Adani Power share price jumps 8% with strong surge in volume; looks set to extend gains to 5th session in a row
Adani Power share price jumped over 8% in intraday trade on the BSE on Tuesday, June 10, looking set to extend gains to the fifth consecutive session. Adani Power share price opened at ₹ 565.30 against its previous close of ₹ 563.30 and jumped 8.3 per cent to an intraday high of ₹ 610. Around 2:45 PM, the Adani Group stock traded 6.33 per cent higher at ₹ 598.95, with over 2.60 crore shares traded.
(This is a developing story. Please check back for fresh updates.)
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Mint
28 minutes ago
- Mint
Tata Elxsi share price in focus as will trade ex-dividend today for dividend payout of ₹75 per share
Dividend Stock: Tata Elxsi share price will remain in focus on Wednesday. The stock will trade ex-dividend today. Tata Elxsi had set 11 June 2025 as the record date for identifying the list of eligible share holders to receive dividend and reap benefits of the dividend Record date implies that the investors who wish to benefit from Dividend payout announced by the company and receive dividend needed to buy shares of Tata Elxsi at least one day before the record date, as per T+1 Settlement procedure, for their names to appear in the list of eligible shareholders to receive the dividend payout. As per release by Tata Elxsi, Dividends on shares held in physical form will be paid to members whose names are included in the Register of Members as of Wednesday, June 11, 2025, at the end of work hours. Dividends on shares held in demat form will be paid to members whose names are included in the list of beneficial owners provided by the Depositories as of Wednesday, June 11, 2025, the end of business hours. At its meeting on April 17, 2025, the company's board of directors proposed that members approve a dividend of Rs. 75 each equity share with a face value of Rs. 10 apiece at the 36th annual general meeting. The announcement amounted to 750% dividend considering the face value of shares. Tata Elxsi Annual General Meeting or AGM details- The company had announced that on Wednesday, June 25, 2025, the company's 36th Annual General Meeting will take place by video conference or other audio-visual means. Tata Elxsi Dividend payout date - If authorized, the dividend will be paid by June 30, 2025, at the latest, after the following tax deductions are made at the source. Tata Elxsi share price on Tuesday had closed 1.10% higher on the BSE at ₹ 6703.50 Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.
Business Standard
33 minutes ago
- Business Standard
Wipro renews Metro AG partnership for additional two years
Wipro announced the extension of its partnership with Metro AG, an international food wholesaler, for an additional two years to provide digital services across cloud, data, application development, and AI-enabled IT support services. The company has been working with Metro since 2021 as a strategic IT partner, driving a change management program that has seamlessly transformed the companys entire IT landscape and significantly improved the efficiency of business operations. Aligning with Metros cloud-first strategy, and partnering with multiple hyperscalers, Wipro has successfully completed the migration of 80 percent of Metro's on-premise infrastructure to the cloud. The transformation has significantly increased the companys ability to respond to customer needs with agility and speed, enhanced cyber resilience, and helped Metro reduce its carbon footprint. As part of the extended engagement, Wipro will continue to support Metros digital transformation, leveraging the power of cloud, advanced analytics, automation, and Gen-AI-powered solutions. This will be carried out in close collaboration with Metro's internal teams, ensuring alignment with business priorities. Khaled Bagban, CIO of METRO, said, Our partnership with Wipro has helped us strengthen our IT landscape and ensure stable, reliable operations. Operational stability is critical to our core business, and this partnership plays a key role in maintaining that foundation. As we transition to the public cloud, we are creating a more flexible and scalable environment that supports our Core growth strategy at METRO. Looking ahead, we will continue to prioritize secure services and operational efficiency to enable long-term business success." Ann-Kathrin Sauthoff-Bloch, regional head and managing director Germany and Austria, Wipro, said, This extended engagement with Metro AG underscores our commitment to driving AI-powered innovation, operational excellence, and strategic growth for our clients in the food wholesale sector. This is a testament to our consultative approach and the deep collaboration we undertake with our clients to keep driving their innovation with our AI-powered solutions. We look forward to accompanying Metro on this next step of their transformation journey. Wipro is a leading AI-powered technology services and consulting company focused on building innovative solutions that address clients most complex digital transformation needs. The companys consolidated net profit jumped 6.43% to Rs 3,569.60 crore on 0.83% increase in net sales to Rs 22,504.20 crore in Q4 FY25 over Q3 FY25. The scrip advanced 1.41% to end at Rs 254.85 on the BSE.
