Market Movers

NEW DELHI: Shares of defence companies defied the weakness in the broader market and managed to close with gains as the government as a council gave preliminary approval to military modernization projects costing Rs 76,000 crore, including…

NEW DELHI: Any management when talks about their move into the EV space, it immediately reflects in the companies’ share price. Shares of MM Forgings spiked about 9 per cent on Thursday after the management said it might foray into the…

NEW DELHI: Shares of Bharat Dynamics zoomed on Tuesday after the company said it has signed a contract worth Rs 2,971 crore with the Ministry of Defence to supply missiles. The contract is for the supply of ASTRA MK-I Beyond Visual Range…

NEW DELHI: Siemens on Friday said it is selling its Large Drives Applications (LDA) business to one of the subsidiary of the promoter at a cash consideration of Rs 440 crore. The business contributes 3.33 per cent of the company’s revenue.…

NEW DELHI: Shares of CanFin Homes tanked on Monday following a media report that claimed detection of fraud in 37 loan accounts, which may be probed by the Reserve . This was despite the company denying the report. CanFin in a regulatory…

NEW DELHI: Axis Bank shares were under heavy selling pressure on Friday amid rumours of a scam in its subsidiary Axis Mutual Fund. The stock plummeted over 4 per cent on BSE. Media reports said the mutual fund arm of the lender removed…

NEW DELHI: Metal and mining stocks were under pressure on Friday after media reports claimed India’s iron ore and pellet export shipments had seen a considerable drop in FY'22. Steel Ministry reported that India's iron ore export shipments…

NEW DELHI: Shares of pesticide maker NACL Industries surged over 7 per cent to Rs 97 after the company received approval for the expansion of its manufacturing unit. The company said the Ministry of Environment, Forest and Climate Change…

NEW DELHI: Ludlow Jute & Specialties jumped over 11 per cent Tuesday after the government finalised the minimum support price for Jute for the fiscal 2022-23, which is nearly 6 per cent higher than previous year. Shares of Cheviot,…

NEW DELHI: Shares of Hindustan Construction Company surged over 11 per cent after the company said its JV bagged orders worth Rs 609 cr from the Public Health Engineering Department, Government of Rajasthan. The scope of work involves…