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VIL, Ola Electric shares lead NSE volumes; BSE, MobiKwik, Tanla Platforms jump up to 15% on high turnover
Business Today
·
4m ago
Medial
Stocks with high trading volumes on the NSE included Vodafone Idea, Ola Electric, JP Power, YES Bank, Tata Steel, MobiKwik, and Suzlon. BSE led in turnover with Rs 1,378 crore. Other notable turnovers included MobiKwik, Zomato, Mazagon Dock, and Tata Steel. Price changes: Vodafone Idea at Rs 7.43, Ola Electric at Rs 54.50, JP Power at Rs 14.77, YES Bank at Rs 16.92, Tata Steel at Rs 158.25, MobiKwik at Rs 337.55, and Suzlon at Rs 56.85.
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Reliance Infra shares jump 6%; BSE, NSE seek clarity on 'solar, battery manufacturing' setup report
Business Today
·
5m ago
Medial
Shares of Reliance Infrastructure surged 5.94% following reports about plans to establish solar and battery manufacturing units, prompting BSE and NSE to seek clarification. High trading volumes were observed, with the turnover reaching Rs 30.72 crore and a market capitalization of Rs 10,263.76 crore. The stock has fluctuated against various simple moving averages and holds a negative price-to-equity ratio. Reliance Infra is involved in EPC services, power distribution, and various infrastructure projects.
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Ola Electric shares surge nearly 16%
YourStory
·
11m ago
Medial
Shares of Ola Electric Mobility surged nearly 16% after the company announced its entry into the electric motorcycle segment with the launch of three models. The stock price jumped to Rs 128.09 on the BSE. Ola Electric Mobility reported a jump in revenue for the April-June quarter and announced partnerships and new ventures. Ola plans to bring its indigenously designed and developed family of chips for AI and general computing to the market by 2026. The company also showcased its new Gen-3 platform for two-wheelers and plans to integrate its own batteries with its vehicles from Q1 FY26.
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Which 10 IPOs will hit the stock market this week?
Inshorts
·
1y ago
Medial
Ola Electric Mobility, Ceigall India, Akums Drugs and Pharmaceuticals, and Sathlokhar Synergys are among the ten IPOs that will open for subscription this week. Others include Bulkcorp International, Rajputana Industries, Ashapura Logistics, Kizi Apparels, Dhariwal Corp, and Utssav Cz Gold Jewels. Apart from these, 10 companies are set to list on SME platform of BSE and NSE.
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Paytm shares hit Rs 700 level, jump 5% amid high turnover today
Business Today
·
4m ago
Medial
Paytm shares increased by 5.34% to reach Rs 700.70 on the BSE, peaking at Rs 700 on the NSE. The stock's turnover reached Rs 427.60 crore on the NSE, with 62,26,150 shares traded. This information is provided by Business Today for informational purposes and should not be considered investment advice. Readers are advised to consult a qualified financial advisor before making investment decisions.
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Zomato shares rally 6% to hit a fresh all-time high
Inshorts
·
8m ago
Medial
Zomato shares extended gains for second consecutive day and jumped over 6% during the intraday trading session till (December 5) to hit a fresh all-time high at ₹304.50 apiece on the BSE. The surge of stock price came on the back of heavy volumes, with over 5.84 crore equity shares worth ₹1,770.06 crore on the BSE and NSE.
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Marico shares gain 4.5% on heavy volumes despite sour market sentiment
Money Control
·
11m ago
Medial
FMCG company Marico saw a surge in its stock price, rising over 4.5% on heavy volumes. With over 57 lakh shares traded, more than double the one-month average, the stock closed at Rs 668.75 on the NSE. Analysts suggest Marico may have strong support at Rs 628, and a close above Rs 665 could lead to targets of Rs 691-727 in the near term. Despite the recent increase, Marico shares have underperformed the Nifty 50 index, rising only 13% compared to the index's 30% jump over the past year.
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Ola Electric sees record registrations in March; ends FY24 with 115% growth on year
Economic Times
·
1y ago
Medial
Electric scooter manufacturer Ola Electric has announced a record-breaking 53,000 registrations in March, marking its highest monthly volumes for the fifth consecutive month. The company remains a market leader with 328,785 units registered in FY24, more than double the volumes of the previous fiscal year. Ola Electric is heading for an IPO and has raised significant funding through non-convertible debentures and debt financing. The company is also expanding its product offerings, including launching an electric autorickshaw and working towards manufacturing its own battery cells.
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Ola Electric shares slide 5% after CTO and CMO resign amid leadership exodus
Economic Times
·
7m ago
Medial
Ola Electric's shares fell 4.6% after the resignations of two senior executives, CTO Suvonil Chatterjee and CMO Anshul Khandelwal, amid a wider leadership exodus. Both joined Ola Cabs before moving to Ola Electric. Their departures follow recent top-level exits and layoffs affecting 300-400 employees across various departments. Despite citing personal reasons for their resignations, this turnover signals challenges for Ola Electric, which also faces declining market share and increased customer complaints.
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'If this continues...': Zerodha's Nithin Kamath sounds alarm amid deepening market crisis
Business Today
·
5m ago
Medial
Zerodha's Nithin Kamath warns of a market crisis due to a significant decline in the number of traders and trading volumes. Daily trading volumes have dropped from ₹80,000 crore to ₹40,000 crore, a staggering 50% decrease. Investor participation has fallen by 30%, and overall market turnover has declined by 46%. Market value reduced by ₹40 lakh crore, a 15% shrinkage, while overseas investments dropped from $12.3 billion to $12.2 billion.
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Ola Electric hits fresh all-time low at ₹50.81 on Tuesday
Inshorts
·
4m ago
Medial
Shares of Ola Electric fell for the third straight session on Tuesday, dipping as much as 5.5% to reach an all-time low at ₹50.81 on the BSE. The stock was trading at ₹51.41, down 4.4% from the previous close of ₹53.80. Ola Electric market capitalisation stood at ₹22,693.72 crore.
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