NEWS ON ENGINEERING
-
December 22, 2022, Thursday
DCX Systems tanks 32% from listing day high; stock nears issue price
The stock slipped 9% to Rs 210.50 in Thursday's intra-day trade, was trading close to its issue price of Rs 207 per share on the BSE.
-
December 22, 2022, Thursday
Triveni Turbine, Triveni Engg trade ex-date for buyback; shares dip 6%
These companies had fixed December 23, as the Record Date for the purpose of determining the entitlement and eligibility of share holders to in ...
-
December 20, 2022, Tuesday
Worried about promoters cutting stake? Here's tech view on Dabur, TVS Motor
Prominent promoters have recently offloaded stake in companies like TVS Motor, GMM Pfaudler via block deals, few others plan to do so in the ...
-
December 20, 2022, Tuesday
Stocks to Watch: Hinduja Global, Just Dial, IRB Infra, SWRE, Ramco Systems
Stocks to Watch Today: Larsen & Toubro is also likely to see some action on Tuesday as the engineering major is looking to pare stake in its ...
-
December 19, 2022, Monday
Stocks to Watch: Tata Power, M&M, Tata Motors, Ashoka Buildcon, Spandana
Stocks to Watch Today: Balrampur Chini, BHEL, Delta Corp, GNFC, Indiabulls Housing Finance, IRCTC and PNB are the seven stocks in F&O ban period ...
-
December 17, 2022, Saturday
L&T, CPPIB divest stake in L&T Infra Projs to Edelweiss SPV for Rs 2,723 cr
Enterprise value pegged at Rs 6,000 crore; portfolio includes 8 roads and one power transmission asset; deal closure likely by end of FY23
-
December 16, 2022, Friday
Mahindra CIE surges 16% in two days, hits 52-week high in weak market
India is projected to be one of the fastest growing large economies in the world and CIE Automotive's global strategy continues to focus on ...
-
December 16, 2022, Friday
F&O Call: Nandish Shah recommends Bear Spread strategy in HAL
The derivative analyst from HDFC Securities recommends to Buy HAL 2600 Put and simultaneously Sell 2500 Put for the December expiry.
-
December 15, 2022, Thursday
Trading strategies in IRCTC, other rail-related stocks amid stake sale buzz
IRCTC has consistently faced resistance around the Rs 800-mark; break below Rs 660 can further weaken the stock, chart indicates.
-
December 14, 2022, Wednesday
SBI, Axis Bank, Larsen & Toubro among Sensex 30 hit fresh all-time highs
In the past one month, SBI up 3% has underperformed the PSU Bank index, which surged 21% during the period.
-
December 14, 2022, Wednesday
Triveni Turbine surges 5%, hits new high on fixing record date for buyback
With strong focus in enquiry generation and aggressive coverage plans, both in domestic and international markets, the management expect to ...
-
December 12, 2022, Monday
Bharat Forge: Diversification, lower input costs should reap benefits
Bharat Forge is the largest exporter in forgings components globally, with around 60 global customers and about 68 per cent of its revenue from ...
-
December 12, 2022, Monday
Bharat Forge gains 2% on healthy medium term growth prospects
The spike comes after the management re-iterated healthy medium term revenue prospects, supported by growth in defense, aerospace, e-mobility, ...
-
December 12, 2022, Monday
2022 in review: IPOs that doubled your money or made holes in your pocket
After a stellar run last year, the IPO market seemed to have lost some momentum this year. Here are the IPOs that doubled your money or made ...
-
December 12, 2022, Monday
VA Tech Wabag surges 12%, hits 52-week high on order win worth Rs 260 crore
The company has secured industrial waste water treatment order in Romania worth about Rs 260 crore (30 million euros)
-
December 09, 2022, Friday
Here's why Mehul Kothari recommends to Buy Garden Reach, Praj Industries
According to the technical analyst from Anand Rathi, Garden Reach can rally to Rs 590, while Praj Industries can bounce back to Rs 412.
-
December 08, 2022, Thursday
Rail stocks may chug along till budget; book profit selectively: Analysts
Railway stocks: In the upcoming budget, the railways has reportedly sought gross budgetary support (GBS) of Rs 1.5-1.8 trillion over the Rs 1.37 ...
-
December 07, 2022, Wednesday
Larsen & Toubro hits record high; market-cap crosses Rs 3 trn mark
L&T is the best proxy for domestic capex given its market leadership in the engineering and construction industry, diversified revenue stream ...
-
December 06, 2022, Tuesday
Growth triggers to keep earnings trajectory robust for Timken India
New plant expected to boost company's revenues, margins
-
December 06, 2022, Tuesday
Ion Exchange hits new high; gains 6% in two days on securing IOCL order
In the past one month, the stock price of Ion Exchange has zoomed 41 per cent, as compared to 2.7 per cent rise in the S&P BSE Sensex.
