Keep an eye on these 3 trending stocks while trading in the stock market – 3 trending stocks to watch out for today
Kalyan Jewellers: Kalyan Jewelers India stock surged 12% on June 16 on strong trading in the stock market. 6.4 crore shares representing 6.2% equity were also raised in six block sales. Shares of the company were trading at Rs 127.45, up 11.8% on the National Stock Exchange at 10:22 am. The stock is up 16% in the last month.
Bharat Heavy Electricals : BHEL and Titagarh Rail Systems rose 2% and 3% respectively on the morning of June 16 after signing an agreement to manufacture Vande Bharat trains through their partnership. Titagarh wagons hit a 52-week high of Rs. A value of 430 has been reached. It agreed to manufacture and supply 80 fully-built Vande Bharat sleeper train sets by 2029 and maintain them for 35 years, led by BHEL and Titagarh Rail Systems. This is the first time that Indian Railways has awarded such a large scale contract to an Indian company. The deal is believed to be worth Rs 24,000 crore.
IKIO Lighting: At 10:16 am, shares of IKIO Lighting traded at Rs. It was trading at 404.40. It is Rs. 285 representing a premium of 41.89% over the issue price. The stock touched a high of 411.95 and a low of 391. IKIO Lighting’s Initial Public Offering (IPO) was registered at 66.30 times.
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