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Strong Debut for Bansal Wire Industries IPO! Bansal Wire shares made a positive debut on the stock market on Wednesday, fueled by high demand for its IPO. The share price opened at ₹356 on the NSE, a premium of 39.06% to the issue price of ₹256 per share. On the BSE, the share price began trading at ₹352.05, a premium of 37.52%. Stay tuned for more updates !! 𝗞𝗘𝗔𝗦𝗧𝗢𝗫 Best Stock Broker, Financial & investment Advisor, Equity, Commodity, Currency, SIP, Mutual Fund, PMS, Service Provider in Ahmedabad 📱+91 8989 1818 98 🌍 www.keastox.com #keastox #keagroup #Equity #Advisor #StockMarket #StockBroker #IPOListing #Bansalwires

RVNL Soars on win of New Central Railway Contract of Rs 132 Crore 📈. Since Rail Vikas Nigam Ltd (RVNL) was the lowest bidder on a Central Railway project, the benchmark stock saw a rise of more than 1% today. The project focuses on THE modification work to upgrade the wardha-ballarshah section's 1 x 25 kV Electric Traction System to the newest 2 x 25 kV AT Feeding System. This is operational as part of the 3000 MT goal loading on the central railway, which is anticipated to be accomplished in the 2012–2013 fiscal year. This victory extends RVNL's run of recent triumphs, which also includes:This victory extends RVNL's run of recent triumphs, which also includes: The Southern Railway contract for automatic signalling in the Ernakulam JN – Vallattol Nagar stretch, worth Rupees 136 crores and 47 lakhs only, is the largest signed project. The contract for Rs 191 crore was awarded to SE Railway commission for the design, supply, installation, testing, and commissioning of a 132 KV traction substation. Obtain a massive Rs 160 crore contract for building new East Coast Railway lines.The Amla-Nagpur section of the Central Railway is one of the various OHE modification projects; the projected cost is Rs 138,45,86,991.62 These participants show that RVNL is well-positioned to handle projects involving railway infrastructure in India and is committed to the government's modernization plan for the railway network. Stay tuned for more updates !! 𝗞𝗘𝗔𝗦𝗧𝗢𝗫 Best Stock Broker, Financial & investment Advisor, Equity, Commodity, Currency, SIP, Mutual Fund, PMS, Service Provider in Ahmedabad 📱+91 8989 1818 98 🌍 www.keastox.com #keastox #keaedu #keadigi #keagroup #Equity #Commodity #Currency #SIP #MutualFund #Insurance #Loan #Wealth #Management #Advisor #StockMarket #ShareMarket #StockBroker #SME #IPOListing #StartupInvestment #unlistedequity #privateequity #GDP #investments #indianeconomics #economy #Finance ##RVNL #Railway #Infrastructure #India #StockMarket #government

Wockhardt Shares Surge Nearly 40% in Five Days as Two Key Antibiotics Near Launch Wockhardt shares have been on a skyward journey, surging close to 40% in five consecutive sessions and hitting a 52-week high of Rs 943 on July 3. Bullishness over the company stems from two of its promising antibiotics, which are heading closer to a probable launch in India. This comes after the company's investigational antibiotic drug Zaynich, filed as WCK 5222 managed to successfully treat a cancer patient in the US, marking the first such instance. On top of that, the drugmaker has also applied to the Drug Controller General of India for Nafithromycin. Workhardt has secured two patents for this drug, with expirations in 2031 and 2037, providing ample time to capitalize on its robust R&D efforts. It is the company's R&D prowess and focus on niche high-margin, low competition segments that is driving bullishness for the stock. The fundraiser was aimed to gather money for Zaynich's phase 3 trials. Betting on the company's bright future, investors have also showered shares of Wockhardt with love, helping it stay in the green for 11 straight sessions. The strong uptrend helped the stock deliver 64% returns in just the past month. On July 3 as well, shares of Wockhardt surged close to 10% intraday. 𝗞𝗘𝗔𝗦𝗧𝗢𝗫 Best Stock Broker, Financial & investment Advisor, Equity, Commodity, Currency, SIP, Mutual Fund, PMS, Service Provider in Ahmedabad 📱+91 8989 1818 98 🌍 www.keastox.com #keastox #keaedu #keadigi #keagroup #Equity #Commodity #Currency #SIP #MutualFund #Insurance #Loan #Wealth #Management #Advisor #StockMarket #ShareMarket #StockBroker #SME #IPOListing #StartupInvestment #unlistedequity #privateequity #GDP #investments #indianeconomics #economy #Finance #Workhardt #Growth #Antibiotics #NewLaunch

