News for Prakash Industries Limited (PRAKASH.BO)

India's prominent investors, including the Jhunjhunwala family, adjusted their portfolios cautiously in the March quarter amid market volatility. While some trimmed stakes and exited certain stocks, others strategically increased holdings in sectors like sugar, pharma, and manufacturing.

Khanna raised her stake to 2.07% in the March 2025 quarter from 1.28% stake in the December 2024 quarter. This amounted to an addition  of 0.79% stake in the last quarter.

This week, 748 companies will announce quarterly earnings, with key results expected from Asian Paints, Titan, Airtel, SBI, M&M, ITC, and LIC. Sector highlights include Power Grid, Divi's Labs, Tata Power, and Bharti Airtel, among others. Notable earnings announcements span from February 3 to February 8, indicating a busy week for the markets.

Indian Metals & Ferro Alloys stock traded above its 50-day and 200-day SMAs of Rs 821 and Rs 729, respectively, but remained volatile with a 1-year beta of 1.5, as per Trendlyne data. It has a market capitalization of Rs 4,862.88 crore, reflecting its position in the market despite fluctuating trends.

Stocks including Zomato, Escorts Kubota, RVNL, Cochin Shipyard, Alembic Pharma, RITES, Auro Pharma, HG Infra, CESC and more will be in the spotlight on Monday, November 26.

Stock Market today | Share Market Updates - Find here all the updates related to Sensex, Nifty, BSE, NSE, share prices and Indian stock markets for November 25, 2024.

Shares of Prakash Industries zoomed up to 7.9 per cent at Rs 208.95 per share on the BSE in Friday's intraday trade

There are 9 smallcap stocks favored by D-Street bulls and ace investors like Ashish Kacholia, Rekha Jhunjhunwala, and Vijay Kedia. These investments have demonstrated significant profitability over the past year.

The BSE Sensex gained 190.75 points, or 0.26 per cent, to 72,831.94, while NSE's Nifty50 jumped 84.80 points, or 0.39 per cent, to 22,096.75 for the day.

On March 14, smallcaps clocked a smart recovery with the BSE Smallcap index gaining over 3 percent, after losing 12 percent since February 19, when the index peaked out.

Prakash Industries Limited provides an update on the progress of its Bhaskarpara Commercial Coal Mine in Chhattisgarh.

In KCP Sugar, Dolly Khanna raised her stake to 1.35% in the December quarter from 1.26% in the September quarter. This smallcap scrip has been a market laggard with 14% returns, which remains below Niftys returns.

The company is engaged in the business of execution of contracts for various infrastructure projects including transportation engineering, irrigation projects, civil construction and piling work.

A total of 14 other stocks delivered 250-300 per cent returns. They included Zen Technologies Ltd, Transformers & Rectifiers (India) Ltd, Newgen Software Technologies Ltd, and Apollo Micro Systems Ltd.

BSE's Sensex dropped 742.06 points, or 1.14 per cent, to end at 65,675.93. NSE's Nifty50 shed 231.90 points, or 1.19 per cent, to end the day at 19,675.45 for the day

The evolving US markets and the geopolitical crisis will continue to hold sway over the global markets in the coming days too. The domestic economy is afforded some protection by robust economic growth and the strong fundamentals

Indian rupee ended lower against the US dollar as it lost 12 paise in the week ended October 27 to close at 83.24 versus its October 20 closing of 83.12.

Among sectors, Nifty Realty index gained 4.3 percent, Nifty Auto index added 2.8 percent, Nifty FMCG index rose nearly 2 percent and Nifty Media index added 1.5 percent.

In terms of the market value, Reliance Industries added the most, followed by Hindustan Unilever, Bharti Airtel and Tata Motors.