Download Unicorn Signals App

By EquityPandit

EquityPandit

EquityPandit
MARKETS

Deepak Spinners Hit New High 18%

Shares of Deepak Spinners Ltd rallied 18 per cent and hit a new high of Rs 199 on the BSE in intra-day trade on Friday after investor Dolly Khanna bought a 1 per cent stake in the textiles company via the open market.

On Thursday, June 24, 2021, Dolly Khanna purchased 76,555 shares, representing a 1.06 per cent stake, in Deepak Spinners worth Rs 1.28 crore via the open market. Dolly Khanna acquired shares at Rs 167.21 per cent through a bulk deal on the BSE, the exchange data shows.

Survat Jain has sold 41,302 shares for Rs 156.43 per share, the data shows. The names of the other sellers were not ascertained immediately. Dolly Khanna, who has been investing in the stock markets since 1996, has a net worth of over Rs 248 crore, as per Trendline. She holds a more than 1 per cent stake in nine listed companies include Rain Industries, KCP, Neuland Laboratories, Nucleus Software, Butterfly Gandhimathi Appliances and NCL Industries, Trendlyne data shows.

Stock Covered in the news

Deepak Spinners Ltd-View Detailed Analysis

Get Daily Prediction & Stocks Tips On Your Mobile


I would like to receive communication from EquityPandit via sms, email, whatsapp, Google RCS for offers, updates etc.
MARKETS

GPT Infraprojects Shares Shot Up 13% on Securing Rs 481 Crore Order 

Ali Waghbakriwala

Shares of GPT Infraprojects Ltd shot up more than 13% on Thursday, 20 March, after it emerged as the lowest bidder (L1) for a significant railway infrastructure project. To complete the assignment, the engineering, procurement, and construction (EPC) mode will be employed.

CAO Construction, South Eastern Railway, Kolkata, has awarded a contract worth Rs 481.11 crore for the construction of a significant bridge over the Rupnarayan River.

The project includes an elevated platform, viaducts, and down and middle-line bridges at West Bengal’s Kolaghat station, which is situated on the Howrah-Kharagpur route, according to an exchange filing made by GPT Infraprojects Ltd.

The financial performance of GPT Infraprojects was excellent, as evidenced by the growth in revenue from operations from Rs 253.75 crore in Q3FY24 to Rs 278.07 crore in Q3FY25.

The net profit of the company increased significantly from Rs 14.91 crore in December 2023 to Rs 21.41 crore. Additionally, EBITDA increased 17.99%, from Rs 30.24 crore to Rs 35.68 crore, over the same time last year.

Kolkata-based GPT Infraprojects operates in two business segments: the sleeper division and the infrastructure division. Big bridges and road overbridges for highways and railroads are among the civil and infrastructural projects the company specializes in completing under government contracts.

In the sleeper segment, the company manufactures and supplies concrete sleepers for railroad networks in India and Africa. Panagarh, West Bengal; Ladysmith, South Africa; Tsumeb, Namibia; and Eshiem, Ghana, are the locations of its manufacturing plants.

At 3:30 pm, the shares of GPT Infraprojects closed 6.04% higher at Rs 101.23 on NSE.

Ask the analyst & get instant answer about GPT Infraprojects Ltd.

Tired of missing hot stocks? Unicorn Signals provides powerful tools like stock scans and more help you make informed trading decisions. Download now and take control of your portfolio!

MARKETS

Garden Reach Shares Soar 8% on MoU with Nagaland Government

Ali Waghbakriwala

Shares Garden Reach Shipbuilders & Engineers Ltd (GRSE) soared 8% on Thursday, 20 March, after the company announced signing a new Memorandum of Understanding (MoU) with the Nagaland Government. 

The state-owned defense shipyard has agreed to provide PWD Nagaland with eight double-lane modular steel bridges as part of an infrastructure upgrade arrangement. 

As part of its growing portfolio, Garden Reach has already delivered modular bridges to the Border Roads Organization (BRO), the National Highway Infrastructure Development Corporation Ltd. (NHIDCL), several state governments, and neighbouring countries like Bangladesh, Bhutan, Nepal, Myanmar, and Sri Lanka. As of right now, the company has shipped over 5,800 modular bridges.

In addition to building infrastructure, Garden Reach is developing naval shipbuilding. The business just finished the Contractor Sea Trials for two destroyers that will join the Indian Navy: the Androth and the Himgiri.

Its December quarter was fantastic, with considerable increases in both revenue and profit as well as better margins. While revenue increased 37% to Rs 1,271 crore, the company’s net profit increased 12% to Rs 98 crore. 

Pierroberto Folgiero, CEO of Fincantieri, emphasized India’s growing significance as a worldwide centre for shipbuilding; peers Mazagon Dock and Cochin Shipyard also saw significant increases on Wednesday.  

At 1:48 pm, the shares of Garden Reach were trading 5.85% higher at Rs 1,737.50 on NSE. 

Stay Ahead with Garden Reach Shipbuilders and Engineers Ltd. Ask the Analyst.

Tired of guessing stocks to trade in daily?
Unicorn Signals empowers you with powerful tools like daily stock scans for Intraday, Swing & Investing, Market Predictions and much more. Download the Unicorn Signals app today and take control of your investments!

MARKETS

Paras Defence Shares Skyrocketed 10% on Securing Rs 142 Crore Order 

Ali Waghbakriwala

The share price of Paras Defence and Space Technologies Ltd skyrocketed by 10% on Thursday, 20 March, after the company received an order from the Defence Research and Development Organization (DRDO) worth over Rs 140 crore.

