Prakash Pipes Limited
NSE: PPL | Information Technology
Market Fundamentals
Stock Intelligence & News
South Korea's SK Hynix slides over 5% ahead of $29 billion Wall Street debut
South Korea's SK Hynix is poised for a massive US listing, aiming to raise around $29 billion to capitalize on booming AI demand. Despite a 5% dip on Monday, the chipmaker's shares have soared this year, driven by its crucial role in supplying AI systems. This blockbuster offering, set to be one of the world's largest, underscores South Korea's commitment to semiconductor and AI leadership.
Read Full Analysis →Diamond Power Infrastructure shares jump 10% after Rs 435 crore order for Hyderabad data centre projects
Diamond Power Infrastructure's stock surged after securing a substantial Rs 435 crore order for power cables for Hyderabad's 310 MW data center projects. This significant deal, involving major players like L&T, Sterling & Wilson, and Blue Star, underscores the company's growing prominence in supplying critical infrastructure for India's booming data center segment. The order, one of the largest of its kind, highlights Diamond Power's manufacturing prowess and reliability.
Read Full Analysis →Shakti Pumps shares surge 8% on Rs 354 crore solar pump order from MSEDCL
Shakti Pumps shares rose sharply on Monday trade after the company won a Rs 353.89 crore order from MSEDCL. The contract covers the supply, installation and commissioning of 15,000 off-grid solar photovoltaic water pumping systems under Maharashtra's Magel Tyala Saur Krushi Pump Yojana.
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Delhi Water Supply To Be Hit Due To Maintenance Work - Check List Of Areas Affected
The pipeline interconnection is a part of the Delhi Jal Board's ongoing efforts to modernise the city's water infrastructure
Read Full Analysis →Oil prices slip as OPEC+ output hike fuels oversupply concerns
Oil prices slip as OPEC+ output hike fuels oversupply concerns
Read Full Analysis →Global Market Today: Shares edge higher in Asia as oil dips, earnings loom
Asian markets saw gains as Wall Street futures rose, buoyed by hopes of strong earnings and easing oil prices. Reduced inflation fears have lessened the likelihood of a near-term Federal Reserve rate hike, allowing investors to anticipate a tech profit boom driven by AI. Samsung Electronics is expected to report a significant profit jump, highlighting the strong performance of chipmakers amidst high demand and tight supply.
Read Full Analysis →Oil Prices Today: Brent Falls Below $72 After OPEC+ Raises August Supply Targets
Crude prices eased as tanker traffic through the Strait of Hormuz improved and OPEC+ approved another production increase for August, adding to supply concerns.
Read Full Analysis →Stocks in news: HDFC Bank, Vedanta Power, YES Bank, Sun Pharma, Waaree Energies
Indian markets surged for a third straight day, buoyed by global sentiment and strong performance from heavyweight stocks like HDFC Bank and YES Bank. Analysts note a technical breakout, though resistance looms. Several companies, including Dabur India and Vedanta Power, reported positive quarterly updates, while Tata Power withdrew a controversial distribution application. ONGC's leadership eligibility criteria have also been broadened.
Read Full Analysis →Income tax department slaps notices on foreign investors with no earnings
Foreign investors are receiving unexpected tax notices in India, even for transactions where no profit or dividend was earned. The tax department is initiating reassessment proceedings, questioning the absence of income tax returns for share purchases. Experts highlight that such notices, potentially triggered by remittance data, may be misapplied to transactions that didn't generate income, causing confusion and compliance burdens for overseas entities.
Read Full Analysis →Japan Space Probe Performs Flyby Of Asteroid. It May Help Protect The Earth
Online footage supplied by JAXA showed scientists applauding in a control room.
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