GAGA Share Market News

[hfe_template id='11223'] [ad_1] Shares of Apollo Micro Systems rose 3% to their day’s high of Rs 280 on Thursday, January 1, after the defence-focused company announced that its subsidiary has won a fresh order worth Rs 150 crore from a private player. This is the second order in two days. On December 31, the company secured an order worth about Rs 420 crore, including a large contract from a subsidiary of Maharatna PSU Coal India. In an exchange filing earlier in the day, Apollo Micro Systems said its step-down subsidiary, IDL Explosives Limited, has secured a running contract for the supply of bulk explosives to subsidiaries of Coal India Limited. The value of this contract stands at Rs 419.39 crore. In addition, IDL Explosives has also received an export order worth Rs 1.5 crore for the supply of cartridge explosives. The company said the cumulative value of the orders received by IDL Explosives amounts to Rs 420.89 crore. The orders have been awarded in the ordinary...

[hfe_template id='11223'] [ad_1] Shares of Shriram Finance Ltd gained as much as 1.3% to hit a record high of Rs 1,009 on the first day of 2026. With today’s gain, the share price is up for a third session in a row and has risen nearly 6% over the same period. In 2025, the stock price rose as much as 72%. One of the major reasons for the strong performance was Japan based MUFG agreeing to acquire a 20% stake in Shriram Finance for $4.4 billion, marking the Japanese bank’s largest ever investment in India and surpassing its earlier cumulative investments of $1.7 billion. What are analysts saying? International brokerage Nomura has raised its target price on the stock to Rs 1,140, implying an upside of 14.4% from current levels. While MUFG Bank will be classified as a public shareholder, Nomura highlighted that it will have the right to nominate up to two non independent directors on the board. In the brokerage’s view, the presence of a leading Japanese bank could add valu...

[hfe_template id='11223'] [ad_1] Warren Buffett steps down as chief executive of Berkshire Hathaway today, closing one of the longest and most consequential tenures in modern corporate history and forcing investors to confront whether America’s most venerated conglomerate can thrive without the man who defined it? The retirement, announced at Berkshire’s annual shareholders’ meeting earlier this year, hands day-to-day control to vice-chairman Gregory Abel from January 1. Buffett, now 95, will remain chairman and has said he will still come to the office. But his exit from operational leadership ends a six-decade chapter that transformed a struggling textile maker into a sprawling financial colossus and reshaped the contours of American capitalism. Today, Berkshire is the ninth-most-valuable company in the United States. It is the country’s second-largest property and casualty insurer, with tradeable stocks, bonds and cash worth nearly $700 billion, and it controls roughl...

[hfe_template id='11223'] [ad_1] Shares of Cupid Ltd, a smallcap FMCG player, extended their upward march on Wednesday, touching a new all-time high of Rs 519.90 on the BSE. The stock has now delivered a remarkable 58% rally over the past one month. Cupid’s rally has been steep and consistent. Over the past year, the stock has surged nearly 584%, while its year-to-date gain stands at an impressive 579.91%. In just the last six months, the stock has climbed 383%, while the three-month gain is 141.22%. Even in shorter windows, Cupid has remained strong, rising 57.5% in one month, 20.92% in two weeks, and 9.65% in the last week. While the latest leg of the rally is not tied to any fresh announcement, it follows two significant updates from the company in recent weeks. On Monday, Cupid announced that it had received in-principle board approval to set up its first overseas FMCG manufacturing facility in Saudi Arabia. The facility is aimed at enhancing its regional supply capa...

[hfe_template id='11223'] [ad_1] IFCI shares surged 7.30% to Rs 54.12 during Wednesday’s trading session after the company disclosed the sale of its equity stake in North Eastern Development Finance Corporation Ltd (NEDFi). In an exchange filing to the BSE, IFCI announced that it has monetised its 10% equity holding in NEDFi, consisting of 1 crore equity shares acquired at a cost of Rs 10 crore. The stake was sold for a total consideration of Rs 121.77 crore, resulting in significant value realisation for the company. Despite the sharp rally, the stock is still trading well below its 52-week high of Rs 74.50. The 52-week low for the stock stands at Rs 36.20. Over the past year, IFCI shares have declined by around 13%, though the stock has delivered a strong rally of nearly 300% over the last three years. From a valuation perspective, IFCI is currently trading at a price-to-earnings (P/E) ratio of 35.81, while its price-to-book (P/B) ratio stands at 0.9. On the technical ...

