Buzzing Stocks Today, Stocks that will see action today: 6 August 2024 - MTNL, Lupin, RITES, Hudco, Sandhar Tech, Power Mech Projects, New India Assurance, VA Tech Wabag

Stock that will see action today: 6 August 2024

Of these 505 stocks, as many as 83 per cent or 420 stocks belonged to ‘XT’, ‘T’, ‘X’, and ‘Z’ categories

MTNL, Cochin Shipyard, Atul Auto among 505 stocks locked in lower circuits

The government allocated Rs 69,000 crore in the first revival package in 2019 to BSNL and MTNL that brought down operating costs.

MTNL Seeks Rs 1,151 Crore To Pay Interest On Sovereign Guarantee Bonds

Debt-ridden state-run telecom firm MTNL has sought Rs 1,151.65 crore for payment of interest arising out of sovereign guarantee bonds in the current fiscal, Parliament was informed on Thursday.

MTNL seeks Rs 1,151.65 cr for sovereign guarantee bonds interest in FY25

Antony Waste Handling Cell was the top gainer in the smallcap pack with 49.4% return, followed by MTNL (40%), Bhagiradha Chemicals and Industries (35.4%), and PC Jewellers (27.5%).

132 smallcap stocks offer double-digit weekly returns in volatile Budget week

MTNL share price: The stock surged 5 per cent to hit its upper circuit level (also a fresh one-year) of Rs 97.08. At this price, it has given multibagger returns in the past one month by rallying 119.74 per cent.

MTNL shares up 120% in a month; BSE, NSE seek clarification on ‘$5.1 billion bond bill’ report

The company is no longer solvent, said the person, who requested anonymity

Govt to handle $5.1 bn bond payments for MTNL amid liquidity crisis

MTNL share price was locked in the 5% upper circuit at Rs 88.06, MTNL stock is quoting at its highest level since January 2010

This PSU telecom stock has zoomed 110% in 2 weeks; hits over 14-year high

During the Union Budget 2024, the government decided to allocate Rs 3,668.97 crore to the PSU to pay the principal amount of bonds.

MTNL Hits 14-Year High After Government Foots The Bond Payment Bill

Axita Cotton Ltd, Pondy Oxides & Chemicals Ltd, Mahanagar Telephone Nigam Ltd and Nagreeka Exports Ltd are among the other gainers in the BSE’s ‘B’ group today, 23 July 2024.

Agri-Tech (India) Ltd leads gainers in ‘B’ group

MTNL, Sonam Clock, Pondy Oxides, GSK Pharma and Power & Instrument, hit their fresh 52-week highs at 10:29AM.

Stock market update: Stocks that hit 52-week highs on NSE

Price return has been average, nothing exciting

Performance

Seems to be overvalued vs the market average

Valuation

Lagging behind the market in financials growth

Growth

Profitability and efficiency haven't been upto the mark

Profitability

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

The stock has a moderate number of red flags

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Mahanagar Telephone Nigam Limited (MTNL) provides fixed-line telecommunication services. The Company's operating segments include Basic and Cellular.