Gold Silver Reports (GSR) – Power Grid Gains On Heavy Volumes — Power Grid Gains On Heavy Volumes – Shares of the state-run central transmission utility of India rose as much as 3.9 percent, most in six months, to Rs 207.1, extending a three-day gaining period. Trading volume of the stock was 11 times the 20-day average. It was the top gainer on the S&P BSE Power Index.
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Gopal Mahadevan, Chief Financial Officer At Ashok Leyland
Gopal Mahadevan, Chief Financial Officer At Ashok Leyland
📌 Expect momentum for CV demand to continue moving ahead.
📌 Higher Infra spending, road construction and decline in truck overloading aiding demand.
📌 Oil and Gas, Logistics and FMCG sector are driving demand for trucks.
Jinesh Gopani, Head of Equities At Axis Mutual Fund
Jinesh Gopani, Head of Equities At Axis Mutual Fund
📌 Big events like upcoming elections are the key to look for in markets.
📌 Good monsoon to aid rural sector, increasing bets on same.
📌 Have added technology, consumer and private sector banks to the portfolio
Sobha Rises On Plan To Invest Rs 500 Crore In Gujarat
Gold Silver Reports (GSR) – Sobha Rises On Plan To Invest Rs 500 Crore In Gujarat – Shares of the real estate developer rose as much as 3.3 percent to Rs 568. The construction company plans to invest Rs 500 crore for a residential project in GIFT City, Gujarat, according to its stock exchange notification.
Bajaj Electricals Surges To Record High After Order Win
Gold Silver Reports (GSR) – Bajaj Electricals Surges To Record High After Order Win — Bajaj Electricals Surges To Record High After Order Win – Shares of the consumer electrical maker rose as much as 7.6 percent to surge to a record high at Rs 665.95. – The company bagged order worth Rs.3577.93 crore from Madhyanchal Vidyut Vitaran Nigam Ltd. from Uttar Pradesh state, according to its stock exchange notification.
Idea Cellular Gains After Block Deals
Gold Silver Reports (GSR) – Idea Cellular Gains After Block Deals – Shares of the telecom operator rose as much as 3.1 percent to Rs 73.50. About 4.23 crore shares or 1 percent equity changed hands in two block deals, according to Bloomberg data. Buyers and sellers were not known immediately.
Stocks To Watch: Adani Ports, Amtek Auto, RCom, Muthoot Capital Services
Gold Silver Reports (GSR) – The S&P BSE Sensex rose 0.3 percent to 34,302 while the NSE Nifty 50 gained 0.5 percent to 10,530. The market breadth was tilted in favour of the sellers all through the session.