Stock Market Live Updates 9 July 2024: Sensex, Nifty set for stable, range-bound movement

Stock Market Live News: 1:1 bonus from PVV Infra

PVV Infra Limited is an Infrastructure Company mainly into solar power rooftop installations. The Company offers end-to-end EPC services and complete energy management solutions for installation of industrial, residential, commercial, and floating solar rooftop systems Pan India basis.

The Board of Directors of the Company has recommended issue of bonus share in the ratio of 1:1 i.e. 1 (One) equity share for every 1 (One) share held by the shareholder. The Bonus Issue of equity shares is subject to the approval of the shareholders and other applicable statutory and regulatory approvals, as may be required. The Company will intimate the ‘Record Date’ for determining eligible shareholders entitled to receive bonus shares, in due course of time.

Stock Market Live News: Securities in F&O Ban For Trade Date 09-July-2024  

* ABFRL 

* BANDHANBANK 

* CHAMBAL 

* GNFC 

* HINDCOPPER 

* INDIACEM 

* INDUSTOWER 

* PEL

Stock Market Live News: Stocks that will see action today: July 9, 2024

Buzzing stocks: VA Tech Wabag, Godrej group cos, Dixon Tech, Jupiter Wagons, Mahanagar Gas, HEC Infra

Stock Market Live News: Stocks to watch out for today

MGL

After IGL and Gujarat Gas, now MGL increase CNG and domestic PNG prices in Mumbai.

Pitti Engineering 

QIP launched issue size at ₹360 crore.

Senco Gold 

Reports 11% retail sales growth in Q1, adds 6 new showrooms.

Bandhan Bank

Launches enhanced trade products to facilitate global business transactions.

SpiceJet 

Has not deposited staff’s PF since January 2022.

Mahanagar Gas (MGL)

➝ Hikes CNG price by ₹1.50/kg & domestic PNG by ₹1/SCM in & around Mumbai w.e.f. July 9. 

➝ Revised prices of CNG will be ₹75/kg & domestic PNG price will be ₹48/SCM.

Stock market live news: Q1FY25 EARNING CALENDAR 09.07.2024

DELTACORP, GMBREW

Q1FY25 EARNING CALENDAR 10.07.2024

JTLIND, KESORAMIND, TATAELXSI

Stock Market Live news: Pitti Engineering Launches QIP

Issue Size – Rs 300 cr; greenshoe option of Rs 60 cr

Issue size – 10.65% of equity

Indicative Issue Price – Rs 1054.25 – 9% discount to CMP

Motilal Oswal Investment is the banker

Funds to be used for debt repayment

Stock Market Live Today: Usha Martin enters tripartite agreement for change of share transfer agent

USHA MARTIN; Company has entered into a Tripartite Agreement with KFin Technologies Limited (“New RTA”) and MCS Share Transfer Agent Limited (“Old RTA”) 

Accordingly all the formalities regarding change of Old RTA to New RTA has been completed.

Stock market live today: stock recommendations: Citi initiates coverage on Affle with Buy rating and TP of Rs1 ,600/share

Citi Initiate coverage on Affle with a Buy rating and a TP of Rs1,600/sh. TP is based on 48x FY26E P/E – multiple at a ~50% premium to global ad-tech peers (35%/10% discount to largecap/midcap India internet). Pecking order: Zomato, MMYT, INED (largecap). Delhivery, Affle, Cartrade (midcap).

Stock market live news: Electronic Mart launches new multi-brand store ‘BAJAJ ELECTRONICS’ in Telangana

ELECTRONIC MART; Co has commenced the commercial operations of a new Multi Brand Store under the brand name ‘BAJAJ ELECTRONICS’ in Telangana.

Stock Market Live News: Himalaya Food International Q1 Result 

Net profit Rs0.88Crs Vs Rs0.55Crs (YOY)

Revenue Rs10.8Crs Vs Rs10.5Crs (YOY)

EBITDA Rs2.30Crs Vs Rs2.21Crs (YOY)

Stock Market Live News: Bulk Deal in Swan Energy Limited on 08-07-2024 

BLACKROCK GLOBAL FUNDS INDIA FUND Bought 1,820,108 shares of Swan Energy Limited @ ₹668.27 per share. 