DCX Systems Soars to 52-Week High on ₹1,250 Crore Order Win! 🚀    DCX Systems – Gained as much as ₹440 intraday today from ₹291. 50 after winning a ₹1,250 crore mega order from L&T. This major victory points to the company’s rising influence in the defense and aerospace electronics market. Key Highlights: 👉 Electronic modules manufacturing and supply has been committed through outsourcing with a timeframe of three years based on the contract signed between L&T and DCX Systems. 👉 This is subsequent to ₹32. 2 Crore purchase order of cable & wire harness assemblies for the month of June proving constant buyers interest towards the organization’s products. 👉 DCX Systems focuses on strategic electronics for the defense and aerospace markets providing cable and harnesses with environmental and electrical test services. 👉 The company has registered its shares 55% high over the last three months market dynamics which gives a positive visibility of the company’s performance.   This last order win is a powerful evidence of the company’s innovation strategy and of DCX Systems’ efficiency in providing outstanding solutions. I am glad that the company carries on growing and entering new levels in the defense and aerospace market! Stay tuned for more updates !! 𝗞𝗘𝗔𝗦𝗧𝗢𝗫 Best Stock Broker, Financial & investment Advisor, Equity, Commodity, Currency, SIP, Mutual Fund, PMS, Service Provider in Ahmedabad 📱+91 8989 1818 98 🌍 www.keastox.com #keastox #keaedu #keadigi #keagroup #Equity #Commodity #Currency #SIP #MutualFund #Insurance #Loan #Wealth #Management #Advisor #StockMarket #ShareMarket #StockBroker #SME #IPOListing #StartupInvestment #unlistedequity #privateequity #GDP #investments #indianeconomics #economy #Finance #DCXSystems #Defense #Aerospace #Electronics  #OrderWin #Growth  #SharePrice 

Akiko Global Services makes lukewarm debut on NSE SME; lists at 27% premium Shares of Akiko Global Services made a lukewarm debut on the NSE SME platform on July 2, listing at Rs 98 with a premium of a little over 27% over its IPO price of Rs 77. The company's Rs 23.11 crore from the issue was entirely a fresh issue of 30.02 lakh equity shares. Its public offer also received a rather healthy response from investors and was subscribed 34.96 times. It received maximum interest from non-institutional investors who subscribed the portion set aside for then 48.05 times. Retail investors closely followed and subscribed their allotted quota 45.57 times. Qualified institutional buyers (QIBs) also bid 10.21 times for the shares set aside for the category. The company functions as a Channel Partner for leading banks and NBFCs, focusing on the distribution and sale of credit cards and loans through tele-calling, corporate activities, feet-on-street efforts, and digital marketing. ISO-certified and driven by compliance, Akiko Global Services leverages a proprietary CRM system to safeguard customer data and efficiently manage leads. It plans to use the net proceeds from the issue to implement ERP solutions and TeleCRM, develop mobile applications for financial product solutions, meet working capital requirements, enhance brand visibility and awareness, and cover general corporate purposes. Stay tuned for more such updates!! 𝗞𝗘𝗔𝗦𝗧𝗢𝗫 Best Stock Broker, Financial & investment Advisor, Equity, Commodity, Currency, SIP, Mutual Fund, PMS, Service Provider in Ahmedabad 📱+91 8989 1818 98 🌍 www.keastox.com #keastox #keaedu #keadigi #keagroup #Equity #Commodity #Currency #SIP #MutualFund #Insurance #Loan #Wealth #Management #Advisor #StockMarket #ShareMarket #StockBroker #SME #IPOListing #StartupInvestment #unlistedequity #privateequity #GDP #investments #indianeconomics #economy #Finance #Akiko #Growth #IPOListing #Premium #NSE #SME

