Mumbai: The stock price of Suzlon Energy, State Bank of India (SBI), Tata Motors, NTPC, REC and some other companies are trending on November 21, 2024 (Thursday). The mentioned shares in focus today as trends showed that huge number pf people are looking for queries related to these stocks.
Meanwhile, the benchmark indices BSE Sensex and NSE Nifty plunged Thursday morning as Adani Group stocks plummeted and foreign fund outflows continued. The Sensex dropped nearly 500 points to 77,091.53 at around 11:30 am. The NSE Nifty declined little over 170 points to 23,344.75.
Suzlon share price
Suzlon energy share price hit the upper circuit by jumping 5 per cent to Rs 65.33 apiece today morning. Brokerage firm Geojit Financial Services has initiated a Buy rating on Suzlon with a share target price of Rs 68.
SBI share price
SBI share price dropped nearly 4 per cent to Rs 772.90. The banking stock has been declining despite the company’s largest PSU bank exceeding estimates and posted a 27.92 per cent increase in net profit year-on-year in its Q2 2024-25 Results. In its July-September quarter results, the bank mentioned that its net profit reached Rs 18,331 crore as against Rs 14,330 crore in the second quarter of 2023-24.
Tata Motors share price
Tata Motors share price marginally down to Rs 782.40. At the current level, the Tata Group stock is down 33 per cent from its 52 week high of Rs 1179.05 which it touched on July 30, 2024.
NTPC share price
NTPC shares trading -2.29 per cent lower at Rs 357 today morning. NTPC shares are in news as NTPC Green Energy IPO was opened for subscription on November 19, 2024. The bidding will close on November 22. The Rs 10000 crore public issue is yet to create any buss in the grey market. The NTPC Green IPO latest GMP stood at Rs 0.80, which indicates a gain of meagre 0.74 per cent, investorgain reported.
REC share price
REC share price dropped 5 per cent to Rs 490.45 apiece today morning. In its Q2 Results 2024-25, state-owned REC posted around 7 per cent rise in its consolidated net profit to Rs 4,037.72 crore as against Rs 3,789.90 crore in second quarter of 2023-24. The total income increased to Rs 13,706.31 crore in the July-September quarter under review from Rs 11,684.89 crore a year ago.
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