Suzlon Energy share price zooms 5%, rises 47% in one month; what’s driving the rally?

Suzlon Energy share price zooms 5%, rises 47% in one month; what’s driving the rally?

Shares of Suzlon Energy surged 5 percent to reach a multi-year high of ₹80.36 on the NSE on August 12. This multibagger stock, which recently surpassed a market capitalization of ₹1 lakh crore, has delivered a 47 percent return in just the past month. It is now trading at its highest level since March 2010. … Read more

Ultratech-India Cements Deal: Can be mutually beneficial for both companies, says Prabhudas Lilladher

Ultratech-India Cements Deal: Can be mutually beneficial for both companies, says Prabhudas Lilladher

UltraTech Cement, on June 27, announced that its board has approved the acquisition of a 23 percent equity stake in India Cements. UltraTech plans to purchase 7.06 crore shares of India Cements at ₹267 per share, bringing the total deal value to approximately ₹1,885 crore. The promoter group holds a 28.42 percent stake in India … Read more

Buy or sell: Vaishali Parekh recommends three stocks to buy today — April 30

Buy or sell: Vaishali Parekh recommends three stocks to buy today — April 30

Buy or sell stocks for today: The Indian stock market indices, Sensex and Nifty 50, concluded with substantial increases, driven by robust purchasing activity in banking and financial sectors, on Monday, April 29. This surge followed the positive performance of key players within these sectors during the March quarter, contributing to the overall bullish sentiment … Read more