of the firm rose to Rs 86,791 crore. The stock saw a turnover of Rs 5.73 crore on BSE.
Gurugram is an extremely important market for Godrej Properties. It is looking to strengthen its presence in the location in the coming years.
Nifty: JM Financial said its analysis indicates that the Nifty has exhibited a positive price seasonality in April. In the last 10 years, the index has closed in the green on 7 occasions with an average return of 2.4 per cent.
Nuvama said that SignatureGlobal has built up a robust pre-sales momentum, notable presence in the supply-constrained Gurugram market and a capital-efficient business model.
TVS Holdings Ltd will turn ex-dividend today. The company had announced an interim dividend of Rs 93 per share earlier. Shares of Matrimony.com Ltd would also turn ex-dividend today.
Stocks including Infosys, UltraTech, HCL Technologies, HAL, Asian Paints, BEL, Jio Financial, PFC, Adani Green, ABFRL, Raymond and CESC will be in the spotlight on Friday, March 28.
An analyst from Axis Securities said that Tata Motors has established a near-term bottom, followed by a rally that encountered resistance, a classic example of previous support turning into resistance.
By concentrating the expiry of contracts on these two specific days, SEBI aims to simplify the operations for market participants and potentially enhance market efficiency by reducing the number of days derivatives expire across the week.
Senco Gold share price: The stock rose 0.61 per cent to close at Rs 279. At this price, the scrip has climbed 22.53 per cent from its adjusted one-year low of Rs 227.70, seen earlier this month on March 17.
The public offer comprises offer for sale of up to 7,786,120 equity shares with face value Rs 5 each share
Adani Power shares ended 4.39% higher at Rs 519.65 on BSE. Market cap of the firm climbed to Rs 2 lakh crore.
Stock market veteran Shankar Sharma took a dig at current market volatility and state assembly elections on the stock media platform 'X' (formerly known as Twitter).
Trent share: The foreign brokerage said Trent has balanced doubling its Zudio store count over FY23-25 with improving its return ratios to 25 per cent-plus levels.
HUDCO's stock moved up 3.48 per cent to hit an intraday high of Rs 203.50. It eventually settled 2.06 per cent up at Rs 200.70. At this price, the scrip has slipped 15.57 per cent on a year-to-date (YTD) basis.
Shares of HAL rose 2 per cent to Rs 4209.20. The defence stock has climbed 28.29 per cent in the past one month and is flat for 2025.
Adani Energy Solutions shares rose 8.18% to Rs 868.70 in the current session against the previous close of Rs 802.90 on BSE. Market cap of the firm climbed to Rs 1.06 lakh crore.
IT major Wipro has secured a 10-year mega deal worth $650 million deal with UK-based insurer Phoenix Group but the brokerage firms continue to remain dismal on it.
Dilip Buildcon share price: The stock surged 5.42 per cent to hit a day high of Rs 479.25. It was last seen trading 4.07 per cent up at Rs 473.10. At this price, the scrip has fallen 10.67 per cent in the last six months.
United Spirits dividend: Total 0.12 lakh shares of the firm changed hands amounting to a turnover of Rs 1.66 crore. Market cap of United Spirits stood at Rs 1.01 lakh crore on BSE.
Dixon Technologies shares rose 3.14% to Rs 13,669 on BSE on Thursday. Market cap of the multibagger stock stood at Rs 80,856 crore.
Individuals are sharing Ghibli-inspired versions of family photos, viral images, and more. Additionally, brands are leveraging this feature for promotional purposes.
Domestic brokerage firms Nuvama & JM Financial have initiated coverage on one of the recently-listed Jhunjhunwala stock and they seean upside potential of 80 per cent in the stock.
RailTel Corp stock was trading on a flat note at Rs 306.90 against the previous close of Rs 308.10 on BSE.
IREDA's board has recently cleared a borrowing programme of up to Rs 30,800 crore for the financial year 2025-26 (FY26). Before this, IREDA mentioned that its borrowing limit was increased by Rs 5,000 crore to Rs 29,200 crore for FY25.
Tata Motors was trading 5.21 per cent lower at Rs 671.10. Sona BLW Precision Forgings Ltd was down 3.71 per cent at Rs 478. SAMIL declined 2.07 per cent to Rs 132.20. Bharat Forge Ltd reversed early losses.
Ola Electric share price: The stock was last seen trading 3.71 per cent up at Rs 53.68. Despite the mentioned uptick, it has crashed 47.48 per cent in the last six months.
Accenture, Capgemini, CGI, DXC, EPAM, Genpact and India listed companies such as HCL Technologies Ltd, Infosys Ltd, Tata Consultancy Services Ltd (TCS) and Wipro Ltd are Cognizant's peers.
Adani Ports stock was trading 0.03% lower at Rs 1181.45 on Thursday against the previous close of Rs 1181.75 on BSE.
Defence stocks finally saw a strong recovery after witnessing pain for the last six to eight months. We have seen a strong recovery from the lower levels in the defence pack, Arpit Beriwal told Business Today.
BSE paid a total dividend of Rs 15 per share in FY24, Rs 12 per share in FY23, Rs 13.50 per share in FY22, Rs 21 in FY21 and Rs 17 in FY20, as per AceEquity.
Wipro inked a 10-year, $650-million (500 million) contract with ReAssure UK Services Limited, a part of Phoenix Group, UK's largest long-term savings and retirement business.
Tata Motors share price: The stock slumped 6.58 per cent to hit a day low of Rs 661.35. It was last seen trading 5.32 per cent lower at Rs 670.30. At this price, the scrip has slipped 32.49 per cent in the last six months.
Led by Tata Motors, Indian automobile stocks saw a sharp downfall on Thursday after the US President Donald Trump announced painful tariffs of 25 per cent on all imported vehicles and parts.
Emkay Global said it is better to enter at a higher valuation when risks are more compressed and sacrifice some upside than go bottom fishing in a banking stock.
The stock opened higher in the current session. Market cap of the firm climbed to Rs 1.91 lakh crore.