Market Update for September 22, 2023

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Stocks in the news today:

  • IdeaForge Technology: IdeaForge Technology’s stock price opened 3.38% higher on the NSE on September 22 after the company announced a Rs 58 crore order to supply 400 Surveillance Copter with accessories to Strategic Marketing.
  • Rail Vikas Nigam Limited (RVNL): RVNL’s stock price was trading 2.9% higher on September 22 after the company signed an MoU with the National Highways Authority of India (NHAI) for the construction of a six-lane Greenfield Varanasi Ranchi-Kolkata Highway in Jharkhand.
  • JSW Steel: JSW Steel’s stock price opened 0.4% higher on September 22 after the company’s subsidiary, Caretta Minerals LLC, entered into an agreement to sell property, equipment, and mineral rights to West Virginia Properties for $24 million.
  • ICICI Lombard: ICICI Lombard’s stock price opened 1.6% lower on September 22 after Bhargav Dasgupta resigned as MD & CEO of the general insurance company.
  • ICICI Bank: ICICI Bank’s stock price dropped nearly 1% in early trade on September 22 after the bank entered into an agreement for the investment of nearly Rs 5 crore in healthcare services platform Quantum CorpHealth.
  • NHPC: NHPC’s stock price gained around 1.3% at open on September 22 after the Government of India extended Rajeev Kumar Vishnoi’s additional charge as Chairman and Managing Director of NHPC by 6 months.
  • Kalyani Forge: Kalyani Forge’s stock price opened 3.19% higher on September 22 after the company’s shareholders approved the appointment of Viraj Gaurishankar Kalyani as the Managing Director.
  • IRB Infrastructure Development: IRB Infrastructure’s stock price opened 2.5% higher on September 22 after the company’s special purpose vehicle Samakhiyali Toll way achieved financial closure for the implementation of the Rs 2,092 crore project of upgradation to six lanes with paved shoulder of NH-27 in Gujarat on design, build, finance and transfer BOT (Toll) mode.

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  • 22 Sep

    Glenmark Pharma stock falls on stake sale in Glenmark Life Sciences

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  • 22 Sep

    Berger Paints Shares Hit 52-Week High After Turning Ex-Bonus

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  • 22 Sep

    Lux Industries Shares Down 3% After Income Tax Raid

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  • 22 Sep

    HDFCB Clarifies on Merged Financials

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