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Black Box Shares Hit 5% Upper Circuit After JM Financial Sees ₹670 Target – What’s Driving The Rally?

Shares of Black Box Ltd, a leading IT solutions and infrastructure services company, hit the 5% upper circuit at ₹581.80 on NSE on Monday, June 30, 2025, after brokerage firm JM Financial initiated coverage with a ‘buy’ rating and a target price of ₹670, implying a further 15% upside from current levels. The stock has…

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ITI Shares Hit 5% Upper Circuit on ₹1,901 Crore BharatNet Order from BSNL: What’s Driving the Rally?

Shares of ITI Ltd surged and locked in a 5% upper circuit at ₹323.80 on the NSE on Monday, June 30, 2025, after the company announced that it has received a work order worth ₹1,901 crore from Bharat Sanchar Nigam Ltd (BSNL) under the ambitious BharatNet Phase-II project. The announcement marks a significant development in…

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RattanIndia Power Share Price Jumps Another 11%, Rallies 35% In June – What’s Powering The Surge?

RattanIndia Power Ltd (RPL) shares continued their stellar run, rising 11% in Monday’s trade to close at ₹9.95 on the NSE, taking total gains to 35% for June 2025. The rally has been fuelled by expectations of debt restructuring resolution, operational turnaround, and strategic investor interest in India’s stressed thermal power sector. Key Highlights ✅…

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FPIs Continue To Trim Indian G-Sec Holdings In June, Sell ₹4,994 Crore

Foreign Portfolio Investors (FPIs) continued their selling streak in Indian government securities (G-Secs) in June, offloading ₹4,994 crore worth of bonds during the month, according to data released by NSDL and Clearing Corporation of India Ltd (CCIL). This marks the third consecutive month of net outflows from Indian debt markets, raising concerns over bond market…

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Pavan Industries to Consider Stock Split and Share Capital Restructuring on July 2

Pavan Industries Ltd, a prominent player in India’s automotive components sector, has announced that its Board of Directors will meet on July 2, 2025, to deliberate a stock split proposal and potential changes in the company’s authorized share capital. The move is aimed at enhancing stock liquidity, improving affordability for retail investors, and aligning the…

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