The company, in an exchange filing, said, “Paras Defence and Space Technologies Limited has received an order from Center for High Energy Systems & Sciences (CHESS), DRDO, Ministry of Defence, Government of India, Hyderabad valued at approximately Rs 142.31 crores for Development of Laser Source Module and Integration with Beam Control System (BCS) on Mobile Platform.”

The company added that this order is a part of the High-Power Laser System order that is meant for anti-drone and anti-missile applications.

The corporation stated that the transaction must be completed within 24 months.

The shares of the company have been rising since the German Parliament voted in favour of raising the defence budget. A positive sentiment following Europe’s increased defence spending, which was predicated on the anticipation that Indian defence companies would boost their shipments to Europe, was the main driver of the spike in defence and shipbuilding stocks.

At 12:54 pm, the shares of Paras Defence were trading 5.80% higher at Rs 1.009.20 on NSE.

Wondering About Paras Defence? The Analyst Has Answers.

Ready to invest like a pro? Unicorn Signals app equips you with 100+ Free tools and knowledge you need to succeed. Download the Unicorn Signals app and gain access to daily stock lists and insightful market analysis and much more!

MARKETS

NCC Shares Surge 6% on Securing Order Worth Rs 2,130 Crore 

Ali Waghbakriwala

Shares of NCC Ltd surged 6% on 20 March after the company announced that it had received a letter of acceptance (LOA) for Rs 2,129.60 crore from the Andhra Pradesh Capital Region Development Authority.
 
In an exchange filing, the company said, “We are pleased to inform that, the Company has received Letter of Acceptance dated 19 March, 2025 from Andhra Pradesh Capital Region Development Authority for construction of roads, drains, water supply, sewage, utility ducts for power and ICT, reuse waterline and avenue plantation etc. at Zone-12 villages area in Amaravati Capital City, Andhra Pradesh.” 

According to the terms of the order, NCC will construct roads, drainage, water supply, sewage, utility ducts for power and ICT, reusing water lines, and avenue plantations under a lumpsum contract (percentage tender).

NCC states that the construction must be completed within 36 months or three years. 

NCC was founded in 1978 and focuses on turnkey engineering, procurement, and demolition (EPC) contracts and build, operate, and transfer (BOT) projects using Public-Private Partnership (PPP) models. 

The company works in a wide range of industries, including building projects, railroads, metals, mining, irrigation, water and environmental services, electrical work, and road construction. 
 
Additionally, NCC has substantial assets in real estate, energy, and transportation projects through its 82.1% ownership of NCC Urban Infrastructure and its 62.1% ownership of NCC Infrastructure Assets Limited. To expand its footprint in the Middle East, the company has subsidiaries in Dubai and Muscat. 

At 11:52 am, the shares of NCC were trading 3.28% higher at Rs 203.20 on NSE. 

Curious About NCC Ltd? Ask the Analyst.

Unlock profitable opportunities every day! Unicorn Signals provides actionable intraday trading signals for stocks and futures. Don’t miss out – download Unicorn Signals and start winning now!

MARKETS

Stocks in Focus: UltraTech Cement, Wipro, Dhanlaxmi Bank, and Others

Ali Waghbakriwala

The GIFT Nifty futures, which is an early indicator of the Nifty50 index, was trading 0.01% higher by 2 points at 23,069 indicating that the domestic benchmark indices are likely to make a positive start on Thursday.

On Wednesday, 19 March, Domestic benchmark indices S&P BSE Sensex gained by 147.79 points or 0.20% and settled at 75,449.05 while the Nifty50 traded 0.32% higher by 73.3 points, settling at 22,907.60.

Here are some stocks that are likely to remain in focus on 20 March.

UltraTech Cement: The company has announced a boost in its production capacity of 1.2 million tonnes per annum, which was achieved by optimizing operations and debottlenecking at multiple plants. 

Wipro: The company has unveiled its Agentic AI services, which are designed to help nations build and deploy AI solutions while maintaining data sovereignty. The Agentic AI services are powered by NVIDIA AI Enterprise software. 

Dhanlaxmi Bank: The Board of Directors of the company has approved raising Rs 150 crore through the issue of non-convertible debentures for a duration of 10 years on a private placement basis. 

Avenue Supermarts: The company has announced investing Rs 174.9 crore by acquiring 46.6 million equity shares of Rs 10 each of Avenue E-Commerce Limited, the company’s subsidiary.  

You Might Be Interested In

Dhani Services: The company, through its subsidiary, has signed a Memorandum of Understanding (MoU) with certain land owners for 5.37 acres in Gurgaon. This MoU will expand the company’s 100% owned ongoing project, ‘Indiabulls Estate & Club’ in Gurgaon, from 24 acres to 29.37 acres.

Hyundai Motor India: The company has announced ramping up their vehicle prices by 3%, effective April 2025. The move has been taken following the rising increased commodity prices, input costs, and higher operational expenses. 

Trent: The retail subsidiary of Tata Group has announced signing a share purchase agreement to acquire THPL Support Services Limited from Trent Hypermarket Private Limited for a total consideration of Rs 166.36 crore.  

Adani Enterprises: The company, through its subsidiary Kutch Copper Limited, has announced forming a Joint Venture (JV) with Praneetha Ecocables, which will focus on manufacturing and distributing metal products, wires, and cables. 

Feeling overwhelmed by the markets? Let Unicorn Signals be your guide. Our user-friendly app simplifies complex data and provides actionable trading signals. Download the app today and trade with confidence!

@2025 - www.equitypandit.com. All Right Reserved.
Latest
IPO
Weekly
Outlook

Stock
Market
Prediction