PG Electroplast shares were buzzing in trade on December 5, surging 6 percent to hit a record high of Rs 820.75 after the company launched a Qualified Institutional Placement (QIP) to raise up to Rs 1,500 crore.At 09.57 am, shares of PG Electroplast were trading at Rs 812.05 on the NSE, slightly off its record highs. With this, the stock has surged 16 percent in the past week.Shares will be offere...

IGL share price jumped nearly 4 percent in the December 5 trade after the city gas distributor announced that the board will consider the proposal for a bonus share issue on December 10."This is to inform you that a meeting of the Board of Directors is scheduled to be held on December 10, 2024, inter-alia to consider the proposal for the issue of Bonus Shares to the equity shareholders of the Comp...

The Nifty IT index gained over 1 percent in early trade on December 5, as optimism in US technology shares spilled over into the domestic market. This uptick followed encouraging comments from Federal Reserve Chair Jerome Powell on US economic growth.Speaking at a New York Times event, Powell, said that the US economy is stronger now than the central bank had expected in September when it began re...

Shares of HEG extended its winning streak to the third session, surging over 6 percent to hit a near 6-year high of Rs 619 on December 5 after a block deal worth Rs 172 crore took place in the counter.As many as 28.8 lakh shares of HEG, making up a 6 percent stake in the company changed hands on the exchanges at an average of Rs 600 per share. The floor price of the block deal sits at an over 3 pe...

Shares of Indus Towers worth Rs 2,802 crore were sold in a block deal on December 5, with UK's Vodafone PLC being the likely seller in the transaction. As much as 8 crore shares, making up a 3 percent stake in the telecom equipment company changed hands on the exchanges at an average price of Rs 354 per share.Shares of the telecom equipment company soared 5 percent in opening trade following the b...