News for Tanfac Industries Limited (TANFACIND.BO)

On Thursday, shares of Tanfac Industries, an Indian speciality fluoride chemical manufacturer soared by 13.1 per cent at Rs 2,399 a piece intraday on the BSE

Small and midcap stocks witnessed massive surge under the Narendra Modi government in the last 10 years, with over 670 BSE-listed stocks turning multibaggers.

Reliance Industries, Hatsun Agro Products, Tejas Networks and Aditya Birla Money are among companies that will announce results for the March quarter today.

Shareholding of individual investors reflects in the ‘Shareholding Pattern of BSE-listed companies only on reaching a 1% stake or above in the company.

Tanfac Industries Ltd receives upgraded credit ratings and positive outlook, with strong financial profile and capacity ramp-up plans.

Tanfac Industries Limited (Tanfac) is a joint-sector company promoted by Anupam Rasayan India Limited (Anupam Rasayan) and Tamil Nadu Development Corporation (TIDCO). It began commercial production…

Over the next few months, expectations on the possibility of the BJP government returning to power and continuity in government policies will increase

The short-term technical outlook for Nifty continues to be in favor of the bulls, with support seen at 20089-19909 and resistance at 20500-20751, says Prashanth Tapse, Senior VP (Research), Mehta Equities.

All the sectoral indices ended in the green with BSE Oil & Gas and Power indices adding 5.7 percent each, BSE Capital Goods index up 3.6 percent, and BSE Metal index up 3 percent.

Biggest gainers on the Nifty included NTPC, ITC, L&T, Britannia Industries and Axis Bank, while losers were Hero MotoCorp, HDFC Life, Wipro, M&M and SBI Life Insurance.

The RBI has set the redemption price at Rs 6,132 per gram which is a 128% (Rs 3,448) premium over the issue price of Rs 2,684 per gram, the interest income is calculated over the issue price at 2.5% per annum for the maturity period of eight years

Till the index firmly withholds the pivotal support of 19,500, there is no sign of caution in the market. While on the higher end, 19,800-20,000 holds stiff resistance and a decisive move beyond which could trigger the next leg of rally

The market witnessed volatility amid mixed cues, including better progress of monsoon, FIIs turning net sellers, mixed earnings and interest rate hiked by the ECB and the US Fed

Among the stocks that will see action on May 22, 2023 are BPCL, Dhanlaxmi Bank, Shree Cement, Policybazaar, Shreyas Shipping and Delhivery

As long as Nifty is trading above 17,900 the uptrend formation is likely to continue and could move up till 18,150-18,250, says Amol Athawale, Technical Analyst (DVP), Kotak Securities.

Both indices have risen for 11 out of 12 sessions this month on anticipated demand growth, attractive valuations, and expected improvements in earnings.

For the week, BSE Midcap, Smallcap and Largecap indices added 1 percent each.

BSE Sensex surged 448.96 points, or 0.76 per cent, to 59,411.08, whereas NSE's Nifty50 jumped about 147 points, or 0.87 per cent, to 17,450.90. for the day.

As many as 85 stocks from the chemical space are still down over 25 per cent from their respective 52-week high price