News for Bigbloc Construction Limited (BIGBLOC.NS)

Feb 17, 2025 / 06:30AM GMTOperator Ladies and gentlemen, good day and welcome to Bigbloc Construction Limited. Q3 9 months FY25 earnings conference call hosted

Aug 14, 2024 / 05:30AM GMTOperator Ladies and gentlemen, good day, and welcome to the Bigbloc Construction Limited Q1 FY25 earnings conference call hosted by [W

Jan 24, 2024 / 08:30AM GMTOperator Ladies and gentlemen, good day and welcome to the Bigbloc Construction Limited Q3 FY24 earnings conference call hosted by Phi

The NSE Nifty 50 and the BSE S&P Sensex settled little changed at 24,836.1 and 81,355.84 points, respectively. Both benchmarks had risen 0.4% to all-time highs earlier in the session.

BigBloc Construction's Board to discuss bonus share issue and share capital increment. Company shows strong financial performance with notable growth in sales and profit. Bonus shares to reward existing shareholders and boost liquidity. Chairman optimistic about future growth prospects.

SoftBank Vision Fund to offload 1.17% stake in Zomato for Rs 940 cr. MMOPL awarded Rs 1,035 cr in arbitration. Lupin launches Propranolol LA capsules in Canada & gets USFDA approval for Pirfenidone capsules. HCLTech partners with Cloud Software Group to drive better value for customers. Central Bank of India enters strategic Co-Lending Partnership. IndiGo revamps 6E Eats on-board catering service. Trigyn Technologies wins Rs 35 cr project from Digital India Corp. Unichem gets USFDA approval for Prasugrel Tablets. MPS Interactive to acquire 65% of Liberate Group. GR Infraprojects executes concession agreement worth Rs 1,457 cr. BigBloc Construction promoter group waives off dividend. Puneet Dalmia to take over as MD & CEO of Dalmia Cement. R Dinesh appointed Chairman of TVS Supply Chain Solutions. Tata Motors & Mahindra get domestic value certificates.

Based on the open interest future percentage, there were 84 stocks in which short-covering was seen including Kotak Mahindra Bank, UltraTech Cement, Bosch, Coforge, and JK Cement.

The short term trend of Nifty continues to be choppy with high volatility and the similar movement is expected in the next session, says Nagaraj Shetti of HDFC Securities.

In the next session, if Nifty registers a close below 16,900 levels then the recent corrective swing low of 16,782 can come under threat by opening up more downsides, says Mazhar Mohammad of Chartviewindia.in.

The share touched a 52-week high of Rs 176.65 and a 52-week low of Rs 42.55 on 18 December, 2020 and 08 September, 2020, respectively.

Mazhar Mohammad of Chartviewindia.in said the selling at highs hints at the lack of conviction on the part of bulls to push Nifty50 higher.

Mazhar Mohammad of Chartviewindia.in said unless Nifty50 bridges Friday's bearish gap zone of 16,509-16,535 level, the trajectory of the market shall remain on the downside.