Amid a strong rally in multibagger defence stock Cochin Shipyard, technical analysts see a downside, advising caution for the time being.
2 min read9 Jun 2025Power Grid Corporation's shares increased over 2% on June 5 after acquiring MEL Power Transmission Limited, a subsidiary of PFC. The shares opened at ₹290.05 and reached an intraday high of ₹295.25, while PFC's shares also saw a nearly 2% rise during the session.
1 min read5 Jun 2025REC plans to raise up to ₹1,55,000 crore through private placement of bonds, pending shareholder approval. The funds will be raised in tranches over one year. The board also approved the dissolution of Rajgarh II Power Transmission Limited due to operational changes.
2 min read4 Jun 2025Multibagger defence stock Garden Reach Shipbuilders (GRSE) surged over 6% in intra-day deals on Wednesday, June 4, to a fresh high following an order win from Norway-based Kongsberg.
2 min read4 Jun 2025Miniratna public sector undertaking (PSU) BEML on Tuesday, June 3, announced that its board of directors will now meet this week as against next week earlier to consider the final dividend for the financial year 2024-25 (FY25).
2 min read3 Jun 2025Defence stock to buy: Bharat Electronics stands out as a stable investment opportunity due to its consistent earnings, large order pipeline, and diversified portfolio, while Bharat Dynamics and Mazagon Dock benefit from their strategic role in India's defence ecosystem, analysts said.
4 min read31 May 2025MMTC Limited shares surged over 13 percent despite disappointing financial results for March 2025, including a 96.8 percent drop in net profit. The stock has rallied 38 percent in May, reflecting a recovery in investor interest despite significant earnings and revenue declines.
1 min read29 May 2025ITI share price rose nearly 8% in morning trade on May 29. The stock surged over 40% in May and has increased over 20% in the past year. Q4 results showed a narrowed net loss of ₹4.4 crore, with revenue up 73.9% year-on-year.
2 min read29 May 2025IRCTC share price jumped over 2 per cent in Thursday's trading session after the company posted a robust performance in the March quarter post-market hours on Wednesday.
2 min read29 May 2025Stocks to buy: NTPC and NHPC, state-owned power companies, reported steady Q4FY25 results. NTPC's net profit rose 22%, prompting brokerages to adjust target prices. NHPC's profit grew 52%, but ICICI Securities downgraded its rating, given the recent run-up in shares.
3 min read27 May 2025The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared
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