Railway stocks in focus: Shares of railway-linked companies were in the spotlight on Friday, August 22, after fresh order wins by multiple players in the sector. Texmaco Rail & Engineering, Titagarh Rail Systems, and Transrail Lighting saw increased investor interest, even as broader markets traded subdued. Texmaco Rail & Engineering gained nearly 2 per cent to…
Defense stocks rally: Indian defence stocks rallied significantly on August 22, fueled by mounting geopolitical tensions after Russia launched one of its largest air assaults on Ukraine—deploying 574 drones and 40 missiles—despite US overtures for a ceasefire. As a result, the Nifty India Defence index rallied nearly 1 per cent, reaching around 7,760.25. According to Ukrainian…
Stocks to Buy: After six straight weeks in the red, the Indian stock market finally saw a breather this week. With only four trading sessions due to the Independence Day holiday on Friday, the benchmark Sensex and Nifty indices managed to post a modest recovery of around 1 per cent. Market expert Vikas Sethi of Sethi…
Shares of Cochin Shipyard Ltd. surged over 8 per cent in intraday trade on June 6, touching a 10-month high of Rs 2,545 apiece, driven by robust trading volumes and continued investor interest in defence stocks following heightened geopolitical tensions. The defence PSU has gained significant momentum after the Pahalgam terror attack and subsequent military operations,…
Shares of Garden Reach Shipbuilders & Engineers Ltd (GRSE) soared by almost 5 per cent on Thursday, June 5, reaching an all-time high of Rs 3,520 in BSE intraday trade. The rally comes after the defence PSU announced that it has entered into several strategic partnerships, including a memorandum of intent (MoI) with a German…
Defence stocks bucked the broader market trend on May 22, closing deep in the green as geopolitical momentum, government thrust, and fresh orders triggered sharp rallies in key counters. The Nifty India Defence index surged 2.07 per cent to settle at 8,453.75, extending gains for a second straight session even as headline indices witnessed a…