Kaynes Tech, Cyient DLM, Dixon Tech…Motilal Oswal upbeat on EMS sector, reiterates ’buy’ on 6 stocks | Stock Market News

Kaynes Tech, Cyient DLM, Dixon Tech…Motilal Oswal upbeat on EMS sector, reiterates ’buy’ on 6 stocks | Stock Market News

Source: Live Mint The Electronics Manufacturing Services (EMS) industry in India is experiencing substantial revenue growth, mainly due to robust industry demand, the introduction of new segments and acquisition of new clients, rising domestic production, import replacement, and international collaborations, believes brokerage house, Motilal Oswal Financial Services Ltd. In its analysis, the brokerage said that…

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SEMICON India 2024: SPEL, ASM Tech, RIR Power, other chip stocks surge 5% after PM Modi outlines investment plans | Stock Market News

SEMICON India 2024: SPEL, ASM Tech, RIR Power, other chip stocks surge 5% after PM Modi outlines investment plans | Stock Market News

Source: Live Mint SEMICON India 2024: India’s leading semiconductor stocks, such as SPEL Semiconductor Ltd, ASM Technologies, and RIR Power Electronics, among others, surged over five-six per cent on Wednesday, September 11, in a fresh stock-specific rally fueled by the government’s semiconductor manufacturing and investment plans outlined by Prime Minister Narendra Modi.  PM Modi inaugurated…

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Stocks in focus: From Asian Paints to Titan – Motilal Oswal recommends three shares to buy this week | Stock Market News

Stocks in focus: From Asian Paints to Titan – Motilal Oswal recommends three shares to buy this week | Stock Market News

Source: Live Mint Indian stock market: Indian shares experienced significant volatility in Wednesday’s trading session. The Nifty 50 index dropped by 0.50%, falling below the 25,000 mark to end at 24,915 points. Similarly, the S&P BSE Sensex decreased by 0.53%, closing at 81,485 points. “Volatility marked the trading session with intense profit-taking in late trades…

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Oil recovers 3% from 33-month low after Hurricane Francine instils supply fears; Brent at , WTI gains over  | Stock Market News

Oil recovers 3% from 33-month low after Hurricane Francine instils supply fears; Brent at $71, WTI gains over $2 | Stock Market News

Source: Live Mint International crude oil prices slightly recovered from a 33-month low level and climbed three per cent or over $2 a barrel on Wednesday, September 11, driven by fears of lengthy production shutdowns in the offshore oil patch due to Hurricane Francine. The recovery in prices also came after an increase in US…

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Excellent Wires and Packaging IPO: SME issue subscribed 1.27 times on day 1; check subscription status, key details | Stock Market News

Excellent Wires and Packaging IPO: SME issue subscribed 1.27 times on day 1; check subscription status, key details | Stock Market News

Source: Live Mint The initial public offerings (IPO) of Excellent Wires and Packaging opened for subscription on September 11. The small and medium enterprise (SME) IPO was subscribed over 1.27 times on the first day of bidding. Established in March 2021, Excellent Wires and Packaging Limited produces a diverse range of wires and wire ropes…

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Tolins Tyres IPO subscribed 23.89 times on final day; check subscription status, other key details | Stock Market News

Tolins Tyres IPO subscribed 23.89 times on final day; check subscription status, other key details | Stock Market News

Source: Live Mint Tolins Tyres initial public offerings (IPO), which opened for subscription on September 9, was subscribed 23.89 times on the final day of bidding on September 11. Tolins Tyres was established in 2003 and is one of the top tire manufacturing companies in India. It exports its products to 40 countries and specializes…

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Crude View: D-Street experts peg Brent at -80 in near-term, Morgan Stanley cuts forecast by  on soft demand | Stock Market News

Crude View: D-Street experts peg Brent at $75-80 in near-term, Morgan Stanley cuts forecast by $5 on soft demand | Stock Market News

Source: Live Mint Recent global developments leading to ample supplies amid weaker demand prospects have pushed Brent oil prices to lows of ~USD71/bbl. While upstream earnings are currently impacted, with the OPEC+ delaying its planned rise in production, we expect oil prices to rebound to USD75-80/bbl in the near term. Thus, net oil realization should…

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Shree Tirupati Balajee Agro Trading IPO: GMP signals stellar listing on Thursday | Stock Market News

Shree Tirupati Balajee Agro Trading IPO: GMP signals stellar listing on Thursday | Stock Market News

Source: Live Mint Shree Tirupati Balajee Agro Trading shares are set to debut on the Indian stock exchanges on Thursday, September 12. Ahead of the listing, the company’s shares are commanding a healthy grey market premium (GMP) of ₹40, according to investorgain.com. Considering the IPO price band’s upper end and the grey market’s current premium,…

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