ISGEC Heavy Engineering advanced 2.90% to Rs 476.95 after the company said it received an order from Shree Cement to set up waste heat recovery boilers at their Raipur unit.The boilers to be set up at Shree Cement s Raipur unit, will be of two types: a PH boiler to be installed at the pre-heater exhaust, and an AQC boiler to be installed at the cooler exhaust from the 10500 TPD kiln.
According to V K Luthra, business head, industrial & green energy boilers at Isgec, this is indeed a very prestigious order for us and we thank Shree Cement for once again showing confidence in Isgec s capabilities. This is the secondproject that Isgec will be successfully setting up for Shree Cement.
Lambodhara Textiles Ltd, Rajshree Sugars & Chemicals Ltd, Forbes & Company Ltd and Palash Securities Ltd are among the other gainers in the BSE s B group today, 05 March 2021.
Lambodhara Textiles Ltd, Rajshree Sugars & Chemicals Ltd, Forbes & Company Ltd and Palash Securities Ltd are among the other gainers in the BSE s B group today, 05 March 2021.
Fertilizers & Chemicals Travancore Ltd soared 19.98% to Rs 127 at 12:03 IST. The stock was the biggest gainer in the BSE s B group. On the BSE, 4.7 lakh shares were traded on the counter so far as against the average daily volumes of 1.81 lakh shares in the past one month.
Lambodhara Textiles Ltd spiked 19.92% to Rs 56.6. The stock was the second biggest gainer in B group. On the BSE, 60614 shares were traded on the counter so far as against the average daily volumes of 14746 shares in the past one month.
Read more about MTAR Technologies IPO subscribed 200.79 times on Business Standard. The issue received bids for 145.79 crore shares as against 72.60 lakh shares on offer.
Domestic equity benchmarks declined for second trading session on Friday. Resurgent worries about rising US bond yields hit global stocks. Firm crude oil prices also spooked investors. Higher crude oil prices could increase fiscal deficit, current account deficit and stoke fuel price inflation. The Nifty closed below the crucial 15,000 mark.
The S&P BSE Sensex, tumbled 440.76 points or 0.87% at 50,405.32. The Nifty 50 index slumped 142.65 points or 0.95% at 14,938.60. Both these indices have fallen a little over 2% each in two consecutive sessions.
ICICI Bank (down 1.80%), HDFC (down 1.55%), HDFC Bank (down 1.52%) and Infosys (down 1.07%) were major drags today.
Selling was broad based. The S&P BSE Mid-Cap index fell 1.89% and the S&P BSE Small-Cap index tumbled 1.50%. Both these indices saw profit taking after rallying over 5% in the past four days.
Main indices traded sideways with modest losses in mid-morning trade. Resurgent worries about rising US bond yields hit global shares. The Nifty hovered around the 15,000 mark. All sectoral indices on the NSE traded in the red.
At 11:26 IST, the barometer index, the S&P BSE Sensex, was down 232.6 points or 0.46% at 50,613.20. The Nifty 50 index fell 78.45 points or 0.52% at 15,002.60.
In broader market, the S&P BSE Mid-Cap index was down 1.33% while the S&P BSE Small-Cap index was down 0.66%.
The market breadth turned negative. On the BSE, 1120 shares rose and 1517 shares fell.
A total of 155 shares were unchanged.
COVID-19 Update:
Total COVID-19 confirmed cases worldwide stood at 115,597,805 with 25,69,011 deaths. India reported 176,319 active cases of COVID-19 infection and 157,548 deaths while 108,39,894 patients have been discharged, according to the data from the Ministry of Health and Family Welfare, Government of India.