Stock News and Filings Feed
American inventor Elisha Graves Otis built the first safety elevator in 1952. In the 1870s, Otis entered Europe. Its elevators were installed at the Kremlin, Balmoral Castle, the Hungarian Royal Palace and the Eiffel Tower. In the early 1900s, the Buckingham and the Mysore Palaces were also home to Otis elevators
Driven by intense buying, a comeback rally in midcaps, and steady earnings from index majors, the market Friday hit fresh all-time highs. It settled at record closing highs as well. The Sensex clocked 31,000-mark and ended above it for the first time ever, while the Nifty ended a tad lower than the 9600-mark scaled intraday.
Falling crude prices on the back of disappointment on the Street due to OPEC’s production policy pushed up stocks of aviation as well as paint companies.
Here are a few top buzzing midcap stocks picked by CNBC-TV18's analysts in trade today -- Dish TV, Sintex, Global Vectra, Bharat Financial, Shalimar Paints, Shree Renuka, Raymond, Jain Irrigation, Lupin, and PC Jeweller.
A host of firms including Adani Enterprises, Adani SEZ, Amara Raja Batteries, Asahi India, Bharat Forge, Dish TV, Emkay, Fineotex, GE T&D, Gujarat Gas, GVK Power, Jain Irrigation, Jubilant Ind, Kaveri Seed, Lupin, Praj Ind, PNC Infra, Religare Enterprises, Somany Ceramics, Shalimar Paints, Sona Koyo, Sundram Fasteners, Tata Investment, TVS Srichakra and Zee Media will announce their quarterly and annual results for the period ended March 2017 on Wednesday.
While markets appear to be in an overheated zone, smart investors are still picking up stocks selectively. Deal data seems to suggest that Porinju Veliyath of Equity Intelligence, who is better known for buying turnaround stories that are often neglected by the markets, has recently cornered close to 100,000 shares of Shalimar Paints at Rs 197.84 a share.
Here are a few top buzzing midcap stocks picked by CNBC-TV18's analysts in trade today -- India Cements, Yes Bank, Nucleus Software, Jay Bharat Maruti, Sun TV, Shalimar Paints, Jet Airways, SpiceJet, and Interglobe Aviation.
The board of directors of Shalimar Paints will meet on Friday to consider various options for fund raising, including issue of further shares on rights basis. The Kolkata-based company, however, did not elaborate on the purpose of raising funds. Investors will be keen to know the quantum of funds the company plans to raise. Besides, entitlement ratio for the shareholders and the price at which the issue will be offered to them would be the other key factors.
Shalimar Paints today said its Board will meet next week to consider various options for fund raising including issue of further shares on rights basis.
Here are a few top buzzing midcap stocks picked by CNBC-TV18's analysts in trade today - Bajaj Auto, Hero Motocorp, Tata Motors, TVS Motor, Infosys, Tech Mahindra, Dilip Buildcon, Oil and Natural Gas Corporation, Asian Paints, Kansai Nerolac, Shalimar Paints, Berger Paints and JSW Steel.