[hfe_template id='11223'] [ad_1] Shares of Multi Commodity Exchange of India (MCX) traded strongly on Wednesday, hovering close to their all-time high, after global brokerage Morgan Stanley upgraded the stock and raised its target price significantly. The brokerage upgraded MCX to ‘Equal Weight’ from ‘Underweight’ and hiked its target price to Rs 11,135, up from the earlier Rs 6,710. The stock rose over 2% to touch an intraday high of Rs 11,198, just shy of its 52-week high of Rs 11,218.45 on the BSE. The brokerage cited a sharp jump in Average Daily Transaction Revenue (ADTR) over the past three months, primarily driven by heightened volatility in gold and silver prices, which contributed nearly 55% to ADTR during the period. Despite its strong price performance, Morgan Stanley acknowledged that MCX's valuation remains expensive, but added that sustainable ADTR could help normalize valuation multiples over time. It also revised its EPS estimates upward by 15% for FY...

[hfe_template id='11223'] [ad_1] Shares of Tata Steel rose as much as 3% to their day’s high of Rs 181 on December 31 after the Indian government announced the imposition of a safeguard duty on certain steel product imports, a move aimed at curbing low-cost shipments and protecting domestic producers. With today’s surge, the stock is up 7% in 3 sessions and 31% in 2025. According to a finance ministry order published on Tuesday, India will levy a safeguard duty ranging between 11% and 12% on select steel imports for a period of three years. The duty will be implemented in a phased manner, starting at 12% in the first year, easing to 11.5% in the second year and further to 11% in the third year. The measure is intended to shield the domestic steel industry from a surge in cheap imports, particularly from countries such as China. The order, published in the official government gazette, applies to imports originating from China, Vietnam and Nepal, among others. However, it ...

[hfe_template id='11223'] [ad_1] The shares of Elitecon International, a little-known small-cap, locked at the 5% upper circuit on Wednesday, snapping a three-session losing streak and reigniting investor interest in one of India’s most volatile multibaggers after an 850% surge over the past year, as markets staged a tentative year-end rebound. Elitecon International rose to Rs 99.80 on the BSE on the day, hitting its daily upper circuit. The rally coincided with a modest recovery in Indian equities, with the Sensex and the Nifty 50 trading marginally higher on the final trading session of 2025 after four straight days of losses. The stock’s sharp move reflected renewed buying interest in a counter that has delivered eye-popping long-term gains but has also tested investor nerves with wild price swings. From penny stock to multibagger Despite recent volatility, Elitecon’s longer-term performance remains extraordinary. Since August 2024, the stock has returned more than 7...

[hfe_template id='11223'] [ad_1] Shares of MMTC Ltd declined sharply on Tuesday, falling 4.88% to hit a day’s low of Rs 67.21 on the BSE, as gold and silver prices retreated from their recent peaks in both domestic and global markets. The dip in bullion prices weighed on market sentiment for bullion-linked companies, including MMTC, which has a significant presence in the trading of precious metals. MMTC Limited is a government-owned enterprise that operates in the bullion segment through its joint venture MMTC-PAMP India, which is involved in the refining and retailing of gold and silver bars and coins. The company's performance is often seen moving in tandem with the broader trends in gold and silver prices, as higher prices can drive investor interest and increase trading volumes. The fall in MMTC shares comes after both gold and silver saw a sharp pullback following a recent rally to record highs. The cooling off in prices is being attributed to profit-taking act...

[hfe_template id='11223'] [ad_1] Traders in the futures and options (F&O) segment are advised to take note that the revised lot sizes for Nifty, Bank Nifty, and two other index derivatives, as per an earlier NSE circular, will come into effect starting January 2026 contracts. While the National Stock Exchange (NSE) had announced the changes earlier, these will now be implemented from the expiry cycle following December 2025, impacting all contracts in the January 2026 series and beyond. As per the revised framework: Nifty 50 lot size will be reduced from 75 to 65 units Bank Nifty will see a change from 35 to 30 units Nifty Financial Services will move from 65 to 60 units Nifty Midcap Select will be revised from 140 to 120 units The lot sizes for other indices, including the Nifty Next 50, will remain unchanged.This adjustment will not affect the weekly and monthly contracts expiring in December 2025, which will continue to be traded under the current lot sizes. The r...

