Zen Technologies secures a Rs 152 crore order from the Ministry of Defence for an Integrated Air Defence Combat Simulator. This new contract underscores the company’s innovative capabilities and its focus on developing indigenous technologies for defence forces. Shares target an average price of Rs 1,740 with a ‘Strong Buy’ recommendation.
These 3 stocks closed above VWAP on March 25
Waaree Renewable shares in focus on bagging solar power project worth Rs 262 crore etmarkets
Waaree Renewable Technologies secures a Rs 262 crore solar power project from Waaree Energies for 170 MW AC capacity. Despite last year’s stock underperformance, the company has displayed impressive returns over the last five years. The latest financials show a net profit of Rs 53.48 crore.
Positive Breakout: These 4 stocks rose above their 200 DMAs
GRSE shares in focus after co signs deal with German firm for 2 multi-purpose vessels
Garden Reach Shipbuilders & Engineers (GRSE) signed a contract with Carsten Rehder of Germany for the construction and delivery of the 7th and 8th Multi-purpose vessels (MPVs), worth approximately 108 million USD. Each vessel, designed to transport cargo including large windmill blades, will have a capacity of 7,500 metric tonnes.
NCC shares in focus on receiving Rs 1,480 cr LoA for redevelopment project
NCC shares: Over the past year, NCC’s shares have fallen by 13.15%. Year-to-date, the stock has declined by 25.73%. In the last six months, the price has dropped by 34.57%, and over the past three months, it has decreased by 28.27%. However, in the last month, the stock has seen a recovery, rising by 10.25%.
Apollo Hospitals shares in focus as subsidiary raises stake in Keimed for Rs 625 crore
Apollo Hospitals shares: Apollo Hospitals reported a 52% year-on-year (YoY) rise in its consolidated net profit, reaching Rs 372 crore for the December 2024 quarter, boosted by higher sales. The company had posted a net profit of Rs 245 crore in the corresponding quarter of the previous fiscal year.
Market rebound mostly led by DIIs; betting on BFSI and consumer discretionary stocks: Sunil Subramaniam
Market Expert Sunil Subramaniam highlights the role of Domestic Institutional Investors (DIIs) in driving recent market recovery, aided by a substantial cash reserve and upcoming tax cuts. He suggests investing in rate-sensitive sectors, primarily banking and consumer discretionary stocks, due to favorable economic conditions including anticipated interest rate cuts and improved liquidity.
IOC 6.0 creates history: Jainam Broking sets Guinness world record with 5,293 participants
One of the biggest milestones of IOC 6.0 was the Guinness World Record set by Jainam Broking Limited for conducting the Largest Financial Investment Session, Jainam Broking said in a release.