Good days of the stock market have started. Yesterday both Sensex and Nifty closed with a big boom. This was the sixth consecutive session when the market saw a boom. The market has reached the point where action is being seen in the shares of companies with strong basic things and whose business activities bring big news. Even today the same scene is seen.
Hyundai Motor India
The board of Hyundai Motor India Limited has approved an investment of about Rs 694 crore for the establishment and operation of the tooling center in India. The company says that the purpose of this investment is to strengthen the supply chain by ensuring stamping tools and panels on time. Yesterday, the company’s shares rose over three percent to Rs 1,000. It closed at 1,751.
Railway development corporation limited
Rail Development Corporation Limited (RVNL) has said in the exchange filing that it has Rs. A project of Rs 115.8 crore has been achieved. The impact of this news of the order book has been seen on RVNL shares, which increased by more than three per cent on Monday to Rs 1,000. It closed at 373.10.
Brigade Enterprises Limited
Real Estate firm Brigade Enterprises Limited said after the market was closed yesterday that it has acquired 4.4 acres of land in Whitefield, Bengaluru. A premium residential project will be launched on this land. On Monday, the company’s shares rose 4.26% to Rs 1,499. Closed at 1,004.90.
HCL technologies
The shares of this IT company increased by 2.31% yesterday. Today, action can still be seen in this stock available at Rs 1,602.85. In fact, HCL said after the market shutdown yesterday that it had strategic partnership with the Western Union to promote innovation and change in the financial services industry.
Garden Reach Shipbuilders
The defense sector company has signed an agreement with a German company for the construction and delivery of two ships of the Multi Purpose Vehicle (MPV) series. This news can see a boom in the company’s shares, which rose 0.20% on Monday to Rs 1,100. It closed at 1,705.