KALKI 2898 AD, starring Prabhas, Results in PVR INOX Stock Hike of 6%!!🚀 Multiplex operator PVR-Inox gained 6% and its stock price rose to Rs 1,512 per share on July 1. The growth originated from the Kalki 2898 AD movie starring Prabhas that performed well at the box office and an attractive film release calendar. Bollywood film ‘Kalki 2898 AD’ released three days ago became the highest-grossing Indian film of 2024 grossing Rs 415 crore worldwide and more than Rs 220 crore net in India. PVR-Inox is also stirring up interest with movies like Deadpool & Wolverine in July and Transformers One for September Over the coming years, it is forecasted that the company aims to be net-debt free and implement ‘capital-light’ strategy so that its yearly capex requirement is minimized. Currently, PVR-Inox holds the largest multiplex chain with 1757 screens located in 362 halls in 113 cities of India and Sri Lanka. Stay tuned for more updates !! 𝗞𝗘𝗔𝗦𝗧𝗢𝗫 Best Stock Broker, Financial & investment Advisor, Equity, Commodity, Currency, SIP, Mutual Fund, PMS, Service Provider in Ahmedabad 📱+91 8989 1818 98 🌍 www.keastox.com #keastox #keaedu #keadigi #keagroup #Equity #Commodity #Currency #SIP #MutualFund #Insurance #Loan #Wealth #Management #Advisor #StockMarket #ShareMarket #StockBroker #SME #IPOListing #StartupInvestment #unlistedequity #privateequity #GDP #investments #indianeconomics #economy #Finance #PVR #KALKI #Prabhas #debtfree #Inox #India #SriLanka

JB Chemicals zooms 9% after Kotak Equities initiates coverage with 'buy' rating Shares of JB Chemicals surged nearly 9% on July 1 after Kotak Institutional Equities initiated coverage on the stock with a 'buy' rating, projecting that the stock will trade at a premium to other domestically-focused companies. The brokerage set a target price of Rs 2,025 per share, implying a 15% upside potential from current levels. The optimism of Kotak analysts is driven by JB Chemical's leading market share across its legacy brand families, an imminent ramp-up of acquired portfolios, robust contract manufacturing organization (CMO) traction, and less exposure to the US, EU, and other regulated markets, coupled with an unparalleled execution track record. Kotak noted that despite a phenomenal tenfold increase in the stock over the past five years, current valuations of 21 times and 33 times EV/Ebitda and price-to-earnings estimates for fiscal 2026 do not fully capture the growth potential of the business. JB Chemical, currently ranked as the 22nd largest player in the Indian pharmaceutical market, has outperformed the Indian Pharmaceutical Market (IPM) by nearly 600 basis points over the past decade. The brokerage expects a compound annual growth rate (CAGR) of 13% in organic domestic sales from fiscal 2024 to 2027, driven by strong brands and higher medical representative productivity. Stay tuned for more updates!! 𝗞𝗘𝗔𝗦𝗧𝗢𝗫 Best Stock Broker, Financial & investment Advisor, Equity, Commodity, Currency, SIP, Mutual Fund, PMS, Service Provider in Ahmedabad 📱+91 8989 1818 98 🌍 www.keastox.com #keastox #keaedu #keadigi #keagroup #Equity #Commodity #Currency #SIP #MutualFund #Insurance #Loan #Wealth #Management #Advisor #StockMarket #ShareMarket #StockBroker #SME #IPOListing #StartupInvestment #unlistedequity #privateequity #GDP #investments #indianeconomics #economy #Finance #JBChemicals #Kotak #BuyRating #Growth #Brokerage

