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Yes Bank share price gained 4.2 per cent to Rs 28 apiece on BSE in Monday’s strong trade as the bank informed the bourses about the reclassification of shareholding after Madhu Kapur group has consented to be categorised as public stakeholders. From it’s March low of Rs 5.55, the stock has skyrocketed over 400 per cent. The Madhu Kapur group which includes Madhu Ashok Kapur, Shagun Kapur Gogia Gaurav Ashok Kapur and Mags Finvest Private Read More

A heatwave spreading across north India and the steady resumption of economic activity has caused a sharp spike in the country’s energy consumption, with this Coal India’s share price has also surged 10% in the last five days. According to Morgan Stanley research, the daily energy consumption in India is now closer to 2019 levels. Resumption of economic activity and revival in energy consumption is being dearly eyed by Coal India’s management, as highlighted in Read More

Extending gains from the previous session, BSE Sensex and Nifty 50 were trading nearly one per cent higher on Thursday mirroring the gains in Asian markets ahead of the expiry of futures and options contracts of May series. Sensex touched day’s high of 31,986, while the broader Nifty 50 index surpassed the 9,400-mark. Private bank stocks were the leading the rally today with index heavyweights such HDFC Bank, ICICI Bank, Kotak Mahindra and Axis Bank Read More

Cement stocks rallied nearly 20 per cent in Wednesday’s trade as most of the countries eased coronavirus-led lockdown restrictions which is likely to provide a fillip to the construction activity. Birla Corporation share price soared 19.12 per cent to hit day’s high of Rs 580 apiece. The stock has gained nearly 40 per cent in two trading sessions. In less than 15 trading days, Birla Corporation share price has increased to Rs 580 from Rs Read More

Jindal Steel and Power (JSPL) share price rallied over 12 per cent to Rs 108.70 apiece on BSE in Tuesday’s volatile session after the company reported a consolidated net profit of Rs 305.62 crore in the quarter ended March 31. The company had posted a net loss of Rs 2,713.34 crore in the corresponding quarter of last year. The stock hit the day’s low of Rs 99.20 per share. Jindal Steel and Power share price Read More