Total value: ₹121.63 crores.

Stock Market Live News: Fund Flow Activity: 08 July 2024 (Rs. In Crs.)

Turnover: (NSE + BSE)

Cash Volume: 144756.56 + 13464.63 Total: 158221.19

F&O Volume: 447947.54 + 15829686.8 Total: 16277634.3

Provisional Cash

FII/FPI: NET BUY: +60.98 

(13564.41 – 13503.43) 

DII: NET BUY: +2866.79 

(14355.09 – 11488.3)

Stock Market Live News: HGInfra inks pact with Ultra Vibrant Solar

HGInfra enters into MoU with Ultra Vibrant Solar Energy for execution of solar power plant project.

Stock Market Live News: Torrent Power inks pact with ARS Steels for development of solar power generating projects

TORRENT POWER: CO SAYS AGREEMENT SIGNED BY CO AND ARS STEELS & ALLOY INTERNATIONAL || DEAL FOR DEVELOPMENT, SETTING UP UPTO 50 MWP SOLAR POWER GENERATING PROJECTS.

Stock Market Live News: Sun Pharma expects high single-digit topline growth for FY25, plans phase-2 trials for weight loss drug

SUN PHARMA Expects High Single-Digit Consolidated Topline Growth for FY25; Plans to Start Enrolling Patients for Phase-2 Trials of Weight Loss Drug GLP-1R During H2CY24, According to Annual Report

Stock Market Live News: URJA GLOBAL: CO SAYS SEARCH OPS AT CORPORATE OFFICE CONDUCTED BY CGST DEPT.

Stock Market Live News: India’s provisional employment rise to 643.3 mn in 2023-24 

.RBI: INDIA’S TOTAL PROVISIONAL EMPLOYMENT ROSE TO 643.3M IN 2023-24 

RBI: INDIA CREATED PROVISIONAL 46.7M JOBS IN 2023/24 

RBI: INDIA’S EMPLOYMENT GREW AT 6% PROVISIONALLY IN 2023-24 VS 3.2% IN 2022-23.

Stock Market Live News: RailTel recommends Rs 1.85/per share final dividend for FY24

RAILTEL CORPORATION OF INDIA: CO HAS RECOMMENDED A FINAL DIVIDEND OF 1.85 RUPEES PER SHARE FOR THE FINANCIAL YEAR 2023-24.

Stock Market Live News: Bernstein | India IT Services: ‘Billion-Dollar Specialists’ – Initiating on Auto & Software Engineering Services

Bernstein expand IT Services coverage adding Engineering Services companies (Persistent, KPIT, Tata Elxsi & CoForge) with deep specialization in auto & software services.

Bernstein launch with Outperform ratings on Persistent & KPIT, Market-Perform on Coforge and Underperform on Tata Elxsi.

Persistent (OP, INR 5,920; 24% upside); KPIT (OP, INR 2,120, 25% upside); Coforge (MP, INR 6,080); Tata Elxsi (UP, INR 6,030).

Stock Market Live News: Container Corp throughput reaches 11.59 lakh TEUs, marking 6% YoY increase

Container Corp: Total throughput at 11.59 lakh TEUs, up 6% year-on-year. (Previous quarter registered growth of 11%, average growth 8%) 

Commodity Market Updates: Trending Commodity Picks – Sizzling Silver

Termed poor man’s gold, silver offers an alternative to gold, be it as an asset or jewellery. What has vaulted silver to a 13-year high in the global market?

Stock Market Live Today: Trading guide for July 9, 2024: Intraday supports, resistances for Nifty50 stocks

Here are the intraday supports and resistances for widely traded stocks such as Reliance Industries, ITC, ONGC, Infosys, HDFC Bank, TCS, and SBI

Stock Market Live Today: Today’s Stock Recommendation: July 9, 2024

Here’s an interesting stock idea:The stock that we have today is Shriram Finance. The price has been on a decline for nearly two weeks. But the scrip is now at a support and also, the long-term trend is bullish. So, the possibility of a rally from here is high.