From ₹872 to ₹1,161: This PSU stock surges 33% in 6 sessions; did you miss the rally?
The midcap stock has zoomed 395% in less than a year, rebounding from its 52-week low of ₹234.53 touched on May 25, 2023.
The midcap stock has zoomed 395% in less than a year, rebounding from its 52-week low of ₹234.53 touched on May 25, 2023.
Last week, ICRA and CARE upgraded PNB Housing Finance's long-term ratings, citing its improved asset quality metrics as well as strengthened capitalisation profile.
The board of directors of IREDA is scheduled to meet on March 28 to consider and approve the borrowing programme for FY25.
The NSE has revoked the inclusion of IREDA in key indices due to its non-compliance with SEBI portfolio concentration norms.
The PSU has signed a deal worth ₹2,890 crore with the defence ministry for mid life upgrade of Indian Navy’s 25 Domier aircraft.
The PSU stock has risen nearly 300% from its 52-week low of ₹96.20 hit on March 28, 2023.
The GoI, which holds a 79.2% stake in the company, offers to offload 5% of its stake with an option to sell an additional 2% stake if there is more demand.
The PSU has received multiple orders from Himachal Pradesh State Electricity Board and Madhya Pradesh Metro Rail Corporation.
The PSU stock has fallen over 26% in the last one month as investors booked profit after the counter touched its 52-week high of ₹170.45 on February 5, 2024.
Shares of RVNL, the construction arm of the Ministry of Railways, gained as much as 11.86% to hit an intraday high of ₹281.45 on the BSE amid strong volume.