[hfe_template id='11223'] [ad_1] Shares of the food delivery and quick-commerce company Eternal slid as much as 2.6% on Tuesday to an intraday low of Rs 275.55 on the BSE, sinking to their lowest level in more than five months, following reports that Blinkit’s CFO, Vipin Kapooria, had decided to move on from the company. Kapooria’s resignation comes a little over a year after he joined Blinkit in September 2024. Details on who will replace him remain unclear. Before joining Blinkit, Kapooria spent more than seven years at e-commerce giant Flipkart, where he was vice president of business finance. He is expected to return to Flipkart as the company gears up for its planned initial public offering in 2026. Blinkit had hired Kapooria as its CFO after a long gap, marking the first time the company had a full-time designated CFO since Amit Sachdeva, who served as CFO and head of finance between 2019 and 2022, left the firm. His appointment came just months after Zomato, now r...

[hfe_template id='11223'] [ad_1] The government’s clearance of defence procurement proposals worth Rs 79,000 crore could emerge as a fresh catalyst for India’s defence sector, reinforcing the view that a sustained capital expenditure upcycle is underway as New Delhi accelerates indigenisation under the Atmanirbhar Bharat programme. Analysts say approvals by the Defence Acquisition Council (DAC) are translating into strong multi-year order visibility for domestic manufacturers, while also deepening localisation and expanding private-sector participation. The steady flow of large-ticket clearances is expected to improve execution certainty and earnings visibility, with companies across missiles, defence electronics, unmanned systems, naval shipbuilding and sustainment services seen as key beneficiaries. The capital proposals, cleared during the winter session, have pushed FY26 year-to-date approvals to Rs 3.3 trillion, nearly double the annual defence capital outlay of Rs ...

[hfe_template id='11223'] [ad_1] Dalal Street investors became richer by Rs 30.20 lakh crore this year, helped by over 8 per cent surge in the BSE benchmark Sensex, despite facing multiple headwinds in the form of foreign fund exodus, tariff-related uncertainties, elevated valuations and a weakening rupee. Analysts said despite the headwinds, stock markets demonstrated resilience, helped by strong domestic investor support and macroeconomic stability, which was marked by strong GDP growth. "Despite outflows continuing to be an issue for foreign investors, the resilience of the market was demonstrated. One of the key drivers for the Indian market in 2025 has been the presence of robust domestic investor support," Nitin Rao, CEO, InCred Wealth, said. Till December 29, this year, the 30-share BSE Sensex jumped 6,556.53 points, or 8.39 per cent. The benchmark hit its record high of 86,159.02 on December 1. The market capitalisation (mcap) of BSE-listed firms surged...

[hfe_template id='11223'] [ad_1] Shares of MMTC Limited jumped 10.5% to an intraday high of Rs 71 on Monday, extending a seven-day winning streak. The stock has gained over 31% during this period, supported by rising gold and silver prices, which have lifted trading volumes and sentiment for bullion-linked firms such as MMTC. The sharp rise in MMTC shares comes amid a strong rally in gold and silver prices, which have touched fresh record highs in both domestic and international markets. MMTC Limited is a government-owned trading enterprise with a significant presence in the import, export and domestic trading of precious metals, including gold and silver. The company operates in the bullion segment through its joint venture, MMTC-PAMP India, which refines and retails gold and silver bars and coins for investors and jewellery retailers. A rise in gold and silver prices typically improves business prospects and market sentiment for bullion-linked companies like MMTC, as h...

