Shares of Adani Enterprises Ltd rose as much as 2.4 percent in intraday trade on June 24 and were up 1.66 percent at Rs 3,012 in late-morning deals after Morgan Stanley initiated coverage on the stock with an "Overweight" rating. The brokerage cited strong growth prospects across the group's incubation businesses.Morgan Stanley assigned a target price of Rs 3,638 per share on Adani Enterprises, im...

Waaree Energies share price rose nearly 2 percent in the opening trade  on March 25 after its board approved capital expenditure for glass manufacturing plant and decided to increase its stake in a subsidiary.At 09:18a, Waaree Energies was quoting at Rs 3,140.25, up Rs 54.40, or 1.76 percent, on the BSE.The board of directors of the company at its meeting held on March 24 approved the acquisition...

The shares of defence companies tumbled in trade on February 1 as Finance Minister Nirmala Sitharaman’s capex plans for the sector failed to meet analysts and industry’s expectations.The Nifty Defence index crashed nearly 9 percent to 7,458.65, amid a sharp selloff in the overall market in the afternoon trading hours of Sunday.What Nirmala Sitharaman said about defence capex:While presenting B...

Tata Steel shares rose on Thursday and were among the top Nifty 50 gainers after the company detailed an extensive capex roadmap and a series of strategic initiatives aimed at boosting capacity, strengthening raw material security and expanding its geographic footprint.The stock was up 1.25 percent at Rs 164.25 in the early trading. Tata Steel has now gained 20 percent year to date, with a market ...

The shares of Hindalco Industries sharply dropped more than 7 percent in the morning trading hours of November 6 after the firm's subsidiary Novelis released its results for the second quarter of the ongoing financial year 2026.The shares of the company were trading at Rs 772.30 apiece, as seen at 11.04 am.Novelis Q2 Results:Novelis, which is a subsidiary of Aditya Birla Group’s metals flagship ...