Market Commentary     04-Dec-24
Stock Alert
Stock Alert: ONGC, Aditya Birla Capital, Kaynes Tech, Epack Durable
Securities in F&O Ban:

Granules India, Manapurram Finance and RBL Bank shares are banned from F&O trading on 4 December 2024.

Stocks to Watch:

Wipro announced partnership with Netskope, a secure access service edge (SASE) leader, to provide cybersecurity optimization advisory services to global enterprises.

Oil & Natural Gas Corporation (ONGC) has invested Rs 10,000 crore in its subsidiary, ONGC Pertro Additions (OpaL) via right issue.

Aditya Birla Capital invested Rs 300 crore in its subsidiary, Aditya Birla Housing Finance (ABHF), on a right basis.

Kaynes Technology India’s subsidiary, Keynes Singapore has acquired a 54% stake in Austria-based Sensonic, which is a provider of Distributed Acoustic Sensing (DAS) solutions to monitor railway infrastructure.

Epack Durable incorporated wholly owned subsidiary EPACK Manufacturing Technologies. It has informed that Senior Intelligence Officer and Inspectors of Special Intelligence and Investigation Branch (SIIB), Office of the Commissioner of Customs (Preventive), Jaipur, had initiated a search on 2 December 2024 at the manufacturing facility situated at Bhiwadi, Rajasthan.

Rail Vikas Nigam (RVNL) has received order worth Rs 187 crore from Eastern Central Railway.

Quess Corp’s board approved to acquire food catering and facility management services business of Archer Integrated Services and Astrin Traders and Supplies as a going concern on a slump sale basis for a lump sum cash consideration of Rs 11 crore.

Indian Energy Exchange has achieved an electricity traded volume of 9,689 MU in November, showing a 15.7% year-on-year increase. Despite an increase in power demand, the market clearing price in the Day Ahead Market (DAM) at Rs 3.30 per unit in November declined 17.3% YoY, and the market clearing price in the Real-Time Market (RTM) at Rs 3.46 per unit dropped 13.4% YoY. The DAM volume increased by 9.8% YoY to 5,651 MU, and the RTM volume jumped 28% YoY to 3,019 MU in November.

Kore Digital’s board has approved the issuance of 2 bonus equity shares of Rs 10 each for every one equity share held as on record date.

Previous News
  Kaynes Tech gains after incorporating subsidiary, KSTPL to enter space sector
 ( Hot Pursuit - 27-Jun-25   10:48 )
  Aditya Birla Capital allots 45,842 equity shares under ESOP
 ( Corporate News - 23-Jun-25   18:33 )
  Kaynes Technology gains on launching QIP
 ( Hot Pursuit - 20-Jun-25   10:35 )
  Oil & Natural Gas Corpn Ltd spurts 0.72%, rises for fifth straight session
 ( Hot Pursuit - 12-Jun-25   13:00 )
  Kaynes to further invest USD 1.03 million in Kaynes Holding
 ( Corporate News - 11-Jun-25   18:20 )
  Volumes jump at Aditya Birla Capital Ltd counter
 ( Hot Pursuit - 11-Jun-25   11:00 )
  Kaynes Tech arm inks pact with Fujitsu Electronics to acquire assets
 ( Hot Pursuit - 11-Jun-25   10:21 )
  Stock Alert: Popular Vehicle & Services, Kaynes Tech, Man Infra, HCL Tech
 ( Market Commentary - Stock Alert 11-Jun-25   08:04 )
  Oil & Natural Gas Corpn
 ( Results - Analysis 22-May-25   10:40 )
  Board of ONGC recommends final dividend
 ( Corporate News - 22-May-25   12:12 )
  ONGC slides after Q4 PAT drops 35% YoY to Rs 6,448 cr
 ( Hot Pursuit - 22-May-25   11:17 )
Other Stories
  Stock Alert: Waaree Energies, Asian Paints, Rattanindia Ent, BHEL, Prestige Estates
  30-Jun-25   08:05
  Stock Alert: Hitachi Energy, Power Mech Projects, Torrent Pharma, Western Carriers
  27-Jun-25   08:04
  Stock Alert: Wheels India, Balaji Amines, Ask Automotive, CEAT, H.G. Infra Engg
  26-Jun-25   08:06
  Stock Alert: PTC Inds, Mastek, Aurobindo Pharma, JB Chemicals, Hindalco Inds
  25-Jun-25   08:07
  Stock Alert: Satin Creditcare, KPIT Tech, Lemon Tree Hotels, Metro Brands
  24-Jun-25   08:12
  Stock Alert: Lloyd Metals, CEAT, Waaree Renewable Tech, EMS, Interarch Building
  23-Jun-25   08:02
  Stock Alert: Mastek, Kaynes Tech, Kamat Hotels, Uno Minda, Natco Pharma
  20-Jun-25   08:04
  Stock Alert: Vodafone Idea, Avas Financers, Zydus Life, Medplus Health, Jio Financial Services
  19-Jun-25   08:12
  Stock Alert: Ugro Capital, Heranba Inds, Polycab India, EMS, Manba Finance
  18-Jun-25   08:12
  Stock Alert: Zee Entertainment, Hikal, NTPC, Biocon, Hyundai Motor India
  17-Jun-25   08:09
Back Top