Share Market News: PNB, Reliance Power, Power Grid, Samvardhana Motherson, NBCC,other stocks to track on Tuesday
Share Market News: Here's a list of stocks that are set to be in the spotlight during Tuesday's session including PNB and Reliance Power.
Share Market News: Domestic equity benchmarks scaled fresh record closing highs on Monday amid a broad-based rally driven by financial, energy, and auto shares. The Sensex rose 384.3 points, or 0.5 per cent, to end at 84,928.6 and the Nifty50 climbed up 148.1 points, or 0.6 per cent, to settle at 25,939.1, after scaling all-time highs of 84,980.5 and 25,956 during the session respectively. As the focus shifts to the next trading session on Dalal Street, here's a list of stocks that are set to be in focus during Tuesday's session including Punjab National Bank (PNB) and Reliance Power (RPower).
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Share Market News | Reliance Power in the spotlight
Reliance Power's board has approved a proposal to raise a sum of Rs 1,525 crore through a preferential issue of shares where promoters will pour Rs 600 crore into the company to advance its business. This comes days after Reliance Infrastructure, another company that is part of the top businessman Anil Ambani's Reliance Group, approved fundraising to the tune of Rs 6,000 crore.
Stock Market News | PNB fixes share sale floor price
PSU lender Punjab National Bank (PNB) has fixed a floor price of Rs 109.16 per share for a proposed qualified institutional placement (QIP) issue.
Share Market News | Power Grid bags transmission project in Gujarat
Power Grid Corporation of India (POWERGRID) has been declared as the successful bidder for a transmission project in Gujarat.
Share Market News | Samvardhana Motherson raises Rs 6,438 crore via QIP
Auto components maker Samvardhana Motherson International has raised Rs 6,438 crore through the qualified institutional placement (QIP) route.
Read more on Samvardhana Motherson
Share Market News | Telecom stocks in focus
Telecom operators have undertaken capital expenditure to the tune of Rs 4.56 lakh crore in the last two financial years from moving on to 4G and then to 5G, Union Minister Jyotiraditya Scindia has said.
Stock Market News | Waaree group shares in focus
Solar panel maker Waaree Energies has received Sebi's go-ahead to raise funds through an IPO. Waaree Energies had filed its preliminary IPO papers in December 2023.
Share Market News | AIIMS Darbhanga to be built by NBCC arm
State-owned NBCC's arm HSCC India has won a Rs 1,261 crore contract to establish AIIMS hospital in Darbhanga, Bihar.
Share Market News | Tata Power
Tata Power Delhi Distribution has received a patent for a self-regenerating transformer breather for 20 years.
The device protects a transformer from moisture ingress and increases its longevity.
Share Market News | IGL
Oil exploration and production player Josler Energy has announced a collaboration with Heath Consultants, Inc, and Indraprastha Gas Ltd (IGL) under the US-India Low Emissions Gas Task Force (LEGT).
Under the collaboration, advanced gas leak detection technologies will be introduced into IGL's gas distribution network spaning Delhi-NCR, Haryana, Uttar Pradesh, and Rajasthan.
Share Market News | Prestige Estates Projects
Real estate developer Prestige Group has launched a new housing project in Bengaluru with a sales potential of Rs 1,100 crore.
Share Market News | MMTC-PAMP launches Ram Lalla gold bar
Gold and silver refinery MMTC-PAMP has launched a 24K gold Ram Lalla bar featuring the 3D imagery of the Ram Lalla idol at Ayodhya in Uttar Pradesh.
"This Ram Lalla bar is a testament to our commitment to excellence and our deep respect for Indian culture and traditions," said MMTC-PAMP Managing Director and CEO Vikas Singh.
Share Market News | MMTC-PAMP launches gold bar
Gold and silver refinery MMTC-PAMP has launched a 24K gold bar featuring the Ram Lalla idol and the Ram Mandir temple at Ayodhya in Uttar Pradesh.
Dividend Stock
After more than 80 stocks traded ex-dividend on Monday, only one stock is slated to go ex-dividend on September 24: Bhatia Communications & Retail, a retailer of consumer durables and electronics.