by Ritmbarah Arora
Indiabulls Ventures: The share price of Indiabulls Ventures jumped 5.1% to Rs 220.2 as of this writing. Around 1.6 million shares in volume have been traded so far. The stock price increased 19.6% since the past week and 25.9% since the last month, as per Trendlyne data. The share price of Indiabulls Ventures rallied 15% on February 20, 2020 on the news that the government found no irregularities in the deals entered by Indiabulls Group. The company is listed in 15 screeners on Trendlyne.
Suzlon Energy: The share price of Suzlon Energy skyrocketed 9.4% to Rs 2.9 for the second consecutive trading session. The stock price had rallied 8.2% to Rs 2.6 yesterday and had touched upper circuit band. Around 40.9 million shares in volume have been traded so far. The stock price gained 28.9% since the past week and 16% since the last month.
The share price of Suzlon Energy started rising after the news of the company getting approval on the proposed resolution from State Bank of India. The company’s debt of Rs 12,700 crore will be converted into sustainable and unsustainable debt and will be repaid over 20 years, as per the resolution plan. Suzlon Energy is listed in 21 screeners on Trendlyne.
India Cements: The share price of India Cements surged 5.4% to Rs 78.2 as of now. Around 2.6 million shares in volume have been traded so far. The share price gained 9% since the last week and has fallen 10% since the last month. India Cements is listed in 18 screeners on Trendlyne.
Shilpa Medicare: Shilpa Medicare’s share price advanced 5% to Rs 514 while around 91,614 shares in volume have been traded so far today. The stocks of the company had hit 52-weeks high in the yesterday’s trading session. The share price gained 17.1% since the past week and 98.1% since the last month. The company’s stock has zoomed 98% in the past month after the announced a strong third quarter result ending December 31, 2019. Shilpa Medicare is listed in 23 screeners on Trendlyne.
Vodafone Idea: The share price of Vodafone Idea went up 9.1% to Rs 4.2. Around 329.6 million shares in volume have been traded so far and is the most traded shares today. The share price is up 35% since the past week and has fallen 33.1% since the last month. Department of Telecommunications approved the merger of Indus Towers with Bharti Infratel on February 21, 2020 post which the share price started rising. Vodafone Idea is listed in 18 screeners on Trendlyne.