News for Kavveri Telecom Products Limited (KAVVERITEL.NS)

With a rally of 362%, the microcap LCC Infotech emerged as the top gainer in FY25. Shares of the company soared to Rs 8.77 on August 30, 2024, from Rs 1.90 on March 28, 2024.

Kavveri Telecom introduces innovative 8 port Dual Band Panel Antenna for Australian cellular networks, enhancing market visibility.

The 30-share BSE Sensex rose 126 points or 0.21 per cent to close at 61,294, while the broader NSE Nifty settled 35 points or 0.19 per cent higher at 18,233. On the sectoral front, banking, financial, consumer durables and technology stocks provided strength to the indices today.

The weekly trading set up suggests 17,800 would be the immediate hurdle for Nifty. If it succeeds to trade above the same, we can expect a pullback rally up to 17,920-18,000-18,070, says Shrikant Chouhan of Kotak Securities.

In another transaction, Davos International Fund sold 125,438 shares of Kavveri Telecom Products at Rs. 6.25 apiece through a bulk deal on the NSE.

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Ashish Nanda held 8.3 percent stake in the company as of June 2021. The stock gained 4.76 percent to close at Rs 12.10.