In the first session of FY25, benchmarks the Sensex and the Nifty hit fresh all-time highs. The Sensex was up 363.20 points or 0.49 percent at 74,014.55, and the Nifty was up 135.10 points or 0.61 percent at 22,462.00. About 3,107 shares advanced, 657 declined and 145 were unchanged.
2/11
Hindustan Copper | CMP Rs 309.4 | Shares of Hindustan Copper and other metal stocks surged after economic data from China indicated that the manufacturing sector is seeing a rebound, which may lead to a rise in demand for metals.
3/11
Globus Spirits | CMP Rs 758.2 | The Globus Spirits stock rallied 11 percent after the company said it commenced commercial production of additional capacity at two of its units at Singhbhum in Jharkhand and Burdwan in West Bengal. The additional capacity will be used for various products, including ENA and ethanol.
4/11
GM Breweries | CMP Rs 716 | Shares of G M Breweries jumped 12 percent after the company's board said it will consider a proposal for issuing bonus shares in its April 4 meeting. The company will consider the issuance of bonus shares after six years. Earlier, bonus shares were issued in the ratio of 1:4 in 2018, 2016, and 2014.
Adani Total Gas | CMP Rs 971.6 | Adani Total Gas stock gained 4 percent after the company said its wholly-owned subsidiary, Adani Total Energies Biomass Limited(ATBL), commenced operations at Barsana Biogas Plant in the Mathura district of Uttar Pradesh.
6/11
Torrent Pwer | CMP Rs 1,422 | Shares of Torrent Power soared 6 percent after the company bagged a 150-MW wind solar hybrid project from its distribution unit. The project cost is Rs 1,825 crore and shall be commissioned within 24 months from Power Purchase Agreement (PPA).
7/11
PNB Housing Finance | CMP Rs 755.8 | the PNB Housing Finance stock zoomed 20 percent and hit the upper circuit after Morgan Stanley put an 'overweight' rating on the stock with a target price of Rs 970 per share. The upgrade was supported by the housing finance company's strengthened capital position and diversified resource profile.
8/11
EIH | CMP Rs 475 | Shares of EIH rose 5 percent after the company said it will invest Rs 421 crore to build an Oberoi luxury resort in Goa. The resort will come up at Cavelossim Beach in South Goa on a 52-acre site owned by the company.
HAL | CMP Rs 3,397 | The Hindustan Aeronautics stock gained 2 percent after the company signed a Rs 1,173.42-crore contract with Cochin Shipyard Limited (CSL). "The company has signed a contract with Cochin Shipyard Limited (CSL), Kochi for supply of 6 sets of LM2500 Gas Turbines (GT) and GT Auxiliaries (GTAE), spares, tools for Indian Navy Next Generation Missile Vessei (NGMV) project," it said in a press release.
10/11
Crisil | CMP Rs 4,957 | Shares of Crisil fell 2 percent with strong volume in the trading session. One lakh shares changed hands compared to the monthly average of 40,000 shares.
11/11
Sonata Software | CMP Rs 718.5 | The Sonata Software stock fell with high volumes in the session. As many as 10 lakh shares were traded compared to the monthly average of 6 lakh.