Mint
2 hours ago
- Mint
Stocks to buy under ₹100: Experts recommend five shares to buy today — 11 June 2025
Buy or sell stocks: Despite the continuous uptrend in the Mid-cap and Small-cap indices, key benchmark indices ended flat on Tuesday. The Nifty 50 index ended marginally higher, while the BSE Sensex finished 53 points lower at 82,391. The Bank Nifty index ended 210 points downside at 56,629. Grasim, Tech Mahindra, and Dr Reddy were among the major gainers on the Nifty. Conversely, Trent, Maruti, and Bajaj Finance faced selling pressure and became major losers. The Nifty Mid-cap and Small-cap indices continued their upward journey, ending with minor gains along with the Nifty. The Nifty Small-cap index continued its upward journey for the seventh day in a row, closing at its highest level since 03-Jan-2025. The market breadth remained decisively positive for the fifth consecutive session, with advancing stocks significantly outpacing declining ones, as indicated by a BSE advance-decline ratio of 1.25. On outlook of the Indian stock market today, Siddhartha Khemka, Head of Research — Wealth Management at Motilal Oswal, said, "We expect markets to continue to consolidate and remain range-bound with a positive bias." Speaking on the outlook for the Nifty 50 today, Shiju Kuthupalakkal, Senior Manager of Technical Research at Prabhudas Lilladher, said, "The Nifty 50 index once again witnessed a sluggish session with a very narrow movement throughout the session to end on a flat note with the broader market showing some active participation to support the overall sentiment maintained positive. The index has consolidated and sustained above the 25,000 zone, maintaining the trend intact. Once the recent peak of 25,116 zones is breached decisively, one can expect fresh targets of 25,600 and 26,000 in the coming days for the index, as mentioned earlier." "The Bank Nifty index, after the strong spurt, has been witnessing a gradual slide since the last two sessions, maintaining the positive bias, and with the 56,000 zone positioned as the important support zone, the index would need another round of momentum breaching the 57,000 decisively to expect fresh upward move. As said earlier, one can expect the index to gain further for fresh upside targets of 57,800 and 60,000 achievable in the coming days with the 55,800 zone as the important support area," Shiju Kuthupalakkal said. Regarding stocks to buy today, market experts — Vaishali Parekh, Vice President — Technical Research at Prabhudas Lilladher; Mahesh M Ojha, AVP — Research at Hensex Securities; Sugandha Sachdeva, Founder of SS WealthStreet; and Anshul Jain, Head of Research at Lakshmishree Investment and Securities — recommended these five intraday stocks for today under ₹ 100: Network18, Suzlon Energy, Allcargo Gati, Filatex India, and Autoline Industries. 1] Network18: Buy at ₹ 57, Target ₹ 62, Stop Loss ₹ 55. 2] Suzlon Energy: Buy at ₹ 67.35 to ₹ 68.35, Targets ₹ 68.80, ₹ 72, ₹ 75, ₹ 78, Stop Loss ₹ 65.80; and 3] Allcargo Gati: Buy at ₹ 73.25 to ₹ 74.25, Targets ₹ 76, ₹ 78, ₹ 80, ₹ 83, Stop Loss ₹ 71.70. 4] Filatex India: Buy at ₹ 56.20, Targets ₹ 60, ₹ 63, Stop Loss ₹ 55. 5] Autoline Industries: Buy at ₹ 89.20, Target ₹ 95, Stop Loss ₹ 86. Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.