Godrej Properties forges ahead on the acquisition front, Its stock touches a 52- week high after infusion of fresh land. 🚀 Godrej Properties has procured new land banks across Pune and Bangalore which has seen its stocks rising and hit a high of Rs. 3,220/ share for a 52 week high. 📈 Key Highlights: 👉 Purchased 11-acre land along Hinjewadi major IT park in Pune in the financial year 2008-09 with 2. Potential for two million sq ft of development and Re 1,800 crore of revenues. 👉 Bulk booking of 7 acre land in Thanisandra, Bengaluru for executing a luxury housing project of 9 lakh sq ft and revenue of Rs 1,200 crore. 👉 Announced the highest-ever pre-sales of Rs 22,500 crore for the FY24 with an annual growth rate of 84%. 👉 Target set for Rs 27,000 crore pre-sales in FY25 in its current business representing YoY growth of 20 per cent. Analysts at Motilal Oswal have shared a 'buy' call for Godrej Properties and upped the target price to Rs 3,600 per share, indicating an upside of 13% from current levels. Stay tuned for more updates !! 𝗞𝗘𝗔𝗦𝗧𝗢𝗫 Best Stock Broker, Financial & investment Advisor, Equity, Commodity, Currency, SIP, Mutual Fund, PMS, Service Provider in Ahmedabad 📱+91 8989 1818 98 🌍 www.keastox.com #keastox #keaedu #keadigi #keagroup #Equity #Commodity #Currency #SIP #MutualFund #Insurance #Loan #Wealth #Management #Advisor #StockMarket #ShareMarket #StockBroker #SME #IPOListing #StartupInvestment #unlistedequity #privateequity #GDP #investments #indianeconomics #economy #Finance #GodrejProperties #acquisition #freshland #Analysts #MotilalOswal #52weekhigh

IREDA stock soars 6% on Q1 business update; up 525% from IPO price Shares IREDA surged over 6% on July 1 as the company reported a 382.62% YoY increase in loan sanctions for the June 2024 quarter, totaling Rs 9,136 crore compared to Rs 1,893 crore a year earlier. The company's loan disbursements also rose 67.61% YoY to Rs 5,320 crore from Rs 3,174 crore in the June 2023 quarter. The firm's outstanding loan book grew to Rs 63,150 crore in Q1FY25, up 33.77% from Rs 47,207 crore a year ago. IREDA is likely to raise equity capital through FPO, subject to the government's consent, the company's management told CNBC-TV18 in an interaction today. The FPO is likely to take place between November this year and February next year as the company needs an equity infusion again. Last year, in November, the stock had a stellar debut as it listed at a premium of 56.25% over the IPO issue price. It has been actively promoting, developing, and extending financial assistance for new and renewable energy projects, as well as energy efficiency and conservation projects for over 36 years. Stay tuned for more such updates!! 𝗞𝗘𝗔𝗦𝗧𝗢𝗫 Best Stock Broker, Financial & investment Advisor, Equity, Commodity, Currency, SIP, Mutual Fund, PMS, Service Provider in Ahmedabad 📱+91 8989 1818 98 🌍 www.keastox.com #keastox #keaedu #keadigi #keagroup #Equity #Commodity #Currency #SIP #MutualFund #Insurance #Loan #Wealth #Management #Advisor #StockMarket #ShareMarket #StockBroker #SME #IPOListing #StartupInvestment #unlistedequity #privateequity #GDP #investments #indianeconomics #economy #Finance #IREDA #Growth #FPO

Customs Duty Exemption surges Indian Defense Stocks !! 📈 The Indian government’s action in extending the customs duty exemption on defense equipment imports has helped stocks like HAL, BDL & BEL. This concurs with the government’s plan on the enhancement of the domestic defense industry. This exception is for class/series like military helicopters, related equipment and ground support. The continuity in the policy on the sector has influenced investor interest on the sector. Defense related stocks have rallied; HAL, BEL, BDL up over 1 pc. It is forecasted that the industry would reach $ 11. 8 billion by 2029 and the private sector will be 22 % of the total ICT market. New target prices have been given and are Rs 339 BEL (buy), Rs 6,145 HAL (buy), Rs 3,458 MDL (buy), and Rs 5,216s BEML (buy). Over the years, the defense industry imposed certain evolutions while encouraging the domestic market by government interventions. Stay tuned for more updates !! 𝗞𝗘𝗔𝗦𝗧𝗢𝗫 Best Stock Broker, Financial & investment Advisor, Equity, Commodity, Currency, SIP, Mutual Fund, PMS, Service Provider in Ahmedabad 📱+91 8989 1818 98 🌍 www.keastox.com #keastox #keaedu #keadigi #keagroup #Equity #Commodity #Currency #SIP #MutualFund #Insurance #Loan #Wealth #Management #Advisor #StockMarket #ShareMarket #StockBroker #SME #IPOListing #StartupInvestment #unlistedequity #privateequity #GDP #investments #indianeconomics #economy #Finance #DefenseStocks #HAL #BDL #BEL #military #government