Top gainer: HDFC Life 641 ▲ 47 (+7.99%)
Top loser: Trent 6,202 ▼ 187 (-2.94%)
Adani Group stocks rally amid US short-seller Hindenburg Research disbandment
Adani Group shares, including Adani Enterprises, Adani Power, Adani Ports & SEZ, and Adani Green Energy, advanced on Thursday, January 16, after the announcement of the closure of US-based short-seller Hindenburg Research, which caused a meltdown in the group shares last year after an adverse report.
Azad Engineering share price jumps 10% on ₹960 crore order from GE Vernova International
Shares of Azad Engineering opened nearly 8% higher on Thursday at ₹1,682 apiece on the NSE after the company secured from GE Vernova International LLC, USA. Azad Engineering has signed a long-term supply agreement with GE Vernova International LLC, USA, to supply highly engineered, complex rotating and stationary Airfoils for Advanced Gas Turbine Engines to meet their global demand in the power generation industry.
HDFC Life share price climbs 10% as Q3 profit rises 14% to ₹415 crore
Shares of HDFC Life Insurance Company climbed 10% on Thursday after the private sector insurer released its financial results for the third quarter of the current fiscal year. In early trade, the stock was trading at ₹653.60 apiece, reflecting an increase of 10%, on the National Stock Exchange (NSE). The market capitalisation stands at ₹1,40,707.19 crore.