[hfe_template id='11223'] [ad_1] Shares of metal and mining major Vedanta surged 2.47% to hit a new 52-week high of Rs 616 on the BSE on Monday, December 29, as investor interest in metal stocks gained traction amid broad-based sectoral strength and after the company was declared a successful bidder for the Depo Graphite–Vanadium Block. The uptick in Vedanta also coincided with a strong rally in its subsidiary, Hindustan Zinc Ltd, whose shares touched a fresh all-time high of Rs 646.80 on the BSE during intraday trade. The rally in Hindustan Zinc has been particularly noteworthy, with the stock rising consistently over the past 19 sessions. The sustained uptrend comes amid a sharp global surge in silver prices. Internationally, silver breached the USD 82-per-ounce mark for the first time, while in domestic markets, silver futures crossed Rs 2.50 lakh per kilogram. The strong price action in silver is being closely tracked by market participants, especially those with exp...

[hfe_template id='11223'] [ad_1] Shares of Jupiter Wagons fell 3% to Rs 336.70 in Monday’s trading session, following profit booking after a five-day rally that saw the stock surge nearly 37%. The recent gains were fueled by positive investor sentiment after the company’s promoter increased its stake in the firm. The rally came on the back of a disclosure that promoter Tatravagonka A.S. acquired additional shares via the conversion of convertible warrants issued under a previously approved preferential allotment. As part of this transaction, 28.72 lakh shares were allotted at Rs 470 each, totalling approximately Rs 134.99 crore. The acquisition was completed on 19 December 2025 and disclosed the same day in line with SEBI’s insider trading rules. Before the allotment, Tatravagonka held 7.93 crore shares, representing 18.69% of the company. Post-acquisition, the holding increased to 8.22 crore shares, lifting the promoter’s stake to 19.24%. From a valuation standpoint, th...

[hfe_template id='11223'] [ad_1] The National Stock Exchange (NSE) has released its official trading holiday calendar for 2026, offering investors and traders early clarity on non-trading days across the cash and derivatives segments. According to the 2026 holiday calendar published by the NSE for both NSE and BSE, the coming year will feature seven long weekends, where a market holiday falls on a Friday or Monday, creating three-day breaks. Notably, 2026 will have one additional trading holiday compared with the current year. The official list of market holidays for NSE and BSE shows that exchanges will be closed on key national and religious observances that fall on weekdays throughout the year. These include Republic Day on January 26 (Monday), Holi on March 3 (Tuesday), Ram Navami on March 26 (Thursday), Mahavir Jayanti on March 31 (Tuesday), Good Friday on April 3 (Friday), Ambedkar Jayanti on April 14 (Tuesday), Maharashtra Day on May 1 (Friday), Bakri-Id on May 28...

[hfe_template id='11223'] [ad_1] Shares of Vikran Engineering surged 9.5% to touch Rs 110.35 on the BSE on Monday, December 29, after the company announced that it had accepted Letters of Award (LOAs) for solar power projects worth 45.75 MW AC capacity in Madhya Pradesh. The projects, granted under the PM KUSUM-C scheme by M.P. Urja Vikas Nigam Limited, will be implemented in Vidisha district for supplying power to Madhya Pradesh Power Management Company Limited (MPPMCL). The solar power plants will be developed under the Surya Mitra Krishi Feeders Scheme, a feeder solarisation initiative supported by the Ministry of New and Renewable Energy. Vikran Engineering will serve as the Renewable Power Generator (RPG) for these grid-connected solar PV-based plants. The awarded projects carry a power purchase agreement tenure of 25 years, with tariffs ranging between Rs 2.75 and Rs 2.80 per kilowatt-hour (kWh), as specified in the LOAs. According to the company, the LOAs were iss...

[hfe_template id='11223'] [ad_1] Synopsis Although the Nifty and Sensex are range bound, market breadth has a bullish bias. At this juncture, keep an eye out for things the market is overlooking. For instance, the strong upward movement in base metal prices. This will impact inflation. Similarly, the impact of Chinese dumping is also being overlooked by the market. So, while it is time to be bullish with a long-term perspective, keep some of these things in mind. Our selected stocks for today depict a strong upward trajectory in their overall average score which is based on five key pillars: Earnings, fundamentals, relative valuation, risk, and price momentum. This implies that there has been a significant improvement in their market outlook in the given time frame. Volatility, earnings, and (management) commentary are the three words that will soon be dominating the street. Now, there are phases where ignoring what is happening in the market is probably the best strateg...