-
December 06, 2022, Tuesday
Stocks to Watch: Adani Green, Tata Motors, Kirloskar Bros, Dhunseri Tea
Stocks to Watch Today: Read analysis on why value investors could be seen taking selective punts on IT stocks in the near future.
-
December 05, 2022, Monday
Kirloskar Bros shareholders to vote on forensic audit starting Tuesday
Kirloskar Industries, a key investor in KBL, had sought the audit over legal fees of Rs 70 crore incurred by the latter. An EGM to consider this ...
-
December 05, 2022, Monday
Stocks to Watch: ONGC, Oil India, Hatsun Agro, Inox Green, Indus Towers
Stocks to Watch Today: SBI too may be in focus after the PSU bank successfully raised Rs 10,000 crore via its maiden infrastructure bonds.
-
December 02, 2022, Friday
Skipper locked at 20% upper limit on heavy volumes; zooms 53% in two weeks
The stock now quotes at the highest level since September 2018, and saw trades of around 2 per cent of the equity size on Friday.
-
December 02, 2022, Friday
Mehul Kothari recommends to buy Astral, Voltas
The technical analyst from Anand Rathi recommends to keep a stop on Astral at Rs 1,860 and Voltas at Rs 815.
-
December 01, 2022, Thursday
Stocks to Watch: TCS, KPI Green, Siemens, Alstom India, Apollo Hospitals
Stocks to Watch Today: In the F&O space, BHEL, Delta Corp, Indiabulls Housing Finance and PNB are the stocks in ban period on Thursday.
-
November 30, 2022, Wednesday
Vinay Rajani expects Nifty to remain bullish, sees 18,735 as next hurdle
Among individual stocks, the technical & derivative analyst from HDFC Securities recommends to buy Triveni Engineering and GMM Pfaudler.
-
November 29, 2022, Tuesday
VA Tech Wabag surges 10% in two days, nears 52-week high on stable outlook
The company has strong revenue visibility with an outstanding order book as on 30 September 2022 of about Rs 9,200 crore (FYE22: RS 9,800 ...
-
November 25, 2022, Friday
Is the capital goods sector on the recovery path as inflation eases?
Revenue growth estimates have moderated post Q2 but the bottom may be close
-
November 25, 2022, Friday
L&T gains 3% in two days, hits record high on strong order prospects
The inflow momentum looks set to continue with a strong Rs 6.3 trillion-prospective pipeline and better conversion ratio
-
November 25, 2022, Friday
F&O Strategy: Nandish Shah recommends Bull Spread on Larsen & Toubro
The derivative analyst from HDFC Securities recommends to Buy L&T 2100 Call and simultaneously Sell 2160 Call of the 29-December expiry.
-
November 24, 2022, Thursday
Margin scale up key trigger for genset manufacturer Cummins India
Easing commodity prices and exports to drive profitability for company, say analysts
-
November 23, 2022, Wednesday
RHI Magnesita extends rally, zooms 36% in one week; stock hits record high
On Saturday, November 19, the company announced acquisition of the Indian refractory business of Dalmia Bharat Refractories Limited (DBRL) for ...
-
November 23, 2022, Wednesday
Inox Green Energy makes dismal debut; lists at 8% discount over issue price
Post listing, the stock hit a low of Rs 59.55 on the NSE and BSE. At 10:02 am; it was trading at Rs 61.60, down 5 per cent against its issue ...
-
November 23, 2022, Wednesday
Nifty may resume up trend; BUY MAS Finance, GMM Pfaudler, says Vinay Rajani
The technical & derivative analyst from HDFC Securities expects Nifty to find support around 18,100 for now.
-
November 22, 2022, Tuesday
Kaynes Technology makes stellar debut, lists at 33% premium to issue price
The stock listed at Rs 778 on the NSE, a premium of 33 per cent over its issue price of Rs 587 per share.
-
November 21, 2022, Monday
RHI Magnesita soars 14% post acquisition of Dalmia's Indian refractory biz
Based on the issuance price of RHI Magnesita India at Rs 632.5029 per share, the share consideration had a value of approximately Rs 1,708
-
November 21, 2022, Monday
Kabra Extrusion soars 17% as Battrixx inks pact with Hero Electric
The target is to supply 300,000 battery packs and chargers in the next financial year based on Hero Electric's projections
-
November 18, 2022, Friday
Stock of this SME Company has zoomed 121% in 8 trading days
Shares of Evans Electric were locked at the 10 per cent upper circuit at Rs 189.75 on BSE on Friday, trading at fresh 52-week high amid heavy ...
-
November 18, 2022, Friday
Honda India Power hits new high, zooms 45% in 1 month on strong Q2 results
In Q2FY23, the company's profit after tax jumped 167 per cent year-on-year at Rs 42.42 crore on the back of healthy operational income
-
November 17, 2022, Thursday
Kirloskar group shares hit 52-wk highs; KOEL, KPCL up over 50% in 6 months
In the past six months, KOEL (up 131 per cent), KPCL (53 per cent) and Kirloskar Industries (45 per cent) zoomed over 40 per cent, as against 14 ...