Shares of Premier Energies Ltd, a leading solar energy company, rose in early trade on Monday, June 10, after a large block deal took place involving over ₹2,600 crore worth of shares. According to reports, 2.5 crore shares, equal to 5.54 percent of the company’s total equity, were traded at ₹1,052 per share in a […]
Shares of Wipro Ltd rose more than 1 percent on June 9 after a large block deal took place during the second block deal window of the trading session. This deal involved nearly 2 percent of the company’s total equity and was valued at over ₹5,000 crore. As per reports, around 20.23 crore shares, which
In its June 2025 monetary policy meeting, the Reserve Bank of India (RBI) announced a 50 basis points cut in the repo rate, bringing it down to 5.5 percent. This move, aimed at supporting economic growth, came amid global trade tensions and signs of softening inflation. The RBI also shifted its policy stance from ‘accommodative’
Indian stock market saw a rally in rate-sensitive sectors like banking, real estate, and automobile on Friday, June 6, after the Reserve Bank of India (RBI) surprised investors by cutting the repo rate by 50 basis points. This brought the key lending rate down to 5.5 percent, from 6 percent earlier. The RBI also shifted
Banking, Realty, Auto Stocks Rise as RBI Cuts Repo Rate by 50 bps to Boost Growth Read More »
Shares of Bharat Electronics (BEL) climbed to a fresh 52-week high of ₹394.70 per share in the final trading hour of June 5, following the company’s announcement of significant orders from two leading defence shipbuilders. According to a stock exchange filing, BEL secured orders worth a total of ₹2,323 crore (excluding taxes) from Mazagon Dock
Dassault Aviation and Tata Advanced Systems Limited (TASL) have signed four Production Transfer Agreements that pave the way for manufacturing Rafale fighter jet fuselages in India—a move that promises to bolster the country’s aerospace manufacturing capabilities and contribute to global supply chains, according to Dassault Aviation’s statement on June 5. “This facility represents a significant
Shares of Garden Reach Shipbuilders & Engineers (GRSE) climbed up to 5% to a new 52-week high of ₹3,521 in Thursday morning trade after the defence PSU announced a global collaboration aimed at expanding beyond its traditional military platforms. In a regulatory filing, GRSE said it had signed a memorandum of understanding (MoU) with Hamburg-based
Garden Reach Shares Surge 5% on Pact with German Firm to Build Cargo Vessels Read More »
Shares of Reliance Infrastructure Ltd rose over 11 percent on June 4, after the National Company Law Appellate Tribunal (NCLAT) put a temporary stop to insolvency proceedings against the company until July 18, the next hearing date. This relief comes after Reliance Infra challenged an earlier decision by the NCLT Mumbai Bench, which had admitted
Reliance Infrastructure shares rally 11% after NCLAT halts insolvency case till July 18 Read More »
Tata Technologies Ltd may witness a large block deal worth ₹634 crore during trade on Wednesday, June 4, as private equity firm TPG is likely to sell 2.1 percent stake in the company. As per reports, TPG will offload the stake through a block deal at a floor price of ₹744.5 per share, which is
TPG plans ₹634 crore block deal to sell 2.1% stake in Tata Technologies at discount Read More »
Shares of Ola Electric Mobility Ltd dropped more than 7 percent in early trade on Tuesday, June 3, following a big block deal worth ₹731 crore. About 14.22 crore shares, equal to 3.23 percent of the company’s equity, were traded at a price of ₹51.4 per share, which is lower than the previous day’s closing
