Page 12 - Jbm Auto News Today : Breaking News, Live Updates & Top Stories | Vimarsana

The Nifty IT index closed 0.15 per cent up at 28843.0.

BSE shares rose 5.4 percent to Rs 603, the highest closing level since October 27, 2022, and formed bullish candlestick pattern on the daily charts with robust volumes. The stock has seen a consolidation breakout, while it has been forming higher highs, higher lows since April.

Several BSE small cap stocks, such as Rico Auto Industries and KPR Mill, are moving closer to their 52-week highs, drawing the attention of market participants and investors. The companies have showcased strong operational capabilities and a positive outlook, making them intriguing prospects for future growth. Rico Auto Industries has expertise in manufacturing automotive components while KPR Mill specializes in the textile industry. Dynamatic Technologies, with a focus on precision engineering and aerospace solutions, has also demonstrated remarkable strength. The others nearing their 52-week...

"The latest bus order we have bagged marks the largest order for PMI Electro," Satish Jain, chairman of PMI Electro Mobility, told ET. "The equity infusion will be utilised for funding operations of our SPV, expansion of our existing capacity, and research and development."

JSW Steel has given a nice breakout of recent consolidation in previous session with 2.4 percent rally and continued uptrend on Thursday too, with 2.6 percent gains to close at Rs 749, the highest closing level since January 19, 2023.